Yinzhi didn't know how much the amount of the account was. After discussing with Zheng Shichang, he was also inappropriate. Both of them knew how big the commerce volume was in Japan, nor did they know how big the price difference would be after the embargo of gold, silver, copper and other metals. Moreover, the valuation of young and strong labor in Japan was quite vague. They didn't know whether to calculate it as slaves or long-term workers.

After pondering slightly, Yinzhen bowed and said, "Go back to the emperor, the annual wage of long-term workers in Jiangnan is equivalent to five or six stones of rice, and the highest is seven or eight stones. If it is calculated in five stones, the silver is also about five taels. The 100,000 young men have been employed for five years, which is 2.5 million taels of silver.

If we agree that Japan will not allocate gold, silver and copper out of the country within three years, if the "Four Great Hengs" and others will be responsible for the interest on the price difference of the Japanese trade for three years, the 2.5 million taels will not be a loss. After all, the scale of the trade between the two Qing dynasties is decided by our Qing Dynasty."

"This scale is not up to us." Zhenwu smiled slightly and said, "One overseas trade route has been sold, and the court cannot limit the trade scale of maritime merchants. In addition, 100,000 Japanese people also need to ship out, and there will be no empty ships for the Japanese people. 100,000 rogue people, this is the amount of trade issued by Kanmi Ai."

After this statement, Yinzhi also reacted. The 100,000 people of Kanmi Ai did not believe it. He had carefully calculated it. He hurriedly bowed and said, "The emperor shone through the candles for thousands of miles, and his slightest slightest touch, which really makes me ashamed."

Zhenwu nodded slightly and was about to speak. Bao Fuquan bowed in and reported in a low voice at the door: "Emperor, Prince Yi, Prince Yinxiang, Qing Beile Yinzhen, and Bei Zi Yinli handed over a sign outside to ask for a visit."

Lao Thirteen and Lao Thirteen were responsible for expanding the enrollment of the new Imperial Guards. Is there anything wrong and pondering slightly? Zhenwu said: "Let them come in."

Zheng Shichang bowed and said, "Your Majesty, the American voyage is very long, and a ship cannot accommodate many people. If 100,000 Japanese people move to the Americas, the number of ships required will be extremely large."

"There is no need to be cāo's heart." Zhenwu said lightly: "But just selling it in the capital, the princes and nobles can eat, and they have a clear idea of ​​how much the rest can be transported to Australia." After a slight meal, he continued: "The journey on the sea is long, and the five-year period is really too short. It is necessary for Japan to change the time to ten years. In addition, the manpower cannot be too small, so it will be changed to 50,000 per year, and only 150,000 in three years, which will not be difficult for them."

Yinzhen, Zheng Shichang, and Nian Gengyao couldn't help but be shocked. This was really a lion's mouth, and it tripled as soon as he opened his mouth. According to Jiangnan's Changgong algorithm, this was 7.5 million taels of silver.

After pondering for a moment, Yinzhi hesitated and said: "Your Majesty, Ai Mumi is calculating, three years of interest, 7.5 million taels of silver, I am worried that Japan will not be able to accept it."

Zhenwu glanced at him and sneered: "No matter how aggressive you are in calculating, you must have the strength. Tell Kanmi Ai that it would be better to agree. If you don't agree, I will send someone to arrest you."

Yinzhen couldn't help but be stunned. Japan is now a vassal state of the Qing Dynasty. Will such strong oppression cause panic among other vassal states Nian Gengyao was greatly excited when Zhenwu was so strong that it seemed that it would be a big deal to station troops in Japan.

Yinxiang, Yinzhen and Yinli entered one after another and all greeted each other. Zhenwu nodded and said, "Everyone is exempted from rituals and will give him a seat."

After waiting for the three people to sit down, Yinzhen bowed and said, "Emperor, Japan is nominally a vassal of the Qing Dynasty. If you force and exploit it in such a way, you may damage the reputation of the Qing Dynasty's supreme country."

"The country of the Heavenly Kingdom also needs to be maintained by strength. Without strength, reputation is nothing but a false reputation, so what is the benefit?" Zhenwu glanced at the people present and said, "Since the Tang and Song dynasties, all dynasties have been unified but not governed, and they have not been involved in the vassal states, and they have not been involved in the vassal states. The Qing Dynasty is no exception. The coastal states such as the Korean states, Annan, and Ryukyu have all been given nominal submission and tribute through economic and trade trade. The gains are only false reputations and no substantial benefits. In my opinion, all countries come to pay tribute.

It’s okay to have a false reputation, but it’s even more worrying, because the court has no substantial management of the vassals. Once it is invaded by foreign enemies, it will not only be difficult to achieve the effect of the barrier, but will instead become a springboard for foreign enemies to invade our Qing Dynasty. What’s the use of such harmful and unhelpful vassals?

Everyone here knew that Zhenwu had the idea of ​​innovating the relationship between the Qing vassal states and vassal states, and he didn't think it was surprising that Zhenwu was deliberately asking Japan to start an operation, and he deserved the bad luck of Japan. Who made him think of Zhenwu?

After a slight pause, Zhenwu continued: "Water is small, and gold, silver and copper are actually not rich. The "Four Great Hengs" settled in Japan, one is to promote trade with Japan, and the other is to absorb the gold from Japan. The "Four Great Hengs" sign is not easy to create, and credibility must be top priority. Of course, low-interest lending business does not need to be started."

Zheng Shichang knew that Zhenwu had long been the idea of ​​issuing banknotes to replace silver. When he mentioned the reputation of the "Four Great Evergreens", he knew that Zhenwu was preparing for the future. But he didn't quite understand why Zhenwu only emphasized absorbing gold. Is silver not important in front of so many princes, and he didn't dare to ask, and hurriedly bowed:... The empress obeyed the order.

Yinxiang couldn't help but say: "Your Majesty, Japan's silver production is not low, why do you only absorb gold?"

Zhenwu glanced at everyone, sipped the tea, and then said calmly: "Why only absorbing gold is related to the money method? Before the Ming Dynasty, the scale of maritime trade was extremely small and basically negligible. Although there was trade between the Silk Road and the West on land, its scale was also limited and it was not enough to affect the circulation of Chinese money.

However, in the past century, with the prosperity of maritime trade, this situation has changed dramatically. Especially after a large amount of silver was discovered in the Americas, American silver began to flow into China one after another since the mid-Ming Dynasty. It was precisely because of the sufficient silver that silver gradually became a legal currency in circulation.

Nowadays, the Qing Dynasty's sea trade will exchange a large amount of silver every year. What will happen if there is too much silver? Naturally, it will cause depreciation and cause a crisis of low silver. Have you ever thought about it? Over the past decades, more and more silver has flowed into the Qing Dynasty, but the price of silver has been very stable. Why is this?

This is because the wealthy businessmen, officials, gentry, and ordinary people like to save money. They buried the money in silver cellars, buried underground, and stored in various unexpected places without scooping them out for circulation. This situation is not a blessing for the country. If it was placed before the Song and Yuan dynasties, it would be fine, but it would face huge risks in the Qing Dynasty."

Speaking of this, Zhenwu stopped. He glanced at everyone and said, "Zheng Shichang, you have been operating the bank account for many years, but you can tell what the risk is."

Zheng Shichang naturally understood what the risks Zhenwu said when he heard this, but he was old and could not show off. He immediately bowed and said, "I am stupid, please give me some advice."

Zhenwu glanced at him and then continued: "With the prosperity of sea trade and the scale of sea trade

The money law of the Qing Dynasty could no longer be kept alone, but was connected with Europe and America. With the increase in silver production, the silver in Europe has begun to depreciate significantly. Through large-scale maritime trade, the silver in the Qing Dynasty will inevitably depreciate in a few years.

Even I was unsure of how big the silver reserves were in the Qing Dynasty. Once silver depreciated, the larger the reserves, the greater the disaster it caused. The reason why I absorbed gold overseas and ordered the customs to force gold to charge gold in proportion was to prevent a large influx of silver, causing silver to depreciate, and also to be consistent with Europe.

Europe began to accumulate gold more than a hundred years ago and was preparing to implement the money method with gold as the legal currency, that is, the gold standard system. The Qing Dynasty also had to accumulate gold, and transitioned from a gold-silver-copy system that used the gold-silver replica system that circulated simultaneously to the gold-silver standard system. Only in this way can the Qing Dynasty be invincible in overseas trade.

Otherwise, the maritime trade between the Qing Dynasty and Europe would be in an absolutely unfavorable situation. Of course, wealthy businessmen, officials and gentry store gold without worrying about depreciation. The Qing Dynasty could also avoid the crisis caused by the depreciation of silver."

Yinzhen, Yinxiang and others couldn't help but realize it. No wonder Zhenwu asked Japan to compensate for gold and to conquer Africa and seize the gold coast. He had considered it so long that the Qing Dynasty and the country could not find someone with such a long-term vision.

Zheng Shichang was secretly shocked. He could roughly estimate how much silver was circulated in the Qing Dynasty. It was not difficult to implement the simultaneous circulation of gold and silver in the Qing Dynasty. However, it was a bit unrealistic to implement the gold standard system. However, he dare not say this. Now the Qing Dynasty is trying hard to expand its overseas territory. Who knows whether it will find large gold demands? I heard that there are large gold demands in Australia.

Yinju immediately took the lead and said, "The emperor's holy thoughts are profound, he has insight into the crux of the problem, and he has a unique eye. I am not even as good as me."

"The Emperor Shengrui Ming saw that he had a deep understanding of thousands of miles, which was a blessing for the Qing people." Yinxiang was also unwilling to fall behind and followed.

Seeing Yinzhen and Yinli was about to praise him, Zhenwu smiled and waved his hand, saying, "Don't make trouble for these false gifts."

"The emperor, the ministers and others are all sincere words." Yinzhen bowed and said, "The royal family and princes and ministers in the court have no such knowledge, and no one can be prepared for danger in peace and see the hidden crisis under the prosperous times."

"This is the economic way, and you can't learn it from the Four Books and Five Classics." Zhenwu smiled slightly, then pulled the topic back and said: "The Japanese country needs the procurement industry, the smelting industry is prosperous, and there are many craftsmen. America, Australia, and Africa all need such talents urgently. They can deliberately select various craftsmen. The imperial court said that it is based on agriculture, but the craftsmanship is not the same.

I or lack it, and anyone with a skill must cherish it.

According to the Beijing News, whether in the south or north or whether the craftsmanship has been implemented, the craftsmanship has been distributed to the land, the stove has been distributed to the stove, and the warehousing is distributed to the ground, and the warehousing is distributed to the ground, which completely lifts the constraints on craftsmen and allows craftsmen to move freely."

**
Chapter completed!