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Chapter 528 Royal Bank

There is no concept of banking in this dynasty now, which means that a royal bank established by the royal family can be established in Daliang Kingdom.

As long as more than 70% of the residents in the country are willing to store the money in their hands in the royal bank, then the Daliang Treasury will no longer be afraid of being empty.

Once the royal family has enough money, it will naturally be easier to implement many policies, and the taxes that the people need to pay will naturally be reduced accordingly.

"Well~ Not bad. If this royal bank can be established successfully, it will be a good thing for the entire Daliang Kingdom."

After reading the 'bank strategy' written by Wu Lang, Emperor Liang couldn't help but click, "Let's take a look together!"

After the civil and military officials present circulated the "Bank Strategy", most of the civil officials present subconsciously cast a praise look at Wu Lang.

Although the "Bank Policy" did not introduce all the details in detail, the civil and military officials present were all important officials with real materials. Just by looking at these rough information, they could already understand the role of the royal bank on a country.

After seeing the ministers reading the "Bank Plan", Emperor Liang asked with a smile: "What do you think of all the beloved ministers?"

When the Minister of Revenue Shen Zhui heard this, he stepped forward and said, "Your Majesty, if the Royal Bank can be really built, the Daliang Treasury will no longer have to worry about being empty in the future. The people can also get an additional harvest. This is really a good thing that benefits the country and the people!

But this matter is of great importance. If something goes wrong accidentally, it will also cause turmoil in the country, so a reliable person will be needed to deal with this matter."

The Ministry of Revenue itself is the department in charge of the household registration and money of the people of the country, so Shen Zhui's understanding of the "bank strategy" is far beyond that of other ministers.

"Shen Aiqing's words are reasonable. Jing Lang, since you wrote the 'bank strategy', no one knows the construction of the Royal Bank better than you, so you can handle this matter with all your power!"

"My son obeys the order!"

...

Since the establishment of the Royal Bank is of great importance, Emperor Liang gave Wu Lang great power, and the Duobao Pavilion under Wu Lang's command is spread throughout the major cities of Daliang and has long laid a very deep foundation.

With the help of Wu Lang's forces and combined with the privileges given by Emperor Liang, he only took several months to establish royal bank branches in various parts of the Liang State, and initially established royal bank branches throughout the Daliang State.

In today's era of imperial power supremacy, people still trust the royal family very much. Therefore, when Wu Lang publicized to the public that he could not save money in the bank, which not only could ensure that the money was not stolen, but also obtained interest, the people at the bottom began to try to deposit money in the royal family.

Although the people who deposited money in the royal bank at the beginning were all ordinary people, they could not resist the large number of ordinary people, and they naturally accumulated a lot of money.

After the money was concentrated, Wu Lang did the next thing to do was to guide other wealthy businessmen to learn to borrow money, so members of the Baibao Pavilion in various places began to secretly borrow money from the royal bank under the name of wealthy businessmen from other places.

Rich businessmen in major cities saw wealthy businessmen from other places lending money from the royal bank, and their business grew bigger and bigger, and even began to invade the interests of wealthy businessmen in local cities. Naturally, they would not be stunned anymore, and some wealthy businessmen learned to lend money from the royal bank.

As wealthy businessmen and nobles from all over the country began to learn to make money from the Royal Bank, the entire Royal Bank began to operate initially.

Moreover, due to the times, no one dares to borrow money from the royal bank and refuses to repay it. If they dare not repay it, it would be a serious crime of raiding the house and extermination of the clan, so there is no need to worry about bad debts.

What's more, the interest rate given by Wu Lang is not high, only about 5%. As long as the wealthy businessmen did not deliberately commit suicide, they could still pay the interest rate of 5%.

If the profits earned by wealthy businessmen are less than 5% of their principal, then they would better not do business and save money from losing money in the future.

As the Royal Bank gradually got on the right track, Wu Lang's position in the court became higher and higher. Although King Yu wanted to suppress Wu Lang, it was too late.

When Wu Lang was stuck in the eyeliner of Prince Yu's mansion and heard that Prince Yu was about to deal with him, he first sent all the evidence of Prince Yu's crimes committed over the years to the Ministry of Justice.

Now the Minister of Justice is Cai Quan, and Cai Quan is a straight minister. When he saw the evidence of these crimes that King Yu had committed over the years, he naturally would not be polite to him. The next morning court announced the evidence of these crimes in front of all civil and military officials.

Although Emperor Liang also knew that King Yu had made many small moves over the years, he had always chosen to turn a blind eye. As long as King Yu did not touch his bottom line, he would not easily punish King Yu.

However, when Cai Quan announced these evidences, and among these evidences, King Yu also caused someone to detonate the private artillery shop, causing the former crown prince to be deposed, Emperor Liang really could not continue to tolerate King Yu.

Although Emperor Liang did not directly throw King Yu into the Heavenly Prison, he also took out the seven king beads on his head, leaving him completely irrelevant to the position of crown prince.

After King Yu was deposed, no one could check and balance with Wu Lang among the many princes under Emperor Liang. In addition, the emperor himself was older, and he felt a little over the years, so he did not intend to support other princes to balance Wu Lang.

Not long after, Wu Lang was crowned as the new crown prince. Coupled with his good reputation over the years and his various political achievements that benefit the country and the people, all the civil and military officials in the court followed him, and his prestige even surpassed that of King Qi at that time.

However, compared to King Qi back then, Wu Lang knew the truth that he was unpleasant, so even if he wanted to oppose Emperor Liang's policies, he would choose to beat around the bush and remind Emperor Liang from a different angle that he was still as respectful to Emperor Liang and the Empress as usual.

Therefore, although Wu Lang's prestige in the court has surpassed King Qi of that year, Emperor Liang's love for him has increased instead of reducing. He is very pleased to have such an excellent heir.

Three years later, Emperor Liang died and the new emperor Wu Lang succeeded to the throne. The first imperial edict issued was the world amnesty, exempting the farmers from three years of taxes.
Chapter completed!
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