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Chapter 663 Issuing bonds, come and buy!

When he entered the East Lake Palace again, Wu Sangui was already the official military envoy of the Pingxi Army!

Although he was a powerful force with a lot of troops and power, Wu Sangui could not feel any domineering aura in him at all. He was still worried about borrowing debts, how to repay them, and where to find money to replenish them.

If there is a deficit, how can we extract money from the huge daily expenses of the Pingxi Army, pennies by pennies!

I have to say that it is not easy to be the feudal lord of this "limited liability domain" at all.

You have to be responsible for your own profits and losses, you have to work hard, you have to deal with everything properly, and if you are not careful, you will destroy the vassal and people!

He came to the East Lake Palace today for no other reason than to find money to mend the hole. Before leaving Xi'an, he and his staff made plans together. It's not easy to be the feudal lord!

Wu Sangui's jurisdiction is not small. There are about 20 million acres of registered cultivated land. The 330 thousand households below account for about half. On average, one thousand households occupy 300,000 acres of land. The remaining half is the government office (now the Jiedu Envoy).

Territory directly under the jurisdiction of the Central Government.

It is said to be under direct jurisdiction, but in fact most of them have owners, and the government (Jiedushi) has the right to levy taxes. But this is Shaanxi, how much tax do you want to levy? There are not many dry lands that rarely rain throughout the year.

If you harvest ten million acres, you may not be able to receive ten million stones of flour. Ten taxes and one is equivalent to one million stones.

In addition, there are some cities where the customs can collect some commercial taxes. However, Shaanxi's business is not developed, and the commercial center is not on Wu Sangui's territory, but in Yulin.

Yulin is where the grasslands and farming areas meet, making it easier to form a commercial center. Moreover, trading with the grasslands can also generate huge profits. Although exchanging firearms for good horses from the grasslands may seem a bit "incorrect", you can really make money!

After acquiring Shaanxi and Gansu, it seemed that the Ming court was no longer short of horses. However, the supply of war horses was still in short supply. The horse breeds in Shaanxi and Gansu are also grassland breeds, which are horse breeds that are close to the original ecology of nature. Of course, they are tall, short, fat and thin.

There are all of them, just like humans. Among them, the prairie horses that can serve as war horses are equivalent to the tall and powerful warriors among humans. Not only one in a hundred, but one in ten or one in twenty.

In other words, in order to obtain enough good horses, you must have twenty or thirty times the number of horses. However, the number of horses in the Gansu and Shaanxi farming areas is still insufficient. According to the standard of selecting one from twenty,

The war horses may not even be able to satisfy the two vassals of Pingxi and Shuofang. How can there be any spare power to supply the Ming army in the southeast?

Now the number of troops in the Southeast Ming Army has gone to 600,000. Even if some of them are garrisoned in branch towns and not on the front line, they can still be organized into at least 160 infantry regiments (400,000 people).

But if he wants to organize these 160 regiments into 40 model divisions with strong field capabilities in five years, Zhu Cixiang will have to provide at least 40 cavalry battalions and 40 division-level artillery regiments. This will require equipment of nearly 1,000 3

Pound cannon and 50,000 war horses (draft horses). Artillery is easy to handle, because bronze cannons are very durable and will not be damaged after decades of use. So it is nothing more than casting 200 cannons a year and sixteen or seventeen cannons a month.

But if the 50,000 horses are mainly grassland horses (it is impossible for such a large number to be all broken-eared horses), there must be at least hundreds of thousands of horses to support this number!

Even if you own Ganshan, you can't raise so many horses.

So Shuofang Jun's "gun-for-horse" business can make a lot of money!

Wu Sangui's Pingxi Army had a falling out with the powerful Heshuo Special Department because of the previous detention of the fifth great lama. Therefore, the Pingxi Army did not dare to clean up the Mongols on the Hetao Grassland like the Shuofang Army did. It cannot do well if it does not establish its power.

Buying and selling! And to establish authority may trigger a long-term war with Heshuote Mongolia!

Therefore, the grassland trade of the Pingxi Army is not easy to develop.

Therefore, Wu Sangui and his staff did a lot of calculations and found that the annual income was more than one million.

Wu Sangui, who was worried, followed the eunuch who led the way and wandered around the East Lake Palace for a long time, and finally stopped in front of a majestic house.

The eunuch who led the way was a very stout eunuch, probably a "Kennan eunuch" from the Jing Dynasty. He was wearing a large python robe and led Wu Sangui all the way. The corners of his mouth were curled up, looking arrogant. But he turned back to talk to Wu Sangui.

When he saw it, he still smiled like a flower: "Master, this is the Yongning Palace where the Queen lives."

It turns out I’m going to meet a girl today!

Wu Sangui relaxed for a while, and then looked at the palace gate in front of him. It was not grand, but it was very exquisite, a bit like the garden of a rich and powerful family. The Hongxing Emperor didn't seem to like to show off his royal prestige!

There were guards waiting at the gate of Yongning Palace. When they saw Wu Sangui coming, one of them ran in to report. After a while, a summons came: "Send General Pingxi, the Military Envoy of Pingxi Army, and Duke Liang to pay their respects!"

Wu Sangui straightened his clothes, stepped into Yongning Palace, and then followed the big man to a palace with good lighting. The palace was not big, and it was equivalent to a hall where powerful people entertained guests. However, it was well built.

It is very high and has windows all around. The weather is not very cold now, so they are all open to let the sunlight in.

Zhu Cihong and Wu Sangui were sitting in the palace. Emperor Zhu sat behind a table and Wu Sanmei sat next to him. There were some papers spread out on the table. I don't know what they were. When Wu Sangui entered, Zhu Cihong and

Wu Sanmei is all watching.

"Uncle, there is no need to kneel, come here quickly."

"Second brother, come and see."

Zhu Cixiang and Wu Sanmei didn't have any airs about them, and warmly greeted Wu Sangui to come over and see what was going on.

Wu Sangui was not polite and walked up to the table. Only then did he realize that there were many printed materials on the table that looked like treasure banknotes.

"This is the chief debtor of Pingxi Domain. What do you think of the seal?"

The bonds of the feudal clan!

Wu Sangui sighed in his heart.

Zhu Cixiang added: "They all have a face value of 100 taels, with a coupon of 6 taels per year. They can be transferred. Each one must have the seal of Maritime Bank or Salt Merchant Bank, and the bonds must be registered. In theory, they can only be registered in two banks.

The transaction transfer was completed in the branch. Uncle Chang, what do you think? Are you satisfied?"

What are you satisfied with? Wu Sangui is not satisfied at all!

Because no matter how he calculated, it was impossible to pay off these accounts of the King of Hell!

"Your Majesty, I'm afraid that I can't even pay the interest on the feudal debt. Why don't you hire someone else?"

As soon as Wu Sangui opened his mouth, Zhu Cihong was amused. This man in history rebelled because Emperor Kangxi cut down his vassal!

Now he is forced to resign due to millions of feudal debts. Isn’t this a big change?

"The fiscal deficit is normal," Zhu Cixiang smiled and waved his hand, "If the imperial court takes over directly, the deficit will only get bigger. Now that a town is autonomous, if we try hard to maintain it, we can still minimize the deficit. Uncle Chang, you don't want anything.

If you have any concerns, just go ahead and do it. The court supports you!

You can control the Pingxi Army for life, and you can pass on the post of Jiedu Envoy to Ying Xiong!"

I want to pass it on to Wu Yingxiong! Wu Sangui thought to himself: When will this vassal be withdrawn?

Zhu Cixiang said again: "Uncle Chang, please don't let it out that the Pingxi Army Jiedushi will be hereditary, otherwise the debt notes will not be issued. The Salt Trading Company and the Maritime Trading Company have already made a plan, and the new bonds will be issued soon."

A total of 3 million taels of face value are issued for future bond notes, and the annual interest rate is up to 10% of the face value. They are issued not only in Hankou, but also in Nanjing, Shanghai, Quanzhou, and Guangzhou.

In order for this issue of debt notes to be issued smoothly, we must make people believe that the Pingxi Army will withdraw from the domain in three or four years. Therefore, the imperial court will later set up a Shaanxi Governor's Yamen, and will also set up a Governor-General Sichuan-Shaanxi Military Affairs Yamen. Shaanxi Governor

Wang Yongji will be appointed, and the governor of Sichuan and Shaanxi will be appointed to you! At that time, the imperial court will also issue a subsidy to Pingxi and Shuofang towns in the name of using troops in Sichuan. With this news, the first installment of the old debt will definitely be
Chapter completed!
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