(Updated in the early morning, please give me a monthly ticket!)

Li Jing got up early in the morning, jogged for half an hour as usual, then practiced swordsmanship, punched a set of fists, and then went out for a walk of the horse. After almost half an hour of activity, his whole body's energy and spirit were suddenly extremely excited.

Last night, he reviewed the official documents very late, so he rested in the Marshal's Mansion. Da Yue'er served overnight.

After conquering Goguryeo, Li Jing's envoy moved the center of gravity to Liaodong and began to station in Liaodong. The family of Dengzhou wanted to move here immediately, but Li Jing thought that the Liaodong city is still in chaos and everything is in chaos. In addition, the Chinese New Year is about to be over, and Liaodong is cold, so he asked them to stay in Dengzhou. However, after thinking about it for a long time, Li's mother Han still sent Xiao Yulou, Dayue'er, Zhang Hui and the other two to Liaodong.

Among his wives and concubines, Wang Wanjun had just given birth to his third son, and Wan'er and the Pei sisters were also pregnant. Megan and Julie, two Hu women, have never been liked by the old lady, and they are far away in the Southeast Army. The remaining few, Xiao Yulou and Zhang Hui are not pregnant yet. Although there is a daughter after the month of the year, they are two years old. The old lady is not worried that Li Jing is alone and there is no one to take care of her. So she sent the three to Liaodong, and Gui Niang is not pregnant either, but she is the main wife, with so many children and several pregnant concubines at home, she still has to stay in Dengzhou to preside over the affairs of the mansion.

Originally, Li Jing was not unserving her in Liaodong City. Gongsun Lan and Li Huier were both in Liaodong City during this period. A few days ago, Zhang Yingying also visited Liaodong City and asked for a large number of supplies from Li Jing and sent a large number of Silla and Japanese slaves.

When Li Jing returned to the backyard of the coach's mansion, Da Yue'er had already gotten up and ordered the maid to prepare hot water for Li Jing. After following Li Jing for three years, his daughter was already two years old. Da Yue'er had already followed Li Jing wholeheartedly. No matter what, following Li Jing was still much better than when he was with Gao Zhaokang. Although the princess of Bohai has now become a seventh lady of Li Jing, she didn't care much about it.

In the bathroom, Dayue'er was wearing a tulle and wiping Li Jing's body with a loofah. After following Li Jing, she felt a little regretful, but she was still far away from each other all year round. Even when Li Jing was in Dengzhou, she was often busy with official duties. When she returned to her mansion, a large group of women at home had all divided their time. It was very difficult, so she had the opportunity to spend time with Li Jing alone and share the same bed.

"Prince, I just read the morning newspaper I sent today. Many people said that my husband sold official positions and titles." Last night, Dayue'er was very energetic this morning. She used some conservative literati in the newspaper for criticizing Li Jing for awarding titles to merchants.

This time, Li Jing issued a bond, which really caused a big sensation. He issued a bond of 30 million yuan at a time. Originally, many people believed that if they did not forcefully buy and sell, they would definitely not be able to sell so many bonds.

But the result was completely opposite. After Li Jing wrote an article in the newspaper to introduce the nature of the bonds, he promised tax cuts, an annual interest rate of 5% and the news of the top ten awards. The bank officially issued bonds the day before yesterday, but the person who came to buy them directly filled the bank's hall.

Li Jing's bond was issued by the Marshal's Office of Northeast Road. Six towns, 21 prefectures and 100 counties in Northeast Road are debtors, and the credit is extremely high. Besides, the annual interest rate of five-year period is 5% and the income is already good. What's more, there are tax cuts. Everyone knows that this is a bond issued by the Prince of Andong. Whether it is a merchant or a commoner, he is now living a good life with Li Jing, and his life is in stock.

When they saw Li Jing lending money, they of course had to support it. Of course, it goes without saying that the officials of Dengzhou were treated well, so most people were willing to use money to buy bonds. Merchants, farmers and workers were also quite enthusiastic.

Among them, workers and farmers value the annual interest rate of 5% more. In the past, when they were in the money house, they had no interest in savings and had to save fees. Now, everyone has to spend money on food and clothing. Put the money earned in the bank for five years. If you deposit ten jin of money, you will get 500 coins of interest a year, and if you spend 2,500 coins in five years, you will have 2,500 coins. This money is also placed at home. If you put it in the bank of the prince, you will have 5 years, and it will be equivalent to one-quarter of the money. Where can you find such a good thing?

And those businessmen, especially big businessmen, do not like the 5% interest rate. After all, for merchants, capital turnover is very important. However, the most important thing they come here is the preferential measures for tax cuts and the top ten awards who are very enthusiastic.

The registered interim interest rate Northeast bond with 30 million guan was sold out in just one day. The bonds issued this time had a minimum denomination of ten guan and a maximum of one thousand guan.

As a result, Liu Shouye, a famous ocean-going maritime merchant in Dengzhou, bought a bond of 5 million yuan, a total of 5,000 yuan per piece, and a total of 5,000 yuan, and several large boxes. Liu Shouye's behavior of spending 5 million yuan shocked the entire bank at that time. Moreover, this incident quickly spread throughout Dengzhou at the speed of light. Liu Shouye's move made everyone re-recognize the maritime merchant and know his wealth.

Without everyone's surprise, after Liu Shouye bought a bond of 5 million yuan, he became the one who bought the most bonds this time.

The most of the remaining nine is only two million, and the lowest is one million.

The top ten companies bought 18 million yuan for bonds of 30 million yuan. Five of them were marine merchants, while the rest were coal bosses who operated coal mines, ship owners who built ships, and Han, Xiao and Cui.

Many people who want to buy bonds even lined up for a long time and were still outside the bank gate, and the bonds were issued.

Liu Shouye suddenly became the most famous figure in Dengzhou and even Northeastern Road. Many people even rumored that he had tens of millions of dollars in property.

Even Li Jing was very surprised when he heard this news in Liaodong City. He didn't expect that these merchants had so much money. Five million, although it was not given to Li Jing for free, he might have taken out five million to buy bonds, because it was registered bonds and could not be directly circulated. Therefore, for a businessman, this money would be dead within five years. This completely shows that Liu Shouye's property is at least 10 million yuan.

Li Jing had no idea of ​​killing pigs for Liu Shouye. As long as they abide by the rules, it would be a good thing that there were many wealthy businessmen in the country.

Li Jing did not break his promise and immediately invited the top ten to Liaodong City. Then a grand award ceremony was held.

For these non-warriors, the medals awarded by Li Jing are the medals of benevolence, loyalty, righteousness, courtesy, wisdom and integrity. The winners become medals and the lowest-level nobles. They have twenty acres of land without credit, and are awarded medals, and are given a set of ninth-rank official uniforms. They are exempt from worship when they see officials, and enjoy the political treatment of county magistrates, which is not hereditary.

The biggest thing about this honorary title is not a substantial reward. The actual reward is not much, just twenty acres of land. However, it allows them to enjoy political treatment at the same level as the county magistrate. For example, even if the honoree was originally a businessman or a music worker with a low career, their sons also enjoy the treatment of a good family. The military, admission, and exams are all recorded according to the good family.

Since Liu Shouye purchased five million yuan, Li Jing specially awarded his eldest son a medal of benevolence, and the Liu family suddenly produced two medals. This was not only a surprise to Liu Shouye, but also a great shock to everyone in Dengzhou and Northeast Road.

As a result, in the past few days, conservative scholars began to write articles to criticize Li Jing for selling official positions and titles.

"These merchants have made great contributions to the government and deserve to be respected jazz." Li Jing said with a smile. In fact, Li Jing also intends to take this opportunity to improve the people's concept of merchants and enhance the status of merchants. No business is rich, no work is alive, no farmer is unstable, both industry, business and agriculture are equally important. Although it is still an agricultural society at present, in today's era, strengthening the status of industry and business is extremely important.

Especially the path taken by Northeast Road today requires the strengthening of the status of industry and business, and Li Jing also hopes to attract more industry and business.

"My husband issued this bond and borrowed 30 million guan at once. Is the Shuai Mansion no money? I heard that the Shuai Mansion asked merchants to move the people from all over the country, and then the Shuai Mansion would give them a lot of money?" Da Yue'er asked with some concern.

Li Jing chuckled and said, "The bonds were issued not because the Shuai Mansion had no money. On the contrary, the Shuai Mansion still has a lot of money now."

"Why do we have to borrow so much money? Also, if we lack money, can't we print money?"

Li Jing did not find it funny when he heard Dayue'er's obvious words. In fact, most officials in Northeast China now have this concept. Everyone's financial management concept is just like managing a family. He believes that when you are frugal, you can do as much as you have. Borrowing money is not a good thing in the eyes of many people.

But for later generations like Li Jing, issuing bonds is something that many countries do. Just like doing business, when product sales are booming, it is a very normal move to borrow some funds to expand production scale. The same is true for a company to go public.

Li Jing didn't have money, but Li Jing couldn't spend all the money in real time. Li Jing had to prepare some money, but he also needed to spend money. Therefore, it was very reasonable for Li Jing to issue a bond after calculating future returns.

As for printing money when you have no money, this is even more a matter for laymen. Li Jing has not completely abolished the currency status of gold, silver, copper and cotton until now, and has given detailed considerations. All currencies require margin. If there is no margin to print money randomly, it can only be inflation in the end. Li Jing has seen too many such things. Many countries have collapsed and they have to directly trade a few dozen kilograms of money for buying a loaf of bread.

If Li Jing's money is the same, that would be a real disaster. All the economic orders that are now working hard to build will collapse and it will be difficult to stabilize the Northeast Road.

Li Jing briefly explained the method of doing both the margin and the gold, silver, copper and grain of Northeast Road. However, seeing Dayue'er's confusing appearance, Li Jing laughed at herself and stopped talking. He, as a descendant, could not understand this, how could a princess from the Bohai Kingdom understand all this with just a few words.

Although I didn't understand why I couldn't print more money, Dayue'er also knew that Li Jing was not really short of money, so she felt relieved.

"Dangdangdangdang..."

A sudden loud bell rang outside. Dayue'er was startled and soon realized that this was the sound of the big bell in the coach's mansion. He smiled at Li Jing with a blushing smile, "I am not very used to this big bell yet. I ring the bell every half an hour, which is always shocking and frightening."

Li Jing laughed, this clock is the freshest business. The production technology of clocks is not too complicated. When the manual manufacturing industry and material industries reach a certain level of progress, the production conditions are completely met. Li Jing just found a group of mechanical craftsmen and pointed out the direction of clocks to them.

These professional craftsmen studied according to Li Jing's direction, and found the direction in more than half a year, and then continued to improve. Now, in more than a year, the first clock has finally been finalized for production.

This one in Marshal Li Jing's mansion is the first clock officially produced. It is inlaid with gold and jade, and has a glass mirror. It is beautiful and luxurious. This clock is more than three feet high, and it is also ringed every half an hour according to the twelve-hour sign.

People in the clock factory are not used to the new time proposal that Li Jing proposed, which is equal to two hours, one hour and sixty, and one minute and sixty seconds. However, Li Jing insisted on using hours. Anyway, the clock rang every half an hour. It took six hours to turn one round, and then another round, which was a whole twelve hours. The time unit of hours, tiar, minutes is indeed much more accurate than the previous incense stick and a cup of tea.

Once produced, everyone has already determined that this will be a piece of glass that will sell well.

Although the clock is destined to be a luxury, it is extremely promising if it is trafficked to the West.

Li Jing was very business-minded and asked the clock factory to develop several models, divided into collector's editions, collector's editions, luxury editions, ordinary editions and other models. The internal structure of the clocks is actually similar. Li Jing just asked them to replace the outside materials with pearls, jade, gems, coral agate, gold, silver, copper, iron and wood, etc., and they could completely sell them to different customers.

"This is a treasure. Do you know how much our clock is worth?" Li Jing asked with a smile.

Dayue'er shook her head, but she also knew that a magical timer tool like a clock would never be cheap. What's more, this is not just a timer tool, but also a collectible and luxury item.

"Now, there is only such a three-foot-high large clock. The ordinary version is priced at 300 guan, the luxury brand is 1,000 guan, the collector's version is 3,000 guan, and the collector's version is 1,000 guan! Of course, the workshop has just been established, the standard parts production line is still being improved, and workers are also training. Therefore, in a short time, this magical timing tool can only be produced in small quantities, and each clock will be in the form of an auction. At least within a year, ordinary clocks will not be produced. According to my estimate, the first auction clock will have to be auctioned for one million guan, specifically sold to those who cannibalism, and make a fortune for them."

"One million?" Dayue'er took a deep breath.

Li Jing smiled, things are precious because they are rare. I think that in history, the French queen once spent 300,000 gold francs to buy a mirror, and 300,000 gold francs is equivalent to at least one billion yuan in later generations.

The clock is originally intended for the rich. The royal family, royal family, huge merchants, and nobles, are you afraid that no one will buy good things? When the profit is almost done, you can launch a variety of versions, or even ordinary versions. At that time, ordinary ones will be sold for about a hundred yuan. I believe that most large merchants and officials can afford it.

The price of the clock dropped, and Li Jing might have already developed the pocket watch and watch technology and could make another round.
Chapter completed!