Chapter 1,374 Financial Operations

"The Liang family's relatives fell because he stood on the other side of most people. Therefore, it was not the Song Dynasty that overthrew them, but they themselves overthrew themselves."

“In the next class, we will talk about ‘Zheng Bo’s Duan’, which contains a sentence said by Bo Zheng, ‘If you do many unjust things, you will be killed’.”

"The imperial court did not regard Su You as incompetent and gave him the important task of transporting the three roads. Su You will also be responsible for the most people in the three roads and lead the most people to create happiness."

"The Song Dynasty is not here to conquer, and Su You is not here to suppress it. We are here for the civilization of the Three Roads and the happiness of the people of the Three Roads."

"Today's first class is to share with you some of my experiences in reading "Spring and Autumn"."

"Spring and Autumn Annals is my classic, and my teacher is Tang Yantong, who was known as 'Mr. Lu Guo' in the Song Dynasty."

"These things are not my own thinking, but what I have learned through the exchange of ideas after being taught by Ouyang Xianggong, An Shixianggong, Sima Xianggong, and Hengqu.

Something gained.”

"Hexi Toshi, with the surname of Xizhou You, once created his own glory."

"It was possible in the past and it is possible now."

"I also hope that everyone will not rest on their laurels. You must know that there is no end to learning. In the future, you will have to go beyond Hexi and continue to explore on the road of civilization to bring civilization and kindness to more people."

"This is my first class, thank you all."

Among the students, there are also students from aristocratic families with profound knowledge, and there are also ignorant beginners, but so far, no one has any objection to the profoundness of Su You's knowledge.

One class contained a lot of history, astronomy, geography, and philosophy, and I couldn't help but cheer.

As a scholar who can write the first seventeen words of "Spring and Autumn" into such a large chapter, Su You's thorough research on principles is no less than Wang Anshi and Sima Guang.

After a class, the students all felt that they were still interested and were unwilling to leave. They gathered around to ask for advice.

The most excited person was Li Sunju.

Su You's knowledge cannot be seen at all in daily government affairs. After sitting in on a class today, I realized how rich his education was for a figure valued by the top intellectuals of the Song Dynasty.

It's really breathtaking.

Su You was young, did not respect his status, and was even a bit naughty and lazy, but he respected his seniors very much, so in Li Shunju's heart, he always regarded him as a naughty child.

Perhaps, he is a very capable naughty child.

But today this naughty child suddenly showed off his cards and said that I am actually a top student, which surprised Li Shunju.

This kind of feeling is almost the same as that of the child in the family of later generations who is known to be greedy and playful every day and has no interest in studying. He suddenly comes to you and tells you that he has been specially recruited by Tsinghua University and Peking University.

When he thought about it, Li Shunju couldn't help but laugh again. Su Mingrun was the most famous girl in the Song Dynasty, and he was young and famous. When did he stop being a top student?

It's just that I am humble and polite on weekdays, and I don't let myself ignore it!

After dealing with the enthusiastic students and humbly accepting the compliments of teachers and officials, Su You returned to the cotton mill and met Zhang Qi, Shen Kuo, Wang Hou, Li Yong, and the newcomer Chao Buzhi in the bathhouse.

Let’s meet honestly.

Su You likes to take baths, and also likes to drag others into baths.

What everyone wants to discuss is how to write this annual report.

Ningxia's expansion of households has achieved remarkable results. Su You now has a population base of 3.5 million.

After frantic hoarding, there is now a large amount of gold, silver, coal and iron in the transfer treasurer's room.

Moreover, cotton cloth has begun to be produced this season, and there is also a large commodity in Hexi - livestock.

In the past, the Xia Kingdom did not sell cattle and horses to the Song Dynasty. Now that the trade routes are open, the cattle and horses that have been bred for a year are driven to Xijing, which is money.

Therefore, this annual report is a bit difficult to write. If the results are too outstanding, it will attract criticism from the court.

After all, it is a newly acquired land, and it is also a traditionally poor place. It is somewhat different from the South China Sea, so it is better not to be too arrogant.

Shen Kuo was the transport envoy of Ningxia Road, but before Chao Buzhi arrived, he was acting as the transport department of the three roads.

After thinking about it, Shen Kuo said: "It stands to reason that the imperial court exempted the Third Road from agricultural taxes for ten years. This year, the Third Road absorbed 100,000 Xiang troops from Bianjing, and the 150,000 Xiang troops from Shaanxi Fourth Road were disbanded. Shuzhong

The registered households that came over are 30,000, and the local Tibetan people who have surrendered to the prefectures and counties are 300,000, and they can complain to the court about their poverty."

"In addition to appeasing the population of the original Xia State counties, it also increased the burden of 600,000 people. Even if the land is free, one person still has to pay five guans for settling in. Here it is 3 million guans."

"In addition, Lanzhou Iron Works, arsenal, explosives factory, Suzhou Oil Field, iron works, machinery factories, woolen mills, Baotu Iron Works, Tongcheng's gold, silver and copper mines, mints, ammunition factories, Xingzhou Textile Factory, these are all

They are large factories that cost hundreds of thousands to millions of dollars each."

"This is ten million strings."

"In addition, there are canal digging, road construction, city building and other work services. One million guan for each of the five Silk Road states is not too much, right? Let's consider five million guan."

"The rest of the bits and pieces, such as table salt, three acids and two alkalis, cement plants, etc., should be counted as five million pounds. Isn't that excessive?"

"This year's three-way investment is equivalent to 23 million yuan, which is about the same."

Su You chewed his teeth and said: "If you report it like this, I should apologize again. Why did you spend so much money from the court?"

Shen Kuo was a little surprised: "Did you earn all these, my lord?"

Su You explained patiently: "Even if I earn it, I earn it for the court, for His Majesty, not for myself. You must understand this section, Cunzhong."

"So flowers belong to flowers, and money belongs to money. These two things are two things, do you understand?"

Shen Kuo was still wondering: "How can you earn money without spending money?"

Su You rolled his eyes: "The question is, did you report the money when you spent it? The reason why you didn't report it at that time was because you were afraid of frightening the court. Now let's talk about how to reduce the cost without shocking the world."

Shen Kuo thought for a while: "Then move the reconstruction of the five states city to next year and not apply for it this year?"

Su You thought for a while: "Well, that's five million. That's okay."

Zhang Qi said: "There are still 18 million strings left."

Su Hu said: "Among these 18 million, we can count 300,000 cattle, 150,000 horses, and 50,000 camels."

"These are encouraged by the imperial court. There are about two million guan here. They are counted as assets and can be allocated from expenses."

Su You nodded: "Yes, yes... this is a good idea! We can also include mills and windmills. These are easy to sell and can also be allocated to assets."

Shen Kuo said: "Then there are still fifteen million strings left."

Su You thought for a while: "What else can be done in the short term?"

Su Fu racked his brains: "Well...in addition to cattle, sheep, windmills and mills, then...there is also land?"

Su You waved his hands repeatedly: "The land is not good, this is a taboo. Besides, the land on Hexi 3rd Road is not easy to sell now."

Zhang Qi said: "Then only gold and silver are left."

Shen Kuo still doesn't understand what they are discussing: "My lord, I have a question..."

"what is the problem?"

"What I want to ask is, in the past year, you spent 23 million yuan, how did you achieve it?"

"Uh...hehehehe, you asked the key point..." Su You felt extremely embarrassed: "I blame this matter, I accidentally took too big a step."

"What's the meaning?"

Su Fu said: "Let me explain this. During the previous peace talks between Song and Liao, the clan leader used the Song Dynasty to send 5 million guan from Ningxia to silence Xiao Xi. Does Commander Yun know about this?"

Shen Kuo nodded: "I know."

Su Hu said: "These five million coins are actually the output of the Tongcheng gold and silver mine in half a year."

"Then the Duke issued 10 million guan of treasure banknotes based on the output of 5 million guan of gold and silver."

"so much?!"

"It's not over yet. Only 5 million of these 10 million banknotes have been circulated on the market, which is enough to support the three-way financial circulation this year."

"The remaining five million dollars were used by the Duke to invest in salt mines, iron plants, and cement plants."

"After the salt mines and iron works began to produce output, the Duke used them as collateral to loan 10 million yuan from Huangsong Bank."

"Cao Shuai also knows the scale and benefits of these industries, so Huangsong Bank lends easily."

"This 10 million guan will affect the operation of Huangsong Bank, so Huangsong Bank entrusted the Ningxia branch to use the gold and silver mine as collateral to issue 10 million guan banknotes on its behalf."

"After obtaining this 10 million yuan position, the Duke used it to invest in other industries. In the second half of the year, many industries began to produce output."

"In general, it is the initial investment of 15 million guan, plus the reinvestment of the income from business, mining, and oil, which is the origin of the 23 million guan."
Chapter completed!