Chapter 866 Discussion

After seeing everyone arguing for a long time, Su You picked up the small wooden hammer in his hand and rang the small bronze bell next to him. The capital hall finally became quiet.

Su You said: "Everyone, are you satisfied with my products in Jiaozhi?"

There was a fuss over foreign languages ​​and translations again, and Su You rang the little copper bell again: "Speak one by one! Starting from Zhenla!"

The envoy of Zhenla stood up and said: "Dear Lord Shaobao, the Zhenla Kingdom thanks you for your generous reception. Our monarchs and ministers are very happy with the results of this trade fair. We hope that the Song Dynasty can make this a permanent system."

Many envoys started making trouble again, so Su You had no choice but to ring the bell again: "Raise your hands to speak, and you are not allowed to speak until I name you!"

The envoys then raised their hands high.

Su You said: "Put it down first and wait until I finish answering the Zhenla envoy's questions."

"In principle, the Shipping Department agrees to the requirements of various countries for trade. From now on, the Shipping Department will open a sea market in Yunzhou on the day of the full moon every month."

"Many laws and standards related to this have been printed in books. In a moment, everyone will take a copy and go down to study. Which country's envoy is the one wearing the gold gauze? What's the problem?"

The envoy stood up: "Dear Princess..."

Su You quickly waved his hand: "If you have a problem with your Chinese, just call me Bachelor."

The envoy quickly bowed: "Master Bachelor, I am the envoy of the country of Zhunian. I am very grateful to the bachelor for this warm reception. My question is for the businessmen of my country."

"I heard that the people of the Song Dynasty were conducting trade between Jiaozhi, Guangzhou and Hangzhou. They didn't need to carry money. They only needed to bring a certificate and they could go to a bank thousands of miles away to exchange for gold and silver."

"They are very envious of such a convenient method of capital turnover. I want to ask if such a policy can be opened to them?"

Su You smiled and said: "So far, Huangsong Bank has issued several kinds of bills."

"One is a large-denomination banknote, which is used for settlement between banks in various places. This kind of banknote is similar to a treasure banknote, but the denomination is much larger, with a face value of hundreds or even thousands of guan."

"Businessmen can also apply to use it, but they need to purchase it from the bank with gold and silver of equal value."

"Nowadays, the more common use method is that businessmen use their own deposits in banks as collateral. After the bank freezes the corresponding deposits of the merchants, it pays the merchants such banknotes."

"After a businessman goes to a different place, he can use the note to exchange the currency of the corresponding denomination for transactions. After the bank in the other place uses this note to clear with the local bank, the local bank will deduct the corresponding frozen deposit of the merchant locally."

"There is also a more complicated method called a 'four-person bill of exchange,' which means there are four signatories on this bill."

"The first is the importer, who must have the credit required to complete the transaction;"

"The second is the importer's bank, which charges fees, takes on the importer's debt as its own debt, and provides an acceptance guarantee for it."

"To put it in more detail, it means that based on his trust in the importer, he took over the payment of the goods and guaranteed to pay the exporter on time;"

"The third entity is the exporter's bank, which provides the actual money in the transaction - he is the one who actually gives the exporter the money and holds the 'acceptance note' provided by the exporter as an asset; clearing it with the importer's bank.

"

"The last person is, of course, the exporter, who supplies the goods to the importer, collects the 'acceptance bill,' and is guaranteed to receive payment from the bank on time."

"Because they have full control and trust in the importer's credit standing, the importer's bank dares to provide such a guarantee for such payment behavior."

"In this way, this kind of bill of exchange not only allows the importer to purchase goods when he has no actual funds, but also gives the exporter peace of mind and a payment guarantee, and allows the banks at both ends to earn handling fees."

"Because this kind of bill is accepted by banks, it is highly reliable and is more popular today."

"I don't know whether the bill you are talking about refers to large-denomination clearing currency or Huangsong Bank's acceptance bill, but what I want to declare is that Huangsong Bank has no nationality distinction in the user's identity. The main difference is that

The degree of control over the user’s creditworthiness.”

"The so-called credit standing is actually very simple to understand. It refers to the bank customer's ability to perform contracts in business activities. Foreigners who want to use these two types of bills must have the ability to perform contracts recognized by Huangsong Bank."

"The easiest way to obtain an excellent credit rating is to deposit money in Huangsong Bank. As long as you have sufficient funds and honest business records in Huangsong Bank, Huangsong Bank will certainly consider you to have the corresponding ability to perform the contract.

We can provide you with such financial services, do you understand?"

You understand, the envoy's eyes were filled with stars when he heard this, but the merchants behind the envoy had expressions of surprise on their faces.

In fact, Huangsong Bank does much more work on acceptance bills than this, and even includes discount business and securities trading business.

The people of the Song Dynasty were able to play tricks with salt. With bills with higher anti-counterfeiting and more solid credit, the Song Dynasty Bianjing, Chengdu, Meishan, Hangzhou, Yangzhou, Quanzhou, Guangzhou and other places, countless peripheral

Banknote banks sprung up like mushrooms after a rain.

The biggest securities players are Zhao Xu’s family members, uncle Da Zongzheng and Zhao Xu’s own two younger brothers.

At that time, Zhao Hao and Zhao Zonge once wanted to compete for the financial rights of the Huangsong Bank, but were hit hard financially by Su You and almost bankrupted their entire family. Then Zhao Xu used the Yushitai to beat them politically again, which made them miserable.

Fortunately, they lay down in time and turned over their stomachs to admit defeat. Zhao Xu was able to regain their political status without doing anything wrong.

Su You then suggested to Zhao Xu that they should be recruited to participate in the banking business. While enjoying the dividends, they would also put their own assets under the supervision of Huangsong Bank, which was equivalent to putting them under Zhao Xu's nose.

In fact, this method is quite good, and everyone feels more at ease.

As long as he was not using money to bribe officials and generals to privately make armors and weapons, and was honest and honest, Zhao Xu would turn a blind eye to these financial oligarchs in the clan.

Anyway, he is the largest oligarch, followed by Sitong Company, and all the remaining shareholders combined cannot compare to them.

Su You was not in a hurry and patiently answered various questions raised by the envoys and merchants. The loose and considerate foreign trade policy of the Song Dynasty made the maritime merchants and envoys very satisfied.

When everyone had no more problems, Su You said: "Those things just now are actually minutiae. The main reason I have called you here this time is to discuss with various countries how to establish a stable and peaceful trade environment in the South China Sea."

"I hope it won't happen again, like the year before last when I occupied a city and robbed tribute from other vassals, and then used it as my own tribute to pay tribute to the Song Dynasty, which was later exposed."

The envoy from Champa suddenly turned red.

"We also need Java and Java. The Maluka sea area is an important passage for the vassal states. When there is a regional conflict between your two countries, you hope to restrain your own country's military and people from robbing passing maritime merchants."

The envoy of Srivijaya, Bigara, stood up and said: "Srivijaya is located in a place where there are four wars. It has feuds with Champa, Chenla, and Jampo. Ships coming and going at sea threaten the security of our port. Our country mostly defends itself, and occasionally there are accidental injuries.

, there are also some.”

All countries immediately complained one after another, saying that Sri Lanka was originally a country of pirates. In many cases, it was just greedy for the wealth of maritime merchants and deliberately sent out navy to plunder. This was not at all what the envoys said.

Su You rang the small bronze bell again, and when the capital hall became quiet, he said: "Therefore, we need a legally binding law to maintain order. The South China Sea cannot continue to be chaotic like this."

"I have a proposal. Taking the land lines and islands and reefs of various countries as the starting point, the area beyond the sight of people standing on the seashore is counted as the high seas. Any country or individual vessel sailing or fishing on the high seas must not be interfered with and fished without reason.

Violation, anyone who interferes with the violation without reason will be regarded as robbery."

"Ships from all countries fly flags to indicate their nationality and ship attributes. Take the Song Dynasty as an example. The merchant ships of the Song Dynasty fly the four-sided flag with the word Song on a red background. The navy of the Song Dynasty flies the triangular flag with the word "Yang" on the red background."

"Any country's attack on a ship flying the Song flag will be regarded as an attack on the Song Dynasty. If the attack occurs in the waters of a certain country, it will be regarded as an attack on the Song Dynasty by that country. The Song Dynasty will reserve the right to pursue
Chapter completed!