Money shops were a financial organization that emerged in the later period of Chinese feudal society. The initial business was mainly currency exchange, and then gradually increased deposits, loans and exchanges.

By the end of the Ming Dynasty, money shops had become an independent financial organization, not only operating exchanges, but also handling loans, providing convenience for issuing posts and withdrawing money. The tickets that were originally exchanged in the two places also became credit circulation tools for money shops to issue banknotes. In addition, several small-scale money shops, money rice shops, etc. were quite active in rural areas. With the development of money shops, the number of money shops increased, and in the Qing Dynasty, the guild organizations of money shops appeared one after another.

Su Langqing is not unfamiliar with Nanyang merchants, money houses or silver accounts.

"Sir, I want to open a money shop." Su Langqing was shocked.

The silver number is mainly loaned.

The West Number mainly focuses on exchange and storage of official funds.

"Five-family heads" or "Liujiatou", mainly dumping silver ingots on the furnace, which is equivalent to silver furnaces. These are several types of money shops.

Su Langqing looked at Liu Yu,

He originally thought that Liu Yu would extort Chinese merchants again on credit, but he did not expect that the method given by Liu Yu was to open a money shop.

Most people cannot do it without strong financial resources and background when opening a money shop, but if it were the Luzon Ming court.

"Minghai Money House, can it be?" Su Langqing's eyes shined.

"Isn't the world short of money? The Ming court is also short of money, so it just so happens that it is just open a money shop in the name of the Ming court." Liu Yu said with a smile.

"The merchants of Luzon hid silver at home and in the cellar all day long. They were suspicious all day long, afraid that the red-haired ghost would come back to rob your silver. It happened that the Ming court opened a money shop and asked the merchants to keep all the money in the money shop to see who dared to put their ideas on the Ming court." Liu Yu smiled and looked at Su Langqing.

"Of course, it's not just merchants, but thousands of people from the Ming army, from generals, from squad leaders, soldiers, and the monthly salary of tens of thousands of taels of silver is rumored. You can't eat them all. Most of the men don't even have women. What can you do if you eat the food of the court, sleep in the court's house, and eat one person and the whole family are not hungry. They just save tens of thousands of taels of silver a month in the money house. When they save enough, they will return it to them, and they will save the money for marrying a woman."

Of course, all this must be voluntarily done by the Ming army. For example, those veterans who are just scoundrels who can do it every day are scoundrels, and Liu Yu does not interfere.

As long as you are willing to fight, the rest will be with them.

However, Liu Yu still served snacks for those new recruits and farmers from the mainland.

Open a money shop to save some silver for these men. In the future, I will have the capital to marry a woman in Luzon to buy a piece of land. I can't sell it to the Ming court for half my life, and in the end I will have nothing.

"Sir, I want to encourage Ming court officials and businessmen to deposit money in the money shop." Su Langqing took a deep breath.

There are more than 100,000 merchants, people, sailors, officials, etc. in Luzon.

Let’s not talk about officials, just talk about businessmen from all over the world. Which Chinese businessman doesn’t have tens of thousands of taels of silver in his home?

These silvers are usually hidden in secret manors and cellars, and will only be used when doing big business and going overseas.

In the late Ming Dynasty, China was already in the budding stage of capitalism.

The rise of Shanxi merchants and Hui merchants shows that the folk commercial activities in the Ming Dynasty were very active.

On the coast of the south of the Yangtze River, various forces were intertwined. When merchant ships and cargo ships went to purchase goods, they not only needed to bring a large amount of silver to purchase, but also needed to bring a large number of sailors to protect merchant ships from pirates.

Let’s not talk about the mainland during this period, just talk about Luzon.

Nanyang trade generally refers to paying money and delivering goods in one hand.

If you take a boat of porcelain to Nanyang, the Spanish will naturally exchange silver coins for you.

If you want to buy spices, cotton cloth, etc., you must naturally stock up on the merchant ship.

Every year from the Ming Dynasty to the South China Sea, the goods and money circulating are conservatively estimated to be more than tens of millions of taels of taels of money. I don’t know how many pirates are staring at such a huge amount of money.

This is also the reason why pirates are constantly alive and cannot be wiped out.

In order to avoid pirate looting outside Luzon, various chambers of commerce in Luzon have maintained a mercenary.

The thousands of Arab and other mercenaries who originally belonged to Lavag were armed by the Nanyang merchant ship owners to avoid pirates.

But things went against your wishes. You spent money to hire sailors to work hard for you. As a result, these mercenaries turned around and cut you off after seeing the money, without any credit.

Isn't this the Arab mercenaries of Lavag, Vigan?

If merchants do not hide the silver at home, but put it in the money shop, and Minghai opens money shops in various island strongholds on Weigan, Lavag, Mingcheng and even the sea trade channel, and they can be exchanged for silver at any time.

There were pirates everywhere on the route from Nanyang to Luzon. If the Ming Dynasty could set up a money house that could be withdrawn at any time between the Ming Dynasty and Nanyang, the profit would be amazing.

Su Langqing naturally thought it was clear.

"The Ming court and Minghai jointly established a Minghai Money House, allowing merchants, officials, sailors and even the people to deposit silver into the money house, and then open money houses in various towns and rivers, which not only avoided the inconvenience of merchants carrying cash, but also charged a certain fee, and also solved the embarrassment of Minghai's lack of money in the Minghai." Liu Yu smiled and looked at Su Langqing.

"This is good. If you open a money house between Nanyang and Luzon, we will charge a handling fee of one or ten taels of silver for every hundred taels of silver. If one million taels of silver, we can earn tens of thousands of taels of silver." Su Langqing nodded.

The most important thing is that in Luzon Chinese merchants, many officials hid cash in their homes. These are real silver and silver dollars, which are basically kept in the cellar and are moldy on weekdays. It is better to encourage merchants to put them in the money shop.

"Minghai is the leader of the four seas. Although Minghai is engaged in the Ming army's business and its trade is far inferior to the other three seas, Minghai is the top priority among the four seas. Minghai not only wants to open a money house, but I also want Minghai to form an armed merchant fleet." Liu Yu said indifferently.

"What, form an armed merchant fleet." Before Su Langqing could recover from the money shop, Liu Yu gave another big gift.

"Sir, this is not good, right? Minghai just joined forces to do business with the Ming army, so how could it be prepared for warships?" Su Langqing's hair was already standing on his back at this moment.

He didn't even know why Liu Yu said that.

You should know that even the Spanish did not ask Luzon's Chinese merchants to prepare artillery on the ship, for fear that the Chinese merchants would rebel. The Qing court even limited the size of the ship to sea and how much food you would give you a day.

On the other hand, Liu Yu actually wanted to prepare an armed merchant fleet for Minghai in the Ming Dynasty.

"The sea outside Luzon is not peaceful. You have lost more than ten ships in just this month. It was because the Ming army was careless and failed to protect the merchant ships in all directions."

"This is also at the doorstep of the Ming court. In the future, when you come to Annan, Batavia, Manila, and East India, will the ships from all over the world be robbed by pirates harmlessly?" Liu Yu sneered.
Chapter completed!