Zhou Chong's knot about Yan Song was gone, and he finally began to use this talent with confidence. Speaking of which guy who could leave a name in history books would be Yiyou? What's more, Yan Song, who was called the number one treacherous minister of the Ming Dynasty.

This person has an amazing understanding ability and is also very good at absorbing new knowledge. He quickly figured out the responsibilities of the central bank and the operating models of various banks. Now Zhou Chong has trained him as the future central bank president.

In addition, with King Zhou Chong, Zhao, the head of the central bank, the other officials in the central bank are also very hardworking. After all, everyone is not stupid. Now that the Emperor has gone to Xuanfu to visit, the King Zhao is the pillar of the Ming Dynasty, and even in the future, he will be very good.

If you may become the new emperor of the Ming Dynasty, if you don’t show it now, then when will you have to wait?

It is also because of the officials in the central bank that were effective, and the owners of the fourteen money houses also saw the benefits of central bank supervision, so they all worked hard to cooperate. As a result, the first change was the fourteen money houses in the capital.

They changed the plaque at the same time and turned a certain bank into a certain bank. In addition, the layout of all banks has been standardized and unified. In this way, people will see the same when entering any bank.

The pattern is convenient for everyone to use the bank.

After the banks in Beijing conducted unified planning, the fourteen banks, under the guidance of the central bank officials, began to change little by little from the capital to the outside world. All the original banks began to transform into new banks, and this transformation was very rapid.

But it will take a long time, and it will probably take at least one or two years, and this is just a superficial change. It may not be necessary to completely transform the old-style bank into a new-style bank for decades.

Can be done.

But it was just a superficial change. It was enough for Zhou Chong. The semicolons of the fourteen banks were spread all over the country, and even in some big cities there were many banks competing, so when these banks across the country became centralized

When a bank's subordinate institutions start to rectify the administration of officials, that is, to separate the salaries of officials from the government. In this way, although corruption cannot be completely eliminated, it can at least regulate the income of officials and for the future.

The administration lays the foundation.

Of course, Zhou Chong would not sit there and wait for a year or two. After the money shops in the capital were turned into banks, he immediately began to promote one of the central bank's main business, which is to issue paper money, which is the Daming Dynasty

Baochao was changed to a thing of banknotes. However, the issuance of banknotes was not mandatory, but was promoted by a very gentle means.

After all, although the name of the banknote has changed, the people are not fools. Naturally, they know that this banknote is actually no different from the previous Daming Baochao. There is even the same sentence on both, that is, "The Secretariat of the Central Committee of the Communist Party of China, and the Ming Dynasty is approved to print and create Daming.

Banknotes and copper coins are used in common. Forgers are killed, and those who sued the arrests are rewarded with 250 taels of silver, and they still give the prisoners property." This sentence is generally the same as turning the Ming Dynasty treasure banknotes into Ming Dynasty banknotes.

Zhou Chong has always hated counterfeit currency. In his previous life, he had seen many people working hard to make money. However, he was deceived by a few counterfeit currency and all the hard work was lost. Therefore, he always believed that people who made counterfeit currency should see them.

One kills one, and now the law of the Ming Dynasty finally fulfilled his wish. From the time when the Ming Dynasty treasure banknote was issued, it was stated that those who forged counterfeit coins could be killed, and those who reported counterfeit coins could not only receive a reward of 250 taels.

Silver, and can also obtain the property of the whistleblower. In this way, the risks taken by those counterfeiters are disproportionate to the profits they earn. Therefore, since the issuance of the Daming Baochao, few people dare to make counterfeit coins. Zhou Chong saw it

This sentence is so effective that it is simply used directly on new banknotes.

There are four types of banknotes, namely, ten-civilian, one-civilian and ten-civilian, and the issuance method is also very gentle. Zhou Chong decided to print twice the banknotes after counting the deposits in each bank.

Moreover, these banknotes were not released at once, but were transported to various banks in the capital first. For example, if someone went to the bank to deposit money, the bank used to issue bank notes, but now they have an extra choice.

That is, you can exchange silver for equivalent banknotes. In addition, if someone withdraws silver, you can also choose to withdraw real silver or banknotes. These are voluntary and there is no coercion.

At the beginning, everyone was very repulsive of banknotes. Even in the first month, banks in the entire capital did not even issue a smallest ten-money banknote. However, Zhou Chong was already doing this.

He was expecting, so he was not in a hurry at all. Instead, when the officials paid their salaries, they all used banknotes instead of silver, and they also informed the officials in advance. If they didn't want to use banknotes, they could go directly to the bank for exchange.

There will definitely be no shortage of silver and copper coins.

Because of the influence of the Ming Dynasty Baochao, not only the ordinary people in the Ming Dynasty had no confidence in the newly issued banknotes, but even the officials also had no confidence. So after they reluctantly got the banknotes, they almost ran to the nearest at a race speed after they were almost racing to the nearest

The bank took all the banknotes in his hand on the counter and exchanged them for silver. As a result, they were very surprised to find that the banknotes in their hand could be exchanged for real money and a lot of money.

However, even so, almost all the banknotes distributed to officials for the first time were exchanged for silver and copper coins. However, some people were determined to exchange them in order to show their loyalty to the court, such as Yan Song and other bank officials.

There are also several ministers in the cabinet, and finally Zhou Chong himself.

Although the first time the money was not very effective as a salary, it also conveyed a message to the outside world, that is, the court kept its word this time, and the money could indeed be exchanged for equivalent silver or copper coins, although they did not

I know how long this policy can last, but at least it is still possible now. In addition, the officials have become more informed. They have learned a lot of internal news from the central bank through their relationship, and they have understood the value of the banknotes more clearly and will no longer have the money.

So repulsive.

It is also because of this that when the officials received the salary full of money for the second time, although most people still chose to exchange it for silver and copper coins, the number of those who did not exchange it increased a lot. Of course, these people

So the failure to exchange is not just to believe in banknotes, but because some famous merchants in Beijing have begun to announce their willingness to collect banknotes. For example, Wanghai Pavilion, the largest restaurant in the city, is the first merchant to publicly announce the collection of banknotes.

Banknotes can be exchanged for silver and copper coins anytime and anywhere, and there are merchants who are willing to collect them, which means that banknotes have credit and circulation value. In addition, banknotes are indeed much more convenient than copper coins and silver, so from the beginning

Only some people use it, and it gradually became popular. Some people in banks began to actively exchange silver and copper coins for banknotes. Of course, some people prefer to use bank notes issued by various banks, but although the bank notes can also be used as

Paper money, but it has certain limitations, especially the face value of silver bills is generally at least one or two taels, which is not as convenient as using banknotes.

It took the bank more than half a year to slowly make banknotes a currency in circulation in the market. However, although banknotes have been recognized, silver and copper coins are also circulated in the market. If silver notes are added, then the Ming Dynasty will

There is a situation where four currencies are parallel. Zhou Zhong is not in a hurry for this situation, because he has set a timetable for the bank to abolish other currencies, among which bank notes are used as bank notes privately issued by each bank, and will be in the

It was banned from circulation after the year and could only be used as a bill for people to save money.

Next is silver. In fact, before the Yuan and Ming dynasties, silver could not be circulated as currency, but a precious metal. Even in the early Ming dynasties, silver was also prohibited from circulation, just private silver.

But trading was never banned. Until the Zhengde period, silver had become a commonly used currency.

However, with banknotes, silver can withdraw from the market circulation. Of course, this will take a long time, otherwise it will likely cause market chaos. Therefore, Zhou Chong felt that it would be very good to be able to ban silver from circulation before he died.

That's right. As for the final copper coins, there is no need to ban them at all, but as a supplement to paper money. Will there be coins in later generations as a supplement to paper money?

Since the banknotes were promoted, the Central Bank of Daming has finally gotten on track, especially after the central bank's accounting census of 14 banks in the first year, the accounts of each bank were very clear, thanks to Zhou Chong's forced

The implementation of Arabic numerals and tables of accounts in banks, so that the accounts are very clear. Although it is still impossible to avoid fraud, it brings great convenience to the account checkers. It used to be checked for several months

The accounts are now checked in just over ten days.

After the accounts were checked, each bank handed over a quarter of this year's income as tax bank to the treasury in accordance with the previous agreement. In addition, during this year, the central bank also protected the fourteen banks in various places in accordance with the agreement.

When officials make things difficult for them, the central bank officials will come to preside over the lawsuit and even bring the lawsuit to the capital. Zhou Chong protects them. These lawsuits will naturally be the bank's victory. After all, the hands of those local officials are extended.

It's really too long.

Seeing that everything in the bank was on track, Zhou Chong's inspection of Yan Song had ended. Putting aside personal ethics, Yan Song was indeed an amazing talent. In just one year, he had absorbed all Zhou Chong's knowledge about banking.

After that, it was applied according to the situation of the Ming Dynasty, and even had new ideas about the functions of the bank. Zhou Chong was very relieved about this, so he finally handed over the position of governor of the central bank to him.
Chapter completed!