"One Mo is one hundred people, but Mo and Mo are different."

"Everywhere is the same as how many documents there are, and each place has its own rules. When doing business, you must pay attention to this issue, otherwise you will suffer losses."

In his private life, Hua Jun, a Xiangzhou businessman who lives in Jiankang, talked with several fellow villagers who visited and talked about the definition of "mo" in various places.

The reason for mentioning this topic is that the court is about to issue new coins, including the five-zhu coins "Tai'an Wuzhu" and the straight hundred-yuan coins "Tai'an Tongbao".

Tai'an Tongbao weighs 15 zhu, which is worth three months, but the face value is Yimo (one hundred months).

It is obvious that Tai'an Tongbao is a "big money". According to the results of the issuance of large money by the courts of all dynasties, this kind of money will soon depreciate.

However, this time it is different because Pengcheng Gong strongly advocated issuance.

Given the increasing reputation of Pengcheng Gong, many people, although they were confused, were thinking of waiting and seeing how long they could "live" after the release of Tai'an Tongbao.

Huajun, who lived in Jiankang for two or three years and made a fortune by "fighting" in the trading market, was quite confident in Tai'an Tongbao.

And share my views with several fellow villagers who have just arrived in Jiankang.

The face value of Tai'an Tongbao is Yimo, that is, one hundred people, so why is it set as this face value?

Hua Jun believes that the imperial court (Pengcheng Gong) wanted to solve a problem: short-and-move transactions.

What is short-term trading?

Short Mo means less than a hundred documents but is used as a hundred documents, and a convention is formed. Then the transaction based on this convention is short Mo transaction.

Every place has its own rules for how many documents are equal to, and over time it has its own rules.

Taking Liang State as an example, from east of Jiangzhou, eighty folks are a road, called "Dongqian".

Jiangzhou, west of Yingzhou, is named "Xiqian".

In Jiankang, the capital, it was named "Chang Qian".

Anyway, there are always a few dozen or twenty papers missing, collectively called "Short Mo".

Although the court once ordered that hundreds of documents were a "four miles" and that the transaction must be executed, otherwise it would be severely punished, but no one should pay attention to it, so it was left unresolved.

This is because of the shortage of money.

The reason for the shortage of money is firstly that there is too little good money in circulation, and secondly, that there is a flood of various types of bad money.

In particular, the imperial court issued iron coins on a large scale, and ignored private minting, which further deteriorated the currency system.

It forces localities to form a convention of how many documents are equal to one another based on the ratio of good money and bad money.

This leads to the fact that "mo" changes from a real number (one hundred liters is a mo) to an imaginary number (less than one hundred liters are a hundred liters).

Moreover, when trading bulk goods, money is calculated in a cart at a time. At this time, few people will count the copper coins on this car. Is every silo a thousand documents and every street a hundred documents?

So someone secretly took out some copper coins from Yi Guan and Yi Dao to take advantage of it.

Over time, the convention of short-distance has been formed.

Now, when trading large amounts of money, no one cares whether Yiguan money has a thousand quotas, or whether Yimo has a hundred quotas, and directly uses the insufficient number of Guan and Mo as a name for counting.

Due to the transaction volume, many merchants only focus on how much "mo" or how much "money" is, rather than how much literature is.

Now, the court wants to rectify the currency system, and the confidence is to formally mine the Le'an copper mine, but to solve the short-form problem, we must first define "mo".

It is useless to rely on just one official document to make provision. The definition of the foreign country has become a convention in various places. Short-term transactions have been around for a long time and cannot be reversed by just a few official documents.

Therefore, the imperial court issued the "Tai'an Tongbao" and directly redefined Mo: One Mo is equal to one "Tai'an Tongbao".

One Tai'an Tongbao is equal to one hundred Tai'an Wuzhu.

This definition directly circulates the disadvantages brought about by the convention of short-distance trading.

"However, ordinary people will not recognize this one for 100 coins, they only recognize the five-zhu coins." Someone expressed his opinion and then added: "A copper coin is a penny, and at most it is only worth one penny, and they only recognize this."

Hua Jun agreed: "That's right, no matter how nice the government says it, the people only recognize Wuzhu coins and think that a copper coins are just a penny."

Then the topic changed: "However, Tai'an Tongbao was not intended to be used by ordinary people, but used it for merchants, and they were called deer and horses."

Everyone was puzzled: "How do you say this?"

Hua Jun picked up a five-bah coin and regarded it as Tai'an Tongbao: "It's very simple. The imperial court issued such a straight 100-yuan coins, which can only guarantee that when used in the trading market, the money is really worth one hundred yuan."

"The purpose on the surface is to facilitate the remedy when merchants settle in the trading market. In fact, it is to force merchants in the market to sit and admit that the face value of Tai'an Tongbao is 100 yuan."

Everyone became more and more surprised: "Then what's the use? Only in the trading market, everyone will pinch their noses and recognize that when they leave the market, they will definitely exchange this 100 yuan at the exchange site for Tai'an Wuzhu."

Hua Jun threw the Wuzhu coins in his hand, then caught them, and smiled:

"The General Taxation Department and the local tax authorities, the trading market under its jurisdiction, now points to a deer, says it is a horse, and lets a well-funded merchant provide credit guarantees."

"It doesn't matter if you don't agree with this statement. Anyway, only Tai'an Tongbao and Tai'an Wuzhu are allowed to be circulated in the trading market."

"Businesses who are unwilling to participate in Tai'an Tongbao Credit Guarantee will no longer have the opportunity to get a new financial path."

Hua Jun paused for a moment and said, "You must want to know what the new way of wealth is. I'll ask one thing first."

"If, in the future, we will leave our hometown and go to Huaibei to do business, and in Linxiang, we will place the money at a merchant in the tax customs trading market of the Taxation Bureau, for example, ten thousand guan."

"In proportion, maybe one ten is to pay one in ten, and after paying the extra fee, take the certificate issued by the merchant, which says 10,000 yuan in good money, and then set off."

"When you arrive in Hanshan, Xuzhou, Huaibei, use this certificate to fully cash out 10,000 guan of good money at the merchant's semi-colon office or the tax customs exchange office in the Hanshan Tax Customs Trading Market. Do you think it is inconvenient?"

This is a question, of course it is convenient!

It is easy to understand the truth. Because traveling with tens of thousands of coins, you have to load up the money by several large ships. It is troublesome and dangerous to travel a long distance.

If you can exchange the money for a thin piece of paper and carry it closely, it will be very safe along the way.

Because no one would have thought that several travelers could be "popular".

"The new way of wealth is called 'popular'."

Hua Jun snapped his fingers: "The General Taxation Department takes the lead and takes the trading market of local tax bureaus and tax customs as the venue to organize large merchants with strong funds and good reputations, jointly operate, jointly guarantee, and implement off-site deposit and withdrawal of copper coins."

"Other place deposit and withdrawal business?" The visitors were excited. They came today to inquire about a major event that had been circulating in the city recently.

Hua Jun nodded: "Distribution and withdrawal in another place are the examples I just gave."

As he spoke, he was furious and furious: "The General Taxation Department jointly carried out this business in the Taxation Offices of Jiankang, Guangling, Huaiyin, Hanshan, Gongcheng, Poyang and Xiakou."

"The credit deposits and withdrawals are guaranteed by merchants with strong funds and good reputations in the trading markets of the Taxation Department and the Taxation Department, and these merchants are also involved in the business."

"To ensure that any off-site deposit and withdrawal business can withdraw sufficient good money at the destination. Of course, if you want to enjoy this convenience, you have to spend money, that is, the handling fee."

The three words "have to spend money" made the guests present lit up: Once this kind of deposit and withdrawal business is carried out, it will inevitably form a river composed of copper coins.

Then, merchants involved in the business of foreign deposits and withdrawals are like scooping water by rivers every day, and it is not an exaggeration to say that they are making money every day.

Therefore, the court said that Tai'an Tongbao is worth 100 ci in the trading market. No problem, even if it is worth 1,000 ci, we all admit it!

Huajun also added: "The merchants involved in the business of off-site deposits and withdrawals must be wealthy merchants or large-scale investors, temples, and they must lend money on a large scale on weekdays, so..."

"Then, these merchants must also recognize the face value of Tai'an Tongbao when lending money on weekdays. If those who owe debts, they must not refuse to pay the money with Tai'an Tongbao."

"In addition, we must also bear the obligation to exchange Tai'an Tongbao by the people, and make a move and publicly advertise it."

"In other words, if you want to cooperate with the General Taxation Department and local tax division agencies to make a lot of money, you have to help the General Taxation Department and the various tax division agencies to guarantee the credit of Tai'an Tongbao!"

Hua Jun became more and more excited: "The credit of the imperial court is very poor, but the general tax department is an exception. In addition, the credit guarantees of wealthy merchants, big households, and temples from all over the country, I think the credit of Tai'an Tongbao will be established soon."

As I listened, someone became confused: "Isn't the General Taxation Department responsible for collecting taxes? Why did you take charge of coins?"

Hua Jun smiled and said, "Cashing tax means collecting money. In order to better collect taxes, isn't it natural for the general tax department to manage coins?"

"You must know that when the emperor settles in Huaiyin, a large number of powerful and civil and military officials will gather around the surrounding area. The funds required for daily expenses must be transferred from Jiankang and other places. By then, the off-site storage business will inevitably be extremely popular."

"This is a mountain of gold, who doesn't want to share the benefits? For the sake of money, I pinch my nose and give a credit guarantee of Tai'an Tongbao, such as 100 yuan, what's the difficulty?"

"It's not embarrassing to make money."
Chapter completed!