Chapter 114 The First Financial Crisis
Zong Ze was a very fair person. He reported Yang Ping's knowledge to the Ministry of Revenue in a very detailed manner. The Ministry of Revenue handed over the report to the cabinet before the second day of the dynasty meeting, and then handed over the cabinet to the emperor.
Zhang Bangchang said: "Your Majesty, Zong Daren said that according to his investigation, 30% of the students gave up on the re-education, and the local students' qualifications in the past two years have only eight more students. This is an extremely rare event in the Song Dynasty."
Zhao Yu asked: "Why didn't the Imperial College report?"
"Reply to Your Majesty, the above is clearly stated. Someone from the Imperial College reported to the state, and the state also sent someone to inquire, but there was no following."
"I'm just surprised. Didn't Ouyang encourage people to read? How could he be charged with the crime of abolishing Song Genji?"
Cai Jing said on the side: "When you come back to your Majesty, Lord Ou values words but not words. The imperial court selects officials to choose literature but not words. I think that although Lord Ou makes some good, he is a little eager to make progress."
"Yeah!" Zhao Yu nodded and asked, "What do you mean?"
"It's better to be replaced by the magistrate of the county magistrate. There is a vacant position in Shouzhou."
"Fifth rank? No, I said that I would not be promoted for three years. If I regret it so quickly, how will the people in the world discuss it?"
Wang Fu said: "Cai Xiang means that Ouyang has to move his seat. The ministers are all from the imperial examinations and are all talking about it now. Master Ou's newspaper is well run, so why not transfer it back to the capital, and Your Majesty can also see the latest news on the same day."
"Well, let me consider it, you guys will give me a note!"
...
The news was dug out by Li Yifeng and sent to Yangping as soon as possible. The people and others were shocked when they heard the news. Mr. Su had a wide range of knowledge and pointed out the secret in one sentence: "Yangping is now a fragrant bun." Now everyone knows that Yangping, the magistrate, will be the fattest one.
Li Yifeng said: "The rumor in the capital is that the magistrate of the state for three years is not as good as a clerk in Yangping."
"They are jealous and jealous." Gan Xin sneered, "I get 100 coins a month, but they can't stand it. They want to get it."
Mr. Su nodded: "The main reason is that the adults are too popular. Now no one knows the name of the adults. They run newspapers, start martial arts, and accept Song Jiang. There are also Yangping Business Association and Yangping Military Factory. The worst thing is that there is no one in the court. And the emperor, of course, hopes that the adults will go to Beijing to concentrate on publishing newspapers, so she naturally cannot ask for it."
Ouyang smiled: "This means, if I stay in Yangping, it will make the court uncomfortable? As long as I change my seat, everyone will be happy?"
"That's what it means. Otherwise, it wouldn't be asked to investigate Yangping like a well-known official like Zong Ze." Mr. Su said: "You have to think of a countermeasure, otherwise Yangping will never have a chance to make a comeback."
Gan Xin said: "It's better to go directly to the emperor and tell her, sir, you don't want to leave."
"The emperor asked: Why don't you want to leave? Is it because Yangping is rich, or because Yangping is gone? Or do you think you are the best in the world?"
"..." Gan Xin was worried, but he really couldn't stand the reason to leave. Now that he was being grabbed by someone in his hands, the emperor would also want to replace him with his post for the purpose of protecting Ouyang. Besides, if he really wanted to leave, the ministers would be involved.
Su Qian, who had not spoken, said, "From my opinion, I can only take a pot of cutting off the firewood."
"Tell me!"
"Just submit your resignation directly." Su Qian signaled that he would say: "First, the emperor agreed to Lord Ou's resignation. Lord Ou can concentrate on exposing Yangping Business Association. This selfish statement, Lord Ou should not mind. Second, the emperor agreed to Lord Ou's resignation and sent someone to take office. We can completely underestimate him and become an invisible magistrate. Different from Liu's four women, I believe that all Yangping will support Lord Ou. Fortunately, Yangping no longer needs the outside world to provide money. We have people, and we have them. Third, the emperor agreed to Lord Ou's resignation, and we will come to Beijing with a hundred thousand people."
Ouyang smiled and said, "Actually, the first thing is not the first. There is a saying that one Yangping person is a dragon, and a group of Yangping people are a group of insects. Two people who are capable always have their own style of doing things. You can withdraw Su Qian, but you must not have two main managers."
Su Qianpei said with admiration: "Sir, I can still laugh."
"Don't you cry?" Ouyang said: "Don't worry, even when we arrive in Lingnan, we still have the opportunity to cooperate. Just think I'm going to explore the southern market."
It is hard for others to say anything, and they can't tell anything else, so everyone can only say goodbye and wait and see. Unexpectedly, this matter spread the next day and immediately became the number one thing on Yangping. Ouyang understood very well that many people were not concerned about their future, but about who the next magistrate was and what kind of style it was. But the people also understood that without Ouyang, the benefits and disadvantages in the past would be reduced.
Ouyang is concerned about the two industries left in Yangping. The first is the newspaper. The newspaper does not depend on the real assets, but on the reporters who are just able to stand alone. The problem in this regard is not big, and the reporters all expressed their willingness to survive and die with the Royal News. Secondly, the military factory, Zhao Yu's first order has been collected. Although the factory is small, it has 800 gunpowder packs sunrise, and it only takes a few days to deliver the order. Now the question is whether the factory can continue to operate, and the second is how large the factory relocation is.
Zhan Ming's recruitment of the Xiang army was delayed because of Cheng Yaojin halfway, and foreign military trade was suspended due to this sudden change. Zhan Ming's gratitude to Ouyang was not something that could be expressed in words. He had been promoted from a constable to a county lieutenant for more than two years and then promoted to a sixth-rank official. He was not good at expressing himself, just saying that he would go wherever Ouyang went, and he didn't care how many ranks he was appointed. Anyway, he was not a local, and Huilan had to move with Ouyang.
In any case, this news brought Yangping a lifelessness. Due to fear and concern about the unknown, the owners were unintentional to manage, workers were unintentional to start work, and the school was unintentional to teach. Even farmers were talking about whether to hoard food. At that time, hoarding had no meaning at all, because no matter what the year was, the yamen would stabilize according to changes in market prices. Grain was harvested in a good year and grain was sold in a poor year. Therefore, the people only had losses but no profit.
Looking at the court again, we are now looking at Yangping. If you want to say this, it is also called "The Man Who Is Righteous, Who Is Righteous". Yangping's performance directly began to affect Tokyo. First, alcohol and textile products, because Yangping's owner refused to order, the prices rose. Rare medicinal materials, minks and other luxury goods have risen due to the suspension of gold trade by the Yangping Business Association. It is expected that pigs, chickens, sheep and other livestock will undergo major changes in the future due to the suspension of supply of Yangping's breeding farms.
Due to the vicious cycle, scattered depositors experienced panic withdrawals. Although Su Qian mobilized a large amount of funds to Yangping to suppress the incident, the bubble was serious after all, and depositors everywhere showed signs of withdrawals, and the surrounding economy was integrated. Yangping Money Bank urgently informed the Ministry of Revenue that the money bank could go bankrupt at any time because of cash without cash, and needed urgent loans from the court. As a monopoly bank in the north, his possible bankruptcy was deeply frightened after sending people to investigate. He immediately submitted a statement to ask the emperor to allow private loans. After reading it, Zhao Yu decided to summon Su Qian himself.
...
"You have to borrow three million kens?" Zhao Yu gasped and asked, "What is this?"
Su Qian understood Zhao Yu's doubts and answered: "Reply to Your Majesty, borrowers can withdraw money at any time and pay more processing fees. However, the loaner's term has not yet reached and the bank has no cash. These three million guan is only the first period, and then I hope the court can borrow five million guan from Yangping Bank within two months. Only in this way can the bank overcome the crisis."
Zhao Yu felt very ridiculous after hearing Su Qian's words: "If you can't do a good business yourself, why should you ask the court to help you?"
"Su Qian is the person in charge of Yangping Money House, and he will definitely lose all his wealth and life. However, as soon as the news of the crisis in Yangping Money House comes out, depositors from all over the country will definitely start to cash out crazy. With Yangping's current financial reserves, there will always be tens of millions of savings and loss of money."
"Is it so serious?"
The Ministry of Revenue Shizhong replied: "It is true. The news has not spread yet. However, money shops and money can be barely cashed out in Shouzhou, Tokyo and other places. Once the news spreads to Zhending Mansion in the north, everyone will ask for cash out. If the money shop has no money supply, it will definitely cause riots."
Zhao Yu locked his eyebrows: "How did this start?"
"..." The Ministry of Revenue and Su Qian looked at each other, and then looked at the emperor together.
"..." Zhao Yu asked in surprise: "Why do you see me like this?"
Su Qian said with a tough head and said, "It's because His Majesty wants to be transferred to Lord Ouyang Ou."
"Just! The transfer of a county magistrate can also cause panic in the whole country." Zhao Yu said a little hideously: "It can be said that Ouyang doesn't want to leave, there is no need to threaten me."
Ministry of Revenue: "It's not Lord Ou's fault. Lord Ou has used various means to appease the people. But... I'll say this. Yangping is a Fu County, and its storage funds are so high that it cannot be compared with Tokyo, but it is almost the same. When I heard that Lord Ou might be transferred, the owners were afraid that the magistrate would later exploit the magistrate and stopped production and sold the market. This is one. The suspension of work in the venue led to a large number of laborers who had no money to make a living and withdraw cash. The owners' raw materials were sold by Yangping Money House in another place. Their suspension of production led to the original
The material is supplied to the seller to withdraw cash. The withdrawal of such a large-scale withdrawal has also aggravated the fear after the people learned about it. In addition, Lord Ou is about to leave office, the people generally believe that it is appropriate to keep money at home for peace of mind. Such a vicious cycle has led to the withdrawal of 90% of the depositors in Yangping Money House's main store within four days. Yangping Money House is unable to provide it and mobilizes money from Shouzhou, near Tokyo and other places. As soon as the news came out, rumors spread, which led to the current great turmoil. Your Majesty looked at Tokyo, and the withdrawals were lined up from the street to the end of the street, which was five miles long."
"..." Zhao Yu didn't say anything.
"As Lord Ou is about to leave office, the owners stopped production and sold factories, and the construction of Yangping New City has been paralyzed, and foreign investors are in tears. In a word, Yangping is now dealing with the things at hand. They think that only if it is exchanged for cash is safe. Also, because of this idea, some profiteers are still hoarding materials. Your Majesty sees that there were originally three chicken farms for supplying Tokyo, but now two were suspended and one was half started. Since chickens in other prefectures and counties are still scattered and the cost is very high, the price of chickens in Tokyo is now doubled. There is also a wachang, which was squeezed out or swallowed up the wa kilns near Tokyo due to the large supply of the wachang. Now the owners took out cash. The auction site was expensive, which was more expensive than silk and satin."
Chapter completed!