Chapter 263(1/3)
The old party is gone, and the nobles are worried
In the past few days, several major events that shocked the government and the country have occurred one after another.
First of all, the Supreme Emperor and the Queen Mother fell ill.
Emperor Invesco has been wearing clothes these days.
In addition to attending court, I spent most of my time with Yuanchun to serve my bedside.
Show the kindness and filial piety that should be.
Secondly, it is the old minister Zhao Shunjun, Minister of the Ministry of Revenue.
The pillar of the old party of a generation quietly entered the pavilion.
Anyone with a discerning eye can see that he has completely turned to Emperor Invesco.
This also means that the old party of the Great Wei Dynasty has completely collapsed from then on.
There are no more people holding the tripod.
Some people say that it was Zhao Shunjun who turned to Emperor Investon that the Supreme Emperor would fall ill after being angry.
Feng Yibo has no way of knowing what the real situation is.
What he is concerned about is also different from these people.
Because these two things are major events at the earthquake level for other officials.
Every day, all the ministers talked about two things, thinking that it might be a complete change of time.
But Feng Yibo believes that the most heavyweight news is the last one.
That is, after Zhao Shunjun entered the cabinet, Fei Hong, the cabinet minister, retired and returned home.
Among these three things, Feng Yibo felt that this is the only thing that really has far-reaching influence.
The first thing is that the Supreme Emperor is getting older and already living a simple life.
Not to mention falling ill, even if he disappeared suddenly, Feng Yibo didn't think there was anything strange about it.
The second thing is that the old party was already surviving, and it was only a matter of time before it disappeared from the court.
Previously, Emperor Atlanta and Zhang Songyue left a few, which was considered to be a way to leave some decentness for the Supreme Emperor.
And the third thing seems to be understatement.
Feng Yibo felt that this was really a major event that affected the policies of the Great Wei.
Fei Hong was born in the Fei family of Qianshan and has gone through three dynasties but has not fallen.
It is because he is the best at economics.
I won’t say anything else, I will only talk about the bills of exchange that passes through the Great Wei Dynasty.
It was from this big guy.
During the reign of Emperor Tiantai, he became the Minister of Revenue based on his ability.
He held the wealth of the Great Wei Dynasty.
At that time, the Great Wei Dynasty not only had great financial pressure, but also had money among the people.
Fei Hong made a quick decision and insisted on issuing bills of exchange.
Not only has it alleviated the financial pressure, but it also has the problem of money panic.
At the same time, it also promotes trade between the north and the south, making bulk business more convenient.
Even, it almost solved the problem of excessive consumption of silver and fire at one point.
The reason why it is a near situation is not that there is any problem with the bill of exchange.
It is because various departments of the Great Wei Dynasty resisted under various excuses.
As a result, the current market is still mainly used.
On the contrary, the merchants who traded largely praised this.
Slowly penetrate into the north and south.
The reason why it was recognized by merchants was that Fei Hong was very restrained in issuing bills of exchange.
The total amount of bills of exchange per year is about the same amount of taxes.
This is equivalent to using the taxes of the entire Wei Dynasty as the deposit.
To ensure that the value of the bill of exchange will not shrink.
The paper and ink for bills are also specially made by Keshan Fei.
At the level of this era, some unique secret recipes were added.
It's hard to imitate the exact same one.
This also gives bills of exchange a certain anti-counterfeiting function.
The most important thing is to exchange bills for cash.
It can be easily achieved by simply being a money house under the Ministry of Revenue of Nanjing.
Because only these two places can be exchanged, the reserved cash is also sufficient.
Most of the time, you don’t need to make an appointment in advance.
Of course, some handling fees are still required.
For bulk transactions, it is acceptable to pay some handling fees in exchange for greater convenience.
The fire consumption is much smaller than the back and forth transportation.
Of course, the boycotts of various departments of the Great Wei Dynasty were also related to fire consumption.
However, it was Fei Hong's years of careful management.
The bill of exchange was centered on the capital Zhonghe Jinling, and gradually radiated to the entire Wei Dynasty.
It can even be seen overseas.
By the time of Emperor Invesco, bills of exchange were used more and more frequently.
It is not limited to bulk transactions, but penetrates into all walks of life.
Before, Feng Yibo particularly liked using bills of exchange.
The premise of being liked is trust.
This simple financial system can maintain stability.
What we rely on is Fei Hong's usual stability.
Now, those who created this system are about to retire and return home.
Feng Yibo naturally felt vaguely worried about the future value of bills of exchange.
What he fears most is that the person he takes over is spending money because he lacks money.
In particular, the current Great Wei treasury is not abundant.
If someone without financial knowledge takes over.
Or even though they know the consequences, they can only choose to drink poison to quench their thirst.
That will inevitably lead to the explosion of this simple financial system.
I'm afraid I'll face a run next.
If you can't handle it, the bill of exchange may lose its credit.
The most terrible consequence is that bills of exchange turn into worthless waste paper.
In fact, a few days ago, news came out of the court that Zhao Shunjun turned to Emperor Investon.
Feng Yibo's first reaction when he heard this news was what the price Emperor Invesco paid to recruit him.
Zhao Shunjun had already been appointed as the Minister of Revenue and could recruit him.
The only option to enter the cabinet is left.
When Zhao Shunjun entered the pavilion, the biggest possibility was to replace Fei Hong.
After all, the two of them have repetitive functions, and they are both from the Ministry of Revenue.
What's more, Fei Hong had long been willing to retire and had submitted memorials to file a request for retirement many times.
As long as Emperor Invesco goes with the flow, it will be natural for Zhao Shunjun to take office.
Things are indeed not surprising, and are moving towards the direction that Feng Yibo is worried about.
Next, it depends on whether Zhao Shunjun is cautious about bills of exchange.
In addition to this reason, Feng Yibo must make the worst plan...
There is another important reason why he asked Donghai County to abandon bills of exchange.
To be continued...