Chapter 244 The Beginning of the Song and Jin Currency War
Wanyan Wu begged to buy and said: "But the technology of making coins in the Song Dynasty is now top-notch. I am worried when I say that the copper coins of the Song Dynasty are exhausted."
Wanyan Zongqian said: "In the past, money from the Song Dynasty flowed into the Liao Kingdom, Goryeo, and Xixia, causing money shortages in many places in the Song Dynasty. Later, Cai Jing minted large amounts of money, causing rising prices among the people."
"The reason Zong Wang mentioned that the copper coins in the Song Dynasty were exhausted was because of the massive sales of goods to the northern part of the Song Dynasty, which caused the copper coins to flow into our dynasty, resulting in the shortage of copper coins in some areas of the Song Dynasty, weakening the commerce and trade in the northern Song Dynasty, and making it impossible for military supplies to circulate normally."
"If this is the case, the Song court must find ways to mint more copper coins, but how can the copper coin casting keep up with the flow? This will definitely cause chaos in local commerce and increase the internal losses of the Song Dynasty."
Wanyan Wu Qimai couldn't help but nod after hearing this.
Even Wanyan Gao and Wanyan Zonghan nodded in agreement.
When people mention the Song Dynasty, they will think of civil servants, scholar-bureaucrats, suppressing military generals, and weakening the Song Dynasty.
But in fact, compared with the financial situation of the two Song Dynasties, these can only be considered trivial.
The demise of the Northern Song Dynasty was an accident, and the demise of the Southern Song Dynasty was apparently due to defeat by the Mongols.
But in fact, in the late Southern Song Dynasty, not only the central finance collapsed, but also the local finance and economy were in a mess, the army could not pay out money, and the people's livelihood was miserable.
In this case, let alone whether the army has combat effectiveness, even the most basic supplies cannot be guaranteed. How can we fight the Mongols?
The situation is that many places are waiting for the wind to fall.
So the Southern Song Dynasty was really defeated by Mongolia due to its financial collapse.
The loss of copper coins lasted throughout the two Song Dynasties.
For example, in November of the eighth year of Zhenzong Dazhong Xiangfu, the Song monarchs and ministers discussed the price of silver and said this: In addition, the two vassals (Liao and Xixia) have been trading in the South China Sea for many years, and what they have gone has never returned.
During the Shenzong period, Shen Kuo analyzed the cause of the money shortage at that time. The original words are as follows: "All barbarians admire the copper coins of China (Song Dynasty). Those who leave the Great Wall at the end of the year will not pay (zi). The debaters want to discuss the salt in Hebei, and the salt is important.
The foreign salt day is coming, and China's money is based on China's practice. Such a comparison shows that China's money is as old as those in the north."
All this shows that since the Zhenzong period of the Northern Song Dynasty, a large amount of copper coins have flowed out of the Song Dynasty, so that the issue of copper coins loss was frequently discussed among the monarchs and ministers.
Therefore, a qualified monarch does not just play with balance.
Governing a country must involve multiple levels. If you don't understand it and the enemy country understands it, you will be played to death by the enemy country in minutes.
In the past, the copper coins of the Song Dynasty mainly flowed into the Liao Kingdom and Xixia, and some went to Goryeo. Later, many of them also flowed to Japan, and a lot of them went to Southeast Asia.
There are even historical records that some of them flowed into India and Africa, but the number is not large.
Copper coins of the Song Dynasty were the hard currency in the world in the 12th century. They were exquisitely made and had acceptable copper content.
And the purchasing power overseas is several times, even ten times higher than at home.
This caused many Song people to like to buy foreign things, further aggravating the outflow of copper coins.
And as Wanyan Zongqian said, the speed of casting copper coins is limited, and the Song Dynasty court could not know exactly where the copper coins were missing, or even if it knew, it could not disperse the money at specific points.
This is a type of ancient currency war.
During the Southern Song Dynasty, the Jin State wanted to force the Southern Song Dynasty to unwind border trade, and what they wanted was Song Dynasty copper coins.
Wanyan Wu asked Wanyan Gao, "I know Banbo Jilie, what do you think?"
"I agree with Zong Wang's idea." Wanyan Gao said.
Wanyan Gao's wording was very strict. He emphasized that this was Zong Wang's idea, not Zong's doing.
Obviously, Wanyan Gao and Wanyan Zongqian were fighting each other openly and covertly.
Wanyan Gao said: "The people of our dynasty are also very short of money. If the copper coins of the Song Dynasty can flow into our dynasty in large quantities, it will be of great benefit to our dynasty."
Wanyan Wu asked for help, "But what if the Song Dynasty banned border trade?"
Wanyan Zongqian said: "Your Majesty, I think it is time to negotiate peace with the Song Dynasty at this time."
As soon as he said these words, the surrounding people were quite calm. If it were the same as before, there would definitely be a quarrel.
The situation is different now.
"How to negotiate peace?"
"First, force the Song Dynasty to pay annual coins and serve our dynasty like they served the Liao Dynasty; second, force the monarchs and ministers of the Song Dynasty to open border trade and communicate with our dynasty."
"Will the kings and ministers of Song Dynasty agree?"
"If they don't agree, our country will send troops to the border every year to force them to agree."
Wanyan Zonghan said: "One more thing to force the Song Emperor to become a minister!"
No one refuted.
Everyone discussed the details again.
At the end of the discussion, Wanyan Zongqian suddenly said: "Your Majesty, I have one more thing."
"What's the matter?"
"Wushu must be punished for this defeat in the southward march."
"Well, you're right. I know Banbo will make arrangements for this matter."
Wanyan Wu Qimai nodded.
There are two meanings in what he said.
Firstly, Wushu will definitely be punished. Secondly, Wushu is a person who is familiar with Banbo’s fierceness. Just give him a face and let him punish him.
Wushu is the main fighting faction, which is interesting.
Wanyan Zongqian added: "I still think that Zong Pan should be rewarded. He has always been opposed to going south and has written many memorials stating the need for peace talks."
"How to reward?"
"It's all up to His Majesty's arrangement."
Wanyan Gao and Wanyan Zonghan didn't say anything, although they knew that Wanyan Zongqian deliberately took the opportunity to promote Wanyan Zongpan.
"Then grant him the power of Zuo Bo Ji Lie."
At this point, Wanyan Zongpan, the biggest peacemaker in the Jin Kingdom, has entered the decision-making level of the Jin Kingdom.
It can be said that the Fourth War between Song and Jin had a profound impact on the Jin Dynasty.
Wanyan Zonghan's power and prestige were greatly weakened, and the Zhuhe faction came to power.
Zong Wang, who has been committed to rectifying the internal affairs, has more prestige than Zong Han.
The current situation has changed far more than this.
On October 20, the day after the high-level meeting of the Jin Kingdom, Wanyan Loushi, the most capable general of the Jin Kingdom, died of illness.
Wanyan Loushi learned that her son Wanyan Huonv had been killed by the Song army, and his condition worsened, and he finally died on this day.
The news reached Wanyan Wu's ears, and Wanyan Wu was very sad for a while.
The Kingdom of Jin immediately held a national funeral to commemorate their "God of War."
The death of Wanyan Loushi seemed to tell the top brass within the Jin Kingdom that the famous generals who founded the country with Taizu were all old.
At the end of October, the cold wind blew through the sycamore trees beside the Bian River, and the withered yellow leaves were dancing in the air.
This year's cold winter is different from the cold winters in the past.
In the cold winter of the past few years, the Song Dynasty was shrouded in the shadow of the Jin Kingdom's iron hoof.
This year, since the news of the great victories in Xuzhou and Dongping, people's fear of the Jin people has dissipated somewhat.
At least he's not as talkative as before.
On December 23, Zhao Ning received the latest military report from Yue Fei and learned that Jin Wushu had not been pursued.
If you haven't caught up, you haven't caught up. With the current situation of the Song Dynasty, it is unrealistic to launch a large-scale annihilation war against the Jin Kingdom.
He issued an edict to Yue Fei, asking Yue Fei to return to the court as soon as possible without having to commemorate him on Hebei East Road.
Come back and quickly continue training the Guards Brigade.
Chapter completed!