Zhao Guanjia said: "Song and Jin are negotiating peace, and the forum is about to be opened. How do you think this should be done?"

Yu Yunwen said: "I have been in Zhending Mansion for more than half a year, and I have indeed gotten to know some of him among the people."

"Tell me."

"What the Jin people lack most is tea and silk, and those who usually buy them are Jin nobles and landlords and squires." Yu Yunwen said, "But after all, it is illegal, the quantity is limited, and the price is extremely expensive."

Zhao Guanjia asked: "Where is the currency? What currency did the Jin people use to pay?"

"There are copper coins, and there are also banknotes."

"The gold man pays with banknotes?"

"That's right, now most of Hebei Province has used Jiaobao. People in the Song Dynasty accepted Jiaobao. When Jin people purchased our products, they would naturally use Jiaobao. After all, Jiaobao is better for transportation and better statistics."

Zhao Ning was overjoyed. He originally thought that the Jin people were unwilling to pay the money.

Unexpectedly, it is still in the smuggling stage, but it has already started to be used.

This shows that the powerful economy of the Song Dynasty played a leading role in the trade of the Song and Jin Dynasties.

Yu Yunwen continued: "But there is basically no need to pay money in the Jin Kingdom. They are worried that if it is damaged, it will be worthless."

"I need money from Jinren now. Is there anything you can do?"

"In order for the Jin people to use the handover banknotes, we must meet the needs of the gold people to exchange the handover banknotes and copper coins at the same value, and the damaged handover banknotes can be exchanged for new handover banknotes." Yu Yunwen said, "Only when these two points are met, the gold people are willing to

Just hand over the money."

Zhao Ning said: "Both of the two things you mentioned need to be done by the bank."

"As His Majesty said, there are no banks in the Kingdom of Jin, so it is impossible for all the Jin people to pay banknotes." Yu Yunwen said, "But the Jin people to pay banknotes are of great benefit to us. If we want to persuade the Jin people to use banknotes in the country,

To pay the money, we must convince the gold people to open a bank in the country."

Gao Qiu took over the words: "But the banknotes were printed by the Song Dynasty. If banks were opened in the Jin Kingdom, wouldn't the Jin Kingdom also print the banknotes?"

Gao Qiu suddenly remembered the example of Xixia and said: "How about persuading the Kingdom of Jin to follow Xixia's example and let the Kingdom of Jin set up a bank in their country?"

Yu Yunwen went on to say: "The situations of the Jin Kingdom and Xixia may not be the same."

Gao Qiu asked: "What's the difference?"

"When the Xixia people do business with us in Huizhou, the Xixia government usually sends people over, and all the money flowing out goes into the hands of the Xixia government, which then forcibly exchanges the money in their hands for the Xixia people."

"The Kingdom of Jin can do the same."

"The Kingdom of Jin is more powerful than Xixia, with a larger population and wider land. It is impossible for the Kingdom of Jin to stipulate that handover banknotes are legal tender like Xixia did. They cannot force the people of Jin Kingdom to exchange their copper coins for handover banknotes. He also does

Less than."

Gao Qiu thought about it and found that this seemed to be the case.

Gao Qiu's professional ability did not lie in the art of governing the country. Hearing what Yu Yunwen said, his mind was a little unable to keep up, so he stopped talking.

Yu Yunwen continued: "With the national strength of the Jin Kingdom, once they discover the beauty of banknotes, they will probably print their own banknotes instead of using our banknotes."

Zhao Ning said: "Yes, according to the national strength of the Jin Kingdom, they will print their own banknotes sooner or later."

Gao Qiu interrupted again and said: "If this is the case, it is impossible for the Jin Kingdom to use handover banknotes, because once the Song Dynasty and Jin Dynasty go to war, no one will want the Song Dynasty handover banknotes in the Jin Kingdom. The people of the Jin Kingdom are afraid of this.

I don’t want to use it.”

Yu Yunwen said: "What Gao Taiwei said is true. The war between Song and Jin Dynasties was the biggest stumbling block to the popularization of banknotes in the Song Dynasty among the Jin people."

Zhao Ning began to think deeply, because he would attack Linzhou and Fugu next year.

Once the war starts, the implementation of banknote transfer into the Jin Kingdom will inevitably be blocked, but...

Yu Yunwen said: "But..."

Gao Qiu asked: "But what?"

Yu Yunwen said: "But as long as we in the Song Dynasty can win steadily, it will not threaten the stability of the border trade market between Song and Jin. People from the Jin Dynasty can still go to the market to trade at any time, and there will be no large depreciation of the currency notes."

"I understand, as long as we can win, the payment will be stable." Gao Qiu said.

"Yes." Yu Yunwen continued, "But there is a prerequisite."

Zhao Guanjia took over the words: "We, the Song Dynasty, must continuously provide a large amount of cheap goods to the Jin Kingdom, and we can only pay the settlement in banknotes so that the Jin people are willing to use them and continue to use them. Even if the Jin Dynasty explicitly prohibits it, it will be difficult."

"As His Majesty said, we must win the war, and we must have enough goods delivered."

Zhao Guanjia added: "The Jin people also have handicraft workshops and produce goods, so our goods must be cheaper."

"Your Majesty is Holy Ming."

Zhao Ning said: "It's simple. If I remember correctly, the state-owned trading companies under Taifu Temple now use assembly lines and contract restructuring to operate, which is more efficient, workers are more motivated, and costs are lower. A housewife, in the past

We spin 20 pieces of cloth every year, but now the state-owned trading companies have established raw material integration and factory division of labor. A female worker can weave 40 pieces of cloth a year. If I remember correctly, the textile machine newly developed by the Gewu Institute, based on the assembly line, can weave 40 pieces of cloth a year.

We can weave 60 pieces of cloth a year, three times more than in the past! The price of the same piece of cloth in the Song Dynasty may be one-third of that in the Jin Dynasty."

Yu Yunwen said: "Yes, Your Majesty, I have also investigated this, and it is indeed close to one-third. However, transporting it from the Song Dynasty to the Jin Kingdom and then selling it is probably the same as in the Song Dynasty."

The price is too high unless the transportation costs can be saved.”

Zhao Ning smiled and said: "Yu Qing can go and inspect Tokyo Post."

Yu Yunwen was stunned for a moment, and then said: "To be honest with your Majesty, I saw him next to the Agricultural Bank of China before entering the palace, but I still don't know what Tokyo Post is."

Zhao Ning began to settle accounts again. He said: "In the past, the total cost of transporting 1,000 pieces of cloth to the border might have been as high as 700 pieces."

After all, they are being transported to the border, and those who are willing to accept this kind of work are not afraid of death.

However, if you buy it, you will make a huge profit.

"But let me tell you, now Tokyo Post transports 100,000 pieces of cloth, it is also 700 pieces, or even cheaper, because there are dedicated transportation personnel, these people can stop and rest at the government post station."

Zhao Ning added: "The profit here comes from the fact that in the past, most of the sales were sporadic. A merchant would transport 1,000 horses, or 2,000 horses, and a maximum of 5,000 horses was the limit. This upper limit did not lie with the transportation personnel, but with a single merchant.

Most of the time, you can only get so much goods because the quantity of goods is limited.”

"And Taifuji's workshops are now in operation in large numbers, and there are as many as you need. This is the source of profit! Moreover, the people at Tokyo Post are all retired from the local army, and they are more elite than ordinary transportation teams."

"With this set of rules, the Kingdom of Korea is fully capable of fighting a currency and economic war with the Kingdom of Jin in business and trade!"

Although according to the consumption level of the Jin Kingdom in the 12th century, it was definitely impossible to reach the point of dumping.

However, as long as I am cheaper than you, I will definitely have an advantage.

This logic actually applies to trade with Southeast Asia and even trade with the Arabs.
Chapter completed!