In the fifth year of the Apocalypse, the changes in Northern Zhili were absolutely amazing. After several years of continuous construction, the water conservancy facilities in Northern Zhili have become very complete.&1t;/p>

At the same time, the infrastructure of the towns in northern Zhili has also been improved. Whether it is urban drainage, public health, or civilian living facilities, they have been improved with amazing levels under the construction of the imperial court.&1t;/p>

A more huge change is the rise of a large number of industries. Steel is undoubtedly the pillar of the economy, and the steel manufacturing and machinery manufacturing that extends the steel industry have made a leap forward.&1t;/p>

The heavy industry in Northern Zhili has completely risen, so that the steel smelting and steel manufacturing industries in other provinces of the Ming Dynasty in the fifth year of the Age of Revelation further shrank.&1t;/p>

A large amount of cheap steel has greatly driven the productivity of all walks of life.&1t;/p>

In terms of light industry, Beizhili has also performed well, especially in the textile industry. Under the protection of trade barriers in the new policy areas, the textile industry is getting bigger and bigger.&1t;/p>

Today, Beizhili has a population of nearly 20 million in the fifth year of the revelation. In addition to the population of the Northeast region, Taiwan and Luzon region, the "internal market" of the textile industry in Beizhili has a population of nearly 30 million.&1t;/p>

At the same time, Mongolia, Shaanxi, Shanxi, Shandong, Henan and other places are also the advantageous markets of the textile industry in Beizhili. Songjiangfu's textile industry has no cost advantage than Beizhili textile industry in terms of cost.&1t;/p>

Especially after the machinery manufacturing factory developed the first water conservancy textile machinery, various textile machinery began to emerge like bamboo shoots after a rain.&1t;/p>

The reason why we have such a quick ability is mainly because the official exemption from encouragement, and the scale of the Royal Academy of Sciences continues to expand.&1t;/p>

The first batch of talents with science knowledge have been cultivated in mechanical research. With the support of official funds, these talents have invested a lot of energy in agricultural machinery and textile machinery for research.&1t;/p>

However, the steam engine is the most important project in mechanical research, and the research degree is also gratifying. Various devices are constantly improving. The performance of the steam engine is constantly improving. It may take less than a few years to develop a steam engine that can be used on a large scale.&1t;/p>

Because of the protection of trade barriers, the light industry in Beizhili has developed not only in the textile industry, but also in other light industry fields.&1t;/p>

In addition to the support of the internal market, the northern market is also an important support. Many products have even entered the southern market. At the same time, the share of overseas markets has become increasingly larger.&1t;/p>

The northern Zhili population has a population of 20 million, and the employment rate is very good now. At the same time, the grain supply in Zhili is stable, and a large amount of fishery products have begun to be transported back to the local area in Zhendong Province, providing cheap protein food. The cultivation of sweet potatoes, potatoes and corn has also provided great supplements in terms of grain.&1t;/p>

Because of the good employment environment of the people, people's livelihood has improved significantly. In addition, the court has been constantly rectifying the administration of officials and improving social security measures in recent years, so it has been a long time since Beizhili starved to death. Now it is basically impossible for Beizhili to starve to death. If you don't have food, you can go to the Civil Affairs Bureau! The Civil Affairs Bureau always has a meal.&1t;/p>

While the economy and people's livelihood have been developed, the social atmosphere has also successfully suppressed the bad atmosphere with the crackdown on the five years of the Apocalypse and the introduction of the civil honor system.&1t;/p>

At the same time, the provincial and government courts were established and began to review unjust and wrong cases. After the establishment of the Public Security Bureau, the maintenance of public security in various places and the construction of township administrative systems also greatly enhanced the court's ability to control the local area.&1t;/p>

Those powerful people have fewer and fewer opportunities to openly oppress the people, which has made the people of Northern Zhili truly feel what it means to have great governance.&1t;/p>

Zhu Youxiao was very happy when he looked at various reports at the end of the year.&1t;/p>

"This year, the total commercial taxes and personal income tax in Beizhili combined. It reached 430,000 yuan. In addition, the salt taxes of each province also added 150,000 yuan in fiscal revenue. The seigniorage tax decreased significantly, with only 180,000 yuan in income this year, of which more than 50,000 yuan was the income from copper coins. The customs tax reached 120,000 yuan, and the agricultural taxes of each province increased to 310,000 yuan, of which only the agricultural taxes in Beizhili and Liaodong areas increased, while the agricultural taxes in other provinces were still declining."&1t;/p>

Guo Yunhou, the Minister of Revenue, summarized it happily and said: "Over the whole year, the fiscal revenue in terms of taxation reached 119 million yuan. In addition, the government's assets were sold, and the income was 230,000 yuan. The silver income of 120,000 yuan was seized by Luzon, totaling 154 million yuan. Currently, the national treasury has 830,000 yuan in cash."&1t;/p>

"It seems that the budget for next year is finally more abundant, but there are still too many places to spend money. My dear friends think, what else can be opened next year?" Zhu Youchao asked the ministers.&1t;/p>

"Report to Your Majesty, the salt tax can still be increased. First, although the price of official salt is low, it still does not fully cover the entire Ming Dynasty. At the same time, there is still a lot of private salt in many provinces. Not to mention the private salt in Fujian, Sichuan and other provinces, even the private salt in Nanzhili remains. Next year, the imperial court can strengthen anti-smuggling efforts and vigorously crack down on private salt across the country. At the same time, roads can be built so that official salt can be transported to some provinces with inconvenient transportation and continue to expand the economy to improve the purchasing power of the people. With such a multi-pronged approach, the court's salt tax revenue can completely exceed 30 to 40 million yuan a year." Jiang Dejing, the head of the Ministry of Revenue, gave a suggestion.&1t;/p>

"The salt tax does have potential. As my dear, we will strengthen anti-smuggling next year and collect all salt-producing land in Fujian and Sichuan as state-owned." Zhu Youxiao nodded.&1t;/p>

"Report to Your Majesty, the income from coins is declining now, and the court is not as good as selling paper money in the new policy areas. Now the conditions for selling paper money in the court are fully ripe. As long as you control the volume, the paper money line will be maintained." Shen Qing proposed the paper money line at this time.&1t;/p>

Now the Royal Consortium has basically completely controlled the Northern Zhili market. A large number of commodities such as grain, steel, textiles, etc. are involved in the production of large commodities in the market. The pricing power of commodities in the market is in the hands of the Royal Consortium. As long as the Royal Consortium recognizes and accepts paper money, the banknote bank can be said to be easy.&1t;/p>

The people do not accept paper money, there is only one situation, that is, the banknotes cannot buy things, or after they exchange silver and gold for paper money, the banknotes begin to depreciate wildly. This situation will make the people boycott paper money.&1t;/p>

However, the official controls the volume of the market, only a little bit per year, adopts an appropriate inflation policy. At the same time, it controls the pricing power of the commodity. At this time, the merchants supplying the goods are willing to correspond to the banknotes issued by the state, and are no longer willing to receive precious metals. If the buyer wants to buy things, he must first go to the bank to exchange for the banknotes.&1t;/p>

At this time, it is not the question of whether the people boycott or not the paper money, but the market, under the leadership of the royal consortium, had to accept paper money.&1t;/p>

Moreover, because the pricing power of goods is controlled by the royal consortium, paper money can not even be linked to precious metals, but adopt a floating exchange rate.&1t;/p>

Of course, with the current economic structure of the Ming Dynasty, it still needs to be linked to precious metals.&1t;/p>

After being linked to precious metals, the court can still use banknotes in precious metals. After all, within the circulation of banknotes, banks do not exchange precious metals internally. They only exchange precious metals externally, which means that they can even exceed 50%.&1t;/p>

After all, not everyone will exchange money for precious metals to escape, and not everyone can successfully escape. External exchange of precious metals requires legitimate reasons. Is it foreign investment or other reasons? The government can take certain financial control measures to curb the escape.&1t;/p>

If it is an immigration or something, you can also collect a tax evasion when immigrating.&1t;/p>

Of course, there is also foreign trade. If the scale of imports exceeds the scale of exports, it will also lead to the outflow of precious metals. However, the Ming Dynasty is currently the world's largest commodity exporter, and there has never been the phenomenon of precious metals flowing in. However, there is no outflow of precious metals.&1t;/p>

Currency is linked to precious metals, and inflation can be done as long as the inflation degree is controlled. This means that as long as the imperial court implements paper money, the seigniorage tax will no longer be limited to the amount of silver.&1t;/p>

"It is true that the bank's banknotes are here." Zhu Youxiao thought about it carefully and decided to say: "The Ministry of Revenue and the bank will hold a meeting and come up with a specific banknote plan."&1t;/p>

"Yes, Your Majesty."&1t;/p>

The benefits of banknotes are obviously more than one seigniorage tax, and they can also get rid of the limit on the quantity of silver and curb the deflation.&1t;/p>

Compared with the moderate inflation that can stimulate the economy, deflation has great ability to suppress the economy, especially when a country encounters natural disasters frequently. Once the currency is insufficient, the production scale will be hit again, which will make the famine worse.&1t;/p>

During the Ming Dynasty during the Little Ice Age, deflation was also one of the biggest tests.&1t;/p>

If you have paper money, Zhu Youxiao can completely get rid of the limit on the quantity of silver. You can increase the general purchasing power by increasing the money money, thereby expanding the production scale of agriculture and industry, and ultimately achieving the effect of greatly enhancing disaster resistance.&1t;/p>

At this time, currency was the biggest problem that restricted the Ming Dynasty's economic development, and silver was something that the imperial court could not control. The Spaniards were still exploring silver in Central and South America. They had to have paper money that could control independently in order to allow Ming Dynasty to survive this most difficult historical stage.&1t;/p>

"Your Majesty, the customs still have great potential for open source next year. The court can increase investment in customs construction and maritime anti-smuggling, and continue to improve customs duties. In addition, the foreign trade of the Ming Dynasty will definitely continue to grow next year."&1t;/p>

"The potential of customs is immeasurable, and the focus is on developing ocean trade. How much has the number of merchant ships increased in the Ming Dynasty this year?" Zhu Youxiao asked.&1t;/p>

"Report to Your Majesty, a total of 632 large merchant ships with more than 3,000 materials have been added, of which more than 100 were made by private merchants, and the rest are made by ships under the royal shipyards. Half of them are soft-fishing merchant ships." The Minister of Works of Works came out and replied that the Minister of Works of Works of Works, Wang Wei, was promoted by Zhu Youxiao from the Royal Academy of Sciences after Xu Guangqi resigned.&1t;/p>

Wang Wei was proficient in mechanical manufacturing. Like Xu Guangqi, he had some contact with European academics. The Royal Academy of Sciences went to the Royal Academy of Sciences to preside over the mechanical research in the second year of its establishment. After Xu Guangqi resigned, Wang Wei was promoted to the Ministry of Works by Zhu Youxiao to the Ministry of Works and directly served as the Minister of the Shangshu. Compared with Xu Guangqi's background in the Donglin Party, Wang Wei's background is much simpler and he doesn't have so many political ideas.&1t;/p>

"More than 600 ships! But the ships are still not enough. Continue to encourage the shipbuilding industry and continue to increase the training of technicians and sailors." Zhu Youxiao ordered.&1t;/p>

"Yes, Your Majesty."&1t;/p>

For the Ming Dynasty, there will definitely not be too many problems with ships. Only with too many ships can overseas resources be transported back to the local area and a large number of goods can be transported overseas for sale.&1t;/p>

Even if there is not enough cargo transportation, these ships will not be idle. The transporter can do it! In short, it is impossible for these ships to rest.&1t;/p>

The fiscal growth in the sixth year of Tianqi is obviously very potential. As long as the central government is completely revitalized, the Ming Dynasty will basically not be able to perish.&1t;/p>

In the fiscal budget for the coming year, it was finally set to be an unprecedented 280 million yuan. The treasury did not leave some money to deal with the surprise incident like last year, but only ensured that the court had no fiscal deficit.&1t;/p>

With so many fiscal budgets, the main reason is that the treasury has accumulated 80,000 yuan in fiscal revenue and has not spent it.&1t;/p>

The money used to deal with the surprise incident was the treasury. Zhu Youxiao did not have much money in the treasury now, but the Royal Bank has now become the new treasury.&1t;/p>
Chapter completed!