The copper coins casting of the Ming Dynasty are divided into two parts.&1t;/p>

One is Nanjing and the other is Sichuan. Nanjing is located in a prosperous place in the south of the Yangtze River and has a huge demand for money, so it is placed in Nanjing.&1t;/p>

Sichuan has inconvenient transportation and is inconvenient to transport copper coins from abroad, so an institution for casting copper coins was established in Sichuan, so that it radiates to surrounding provinces with Sichuan as the center to meet the demand for copper coins in the west.&1t;/p>

"Your Majesty, Nanjing copper coin casting is under the jurisdiction of the Nanjing Ministry of Revenue. Now the Nanjing Ministry of Revenue has been controlled by the Donglin Party." After Li Chaoqing investigated, he roughly understood the personnel situation of the Nanjing small court.&1t;/p>

"It's the Donglin Party again!" Zhu Youxiao was shocked. Zhu Youxiao, who had shocking corruption in copper coin casting, immediately asked the Jinyiwei and the Dongchang to work closely together to use personnel and intelligence to conduct a thorough investigation of the copper coin casting in Nanjing.&1t;/p>

In history, after the Donglin Party successfully squeezed out the Qi, Chu and Zhejiang Party in the third year of Tianqi, corruption became unscrupulous. The "Tianqi Tongbao" cast in Nanjing contained less than 30% of the copper, which caused a large-scale protest from citizens in Jiangnan. Such protests just made Wei Zhongxian seize the handle and cleaned the Donglin Party again, greatly improving the national finance. However, looking back at the history of later generations, the low quality of Tianqi Tongbao became what Wei Zhongxian did. The Donglin Party that compiled the history books was simply distorted and shameless.&1t;/p>

At this time, Zhu Youxiao started early and the Nanjing court was not so corrupt. Although he was corrupt in the casting of copper coins, the quality of copper coins could still be guaranteed. Moreover, Taichang Tongbao is also a rare "honor version", and the quality is considered high among copper coins in the Ming Dynasty.&1t;/p>

Taichang Tongbao will take at least one year to cast, so it will take a while before it can cast the "Tianqi Tongbao".&1t;/p>

This year, there is a great profit in minting copper coins. The price of 100 kilograms of copper is around 12 taels of silver. It can mint 16,000 copper coins, worth 26 taels of silver, and the profit is over 10%.&1t;/p>

As the Spaniards continued to transport silver to Manila and then traded with the Ming Dynasty, a large amount of silver continued to flow in, and the copper price had risen. Now the market exchange rate is about 6 o'clock and 1 tael of silver can be exchanged for 1 tael of silver, while in the Wanli period, it was still 7 o'clock.&1t;/p>

China lacks copper, and in the marine trade, a large amount of copper coins are privately used to smelte, making them into various copperware for export, which has led to a decrease in copper coins.&1t;/p>

The purchasing power of a copper plate in this era is similar to that of one dollar in later generations. There is also a kind of large coin, with a face value of one to five and one to ten. It is equivalent to five dollars and ten dollars. This kind of large coin is naturally impossible to use five times or ten times of copper coins to mint it, and the profit is higher.&1t;/p>

Just when the Jinyiwei started to thoroughly investigate the Nanjing coin case, the summer harvest also came.&1t;/p>

Cao Jinyu had already made arrangements and went to the northern prefectures and counties with the imperial edict to purchase the summer and discounted grains of each prefecture. At the same time, the Royal Bank of the Ming Dynasty provided sufficient financial support to Cao Jinyu, and loaned Cao Jinyu five million taels of silver at one time. With his strong capital, officials from various prefectures and counties in various places were stunned when they looked at the emperor's imperial edict.&1t;/p>

In previous years, they sold discounted food, but their important gray income.&1t;/p>

However, the Jimin Grain Bank took the emperor's imperial edict to purchase the discounted grain, which directly made them lose the possibility of interception. What made these officials even more crazy was that the Jimin Grain Bank actually supervised the collection of land taxes on the spot, and the scales used were all fair scales of the Jimin Grain Bank. They had no need to eat that part of the scale head.&1t;/p>

Don't want to?&1t;/p>

Of course, ten thousand people are unwilling to do so, but do these local officials dare to stop it? As long as they stop the behavior of the people's food service, the Jinyiwei or the Dongchang will come to you soon.&1t;/p>

At this time, Jimin Grain Store was a royal capital, but the Jinyiwei and Dongchang were the key target of escorting.&1t;/p>

Although Cao Jinyu did not do much in the grain business before, he had extremely rich experience. After collecting the grain from these prefectures and counties, he immediately began to process it in various ways.&1t;/p>

Those who are close to each other or have long distances but have the benefits of water transportation, they will be transported to northern Zhili and sold to the court as military rations, etc. to meet the official order.&1t;/p>

If it is inconvenient to transport, it will be hoarded. When the grain price rises, it will be sold to other merchants, or used to brew soju and then sold to various places.&1t;/p>

In the Ming Dynasty, the commercial sales of wine were very good, and it also consumed a lot of food. However, in the era of insufficient transportation, it was indeed not cost-effective to transport surplus grain in some places. It was indeed a more suitable choice to sell it after it was brewed into wine. However, the consumption of large amounts of alcohol is indeed one of the culprits of food shortage.&1t;/p>

In the Qing Dynasty, the alcohol ban was issued, prohibiting long-distance trafficking of alcohol. So the people could not buy wine and could only make wine by themselves. Therefore, in China, almost all rural areas in the country had the habit of brewing wine. This was not the case in the Ming Dynasty. In many rural areas in the Ming Dynasty, farmers did not make wine, and the phenomenon of alcohol abuse among farmers was not as serious as the Qing Dynasty. In the Qing Dynasty, farmers in the North China Plain had basically no valuable things at home, some of which were soy wine and chicken.&1t;/p>

The wine system of the Ming and Qing dynasties has its own advantages and disadvantages, and it cannot be said which system is better. It is just that the ban on alcohol in the Qing Dynasty did not successfully curb the consumption of food by brewing wine.&1t;/p>

In the Ming Dynasty, alcohol was commercialized relatively high, and long-distance trafficking of alcohol was extremely common.&1t;/p>

After purchasing it, Jimin Grain Bank purchased six million stones of grain in the north alone, and the cost was only more than three million taels of silver.&1t;/p>

When these grains are unprocessed, the price of one stone is 1 tael of silver. When they are processed and sold, the price is 1.5 taels of silver (the previous data is incorrect).&1t;/p>

Of the six million yuan of grain discounts, more than four million stones were transported to Beizhili, Denglai, and Liaodong. After some processing, it became commercial grain to meet official orders. Just the official order made the Jimin Grain Bank pay back the cost. The Jimin Grain Bank still has two million stones of grain in various places.&1t;/p>

The official grain-discount business is simply huge profits.&1t;/p>

Jimin Grain Bank has another bigger action, that is, monopolize the retail market. Jimin Grain Bank has purchased and hoarded a large amount of grain in Shuntian Prefecture, Baoding Prefecture and Jifu, and opened a large number of grain stores in various towns of these three prefectures, and has strongly joined the grain retail market.&1t;/p>

Less than half a month after the summer harvest, the "Tax Bureau" jointly established by Jinyiwei and Dongchang began to open a town in the Jimin Grain Store and fully imposes grain retail tax on grain tax for each stone of grain.&1t;/p>

These grain stores cannot buy cheap discounted grain this year, and their profit margins have been greatly compressed. During the summer harvest period, those landlords and farmers are not fools. As long as they are not in a hurry to use money, who will sell grain at a low price at this time?&1t;/p>

The purchase price of 1 tael of silver per stone is dried, milled, and transported. Each stone is sold at a price of 1.5 taels of silver, and the profit is generally only 1 to 2 cents of silver. At this time, the retail tax on grain collected by the tax bureau reached 2 cents per stone. Isn’t there no money to make?&1t;/p>

The annoyed grain merchants also have policies and countermeasures. If you want to collect taxes, I will raise the price and transfer the cost to consumers. Why don’t we still make money?&1t;/p>

However, not long after, these grain merchants suddenly realized how naive their ideas were. Just as these grain merchants raised the retail price of flour and rice by 2 cents, the flour of Jimin Grain Store was still maintaining the price of 1.5 taels of silver, and the price of rice was rising with the flow.&1t;/p>

The people in Shuntian Prefecture, Baoding Prefecture, and Jifu were naturally unwilling to buy the sudden increase in grain prices. However, the flour price of Jimin Grain Store was not the same in order to increase the price, a group of ordinary people immediately went to Jimin Grain Store to buy flour.&1t;/p>

The price of flour in Jimin Grain Bank does not increase, and it does not mean that there is no need to pay taxes. On the contrary, taxes are paid to the Tax Bureau. However, Jimin Grain Bank has subsidies for the internal treasury, and the taxes of the Tax Bureau are entered into the emperor's treasury. The treasury subsidies for Jimin Grain Bank are just to change to the right hand. There is no difference between Jimin Grain Bank and not paying taxes.&1t;/p>

The price of rice from Jimin Grain Bank is increased together, mainly because the price increase of rice does not affect the lives of ordinary people. Rice is more expensive than flour in the north, and classes without a certain income will not eat rice. The price increase of rice does not affect the lives of ordinary people, but can increase the profit of Jimin Grain Bank.&1t;/p>

The next group of grain merchants were all dumbfounded. They watched the people go to Jimin Grain Store to buy grain. Their grain shop has few business, so they will not go bankrupt if they continue like this! ps: Please vote, please collect it! Rolling all over the ground~~!&1t;/p>
Chapter completed!