"Remember, do you know Mr. Kang?"

Ji Kui then mentioned Kang Liang again.

"Mr. Kang... Kang Liang?" Ji Yi had really heard of it. When he was in Jiaozhi, he had read Kang Liang's articles in the newspaper. "The crazy student who yelled to abolish the imperial examinations every day and promote the school?"

"Yes, it's him!" Ji Kui lowered his voice, "Now the new bachelors in Jingdong City all respect Kangliang! If the court is willing to use Kangliang's method, then everyone is willing to support the court. Otherwise... it would be good to learn from Zhou State!"

Ji Yi rolled her eyelids and suddenly felt like a storm was coming.

It’s not like it, but now it’s really a little storm is coming!

This year is already six years of Zhenghe, 1116 AD. Yuntai Academy opened seventeen years ago. In the past seventeen years, at least 14 graduates have entered the historical stage. Moreover, Ji Yi himself opened Gezhi Academy and Shanghai Academy of Arts and Sciences, Zhao Ji also opened Qingcheng Academy and Wuxue Academy. When Ji Yi took over the Hailu Maritime Control Department, he got half a naval school, opened a Haizhou Naval School, and jointly established a Haizhou Metallurgical Academy with Wu Haogu.

Many new-style academies (primary schools) have been opened in Jingdong Commercial City, Shanghai Commercial City, Quanzhou Commercial City, Mingzhou Commercial City, Guangzhou Commercial City and Nanyang Xingzhou.

In addition, when Ji Yi went to the West, he brought back many Western philosophy books and a group of Western scholars. With the help of these books and scholars, a Confucian rational school was born that can compete with Confucian schools such as the empirical school, the Tianli school, and Neo-Confucian schools.

All these factors combined together have almost kept up with the Renaissance movement in Europe in history.

The Song Dynasty was an era of relatively relaxed thoughts, and there was no powerful agency like the Heretics Institute to ensure that people's thinking is correct.

So in the southeast coastal market, people's hearts have changed!

If there was no "money-induced crisis" created by Ji Kui, this group of graduates from new schools could make a lot of money in industry and commerce, and would not have been thinking about it.

But a great depression suddenly came!

Those who can’t find a good job, can’t make money, and even the new bachelor’s degree in their family’s business and business went bankrupt and started to have a quarrel. They felt particularly unhappy when they saw the scholars and officials from the imperial examinations being high and mastered the country.

It seems that their current dissatisfaction is caused by these Jinshi officers who have been from the imperial examination...

So in the past few months, JD.com, where the new bachelor's degree is most concentrated, has become unstable!

Articles that echo Kang Liang often appear in newspapers, and their views are very radical. In some private rallies, some even shouted the slogan "Take Zhou as the teacher and Southeast as the public."

"This is a rebellion!"

After hearing his cousin's words, Ji Yi had cold sweat on her forehead.

"No, no, it's not a rebellion." Ji Kui shook his head vigorously, "This is a revolution! Do you know the revolution? Heaven and earth have revolutionized and the four seasons have been completed. Tang and Wu revolution, follow the heavens and respond to people?"

"That's not a rebellion!" Ji Yi waved her hand and gritted her teeth, "I want to behead!"

"Not afraid!" Ji Kui waved his hand, "The fleet and navy in the Navy Port are all our people. The students in Yuntai Academy, Gezhi Academy, Naval Affairs Academy, and Metallurgy Academy all have a few tricks. There are still many weapons in Jingdong Iron House... If it really doesn't work, we can ask for help from Zhou State, but I don't believe that Wu Haogu Club doesn't want Jingdong Market!"

"Nothing! Nothing! Stop talking..." Ji Yi was almost scared to death by her cousin's words.

It's so unreasonable. Can a businessman do such a rebellion? Wu Haogu was able to succeed because he not only had merchants, but also a group of officers from the Knights' Academy... No, there are also naval officers from the Naval Academy here in Jingdong.

Almost all naval officers from the Naval Affairs Academy were from the maritime merchants in the southeastern markets, and they all settled their families in Jingdong, Shanghai and other commercial cities. Behind the situation that the feelings for the Song Dynasty were very weak was actually the dilemma of ancient China in the development direction. The dynasties that established capital to the Central Plains or Guanzhong would definitely ignore the navy. If they actively developed the navy, they would form a military group that was alienated from the central dynasty.

On the contrary, dynasties that established capitals in coastal cities such as Jiangning and Hangzhou are inevitably more peaceful. They usually face huge pressure from the Central Plains and are still unable to expand into the sea.

The only exception is the early Ming Dynasty in history, so the largest official marine activity in ancient China took place at that time.

The Great Zhou Republic founded by Wu Haogu is a bit special. It is a northern separatist regime built in Haikou, Tianjin. The northern regime has a natural military advantage over the Central Plains! Moreover, the Zhou territory includes Liaodong and the Korean Peninsula, so it has to rely on the sea transportation of the Bohai Sea and the East China Sea (Yellow Sea) to maintain the connection between various parts of the country.

In addition, the Great Zhou Republic was based on industry and commerce as the economic foundation of the country, and industry and commerce had to rely on low-cost transportation. Since the inland transport channels were controlled by the Song Dynasty, the Zhou Dynasty's industry and commerce had to rely on the ocean to trade with the coastal areas of the Great Song Dynasty, Japan and Southeast Asia.

However, the Song Dynasty, which was stimulating the Great Zhou Republic, had no way to achieve a perfect integration of sea and land like the Great Zhou Dynasty. In fact, the integration of the Great Zhou Dynasty also came at a price, which was to give up the tempting goal of quickly unifying China.

In the Song Dynasty, the industrial and commercial capital naval group on the southeast coast had become disinterested from the literati and doctor groups in the Central Plains and the northwest.

Ji Yi glared at her cousin fiercely: "Don't think about this anymore. This time I entered the court, I will want to proclaim the mahjong. At that time, I will naturally implement a new policy and revitalize the court's principles. All new scholars will have the opportunity to serve the court!"

Before arriving at JD.com, Ji Yi was not sure about her future route.

But now he knows that he must vigorously promote the new policy.

Otherwise, the situation in the Southeast market will become more and more chaotic! Maybe it will really cause a revolution...

"Can you really be Xuan Ma?" Ji Kui asked, but his brows frowned, "It's just that it's hard to be a husband now!"

"There will always be a solution!" Ji Yi said, "By the way, what's going on with Zhou Guo's bank coupons? Tell me."

Of course, money is indispensable to implementing a new policy! To bridge the cracks between the Central Plains and the coastal areas, you naturally have to spend money.

"There is a charter, and now it has been obtained." Ji Kui said, then went to the bookshelf to get a stack of official documents and handed them to Ji Yi with both hands.

After Ji Yi took it, she didn't look at it, but asked Ji Kui: "Tell me the key point."

"Oh, it means that the accounts have been reviewed by the Dazhou Bank and pay 1 million silver coins or equivalent gold and silver margin to the Dazhou Bank at one time, and you can borrow 5 million silver coins of denomination from the Dazhou Bank at one time without interest.

The 5 million taels of bank bonds were printed by Dazhou Bank and issued to the public in the name of commercial banks. Therefore, there is no need to pay interest to Dazhou Bank, but it can only be used to lend, buy bonds and exchange for gold, silver and copper coins.

In addition, the commercial bank is also obliged to fulfill the redemption responsibility of the bank bonds issued by the bank, so it must prepare sufficient deposit for itself. Only in the event of a run will the Dazhou Bank intervene..."

This bank bond issuance method was formulated after repeated discussion and research by the Dazhou Bank and the Senate. Wu Haogu also provided a lot of valuable opinions.

According to this method, bank bonds actually have dual credit guarantees, one comes from commercial banks; the other comes from Dazhou Bank.

Bank bonds are not only redeemable banknotes issued by commercial banks, but also the currency deposited (lent) by commercial banks by Dazhou Bank. If commercial banks are unable to bear the obligation to repay, Dazhou Bank can also take over.

In addition, Dazhou Bank will also supervise the flow of funds from commercial banks to ensure that they will not use this batch of banknotes on high-risk self-operated investment projects.

The real function of this banknote is not only to facilitate market circulation, but also to increase market liquidity. Even if the commercial bank's self-provided deposit is taken into account, this batch of banknotes will expand the funds of commercial banknotes by about twice. This is the base currency! If the multiplier effect is greater than one, the market liquidity will be more abundant.

"Remember, if the Southeast can become a country, our JD Bank also has enough capital to issue bank bonds, and then..." Ji Kui said about the bank bonds, and then changed the subject and started to split the country.

Because of huge profits in the money-induced turmoil and the land-generating business of Kaifeng Prefecture, the Pingjiang Ji family is already a bit like the Medici family. In fact, they are richer than the Medici family during their heyday. The total capital of JD.com Bank has reached tens of millions of dollars! If bank bonds can be issued, it will be enough to support 200 million credit currency, and with the multiplier effect, it will be able to rival the country.

In Ji Kui's view, such huge wealth is enough to make the Ji family the dominant of the Southeast merchant markets.

Moreover, the Ji family is not an ordinary family of tyrant merchants, but a family of pirate merchants. They also have Manichaeism and are very powerful in the Navy of the Song Dynasty. They can completely control one side!

In addition, only by establishing a republic of the Ji family can we free up the capital power owned by JD.com.

Otherwise, JD.com, which has no support from the state and the military, will compete with the Dazhou Bank and Tianjin Bank, which have the state and the military.

Oh, this problem is not only a problem with JD.com, but also a problem facing the entire Southeast Industrial and Commercial Interest Group.

Their money is definitely no less than that of Tianjin's wealthy merchants, and they are not weaker than that of Tianjin's industry and commerce in handicrafts and overseas trade. The power of the Song Dynasty navy, which is even full of children of Southeast China merchants, is not much weaker than that of the Great Zhou navy.

However, Tianjin Haoshang was a shareholder of the Great Zhou Republic and had a great say in it, which could influence the national policy of the Great Zhou and allow the military power of the Great Zhou to open up territory for capital.

The industry and commerce in the southeast of the Song Dynasty were just slaves from Kaifeng, and were fat pigs that could be slaughtered at any time. But these fat pigs now have the power of capital and the power of the ocean, and have the example of Zhou State, and are a little unwilling to be pigs.

https:
Chapter completed!