Chongzhen wanted to recruit local warriors in Huai'an Prefecture, and the cabinet and the Ministry of War knew about this.
When the news first came to light, the cabinet and the Ministry of War strongly opposed it, because although the recruitment and training of rural warriors did not require pay like the frontier army, they did have to take care of their meals.
The rations for Xiangyong still had to be provided by the government.
But what the court lacks most now is food and salary.
Therefore, the cabinet and the Ministry of War strongly opposed this.
It was not until Chongzhen proposed that all expenses for recruiting rural warriors should be borne by the Ministry of Internal Affairs, but that the rural warriors recruited from Huai'an Prefecture must also be commanded by the Ministry of Internal Affairs, did the cabinet and the Ministry of War agree.
The cabinet and the Ministry of War originally thought that Chongzhen could only recruit 10,000 to 20,000 local warriors at most.
But he didn't expect that Chongzhen actually asked Fan Zhongjie to raise 200,000 local warriors in one go.
By this time, Lu Daqi, Minister of the Ministry of War, actually regretted it and wanted to take back the military power.
So when the news that Prince Qin took over Xiangyong of Huai'an Prefecture reached Nanjing, Lu Daqi became anxious.
After receiving the report from Huai'an Prefecture, Lu Daqi immediately couldn't sit still. When he took the report to the cabinet, he found his old superior, Shi Kefa, the chief minister of the cabinet.
"Mr. Shi Ge, how can this be possible?"
Lu Daqi said: "It is the duty of the military to organize and train rural warriors. The 200,000 rural warriors in Huai'an Prefecture were also recruited by Fan Zhongjie and his officials from nine counties. How can we just hand them over?"
"Otherwise." Shi Kefa asked rhetorically, "If we don't hand it over to the people of the Ministry of Internal Affairs, and if we don't hand it over to the Qinwang scholars in the scholar camp, will the counties under the Huai'an Prefecture provide wages, rice and weapons?"
"This..." Lu Daqi was suddenly speechless.
How can one government in Huai'an support 200,000 local warriors?
Let alone 200,000, I am afraid that even 20,000 Xiangyong cannot support him.
Not only Huai'an Prefecture, but also Nanzhi and even the entire imperial court are now extremely poor.
Because only a small part of this year's taxes have been collected so far, expenditures cannot be reduced.
The bulk of it is the salary of officials and subordinate staff, and then the expenses of the clan.
In addition to these two items, the salaries for the border troops in Xuzhou Town that should have been allocated to Wuchang Town and Xuzhou Town are still being delayed.
Because the Ministry of Revenue really can't come up with any money, not to mention the more than one million promised before, even ten thousand.
In order to prepare for the provincial examination and encore in the second half of this year, Wang Duo, the Minister of Rites, shamelessly went to Nanjing to solicit donations from the noble gentry, but no one paid attention to him. In the end, Gao Hongtu gave up his old face and earned three thousand yuan by writing epitaphs.
Jie Xuelong donated another 2,000 taels for the extra polishing fee, and he could barely cover Enke's expenses.
On the other hand, the Ministry of Internal Affairs is really extremely rich, with so much money that it is easy to spend it.
As soon as the Crown Princess's Ming Dynasty Royal Bank was established, the Ministry of Internal Affairs immediately deposited 20 million yuan in silver!
[Note: The bank in the previous article has been changed to a bank number. You can provide more comments on such details that have nothing to do with the plot]
This is just money. The Ministry of Internal Affairs also stores 5 million shi of grain in its warehouses in Nangong and Yanziji.
On the other hand, in the warehouse of the Ming Dynasty's Ministry of Household Affairs, not only were the old officials in charge of the warehouse almost losing weight, but the rats were also starving to death.
This is really in line with the old saying, you have to throw away when you compare goods, and you will die when you compare people! Lu Daqi never understood why the Ministry of Internal Affairs was so rich? How did the imperial court become so poor?
It's not right to say that you don't understand. Lu Daqi actually knows the reason.
All this happened because the Holy Emperor used the official land in Xuzhou as collateral to issue bonds and raised 20 million taels of silver. He then put the inner court's properties up for auction and sold another 5 million taels.
If the Ministry of Revenue could raise so much money, the life of the imperial court would be much easier.
Thinking of this, Lu Daqi sighed and said somewhat depressedly: "Mr. Shige, the Imperial Household Office can issue bonds, but the Ministry of Household Affairs of the Ming Dynasty can't issue bonds? Why don't we also issue bonds?"
"Issuance of bonds requires collateral." Shi Kefa said, "What kind of collateral does the Ministry of Revenue take?"
Lu Daqi subconsciously wanted to say that he would use 50 million acres of official land in Nanzhi as a mortgage, but he swallowed the words again. He was worried that if he said this now, he would slip and drown in the Qinhuai River when he returned home from work in the evening.
The 50 million acres of official land in Nanzhi are the forbidden property of the Jiangnan Jin gentry. Anyone who touches it will die.
Lu Daqi was still a little unwilling and suggested: "Can't we issue bonds without collateral?"
"Of course you can give it away." Shi Kefa asked again, "The question is, will anyone buy it?"
Lu Daqi was silent again. Yes, if there is no collateral, which swindler would give money to the court flower? You can still hear a sound if you throw the money into the water.
After a long while, Lu Daqi said again: "Your Majesty is still very powerful. He raised more than 20 million yuan of silver with just a wave of his hand, and will soon sell the second issue of bonds. It is said that this time, the Holy Spirit took out the returned bonds."
Four million acres of confiscated official land in Defu and Kaifeng respectively were mortgaged, and the total bond value was 40 million pure silver!"
"What?" Shi Kefa was dumbfounded, "Forty million dollars worth of silver?"
Forty million, this number obviously exceeded the limit of Shi Kefa's imagination.
During the best years of the Ming Dynasty, the annual income was only 20 million pieces of silver. Now it is even less than 10 million. However, the Holy Spirit only sold bonds once and was able to raise 40 million!
Lu Daqi also felt inexplicable: "The Ministry of Internal Affairs is really rich now."
After a pause, Lu Daqi continued: "I have to say that this move by Your Majesty is really powerful."
"Your Majesty's move to issue bonds is indeed a powerful move. It has never been seen before in ancient times. Just relying on this, Your Majesty is enough to be famous in history." Shi Kefa affirmed, and then changed the topic and continued, "However, Your Majesty did this.
The disadvantages are also obvious, and there is no hope of recovering the capital."
Having said this, Shi Kefa sighed again.
"That's right." Lu Daqi nodded and agreed, "Your Majesty used the northern people's land as collateral to issue debts. Although this move pleased the southern Jin gentry, it offended the northern Jin gentry to death. From then on, the northern Jin gentry will definitely be alienated from the Ming Dynasty. I will never go back to the Ming Dynasty.
It will be difficult to regain the capital, and the story of the Northern and Southern Dynasties may happen again."
…
At this time, Chaoku Street on the south bank of the Qinhuai River was busy with traffic and crowded with people.
More than two months ago, the Yangzhou salt merchant Kang Wanwan rented the Baochao warehouse on Chaoku Street from the Ministry of Household Affairs at a monthly rent of 500 taels, and officially put up the sign of the Nanjing Exchange.
Also on that day, two pieces of news came out from the market.
By mid-October, the Ministry of Internal Affairs will sell the second tranche of bonds on the stock exchange.
At the same time as the second tranche of bonds is being sold, the exchange will also officially open the trading of bonds. Bond holders can trade bonds on the exchange through pre-opened accounts at Daming Royal Bank.
From that day on, the gentry and merchants in the south of the Yangtze River were all looking forward to the early arrival of mid-October.
The reason why the gentry merchants in Jiangnan were so enthusiastic was that they first wanted to buy bonds, and second, they wanted to know how to sell the bonds mentioned by Shiyi?
Anyway, this time the exchange really whetted my appetite.
In recent months, whether they are high-ranking officials in the imperial court, scholars rushing to take the exam, ordinary people in the market, or peddlers, all they talk about is the second tranche of bonds and the upcoming opening of the stock exchange. Even the girls from the South Campus said
This is also the case. If you can't say a few words about these two things, you will be embarrassed to say that you are from Nanjing.
As for the gentry and merchants from other prefectures and counties, they came to Nanjing very early.
In the past two months, business in hotels, inns, restaurants and restaurants in Nanjing has been extremely booming, and the girls in the leather and meat business on the Qinhuai River are almost overwhelmed.
And the small traders also made a lot of money.
By the end of last month, the exchange had set an opening date.
Because after more than two months of renovation and decoration, the treasure bank is almost ready to be renovated.
In particular, the trading hall of the Stock Exchange was completely renovated according to Chongzhen's vision. All the floors inside the "back"-shaped warehouse were removed, and a dome was added on top, forming a huge hall that can accommodate thousands of people at the same time.
, a central notice stand was built in the middle patio.
The central announcement platform is a huge square building.
The four walls of the notice board are covered by a huge whiteboard.
At that time, the exchange staff will use charcoal to log the transaction information on the whiteboard. For example, member A sells a three-year bond at a certain price, and member B sells a ten-year bond at a certain price.
How many bonds are there, and so on? Then all the selling information will be posted on it, and people who want to buy can see it at a glance.
If someone wants to buy, they can buy based on the information.
Once a bond has been purchased, officials erase the message.
Well, in terms of software and hardware alone, the Nanjing Exchange is much better than the Amsterdam Exchange, which has been established for more than 30 years. The two are simply not the same.
At this time, four major shareholders including Kang Wanwan, Fang Wenzhen, Zhang Han, and Zhan Yangzhi, as well as more than a hundred other small shareholders, were standing proudly under the central notice stage of the stock exchange.
Kang Wanwan understood Chongzhen’s meaning very well.
So I didn’t think about eating alone with Fang Wenzhen and the other four.
Instead, a group of Jin gentry merchants with good reputations were selected from Jiangnan Jin gentry, Hui merchants, Fujian merchants, Zhejiang merchants, Guangdong merchants and Yangzhou salt merchants to join the stock exchange.
Among them, Kang Wanwan holds the largest number of shares, only more than 200 shares.
The merchants with the fewest shares only had a dozen shares.
But then again, this is also because we don’t know what the future of the exchange is.
Although Chongzhen had clearly stated that if the annual profit was less than 30% of the principal, the Ministry of Internal Affairs would repurchase all shares at the original price, but Kang Baiwan and the others did not take this seriously.
Kang Wanwan and others most likely think that 49 million yuan of silver will be released after the year.
Therefore, Kang Wanwan decisively recruited more than a hundred gentry merchants to share the pressure.
Fang Wenzhen even asked the clerk from the stock exchange to bring a ladder and tried to climb up and write a message. It was perfect.
When Fang Wenzhen came down, Kang Baiwan smiled and asked Ma Mingluan: "Mr. Ma, do you think there is anything else that needs to be changed?"
"I don't have any other requirements here." Ma Mingluan waved his hand and said, "I just want to add one more. This is what the Holy Father specifically ordered."
