typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 573 The Secret of Mount Wutai

The old emperor deliberately used the military power in the northwest to dangle everyone. Those who are ambitious will definitely be tempted.

However, these have nothing to do with Yuzhu.

Yuzhu was very busy every day. After attending the imperial court in the palace, he returned to the Ministry of Revenue to fight with various officials about money and food.

Today's Ministry of Household Affairs, in terms of financial resources, has always been the land tax paid by each province, followed by the head tax. Commercial taxes, which should have been large, are ranked very low.

This is mainly the result of unreasonable taxation.

Although this dynasty focused on agriculture and suppressed business, the commercial tax rate was only one-twentieth.

In addition, due to the existence of unscrupulous officials and subordinate officials, it is actually difficult to collect taxes from profiteers.

Since Qin Shihuang, rulers of all dynasties have attached great importance to making money.

The Kangxi Tongbao of this dynasty was cast separately by the Ministry of Household Affairs and each province according to the ratio of six copper to four lead.

Because transporting copper materials and other materials over long distances will definitely result in serious losses.

The imperial court set up the Qianfa Hall in the Ministry of Household Affairs, and under the Qianfa Hall was the Baoquan Bureau. This Baoquan Bureau was the Mint Bureau.

Then, each province also has money-making agencies. The money-making yamen in Zhejiang is called Baozhe Bureau, and the money-making yamen in Shanxi is called Baojin Bureau.

When making money, copper coins with square holes are all made.

Yuzhu had complete household information at hand. After more than a month of careful research, he found that due to the imbalance of trade, a large amount of silver flowed in from overseas trade, while copper coins were used less and less.

Well*, due to the colonization of America, the mining of large silver mines in Bohemia and the large influx of American gold and silver into Europe, the actual value of silver depreciated significantly.

In this era, that is, between the 17th century and the end of the 18th century, the major imperialist countries in the world all adopted a monetary system in which silver coins were the mainstay and gold coins were supplemented.

By the end of the 19th century, the great powers all adopted the gold standard system, and the main currency was gold coins.

According to Alice, the current currency system in the UK is mainly shillings and pennies. Generally speaking, the currency value of the pound is too high and it only exists as a unit for taxation.

Among them, the largest unit of gold coins is the royal rose, 1 royal rose = 2 pounds = 40 shillings

Among silver coins, 1 pound = 20 shillings, 1 crown = 5 shillings. 1 shilling = 20 pence.

As for France, among the silver coins, 1 livre = 1 franc = 20 sous, and 1 piastre = 16 sous.

The situation in Europe mainly depends on the situation of these two old imperialisms, which can be used as a reference.

The overseas trade between the Qing Dynasty and foreigners mainly involved foreigners bringing silver in exchange for silk, tea, porcelain and other goods from the Qing Dynasty.

Over time, the Qing Dynasty was definitely a country with a trade surplus, while Western countries generally had a trade deficit.

However, the Qing Dynasty was not a country rich in copper resources, and its main currency was actually copper, which led to an extremely serious situation.

As soon as the newly issued copper coins appear, they will be snatched up by unscrupulous officials and profiteers.

After these people melted the copper coins and used the extracted copper materials to make copperware, they could make huge profits of more than ten times or even dozens of times by changing hands.

Before the gold standard, the silver in the Qing Dynasty actually overflowed, and inflation was very serious.

In today's market, one tael of silver can be exchanged for 650 copper coins at most...


This chapter has been completed!
Previous Bookshelf directory Bookmark Next