"There is a law in our dynasty that stipulates that for all private debts and pawned property, the monthly interest cannot exceed three-thirds. Anyone who violates this rule will be punished with a cane of forty, and the remaining profit will be recorded as stolen goods. In serious cases, it will be treated as stolen goods, and the crime will be punished with a cane."
Hundred."
"That's three-cent interest. If the lending scale is large enough and bad debts are kept to a minimum, then this profit will be enough for the court to greatly ease its deficit."
The more Xu Changqing thought about it, the more excited he became. As the big butler in charge of the money bag, he was really fed up with being chased for money every day, but he didn't have a penny in his pocket.
"Your Highness's great talent is truly a blessing to the world and to all the people of the country!"
Li Chen burst out laughing at Xu Changqing's heartfelt praise.
"Go and summon Liu Sichun to the East Palace."
Half an hour later, Liu Sichun arrived at the Xi Zheng Hall in the East Palace.
"People's daughter Liu Sichun, please see His Royal Highness the Crown Prince."
Liu Sichun's figure is still as charming and charming as ever.
Li Chen sat on top and looked at Liu Sichun, and said with a smile: "No need to be polite, just get up."
"I have called you here today mainly because the sweet potato planting plan was successful some time ago. I have said that after the plan is successful, you will be given the rewards you each deserve."
"The rewards have been given to everyone else, but you, the Liu family, have not been given yet. Today, I will give this reward to you."
Xu Changqing next to him was stunned for a while.
He secretly said that His Highness the Crown Prince was His Highness the Crown Prince, and he forcefully presented the Liu family's work as a reward and asked people to be grateful. This method was really powerful.
Thinking of this, Xu Changqing couldn't help but think of another question, how many times had he been manipulated like this by His Royal Highness?
No matter what Xu Changqing thinks, Liu Sichun has already given a response.
"It is an honor for the Liu family to serve His Highness. The Liu family is already grateful and does not dare to ask for any more rewards."
Li Chen said: "Since you have done something good, you should naturally be rewarded. Otherwise, what will other people think?"
They were just polite words, so Liu Sichun declined the second sentence, otherwise it would appear to be hypocritical.
"The civilian daughter thanked His Highness."
Li Chen chuckled lightly and said, "I want to open a bank."
As expected, Liu Sichun looked shocked.
Xu Changqing next to him also reacted like this when he saw Liu Sichun, and felt a little balanced in his heart. Sure enough, he was not the only one who would be shocked when he heard the news, everyone would be.
"This bank is under the supervision of the Ministry of Household Affairs. It will first set up a branch in every province in the country, and then cover states, prefectures, and counties. It is endorsed by the court's credit, but the daily management and manpower are all the responsibility of the Liu family."
"Of the total share capital, the household department accounts for 80%, and you, the Liu family, get 20%."
Liu Sichun didn't know what Li Chen's purpose was in opening such a bank, but as a businessman, she was keenly aware that it would definitely be a huge benefit for the Liu family to get a piece of the pie.
Not to mention anything else, the huge cash flow is enough to do too many things.
Despite her shortness of breath, Liu Sichun remained rational. She asked, "It takes a huge amount of money to open a bank. This money..."
"Forty percent will come from the Ministry of Household Affairs, and the remaining 60 percent will come from your Liu family."
Just this sentence made Liu Sichun look embarrassed.
"Your Highness, it is conservatively estimated that the first batch of banks to be opened in all provinces across the country will require at least 10 million taels of silver as capital..."
"I know that a lot of capital is needed, but the imperial treasury is empty. The investment of four million taels is already the limit, so you can only find a way to make the remaining money."