After handling official business in the capital for a while, settling down the Jia family in the name of relatives, and making some finishing touches in the capital, Chen Zhao returned to Tianmen with his wives and concubines.

During this period, she naturally fell in love with Li Wanlang.

It’s really dire straits...

Daiyu and the others may or may not know, but Chen Zhao showed the best respect to them by not taking Li Wan home.

…

After returning to Jinmen, Chen Zhao had accumulated too many things. Letters and documents came from all over the three major trading companies, and one of them mentioned one thing.

, they are all making money everywhere, and they are all hugely profitable transactions. The gold mountains and silver seas are recorded in the account, but the gold and silver are of different fineness, and they can be exchanged for each other. The different fineness is a big trouble.

Moreover, the scale of the business is getting larger and larger. The Zhengfei system has begun to set up locations all over the world, and more and more bulk gold and silver are being transported. This itself is troublesome. Although the guards of the three major trading companies and the Zhengfei system are from the elite Jinyiwei, each of them

They are all excellent, but no one dares to say that they can be fully protected every time. The risks involved are really not small.

Business opportunities change, and there is always a time to make money, but gold and silver are not always available in shops everywhere, because the delay is really not worth it.

Furthermore, the exchange of gold and silver is also troublesome. The fineness is different, and the discount ratio is also different. There is also loss in this process, and there are also opportunities for people to buy and sell it.

Chen Zhao has been an emperor for several times and has relatively little understanding of finance. Although he is only the leader of the Imperial Guard in this world, the relevant financial knowledge is not very clear. However, no matter how unclear he is, he has also experienced the explosion of information in later generations. For

I still have some basic knowledge of the financial world.

Besides, there are plenty of answers to this kind of thing in history.

For example, Jiaozi in the Northern Song Dynasty, the ticket shops of the eight imperial merchants, etc.

At this stage, banknotes can be issued.

Now the Zhengfei system has enough outlets and a complete network in Ming Dynasty, and has accumulated enough gold and silver. It is mature in all aspects, and there are precedents.

In fact, large-scale gold and silver transfers and imports and exports between Beijing and Tianjin, as well as between the north and the south of the Yangtze River, also have various inconveniences. The gold and silver transfer between Beijing and Tianjin, the transfer of gold and silver between the northern and Jiangnan provinces

, each branch of the three major trading companies issued bills to each other, and settled the accounts once every six months. At that time, the bills were transferred by boat or horse and carriage.

Lu Xiaofeng, a wealthy person in the world, also uses banknotes to travel around the world.

It can easily be five thousand taels or ten thousand taels, which is really rich!

Nowadays, Zhengfei Commercial Bank is established based on three major trading companies. The business is large enough and the reputation is extremely high. Whether it is the nobles in the capital or the local wealthy businessmen, when they carry out large-scale gold and silver allocations, they always ask the Zhengfei system for help.

Then a certain percentage of the fee is paid. Among other things, the leader of Shaolin and Wudang asks Lu Xiaofeng to do things, and some violent groups ask Sikong Zhaixing to steal things. The rewards are all done through Zhengfei system stores.

In other words, Zhengfei System is not only a bank for major shops, but also a bank all over the world. When Chen Zhao opened a commercial bank in Yangzhou, he actually just wanted to gain a foothold in the official circles of the Zhou Dynasty. He never expected that

It has today's scale and situation.

Think about it, when the Mayflower group of Protestants landed in America, they were only thinking about survival, and they never thought about the unparalleled empire that they later developed.

It is only natural that Chen Zhao now formalizes the existing rules and regulations, and then officially issues banknotes that are popular in the Zhengfei system.

Chen Zhao changed Zhengfei Commercial Bank into Zhengfei Bank, which was responsible for absorbing the gold and silver of the entire Zhengfei system, then issuing write-off banknotes, and was responsible for related circulation matters. This institutional setup was equivalent to the overall jurisdiction of the Zhengfei system. After all,

The accumulation and circulation of money are fundamental within the system.

This is also the original intention of establishing Zhengfei Commercial Bank.

However, these functions are performed by the three major trading companies and insurance companies themselves. There is no need to set up a separate department to perform them. This involves the second problem. The fineness of gold and silver is different. The procedures for exchanging and discounting each other are complicated and the losses are heavy.

This actually has a hidden problem, that is, the amount of coins minted in Dazhou is extremely insufficient.

The most circulated Yongshun Tongbao on the market now is the Yongshun Tongbao minted during the Taishang Emperor period, but what is ridiculous is that the total amount of Yongshun Tongbao currently on the market, including the Japanese and Nanyang circulations, is almost dozens of times that of the original official mintage. What is even more ridiculous

Yes, the quality of the copper coins officially minted by the Zhou Dynasty is far inferior to those jointly minted by the Japanese and Ming Dynasties. Most of the coins on the market are privately minted.

Moreover, the different fineness of coins is also a big problem. If it is inconvenient to exchange gold and silver and replace them with copper coins of lower value, it will only be more troublesome in the end, and the credit value of the silver notes will also be reduced. In the end, it will still be exchanged with gold and silver.

After all, the value of gold and silver is constant in comparison.

The so-called "money is naturally gold and silver, and gold and silver are naturally not currency" is an eternal truth.

How to deal with this situation?

Naturally, gold and silver currency was minted.

Chen Zhao owns Jinmen Guards, three major trading companies, and Zhengfei Bank. He has accumulated gold and silver and can be said to be extremely wealthy.

Because of the development of commerce, Jinmenwei already has large and small factories and mature hydraulic mechanical systems. Technology is no longer a problem, nor is gold and silver reserves.

Next is the issue of confidentiality.

After all, minting coins is a matter for the imperial court, and it is against the law for Chen Zhaogui to do this for the Duke of the country. However, there are countless talents among the three major trading companies.

So a mint was quietly built on an unknown island in the East China Sea.

No one outside would know the news anyway.

Even if they inquired, they only knew that Chen Zhao united with the sea kings to attack Luzon and seize the wealth from the Franji people...

…

After settling down his family, Jia Huan resumed work. He took several of his men and rode fast horses to catch up with the large army.

After all, it was a large force, and it also involved the mobilization of the imperial army, so the elite Jin Yiwei didn't move very fast.

After confirmation by the emperor and the cabinet, in January of the eighth year of Xiaode, Guo Zhenlu and Jinyiwei reunited. At this time, he had 800 elite troops around him, plus some Sichuan soldiers with extraordinary combat capabilities. Both in terms of strength and confidence, he

greatly increase.

What's even better is that, after hesitating about Jia Huan's identity, a big businessman from Sichuan and Sichuan took the initiative to approach Guo Zhenlu and expressed his willingness to help the king and do what he could.

The so-called support used to mean giving money and food, but the information these big businessmen provided to Guo Zhenlu was not just this. Jinchuan and Jinchuan are not a paradise. If you want to survive, you must communicate with the outside world. At least the salt must be outside.

Buy, the big businessmen in Sichuan and Sichuan made a lot of money between the acquisition and sales.

Although the big businessmen valued the transactions with the chieftains, they valued the association with Chen Zhao even more. Jia Huan came with the army. In order to embrace Chen Zhao, the big businessmen naturally had to express goodwill to the Jin Yiwei.

What is goodwill? Of course, making great contributions is the best way to express goodwill.

The first battle was not with these chieftains, nor with the Miao soldiers from Jinchuan and Jinchuan, or the bandits who took advantage of the situation, but went to Zigong to wipe out the largest salt owl in the area.

The output of Sichuan salt is huge, and Sichuan's salt gangs also have their own system. In addition to smuggling it to Huguang, their real huge profits come from selling it to all ethnic groups in the southwest. The villages of all ethnic groups in the mountains are short of salt, and the price is extremely expensive.

Before the rebellion in Jinchuan and Daxia, they first purchased a large amount of salt, and then set a high price with the salt lord to collect salt continuously. Thanks to this, many local chieftains came to serve him. This kind of news has always been well known to everyone.

He was just pretending not to know, but Jinyiwei had its own system and didn't care about the local production and sales channels. With the information provided by Sichuan and Sichuan tycoons, Jia Huan immediately asked Guo Zhenlu to exterminate the salt owl.

The Salt Owl could mobilize nearly three thousand men, which was quite difficult to deal with. Jia Huan led the Jin Yiwei to attack, and only mobilized a thousand men.

Everyone in Sichuan and Shu, from the governor to the businessmen below, felt that they underestimated the enemy.

But the result surprised them.

Thousands of elite Jinyi guards defeated three thousand salt owl brave men with just one charge.

More than 2,000 people were killed and the rest were captured.

He only suffered less than fifty casualties.

The Yan Xiao originally wanted to resist for a while and let the government suffer a loss, and then negotiated relatively good recruitment conditions. He knew how bad the officers and soldiers in Sichuan and Shu were, and he also thought that the government wanted to deal with those chieftains.

He still wanted his own men to contribute, but he never expected that the elite Jin Yiwei would arrive so quickly and have such strong fighting power, so he had no choice but to surrender himself and hope that the lives of women and children could be saved.

The Jin Yiwei beat the salt owl to establish their prestige, and everyone understood this, but they didn't expect them to be so successful in establishing their prestige, so simply and swiftly.

Such a big salt owl was destroyed in an instant, how dare others dare to mess around?

The Sichuan and Sichuan officials have issued strict orders for two years, but some people are still doing business with Jinchuan. After this time, the orders were banned and no one dared to move.

However, since Jinchuan and Jinchuan dare to cause chaos, they have naturally accumulated enough supplies, which is also the reason why they can recruit a large number of copycat followers. However, having enough supplies does not mean that they do not need to import them.

Everyone understands this truth. If there is no supplement of external supplies, with terrain like Jinchuan, it will be a dead end. We haven't fought out many places yet, and we are trapped and surrounded. The end result is that the supplies will be slowly consumed, and then

Collapse and waiting to die.

You can't expect the Buddhas on the plateau to produce salt by chanting sutras, right?

The chieftains also understood this truth. On the fifth day after the salt input was cut off, 15,000 troops from Jinchuan and Jinchuan joined forces and launched a fierce attack on Li County. After opening this side, it was a smooth road to Jinguan City.

This is the richest area in Sichuan and Sichuan, and it is convenient to obtain any kind of supplies.

But the ideal is full and the reality is backbone.

Guo Zhenlu was familiar with mountain warfare and had five thousand elite men. He fought with the opponent in formation. In the end, in just one morning, he killed tens of thousands of chieftains and routed the rest.

Then, the big and small Jinchuans, together with the eighteen chieftains, all knelt down.

Guo Zhenlu was also granted the title of Marquis of Zhenyuan due to his meritorious service, rising from a fierce general to a qualified military commander.

Jia Huan performed bravely in this battle and was not only successfully promoted to Qianhu, but also received the title of first-class light chariot captain, which allowed him to make his wife Yin Mu.

In an instant, Aunt Zhao went from being a despised aunt to a person who was envied by everyone...

Guo Zhenlu was also appreciated by the emperor. It is said that Emperor Xiaode intended to promote him to general Ili to succeed Yue Zhongqi.

When Guo Zhenlu entered Beijing, he made a special trip to Jinmen to ask for an audience with Chen Zhao.
Chapter completed!