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Chapter 926 Issuance of National Bonds(1/2)

Zhu Houzhao was so arrogant that she still couldn't convince her emperor father.

I don’t know if Emperor Hongzhi knew his thoughts, so I didn’t care about his nonsense at all.

After saying goodbye to his father, he thought about it on the way back to the palace.

"The matter of choosing a concubine should be decided."

"The father is unwilling to give in now, and those ministers must agree more than the father."

Zhu Houzhao muttered, "No."

"We have to hurry up and deal with the government debt matters quickly."

"Before choosing a concubine, maybe I can go out with the army."

The frontier will send troops as soon as possible, and there will be some time to choose a concubine before the wedding.

As long as you move fast enough, you should be able to go out before the wedding.

Zhu Houzhao thought so.

Immediately cheered up and according to Zhao Ce's statement, I found a lot of "supporters".

Before the issuance of treasury bonds, give a hype.

Do the preliminary publicity work well.

Let everyone know that the court is going to issue national debts.

News of the issuance of treasury bonds was soon posted.

The court wanted to issue national debts.

Whether it is a wealthy businessman, a royal relative, or a commoner, you can subscribe with money.

The state can still collect interest when borrowing money and writing IOUs.

After learning the news, many people were very interested.

Some wealthy businessmen began to get ready to go and asked many people in the court for information about the government debt.

......

Finally, it is time for the treasury bonds to be released.

At the main entrance of Shuntian Prefecture, the day was very lively and crowded with people.

The soap officials stood outside the yamen in an orderly manner and did a good job in maintaining order.

There are endless people watching the excitement with all kinds of mentalities.

There are also wealthy businessmen and wealthy families who were visited by Zhu Houzhao in the early stage and personally called them to sign a purchase form.

They all came out of the yamen together to watch and wait for the so-called national debt to be launched.

More people want to find out what they are watching the fun.

It would be best if you can get some good things.

"I heard that the government debt was the court asking the people to borrow money and pay back the interest."

"Yes, that's what the emperor list says."

"I heard there was a breath."

"I don't know if it's true. Is it true that those officials and men use this method to steal the money from us?"

"Why could an official dare to do so blatantly under the feet of the emperor?"

"Too......"

You discuss it one by one.

Xu Fang, who was in the crowd, also stood aside according to Zhao Ce's order.

Behind Xu Fang, there were several people carrying several wooden boxes.

In the box, the silver that was finally collected from Zhao Ce's family.

After hearing the discussions among the people, Zhao Ce also looked around behind him.

Among the crowd, many wealthy families were also standing in place and watching curiously, surrounded by slaves.

Some are senior servants like housekeepers, and some are heads of the family or side branches to investigate the situation.

In the hands of ordinary people, there is definitely not much money left.

These wealthy families who come to wait and see are basically the main forces in purchasing treasury bonds.

In addition to the people in the capital, there are many people from other state prefectures in the crowd.

Basically, they are people who are moved by the news near Northern Zhili.

It seems that the publicity before issuing treasury bonds is in place.

At a time of lively discussion.

At this time, an official wearing a red official uniform walked out of the yamen.

Judging from the color of this official uniform, you will know that this person is not a small official.

The eyes of the people present all calmed down and looked at the official.

He held a booklet in his hand and said loudly: "Today is the first day for the imperial court to issue national debts."

"The imperial list has been posted not long ago, and I believe everyone has seen it."

"The government debt is the court borrowing money from all the people."

"But this borrowing is not a casual borrowing."

"Correspond interest in advance and agree with you on the deadline for redeeming the national debt."

"Because this is the first time that a treasury bond is issued, the term of the treasury bond is not long, only one year."

"After a year, the principal and interest will be returned to those who purchase the government bonds."

Hearing the official's words, someone began to whisper.

"This is quite reliable. There is an IOU and interest."

"It is equivalent to keeping the money in the court, and the interest and principal will be returned at that time."

"I just don't know if the court will refuse to admit it."

"It shouldn't be possible? Your Majesty is wise now and will definitely not do anything that is so heartless to the people."

"Yes, everyone in the world knows about the posting of the emperor list. At that time, your Majesty will not be able to admit it."

"And it's only one year, and it'll be over soon."

"Ten thousand taels of silver will be kept in the court for a year, and you can get a lot of interest after getting it back."

Some people deliberately said these comments very loudly.

Many people present heard it and they also had their own little plan in their hearts.

Of course, most of the people who speak are the "sentiments" found by Zhu Houzhao.

Someone was puzzled by another question: "This IOU for the national debt is like the Daming Baochao, and it is all paper."

"Can this be used directly like Baochao?"

When it comes to the Daming Baochao, everyone is also confused.

Not long ago, the imperial court issued new Ming treasure banknotes and took back the old banknotes from the hands of the people.

Moreover, the imperial court also wanted to redeem copper coins with treasure money.

Of course there are few people who support this.

After all, the Ming Dynasty Baochao was too much water before, and many people kept their wallets tightly and refused to exchange copper coins for banknotes.

The court did not have much solution to this.

You can't just force the copper coins back, as this will undoubtedly cause the court's credit to lose all the credit.

Only when the people discover that the purchasing power of the new version of Daming Baochao has indeed improved can the copper coins be reclaimed back a large part of them.

Many people present have this question.

At this time, the official who read it was no longer silent, and he continued to explain:

"Everyone, the government bonds are different from the Daming Baochao issued not long ago. Both are not the same thing."

"Treasury bonds cannot be used directly for transactions, and they can only be redeemed by the court."

"After the government subscribes to the government bonds, the court will issue paper certificates to the subscribers, that is, IOUs stamped by the Ministry of Revenue."

"Just hold the IOU, you will be able to get your money and interest back in full!"

"Everyone will definitely not lose."

When the imperial court paid the principal and interest in lump sum when it expired, it was a sure profit for ordinary people who did not have many investment channels in ancient times.
To be continued...
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