The atmosphere is very good.

The first time the monarch and ministers had been able to chat so smoothly, Cheng Qian was so happy that he couldn't help but drink a few more drinks.

"I heard that there are many silver mines and gold mines in Yunnan."

After several currency changes, Chengqian is now more sensitive to currency. He knows that currency is naturally not gold, but gold is a natural currency.

Although the court now said that it had obtained the right to issue paper money, Ma Zhou, Chu Suiliang and others stared at the court and finally came up with a lot of additional conditions.

The court plans to issue 100 million guanbao notes next year, with gold, silver and copper worth 30 million yuan as reserves. However, issuing this guanbao notes is not that simple, because according to Ma Zhou, there are many guanbao notes, and even if three thousand gold is used as reserves, it still has over 70 million guan.

This is equivalent to depreciating the money in everyone's hands, depreciating 70 million.

In order to avoid the impact of these treasure banknotes on the existing monetary system, Ma Zhou asked the court to issue new treasure banknotes and recycle and destroy all the original old banknotes.

Moreover, this Yibao Banknote lasts for three years.

In other words, the court shall not issue new banknotes within three years. Three years later, the court shall recycle these 100 million old treasure banknotes and place new banknotes.

100 million new banknotes are exchanged for 100 million old banknotes.

Last year, the imperial court actually issued new banknotes and recycled old banknotes, so there were not too many treasure banknotes on the market.

Compared with the huge amount of currency in the world, the banknotes issued last year have not had much impact.

Next year, 100 million will be issued, which is a bit large, but after the recycling of old banknotes is destroyed, it will be under control compared to the total economic volume.

He was not allowed to issue new money for three years, which made Cheng Qian think that he would make money by constantly issuing money, and that he would not be able to make money through excessive money.

In addition, Ma Zhou also proposed a condition for issuing money, that is, these money cannot be issued directly.

Instead, the court's Ministry of Revenue issued bonds and then purchased them by the central bank. The court sold the bonds and obtained the money, using the court's taxes as collateral. The money received was not directly used to pay salaries and rewards, but must be used in infrastructure such as water conservancy facilities, road traffic, canal dredging, etc.

The purpose of such restrictions is to allow the money to be circulated quickly and enter the market and the people's hands, and also to make the money more valuable.

Cheng Qian didn't understand this very well, but he finally reluctantly agreed.

One hundred million in three years, and in the future, new banknotes will be replaced with old banknotes, one year after another. Perhaps the issuance volume of each banknote will increase by 10,000 yuan in the future, but there are indeed many restrictions.

There are many restrictions on issuing money, and he also realized that if you don’t have a principal, it will indeed cause a lot of trouble. After all, paper is not money.

If you print too much money and have less goods, it will inevitably mean that the money in the hands of the people is worthless and will be as big as the trouble caused by the Supreme Emperor last year.

But gold and silver are different.

Gold and silver are natural currencies, and they are even considered commodities themselves.

Changsun Wuji's family discovered the big gold mine in Yili, and Zhang Chao's family discovered the big gold mine in Luzon. Chengqian was very envious. These gold mines were all in their private territory and had nothing to do with him, Li Chengqian.

The output of gold and silver in the Tang Dynasty was extremely low, and it turned out to be only 10,000 taels of gold and silver in a year. Later, the imperial court was able to find many gold and silver ores, and the output also increased a lot. However, the annual output of 100,000 taels was still too rare for such a huge empire in the Tang Dynasty.

There is a shortage of gold, silver and copper, which is far from meeting the needs of currency transactions, so there are all paper money today.

The largest gold production area of ​​the Tang Dynasty is now in Lingnan.

It was only developed in recent years. There were many gold mines found in Yongzhou and Jiaozhou in Guangxi. The imperial court had the same policies as other minerals for these gold mines, allowing private mining, first obtaining a mining certificate, and then paying contract mining fees. Finally, the imperial court would collect the gold mined and directly paying the gold. After the money was finished, the mine would also pay business income tax.

Anyway, you can open a mine at will, and as long as you have a certificate, the tax will be quite heavy.

However, the amount of gold and silver produced by the Tang Dynasty was still too small, and it was mainly inflowing gold and silver through foreign trade. On the one hand, the imperial court adopted relatively strict control measures on gold, silver and copper, such as prohibiting the burial of gold, silver and copper ware, which had strict restrictions on gold, silver and copper manufacturing, and imposed heavy taxes on such products.

This allowed the court to obtain more gold, silver and copper to mint coins.

Now the imperial court cannot help but mint coins in private, and only manage them but not prohibit them.

Whether it is the court or the private, whoever has the ability to get gold, silver and copper can mint more coins and naturally make more profits.

Chengqian had heard that there were also a lot of gold and silver in Yunnan, Qianzhong, Jiannan and other places, especially in Yunnan. It is said that many silver mines were found and the reserves were still large.

"Many gold mines were found in the Jinsha River Basin in Yunnan, and many silver mines were found in Nanzhao. In addition, gold mines were also found in northern Liaoning!"

However, these gold mines are not as good as the gold mines found in Yili and Luzon. The gold mine reserves in both places are both higher and easier to mine.

"I expect that Yili and Luzon's two major mines can harvest more than 200,000 taels of gold a year. If gold imported from overseas by the imperial court and produced in other places are added, the Tang Dynasty can add one million taels of gold this year," said Fang Xuanling.

More than one gold mine was discovered in Luzon, but many gold mines, which are estimated to produce 300,000 taels of gold a year, while Yili's gold mine can produce 100,000 taels a year.

The gold mines from other parts of the imperial court combined can produce tens of thousands of taels a year.

Through trade, you can get back 500,000 taels of gold.

Million taels of gold make people's heart beat faster.

A gold coin now contains eight coins and eight coins of gold, worth twenty guan copper coins and one million taels of gold. If all of them are cast into gold coins, it will be worth more than two million coins.

This is not paper money, but a truly valuable gold coins. If this kind of gold coins is put into the market, it can greatly stabilize the money market. If there are too many paper money, it will depreciate and prices will rise. However, even if 20 million new gold coins worth a year are added, it will not have any bad impact on the entire market.

With the current total commodity economy of the Tang Dynasty, 20 million is nothing. Gold coins worth 20 million will only have a more positive impact.

Jiannan, Qianzhong, Guangxi, Yunnan, these places where the Tang Dynasty is now relatively backward and even has low control, are the places with the largest amount of gold and silver mines.

Chengqian felt that even for gold and silver, he had to further strengthen control over these places.

"Zhao Xiang mentioned it before, saying that it is necessary to implement land reform and return to the southwest region. I think this is also a good plan. But the imperial court did not take action before, and the situation is stable now. I think the time has come. What do you think?"

The so-called transformation of land and flow was also first proposed by Zhang Chao.

In the south of Jiannan Road, Qianzhong Road and Yunnan Road, many places are actually local people. The imperial court set up many jailuzhou and appointed the leaders of the barbarians as governors and other officials to let them rule themselves.

The core of the ruling system is naturally that the court has nowhere to do with these border areas. If it is impossible to conquer them by force, it will be controlled by this ruling system. As long as the barbarians on the border express their submission to the Central Plains court, the court will grant them official positions and set up prefectures and counties on their territory, but in fact, it is still natives' autonomy.

However, with such a nominal judiciary relationship, it would be much easier for the people of the Central Plains to enter, and the two sides would have more economic and cultural exchanges. When the Han power infiltrated almost the same, the court might directly set up a county or something, swallow it little by little, and include it in the direct jurisdiction.

Lingnan was the same at that time. Later, Zhang Chao came to cross the river and changed his territory and returned to the current in Lingnan with a tough storm. Although he rebelled a lot and fought several battles, he finally straightened Lingnan directly.

However, because Lingnan was developed earlier, it has a certain foundation. Even those powerful people were mostly Han people.

But in the southwest, the situation here is very different.

For example, in Yunnan, the imperial court established Yunnan Road, but in fact, this is the sphere of influence headed by Nanzhao.

The biggest problem here is that the number of Han people is very small, basically everywhere in barbarians, and the transportation is extremely inconvenient, and the mountains are steep.

The court wants to change the land and return to the current state, that is, to establish true rule, rather than native autonomy.

Fang Xuanling felt that he was not in a hurry.

"I think it can be done in steps. First, build roads and build a few traffic avenues. Whether it is marching or garrisoning or trade, it is much more convenient. Build a few major traffic roads to run through Yunnan, Jiannan, and Guangxi in Guizhou, and then build some towns along the road to station troops and farm."

"Build roads, station troops, then farm farms, then build schools, suggest meetings, promote Han culture, and then organize households and people."

"Will it be a little too slow?" Cheng Qian asked.

The Tang Dynasty even had the credibility, so we couldn't handle it even in Yunnan Qianzhong, which was close to the Central Plains.

There is basically a consensus among the Tang Dynasty courts.

That is, the barbarians must be conquered. The Tang Dynasty has the responsibility to promote Han civilization and help them get out of that barbaric and backward lifestyle.

Many barbarians in Yunnan are still pursuing a slash-and-burn lifestyle, living like a savage.

The Tang Dynasty has the responsibility to help them.

Think about how many gold and silver mines there are in Guizhou, Yunnan, and how much land there are. Even if there are many mountains and rivers, you can still open terraces to plant rice and potatoes.

The most important thing is that everyone has a consensus that with such a group of poor neighbors, these people will inevitably come to rob the rich neighbors every now and then.

The barbarian neighbors have a hard life and are inevitably robbed. Even if they surrender in name only, they are not always rebellious. In order to ensure the peace of the border, the court also needs to conquer and rule there.

The Tang Dynasty traveled thousands of miles to explore the Xihai Territory, the Daxia Territory, the Hezhong Territory, the Liaobei Territory, the Xindu Territory, the Funan Territory, etc., but there was no reason to forget the area at the doorstep.

It's so big that it's stuck there like a dog's skin plaster, and it's uncomfortable not to get rid of it.

Wei Zheng has always been an anti-war faction.

He has always believed that military force will perish if he is wary. He believes that expanding territory is just the emperor's great joy of merit, the soldiers bleed and the people will be responsible for their military service, which is really a waste of people and money.

Especially now in Yunnan, the barbarians in the southwest of Qianzhong and other southwest have surrendered to the honest, so why bother to fight again?

"Replacing the land and returning to the current will inevitably lead to rebellion in the southwest barbarians. Then the war will begin again and there will be no peace."

Fang Xuanling disagreed with the old classmate's words, "If it were as Wei Gong, the court shouldn't have pacified Lingnan at the beginning, and shouldn't have conquered Goguryeo, wiped out the Turks, and pacified Tuyuhun?"

"I think it is not advisable to conquer blindly by force."

"If you have the ability, don't you win, do you have to wait for the future barbarians to counterattack?"

Cheng Qian looked at the arguments of several important officials and smiled, "What Mr. Wei said makes some sense, but I thought it was time to take action. The Grand Master once said that I still remember it deeply. Between countries, there is actually the prevalence of the weak, and the law of the jungle is passed on."
Chapter completed!