Chapter 1059 The Court's Response
The news flowed in the capital quickly. In just a few days, the saying that a merchant in Jiangnan privately destroyed copper coins and cast copper ware has been well known.
This time, it really caused a thousand waves, and everything was said. Some said that people were not in a good mood, some said that the court was not considering it, and some said that local governments were not doing their jobs effectively and should be dealt with seriously... This last article is inconsistent with the new official law that everyone knows now and countless people are quite popular. In any case, if something goes wrong in the local area, it is because the officials are not doing it well, so they should be severely punished, seized the official position and dismissed, and exiled, and greeted him in a set of ways.
It was not until a few days later that Zongheng Daily went public and the front page headlines also made detailed comments on the matter, which made many people find that things were more complicated than they had thought before.
After years of development, Zongheng Daily has become a great voice in the entire capital. Not only those scholars who know the text and literacy like to read it, but even officials do not miss each issue. The contents of this newspaper are different from each other. Ordinary people can see many interesting things happening around the capital, and officials can also grasp considerable internal information or shortcomings in their responsibilities, so as to make up for it.
However, Zonghengbao has basically followed the habit of not involving major affairs set by Li Ling over the years, and at most it is to comment on some cases that have been identified. This time, the case of Jiangnan melting money is far from finalizing, Zonghengbao suddenly spent a lot of space to report and comment on the front page headlines, which really surprised many readers who are familiar with their style.
However, after seeing the signature of the author of this article, many old readers of the Zonghengbao were relieved again. Because the author of the article was Xiaoyaozi!
Ye Qing, who was already the director of the clan, wore a sophisticated robe and sat in his own study room, leisurely savoring the tea. He took the newspaper he bought and looked at it casually.
Years have passed, Ye Qing, who was just an ordinary teacher in the clan, has become the one-only existence in the museum, and so many things have changed. For example, his dressing temperament, the quality of the tea he drinks has also gone from the original dozens of pounds per pound to the current one hundred pounds, and the current office environment...
But things have not changed. Every time he reports to the street, he will buy one and read it carefully, but Ye Qing has never changed.
When he casually scanned the contents of the newspaper and saw that Xiaoyaozi, who had been signed by the headlines for a long time, he was shocked: "How come he... still writes articles in the newspaper?" As a loyal and old reader of Zongheng Daily, Ye Qing had long known the true identity of Xiaoyaozi. He was not only one of the leaders of Zongheng Daily, but also an official in the court.
No, until now, this Lord has become a high-ranking official and no longer a senior official under any magistrate. Lord Li Ling, the third envoy who is in charge of the court's financial power.
Thinking about Lord Li’s current identity is more than just a lot of trouble. Will he take the time to publish an article in the newspaper? This is too unexpected! Ye Qing was full of surprise, but after carefully reading the content of the article, he finally understood the author’s good intentions.
This article is very simple and easy to understand. Even if it is mixed with some financial principles, it does not have any dyslexia for scholars like Ye Qing.
The content above is also very straightforward, mentioning that mobilizing money to make profits is not only an illegal profit, but also an offense to the court and a destruction of the entire Dayue financial system.
If Ye Qing still doesn't understand the first few sentences, then the explanation afterwards is like a wake-up call, analyzing all the disadvantages of this matter.
Some things Ye made a judgment after hearing about this matter in the morning, but there were a few that he had never thought of. Once the new money was destroyed so unscrupulously by them, the court would certainly be greatly affected and hit, but the most unlucky one was the people of the world.
Because they have lost the new money, and the fake money circulating outside is not much different from the original old money - no one will carefully judge what is engraved on each article, and too many people are illiterate - but these fake money is extremely fragile, and will break after one or two months, thus completely useless.
In this way, the broken money that is still in the hands of ordinary people will naturally be useless, but other broken money will be flowed back into the hands of the people without any guarantee in various ways. This is not counting. What is more important is that once this situation continues to deteriorate, the result will be that the entire copper coin system will be suspected, which will lead to merchants no longer willing to collect copper coins, and the government will only collect cash for taxes. At that time, these consumption and troubles will naturally fall on ordinary people.
"If you say that 800 coins can be exchanged for one tael of silver today, then in a few months, even 1,600 coins cannot be exchanged for one tael of silver... In this way, the price of silver continues to rise and copper coins are constantly being hated, it will be even more difficult for the people to find food and clothing..."
Looking at the few sentences that were summarizing here, Ye Qing's face also changed drastically and became a little pale.
Yes, if copper coins are not accepted by others, the consequences will be unimaginable and his family will be greatly affected. Even if his status has improved and his monthly salary is sufficient, it is far from the point where copper coins can be ignored.
As long as he thought about the consequences, Ye Qing was chilling. After a while, he continued to look down, but found that a solution had been mentioned in the article, which was to call on everyone to take all the new money in their hands and not let other ulterior motives of profit-willed people easily take it. Moreover, the court will definitely come up with a way to solve this problem. One of the initial strategies currently set is to use the newly issued real money "Tianyou Tongbao" as three old money.
In other words, this new money is counted as the past three. However, this is only in writing. At least the court has not yet issued a decree, and it is unknown when it will be implemented.
But in Ye Qing's opinion, this approach will soon become a reality. Because he knew Xiaoyaozi's identity very well. As Lord Li, who was in charge of the court's financial power, posted an article openly, which proved that it was only a few months before this matter came true.
He couldn't sit still after thinking about all this. He first took out his own wallet and carefully looked for a few of the "Tianyou Tongbao". This was a good thing with three pieces. After picking out these more than ten brand new copper coins, he quickly got up and went out. He wanted to go home to find all the new money hidden, and then hide it, and then exchange it after issuing decrees for the court in the future.
In fact, it was not just Ye Qing who was making this arrangement. As long as the entire capital read this article, heard people explain the content in detail, and knew the author's true identity, everyone began to be busy picking new money.
Soon, people outside the capital also got this information from the Zongheng newspaper, and some people began to deliberately hoard "Tianyou Tongbao". Anyway, these copper coins have their own value, and as long as you pay attention to what you get, you will naturally save a part of them.
However, in addition to these people who have considerable trust in the author Zonghengbao and Xiaoyaozi, many people have raised doubts and objections to this matter, and some doubts have spread among the public:
"How can the content in a newspaper be accurate?"
"That's right, I also heard that some merchants have already started to buy Tianyou Tongbao from others for a price of one penny and two pennies. Are they not afraid of throwing the money into their own hands?"
"I want to say that this is the news that the court has released to reduce losses. Even if Xiaoyaozi is really the commander of the Three Sessions, there is no need for him to put everything on the surface like this, right?"
"I heard that there are already censors who are impeaching Lord Li. It is unknown whether to impeach him and liar or disclose government affairs in the court..."
"So the best way to tell me is not to touch it, it is best not to keep the copper coins in your hands, otherwise who knows what the result will be..."
Various statements are rampant, but the court did not respond much to this, as if all this was really just written by Li Ling in a random pseudonym, which could not have become a fact.
However, as time goes by, by the winter months, there are really fewer Tianyou Tongbao on the market. Whether it is Luoyang City, the entire Jingjin area, or even the entire Central Plains, the latest, golden copper coins will no longer be used for people.
The forged new money brought up at the same time was also specially selected and refused to accept it. Compared with the local trend in Jiangnan, the situation has become very popular. At least hundreds of thousands of fake money has flowed into the market, which is difficult to curb. There are still very few fake money in various parts of the Central Plains, and the losses of ordinary people are not huge.
The only disadvantage is that many businesses now don’t want to collect copper coins, especially those who trade larger. They would rather have to test the money and then cut it with scissors and weigh it, than to find fake money from hundreds or thousands of copper coins in more trouble.
This naturally affects the value of other copper coins, which makes the ratio of copper coins to silver really go down all the way, almost to the point where one thousand two hundred copper coins are less than one tael of silver.
Just when many people complained about this and didn't know what to do, the court finally issued a government order, stating that starting next year, a brand new currency ticket will be launched, and taxes and other things will be collected from this currency. The previous exchange of Tianyou Tongbao was also exchanged for such money tickets.
Chapter completed!