Chapter II Financial Education
After Liu Ji reported on the situation of the army, Zhang Juzheng came to report on the financial situation of Xia State.
"Your Majesty! The total fiscal revenue in the sixth year of Tianqi was 560,000 taels and the total fiscal expenditure was 530,000 taels. Compared with the previous year, the total fiscal revenue increased by 30%, and the expenditure also increased by 30%.
Yang Song nodded and thoughtfully, it was about one or two summer coins per capita, and this number was not much. On the contrary, in Yang Song's opinion, this number was still a little less, but there was no way. Who made the current Xia Kingdom still a farming society?
The Xia Kingdom has a strong purchasing power for issuing paper money. One or two summer coins can buy about 500 kilograms of rice, which is enough for an adult to eat in a year.
In Tianqi City, a two-story building covering an area of 100 square meters has a market price of about 120 taels. In other counties and towns, this number is even lower.
"The country's per capita annual income this year is 12,200 yuan, seven cents, an increase of 10% over the previous year." Zhang Juzheng continued to report: "The country's fiscal growth rate is so high, all due to the results of the fiscal reform implemented this year. Seventy percent of the fiscal revenue was collected after the reform."
"Since fiscal reform is effective, we must keep it and continue to work hard." Yang Song encouraged that as long as it is growing, this is a good phenomenon.
"Yes, the emperor, the minister will do his best." Zhang Juzheng stood up and saluted.
Most of the Xia State's finances come from taxation, and a small part comes from state-owned enterprises, among which taxation from the industries of Yang Song, the monarch, accounts for a large part of the fiscal revenue.
Just these data are due to the increase in population of Xia by hundreds of thousands. It is conceivable that in addition to normal fiscal growth, how much tax revenue is from Yangsong industry.
Before Zhang Juzheng could sit down again, Yang Song continued: "A new naturalized city was established outside Shanhaiguan, and a tariff would be added to tax the goods entering the country."
"Yes, I will accept the order, and the lord is wise!" Zhang Juzheng heard Yang Song's words and agreed with the tariff collection. As long as the Guihua City becomes prosperous, the Xia State's finance will have another new source.
Yang Song has been very clear about the importance of tariffs since a long time ago. He was preparing to test whether he could increase fiscal revenue by asking Changsun Sheng to open a trade route in the past, but who knows...
Zhang Juzheng bowed to Yang Song, sat down and continued: "Due to the change of the 'Golden Egg Plan', the manufacturing of gold coins outside the pass has been stopped. A total of 10 million gold coins outside the pass have been manufactured, and 250 tons of gold have been consumed."
The number of gold coins was approved by Yang Song, and paper money of the same value was also reserved for foreign trade.
Now these gold coins and paper money are useless. Only after the trade is opened, after the trade is opened, can these gold coins and paper money be truly valuable after trading outside the pass and exchanged valuable materials.
Simply put, the current gold coins are just a pile of metal in the warehouse. Once the trade is opened, gold coins are exchanged for grain and minerals, these gold coins are real "money"!
Not only that, Xia State also prepared Xia State banknotes of equivalent value. As long as they have passed the credit test of merchants in the early stage, the effect of these banknotes is much more valuable than that of these gold.
"Very good, the commerce in Guihua City is about to begin, and this is the focus of future work." Yang Song said.
"Yes, sir!" Zhang Juzheng then reported various financial details, such as how much money was spent in the five newly built towns in the Linhai Basin, and how much was spent in each place, etc.
Next is the summary of the Department of Hospital Affairs, which was reported by Yang Lilaihui: "In terms of education in Tai College, the main issue of school construction in the five towns in the Linhai Basin, the construction has been carried out according to the goal of one county having to have a high school, one town, one junior school, one village, one primary school, and elementary school. Now all have been completed and students can be recruited in the next year."
Yang Song attaches great importance to education issues. Because the original university was not equipped with enough teachers and insufficient knowledge of students, he was demoted to a higher education.
But after obtaining 5,000 talents, most of the teachers in the 1,500 were still from universities and high schools, but they added a lot of help to the education construction of Xia Kingdom, so the university was rebuilt, located under the hillside north of Tianqi City.
The original school was set up with one county, one junior school, one town, one primary school, one village, one elementary school, but Yang Song found that such a setting was not conducive to the development of Xia State's education, so he discussed it with Zhu Xi, Liu Ji and others and then raised it one level up.
In this way, it happened that Tianqi City had universities, high schools at the county level, beginners at the town level, primary schools and primary schools at the village level, and the entire education system was initially established and improved.
Only professional schools of all levels are still under construction, and those within the military academy are also under planning. It is expected that construction will be completed by the end of next year.
All the expenses in education were spent by Yang Song’s private finances, but this fiscal expenditure almost cost Yang Song his life.
In particular, the upgraded education system has not only invested all the income this year, but also invested all the wealth accumulated in previous years.
In the end, if the Finance Department had not provided some financial support, he, as a monarch, might not have had enough food - although he also had a monthly salary of up to ten taels of summer coins!
Although it is huge, the result is gratifying. Except for a few schools in the country that have not been completed, all other schools can be recruited after the beginning of the year!
As for the issue of students' tuition fees, it was implemented at the beginning with a free system for primary schools. Primary schools only paid one-third of the tuition fees, and beginners only paid half of the tuition fees, and only higher education and universities only paid all of them.
This is a large amount of expenses. If it is not decided that the tuition expenses will be borne by the state finance, Yang Song's little private property and the current scale of Xia Kingdom, it is not enough to sell meat! - This is also one of the reasons why fiscal expenditures are increasing year by year.
"The Academy of Sciences is still improving the steam engine." Yang Li then reported on the technology side. Since Shen Kuo made the rough and useless steam engine, the Academy of Sciences has been improving, and until now, there has been no results.
"The Imperial Hospital, the greatest achievement this year is to join forces with the Intelligence Department to solve the plague problem outside the pass." Yang Li felt honored when talking about this, and this was a good deed to save the people.
Because Yang Song ordered Li Shizhen from the Imperial Hospital to resolve the plague outside the pass, his image in the hearts of ordinary people suddenly became taller.
It is precisely because of this that he has greatly changed the image of the monarch who is cruel and kind to the outside world in the hearts of many people and has become a tolerant king. Those who originally only respect him have become respected by him.
Even in terms of people's hearts, there has been a great increase. In the system, it has changed from [good] to [loyalty], which is a very big improvement.
You should know that over the years, no matter what achievements he has made, whether it is expanding territory or sturdy the people, it has never changed in the hearts of the people. However, at this time, preventing and controlling plague outside the pass is just a part of Liu Ji's plan, but he has gained unexpected gains in China!
So Yang Song had to sigh how amazing the wisdom of Liu Ji and Liu Bowen was. It is estimated that Liu Ji strongly suggested that he use indigenous prisoners at this time, because it was because of other domestic factors! It was just a pity...
Chapter completed!