Chapter 643 Origin of Counterfeit Currency
The next day, morning court.
Wang Qiong stood in front of the civil servant of the Ministry of Revenue, and the front of the Ministry of Justice was Chang Yuanxi, the right assistant minister.
As soon as it was decided, Emperor Hongzhi began to discuss the court: "Can the counterfeit currency have a result?"
Chang Yuanxi glanced at Wang Qiong in embarrassment, and wanted to figure out how one day was enough? He had to shake his head and responded that it had not yet.
False currency will cause inflation.
The Baoyuan Bureau of the imperial court was issuing silver notes and coins, and the market minted silver notes and copper coins privately. As the amount of currency increased, it depreciated.
And the silver notes were drawn, which deceived merchants from freight exports to the sea.
Emperor Hongzhi's heart was fluctuating and looked at Yan Chengjin again: "Yan Qing's family, I heard that you are ordering someone to investigate."
"Yes." Yan Chengjin bowed and said, "I want to impeach five people, including Chai Sheng, Wang Qiong, Chang Yuanxi, Han Wen, Li Wenjun."
As soon as the topic changed, the few people who were pronounced with their names suddenly became nervous.
As if he was bitten by a snake, Chai Sheng looked at Yan Chengjin with a pale face: "We are discussing the court. What are you impeaching us?"
As everyone in the court knows, Yan Chengjin has not been impeached for three months.
Everyone's eyes turned, but Yan Chengjin didn't speak.
At this moment, Liu Lai stood up and said: "The five adults learned that the silver notes had counterfeit coins, and they exchanged all the silver notes of Hongzhi merchants into silver, which almost caused the merchant to collapse.
This matter is small, and what's worse, now all the gentry in the capital knows that there are fake silver notes and they all want to run them!"
Now Chengxian Street is full of gentry, and they are all going to exchange for silver.
The fake copper coins have not yet been returned to their value, after all, they are real copper.
But fake silver notes are just a piece of waste paper!
Emperor Hongzhi's face turned purple like an eggplant. These guys did not handle the case, but instead exchanged the silver notes first: "How about this!"
Wang Qiong took the lead in surrendering and knelt down with a thud: "I have only changed five hundred taels..."
This is true. Wang Qiong's money is used to buy gifts.
Yan Chengjin looked at Chai Sheng, who was a rich family and exchanged more than 80,000 taels of silver bills.
At this moment, Chai Shengqi said ai: "I know my guilt! These are my salary. I want to buy a mansion and take it out, not because of fake coins."
It is understandable to withdraw your own money and use it. Your Majesty must not let him use it, right?
All the officials cursed in their hearts.
Yan Chengjin proposed it in the court, which clearly used the reasons for impeachment to block them from exchange for silver notes.
Now that Your Majesty knows, who dares to exchange silver notes?
Emperor Hongzhi looked at Yan Chengjin with some concern: "Does Yan Qing's family have any flaws?"
If you don't find out clearly, the silver bill system will collapse, like treasure money, worthless.
Yan Chengjin said: "Not yet, I am not sure to find out."
He sent someone to Baoyuan Bureau yesterday, found a little clue, and sent someone to Tianjin Wei overnight.
But I can't tell Your Majesty yet. If I can't find out, wouldn't I be very happy and collapsed. This is something I need to consider.
Behind him, Zheng Gan and Liu Lai and others looked up, saying that Lord Yan is old and steady.
Li Dongyang didn't believe it, and Yan Chengjin must have made plans again.
Only gentry can afford silver notes. Once gentry is not used, they are waste paper.
Emperor Hongzhi said in a deep voice: "I will pass on my decree. Within ten days, each household will not be allowed to exchange more than 5,000 taels. The Censorate will also conduct a thorough investigation."
Even if it can be exchanged for 5,000 taels, it is still a huge amount. There may be tens of thousands of people in the capital and foreign gentry.
Five thousand taels, that is fifty million!
The longer the delay was, the more the gentry wanted to exchange all the silver notes.
"I obey the order." Liu Lai said.
Liu Jian took a deep breath. The Economic Department was just a hot potato, and being a Jinyiwei hundred households was better than this.
I feel sorry for my son. If I can't find out, I will punish Yan Chengjin and Liu.
Yan Chengjin was outside the hall gate and made a special trip to Wang Qiong, "Mr. Wang followed me to go to the mansion for a trip?"
"Discuss on counterfeit currency?"
"No, check how many fake coins are in my warehouse."
Wang Qiong was not happy anymore. He was not specifically looking for counterfeit coins for people: "Mr. Yan, you should find out the culprit of copper coins first. If you delay it for a day, the silver bill will be even less valuable."
"I have sent someone to Liangxiang to investigate, and there is a hint of clue." Yan Chengjin said.
...
Liangxiang is as lively as a temple fair.
After wandering around the street, Qian Donglai found that the price was several times lower than that of Jiangnan. He could make a few times the difference when he went to another place.
But after three days in Liangxiang, he bought nothing.
The two servants accompanying him asked, "The boss only sells the goods once every half a month. If you don't buy them, you will be sold out."
Qian Donglai said patiently like a scholar: "The most profitable thing is not to do business, but to join the Liangxiang Chamber of Commerce."
Based on his judgment of Liangxiang Chamber of Commerce, sooner or later, the Shanxi merchants will surpass Shanxi.
When he walked into the chamber of commerce, he saw a slightly round belly yelling. He knew that he was the vice president of the chamber of commerce, so he bowed and said, "Wang Dongjia, Qian wants to join the Liangxiang Chamber of Commerce."
Who doesn’t know that Liangxiang Chamber of Commerce makes money? When Wang Busui saw that it was a Confucian businessman, he said, “If you don’t recruit me, that adult will not accept it long ago.”
Qian Donglai felt disappointed and said unwillingly: "Can you let Qian meet Xie Dongjia?"
He and Xie Yu were small merchants who were doing business in Jiangnan. In just three years, Xie Yu was helped by heaven and became a wealthy businessman.
Xie Yu turned his head when he heard the sound and saw a familiar figure standing in the hall: "Brother Qian has entered Beijing?"
"Brother Xie, Donglai wants to join the Liangxiang Chamber of Commerce. This is the one thousand taels of silver I raised." Qian Donglai took out his wallet.
One thousand taels seem to be a lot, but joining the Chamber of Commerce is not enough.
Xie Yu looked embarrassed and did not accept money.
Qian Donglai said: "There is too little silver?"
"No, that adult doesn't want money. I can be the president of the Chamber of Commerce because I can make a decision." Xie Yu looked at Wang Busui: "Look at Wang Dong's family, he can also do his job so that he can be the vice president.
That adult is not short of money, he only values his ability."
Qian Donglai knew that Liangxiang Chamber of Commerce was related to the yamen, "I didn't expect that Lord Zhang would care about this."
Xie Yu shook his head: "It's not Lord Zhang, so I can't say anything more. Besides, Xie is going to receive the red card."
Seeing that Xie Yu was about to see him off, Qian Donglai hurriedly said, "I have some skills. I know the source of the counterfeit currency. Please recommend Brother Xie."
He has been in business for many years, and there is no material he doesn't know about.
He could tell at a glance that the white dew tea in Hongzhou was mixed with Yangxian in Changzhou.
Once you touch the silk, you can tell whether it is produced by silkworms in the south of the Yangtze River or silkworms in the north of the Yangtze River.
If it weren't for the government's exploitation, how could he only make this little money?
Xie Yu's pupils shrank, "Mr. Yan is looking for someone who minted fake coins in private."
...
Capital City, Chengxian Street.
Yan Chengjin asked Wang Qiong to count it. Two months ago, the silver notes entered the warehouse included fake coins.
Wang Qiong was sweating profusely: "Mr. Yan, can you tell me the clues you know, right?"
"Actually, I don't know much, I only know that this batch of counterfeit coins was obtained from Tianjin Customs."
"Aren't you cheating me? Is it still what I told you!"
Wang Qiong stood up and became a little angry.
He Neng came over and reported in a low voice: "Young Master, Xie Dongjia wants to introduce a Confucian businessman to join the chamber of commerce. The man said that he knew the source of the counterfeit currency."
Um?
Yan Chengjin turned around and Wang Qiong chased him out like an amnesty.
When he arrived at the main hall, Xie Yu was at a loss in the hall. He rashly recommended him, which was extremely dangerous. If Lord Yan was not happy, the position of president would be gone.
Seeing Yan Chengjin coming over, Xie Yu hurriedly said, "This person wearing a cage is Lord Yan."
Qian Donglai hurriedly seized the opportunity and said, "This fake currency comes from Zhenjiang Prefecture next to Nanjing. It is the old currency of Hongwu, Jianwen, Yongle, Hongxi, Xuande and other dynasties. Because the people are hiding at home, the dynasty has changed and cannot be used anymore, so it was bought by the gentry and reforged into new currency."
A hint of clarity appeared in Wang Qiong's eyes, and he suddenly realized.
Yan Chengjin said: "What's your name?"
Chapter completed!