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Chapter 135 Solutions

Zhao Shen has been in power for so many years, the first thing that is that the Northern Expedition has not improved at all. The second thing that is that he is helpless in the face of the copper coins problem. Anyway, he has thought about any method, set up a copper coins isolation area, and issued severe laws to prohibit the sale of molten copper coins and smuggled copper coins abroad. It can be said that he has tried all kinds of methods to prevent and hold the measures, but it has little effect.

Fighting with the Jin Kingdom, I was defeated! A large amount of copper coins were lost to the Jin Kingdom.

I have never won a fight with the criminals of the Song Dynasty. A large amount of copper coins were either sold or smuggled to Japan, Goryeo, Annan, Chameng and Shimao.

Zhao Shen is an emperor who is quite sensitive to finance and has an innate talent in financial management. Since there are strong enemies and treacherous people on copper coins, Zhao Shen’s final choice is to no longer bear it. He symbolically cast a little copper coins every year - 150,000 jin, which is less than one-thirty of the Shenzong Dynasty, and it does not guarantee quality. Zhao Shen said that our Song Dynasty can afford to lose 150,000 jin. The so-called loss within the question is supplemented with the question outside. Although Huizi is a loss, the issuance of Huizi is a good means for the imperial court to make money. In comparison, the loss on copper coins is nothing at all.

However, Huizi is good, but since the release of Huizi, prices have been rising again and again, and the harm is obvious. Sometimes when you think about it, you feel like a sword hanging on your head, which will fall off at any time, so you will always be unable to sleep because Huizi is unable to sleep.

To find a solution that can be solved once and for all, of course it is impossible to seek. Perhaps reforming the currency system is indeed imperative, but Zhao Shen, based on his political intuition, felt that things could not be done like this.

Zhao Dun was also eager to show his radical side. Ge Bi subconsciously focused on Zhao Dun, and at the same time he was well aware of the disadvantages of copper coins. In addition, because copper materials could be exchanged for the special zone's shortage indicators, the disadvantages of copper coins became even more rampant. Therefore, Ge Bi was in a hurry and said that the firewood was removed from the bottom of the pot and abolished copper coins.

Stay in a conservative way, Zhou Bida is considered to be a supporter, but he is a slow-moving faction, Wang Lin is acting like a soy sauce.

Obviously, reforming the currency system will affect the whole body, and those present cannot come up with a specific and feasible plan. Zhao Shen shook his head. Although he felt that Zhou Bida's words were very suitable for his own wishes, he was just using the trick to detach the word in the end. It is good to plan the country well, but he is a little inferior in his work.

However, after all, the culprit for exposing the old scar of copper coins is Mao Geng. If it weren't for the special economic zone's need for a large amount of copper materials, the problem of copper coins would not have been so prominent. Disputes such as "currency war" and "people's war" might not have attracted such widespread attention.

Zhao Shen believes that the person who tied the bell must be untied, and I don’t know if there is any better way for Mao Geng to do it.

*******

On this day, Zhao Yan received a letter from Fei Ge from Lin'an.

Speaking of which, the emperor's grandfather was very caring for him and required him to briefly report the situation here through a flying pigeon every day. In addition to the stormy weather, it should be said that until now, the information here has been transmitted to the emperor's grandfather through a carrier pigeon every day. However, the emperor's grandfather rarely sends information through a carrier pigeon.

After reading the translation, Mao Geng thought for a while, and then sent someone to invite Mao Geng.

When Mao Geng saw Zhao Yan frowning, he thought to himself that the emperor grandson had encountered some difficulties.

"Mao Geng, the copper coins are in trouble in Lin'an. What do you think?"

Mao Geng had read Yuan Xie's "Currency War", and Wen Yuan must be disturbing it. Well, later Wen Yuan passed on a letter from Fei Ge, saying that the "Great Song Jingbao" was also involved in the debate. This issue of "Great Song Jingbao" which contains the "Currency People's War" is still on the way, but Mao Geng knows the general argument, damn! Who is Wu Genmao? Wen Yuan? Han Tuozhou? His disciple? Or even Zhao Han?

"The Duke Mingjian, Wu Genmao, who was talking about currency wars in the "Great Song Jing News", is not me."

Mao Geng quickly left himself clear.

"Mao Geng, is it not important that you wrote it? What is important is that there must be an effective countermeasure to the disadvantages of copper coins. Look, Lord Han let go to Lord Han to collect copper materials, and took the copper materials to change the indicators. I won't kill Bo Ren, Bo Ren died because of me! Of course, we didn't want others to sell copper coins, but it is said that after the copper coins were sold, the copper materials came to the Special Administrative Region. This time, the copper coins storm was suspected of fueling the special zone, so how could you stay out of the matter! Do you know, even I am implicated by you!"

Zhao Han clearly wanted to put enough pressure on Mao Geng first, but Mao Geng did not think it was his own responsibility.

"Duke, the imperial court has so many copper yards, and it is not difficult to produce copper materials. Most of the copper materials used in the special zone are used for official business. If you want to prevent the copper materials that sell molten copper coins from entering the special zone, then the imperial court will only supply copper materials from the copper yard."

When Zhao Han heard this, he also knew that what Mao Geng said was true. In fact, the eleven copper fields in the Song Dynasty still had the potential to produce copper. These eleven copper fields were Cen Shui in Shaozhou (in today Qujiang, Wengyuan County, Guangdong Province), Liuyang in Tanzhou (in today Liuyang County, Hunan Province), Xinzhou Qianshan in Xinzhou (in today Qianshan County, Jiangxi Province), Dexing in Raozhou (in today Dexing County, Jiangxi Province), Caichi in Jianzhou (in today Shengjianyang County, Fujian Province), Tongshan in Wuzhou (in today Yongkang County, Zhejiang Province), Chishui in Tingzhou (in today Changting County, Fujian Province), Huang Qi in Shaowu Army (in today Shaowu City, Fujian Province), Aanshan in Tanzhou (in today Liuyang County, Hunan Province), Nanxi in Wenzhou (in today Yongjia County, Zhejiang Province), Tongshan in Chizhou (in today Tongling City, Anhui Province).

Among them, there were more than 100,000 people engaged in the smelting of gallshui in Shaozhou. The amount of gallshui produced was so large that even the government "had no capital to buy it."

"However, copper yards also have difficulties. The cost of using copper yards to mint coins must be controlled. The government's acquisition price is not high, and the copper yard is not profitable. People regard copper yards as a fear of smelting. There are few copper smelting companies in copper yards, and their output has been reduced and they have been declining. Now, even minted copper coins are not enough to use, so I am afraid it will be difficult to supply such rapid growth in copper yards."

What Zhao Han said is also the truth.

Censhui Copper Field produced an annual output of 800,000 kilograms of copper in the Northern Song Dynasty. Now the copper material produced is less than one-tenth of that in the past. Censhui Copper Field is no longer as grand as it was in the past. Zhao Yan also knew that this was also caused by the emperor's grandfather's intentional production limit. However, after more than 20 years of production restrictions, it is not easy to restore production capacity, but it also involves a price issue. The acquisition price is so low that the miners are not profitable, and it is even more difficult to increase production capacity.

Mao Gengxin said, this is not simple! Isn’t it going to solve the problem by using a dual-track price system?

However, Mao Geng knew that the matter was not that simple. After all, this involved the issue of copper coins, that is, the Song Dynasty's primary currency. The government implemented a policy of prohibiting copper, lead and tin, and implemented a policy of strictly preventing copper coins. If it exists, it is reasonable. These policies must have their rationality. It is also a temporary strategy to implement a period of price dual-track system in later generations. The drawbacks of price dual-track system are probably no less than the current copper coins.

What's more, it's better not to mention such unsure things.

Zhao Han saw Mao Geng shook his head, thinking that Mao Geng had no choice but to sigh:

"The copper coins are really a problem. Some people have proposed to abolish copper coins, big banks, iron coins, and gold and silver, so that they can be done once and for all, and there is no need to worry about the use of copper materials. Mao Geng, what do you think?"

Mao Geng was startled and immediately asked:

"The government wants to abolish copper coins?"

"This matter is still uncertain, and the officials are worried that it may be inappropriate to suddenly abolish copper coins."

After hearing Zhao Yan's statement that there was no conclusion, Mao Geng felt a little relaxed and said with a smile:

"Yes, shock therapy is not advisable."

This happened to Lu Jiuyuan coming in. Lu Jiuyuan took the conversation and asked:

"Shock therapy? How do you say this?"

Mao Geng slapped his head and thought to himself why he accidentally leaked his mouth! There was no way, so he had to explain to Zhao Yan and Lu Jiuyuan. However, neither of them were rigid people. Anyway, Mao Geng had created more new concepts, so the two of them were used to it.

Lu Jiuyuan also added the problem of copper coins and the reform of the currency system. He was slightly different from his disciples, and advocated exploring more and doing it carefully.

Mao Geng came from later generations. After all, his financial knowledge was much richer, and he also knew a little about the history of the Southern Song Dynasty's issuance of paper money. The issuance of paper money in the Southern Song Dynasty was originally an advancement in the currency system, but in the end it was also bad.

At this time, the gold standard was implemented, and I don’t know if it would work.

However, whether it works or not, it can be piloted in the SAR!

"Duke, I think it's better to try the reform of the currency system in the Special Administrative Region first and then promote it after the trial is successful. This is much less risky. How about it?"

The special zones in later generations have the function of taking the lead.

"How about copper materials, what about the most urgent copper materials?"

Mao Geng laughed and said:

"I have a few ways to deal with it temporarily. I can do a multi-pronged approach and may also help the Song Dynasty win the copper coins battle."

"really?"

"Duke, you have to know that the brass we use now has great mystery. There is a lot of articles to do here!"

Brass is a copper-zinc alloy. In this era, with zinc, the advantages are huge.
Chapter completed!
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