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Chapter 36 Exchange of Interests

“'Singhan Bank'?"

"The saint is indeed called 'Xinghan Bank', and its predecessor was 'Hanyang Qianhao'."

After hearing about the big news in Ruzhou, Empress Changsun summoned Li Wanshun to inquire. As the confidant of the queen with the strongest ability to move in the Gyeonggi area, Li Wanshun's intelligence collection ability is quite good.

"How about the silver number of Hetian family?"

"this……"

Li Wanshun hesitated for a moment, lowered her head and said seriously, "This 'Xinghan Bank' seems to be a little different."

A few years ago, the Royal Bank that Empress Changsun built mainly took "money tax" and coins, and Luoyang also made silver dollars, which was to use China Resources silver dollars to change.

However, the official issuance of the bank dollar has not been carried out for a long time. It means that it was first circulated on the market and the official endorsed it, but it is legal and unruly.

The reason, or the only reason, is that Li Shimin plans to ask his wife to issue new currency after he dies.

This is a great achievement to give up, because the current Kaiyuan Tongbao can no longer fully meet the currency circulation in important cities.

Not to mention that in overseas territories now, there are a large number of Kaiyuan Tongbao imported, and the "money shortage" still exists objectively in most areas.

Big cities and megacities are in a state of "inflation", and China Resources Bank Dollars and China Resources Flying Tickets all exploded under this situation.

The large amount of cash that Empress Changsun had in the end was just used to lend money loans. The person in charge was Li Wanshun. In the five capitals, there were white gloves trained by Empress Changsun.

Originally, Empress Changsun thought that "Xinghan Bank" might also do such a thing, but after a brief inquiry, she knew that there were so many powerful people who participated in the stake, and it was impossible for her to create such a huge fortune just to lend money.

Li Wanshun also found out a detail that each company has a stake in "Singhan Bank" and does not have the right to directly participate in the operation.

What's the purpose?

Queen Changsun didn't understand, but suddenly she thought that her daughter Li Lizhi also had a stake in "Xinghan Bank", so she ordered someone to go to Chang'an and ask the Lord of Longqing Palace to come to the capital.

In the eyes of Empress Changsun and many bigwigs in Hongwen Pavilion, will the "Singhan Bank" that suddenly popped up in Wuhan plan to compete with the court for "money tax"?

After all, the production unit of China Resources Silver Dollars was the first casting workshop of Hanyang Iron and Steel Plant.

Moreover, Wuhan also has channels to obtain gold, silver and issuance of currencies in a stable manner.

However, the people from Hongwenge did not know that by the 25th year of Zhenguan, the scale of Wuhan would not be a gold standard, silver standard, but only a "industrial production standard".

The mining speed of silver and gold in the entire Tang Dynasty, including the Southeast Sea region, is definitely not as good as the economic development speed within the Tang Dynasty.

The "money shortage" will become more and more obvious, so even if we want to issue circulating currency, Wuhan will only try to rely on China Resources Flying Tickets, and it is not based on gold or silver reserves, but on the total industrial product output from Wuhan, Hubei and even the entire Yangtze River Basin.

There are probably two reasons why the official tickets that the imperial court tried to issue in the past few years that were unable to compete with China Resources tickets.

First, the private market is afraid that this is the "White Deer Coin" of the Zhenguan Dynasty; second, the official flying tickets sometimes exchange for Kaiyuan Tongbao and the silver coins are insufficient, and in this case, China Resources flying tickets have not had such a problem in more than ten years.

So over the past few years, the main profit of the money market controlled by Empress Changsun was still only usury, and it was usury targeting the middle and lower classes.

The establishment of "Xinghan Bank" this time was not a sudden outbreak, but was planned for about five years, based on the credit of Wuhan officials over the years, or Zhang De's face that has been trustworthy for more than ten or twenty years. In addition, Wuhan's huge market and industrial productivity are used as a bargaining weight to gain greater and richer profit returns.

The court's delay and backwardness made the powerful and wealthy people in the Yangtze River Basin really unbearable. Then, they took the opportunity of the Wuhan Shangluo delegation to act in a high-profile manner. Finally, in Ruzhou, the Luoyang portal, suddenly made efforts.

The result is also quite satisfactory. The majority of local officials who recognize Wuhan's credit are. Even the guys who are not on the side still believe in Wuhan's credit, or the credit of Zhang De, China Resources, Zhongyishe, etc.

At this point, if the "China Resources" flying ticket is connected with "Xinghan Bank" and "Xinghan Bank" says it is money, then the China Resources flying ticket will indeed become money, and in essence and nominal terms, it will completely become "money".

With so many powerful people working hard, it is impossible even if the central court wants to stop it. It can even be said that when the great court opens, from the inner court to the outer court, there are more people who talk about this "good thing" that has benefits but no harm.

Even Emperor Li and Empress Changsun themselves agree with this because the money on the market is indeed not enough.

Fortunately, "Xinghan Bank" does not intend to issue currency, at least there is no need at this stage. China Resources Flying Tickets already have substantial monetary functions. For "Xinghan Bank", there is no need to fight for another name, so as not to stimulate the court and cause unnecessary struggles.

The large-scale action of "Xinghan Bank" this time is mainly for medium- and long-term layout. The scale of Wuhan in Zhenguan's 25 years is already the expansion limit of the existing super cities. No matter how large the city functions are, the city will be overloaded, which will cause the city to be unable to operate.

The diversion of market, population, technology and funds is the established fact of the future.

But how to divide the traffic and where to divide it is worth discussing.

All shareholders who have stakes in "Xinghan Bank" have their own interests. For example, Fang's second son, Fang Er, hopes that Wuhan will divert technical talent funds to "Nanchang" and then expand the official road to Guangzhou in one go. If possible, after the "Han'an Line" railway project is over, it is best to build a railway from Nanchang to Guangzhou.

For the Changsun family, Suzhou and Hangzhou are best integrated, and then a railway from Suzhou to Shanghai town needs to be built to greatly increase export capacity.

It would be even easier for the powerful Haidong to build ships, build large ships, build ports, docks, shipyards, opening sailor schools, and nautical colleges in Yingzhou...

No matter which one, it requires a lot of money to be used, as well as Wuhan's advanced technology. The risk of fighting alone is extremely high, and with "Singhan Bank", it is equivalent to combining the strength of each company, and the risk will naturally be greatly reduced.

External shareholders have ideas, and Wuhan also has a goal, that is, to concentrate various resources, kill the Jingxiang wealthy clan in one go, and not give the Jingxiang wealthy clan a chance to turn around.

The irreconcilable contradictions between the two sides are the grudges, love and hatred accumulated over the past decade, and it is no longer possible to make peace through simple dialogue.

The closest big city to Wuhan is Jiangling, Xiangyang, and Wuhan diversion of funds, technology, market and population. This is the best choice.

However, if the local wealthy families in Jingxiang are not calculated, these resources will be diverted to the past, and they will be "enemies of capital", and they will be purely meat buns and dogs that will go but never return.

It is no different to dream that the powerful people in Jingxiang can give up their land, population and governance through negotiation, bribery and intimidation.

Similarly, the powerful people in Jingxiang cannot take their own life. The conflicts, small frictions with Wuhan, the "resentment" accumulated over the years, and the fear of the future have all prompted them to be crazier and cruel, and they will never give in at all.

Because Jingxiang takes a step back, Wuhan will take a step forward, which is obvious.

The rich people of Jingxiang are not good birds, but the upstarts in Wuhan are good people?

The eldest brother doesn’t laugh at the second brother, and the crow doesn’t laugh at the pig black.

The entire Wuhan Guanshang Group and the allies of Wuhan Guanshang Group have been unimaginable in the political, economic and social resources that have been invested in in this promotion of the "Singhan Bank" this time.

Especially for the split of the Ministry of Works, it gave great support to the central court. This kind of exchange at the political level, negotiations cannot be said to be protracted and cannot be arranged in one or two years.

More importantly, the entire process must be kept confidential. The specific persons who handle it are giants recognized by both parties and have absolutely great strength.

It is no accident that Xue Dading stood out.

After the exchange of "Singhan Bank" and the de facto "Governor of Hubei", for the central court, it can not only weaken the local eldest tribes, but also increase exchanges between the north and the south. Overall, it is a stable profit without losing money.

After all, in the 25th year of Zhenguan, it was possible but not feasible to rely on small peasants to maintain the imperial rule.

Unless we fight with the "upstarts" in Wuhan, this is something that both sides don't want to see.

The highest power of the empire and the strongest power of the people will only benefit the eldest aristocratic families who have been scattered on the local arable land for hundreds or even thousands of years.

Whether it is the highest imperial power or the official and business groups in Wuhan, the common purpose is to kill the eldest clan, release the population, reduce the cost of talent training, and reduce the difficulty of selecting social elites.

In the long run, the imperial power has become an unprecedented victory in talent selection, and the talent pool has changed from seventy or eighty to thousands of poor families and local tyrants.

If the talent pool further becomes millions of households across the country, it would be an unprecedented feat. To achieve this level, even if the imperial power declines one day and the empire must perish, the consequences of the royal family may not be too miserable.

Before his death, Li Shimin had achieved achievements far exceeding his dynasties and thoughts, and his thoughts had transformed from an unrealistic "forever foundation" to a more affordable and realistic need.

So when Ruzhou was full of fire, Li Shimin could have predicted how cruel the poor families in Jingxiang and the common people who were suppressed by aristocratic families would be after Zhang De became the "Governor of Hubei" and revenge against the aristocratic families in Jingxiang and Xiang.
Chapter completed!
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