"Ji Qing," Zhao Ji asked, "What do you think of the Jurchens' proposal?"

"Your Majesty," Ji Yi replied, "I think that you should not have the intention to harm others, and you should not be unpredictable. For the Zhou State, the court should not have the idea of ​​attacking, nor should it be neglected to prevent the Zhou State from attacking. Therefore, it is not feasible to join forces with the Jin State to encircle the surrounding state, but it is necessary to build a bastion in Hebei to prevent the Zhou State from invading.

As for providing artillery to the Jin Kingdom... Jin Kingdom was not an enemy of the court, but a vassal state of the Song Dynasty. Now the court does not prohibit the export of artillery to Liang Kingdom, Xia Kingdom, Jiaozhi Kingdom, Donghai Kingdom and Zhou Kingdom (the artillery of Zhou Kingdom is better than that of Song Kingdom, so it will not be purchased). Why should it be prohibited to export artillery to the Jin Kingdom? As long as the price of the Jin Kingdom is appropriate, why can't it be sold? Now the court has given the Jin Kingdom 1 million yuan a year, just so they can use this money to buy artillery and gunpowder."

"When the Jin Kingdom gets our cannon, will it turn the cannons against us?" Zhang Shuye, the official of the Privy Council, frowned.

Ji Yi said: "As long as the new army can be successfully trained, what else is there to be scary in the Jin Dynasty? If wars really require artillery bombardment in the future, what else can those herders on the grassland and hunters in the forest rely on? The workshops in Xuzhou and Haizhou can cast 500 cannons a year and refine 100,000 kilograms of gunpowder. The Jin Dynasty cannot even imitate the small cannons in Xiliang (tiger squat cannons) let alone cannons."

Of course, the handicrafts of the Jin Kingdom were backward, especially the bronze casting was blank. The Liao Kingdom had a certain foundation, but the craftsmen of the Liao Kingdom either fell into the hands of Yelu Dashi or were taken to the Daning Mansion by Xiao Sesse, and basically did not fall into the hands of the Jin Kingdom. Therefore, they could not cast cannons at all. Even if they barely cast a cannon, they would explode at a glance, killing many brave Jin soldiers!

As for the black gunpowder, it is simply magic for the current Jurchens...

Therefore, once the war enters the era of gunpowder with gunpowder filled with gunpowder and the era of grassland heroes is coming to an end. Unless they can occupy the territory of the farming people who can produce gunpowder in the "threshold era" of artillery.

However, because of Wu Haogu, the "threshold era" of artillery has been greatly shortened!

Just over a decade after the invention of artillery, bronze field cannons with extremely high practical value have been cast, and professional artillery has also been developed.

Moreover, not only did the Dazhou have the art of casting cannon casting, but the Haizhou Iron and Metallurgical Academy of the Song Dynasty also cast practical field cannons. Now, the Han regime in the early stages of capitalism are competing to cast cannons!

All kinds of improvements, plagiarism, and experiments are all chasing each other, and no one dares to neglect the slightest.

Even the "ultimate reduction and improved version" of the artillery's melee has been developed by masters from both sides. However, the first generation of melee guns are too poor in performance and are prone to blowing the chamber, and cannot replace the crossbow for the time being.

But as long as you continue to invest, it will be only a matter of time before you break through...

...

"So... where does the expense of building a fortress in Hebei come from?" Zhao Ji's topic turned to finance again.

During this period, he spent money like water!

Princess Qingde's dowry alone cost more than 2 million yuan!

The marriage between the Donghai Prison and the later Donghai Prince's marriage to Wu Meiniang has to continue to be paid... If two things are added together, they will have to spend more than 4 million yuan, right?

In addition, the establishment of the Sin Chew seal in Nanyang has also been put on the agenda.

Because the Senate of Zhou had voted to pass the "Charter Chamber of Commerce Act", the head of the Great Zhou Republic can now hand over a certain far-sea territory to the Chamber of Commerce for full rights reserved for development and operation after approval by the Senate...

This means that the Great Zhou Republic will soon launch feudal plans on Jinzhou Island and Java Island.

The Song Dynasty naturally needs to follow up!

If you want to follow up, the Song Dynasty court will have to pay the capital!

Moreover, the Song Dynasty was a family and could not hand over everything to the franchise chamber of commerce like the Zhou Dynasty. It would have to be a king. That would be another huge expense... Is it okay to send a prince thousands of miles to Nanyang without giving more rewards?

It’s not too much to give a few million to a king of a country!

Of course, the biggest expense is the new army of the 325th Battalion!

The Privy Council has already formulated a plan for the reorganization and formation of the new army. In addition to the 320th Battalion plan proposed by Ji Yi earlier, artillery was also added. Each battalion has added a small artillery team, 4 field artillery pieces plus 100 people, and a large number of carriages and tools. In addition, 5 artillery battalions have been added, all equipped with large caliber heavy artillery. Therefore, the 320th Battalion's new army plan has become the 325th Battalion, and the military expenditure needs to be spent is much higher than the original plan.

Thinking of these 325 gold-swalking beasts, Zhao Ji couldn't help but miss the good days of "Fengheng Yu Da" in the past... Now he can no longer spend money happily, but he must tighten his belt to handle the new policy and the new army. This emperor is becoming more and more boring!

"Please look at your Majesty." Ji Yi handed a string of "Big Zhou Tongbao" to a small yellow gate, who handed it to Zhao Ji.

"This is..." Zhao Ji looked at the copper coins, "Da Zhou Tongbao?"

"Your Majesty, this is the copper coins minted by the Great Zhou Bank of Zhou State." Ji Yi said, "It is a bad money of half lead and half copper."

"Oh, I remember." Zhao Ji nodded, "The newspapers say that this kind of money is not good, and that the copper coins of our Song Dynasty are easy to use. Ji Qing, don't you want to cast bad luck and plunder the people's wealth, right?"

"Your Majesty," Ji Yi shook his head quickly, "I did not want to mint bad coins. I just wanted to concentrate the power of minting coins and set up a bank in the Song Dynasty. Only by concentrating the power of minting coins and issuing coins can the court raise funds by issuing bond notes. With money, a new army, a bastion, and a feudal state will not be a problem.

If the court always hesitates and delays, once the bad money of Zhou is passed through the world, our copper-based bank coupons will not be issued. At that time, the public in the Song Dynasty will be the bad money of Zhou or the bank coupons linked to one or two taels of silver in the Zhou Dynasty... The court's finances will be controlled by the Zhou State!"

When Zhao Ji heard this, he felt a chill on his back.

If the Song Dynasty's money bag was controlled by the Zhou Kingdom, the world would be lost!

"Ji Qing, the Dasong Bank must be established, and the power to mint money must be handed over to the Dashou Bank. It's just..."

But the wealth power in the palace cannot be reduced!

Of course Ji Yi understood Zhao Ji’s thoughts, family, country and the world!

"Your Majesty, the Bank of Song Dynasty can set up a double promotion, and one person is recommended in the Zhengshi Hall and the Palace." Ji Yi gave in. "The supervisor of the Supervisory Council is also recommended by one third of the candidates in the Zhengshi Hall and the Palace, and one third is nominated by major commercial banks."

"Will the money from the sealed pile warehouse be deposited into the Song Dynasty Bank?" Zhao Ji asked again.

Deposit?

Ji Yi thought to herself: If the money from the treasury is "deposited" to the Dasong Bank, instead of "investing" the Dasong Bank as equity, then the Dasong Bank is just an empty arsenal?

"Of course it's depositing." Ji Yi still gave a reply that satisfies Zhao Ji.

"So... how should the matter of equalizing the land be implemented?" Zhao Ji suddenly changed a topic.

Ji Yi's reform had three banners: one was to train a new army; the second was to establish a feudal state; the third was to suppress annexation and equalize the land!

Among them, there was no objection to the general direction of training the new army and establishing the feudal state, but there were many controversies in suppressing annexation and equalizing the land.

"This matter..." Ji Yi paused, "When it is implemented properly, it must not arouse the resentment of the people. But it must not be ignored. After all, the land in the world is limited, and the people are multiplied, with more and less people, and the land is becoming increasingly concentrated. After all, it is a hidden danger. Now, the silk and cloth in Tianjin are sold all over the world, making it unprofitable for the women weaving. The common people in the world rely on land for a living. Therefore, the court must suppress the annexation! Even if there is no good way, it is better to do something than to do nothing! He Li, Chen Dong and others act with great enthusiasm and are hated by the powerful, but the court does need them, so please treat them with kindness."

"I understand!" Zhao Ji breathed a sigh of relief and said to the Zhongshushe who was standing in Chongzheng's store, "Zhongshu is going to recruit you! The two governments will discuss the matters and open the Dasong Bank, and grant the right to mint and issue bank coupons! The copper coins, silver, gold and coefficients stored in the pile warehouse are deposited into the Dasong Bank..."

...

The most critical step in the new policy of politics and he has finally taken!

Only with the Song Dynasty banks could issue bank bonds based on copper coins, and only with the bank bonds could the court issue bonds to raise funds to start a new policy.

Otherwise, the annual interest rate of more than 20% will make the Song Dynasty finance quickly go bankrupt... If you borrow 100 million yuan, the annual interest rate will be 20 million yuan! What new policy will be put into?

Moreover, with bank bonds injecting liquidity, the deflation that the Song Dynasty encountered will soon pass.

Investment and trade will flourish again, and the Southeast commercial markets and Silk Prefectures will soon emerge from recession and usher in an era of rapid development.

All kinds of new talents will also benefit from this round of new policies and rapid economic development, and temporarily put aside the abolition of the imperial examination and the revolution.

However, the society of the Song Dynasty would not become more stable and harmonious because of the "New Government and Political Policy", but would become more turbulent and uneasy because of the accelerated advancement of the new policy.

Because the interest groups that tear apart the Song Dynasty still exist and will become stronger during the implementation of the new policy!

At the same time, only more than ten states in the southeast coast can benefit from the New Deal, and the remaining 300 states still cannot escape the fate of economic colonies.

Although the most fundamental land problem has been included in the new policy plan, there is no way to solve the problem...

Therefore, in the view of later historians, the new policies of Zhenghe, Chonghe and Xuanhe led by Ji Yi, were just a movement of improvement that did not touch the fundamental surface embellishment.

Although certain results have been achieved, the seeds of disaster have been sown for the arrival of the next chaotic world!
Chapter completed!