I am engaged in construction in Datang

Chapter 56 Other Roles of Banks

Li Shimin couldn't eat.

Before, he only thought about promoting biogas digesters as soon as possible so that everyone in the Tang Dynasty could use such a convenient thing, but he forgot that there were still a group of people who made a living by chopping wood and selling charcoal.

There was no such situation in Chang'an because all the idle people in Chang'an were taken away by my sister-in-law to work.

But not in other places.

"The charcoal seller, cutting firewood and burning charcoal in the southern mountains...he works in exchange for charcoal from Niutou!" Li Yin changed the palace official in the text into a servant of a wealthy family, otherwise Li Shimin would probably have to carry out a major purge in the palace.

Fang Xuanling and others wiped the tears from the corners of their eyes.

The old charcoal seller in the poem wears thin clothes and is always worried that the weather is not cold enough.

Now that the world has just stabilized, the Tang Dynasty is poor from top to bottom.

"Master Li, can we get the court to pay for building biogas digesters for the people? Just build one in each place. As long as everyone sees the benefits in the next two months, it will be easy to promote it later." Fang Xuanling said that this method was the most convenient.

Wei Zheng continued: "We will use the poor people's homes as pilot projects. This will not only help the poor people, but also promote biogas digesters."

Li Yin shook her head: "The money to build a biogas digester is not a small amount. For those remote places, giving such a large fortune to poor people may bring disaster to them."

The cost of a pond alone is two or three strings of cash, which is equivalent to the entire property of some people in some places. It is inevitable that some people will have bad intentions.

Jealousy is one of the most terrible emotions of human beings. At that time, Li Yin was so jealous that she wanted to kill others when she saw other girls were admitted to university.

"This..." Several people looked at each other.

“So, we need to promote the pilot area.”

The meal has been taken away and tea and pastries have been served.

“It’s not possible to help one poor person build a biogas digester, but we can help a whole village.”

"How much money will this cost!" Xiao Yu spoke up, disagreeing.

He had a toothache, so he was in a bad mood. Now he couldn't even eat, let alone milk tea and pastries.

But it happened to be in Nuzhuang.

"Who said it's free?" Li Yin said while drinking tea: "We will charge you according to the original price, but not this year, but next year."

"What does this mean?" Fang Xuanling became interested.

"We asked each county magistrate to report the poorest village in the county, and then send people to the village to negotiate with the people."

Li Yin poured tea for everyone.

She was the youngest, so the task of pouring tea for the old men fell on her.

The amber tea slowly flows into the bowl, which is pleasing to the eye.

"It costs three strings of coins to build a biogas pool, which can be shared by three to five households. If the people are interested, they can sign up together, and then the court can build a pool for everyone, and let everyone experience it for a year first."

"At this time next year, the court will send people to collect money. Citizens who are willing to keep the pond can just pay three strings of money together. For those who are unwilling to pay, we will send people to dismantle the pond."

"Hey!" Chang Sun Wuji took a sip of tea and shuddered: "What if someone is willing to pay and someone is not?"

"That depends on whether the pool is willing to pay more or less." Li Yin blew on the tea, skimmed off the tea leaves with the lid, took a sip of the tea, and then glanced at Zhangsun Wuji.

"Whether to keep the pond or rebuild a new one, we can just adapt to the situation and there is no need to worry."

"Compared to these, what we should worry about most is that people want to stay but have no money."

"How is this possible? Only three strings of money!" Xiao Yu was shocked. Only three strings of money. Even if it was divided into three families, couldn't each family come up with one string of money?

"Yu Sheren, the most prosperous places and the poorest places are always separated."

"That's indeed the case." Wei Zheng had the right to speak. He was born in a poor family. Although he could be considered a scholarly family, he had been poor and destitute.

"Sister, if the people can't afford the money, does the court need to pay for it?"

Li Yin shook her head: "Yes and no."

"Brother, do you still remember the Tang Dynasty People's Bank?"

"I have some impression." Li Shimin nodded. If Li Xiaochun hadn't handed in the bank statements and other bills to the Ministry of Revenue every month, he would have almost forgotten about such a small shop.

When we gave subsidies to biogas digesters, I think we mentioned that banks could help?

He had too many things to do, so he couldn't remember this clearly.

When his step-sister came to him and said she wanted to directly register the bank under the account department and make it an independent department, he looked down on it...

"The role of a bank is not just to help people deposit and withdraw money." Li Yin said: "It also has a more important role, which is lending."

"It means lending money to the people." Li Yin further explained: "Charge appropriate interest and ask the people to repay the money every month."

"There are more than 20 counties in the Tang Dynasty!" Li Shimin reminded. In each of the more than counties, select the poorest village and build about biogas digesters in each village...

"One hundred thousand strings of cash!" Fang Xuanling took a breath of cold air.

"Not much." Li Yin calmly drank tea: "Now the bank deposits are about 20 million guan. According to the 60% deposit-loan ratio, about can be used as loans for the people."

Li Yin's loan-to-deposit ratio was 75% at that time, but people did not have enough trust in banks at that time. When the rush to return home came at the end of August, many people would withdraw their wages.

In addition, businessmen who travel around always have to withdraw money and return home at the end of the year, so the bank will definitely have a lot less money by then.

"How can there be so much?" Li Shimin was a little confused. Isn't this just a small shop for saving money?

"All the profits from the casino are placed in the bank. Some merchants also deposit a lot of money in the bank at one time for the convenience of doing business, and come to withdraw money when needed."

The counters gradually developed in the late Tang Dynasty, and today's banks have set a precedent.

"Sister..." Li Shimin's mind was quick and he understood many things at once: "What if every state in the Tang Dynasty established a bank?"

"feasible."

“It just takes a little more work to get the credentials.”

"Not appropriate." Li Shimin shook his head: "There is still a risk. If someone forges the certificate, the loss will be huge!"

Li Yin sighed: "Brother, you have to trust Zhuangzi's skills."

"As long as the person who receives the voucher is an experienced person and can recognize the voucher given by Zhuangzi, there will generally not be any major problems."

If she, a plagiarist, cannot compete with others who learn and explore on the spot, she might as well show the old men how to pour tea while standing upside down.

"Those who commit fraud to obtain ill-gotten gains should also be included in the law, and different punishments should be formulated according to the amount and the impact caused."

The Zhenguan Law of the Tang Dynasty was not perfect, but Li Yin did not have the time to supplement it for the time being, so he could only rely on Fang Xuanling and others.

Li Shimin signaled Wang Desuqing to write it down. His sister-in-law had brought up the labor law last time.

Several ministers debated for half a month before they reluctantly finalized the first draft. They haven't even let their sister-in-law read it yet, and now they want to add other laws...

The task is so arduous that it makes one's scalp numb.

Fang Xuanling's eyes went dark, and he felt that the effect of Ma Fei San had not yet worn off.

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