Crown Prince of the Empire, I quit!
Chapter 1122: The Bank Opens and Opens Loans
Chu Ying was a little hesitant. He knew that Qin Ming had spent half a month running back and forth in the Shenmu Kingdom.
There must be something big going on.
But I don't know what he is going to do.
After hearing the other party's doubts, Qin Ming slowly said:
"There's a saying that goes, 'It's better to teach a man to fish than to give him a fish.' Since we see so many people struggling to make a living, earning little money and having to sell their labor to be exploited by others, we might as well give them some opportunities to survive."
As he spoke, Qin Ming pointed to the bank next to him.
Upon hearing this, Chu Ying was stunned.
"You mean to lend them the money, don't you?"
"Of course. The best way now is to lend them money, and then give them technology, so that they can flourish everywhere. As long as they master the technology and have money, they will naturally earn more money."
When he heard this, Chu Ying immediately understood what Qin Ming wanted to do. He wanted to lend money to the poor.
Then let them use the money to promote new technologies.
By then, as long as these technologies can be implemented, everyone will be able to make money.
Just like the looms that came from their side, they originally cost dozens of taels of silver to buy one.
Because of its technology, the Shenmu Kingdom is controlled by many powerful families, which leads them to raise the price of textile machines even higher.
If an ordinary person wants to buy one, it may take him half a lifetime to make enough money.
Out of desperation, they have no choice but to sell their labor.
They work for bosses who own textile machines, but these bosses also bought themselves with money.
They must make a profit, so they keep the price of labor very low.
This resulted in the situation that even though these people had new technologies, the bosses and their workers, combined, all had a hard time.
It was after learning about this situation that Qin Ming decided to open up all their technologies.
As for the required textile machines or water wheels, if they can't buy them.
Daqian will come here directly to dump the products.
At that time, a large amount of silver can be lent out in a short period of time, and many people can own production tools.
In this way, they no longer have to be exploited by the bosses in the factories.
After these bosses see that many people have this technology, the number of people they have under their control will definitely be much smaller.
In order to maintain their production, their salaries must be improved.
This will form a virtuous cycle.
As for those nobles who originally controlled the technology, they are the focus of Qin Ming's rectification this time.
Qin Ming will get rid of them all as long as he doesn't let them control the technology.
These people will no longer be affected so much.
It was because of seeing this key point that Chu Ying was able to understand Qin Ming’s meaning.
"Yes, now we need to arrange for them to have more technology. Only in this way can we achieve peace."
Qin Ming has many strategies for stability.
One of them is to gradually expand the entire West Shu River, stretching between the Western Regions and the Shenmu Kingdom.
The second is to intimidate Hua Yunhong and prevent the other party from taking military action.
The last one is to arrange for the settlement of all the people in the border areas and within the Shenmu Kingdom.
This way they are not willing to start more wars.
Through these three means, the entire Western Region will be able to enjoy peace for the next few years or even decades.
Only in this way can this place develop steadily and be stably integrated into the territory of Daqian.
Of course, Qin Ming would not tell Chu Ying all of this one by one.
Chu Ying only saw Qin Ming sharing his technology and money.
Hearing this, he was already extremely impressed.
"Your Majesty, you are truly amazing. Your good name will definitely be remembered in the history books of future generations."
"A later history book...?"
Qin Ming raised the corner of his mouth and shook his head slowly.
"I only fight for the present."
Under Qin Ming's arrangement, the staff of dozens of banks on their side were quickly deployed.
It was soon publicized in various cities. At the same time, Chu Ying also arranged for Tongbao Pavilion's newspaper to deal with the situation here.
He ordered Qin Ming's actions to be written in the newspaper and publicized.
Soon, all the people in the Shenmu Kingdom were shocked.
Because they discovered that Tongbao Pavilion could actually lend out so much silver.
Ordinary people only need to provide their household registration.
As long as your household registration is registered with the government, you can borrow thirty taels of silver.
And their looms were only sold for twenty-five taels.
The remaining five taels of silver can be used to purchase raw materials and other things to weave cloth yourself.
In addition, there are water wheels and farming tools used by the entire village, which can be purchased through loans.
The key point is that the interest rate charged by Tongbao Pavilion is not high. In this era, it is normal for ordinary money houses to lend money and sometimes the amount of money they need to pay back in a year will double.
But Qin Ming and his team only scored three points, which was enough to drive many people crazy.
Some money houses even wanted to come to Qin Ming and others to borrow money to alleviate their financial difficulties.
However, after making some arrangements, Qin Ming set stricter requirements for Chu Ying.
The purpose is to enable them to choose the right target when borrowing money.
Don't lend this money easily to those who don't need it.
Under the strict control of Qin Ming and Chu Ying, loan stalls soon appeared in various places.
These people not only appeared in the city, but also in various villages.
This is an initiative of going directly to the other party's home to promote and borrow money.
It soon received a good response, and Sun Jinshan saw it when he just returned to Tongbao Pavilion.
The people here are busy moving out boxes of banknotes.
"What are you doing?"
"Oh, Boss Sun, you may not know this yet, but His Majesty has arranged for us to lend out the money. Once this money is lent out, the effect will be very good, and it can even make money."
His subordinates quickly told Sun Jinshan all of Qin Ming and Chu Ying's arrangements.
When Sun Jinshan came back, he was still worried that he would not be able to use the silver that Qin Ming asked them to collect.
If you want to redistribute this silver to the Tongbao Pavilions in various places.
It's very difficult.
There is also some risk of being robbed.
And Qin Ming arranged everything so quickly.
Even all the money they gathered was put to good use.
"Your Majesty, do you mean that we no longer need to ship the silver back to the Western Regions?"
"Yes, we have already transported enough silver from the Western Regions, and all the remaining silver is left to us to borrow."
After hearing all this, Sun Jinshan nodded with satisfaction.
"Okay, Your Majesty still has a solution. If that's the case, then let's arrange it!"
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