Physician of the Song Dynasty: Zhang Kai and Li Qingzhao have a private life-long contract

“Doctors want to underwrite national debt?”

Suddenly, the entire court was in an uproar.

"The officials must not listen to Fan Zheng randomly coming up with evil prescriptions. I admit that the medical family is prosperous, but how much national debt can the doctor's money alone buy?" Zhang Dun shook his head.

Fan Zheng solemnly stretched out a hand.

"Fifty thousand strings?"

The officials frowned. For the doctors, fifty thousand guan was indeed their best effort, but for the Ministry of Civil Affairs, it was just a drop in the bucket!

Zhang Dun sneered, Fan Zheng was overestimating his abilities. The Song Dynasty needed countless money, how could he alone be able to solve it, not even the doctors could do it.

Fan Zheng shook his head and stretched out five fingers again

"Five hundred thousand guan?"

Fan Chunchun said slightly moved.

If the doctors could scrape together 500,000 yuan, it would be able to solve the court's urgent need.

Fan Zheng shook his head again and said solemnly: "No! It's five million dollars. The doctor is willing to underwrite five million dollars of national debt."

"Five million strings!"

At this moment, the whole court was shocked. What is the concept of five million guan? The annual coins given to Liao Xia by the Song Dynasty were only about 800,000 guan. This was already an extremely heavy burden on the Song Dynasty. Five million guan was a full six hundred thousand guan. The total number of coins per year.

"This is impossible? Even if you sell the doctor's family, you won't be able to get so much money!" Lu Dafang sneered.

"Doctors really don't have that much money!" Fan Zheng admitted without hesitation.

"However, the wealthy businessmen and common people in the world have plenty of money. With the financial resources of Kaifeng City, it is not difficult to digest these five million yuan. With the reputation of the court and the medical guarantee, we will definitely be able to raise money for the court in a short time. ." Fan Zheng said solemnly.

Zhao Xu thought that the people could indeed come up with five million yuan, and this strategy might be feasible.

"Fan Taicheng is dedicated to the country, and I admire him!" Zhang Dun couldn't wait to say.

If Fan Zheng underwrites five million in national debt, it will help the new party to solve the financial crisis in a short time.

If Fan Zheng fails and Evil Fang Jin Shen fails, the New Party can take the opportunity to win back its position in the hearts of the officials.

"I also agree!"

Lu Dafang and other old party ministers also agreed.

Naturally, the imperial court was a bit embarrassed when it came to lend money. Now that there is a fig leaf like a doctor, it is naturally better.

Moreover, the interest rate of 5% was so good that even the conservative Lu Dafang felt that he was taking a huge advantage.

"I object!" Suddenly Fan Chunchun, the Minister of Household Affairs, came out and said.

"Ok?"

All the officials in the court frowned and looked at Fan Chunchun. It was the Ministry of Husbandry who just cried out about poverty. Now that five million yuan was presented to them, the Ministry of Husbandry did not dare to ask for it.

"I understand that Shangshu Fan is eager to protect his nephew. However, issuing national bonds is a matter that benefits the country and the people. How can we avoid it for the sake of the Fan family's own interests?" Zhang Dun reprimanded.

Fan Chunchuan smiled bitterly and said: "I believe that Fan Zheng is sure to raise the money for the national debt for the court. However, the money is five million yuan. How can the court take it out at once? I am worried that the court will not be able to pay it in time." "

Regarding Fan Zheng, his nephew, Fan Chunchuan had completely given up and let him do what he wanted. However, what really worried him was the court's ability to repay. The principal of five million guan, plus five percent interest, amounted to two thousand yuan a year. The interest of 150,000 yuan is not a small amount of money.

"Fan Shangshu is overly worried. It is impossible for the imperial court to need five million guan at one time. The national debt can be divided into one-year, two-year, three-year and five-year periods! Each period is set at 1 million guan. In this way, Come, the court has money to use, and there is no need to repay the entire principal and interest at once." Fan Zheng explained.

"The principal and interest of one million guan a year!" Fan Chunchuan breathed a sigh of relief. The Ministry of Revenue still has the ability to repay one million guan a year.

“And we can set the one-year interest at 3%, the two-year interest at 4%, and the three to five-year interest at 5%, which can not only reduce interest expenses, but also extend the repayment period of the household department. "Fan Zheng said easily.

"Three cents!"

Baiguan's face twitched. He didn't expect Fan Zheng to lower the interest rate on the national debt again. However, this was a good thing for the Ministry of Revenue, and the only pressure was shifted to the doctors.

"I have no objection!"

Fan Chunli nodded with satisfaction.

Zhao Xu looked around and saw that the ministers had no objections. He immediately agreed and said: "According to Fan Taicheng's report, the imperial court issues national debt and it is underwritten by doctors!"

........................

At present, the imperial court publishes the Di Bao, which vigorously publicizes the restriction of private usury, the implementation of the Young Crops Law, and the national debt.

"Private lending is strictly prohibited with beheading interest, nine in and thirteen out, and the annual interest rate must not exceed four cents!"

"Young crop money has been reduced to one penny per year! Private appeals are allowed."

"The officials are wise!"

The people in Kaifeng cheered.

Without him, the people have long been disgusted with loan sharking. Once ordinary people are involved in loan sharking, they may be ruined if they are not careful.

The Young Crops Law seems to have low interest rates, but in fact it charges twice as much interest. In addition, the Young Crops Law is strict, and the people also have a bad impression of it.

This move by the imperial court can be said to be very popular.

Suddenly, people who were short of money felt anxious, and such low interest rates were within their tolerance.

"How can the country use enough resources without giving more to the people! It's nothing more than knocking the people's bones and sucking out their marrow!"

An old man hated this very much. In his opinion, both loan sharking and green crop law were harmful to the people!

If the court really wants to help the people who are short of money, it is best to help the people for free like Yizhuang. This is a move that benefits the people.

"This old man is a bit biased. The interest rate of one cent is already the lowest since ancient times. What's more, even the court has to pay interest when borrowing money, let alone ordinary people." A merchant pointed to the national debt information in the newspaper and sighed. road.

"The imperial court issues national bonds at an interest rate of 3% per year,..., and an annual interest rate of 5% for five years! Repay the principal upon maturity!"

Many people frowned when they saw the interest rates of three to five cents.

The interest rate of 1 cent per annum under the Green Seed Law just now has been cheered by everyone, calling it good governance. However, the interest rate on the national debt is as high as 5%.

"The national debt is five cents, Qingmiaofa lends one cent, the court has a good idea." The old man sneered.

The merchant shook his head and said: "Private lending is risky. If you can't get it back, it will be wasted. Lending money to the court, although the money is small, is better than safety."

"Safe? Have you forgotten the disaster of Jiaozi?" The old man suddenly sneered.

"Jiaozi!"

The people of Kaifeng were immediately in an uproar.

During the prosperous commercial period of the Song Dynasty, the world's earliest paper currency appeared in Sichuan and Sichuan - Jiaozi!

However, due to the excessive use of money by the imperial court, Jiaozi collapsed.

Especially during the Renzong and Shenzong periods, the war in the northwest was tense, and Jiaozi was released many times indiscriminately, which greatly devalued Jiaozi. Today, Jiaozi is hated by people and ghosts.

If the imperial court fails to redeem the national debt in time, I am afraid it will be like the original Jiaozi.

Suddenly, there was a lot of discussion between the government and the public about the national debt, and there was uncertainty!

Even though there was the temptation of 5% interest, they still chose to wait and see. After all, they wanted to take advantage of the court's interest, but were afraid that the court would take advantage of their principal.