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

"Why?"

All the officials in the Manchu Dynasty were very puzzled by this situation. It was also a national debt and could be redeemed directly, and interest would be paid upon maturity.

However, the national bonds underwritten by doctors are extremely popular, while the national bonds underwritten by the Ministry of Civil Affairs are almost uninterested.

"This must be Fan Zheng who is causing trouble! Please ask the officials to make the decision for me!" In the court, Cai Jing angrily scolded Fan Zhengdao.

His proposal to pay debts with debts was rejected by Fan Zheng, and he was disgraced in front of the officials.

Now that he finally had the financial source of overseas trade and solved the problem of using debt to finance debts, Cai Jing figured out Zhao Xu's mentality of wanting to compete for all the credit and took the initiative to increase the issuance of national debt from 7 million to 10 million.

As expected by Cai Jing, Zhao Xu and Longyan were delighted after receiving the report, and happily agreed to the matter and greatly appreciated Cai Jing.

Cai Jing was secretly proud that it was the doctors who were underwriting the national debt anyway, and he easily won the emperor's heart.

But he didn't expect that Fan Zheng would just give up his choice and was only willing to underwrite 7 million treasury bonds and hand over the remaining 3 million treasury bonds to the Ministry of Accounts for underwriting.

This important task naturally fell on Cai Jing. The dismal sales of Treasury bonds in the Ministry of Household Affairs immediately made Cai Jing lose face.

"Master Cai, please don't confuse right and wrong. The doctors and the Ministry of Household Affairs are selling national debt at the same time. Where to buy it is the people's choice. The people are unwilling to deal with the government, especially in terms of money! This is not instigated by Fan."

Fan Zheng saw the problem at a glance, that is, the people were unwilling to deal with the government, even if it seemed to be beneficial. This was a lesson learned by the people of all ages.

"People don't believe in the imperial court?" Zhao Xu frowned.

Fan Zheng smiled bitterly and said: "Most of the money in the hands of the common people is their lifeblood, and they are reluctant to take it out easily. But the ones who really have money and are willing to pursue profits are businessmen. The government has always tried its best to suppress businessmen, so businessmen naturally have a deep taboo against the government. .”

The Song Dynasty court has already had a precedent of issuing jiaozi indiscriminately. Jiaozi has repeatedly depreciated in value and is now almost like a piece of waste paper. Furthermore, everyone knows that the court has serious redundancy. If the national debt is like Jiaozi again in the future, I am afraid that before purchasing the national debt People will be unable to cry.

All the officials in the court looked embarrassed. After all, the Jiaozi business was originally running well, but due to their indiscriminate distribution of Jiaozi, the value of Jiaozi has been greatly depreciated, and many people have suffered heavy losses.

But now, instead of learning the lesson, the imperial court has doubled the national debt to 10 million yuan. How can this not make the well-informed wealthy people doubtful.

If you buy treasury bonds from a doctor's house, if you can't pay, there will be a doctor who can claim compensation. In addition, if the doctor's house is prosperous, you can continue to make profits and have the ability to pay compensation. It can be said to be double insurance.

If the government bonds purchased from the government cannot be repaid, then they will have no choice but to eat Coptis chinensis and be unwilling to deal with the court. After all, no one's money comes from the strong wind.

"The credibility of the imperial court is not as high as that of doctors!" All the officials in the court were filled with bitterness. Although they did not want to believe it, this was the fact.

"Since the doctor has such a good reputation, why not underwrite the remaining three million dollars together." Lu Dafang stepped forward to persuade him.

After issuing national bonds, the Song Dynasty Court had sufficient funds and could do many more things.

In addition, with the continuous financial resources from the Maritime Silk Road, the court did not have to worry about thunderstorms in a short period of time. Lu Dafang was naturally happy to see the court have more money to do things.

Fan Zheng said helplessly: "It's not that the doctor is unwilling, but that the doctor's underwriting of seven million guan is already the limit. Besides, even if the entire medical family is sold, it won't be worth 10 million guan. If this continues, the court will not be exposed Thunder, the doctor was the first to have a thunderstorm."

"Furthermore, even if doctors can underwrite these 10 million guan of national debt, next year the court will issue 20 million guan of treasury bonds. What about the year after that? Ten years from now, I am afraid it will be an astronomical figure, and doctors may not be able to bear this important task. "Fan Zheng said helplessly.

Seeing that Fan Zheng was unable to get in, everyone in the court suddenly fell into a dilemma.

Officials naturally knew the harm of issuing national debt, but they had already tasted the huge effect of national debt on the Song Dynasty, and naturally they were not willing to let it go.

"But there are ways to solve it!" Fan Zheng changed his words.

Suddenly, all the officials in the court looked at Fan Zheng with vigilant faces. Everyone knew that Fan Zheng was going to do something evil again.

When Fan Zheng saw this, he immediately looked dissatisfied and said, "What do you mean by this? If you don't believe Fan, then Fan won't say anything more."

Zhao Xu quickly comforted him: "Fan Aiqing, don't be anxious. Every time Fan Aiqing prescribes a prescription, the medicine will cure the disease. I am all ears."

"Of course!" The ministers also nodded.

At present, as long as Fan Zheng is willing to underwrite the national debt for the Song Dynasty, they don't care at all whether it is evil or not.

Fan Zheng nodded with satisfaction and said, "Why do you think people believe in doctors? Is it really because doctors have high medical ethics and save lives and heal the wounded?"

The ministers of the Manchu Dynasty looked at Fan Zheng in confusion.

"No!" Fan Zheng looked around and said proudly: "It's because the doctor can continue to make profits and has the ability to repay the money. If the doctor does not have the ability to repay the money, I am afraid that even the doctor's relatives will not trust the doctor."

The officials couldn't help but twitch their faces. Although what Fan Zheng said was rude, it told the reality.

"If the imperial court wants to continue to issue national debt, it must let the people show their ability to repay. In the future, let alone 10 million guan, it will be tens of millions of guan. As long as the imperial court has enough ability to repay the money, the national debt can also be sold. Get out." Fan Zheng said.

"The court's ability to repay money!"

To be honest, the annual taxes of the Song Dynasty were not large, and it was not a problem to pay back 10 million yuan. However, every money had a use, and it was impossible for all of it to be used to pay off the national debt.

Fan Zheng said solemnly: "Since today's meeting is about money, Fan believes that the court can integrate the departments related to money in the court, such as the money making supervisor, Fei Qian, and Qingmiao money. These three items are all owned by the court." Cornucopia, maybe integrated into a whole new department.”

"You actually want to take advantage of the imperial court's lifeline!" Zhang Dun angrily scolded.

These three items are all very important sources of income for the imperial government, and they are all profitable businesses. In particular, the money-casting supervisor is the lifeblood of the imperial court and is related to the safety of the world.

Fan Zheng said solemnly: "If the imperial court wants to issue national bonds and borrow money from the people of the world, it must show sincerity, and these three items are related to money, from the casting of money, to transportation, to lending, and The capital is strong, and all are guaranteed to make profits without losing money. In this case, it is normal to issue government bonds in line with the trend. "

"Do you want the imperial court to run the bank?" Lu Dafang frowned and suddenly understood that Fan Zheng was planning to integrate the imperial court's money departments and build a large bank.

However, banks had a bad reputation in the Song Dynasty, and most of them were involved in loan sharking. Lu Dafang was naturally extremely resistant to this.

Fan Zheng shook his head and said: "Qianzhuang? No! Qianzhuang is too petty. This is led by the Song Dynasty court. Naturally, it is not comparable to private banks. How about calling it a bank."

"bank?"

The officials couldn't help but be stunned. In the Song Dynasty, there were guilds, and they were very large. Banks were not guilds that represented silver. Moreover, the currency of the Song Dynasty was mainly copper coins. However, in the Song Dynasty, silver was also on the market. Circulation is mostly large-scale transactions, and banks do sound more grand than banks.