C972 I Overestimated You
"This son overestimates royal father's intelligence, and this son is at fault."2
This was courting death! Wei Zhongxian felt that he didn't want to stay in this room. When had he ever seen someone being so disrespectful to the Human Emperor? The Human Emperor was extremely shrewd and had long heard Shen Muqing's words. He was so angry that his nose was crooked!
Angry laughter rang out, "Good, good, good! The few of them did not see what's so good about this Bank of China. Ninth Brother, explain it to me! "
Shen Muqing slightly smiled, and said calmly: "Father, these words are a little strange. If we can create Bank of China, the benefits are endless, it can be said that it can promote the trade and prosperity of the whole world, the citizens can also get better, and it can suppress the aristocratic families, raising their morale, and no one knows what's wrong with that, right?"
The Human Emperor sneered, "Good, how do you say it can make the world's business more prosperous? When the people get better, it can also suppress the aristocratic families? "Tell me about it."
Shen Muqing said, "The Bank of China built by this son uses the silver that I gathered to carve out canals and fix the official road so that the north and south can be connected together. This is beneficial to the mountains and rivers.
If it is convenient to transport, it will allow the business to grow. When it flourishes, the competition will be low and the price of goods will be lowered. The people will also get benefits so that they will be able to buy a lot of cheap goods without spending a lot of money. "
The Human Emperor nodded his head, "That's not right. What you said is beneficial. However, we know that this silver is not owned by the imperial government. Instead, it is stored by those aristocratic families. We also need to give him a hundred thousand taels of interest."
Shen Muqing said, "It looks like there is a lot of interest from a million liang, but didn't royal father think about it? Would those aristocratic families still have the confidence to treat the imperial government by depositing the silver into the bank? Since ancient times, aristocratic families had caused trouble because they had money, food, and troops.
Now that the silver was in the bank, what did they use to buy soldiers and horses? How could they rebel? Isn't he still a lamb waiting to be slaughtered? This is to suppress the aristocratic families, and the imperial government is using their money to expand their armaments, recruit new soldiers, and boost up their might. "
The Human Emperor sighed. Shen Muqing's suggestions were indeed attractive. The previous dynasties wanted to accomplish this, but the number of people who could do it was too few. Not to mention the 300 million silver taels needed to open the Beijing and Hangzhou Canal, it was equivalent to six years of China's taxes.
Even if all the savings were eliminated, the cost of spending money on the canal would be very little. Even with the strength of China, it would take ten years to open up a single canal. From this, one could see just how huge the construction project was.
The reason why it was so difficult to change even if all the dynasties had an enlightened king king was because they had no money. In front of such a huge project, a small amount of income from the treasury was akin to a drop in the ocean.
But if the Bank of China was truly completed, the imperial government would suddenly have ten billion silver taels, which was equivalent to hundreds of years of taxes. With this ten billion silver taels as a backup, the imperial government would have too many things to do, and it could even be seen that within ten years, China would experience a huge change.
However, the Human Emperor still had some reason. He suppressed the impulse in his heart and said, "If the imperial government were to receive this money, they can suppress the clan. However, if they can't solve the most fundamental problem, how can they repay the ten billion silver taels in interest?"
Shen Muqing smiled lightly: "Isn't that simple? There are many ways to repay the debt. First, lend to farmers to buy farm tools. Lend to workers to buy houses. Lend to merchants to buy goods. Lend to the children as a way to travel.
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