Chapter 307
Hearing Du Yinxi's call.
Zhu Youjian suddenly snapped back to his senses.
Looking at Du Yinxi, he smiled and said,
"Oh, I am listening, I am listening!"
"Approved! All of it is approved!"
"Each Maritime Trade Office is approved to increase troops by one battalion, dedicated solely to protecting the silver."
"A quota of five thousand should be sufficient, correct?"
Du Yinxi nodded slightly and said,
"It should be enough."
Zhu Youjian looked at the Memorial to the throne before him with great joy.
However, very quickly, Zhu Youjian realized the situation.
He could not help but let out a long sigh.
"Alas..."
Du Yinxi looked at Zhu Youjian in confusion and asked,
"Your Majesty, why do you sigh?"
Looking at the figures on the account, Zhu Youjian could not help but say wistfully,
"What use is having so much silver if, in the end, it does not belong to the court? When those overseas merchants come, if they say they wish to exchange it, then it is exchanged."
Currently, Great Ming's annual revenue barely reaches ten million taels.
This figure is a small sum compared to this silver.
But that money is silver that is genuinely produced and available for use at any time.
Whereas the silver on this account before us,
is the price of all goods Great Ming has shipped overseas.
It must always be kept ready to be exchanged for Great Ming's people.
Hearing this,
Du Yinxi looked at Zhu Youjian excitedly and said,
"Your Majesty, this is precisely what I wish to speak of!"
Having spoken, Du Yinxi held up the Memorial to the throne and said,
"Your Majesty, please look. These are the receipts sent from the nine frontier horse markets and the various Maritime Trade Offices."
"In the first few days after the gates opened, this Bai Yin was almost immediately deposited and immediately withdrawn."
"But as time grew longer, the amount of Bai Yin exchanged out daily began to decrease."
"Take the final day of this batch of reports, for example."
"The Bureau of Paper Money Administration received a total of fifteen million taels of silver, yet the amount exchanged out was merely a scant five million Wan Guan!"
Seeing this,
Zhu Youjian's brows could not help but furrow tightly.
He waved his hand and said,
"It is nothing more than those merchants being lazy and unwilling to come to exchange. What else could it be?"
Hearing Zhu Youjian's words, the emperors in the chat group
could not help but shake their heads one after another.
Zhu Youjian did not notice at all that his single sentence had nearly choked Du Yinxi to death.
At this moment, Zhu Youjian also realized he seemed to have said the wrong thing.
"Did I... say something wrong?"
Looking at Zhu Youjian's expression, Zhu Yuanzhang could not help but shake his head and sigh,
"You should just listen to what he has to say."
Du Yinxi looked at Zhu Youjian and said with a bitter smile,
"Your Majesty, consider this: since they are too lazy to come and exchange, does that not prove that a certain amount of silver will always be lying idle in our Bureau of Paper Money Administration's accounts?"
"As long as we guarantee the amount available for exchange at the Bureau of Paper Money Administration, will not the remaining silver lying in the accounts become silver the court can dispose of at will?"
Hearing this,
Zhu Youjian suddenly snapped back to his senses.
Staring almost breathlessly at the accounts before him, he asked,
"Then, then how much of this silver is the court able to move?"
Du Yinxi looked at Zhu Youjian and said in a low voice,
"Reporting to Your Majesty, I believe that ten million taels of reserve silver in the treasury is sufficient. According to my estimation, in normal times, the maximum amount of Bai Yin exchanged out daily is no more than ten million taels!"
Hiss~!
Hearing Du Yinxi's estimation,
Zhu Youjian was completely stunned.
Wasn't this equivalent to him picking up twenty million taels of silver out of thin air?
Thinking of this,
Zhu Youjian immediately stood up right where he was.
He could not help but mutter,
"Twenty million taels, twenty million taels!"
"Since our dynasty's founding, when has it ever been this wealthy and prosperous!"
Thinking this,
Zhu Youjian immediately looked at Du Du Yinxi before him and asked,
"By the way, has Mr. Su seen this Memorial to the throne?"
Upon hearing this, Du Du Yinxi was stunned.
He hurriedly shook his head and said,
"After receiving the report, Your Majesty, I went straight to the palace and have not yet sent a copy to Mr. Su."
Zhu Youjian casually picked up the Memorial to the throne.
He hurriedly said,
"Quick, come with me at once to Mr. Su's residence; I must tell Mr. Su this good news in person!"
Having spoken, Zhu Youjian disregarded Du Du Yinxi's reaction.
Holding the Memorial to the throne, he ran outside.
Watching Zhu Youjian's back,
Zhu Yuanzhang could not help but let out a long sigh.
He could not help but mutter,
"This child is a good child."
"But why does he look so unlike a ruler?"
"Alas."
The Great Hall of State in Shengjing.
Fan Wencheng's bald forehead was covered in beads of sweat.
He looked at the paper money in his hand with disbelief.
He rushed toward the palace without even turning his head.
"Halt! Does Mr. Fan have a handwritten decree from Your Majesty?"
Several of Huang Taiji's guards were just about to stop Fan Wencheng.
Unexpectedly, Fan Wencheng, usually as gentle as a sheep, today looked at the guards before him in a rage and shouted,
"I have urgent business; if I delay matters of military strategy, how many heads do you have for Your Majesty to chop off?"
Fan Wencheng was silenced and eaten up by his own words.
End of Chapter
