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Chapter 1092 Turning the people's wealth into a strong country

"Traditional debt?" Tong Mu looked at Sun Tu in surprise: "You mean we borrowed debts from the people in the name of the court? Can this happen? Those wealthy private merchants and wealthy families are really willing to borrow money from us like this?"

When Sun Tu proposed the national debt raising money and grain from the people in the name of the country, Tong Mu was really unable to keep up with the other party's rhythm. In addition to being strangers, there was still a hint of anxiety. Is it really reliable to do this?

However, Sun Tu looked confident: "What can't be done? The wealthy merchants and wealthy people in the country have a lot of money in their hands, and they have no other use except to occupy space. Now they borrow it from the court to use it for the Northern Expedition, and then return it to them with capital and profit after the Northern Expedition is victorious. For them, it is a sure profit and no loss. They are all smart people, will they not understand the benefits?"

Tong Muran, what Sun Tu said was somewhat reasonable. The Song Dynasty is indeed very rich now, but these wealth is hidden among the people. The court is a little stretched for various reasons, so this method can really solve the current urgent problem. Moreover, compared with the national strength and military strength of the Song Dynasty and the Liao Kingdom, as long as you have some minds, you must know that the Song Dynasty will win a big victory, so you don’t have to worry about losing money at this time. Once the Song Dynasty wins, the large area of ​​land in the Liao Kingdom alone can be worth a lot of money, and the various wealth populations in its country are really a good deal.

But he was still a little worried and pondered, saying, "Is it a bit unreasonable to discuss business with the people in the name of the court? Where should the court, Your Majesty, and your face beside you?" If he really did this, he was afraid that those merchants who bought the national debt would be able to regard themselves as creditors of the court. This is not good to say.

After hearing this, Sun Tu laughed. Tong Mu was born into a scholar, and sometimes he valued face more than affordability. This is the same thing. In his eyes, it seems that reputation is more important than the large amount of money and food he got. But he didn't think about it. If even the security of the country could not be guaranteed, what's the use of those false names?

After all, he was a good brother who had been working with Sun Tu for many years and had a close heart. Tong Mu understood it with just a smile and said with a smile: "It seems that you don't take your reputation too seriously. Since that's the case, I have no worries about it, so I will do as you say. The only thing I worry about now is that those people don't believe in the court and refuse to take money from the government debt? After all, they have never seen this before, and they are inevitably worried about it."

"This is easy to deal with. You just need to set a few examples first. A lot of rich people in Beijing are there? You send someone to have a good talk with them and they will take the lead in purchasing treasury bonds. The court will also reduce their taxes. I think they will definitely not refuse. As long as someone takes the lead, others will naturally follow up. At that time, maybe not only those rich merchants will pay for money to buy, but even ordinary people will rush to move." Sun Tu said, thinking of the treasury bond boom in a certain period of later generations, and the scene when large companies went public in the early days, and the scene where investors rushed to buy stocks and pushed the stock prices up one by one. Now they are doing the same.

"The people also pay for national debts? How much money is this worth?" Tong Mu said disdainfully.

"Don't look down on them. Perhaps a single ordinary person is far from comparing with the spare money from wealthy businessmen. But when this number becomes the people of the world, even if it is only ten people, one of the 100 people is willing to pay for money, the money they can provide is not comparable to those merchants." Sun Tu said, and waved his hand and said, "Okay, let's talk about these details later. Now let's arrange the matter quickly. I will raise enough money and grain to transport it to the north within this year. When it's time to start next spring, it will be time to send troops."

Originally, Sun Tu planned to make a Northern Expedition this fall and winter, but the pressure on money and grain, coupled with the need for cooperation from the Western Xia, could only be postponed and only wait for the start of next spring to send troops.

Seeing that he had made up his mind, Tong Mu stopped talking. After nodding, he left in a hurry.

A few days later, a saying began to spread in Tokyo that the court would borrow money from the people to raise food and food for the Northern Expedition. When some people were still doubting the truth and discussing whether there was any fraud, a new saying soon began to spread - now the famous wealthy businessmen in Tokyo, Zhang Ju and Xu Bin, had paid 100,000 yuan to buy the so-called national debt at the same time.

These two people have great names in both business and civilians. This rumor has attracted the attention and inquiries of many people. Many people who have business dealings with these two companies, or who have some friendship with them, come to ask directly, or indirectly ask about the truth or falsehood of the matter.

The two of them did not hide anything about this and said bluntly that they had indeed bought the government bonds and took out a certificate. When the relatives and friends saw a light government bond in their hands, their eyes were a little straightened - that was 100,000 guan of money. Even if it was exchanged for gold and silver treasures, there were dozens of boxes. Now it turned into such a small piece of paper. This comparison is too strong, right?

The two of them were even more amazing: "Don't underestimate this small piece of paper, its value is much more than 100,000 yuan. Don't hide it from you. The court has promised us that we will return 120,000 yuan worth of things after the victory of the Northern Expedition."

"Twenty percent profit?" This made everyone's eyes lit up. If it was really stable, 20 percent profit would be a considerable benefit.

"With the court as a guarantee, do you think there will be a falsehood? Or do you think that I, the Song Dynasty, will not be able to take over the Liao Kingdom, which is already a dead end? Anyway, I absolutely believe that the court can do it, which is much more steadily than ordinary transactions. Think about it, if this large amount of money is kept at home, you will have to worry about being thieves one day, and if you use it for a transaction, you will have to worry about whether you will lose money. The only way is to buy a house and land, but Tokyo is already overcrowded, and even if I have money, I can't buy a house and land that suits my wishes, so this is the most worry-free. In less than a year, I can get 20,000 guan for free. In addition, the court has reduced 20% of the taxes on the industries under my name. Together, it is more than enough to earn 50,000 guan."

After such detailed calculations, the other rich merchants and households immediately became moved, and then someone began to ask them how to buy government debts. As Sun Tu said, there are many people who have spare money today, and they are worried that they can't make money. Now that the great opportunity is in front of them, they naturally have to fight for it.

"It's easy to say that the Ministry of Revenue will officially sell government bonds soon. If you are interested, you can go there to inquire and buy it."

The power of role models is indeed infinite, especially when these two role models are still the most powerful businessmen in the capital, their influence is even more amazing. On the third day of October, when the Ministry of Revenue officially posted a notice to issue treasury bonds, in just half a day, no less than dozens of people went to the yamen to inquire or buy.

Then in a few days, more than 300,000 dan of money was put into the treasury. Now most of the purchases are merchants, and the ones they like are additional terms that can reduce taxes. Since all the peers have bought them, if they don’t buy them themselves, they will suffer a big loss because they suffer losses in taxes, resulting in higher prices and less competitiveness.

These merchants often have more money in their hands, and they can buy thousands of treasury bonds. Such a large number really shocked Sun Tu. They sighed repeatedly, saying that the Song Dynasty was rich but only hiding the people. Now it seems that it is true.

When the matter further fermented and promoted and was paid attention to by more people, something even more surprising happened. Even ordinary people even came to the Ministry of Revenue to ask about the price of treasury bonds, and they also wanted to buy some.

In this regard, the Ministry of Revenue officials who had long been taken care of by Tong Mu would not put on airs as before, and explained the questions of the people carefully, and mentioned that they could also buy small-scale treasury bonds, and only buy bets of five stakes of copper coins.

It may not be a small number for the five-single money in other prefectures and counties, but it can be taken out by the people in the capital. So, someone immediately took out copper coins and bought such a treasury bond. Then, the matter spread completely. In the following days, the number of people coming to the Ministry of Revenue was rolling upwards. The capital's population had nearly 10,000 people, and there were nearly 10,000 people coming to buy treasury bonds, turning the Ministry of Revenue into an existence like a East-West City or Xiangguo Temple...

Many officials naturally dissatisfied with this, believing that such an approach would be too detrimental to the imperial court and ruin the reputation of the Ministry of Revenue. Some people have successively submitted a letter to impeach such a ridiculous act.

However, after being sent to the Yintai Division, such bullet seals were like mud cows entering the sea, and even splashing water could not be splashed. Then, when the news came out, everyone knew that all this was dominated by Taiwei Sun. In this way, no one dared to blame this matter anymore. You must know that the bodies of Li Gang and Song Jiang and others were not cold yet. Who would dare to hit the gun again but go against Sun Tu?

The imperial court could get more than two million dan in capital alone. When this measure began to be implemented in various prefectures below, this number even rolled upwards.

After the winter months entered, the money had been quickly replaced with food supplies and was transported to the north in batches. As a result, the war machine of the Northern Expedition finally rumbling, and now he only waited for this winter to pass, and then he used his genius creativity to gain the admiration of Tong Mu and others. It took him only a few months or two to perfectly solve the problem of shortage of money and food that had troubled the court for a long time, and it was not hurting the people!

This is to transform the people and the country into a strong country!
Chapter completed!
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