After hearing what Li Mo said, Master Zeng, Dan Qiusheng and others' eyes lit up.
They really hadn't thought of this method before.
"Well, we not only need to set up large-scale banks in Ruyang, but also set up banks in Luoyang, Pingyang, and Nanyang at the same time, especially in Ruyang and Luoyang. One bank is not enough. We must set up several more, so that we can meet the requirements.
The needs of the people and merchants!"
After a pause, Li Mo said again.
Ruyang's ceramics, double-sided embroidery and manuscripts are now in short supply in the market. With these endorsements, Longguo Tongbao will never be afraid that no one will want them.
"Lord, what should I do with the existing Kaiyuan Tongbao in Ruyang? If new coins are issued directly, these copper coins in the hands of the people will become waste, and it is inevitable..."
At this time, Dan Qiusheng said again.
After solving the problem of new currency issuance, what is left is the inventory in the hands of the people.
"In this way, all the people with a household registration in Ruyang, including Luoyang, Pingyang, and Nanyang, can exchange the existing copper coins in their hands for the new coins of our Dragon Kingdom on a one-to-one basis."
Turning around, Li Mo hardly thought about it.
This is a common practice of later generations of banks, and as long as Ruyang controls the total amount of new currency issuance, it will not cause inflation, let alone allow merchants from other countries to make improper profits from it.
"Exchange one to one? That's fine!"
"Sir, I will trouble you two gentlemen to issue new coins. Although it may take two months for our Dragon Kingdom to be officially established, the new coins can be issued first."
"Yes, my lord!"
"By the way, is there any news from Senior Shi Mo?"
After settling the bank matter, Li Mo asked again.
Once a bank is built, it will require specialized talents to run and manage it, and the talent currently available is still in short supply.
"My lord, Brother Wang has sent news that he has invited Gao Shi, and Gao Shi has also promised to help him invite Wang Zhihuan. News will be available in ten days at the latest."
Master Zeng replied immediately.
Ruyang Academy has now been fully built, and the news has been released. The only thing missing is the final dean of the academy.
As long as the dean is in place, Ruyang Academy will officially start recruiting scholars from all over the world, and it should be able to attract a group of scholars.
"That's good!"
Li Mo came to the desk again.
Although Ruyang is short of everything now, you have to eat one bite at a time and don't be too anxious.
Next, in addition to ceramics and embroidery, Ruyang will also develop more unique businesses.
As for what to develop again, we still need to study it carefully.
.........
Time flies and a few days pass in the blink of an eye.
With the personal support of a group of Jianghu bigwigs, Ruyang Bank was built as scheduled, and the first batch of copper coins was successfully released.
In fact, casting copper coins is not as difficult as imagined.
The raw materials are all complete, there is no shortage of bronzes in this world, and there are also a large number of Kaiyuan Tongbao. These are recast.
noon,
As the plaque of Longguo Bank was hung on the door frame of the bank's door, Longguo Bank was officially opened.
Compared with restaurants such as Yibo Building, Longguo Bank is five stories high and very impressive. It can be said to be the largest existing building in Ruyang.
Looking from the top of the city wall, Longguo Bank looks like a giant standing very conspicuously in the busy city.
In the words of later generations, Longguo Bank is a proper landmark building.
Such movement naturally attracted many onlookers.
"Longguo Bank? What do you mean?"
However, after seeing the big words on the plaque, many people looked puzzled.
It is said that various new buildings have sprung up in Ruyang City in recent times, with many popping up every day. The city area is getting larger and larger, but the level of Longguo Bank is extremely rare.
Therefore, it caused a lot of speculation after the construction started.
Some people said it might be a place that specializes in selling porcelain, others said it was a large trading house, but they never expected it to be a bank.
And the name of this bank is also a little weird.
"Dragon Kingdom...Dragon Kingdom...Wait a minute, shouldn't this be the name of our country after the founding of Ruyang?"
There were many smart people among the people and merchants who were watching, and soon some people guessed very closely.
In fact, the people have been waiting for Ruyang to establish a country. After all, other princes have taken action, and Ruyang's establishment is a certainty.
"Dragon Kingdom? Okay! I like this country name, but what does Qianzhuang mean? What does it do?"
"That is, what does the bank do?"
Just when the crowd of onlookers started talking among themselves, the door of the bank slowly opened, and a middle-aged man dressed like a shopkeeper walked out.
"Everyone, from today onwards, the Longguo Bank will open exchanges. All Ruyang people can exchange old coins at home for new coins, and they can also use silver to exchange for Longguo Tongbao. The ratio is still the same as before, one tael of silver can be exchanged for a thousand Wen of Longguo
Tongbao.”
After clearing his throat, the middle-aged man spoke.
This man's name is Wang Yuanbao, and he is an old man from Yibolou who came with him from Yuntianzhuang.
In addition to being a warrior, this man was also very talented in the art of money. He was recommended by Li Taibai to Longguo Bank and is now temporarily the chief shopkeeper of Longguo Bank.
"What? Exchange new currency?"
Wow!
If Wang Yuanbao didn't say anything, then there would be an explosion outside the bank.
The common people and merchants couldn't help but started talking again.
They never expected that Ruyang's new coins had already been minted and could be exchanged in advance.
"Sir, what if someone doesn't approve of this Dragon Kingdom Tongbao after it is redeemed?"
After about a while, a vendor asked.
This is what he is most concerned about.
I am a small businessman myself. Although it is troublesome to run a small business with money, at least I don’t have to worry about no one asking for the money.
Especially those foreign businessmen.
"Don't worry, little brother, the Ruyang Mansion will issue a notice soon. If you are still worried, you can use Longguo Tongbao to purchase ceramics, embroidery, manuscripts, etc. from my Ruyang Mansion first.
In short, as long as it is the business of Ruyang Mansion, it will not deny Longguo Tongbao."
Wang Yuanbao waved his hand, indicating to the vendors not to worry.
"Ah? Can I have priority in buying ceramics and embroidery?"
After the vendor paused, the worry on his face disappeared in an instant, as did other vendors and people.
What is the hardest currency in Ruyang now?
In addition to manuscripts, they are ceramics and double-sided embroidery. Now the foreign merchants buying these things have been queuing from the east of the city to the west of the city, and there is still nothing to grab.
As long as you have these two things in your hands, there will be merchants from outside rushing to give you money.
In addition, Yibo Building is also a business of Ruyang Mansion.
Even if you can't afford ceramics with the copper coins in your hand, you can still go to Yi Bo Lou for a meal.
In addition, who knows if there are other popular businesses behind Ruyang Mansion.
"Okay, I'll cash it in then!"
Soon some vendors took the initiative to walk into the bank.
The vendor also had another idea, that is, Kaiyuan Tongbao would be scrapped sooner or later, so it would definitely not be a mistake to exchange it for Longguo Tongbao in advance.