I want to ruin the country

Chapter 243: Establishment of the Royal Bank

In fact, Yining set up the Finance Bureau not just to stop local officials from engaging in corruption.

In the future, urban and rural development cannot rely solely on the financial advisors employed by local officials, as those people’s level will not be able to adapt to future financial management.

He wanted to gradually allow society to develop like in later generations and make everything standardized.

It must be institutionalized and legalized!

Next he proposed establishing a bank, which is easier to understand.

Now Shanxi's Piaohao are spread all over the country, but none of them is state-owned.

Yining didn't want to wait until a few years later when the Jewish Sassoon came to China to build a bank and then endlessly make money from the hard-earned money of the people of the country.

He wants to open a bank in advance, he wants to open banks all over the world, and he wants to make money from foreigners.

Ruijin asked,

"Your Majesty, these newly opened banknotes are under the jurisdiction of my Ministry of Revenue!"

Yining laughed,

"Master Rui, you never miss any opportunity to transfer money to the Ministry of Revenue."

Ruijin said aggrievedly,

"Isn't the slave poor?"

Yining Road,

"Being poor is not an option. What I established is not a bank, but a bank. It is a royal bank, just like the navy. It is my business.

In the future, the scale and number of banks will be very large, so a special banking administration bureau will need to be established.

This management bureau will be under the name of the Ministry of Internal Affairs. I want capable people with professional economic knowledge to manage the bank.

Only in this way can banks develop healthily and avoid collapse. There is a lot of knowledge involved in this.

So, you don’t have to think about it!"

Ruijin was disappointed again, but he was confused by what the emperor said. He thought that he really couldn't manage it. Forget it, he should just do his job!

Next, let’s talk about the three summer issues.

Lin Zexu said,

"Your Majesty, what is the Three Summers?"

Yining Road,

"It's summer harvest, summer planting, and summer management, collectively known as the Three Summers."

Everyone was wondering where the emperor had heard these words from, but it was indeed the case.

Yining Road,

"The wheat harvest season is about to begin in Anhui, Henan, and Shandong.

Several months of hard work are about to mature and we cannot take it lightly.

After the wheat is harvested, corn should be sown. Whether it rains or not, whether the corn can be sown, and whether the corn will sprout after sowing are all issues that local officials should be concerned about.

Furthermore, the management of other crops, such as cotton and watermelon, cannot be relaxed."

The three summer busy seasons, which were highly valued in later generations, were not taken seriously by officials in this era. They only cared about tax collection.

The land is yours, you just need to pay the taxes, and the officials will not care about anything else.

Du Shoutian Road,

"Your Majesty, how can we attach importance to the law?"

Yining didn't know how to take it seriously now, but he had already thought of an excuse.

"Issue an order that local officials at all levels should care about the suffering of the people and the busy summer season. As for how to care, let them show their abilities."

Lin Zexu said,

"Your Majesty, do you have any specific explanation?"

“Uh, that’s a lot!

For example, helping the people rush to harvest and plant, helping them drain water and fight drought, helping them prevent fires and pests, all count. As long as it benefits the people, let them do it!"

"I understand!"

Duanhua Road,

"The Emperor always cares about the people. He is truly a sage ruler!"

Yining Road,

“I don’t dare to be called the Sage King of all ages, as long as the people don’t starve to death, that’s all that matters.

And all the things I just mentioned will be the responsibilities of your Ministry of Agriculture, Forestry and Water Resources from now on.

Drought and flood control, wind and sand control, farmland construction, afforestation, etc. There are so many things to do, I can't explain them all in one go, I'll talk about them in detail later!"

After all the things were said, everyone breathed a sigh of relief.

Only Ruijin's face drooped like a donkey's.

Yining said,

"Everyone, look, what's wrong with Lord Rui? Who has offended you?"

Ruijin Road,

"Your Majesty, after all this talk about suppressing bandits and building a finance bureau, do you want me to be your pants?"

Yining deliberately angered him,

"Sir Rui, what are you talking about? Did I spend your Ministry of Revenue's money?

"Master Wen, did you go to the Ministry of Revenue to borrow money again?"

Wenqing also knew that the emperor was teasing Ruijin, and said with a smile,

"Your Majesty, I don't even have enough money to spend, so why would I borrow money from him?

Lord Ruijin is notoriously stingy, and even if we go, he might not lend us the money!"

Yining smiled and said to Ruijin,

"That's strange, Lord Rui, who owes you anything? Tell me!"

Ruijin Road,

"Your Majesty, please stop making fun of me. You've confiscated so much silver from the Kong family and auctioned off so much more, yet you haven't given me a single ounce to spend. How can I possibly laugh?"

Yining laughed again,

"So you were drooping your face just for me to see. Who was it that sat on the ground, crying and hoping to die, saying that I wouldn't auction it a second time?"

Ruijin Road,

"Your Majesty, if you ask again, I will definitely not say that again!"

Yining curled his lips.

"Regret is only available for consumption, but not for sale. It's too late!"

Ruijin Road,

"Your Majesty, the beginning of summer has already passed, and the wheat harvest will begin in just over a month. Please pay me the taxes you promised me in advance!"

Yining looked at his aggrieved expression, laughed dumbly, and could not bear to tease him anymore, so he said,

"Master Wen, look at the state of the Shangshu. Why don't we give him three or five hundred thousand to help him out?"

Ruijin's face became even longer.

"Your Majesty, you have earned hundreds of millions, and you only give this little to me?"

Yining Road,

"Three or five hundred thousand is not enough, how much do you want?"

"At least five... five..."

He wanted to say five or six million taels, but thinking of the emperor's stinginess, he didn't dare to say it.

"About three or four million!"

Wenqing looked at the sweat on his head and laughed while covering his mouth.

"Haha, I thought you had high hopes for me, but it turns out you can get away with just three or four million!

Well, the Emperor has asked me to prepare 20 million for you, I better take it back!"

When Ruijin heard this, his head buzzed. Twenty million?

Then he was overjoyed, and fearing that the emperor would change his mind, he fell to the ground.

"Slave, thank you Lord for your kindness!"

Yining Road,

"Why are you so anxious to thank me? I'm discussing this with Master Wenqing. I'm not saying I'll give it to you!"

Ruijin Road,

"Since ancient times, the emperor never jokes. What the emperor says counts!"

Wenqing also joked,

"Your Majesty, it's not easy for Lord Ruijin, otherwise just give it to him!"

Yining Road,

"Since you're asking for mercy, then give it to me!"

Ruijin felt dizzy and his heart suddenly became clear. He quickly expressed his gratitude.

Yining said again,

"Master Ruijin has been working hard and making great contributions recently. Can you reward him with a few thousand taels of silver?"

Ruijin wanted it very much, but he still said,

"Forget about me, my life is still bearable!"

Yining smiled mischievously.

"If you don't want it, forget it!"