Ming Dynasty: I risked my life to teach the prince, the emperor begged me not to die

Chapter 496 Active Storage
There are many money merchants like Yang Yuzhen's father. Business is risky, and this was fully reflected at this time.

But we cannot say that Chen Ce was too cruel. Any reform requires necessary sacrifices, and it is an inevitable trend for state-owned banks to ban private banks.

Perhaps it would cause some merchants to lose money, but various disputes caused by private money houses to the people continued to arise. The establishment of national money houses was a reflection of the country's credibility. Chen Ce did not think he had done anything wrong.

After the Ministry of Revenue announced the abolition of all private money houses, the Ministry of Works immediately began to intervene strongly and built money houses in the two capitals and thirteen provinces at the fastest speed to replace private money houses.

The court handled these matters very efficiently.

Shuntian Press and other local newspapers announced that money houses would soon open across the country.

During this period, the imperial court also began to recruit scholars and juren, and put them to work in money shops. Local household departments also began to provide guidance and training for the future business of money shop staff.

Everything is being pushed forward at a rapid pace, and the speed of reform is so fast that there is no time for the public to react.

Chen Mansion.

Chen Ce got up early this morning and was eating breakfast quietly when a servant in the mansion said to him, "Master, Yang Boyun is here."

Chen Ce said "oh", quickly finished his breakfast, and then went to the central hall to meet Yang Boyun.

"This old man has met Master Chen."

Chen Ce smiled and said, "Uncle Yang, do you want to talk to me about something?"

Yang Boyun looked serious and said to Chen Ce, "I thought about it carefully for a long time last night. In the face of national interests, what does a personal life and death matter?"

"If Yang Yuzhen can make some contribution to the Ming Dynasty, even if he dies in the West, it will be a blessing for the Yang family!"

"Therefore, I think it is better to let Yang Yuzhen go to the West!"

Chen Ce: “…”

He was also speechless, thinking to himself, you are so cruel. After the money house went bankrupt, you started selling your son directly, right?
As if Chen Ce had seen through his thoughts, Yang Boyun said shyly, "Mr. Chen! I was so confused. Yang Yuzhen actually told me at that time that you suggested that we should not do the money bank business, but I didn't listen. Now I regret it so much!"

"Who would have thought that the state would ban all private banks overnight... I am so miserable!"

Chen Ce held his hands and said to Yang Boyun, "Uncle Yang, don't be like this. I understand. If you want to let Yang Yuzhen go to the West this time, don't go back on your word. Come back and tell me when you are sure."

Yang Boyun said immediately: "It's settled! It's been settled a long time ago! We must let Yang Yuzhen go to the West! It will not change this time."

Chen Ce nodded and said, "Okay!"

……

In the month of December of the fifteenth year of the Hongzhi reign, the Ming Dynasty moved very quickly.

National money houses were established in the two capitals and thirteen provinces, with branches set up in all prefectures and cities. The business of the money houses covered storage, exchange, foreign exchange, etc.

Of course, these businesses require a little bit of management. Although the construction of a money house is very fast, the actual development of the money house cannot be rushed.

The top leaders of the entire Ming Dynasty were paying attention to the money houses. After all, the development of money houses was too fast. This time, the Ming court had invested a lot in the two capitals and thirteen provinces. If the money houses could not absorb the storage and lending business, it would undoubtedly mean that this reform had failed.

Meng Xiandong, the Minister of Revenue, was particularly concerned. The entire private money merchants were complaining bitterly, and the court did not care about the lives of these merchants at all. Small-scale rebellions had already broken out in various places, but they did not cause much waves.

On December 23rd, it snowed heavily.

Emperor Hongzhi went on a secret tour with Zhu Houzhao and the Zhang brothers by his side. He said he was going out of the palace to enjoy the snow, but in fact he was secretly keeping an eye on the money houses.

Today, Shuntianfu Money House opened. Chen Ce followed Emperor Hongzhi and looked at his nervous and anxious face, comforting him: "Your Majesty, it's still early."

It's so early in the morning, no one would come to store their money.

But Emperor Hongzhi did not think so. He was also facing tremendous pressure. If the money shop business did not achieve the preset results, his pressure would be even greater. During this period, local and central officials continued to submit memorials, begging him not to compete with the people for profits and to return the benefits to the people.

Emperor Hongzhi ignored these memorials.

He stood in the snow with his hands behind his back, staring at the largest bank in the capital, and asked Chen Ce softly, "Chun Jian, do you think it will succeed?"

Chen Ce gave Emperor Hongzhi confidence, saying, "Your Majesty, rest assured, it will succeed."

The Zhang brothers said in disappointment: "There has been no one in front of the bank for half a day. Chen Ce, please don't deceive the emperor."

Chen Ce looked at the two annoying guys and said, "The next step is to ban the bathroom sauna."

The Zhang brothers shrank their necks and whispered, "Why are you messing with our bathroom sauna?"

Is it easy to make money? It's too much!
Zhu Houzhao complained to Chen Ce: "Little brother, you are close to the emperor now. Shouldn't we brothers do these great things before letting the emperor know?"

After all, it was always like this in the past. He and his younger brother would do something great and then let their father know, thus avoiding the process of his father worrying and showing the results directly to Emperor Hongzhi.

But I don’t know when it started, but my little brother started to secretly have an affair with father behind my back.

This made Zhu Houzhao very sad.

Chen Ce: “…”

There are some things that you, the crown prince, are not capable of doing now, but no matter what, what Chen Ce is doing now is considering Zhu Houzhao's future.

It seemed that both he and Emperor Hongzhi were dying, so he had already secured all the basics of the Ming Dynasty for this kid in advance. If he followed this path in the future, he would surely reach the other side smoothly and safely.

"It's open for business."

Chen Ce looked at the Shuntianfu Money House not far away. At this moment, Emperor Hongzhi also felt nervous.

There were still few people in front of the door, which made Emperor Hongzhi even more nervous.

But soon, groups of people came towards Shuntianfu Money House.

There are more and more people, and more and more people are stored.

By noon, the Shuntianfu Money House was surrounded by people, and countless people were queuing up to deposit their money.

Shuntian Press had previously publicized the issue of interest on deposits in money houses. Unlike private money houses, ordinary people rarely deposited their money in money houses. Private money houses played the biggest role, mostly lending and accepting high interest rates.

But now with the government's endorsement, you can deposit money and withdraw it at any time, earn interest, and ensure safety. If you store it regularly for a long time, you can get higher interest.

There may be risks if the funds are kept in one's own hands, but if they are placed in a money house, they do not need to bear any risks. How could such a benefit to the people not attract so many people?

Emperor Hongzhi finally let go of his worries. He looked at Chen Ce and said with a smile on his face, "Chun Jian! Our first step... has been successfully completed!"

I have to ask for leave today. I have a lot of troubles to deal with. Sorry, I can only update twice.

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(End of this chapter)