The struggle for the throne among nine princes—I really don't want to be the crown prince.

Chapter 158 The Crown Prince's Superiority is Also a Trouble

Making money from money—is the Crown Prince planning to open a money exchange?
Although running a money exchange can be very profitable, it is not an easy task.

Moreover, many people believe that the only reason why money shops can make money is that they mainly engage in lending.

Lending is not a pleasant word; it has no good reputation.

If it had nothing to do with the Crown Prince, Cao Yin would at most refuse, but he would definitely not get involved in this matter.

However, the current crown prince is different; his beautiful eldest daughter is about to become his concubine.

In this situation, how could he pretend not to know?
So, after a moment's hesitation, he said in a deep voice, "Your Highness, I think we need to reconsider the matter of opening a money exchange."

"After all, running a money exchange is not easy; it requires a lot of people who are skilled in lending money."

Looking at Cao Yin's solemn expression, Shen Ye couldn't help but laugh. He waved to Cao Yin and said, "Opening a money exchange is indeed too troublesome, and you can't make much money!"

At this point, Shen Ye calmly said, "Some time ago, I had a chat with a missionary from Europe."

"According to him, in Japan, the exchange rate between gold and silver is one tael of gold can be exchanged for fifteen taels of silver."

Shen Ye paused here, then looked at Cao Yin with a calm gaze.

The main reason why Cao Yin was able to be highly valued by Emperor Qianxi was because he was capable enough.

Upon hearing Shen Ye's words, he immediately realized what was going on.

In the capital, the exchange rate for gold to silver was one tael of gold to ten taels of silver. However, if you took the gold from the capital to Japan and exchanged it for silver, you could earn half the profit without doing anything.

Half the profit is enough to drive people crazy.

If I could produce 200,000 taels of gold, that would be equivalent to 3 million taels of silver.

Not only did it fill the company's deficit at once, it also allowed them to make a considerable amount of money.

This is too...

However, Cao Yin felt that Japan was too far away. Just as he was hesitating, Shen Ye continued, "If you think it's too far, you can go to Guangzhou."

"As far as I know, the gold-silver exchange rate in Macau is actually as high as one tael of gold can be exchanged for twelve or thirteen taels of silver."

If Cao Yin felt that going to Japan was too far, then going to Guangzhou would be no problem.

There are many merchant ships coming and going to Guangzhou, bringing with them a lot of silver. Exchanging gold for silver in Guangzhou would be an extremely profitable business.

It's more profitable than running a money exchange.

The thought of making money made Cao Yin's heart race.

This way of making money is much easier than running a money exchange, and it's done discreetly, so no one can find fault with it.

"Your Highness is wise! This servant...this servant admires you!"

Cao Yin originally wanted to say, "I have nothing to repay you with," but he couldn't bring himself to say it. In the end, he could only say, "I admire you."

Shen Ye said to Cao Yin, "Think carefully about these two businesses. Which one do you want to do? I'll also get a stake in it."

"Let's make some money and spend it!"

At this moment, Cao Yin's mind was filled with thoughts of exchanging gold and silver.

Although he felt that going to Guangzhou was safer, the 50% profit made his heart flutter, and he really wanted to go to Japan to exchange it.

After talking to Shen Ye about marriage in a daze, he finally headed towards the Qianqing Palace.

The Crown Prince's method was very effective, but he still decided to report to Emperor Qianxi first.

After all, this was his wisdom for survival: to consult with the emperor frequently, report regularly, and make sure that the Qianxi Emperor knew everything.

In this way, even if any problems arise, Emperor Qianxi can bail him out.

Emperor Qianxi was very busy. He did not expect that Cao Yin would run back after only half an hour of him sending Cao Yin to Yuqing Palace.

Could it be that Cao Yin had been rebuffed by the Crown Prince and was now coming to him to complain? Although he thought this was unlikely, he still immediately summoned Cao Yin.

After a simple bow, Cao Yin reported to Emperor Qianxi in detail the suggestion the Crown Prince had given him.

Emperor Qianxi was stunned when he heard this idea.

He had heard before that silver was cheaper in Guangzhou, but he hadn't paid much attention to it.

After all, there were too many things within the vast empire that required his attention.

But now, listening to Cao Yin's idea, he couldn't help but feel a surge of interest.

Those old men in the Imperial Household Department only think about how to embezzle their own money; it's extremely difficult for them to make any money.

Emperor Qianxi's private treasury actually didn't have that much money.

Otherwise, Taicang wouldn't be so short of money; even an emperor like him couldn't afford to spend too much.

No matter what the imperial court did, it always used silver.

Turning gold worth one million taels of silver into one and a half million taels of silver is equivalent to making a net profit of five hundred thousand taels without doing anything!

Emperor Qianxi glanced at Cao Yin twice and said, "Cao Yin, you used to be the textile commissioner in Suzhou. Do you think it's safe for us to go to Japan by boat?"

"Your Majesty, Japan buys silk from us every year."

“Their ships come to our place at regular intervals, and as far as I know, it is very safe for them to arrive.”

At this point, Cao Yin continued, "I believe that if we want to reduce the risks, we can look for partners in Japan."

"Let them bring their silver directly to us to exchange for gold."

"Of course, the price might not be that high."

Upon hearing Cao Yin's words, Emperor Qianxi's gaze fell upon a nautical chart.

Emperor Qianxi had never been particularly interested in overseas territories, but now, thinking about the 50% profit, his eyes were reddening.

The emperor was terrified of poverty.

However, the imperial court, having just fought a battle with Galdan, was in no position to send troops, not to mention that the navy had been sailing very little recently.

Emperor Qianxi suppressed his thoughts for a moment before saying in a deep voice, "Cao Yin, you will handle this matter. Go back and write a report outlining the specific procedures."

"By the way, we should listen to the Crown Prince's opinions more often."

"Remember, don't exhaust the resources; try it first."

Cao Yin naturally dared not object to Emperor Qianxi's instructions. He respectfully agreed, then gave some details before taking his leave.

Watching Cao Yin leave, Emperor Qianxi fell into deep thought.

It is not difficult to see from the Crown Prince's performance that he is a financial expert.

Moreover, he is a rare financial expert.

If Emperor Qianxi encountered such a talented subordinate in his daily life, he would definitely try to cultivate him.

After all, ministers are easy to come by, but financial experts are extremely rare.

Given the Crown Prince's abilities, the best option would be to send him to the Ministry of Revenue. This way, I wouldn't have to worry too much about the affairs of the Ministry.

But if the Crown Prince is sent to the Ministry of Revenue, will the Ministry of Revenue gradually start to listen to him?
Once the crown prince controls the fate of the court, will anyone listen to the emperor?

However, it is truly a pity not to use a talent like the Crown Prince.

After thinking it over, Emperor Qianxi felt quite irritated.

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(End of this chapter)