Chapter 1243 seek peace with the prince(2/2)
Each iron coin weighs one qian, as an ordinary copper coin of ten cents.
In this way, 64 million kilograms of iron can be cast into 100 million jin of iron coins.
"Your Majesty, we don't have so much iron reserves." The Minister of Works reminded the emperor. Now there are chaos everywhere, and many mines, steel mills, etc. are also unstable in production.
There wasn't so much original reserves at all.
You can't melt the swords and armor of the arsenal into cast iron coins, and collect the iron pots and iron plows of the people's homes, right?
"Then add some other things to the iron. Use half or one-third of the iron coin to use, so that less iron can be used to cast more iron coins." Li Shimin said.
These words actually made the ministers unable to refute.
There is indeed nothing wrong with it.
But Wei Zheng blew his beard and stared at him, and jumped out.
"Your Majesty, this iron coin is minted. Who would like to use it? I am afraid that like treasure money and gold coupons, it will soon become a big fuss and become a bad reputation. Your Majesty thinks that an iron coin that only contains half a coin or even less is considered a normal ten copper coins? Your Majesty thinks that the people are so stupid?"
"Is iron more expensive than copper, even twenty or thirty times more expensive?"
"Your Majesty, stop making any iron money, stop. If this continues, I am afraid that the world will rebel and the people will rise up!"
Li Shimin gritted his teeth and almost ran away.
"Wei Zheng, what good ideas do you have?"
"I have a good idea to calm the people and protect the country." Wei Zheng stood there, "The solution is very simple. Please give me a decree to me and ask me to go to Guangzhou and have a peace talk with the prince!"
"Get out!" Li Shimin roared, asking him to seek peace with the prince, it was absolutely impossible.
No matter how bad the situation is now, he has not reached that point yet.
As for the fact that iron coins were twenty or thirty times more expensive than copper coins, he considered it from another perspective. Iron coins were not completely based on denomination, but were equivalent to credit currency, but were better than paper currency, and were not completely credit currency.
Chapter completed!