This place was originally a mansion of a wealthy family, so there was naturally a study, not only but also quite luxurious.

Taichang sat on an expensive mahogany chair, touching the exquisite patterns on it, and couldn't help but sigh: "Oh, I really didn't expect the income of the Daming Money House to be so amazing."

Isn’t this a good thing to make a lot of profits?

King Xin Zhu Youjian couldn't help but bow and asked, "Father, my son, please ask, isn't it good if the money house in Daming has too much income?"

When Taichang heard this, he shook his head and smiled bitterly: "I don't mean that too much income is not good. What I mean is that it is not good to distribute dividends like this. Have you ever calculated that the internal treasury accounts for about 10% of these incomes and how many% of other semicolons accounts for?"

Zhu Youjian said without hesitation: "This son minister has calculated that there are now 25 semicolons in total, which is exactly 50% based on five or one percent. In addition, there are also son ministers and father-in-law each, and the inner treasury accounts for 40%.

Taichang nodded slightly, then sighed: "Fifty percent is 500,000 taels. Think about it, the Daming Money Bank has only been open for less than three months, and the deposit of the bank has only been more than 20 million taels. The monthly dividends of each major sub-colon are 500,000 taels. If the deposit of the bank continues to rise to 100 million taels, then what is the monthly dividend of each major sub-colon? How much is the annual dividend?"

Zhu Youjian calculated silently and quickly replied: "If it is calculated by five times, the dividends of each major semicolon will be 2.5 million taels per month, and the dividends per year will be 30 million taels."

Taichang nodded, then sighed repeatedly: "Yes, it's 30 million taels a year, 300 million taels a year, 20 years, 30 years? Think about it, how much money is the people's total, if the people continue to divide this way, should the merchants still do business and should farmers still live?"

When King Xin Zhu Youjian and Prince Wu Yangchun heard this, they were all stunned.

They did not think so far. They just saw that the Ming Dynasty money house had more and more profits, so they were so excited that they forgot to eat and sleep.

Wu Yangchun just thought for a while and nodded solemnly: "What the emperor said is that it is really not possible to share this way. It is because the Weichen was negligent. He only looked at the current profits and did not think too far. Alas, in fact, Weichen should have thought about opening the semicolons to the nearby prefectures after making money. They must have long since reached the future dividend income."

King Xin Zhu Youjian thought about it for a while and realized how serious the matter was. He couldn't help but say anxiously: "Father, what should I do now?"

Yes, what should I do now?

Taichang frowned and pondered for a while, then said decisively: "Even if it's not this month, there's not much money anyway, so it's nothing to let them taste the sweetness. We can't do this from next month. We must lower their dividends, otherwise they will make all the money away. Only twenty-five semicolons account for 50. If the semicolons are opened, wouldn't it be worthwhile to them to share 100% of the income!"

Ten percent of the income is distributed to others, so they are not doing anything!

Upon hearing this, Zhu Youjian nodded without hesitation and said, "Yes, I must lower their dividends."

Wu Yangchun asked carefully: "Master, how much is the right amount of dividends?"

Taichang thought about it again, and then made a decision: "The principal of the Daming Money House is calculated at 100 million taels, one percent is 10 million taels, and 500,000 taels can only account for half a percent of this percentage of the dividend, which is 5% of the thousandth."

What does this five-thousand mean?

Zhu Youjian couldn't help but ask, "Father, what is five percent of a thousand?"

Alas, it seems that mathematics needs to be properly promoted.

Taichang explained patiently: "Because the amount of the silver is too large, we can't count it at 100% or 1000 parts. Five of the thousand is five of the thousand parts. "

Oh, so that's what it means. Zhu Youjian thought about it for a while and nodded repeatedly, "My son understand."

Wu Yangchun reminded carefully: "Your Majesty, it seems that it is not enough to occupy five of these thousand copies!! You know, twenty-family sections are 100 copies, and two hundred sections will become 1,000 copies. At this moment, almost all sections are talking about building a section. They all want to continue to open a section and open the sections to the nearby prefectures and even the county town below."

These people are not very active in making money.

The problem is that money cannot be made like this!

Taichang shook his head without hesitation and said, "No, we can't open a semicolon for them anymore. These people have worked hard to build a money house. It's good to give them 5% of the dividends. If they want to have more, it's impossible. In the future, we will open all semicolons in other places ourselves, and we can no longer let private money be paid to add dividends."

this!

Zhu Youjian couldn't help but worry and said, "Father, we are suppressing their dividends again and not allowing them to continue to open semicolons. They may have a lot of opinions!"

Taichang said lightly: "Do you have any objections? Yes, return the principal to them and let them get out! Whoever has any objections will accept the semicolon, we will open it ourselves! Jian'er, we must be tough when we should be tough. Think about it, without the guarantee of the court, without the guards we sent, without our wheel boats constantly conveying messages and even shipping silver, they can make money so easily?"

When Zhu Youjian heard this, he was stunned for a moment, and nodded repeatedly and said, "Yes, if you have any objections, let them get out with their principal. We won't let them make money!"

After all, he is still a child, so it is normal for him to be naive.

Wu Yangchun frowned and reflected, he was not a child anymore. The emperor asked him to take King Xin to do money business, but he only looked at the interests in front of him and had no foresight. This would definitely not work.

However, after pondering for a while, he discovered a very serious and embarrassing problem.

Should this be said?

He hesitated for a moment and gritted his teeth and said, "Your Majesty, I dare to say, we have lowered the dividends of the major sub-colons, but the income of the entire bank has not moved. This is one million taels a month, and five million taels a month is possible. That year it will be sixty million taels. If this is calculated, if it takes more than ten or twenty years, will the people have no money? Prince, we cannot fish in the waters!"

Uh, this question.

Taichang was stunned when he heard this.

If you continue to make money like this, you will indeed quickly suck all the money from the people, and fish will not be able to survive if you run out of the water!

What happens if the fish cannot survive?

Isn’t this the same nature as the current vassal kings’ crazy annexation of land?

He thought about it carefully, then nodded slowly and said, "Well, this reminder is good. Now the imperial court needs money everywhere, so we must draw some water. However, in the future, we can't pump like this. Let's do this. When Jiannu is eliminated and the thieves are pacified, we will gradually reduce the charges for depositing and exchange fees. In the end, we will handle both of these items for free."

ah!

Isn't this going from one extreme to another?

To be unable to fish without extinguishing the lake does not mean that you have to trade at a loss!

Wu Yangchun shook his head and said, "Your Majesty, I don't mean that. If we don't charge money at all, wouldn't we lose money? I mean, I'm collecting less appropriately."

Taichang smiled slightly and said, "Loss? How could we lose money? There is no charge for depositing banks and foreign exchanges. We can borrow money. Think about it, at least hundreds of millions of deposits will be worth tens of millions of dollars. Will we lose money if we lend it?"

Indeed, the benefits of borrowing are not low.

Although there is no unified interest on private lending at this moment, it will definitely be more than five taels of interest for a year if you borrow it for one hundred taels.

In other words, the interest collected by lending hundreds of millions of deposited banks is at least 5 million taels a year, which is enough.

Moreover, people who come to Daming Money House to borrow money must be to make more money, so there is no problem of fishing out of the waters. Ordinary people or merchants will not have much money in their hands, and the more capable people will have more money in their hands.
Chapter completed!