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Chapter 158 Yarn and Loom

Zhao Peng took four Jinyiwei wearing scarlet flying fish suits and wingless black hats, following closely behind the princess. Qian Qianyi was shoulder to shoulder with Zhao Peng, and Zheng Sen was behind.

Princess Kunxing got ashore, and the Changshu County Magistrate immediately brought a group of gentry forward, bowed to the ground, and bowed: "My (caomin) and others will meet His Highness the Princess!"

"Everyone is not a gift!" Princess Kunxing made a gesture. At this moment, when she was young, she faintly had the aura of being a mother in the world.

Princess Kunxing and others got on the car and headed straight for Qian Mansion.

After the group walked into the Qian Mansion, Princess Kunxing and Fei Zhen'e headed straight to the backyard under the guidance of two maids. Zhao Peng and Zheng Sen followed Qian Qianyi into the lobby. They exchanged greetings and sat down. Qian Qianyi sat on the Grand Master's chair in the middle in front of the lobby. Zhao Peng sat on the first chair to the left of the master. The local county magistrate sat on the right of the master, and Zheng Sen sat next to Zhao Peng.

On the chairs on both sides of the lobby were seated with local figures. Everyone praised Qian Qianyi on the main seat and Zhao Peng on the second seat, and the praise sounded throughout the lobby. Outside the lobby, inside and outside the Qian Mansion compound, were crowded with onlookers.

Qian Qianyi first bowed to the gentry and said some polite words before making a gesture to Zhao Peng: "Dear fellow villagers, the prince-in-law came today, not only to pick up the family of the Zhonglie Wu family of the Ming Dynasty, but also to give you money."

"The way to make money?" The gentry's eyes were straightened, and everyone whispered and talked.

"Please be quiet, please be quiet," Qian Qianyi made a gesture to everyone, "Please listen to Bo Zhongyong first."

Zhao Peng bowed his hands to the gentry to express his respect: "Everyone, what is the world-famous thing in Suzhou?"

"Silk!" said a squire.

"Su Gang!" said another squire.

"Weaving!" said a squire.

Zhao Peng smiled and said, "The three villagers said that, Suzhou silk is famous all over the world. Not only China uses my Suzhou silk, but even Japan and the distant Thais on the other side love me Suzhou silk! Sugang is also world-famous, but I will talk about that later. Let's talk about the silk and weaving in Suzhou first. Silk purchased for one tael of silver in Suzhou can be sold for dozens of times the price across the ocean to Europe! Besides, Suzhou weaving, the cloth weaving in Suzhou is not only popular in China, but also transported to the New World on the other side. The New World is full of gold and silver mountains! Ordinary cotton fabrics produced in Suzhou can be transported to the New World on the other side. One piece of cloth can be exchanged for one tael of gold!"

"Wow!" A scream rang out in the lobby.

What does one tael of gold mean? According to the price of gold and silver in the Ming Dynasty, one tael of gold is ten taels of silver! It is such an amazing thing that one tael of gold can be sold for a piece of cloth.

Someone asked, "Brother, is there really a mountain of gold and silver on the other side of the river?"

Zhao Peng smiled and replied, "Of course it's true. How could I deceive you? Do you know, in the early Ming Dynasty, what was the currency used by the people? It was copper coins. Later, because of insufficient copper coins, the treasure banknotes had to be issued. Later, the treasure banknotes went bankrupt and became waste paper. But in the middle of the Ming Dynasty, the private currency had unknowingly turned into silver. Why is this?"

Someone replied: "Because there is too much money on the market."

"But where does this extra silver come from?" Zhao Peng asked.

Everyone looked at each other. These gentry only knew how to make money and save money, but they didn't know where the Ming Dynasty's silver came from.

Zhao Peng struck while the iron was hot and said, "Of course the extra silver did not come out of thin air, but was flowing in from overseas! The Franchise sailing ships transported back a ship of gold and silver from the New World on the other side, bought silk and ceramics in my Ming Dynasty, and then shipped them to various places in Thailand. In this way, the gold and silver from the New World on the other side flowed into my Ming Dynasty and became the silver in your hands."

Everyone looked at each other and nodded in agreement. One person said, "That's true. I sold ceramic silk in the Ming Dynasty and exchanged it for the Eagle Ocean made by the Franchise machine. The Ming Dynasty government then cast the Eagle Ocean into silver ingots."

Zhao Peng smiled and said, "Dear fellow villagers, I have already said this. Don't you believe that there are many gold and silver mountains on the other side of the New World?"

Everyone whispered and talked, as if they were discussing something. After a while, someone spoke: "Brother, although the new continent on the other side of the ocean is good, it is far away. It takes several months to wander on the ocean, traveling thousands of miles, and those who cross the ocean will die for a lifetime. I am afraid that we will not be blessed to receive this fortune."

Zhao Peng nodded slightly and said, "Everyone doesn't need to go out to sea in person, so you can let your family go out to sea and travel across the ocean to dig gold and silver. You just need to sit at home and gold and silver will roll in. Wouldn't it be nice?"

At this time, someone said, "Brother, since the advantage of our Suzhou is weaving, then we can also sit at home without the need for family and tenants to venture across the ocean and produce silk and cotton cloth to sell overseas. Wouldn't we also make money?"

Zhao Peng showed a bright smile on his face: "This old man has come to his point! Suzhou is famous all over the world for its weaving industry. Why can't we play to our advantages? It's just that now, the weaving efficiency is inefficient. When Ben Bo was in the capital, he was fortunate to get a new spinning machine from a Thai man. Now Ben Bo has successfully imitated it, and today he will bring you a feast for the eyes."

As he said that, Zhao Peng stood up and shouted at a young Jinyiwei standing outside the door: Xinyuan, come in!"

Chen Xinyuan walked in, and Zhao Peng ordered him: "Xinyuan, go outside and ask someone to carry the yarn machine and loom in."

"No!" Chen Xinyuan bowed and walked out. After a while, he took eight Jinyiwei and carried a large box into the lobby, and asked the eight Jinyiwei to put the two boxes on the ground. He opened the first box to reveal a spinning machine inside that everyone had never seen before. This spinning machine was equipped with eight vertical spindles, which was different from the spinning machine that had only one horizontal spindle before.

Zhao Peng pointed to the two boxes and said, "The first box is a yarn machine, and the second box is a loom. They are all the latest machinery from Taixi, which can bring more benefits to you."

The spinning machine was taken out and placed on the ground. Chen Xinyuan brought a stool, sat in front of the yarn machine, and stepped on the pedal with his feet. Eight spindles turned at the same time.

"This item can increase the spinning speed by eight times! If you are interested, you can order from Ben. Ben will not charge you any money, but you just invest in the yarn machine. What do you think?" Zhao Peng said slowly.

"Invest in shares? How to invest in shares?" a squire asked quickly.

"It depends on how many assets you have. Ben Bo made a yarn machine with a price of 100 taels of silver to invest, and he gave it according to the proportion of dividends." Zhao Peng replied with a smile.

The gentry secretly thought in their minds that one such yarn machine is equal to eight, that is, using one yarn machine can reduce the employment of eight weavers. The wages of Jiangnan weavers are not cheap. A skilled Suzhou weavers could afford maids and take concubines at home. This shows how expensive the labor costs were back then. According to the labor costs of fifty taels a year, a yarn machine saved seven weavers a year, and 350 taels a year! Of course, it is very cost-effective.

But if you buy one hundred taels of silver, it would be fine, but if you want to invest, the gentry felt a little distressed. If you invest, you have to pay dividends every year, so it would be better to buy out one hundred taels at one time.
Chapter completed!
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