Li Shimin kept weighing the pros and asked with a frown: "Isn't it okay to call Datang Bank? Why do you add the four words "Royal Central" on it?"

It's a tacky thing to do with money after all.

After all, the status of a businessman is lower than that of a commoner.

Even if a businessman is rich, he cannot avoid the smell of money.

Even though merchants were not so discriminated against in the Tang Dynasty, they were not much higher.

Li Shimin didn't really want the royal family to be involved in money.

Xiao Yu explained, "Your Majesty, the old minister also asked the Grand Governor before coming. The reason why the words "The Royal Central" were added was to make the people of the world have confidence in the bank."

"Now that the Tang Dynasty is stable, the name of Your Majesty spreads all over the world. Only when the people know that the bank is His Majesty and the court opened it will they feel at ease to take out gold, silver and copper coins to exchange for new currency."

"With the words "Royal Central" it means that the bank has the reputation guaranteed by the court, which is also a key link for banks to handle storage and lending business in the future."

Hearing this explanation, Li Shimin agreed to add the words "The Royal Central Committee" and asked again: "The Royal Central Bank of the Tang Dynasty is responsible for issuing unified coins, so why do we still need to borrow money and keep coins?"

Li Shimin still didn't understand why Yang Fan wanted to re-establish a "bank" to do these businesses.

After all, the Tang Dynasty actually had a money house.

Although most of these money banks are private, banks will definitely affect the interests of the original powerful and powerful if they create loans.

Once it is not handled properly, it may be attacked by the powerful and powerful people in the world.

You should know that many powerful people have made money to get high interest rates.

In the entire Datang, no matter which prefecture or county, there are money shops that operate loan business, and there are also special cabinets for depositing, pawning, and custody of money and goods.

Now, Yang Fan asked a bank responsible for printing coins to do these things, which seemed to be a bit like copying the old background of these powerful people.

Not only Li Shimin, but Li Daliang and others also looked at Xiao Yu curiously.

Seeing everyone's puzzled eyes, Xiao Yu felt that he was OK again.

When he asked Yang Fan about this question in Jiangnan, he was so motivated by Yang Fan like a grandson.

Now Xiao Yu finally felt that he was superior to these people.

He knew it was time to give the Emperor of the Tang Dynasty and several bigwigs a good financial course.

Although it was from Yang Fan's stole the master, it was also from him!

So Xiao Yu held his head high and said, "Your Majesty, since the bank is responsible for printing coins and converting equivalent currencies, it will involve the issue of currency circulation. The normal circulation of currency needs to have unified standards."

"For example, if the people urgently need a loan, they have to borrow. But if the bank does not have lending business, the interest rates of borrowing and interest rates in one state and another state will not be unified, which will easily cause complaints from the people, but the interest rates will be completely different if the unified interest rates are completely different."

“In addition, there are other benefits to banking, such as buying goods from this state to another, and the merchant does not have to carry a lot of money like before, which is not only convenient but also safe.”

"Think about it, if you open a bank to various counties and towns in Datang, then you can let the merchants deposit their money in one place first and directly go to another bank to withdraw it with bills. Isn't that very convenient?"

Xiao Yu slowly explained the simple economics he heard from Yang Fan.

Those present can become the most powerful part of the Tang Dynasty, and none of them are stupid.

All they lack is knowledge.

After Xiao Yu's explanation, of course everyone can imagine the benefits of the bank.

Once the banking business is really expanded, it will not only effectively promote the development of Datang’s business, but also facilitate the lives of the people.

Of course, if the bank is not supported by the emperor, it will be difficult to open all over the Tang Dynasty.

Although Li Shimin realized the benefits of the bank, it also touched the interests of many people, which made him feel a little embarrassed.

"According to Duke Song, wouldn't the Royal Central Bank of the Tang Dynasty become a tool for competing for profit with the people? Once the bank carries out various businesses, how can other money banks survive?" Li Daliang asked with a frown.

Li Damin's question was immediately supported by Changsun Wuji and others.

After all, many officials present have money houses in their homes.

Money houses are the big part of the income of major families. Once this industry is gone, you have to tighten your belt and live a life.

Living a comfortable life, it is not easy to live a poor life.

Xiao Yulu did not argue with Li Daliang and others, but explained: "Everyone misunderstood that the establishment of banks was not to run money banks in various places. The Grand Governor said that the Royal Central Bank of the Tang Dynasty exists in the form of a shareholding system. If you want to open a money bank, you can participate as long as you invest. Of course, the staff of the money bank need to be qualified after passing the unified training."

In fact, Yang Fan told Xiao Yu to convey these words.

Even if Yang Fan is stunned, he will not be ashamed to the point of being an enemy of all the upper class figures.

What's more, these people are originally operating money-store business. As long as they are trained, banks can be opened in every corner of the Tang Dynasty.

Only when interests are mutually beneficial can we tie everyone together and twist it into a rope.

Yang Fan has the vision of later generations. Although he does not understand the bank's operating model, he still has a certain understanding of some superficial things.

After all, these concepts are more than 1,000 years later, and are definitely much more advanced than those at this time.

"Shared stock system? Who is the decision maker? What should I do if there is any disagreement? In addition, how to invest in the law if I want to invest? How much funds are needed?"

When everyone heard that their money bank would not go bankrupt because of the opening of the bank, of course, everyone had no objection, but instead cared about the specific affairs of the bank.

Seeing this, Xiao Yu breathed a sigh of relief and said with a smile: "The Royal Central Bank of the Tang Dynasty initially issued 1,000 original shares, of which 300 were controlled by His Majesty and the court. The Grand Governor's Office, which proposed to establish a bank, occupied 50 shares. The other shares were sold in the form of fundraising and stock investment, with a price of 50,000 jin per share. Of course, if there is a money bank, you can use the money bank to invest in the shareholding, and the more you refund the less you make up for it!"

Looking at everyone's shocked expressions, Xiao Yu smiled proudly.

He finally pretended to be in front of these big guys again.

The people present were indeed shocked!

There were only 1,000 shares issued, and everyone present was in an uproar.

You should know that the monthly salary of fifth-rank officials of the court is only about 5 kilns, which is equivalent to 1,000 years of not eating or drinking before they can be raised.

Although none of the people present made a living by their salary, they were also shocked by the price.

Everyone couldn't help but take a breath.

Wouldn't that mean that the shares of the Royal Central Bank of the Tang Dynasty are equivalent to 50 million guan.

This is equivalent to the taxes in the Tang Dynasty for two years. It was just established and it was equivalent to a giant. Who can compete with it?

Although I don’t know how big the bank can develop in the future, according to the plan, there is definitely a lot of potential.

What shocked everyone the most was that only about half of the shares were sold in total, which was a lot of monks and less porridge.

Since it was in line with the interests of the court and everyone, Li Shimin of course approved the request for the establishment of the bank.

For the trial operation of the bank, the Jiangnan area where Yang Fan is located naturally became a pilot area.

Seeing that the emperor had approved it, Xiao Yu finally breathed a sigh of relief.

After all, the 10 shares given away is a lot of wealth.

The bank matter was resolved, and for Li Shimin, Shi Jian Yinshan was his most concerned thing.

After all, Yang Fan sent 1 million yuan in cash this time, which is cash!

In terms of shock, it is no less than the upcoming bank.

"Duke of Song, is Shi Jian Yinshan's reserves true? What plans does Wannian County Duke have?"

Shi Jian Yinshan was already circulating in Jiangnan, and Li Shimin naturally heard it.

"Your Majesty, although I have never been to Fusang Kingdom, it should be true. As far as I know, the Grand Governor Yang Fan went to sea for only more than a month and brought back 1 million taels of silver. If the silver mine was not stored largely, it would never be possible to smel out so much silver in just one month."

Xiao Yu neither concealed nor exaggerated, but just told what he knew truthfully.

Upon hearing this, Li Er couldn't help but sigh in his heart that Yang Fan was really a blessing.

After a random trial, a silver mine with amazing reserves was discovered.

No wonder this kid always thinks about opening up overseas markets, and it turns out that he has already planned it.

At this time, Li Er couldn't help but think about whether he would send his son to Yang Fan, and maybe he would be able to benefit from it next time.

Thinking of this, Li Er sighed:

"I always thought that the Tang Dynasty was vast and rich in resources. I didn't expect that a small Fusang country would have such a huge silver mine. It seems that Yang Fan had a great opportunity to formulate a path to develop maritime trade. Unfortunately, my princes have no chance to see the vastness of the outside world."

After following Li Shimin for many years, Changsun Wuji naturally understood Li Shimin's thoughts very well and quickly said, "Your Majesty, since the Royal Central Bank of the Tang Dynasty is piloting this time in Jiangnan, the imperial court has the most shares, why not send a highness to take a look?"

His Majesty Li Er was happy, but he still pretended to say, "That's right, but now Yang Fan is the Grand Governor of Jiangnan Road. If I send the emperor to the south, wouldn't it be suspected of seizing power?"

"Is the great world the land of the king? All the lands of the Tang Dynasty belong to Your Majesty, so why do you have such concerns? What's more, the prince went south just to learn, not to fight for power and profit."

Now that Yang Fan's background is getting stronger and stronger, Changsun Wuji certainly cannot rest assured.

Although sending the prince south may not necessarily control Yang Fan, it is still possible to disgust this guy.

Li Shimin pondered for a while and asked, "Whose beloved thinks is the right prince?"

"As the crown prince, as the crown prince, should not leave Beijing. I believe that it should be chosen between the King of Wei and King of Jin." Since the emperor had such thoughts, Fang Xuanling and others quickly advised him.

Xiao Yu thought for a while and said, "Your Majesty, Your Highness, the fief of Your Highness of the King of Wei is in Jiangnan. The old minister thinks it is most appropriate to send Your Highness of the King of Wei to the south. In this way, Your Highness of the King of Wei can not only inspect the fief, but also help Wannian County Duke to open up the situation in Jiangnan."

Hearing this, Li Shimin hesitated.

On the one hand, he really wanted King Li Tai of Wei to go and plaster.

On the other hand, Li Shimin couldn't bear to leave his favorite son and travel far away.
To be continued...