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#131 - Chapter 18: The River of Money (II)

Beckett looked at the Earl and asked, "Father, did you invite the Hightower family? I didn't expect you to have such an arrangement."

Adrian shook his head: "I don't have that much influence. Prime Minister Jon personally came to discuss it. You also know that the Hightower family has been working to improve relations with the royal family, and Prime Minister Jon easily persuaded them. Supporting the King's new currency policy this time will not cause any losses to the Hightower family, so why not do it!"

যখনই হাইটাওয়ার প্রবেশ করলেন, তিনি অবিলম্বে উজ্জ্বল আলো অনুভব করলেন। ভেতরের জায়গা তার কল্পনার চেয়েও বড় ছিল। মার্বেল এবং এক টুকরো বড় গ্লাস দিয়ে আলাদা করা লম্বা কাউন্টারগুলির সারিগুলি পৃথক ব্যবসার জানালায় বিভক্ত ছিল। অন্যদিকে, তার মতো বড় আকারের বিনিময় গ্রাহকদের অভ্যর্থনা জানানোর জন্য ডেডিকেটেড রুম ছিল। সবকিছু সুশৃঙ্খল মনে হয়েছিল। সিরফ মনে করলেন তার নিজের ব্যাংকও এভাবে চালাতে পারেন।

On the street, people saw the Hightower family bring so much money, and dispelled their concerns. Many also walked into the exchange office. The number of receptionists inside was limited, and the tax police guarding the door would control the flow of people. A long queue gradually formed outside the door. At this time, tax police patrolled near the queue, firstly to maintain order, and secondly to prevent theft.

They really caught two pickpockets. The two thieves were locked to the pillar next to the bulletin board, and whipped in public until their skin was torn and bleeding. The people cheered.

Liu Yuan said to Beckett: "The people need role models, especially when it comes to major financial matters. They are only willing to believe what they see. If enough rich people set an example in front of them, it can increase their confidence, so you must maintain the official credibility."

Adrian: "But foreign merchants have not come to exchange. The new decree is not very friendly to them. No one wants to pay the exchange fee, which will inevitably increase their costs."

Liu Yuan: "They have to endure their dissatisfaction. This decree itself is a knife. Foreign merchants who want to do business in King's Landing must use Westeros currency. Since it is an exchange, we should of course charge a handling fee. If foreign merchants want to exchange back to their own currency when they leave, they will have to continue to pay the handling fee. This is equivalent to an extra two taxes, which invisibly increases the revenue of the Ministry of Finance. If they do not exchange, local merchants will gradually refuse to trade with them. Because once they receive foreign currency and want to realize it, they will have to bear the handling fee. Unless they can trade in the other party's country, or continue to insist on bartering."

"Knock knock knock!" The door was knocked. "Come in!" A capable follower came in and said to several people: "Earl, news has come from the River Gate exchange office. The Iron Bank branch directly exchanged 200,000 gold dragon coins and 8 million silver stag coins there. Manager Jon reported that their new money inventory is running low, and hopes that headquarters can speed up the allocation."

Earl Adrian smiled and immediately ordered: "Let the mint immediately replenish the shortages in various places, order the second tax police brigade to escort the money, and ensure the safety of the funds. Send the recovered coins to the mint master for remelting."

Liu Yuan: "Basically, it is on the right track. Pay attention to controlling the speed at which new money flows into the market. There are only so many large households in King's Landing. The consumption of citizens is mainly silver stags and copper coins. The mint maintains normal production, and the gold coins we铸造 ourselves will slowly flow into the market."

The King's Currency Act was promulgated and has been implemented for a month. The new coins have also begun to circulate in the market. The people have found that the new coins are wear-resistant and not easy to rust. Ordinary citizens basically do not use gold coins. For a time, the exchange volume of silver stag coins and copper star coins has risen sharply.

Liu Yuan used the system workshop to work overtime for a month to produce 500 million silver stag coins and 3 billion copper star coins. So much money, just relying on the three mints in King's Landing, would take 60 years to造 even if they worked day and night.

Especially in the production of copper star coins, 5,000 tons of pure copper were used, and nearly 4,000 tons of other metals such as steel and nickel were also used. The silver stag coins have a silver ratio of 89%, a copper ratio of 10%, and a tin ratio of 1%, which also used more than 6,000 tons.

He couldn't justify taking it out all at once. Liu Yuan planned to store it in his fief and then transport it to King's Landing on a regular basis.

At the Small Council, several important ministers of the kingdom gathered here. Even the rare King Robert attended the meeting. It was because the treasury had no money that many projects had been delayed for nearly three months. The Minister of Finance had previously guaranteed that the church's loan would be managed by him, and the treasury would improve within three months.

Now the deadline has arrived, and they are all staring at Earl Adrian with burning eyes. Robert smiled and said, "Earl Cetigar, don't keep us in suspense, everyone is waiting for your good news!"

Adrian took out a thick ledger and said with a smile: "Thanks to the power support of His Majesty the King and the Prime Minister, our Ministry of Finance has achieved unprecedented success. Using the original 200,000 gold dragons in the original treasury and the church's 1 million gold dragon loan, we recast 375,000 new gold dragon coins, new silver stag coins... The profit is about 11%. A part of the profit subsidizes the cost of copper coins. The biggest income comes from currency exchange, in which foreign merchants use their currency and gold and silver, and the handling fee for a single transaction is 5%. The customs tax this month has increased by 17%. As of yesterday, the treasury has made a total profit of more than 338,700 gold dragons. However, it is estimated that this number will decrease in the future, but the total revenue by the end of the year should exceed 500,000 gold dragons."

His speech aroused enthusiastic applause from everyone. Since the establishment of the new dynasty, they have never earned so much money.

……………………………………

King's Road, Liu Yuan galloped all the way with his guards. In order to help the Earl solve his difficulties, he stayed in King's Landing for nearly three months, and he had no time to visit his fief.

Roddy had to come to King's Landing every ten days to report on his work. Due to the sufficient manpower, especially the almost extravagant configuration of craftsmen, the walls of Thorns City had been closed, and the basic buildings in the city had taken shape.

Hog Castle at Mother Pig's Cape, the local lord, Ser Roger Hogg, was standing on the fortress wall, watching the departing cavalry team. He turned his head to look at his six soldiers and four crossbowmen, who were not even equipped with complete armor, and he felt extremely depressed. He couldn't figure it out. How could a family that no one had ever heard of have such abundant wealth? Their Hogg family had been breeding here for three generations, painstakingly managing the farm and this territory, and they could only earn a few dozen gold dragons a year.