Other language: Vietnamese
Generals of the Great Song Dynasty.
Chapter 574: The End of Jiang Qing's Era [574]
Summary
Su Shi felt relieved after Wang Ning An's plan to defeat the Jiang Qing family succeeded. Wang Ning An's approach was masterful, as he waited for the right moment to strike, gaining the sympathy of the common people. The key to his victory was public sentiment, which is crucial in a financial war. The Jiang Qing family, on the other hand, was selfish and disregarded the consequences of their actions, causing the public to resent them. When Wang Ning An proposed exchanging the new currency for well salt, the common people were relieved and eagerly contributed their copper coins to the Royal Bank. The merchants, led by the salt merchant Zheng Hong Tu, also supported Wang Ning An, and the Royal Bank amassed 4.7 million copper coins in just one day. Liu Ping, who had borrowed heavily from the merchants, was furious and demanded that the Royal Bank give him 8 million copper coins. However, Su Shi pointed out that Liu Ping's debt was not just to the Royal Bank, but to the merchants as well, and that he should focus on paying off his debts. The merchants, led by Zheng Hong Tu, confronted Liu Ping and demanded that he pay back his debts. The common people also turned against Liu Ping, and the Jiang Qing family's assets were frozen as compensation. Wang Ning An proposed using the 5 million acres of arable land obtained from the Jiang Qing family to plant mulberry trees and raise silkworms to produce raw silk and Shu brocade. He also suggested that the Royal Bank provide loans to encourage capable merchants to manage mulberry orchards and produce raw silk. Wang Ning An's plan was successful, and the Jiang Qing family was abolished. 37 people were sentenced to execution, and the rest were sent to participate in the construction of the Sichuan-Shaanxi direct road.Full content
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