Chapter 411
Before issuing the imperial edict, Emperor Xuande moved swiftly.
“Send an envoy to Joseon immediately! Right now!”
“Yes, Your Majesty!”
What Emperor Xuande wanted from Joseon was the original plate for the state-authorized promissory notes used by Joseon’s merchant groups.
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While currency and goods were the primary means of trade for merchants, when dealing with large quantities at once, there were risks and issues with storage and transportation. Thus, promissory notes were mainly used.
Concerned about tax evasion and other problems in this area, the Joseon court decided to issue promissory note paper directly from the government.
Like currency, they forced the use of promissory note paper with serial numbers in transactions, in an attempt to prevent tax evasion as much as possible.
Behind all these policies was Hyang. It was based on the knowledge he had learned in the 21st century and the experience he had gained during his short civil service career.