Read I Was Reincarnated as a Poor Farmer in a Different World, so I Decided to Make Bricks to Build a Castle

1074 - - diffusion of en

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"In the end, the silver is the collateral. That's what Ai had in mind from the beginning."

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　The question of whether or not the Orient's parliament will recognize the ene as official currency.

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　It seems that the issue was settled when Ai submitted a draft bill to the assembly, and the assembly discussed it on the basis of the bill.

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　A new type of bracelet given to believers by the Church of Barca.

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　It was decided to officially recognize the en, which can be processed by the transaction function attached to it, as money.

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　This means that ene has been added to the taxes to be paid to the Orient.

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　However, a condition was set for this.

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　One of them was the disclosure of information.

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　The Orient must know who has how much ene and where and how much ene is collected as a tax.

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　For this purpose, it seems that it was stipulated that the state can know at any time how much assets a person has.

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　This caused quite a stir.

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　The state was more accepting of it because it was easier to manage and welcomed it.

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　However, merchants tended to be reluctant to have their money known, and Christina, for example, was against it until the very end.

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　In fact, it seems that even some members of the Diet were against it.

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　But in the end, the decision was made this way.

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　Another major decision was made.

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　The silver was stipulated as a guarantee for the value of the ene.

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　In other words, the ene and silver are linked in value.

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　Ene is not a silver coin, but it must be managed in such a way that it can be exchanged for silver in proportion to the amount of ene if necessary.

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　This is the main reason why the Congress approved the ene.

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　In other words, if the Church of Barca, which controlled the En through the bracelet, issued an unlimited amount of En, the Orient could demand that the Church of Barca exchange the En for silver.

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　If the Church of Barca issued so many Ens that they could not be converted into silver at that time, the State could take control of all the Ens from the Church of Barca.

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　This meant that the Church of Barca would henceforth issue ene in proportion to the amount of silver it had in its possession.

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　This will certainly have the effect of controlling the uncontrolled overproduction of silver.

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　That is why the members of the Orient approved of the En.

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　Normally, the existence of "en" would lose its value if such a condition is attached to it.

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　Because the Church of Barca, which is a new religion, should not have so much silver.

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　If the amount of silver held by the Church of Barca is small, the amount of the En issued will be limited.

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　What would happen then?

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　Ene will become a money that can be held by only a very small number of people, and transactions using it will not take place very often, and it will be illiquid.

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　This kind of money is meaningful because everyone uses it.

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　If most people do not know who has it, and most people do not have en, it will not be popular, no matter how useful it is.

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　In other words, the new currency, the en, will be a money that appears but does not make a splash, and will soon disappear.

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　But Banagher and his friends did not know that.

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　But what Banagher and his friends did not know was that there was a way to make silver in Barka Church, or rather in the new Barka Town.

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　It is the white dog people called the Elchan series that we brought back alive during the winter.

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　After that, they gradually became accustomed to life in the new Barca Street, and they are always made to exchange iron for silver before they eat their given meal.

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　In other words, every day silver piled up in the Barca Palace, the center of New Barca Town.

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　Thanks to this, we are on track to issue a certain amount of silver.

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　At least, it will not disappear immediately after its launch.

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"But you thought about it. I didn't think there was an iron mine so close by. I mean, is the Barka church taking care of this, Hannah?"

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"Nah, I managed to ....... It's just that everyone is bringing in so much that it's a little too much work, Mr. Alphonse."

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"If you have a problem with that, tell it to the Eye. I don't know."

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　Elle and her friends can make silver with their alchemy.

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　But there was one thing we really needed for that.

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　Iron.

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　Because silver cannot be made without iron.

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　That's why I went to Ai to get a place where there is an iron mine to get iron, but he told me there is no need for that.

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　And instead, Ai provided me with a way to get iron.

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　It was a terribly easy way.

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　He had the people bring the iron themselves.

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　In other words, this is the way Ai did it.

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　He told the people that if they brought iron to the church of Barka, he would exchange it for en.

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　This had a great effect.

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　Because some of the coins circulating in the Orient were iron coins.

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　Iron coins are a lower rank than gold and silver coins.

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　If you took the iron coins to the church of Barca, you could get them exchanged for en.

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　The ene could also be exchanged for silver if necessary.

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　The people must have imagined alchemy when they heard this.

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　Just by bringing iron coins to the church of Barca, you can get silver.

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　Soon, iron was collected in large quantities.

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　It's like they didn't need an iron mine.

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　The iron coins collected from the churches in the Orient are given to Elle and her friends to be converted into silver.

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　The amount of silver is used to issue the en, but it seems to be well calculated, and we have not suffered any damage.

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　Because there is no way to know how much silver can be extracted from the iron coins unless one enters the Barca Palace.

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　It seems that the amount of ene issued was actually set lower than the silver produced from the iron coins, and yet the people benefited from this situation.

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　This led to a situation in which those who obtained the new bracelets in the church of Barca brought their iron coins and converted them into ene.

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　The ene could be converted into silver or traded as it was.

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　When it became known that it was safer to keep the silver in bracelets than to keep the actual silver on hand, people gradually began to use ene in their daily transactions.

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　Thus, en began to spread steadily in the Orient.

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