At the bottom of this clause, there was also a sample declaration form.
In addition to the basic information of the merchant, it seemed that the merchant also had to indicate the sales of the goods. Victor read it carefully several times, and suddenly an idea flashed through his mind.
I see! His eyes quickly moved between the fourth and fifth clause, and he gradually grasped the purpose of these two rules — taxation!
Like most cities, Neverwinter did not exempt businesses from taxes, but in fact, it was not compulsory to pay taxes. He had always paid taxes according to the actual amount, but among merchants, the phenomenon of tax evasion could be said to be common, and people like him were the exception.
Those merchants who bought fixed shops would pay a symbolic part of the tax, while those who rented shops or traveled basically did not pay a single cent. Compared with the patrol team that extorted money and took bribes in the past, the stable and relaxed environment in Neverwinter was no different from trade cities such as Valencia and Eagle City, which had zero taxes. In fact, it was even better. It was this condition that allowed the new king's city to develop a prosperous market in a very short period of time.
But it seemed that this situation would not last forever.
Of course, the merchant could be exempted from the handling fee, but he also had to submit the source of his income. If the Administrative Office deducted the tax according to this, nobody could say anything.
So there was no way to avoid it?
Obviously, there was. As long as he did not exchange the new coins for the Golden Dragon, he could directly use the proceeds to buy goods in Neverwinter and sell them elsewhere to make up for the loss.
But this was only a compensation.
Victor was very familiar with this situation. No one could guarantee that the income and expenditure would be exactly equal. To maintain a business, the new coins would generally be more than the old coins. They could either go to the Administrative Office to exchange the new coins for the Golden Dragon, or save them for the next use.
After a long time, the situation would gradually become like this: many merchants would have a certain amount of paper money in their hands. Since it could indeed be used to buy things and was convenient to carry, merchants would sooner or later exchange it among themselves. At first, they would exchange it for gold royals, but later on, they might even use it to buy goods.
This also meant that no matter which choice the merchants made, it would be beneficial to Neverwinter!
However, the point was that it was not difficult to achieve this, but it was difficult to take into account the feelings of merchants. In the past, there were countless lords who were banned, but these policies of Neverwinter did not actually harm the interests of merchants.
The registration could provide tax revenue for the city, thereby creating a better trade environment. Considering that legal operators often received preferential treatment from the policy, it was generally not too much of a loss.
The merchants who had been holding the notes did not feel much different from before. They could still avoid the tax and spread the notes in a disguised way. As long as the goods in Neverwinter could not be replaced, the new coins would gradually occupy the position of the Golden Dragon, even if it was not under the jurisdiction of the King of Graycastle!
Victor noticed that, in fact, it wasn't just the last two clauses. The entire new policy exuded a sense of gentleness. Subtle influence was its greatest characteristic.
There was no doubt that as long as the King of Graycastle controlled the grain trade in his territory, the new currency would be valuable. Even if there were some political factors, the main reason was the vast market in Neverwinter.
There was no doubt that as long as the King of Graycastle controlled the grain trade in his territory, the new coins would definitely have value. Even if there were no lack of policy factors, the main reason was the vast market in Neverwinter.
He had thought that it was a pipe dream, but now it seemed that it was not as unbelievable as he had imagined. As long as he controlled it well, King Roland Wimbledon might really be able to do it.
Victor could not help but shudder as he thought about it.
Replacing the Golden Dragon was just the beginning...
Once everyone accepted the new coins, His Majesty would have unlimited wealth. Any business plan would seem worthless compared to it.
If the news spread to the Kingdom of Dawn, the great nobles who were proud of being good at business would probably be shocked.
The only problem now was whether others could imitate His Majesty's new coins.
Two days later, on the day of payment, Victor immediately asked Tinkle to buy a set of notes from the residents at 1.5 times the original price.
At the first sight of it, the doubts in the jewelry merchant's heart completely disappeared without a trace.
"These pieces of paper... are so beautiful." Tinkle could not help but exclaim as she played with a brand-new note.
"Indeed." Victor had the same feeling. The new coins looked expensive and were very different from the "notes" he had imagined. They were soft and tough, which was obviously not the effect of ordinary paper.
The most special thing was the patterns and patterns on them.
There were seven kinds of notes, ranging from 1,000 to 1. The largest one was equivalent to the Golden Dragon, which could also be seen from its golden patterns. The remaining ones were 500, 100, 50, 20, 10, and 1. His Majesty had replaced the original unit with the new unit of "yuan". According to the different denominations, the colors and patterns were also different. For example, the front of the 1,000 note was printed with the heads of the King and Queen, which looked very lifelike. The bottom was marked with the words "Royal Bank of Graycastle". Although it only occupied a small area, the outline was very clear.
Upon closer inspection, one would find that both the handwriting and the portrait were pieced together by countless tiny stripes. These stripes were even thinner than a strand of hair, yet there was no trace of contamination or adhesion between the two. Just this point alone was enough to stop others from thinking of imitating it.
Victor looked at the other new coins one by one. The 500 note was printed with the Witch Union, the 100 with the factory and workers, and the rest with the new things in Neverwinter, such as the Miracle Building, the train, and so on. The back was uniformly printed with the coat of arms of Graycastle with a high tower and two guns. He could not help but raise the corner of his mouth. Obviously, the patterns on the new coins were carefully designed and repeatedly considered. From the appearance, they were no different from ordinary works of art. Even if they did not have monetary value, some Fjords collectors would be willing to spend money to collect them.
This was indeed a very smart method. Printing such gorgeous notes would undoubtedly increase the cost, but it would also subconsciously increase the people's confidence. If it was just an ordinary piece of paper, it would probably be hard to believe that it could replace the Golden Dragon. However, if it was a shiny thing, the effect would be much better — even if they were not fundamentally different.
Victor put down the notes and let out a long breath.
"What's wrong?" Tinkle asked curiously.
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