One Hai Rui's power is still too limited
Fifteen Years of Wanli (22)
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1、 At the beginning of the founding of the Ming Dynasty, Emperor Hongwu, the founder, used severe measures to crack down on the wealthy and powerful, which temporarily eased the fundamental social problem of land for two thousand years.
2、 Since the mid Ming Dynasty, this issue has become increasingly acute. High interest lenders use local bachelor's skins to lend a large amount of money to farmers, with extremely high interest rates, forcing most borrowers to be unable to repay.
3、 Once the loan term has expired and the borrower is unable to repay, the mortgaged land becomes the possession of the lender. Although the official regulations stipulated that the interest rate should not exceed three percent, and regardless of the length of the loan period, the total interest should not exceed half of the principal, this regulation has never been implemented seriously.
4、 At the same time as the above regulations, the authorities also stipulate that if land is occupied by lenders due to inability to repay loans, it can still be redeemed at the original price within five years, which further increases the complexity of the matter in writing.
5、 Hai Rui is determined to change this situation not only to maintain the dignity of the law, but also to uphold the sanctity of morality. Unfortunately, someone as powerful as Zhang Juzheng lost to interest groups, and Hai Rui was dismissed as a result.
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