1962 Volume 1962 Issue 12 Pages 29-52,II
In the period of the northern Sung dynasty, the production of salt in Huai-nan-Lu reached the highest level, and a large amount of salt interest was the resources of the country. In the early Sung dynasty, there was already the monopoly system of it.
Under the monopoly system the direct producer was apportioned his own liability, and as the reward, he was given Pen-chien (_??__??_) by the government. But the amount received was so small that they could only maintain the lowest standard of life.
The government monopolized the salt interest under this system. It was shown by the fact that the selling price by the government was ten times higher as compared with the buying price from the direct producer.
We find here the reason that the benefit of Pen-chien (_??__??_) was small.
In addition to these circumstances, the issue of Mo-ku-chao (_??__??__??_) caused divestment of salt interest by the commercial capitalists.
This was a heavier burden to the direct producer. As a result, the life of the direct producer was very hard.