Yuan Dynasty Quotes

T'ao Tsung-yi, a writer during the Yuan Dynasty (1271-1368), wrote that "children's meat was the best food of all in taste" followed by women and then men.

The oldest recorded example of fiat money was jiaozi, a paper currency issued by the Song dynasty in China in the tenth century. Initially, jiaozi was a receipt for gold or silver, but then government controlled its issuance and suspended redeemability, increasing the amount of currency printed until it collapsed. The Yuan dynasty also issued fiat currency in 1260, named chao, and exceeded the supply far beyond the metal backing, with predictably disastrous consequences. As the value of the money collapsed, the people fell into abject poverty, with many peasants resorting to selling their children into debt slavery.

China’s claim on Tibet was a classic case of historical distortion, which was buttressed by the British who double-crossed the Himalayan kingdom in their desire to appease China so that they could further their trade interests. Dismissing Indian arguments on the grounds that post 1947 the Indians were only parroting British imperial policy, the Chinese justified their takeover of Tibet on the grounds that in the twelfth century, Tibet had been briefly incorporated into China when the Mongols under Kublai Khan had established the Yuan Dynasty in China (ad 1271-1368).

The region was first brought into the eastern imperial orbit when the kingdom of Dali was overtaken by the Mongols in 1253 and incorporated into the Chinese administered area that would become known as the Yuan dynasty (1271–1368). The Yuan garrisoned multiple towns in the newly formed province of Yunnan, which thereafter became magnets for Chinese merchants.

In the Song, Yuan, and Ming dynasties, the government struggled to maintain a large enough money supply in metal coins and resorted to money printing, especially in times of war and natural or human-caused disaster. The problems with collecting taxes made the incentive to print even stronger. This caused high inflation or hyperinflation, making matters worse.

Marco Polo’s father, Niccolò Polo, traded with the Persians who were known to the early Europeans. These early Persians came from the province of Fârs, sometimes known in Old Persian as Pârsâ, located in the southwestern region of Iran. As a people, they were united under the Achaemenid Dynasty in the 6th century BC, by Cyrus the Great. In 1260, Niccolò Polo and his brother Maffeo lived in Constantinople, now Istanbul, Turkey. After the Mongol conquest of Asia Minor, the Polo brothers liquidated their assets into tangible valuables such as gold and jewels and moved out of harm’s way. Having heard of advanced eastern civilizations the brothers traveled through much of Asia, and even met with the Kublai Khan, the grandson of Genghis Khan, who later became emperor of China and established the Yuan Dynasty. Not being the first to travel east of Iran, they had heard numerous stories regarding the riches to be discovered in the Far East. Twenty-four years later in 1295, after traveling almost 15,000 miles, they returned to Venice with many riches and treasures. The Polo brothers had experienced a quarter century of adventures on their way to Asia that were later transcribed into The Book of Marco Polo by a writer named Rustichello, who came from Pisa in Tuscany, Italy. This was the beginning of a quest that motivated explorers, including Christopher Columbus, from that time on.

Kublai Khan founded the comparatively short-lived Yuan Dynasty (1279–1368).

The current Chinese regime’s proposed land-and-maritime Silk Road duplicates exactly the one Marco Polo traveled. This is no coincidence. The Mongols, whose Yuan Dynasty ruled China in the thirteenth and fourteenth centuries, were, in fact, “early practitioners of globalization,” seeking to connect the whole of habitable Eurasia in a truly multicultural empire.

paved the way for his grandson Kublai to conquer more of China and establish the Yuan dynasty,

On February 12, 1912, the Empress Regent abdicated on behalf of the dynasty. China was now a Republic. As such she was welcomed by Joint Resolution of the United States Congress: “Whereas the Chinese Nation has successfully asserted that sovereignty resides in the people” and whereas the American people are “inherently and by tradition sympathetic to all efforts to adopt representative government,” therefore the United States “congratulates the people of China on their assumption of the powers, duties and responsibilities of self-government” in the hope that under a republican form of government “…the happiness of the Chinese people will be secure and the progress of the country insured.” It was not to be that simple. Yuan Shih-kai remained in control of north China, which he withheld from accession to the Republican regime. He maneuvered and waited. Lacking united support or firm authority or a reliable military arm, Sun Yat-sen could not prevail. More negotiations ensued with unavoidable result. On March 12, 1912, Dr. Sun retired as President in favor of Yuan Shih-kai, who reestablished the Government at Peking. In this unstable mongrel resolution China’s modern age began.