Xuanzong wins a brief power struggle between…

Xuanzong wins a brief power struggle between himself and the princess Taiping in 713; she commits suicide and Xuanzong now assumes full authority as emperor.

Hs father retires into seclusion.

The highly lucrative Inexhaustible Treasury, which is run by a prominent Buddhist monastery in Chang'an, collects vast amounts of money, silk, and treasures through multitudes of rich people's repentances, left on the premises anonymously.

Although the monastery is generous in donations, Emperor Xuanzong issues a decree abolishing their treasury on the grounds that their banking practices are fraudulent, collects their riches, and distributes the wealth to various other Buddhist monasteries, Taoist abbeys, and to repair statues, halls, and bridges in the city.

Xuanzong allots twenty million copper coins and assigns about one thousand craftsmen to construct a hall at a Buddhist monastery with tons of painted portraits of himself, and of deities, ghosts, etc.

For the annual Lantern Festival of this year, recently abdicated Emperor Ruizong of Tang erects an enormous lantern wheel at a city gate, with a recorded height of two hundred feet.

The frame is draped in brocades and silk gauze, adorned with gold and jade jewelry, and when its total of some fifty thousand oil cups is lit, the radiance of it can be seen for miles.