Chapter 635: Silver Ban

"Last year we came up with three kinds of banknotes, one penny, five pennies and ten cents." Lin Feng further explained the role and requirements of this banknote, and it took a long time for the Mint Department to find a kind of paper for minting banknotes, which is tough and anti-counterfeiting, different from ordinary paper, and even has a part of the waterproof function. And the old man who was responsible for the development of this kind of currency paper was really successful a month ago, Lin Feng thought that after the cancellation of the central government, the idea of paper money could no longer be realized, but he never expected that the imperial court was short of silver, so he put forward this suggestion. Later, Lin Feng put forward the idea of paper money replacing copper money, and if paper money was adopted on a large scale, even the government could regulate the national economy by controlling the printing of paper money.

"Foreign countries entering our country, in the past, traded directly in goods or in gold and silver, and their wealth was always in their own hands, but if they traded with our paper money, they needed to exchange their money for our paper money before they could trade with our merchants, which also meant that they needed to give us all their gold and silver." Lin Feng said eloquently, "If there is a fluctuation in the imperial court one day, or an invasion by foreign enemies, the last thing I want to see in the imperial court is those who hold paper money, including the common people of our country and the foreign countries around us that hold our paper money." If a foreign country dares to offend our country, it only needs our country to announce the abolition of the old paper money and replace it with the new one, and then the paper money owned by the country will become a piece of waste paper. ”

Lin Feng talked about politics from economy, from people's livelihood to strategy, and talked eloquently for two hours, not only Emperor Dade opened his eyes, but even Gu Yong was also persuaded. Emperor Dade immediately made the decision to print paper money on a large scale, replacing copper and silver with paper money.

Although Lin Feng learned modern economics from Zhang Xiaowu, he was limited by this era and his thoughts after all, and he believed that Emperor Dade's forced implementation of the paper money policy was beneficial to the country, and the people would definitely support it. In order to support the circulation of paper money, Emperor Dade then issued a ban on silver, mandating that only paper money was allowed to be purchased in the city of Longdu, prohibiting the circulation of copper coins and silver, and the people had to go to the central bank to exchange paper money.

As soon as the ban on silver came out, not only Longdu, but also the people of the whole world suddenly panicked.

Merchants or wealthy people may be able to accept silver bills, but they can never accept paper money, although the use of paper money to facilitate transactions, but anyone with a discerning eye can see that paper money is definitely a "murder weapon" to plunder everyone's property. As a result, in Rendo alone, there were more than a dozen protest demonstrations due to the refusal to use paper money instead of silver coins, and the marchers were not only vendors, but also students from Longdu City, and even students from various colleges and universities.

In order to promote paper money, Emperor Dade took the lead in issuing paper money and military salaries to the army, and required that no merchant refuse. Previously, the imperial court was dissatisfied with the Suzaku Army because there was no money to reward it, and at this time, the imperial court finally straightened up and issued paper money bounties on a large scale. After receiving the reward, the soldiers of the Suzaku Army immediately bought and sold paper money on the street, but the local people refused, so the Suzaku Army immediately quarreled with the local people, and then fought fiercely.

At this time, the local governments were also notified that they must support the paper money transaction, and if a dispute arises over the paper money, the person who refuses to use the paper money will be fully responsible. The yamen in various localities were dispatched throughout the day to collect and find people who refused to use paper money, and once it was found that the people refused to use paper money, they would be beaten at least and their property confiscated at worst.

Under the coercion, it took only five days for the city to eliminate the silver coins and use all paper money.

The success of the promotion of paper money in Longdu City made Emperor Dade full of confidence, and he then ordered the implementation of paper money throughout the country, especially in the Jiangnan area, and the use of paper money instead of silver money was widely used. And Lin Feng also became a celebrity in front of Emperor Dade, and he then thought that Lin Feng served as the governor of Jiangnan and was responsible for the construction and restoration of the three states in Jiangnan (Hangzhou, Jiangzhou, and Yuezhou).

Lin Feng immediately rushed to Jiangnan and contacted the vast number of hidden rebels through the remnants of the Heavenly Fire Sect, and they took advantage of Lin Feng's appointment as the governor of Jiangnan to resurrect the ashes. What Emperor Dade never expected was that by letting Lin Feng go to Jiangnan, he would actually cultivate a strong opponent for himself. And because Lin Feng had strong financial resources and devoted himself, coupled with the fact that the Jiangnan rebels were re-collected by Lin Feng and no longer made trouble, Jiangnan regained its vitality in a short time.

When Emperor Dade heard that Jiangnan was restoring people's livelihood, the people lived and worked in peace and contentment, and the remnants of the rebellious party were nowhere to be found, he immediately called Lin Feng a capable minister in the world, and at the same time promoted Lin Feng to be the right servant of the household department.

However, the ban on silver was not well promoted in various places, not only the people refused, but also the local government refused to use it, and in some places there were uprisings and riots because of paper money, which really caused headaches for local officials.

Zhang Xiaowu naturally also received the paper money task, because the next 500,000 taels of the Qinglong Army's military salary was the five million paper money sent by the imperial court. Zhang Xiaowu did not expect that the central bank would force the implementation of paper money in this way, in his heart, paper money will be gradually promoted after at least ten years, which is as impatient as Emperor Dade It only took two months to enforce it. And because of the lack of paper quantity, the quality of paper money in the later period did not use standard paper, and became shoddy, which is simply not promoting paper money, but exchanging paper for silver.

"Nonsense!" Zhang Xiaowu looked at the vague ten-cent banknote in his hand, and threw it on the ground in anger, "What is this?" Plundering property? ”

Wu Song said: "Commander, the sergeant does not approve of paper money, and some soldiers gather to ask for an explanation. ”

"What do you mean?" Zhang Xiaowu's eyes widened, "I'm still fucking angry, you go and tell everyone, I won't admit this shit." ”

"But what about the sergeants?"

"Tell them to be honest, you don't need paper money for the time being."

"Is it just Youzhou?"

"Daizhou, Qingzhou, Xuzhou, Youzhou, the four places do not use paper money for the time being, if someone asks, just say I ordered it."

"If the emperor blames it......"

"I can handle it."

"Whoa."

Zhang Xiaowu then found Guan Xiang and asked about the banknotes, Guan Xiang was the most profitable person under Zhang Xiaowu, who fell ill with grief because Su Yu was killed some time ago, but fortunately recovered after two months of recuperation. Guan Xiang shook his head after careful study and said: "Pushing paper money is tantamount to killing chickens and taking eggs, and the current disadvantages will not be reflected for the time being, but after a year or two, there will be more and more paper money, and I am afraid that the country will be in chaos." ”

Guan Xiang's concern is inflation, although he does not understand the term, but he sees the biggest drawback of paper money, paper money is just a transaction symbol, and when the government prints paper money at will, it will inevitably plunge the country into turmoil. The Kuomintang's indiscriminate issuance of paper money on the mainland, which caused a complete collapse of the domestic economy, began with the plundering of private wealth by government agencies—and now, after tasting the plundering of private wealth, the Dade Emperor can no longer stand the pace of greed.