Chapter 324 Feasibility Study of Paper Money

Cai Zhishan's title of Governor of the Five Armed Forces of the Military and Political Yuan has now been changed to the President of the Military and Political Yuan, which is equivalent to the commander-in-chief of the three armed forces, and is the highest position in the army, which can mobilize the country's ten army corps and the Admiralty, as well as three million militia armed forces. (True, now the militia has grown to three million, not two.) )

However, he, as the dean, was not able to command the army of the whole country, and he had no right to intervene in the following five military units: first, the Imperial Forest Army; the second is the armed police; the third is the General Affairs Bureau; fourth, the ideological task force; Fifth, the Cao Gang.

The Imperial Forest Army is currently controlled by Li Derong and directly commanded by Gao Junshan, the armed police are controlled by Liu Fangliang, the General Affairs Bureau is commanded by Tian Fang, the ideological task force is controlled by Tang Liangyi, and the Cao Gang is controlled by Li Hu.

The division of labor among these five military forces is extremely clear: the Imperial Forest Army is to protect the emperor and the capital, the armed police are to maintain local law and order, the General Affairs Bureau is a special service organ, and the ideological task force is to do political propaganda, but it is a fully armed team, and the reason for this should be clear without explanation, that it is used to crack down on dissidents, and the Cao Gang is to protect the Beijing-Hangzhou Grand Canal, and now it has been extended to all shipping in the country.

Gao Junshan read Cai Zhishan's call, and the call said that the imperial concubine Jiya in Mongolia wanted to return to the capital, because she was worried that Gao Junshan would not agree, so she asked Cai Zhishan for help, hoping that Cai Zhishan could help persuade Gao Junshan to let her return to the capital.

Cai Zhishan also said in the phone call that under the regency of Jiya, the Mongolian province is well governed, and the Pozhit Khan (Three Treasures) has also matured, and has truly become the Great Khan of Mongolia, and has the ability to carry the burden of Mongolia alone.

For his third son, Gao Oasis, Gao Junshan knew in his heart, his prestige in Mongolia had already reported to him, and he didn't have to worry about a rebellion in Mongolia after Jiya left Mongolia.

He also wanted to pick up Ji Ya back to Beijing, he considered that Ji Ya was not young, and from Mongolia to the capital, there would be no less bumps on the way, so he was ready to take Ji Ya and Su Ye Na back to the capital together after the railway was opened.

Now that Ji Ya himself wants to return to the capital, Gao Junshan has no reason to stop him, he is supported by a hundred, and Qibao in the capital, that is, his youngest son, also needs to be taken care of by his mother, speaking of which, Qibao is also twelve years old.

So, Gao Junshan sent a telegram back to Cai Zhishan, and the Military and Political Yuan arranged to take Ji Ya back to the capital.

Of course, Cai Zhishan understood the purpose of the emperor's arrangement, so while arranging for Jiya to return to Beijing, he transferred Yuzi's Uliji back to Mongolia to help Pozhit Khan, and also transferred Uliji's Mongolian cavalry division back to Mongolia, and only he had the power to mobilize the army.

After Gao Junshan replied to Cai Zhishan's telegram, he was in a much better mood, although it was very late now, he was not sleepy at all, and when he saw a stack of newspapers in the living room, he took out all the newspapers with great interest and put them on the desk in front of him.

This was the world's first newspaper, Huaxia Daily, which had only one page and four pages.

Gao Junshan carefully scanned the newspapers one by one, and one of the articles caught his eye, which was titled "Feasibility Study of Paper Money."

The article begins with an explanation of the advantages of issuing banknotes, mentioning the advantages of banknotes that are less expensive to produce and easier to store, carry, and transport. The article proposes that banknotes must be issued by the state and used mandatorily.

The author argues that the amount of money issued must be limited to the amount of money needed in circulation, and that the amount of money needed in circulation should be considered from the relationship between the total commodity price and the velocity of money, and that if too much or too little money is issued, it will lead to inflation or deflation.

Gao Junshan smiled slightly when he saw this, since he put forward the theory of inflation, he nodded approvingly, fully affirmed the article, and continued to look at it, and the end of the article was to discuss the causes of inflation. The article points out that trade inflation is a phenomenon of comprehensive and sustained price rises in the course of economic operation, and the amount of paper money issued exceeds the amount of money needed in circulation.

Gao Junshan read the whole article and appreciated the paper very much, he looked at the author's name, Li Kaiyuan. He remembered that this Li Kaiyuan was a top student in the Finance Department of Chongwen Institute of Technology, and Gao Junshan had given him a separate class, and it seemed that his students had grown up.

"Feasibility study of banknotes." He repeated the title, "It's time to consider issuing banknotes." ”

When it comes to the issuance of banknotes, it is not a simple matter, first of all, the printing technology must be passable, and the printing must be color printing, with the color printing press must also have coinage paper, this kind of paper and ordinary paper can not be compared.

So if you want to issue banknotes, you have to study money printing machines and high-quality paper. Gao Junshan sent a telegram to the Academy of Science and Technology overnight, asking them to start research and development of papermaking and printing.

Gao Junshan's newspaper squad is in the front yard, opposite the guard squad on both sides.

"Li Derong!" Gao Junshan shouted.

Li Derong was in the hall, because Gao Junshan was reading the newspaper, Li Derong did not bother him, sat on a chair far away from him and took a nap, when he heard the emperor call him, he hurriedly stood up, took three steps and made two steps to Gao Junshan.

"Let's go, report to the office!" Gao Junshan commanded.

So, Li Derong led the way in front, walked to the front yard, and came to the newspaper class, where there were two operators on duty.

Here, Gao Junshan sent two telegrams, one to the Beijing Institute of Science and Technology, and the other to the rubber working group on Hainan Island.

This telegram to the Hainan Island Rubber Working Group was prepared to be sent by him during the day, but because he was busy with other matters, he delayed the matter.

The telegram sent to Hainan Island was to move them to the South Seas, which are the confluence of the Pacific and Indian Oceans, which have a hot and humid climate and lush tropical forests, which are very suitable for the growth of rubber trees.

Gao Junshan was anxious to ask the rubber working group to come to Nanyang because the demand for rubber was increasing, and it was difficult for rubber from Hainan Island to meet the growing demand.

Coming out of the newspaper class, Gao Junshan saw the black doorman in the daytime, and he asked with a smile, "You are Raj?" ”

Raj couldn't understand Chinese, but he knew that the one in front of him was the emperor, and he could only raise his hand in salute, not knowing what to say.

Fortunately, a local Chinese soldier came to act as an interpreter, and Gao Junshan and Raj were able to communicate.

The Chinese who acted as the translator was a platoon leader, and his Chinese language skills were not very high, and he was only half a bucket of water, so Gao Junshan could only have some simple conversations with them.