readx; readx; Thanks to book friends: Lao Li 1407 for his reward; Thanks to book friends: Shihui's brother, my anger god and the model husband's monthly pass; Thank you!

Ask for a subscription! Ask for a tip!

...........

By June 1907, there were not many things that Zhang Wei needed to pay attention to, whether it was administrative affairs or military operations, Zhang Wei did not need to worry about them. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

In his spare time, Zhang Wei remembered that the empire had been established for so long, and there were still a large number of points in the system, and tens of millions of system points were received every month, it was time to establish the central bank of the empire.

After consulting with Prime Minister Chung Do-woo and Bank of Asia Governor James, the Imperial Central Bank is an independent unit, and the rank is equal to that of the Government Council and the Imperial Court. Although it bears the name of the empire, it is only under the leadership of the royal family; The Central Bank of the Reich formulates the financial policies of the Reich in accordance with the economic situation of the Reich and the international financial environment, and the Government Council, the courts and other departments shall not interfere; The Central Bank of the Reich was only responsible for issuing and recovering currency, and was not allowed to deposit or lend money; The Central Bank of the Reich was responsible for the supervision of all commercial banks within the Reich; The Imperial Central Bank can only be set up in branches at the provincial level.

The Government Council may set up commercial banks such as the Imperial Agricultural and Industrial Bank and the Imperial Construction Bank, and the provinces may establish local commercial banks according to the local economic situation.

Since there had long been a plan to establish the Imperial Central Bank, all provinces, cities, and counties had already built up bank offices, but this time only the banking facilities in the provincial cities were transferred to the Central Bank, and the city and county levels were allocated to the Government Council for the construction of commercial banks, which greatly accelerated the speed of the construction of the bank. dudu1;

Zhang Wei synthesized five financial managers who were proficient in monetary management, three remained in the Imperial Central Bank, and two were assigned to the Government Council to establish two commercial banks.

The three people who remained in the Imperial Central Bank were Gao Jinyuan as president, Chu Quanli and Sun Zhengquan as vice presidents; Zhang Wei ordered them to take turns as governors of the central part of the empire for 10 years each.

Qian Rushan served as the president of the Imperial Agricultural and Industrial Bank, and Zhou Guangyuan served as the president of the Imperial Construction Bank.

All five of them are members of the Royal Family Financial Policy Committee, assisting Zhang Wei in using currency to loot world wealth and use currency to control the world.

After Zhang Wei consulted with these five people, he decided to implement the gold standard financial policy and issue imperial banknotes, the monetary unit is yuan, and each yuan banknote can be exchanged for 1 gram of gold.

The denominations issued are $1, $5, $10, $50, $100 and $500.

In addition, small denomination banknotes are issued for corners and cents; 1 yuan equivalent to 1000 points; The denominations issued are 1 cent, 5 cents, 10 cents, 50 cents, 100 cents and 500 cents. dudu2;

The business department of the head office of the Central Bank of the Reich is only responsible for the exchange of gold and banknotes of 1,000 yuan or more; The business department of the provincial branch is responsible for the mutual exchange of gold and banknotes of 100 yuan and above; The exchange business of less than 100 yuan is the responsibility of the commercial bank, and can only be exchanged for gold into banknotes, and banknotes cannot be exchanged for gold; In other words, the minimum amount to exchange banknotes for gold is 100 yuan.

At the same time, after discussion, several people decided to charge 0.5% of the formalities and wear and tear fees for each exchange; At the same time, issues such as interest rates on deposits and loans were agreed.

Since the central bank vault had not yet been built, it was decided to temporarily set up the treasury of the Imperial Central Bank in the Imperial Palace, which would be stored in the system warehouse in normal times, and at the same time speed up the site selection and construction of the treasury of the Imperial Central Bank.

The directors of the business department of the head office and the presidents of the provincial branches are all special financial management personnel; The director of the business department of the provincial bank is a senior financial manager, and the counter staff includes intermediate and junior financial management personnel; For the time being, for the sake of secrecy, the Imperial Central Bank uses all system synthesis personnel; For commercial banks, only the leading positions are system synthesis personnel, and ordinary staff members must be recruited from the society.

The front of the yuan is a bust of Zhang Wei, the reverse side is the scenery of the empire, the back of 500 yuan is the image of the triumphal arch, the back of 100 yuan is the rainforest, the back of 50 yuan is the sea and sand, the back of 10 yuan is the volcano, the back of 5 yuan is the desert, and the back of 1 yuan is the grassland and cattle and sheep; On the front of the division is a bust of Zhang Wei in military uniform, and on the back are images of the main plants and flowers of the empire; The maximum size of all currencies is 500 yuan, gradually reducing according to the denomination, and the smallest banknote size of 1 cent; The main color of the yuan is red, and the main color of the division is green; All banknotes are printed with the national emblem and are surrounded by wreaths of wheat ears and other decorations, and the face value is indicated in uppercase and lowercase numbers, and the issuing bank is indicated as the Central Bank of the Xia Empire.

Zhang Wei attaches the most importance to the anti-counterfeiting measures of banknotes, and Xiao Yuer told him that this work is done the most thoroughly, and it is completely printed in accordance with the anti-counterfeiting measures of the US dollar in the 60s, using special paper and ink, and adding many anti-counterfeiting measures that even Zhang Wei is not familiar with, and no one can forge the banknotes of the Xia Empire for at least 40 years, which reassures Zhang Wei.

In 1907, Zhang Wei meant to issue currency according to the number of points and the amount of gold and silver reserves exchanged, as long as the other party had gold and silver, Zhang Wei could provide as much currency as he wanted. After 1908, in order for the central bank to issue banknotes, it had to provide the corresponding gold and silver as a margin. dudu3;

At the same time, after discussing with everyone, Zhang Wei decided that there would be no handling fee for currency exchange in the first month of issuance, and if silver was exchanged in the first month, it would be exchanged at 1:34 according to the gold and silver exchange ratio, and after the first month, not only would the exchange ratio be increased to 1:35, but also a handling fee would be charged.

Moreover, it was stipulated that in 1907 paper money, gold, silver and copper coins could be circulated in the empire, and from January 1, 1908, gold, silver and copper coins were prohibited from circulating in the empire.

From January 1, 1908, the Xia Empire only accepted imperial currency, gold and silver for all foreign trade, and did not accept the currencies of other countries.

In order to facilitate the normal trade between various countries and the Xia Empire, countries were allowed to transport gold and silver to the business department of the Imperial Central Bank for exchange business, and Asian commercial banks were authorized to exchange imperial banknotes.

At the same time, the Reich Central Bank began to publish advertisements in local newspapers from the end of June, and began to issue banknotes simultaneously in the Reich on August 1, with the first month being the trial operation period, the next three months being the mixed use period, and the official use period from January 1, 1908; It also introduces the exchange methods of imperial banknotes and how to distinguish the authenticity of imperial banknotes, so that the people of the empire can understand and accept banknotes.

In order to make everyone accept Imperial banknotes, Zhang Wei decided that starting in August, all military and government officials would be paid in Imperial banknotes.

All the problems that can be thought of in advance have been planned accordingly, and we are waiting for the issuance and exchange of banknotes to start on August 1. (To be continued.) )