Chapter XVIII Finance and Money

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Because of Liu Qing's words and deeds, even Liu Ying thinks that it is inappropriate for her to continue to serve as the director of the health bureau, after all, the health bureau will also have access to the latest research results of Xinmin Medical College.

But Zhang Chun still insisted on Liu Qing's appointment.

"Liu Qing's biggest advantage is that he is honest and has very good coordination skills."

That being said, the military part of Xinmin Medical College began to transfer to Green Lake and prepare for the establishment of a military medical school. Liji Hospital is also preparing to move out of Xinmin Medical College and merge with Shayang Liji Hospital. Whether Dark Moon is spying on Liu Qing or not, no one admits this, but with the personalities of Peng Yue and Chunya, I am afraid it is inevitable.

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Shayang Head Office of Cooperative Bank.

Liang Qichao was listening to reports from four county branches. The new currency in the jurisdiction is slowly spreading outward, mainly silver coins. The silver ingots in the head office have reached a very staggering number. However, even if the silver coins are only a dime, it is not practical to sell small commodities, so most of the copper coins circulating in the market are copper coins. Below the dime of silver coins are five, two, and one cent, five millimeters, two cents, and one millimeter of copper coins. The most used is millizi.

In the past, the territory was small, and there was no problem. But now that the territory is larger, the transportation of copper coins has become a problem. Originally, the issuance of copper coins only needed to be minted according to the gross output value of the control area. Not everything produced is traded, and the cooperative banks still hold the dominance of 30 out of 100 people.

However, this does not take into account trade and savings, especially those outside the control zone.

Since copper coins are the main trading currency. Silver coins are mainly used to store currency. So the silver ingots are flowing inwards and the copper is flowing outwards. Copper production in the control area is limited. It has to be used in other ways. This creates the problem of insufficient liquidity. Because many of the old copper coins that were exchanged in the past were also minted by local governments, the quality was very poor. After the mint was re-smelted, in addition to copper coins, there were also large quantities of tin and iron. Although it is also useful metal. But metal is not money, and it can't solve the problem of insufficient liquidity.

And the situation is getting worse, and the cooperative banks have no copper coins to give to depositors.

In addition to the problem of liquidity, it is the problem of transportation. The only factory that can make copper coins is the Xinmin Mint, from which all bank silver and copper coins need to be shipped.

Zeng Simin is concluding that she decided to use the trade volume to calculate the issuance of additional currency, but it is very difficult to count. The data is also huge, and the problem of military escorts has to be solved.

"Perhaps, paper money can solve this problem and exchange copper coins for paper money."

"Now the goods are exchanged for our copper coins, and then the copper coins are exchanged for silver ingots, so the black market price, the exchange price of copper coins is higher than the difference in the exchange price of silver coins. In this way, the speculator made a great profit just by exchanging it like this. In the case of paper money, the situation is even more serious. ”

"To devalue copper coins, you need a lot of copper coins. To ensure market demand, we can use silver to buy copper, or copper ore powder. The problem is that our casting speed and shipping limit the quantity. It can't stop the swarming merchants. ”

"Paper money solves this problem. We have enough power to devalue paper money. But even then, we need time. ”

Liang Qichao stood up and walked a few steps.

"President Zeng, restore the circulation of old copper coins in the territory. You'll see if there's going to be any problems. ”

Everyone stopped and looked at Zeng Simin. Zeng Simin frowned and calculated, and said for a long time: "This is very complicated. There will be so many ways to do it that I can't evaluate. However, it can temporarily solve the liquidity problem. These firms and money houses are so hateful. They're the ones who the hell. There are not many ordinary people. ”

Guo Hua blackened his face and made an action to wipe his neck: "Kill these mercenary guys." ”

Everyone looked at her with black lines, she looked like a beautiful woman, completely like a bandit.

Zhou Xizhe thought for a while and said: "It is impossible to kill them, but we can formulate a law called the crime of undermining financial order, arrest them, and confiscate their property." ”

Guo Hua nodded and said, "Yes, if you don't kill it, it's good to lock it up." ”

Liang Qichao said with a smile: "Yes, but the question of how to sentence needs to be studied." ”

Guo Hua said: "I still feel that when I reach a certain amount, I will kill my head." ”

Zeng Simin also nodded and said: "Whether to allow the circulation of old copper coins, because the matter is important, I still have to ask Lord Zhang to make a decision." It's okay to control the amount of new coins that each person can exchange every day, but it requires proof of identity, otherwise it would be difficult for me to operate. ”

Huang Yuanping smiled: "This is good, I have long wanted to get an ID card, so that we can find out who is doing ghosts." ”

Liang Qichao made a decision: "Okay, that's it, Director Huang will find a way to make an identity certificate, and it is best to let people outside not fake." The law school makes the law, and the courts need to be established as soon as possible. The issue of paper money should be cautious, but it may be the ultimate solution. ”

Liang Qichao originally retired from the position of director of the Republic of China Mint, and has a deep understanding of the importance of currency to the country.

He approached Zhang Chun and decided that it was necessary to implement paper money and experiment on a small scale. The problem encountered by Shayang is actually a problem encountered by the state, because it is impossible to ensure the circulation of currency, so the provinces and even the administrative departments make their own copper coins, which leads to the uneven quality of copper coins in the country, and the local government dominates the currency issuance and finance. In the end, as now, local forces and warlords were formed, and the central government was powerless to change.

Paper money can solve this problem.

What Liang Qichao came up with was Japan's monetary management method.

Zhang Chun denied it after reading it once.

Zhang Chun believes that he is at most an autonomous region government, and the outside financial power is too great, and the reason why the new national currency can be issued is because it is a reserve certificate currency with limited circulation. Because paper money will be circulated in large quantities and is truly its own currency, the time is not right.

Now the problem is the copper coin, which can be replaced with paper money. But precisely because banknotes are easy to manufacture, there are also many problems, in addition to the anti-counterfeiting technology problems of printing houses. The most terrible thing is the overprinting of paper money, which forms inflation. This kind of financial turmoil will directly jeopardize the national economy and people's livelihood.

Therefore, even if you want to issue banknotes, you must let Zeng Simin and her do further research, and they cannot abolish the Xinmin silver coin, which is a hard currency, and after the exchange rate between paper money and silver money is fixed, it can establish the confidence of paper money. Otherwise, there will be a total collapse.

Zhang Chun affirmed the printing of identification and financial controls, but disagreed with the resumption of the use of old copper coins. It is proposed that a special police force be established to combat currency escort and financial crimes.

The junta soon issued a circular signed by Zhang Chun on the management measures for maintaining financial order. The bloody killing words on it frightened many people. Everyone remembers Zhang Chun's killing of opium dealers and human traffickers and gangsters. Now there is such a "killing order" again, which makes all people who have something to do chill in their hearts. Fortunately, this time it was not directly executed as before, but a half-month deadline was given.

In fact, there is no way, because Huang Yuanping registers the identity of all residents, and Xinmin Bank needs ID cards when saving and exchanging, and establishes capital files specifically for large customers. None of this can be done in a day or two.

But these few killing words do play a role in deterring and buying time. The outflow of Xinmin copper coins began to decrease. The liquidity of Xinmin copper coins in the market has also begun to recover. Some panicked businessmen began to flee.

Half a month later, a brand-new police force appeared, arrested several large merchants in a short period of time, and crossed the border to arrest the fleeing business owners.

Heavily armed police move through all spheres of influence, and no one dares to provoke them.

Shi Xingchuan and Li Tiancai both sent people to protest. This time, Sun Chuanfang couldn't save Zhang Chun, because Wang Zhanyuan, under the persuasion of several big businessmen, ordered Zhang Chun not to arrest merchants for no reason.

Zhang Chun just laughed, catch what should be caught, kill what should be killed. At the same time, Liang Qichao convened a political consultative conference to discuss the newly enacted "Criminal Provisional Covenant Law", which included the crime of undermining the financial order.

Xinmin Bao also published the crimes of several businessmen who were arrested and killed, saying that this was tantamount to looting the hard-earned gains of the common people, and that not killing them was not enough to make the people angry. However, it was also said that after the "Provisional Criminal Statute" is issued, each county will set up a court to try and convict in accordance with the provisional statute. The order issued by the junta is only a temporary measure to stabilize the market. At this time, the circulation of Xinmin Daily had reached 150,000 copies. There are 70,000 or 80,000 copies in five counties, and in some places where there is a lack of teaching materials, Xinmin Bao is directly used as a teaching material by students, because there is a lot of popular science knowledge on it, and the people also like to listen to it.

Xinmin Daily became one of the most powerful tools to ensure the implementation of government policies. (To be continued......)