Chapter 423: Issuance of New Currency

After the Kuomintang was able to solve the problem of the Kuomintang that was dragging its feet in politics, the bandits, gangs and associations that strictly affected public order were solved in the local area, and the danger of the smoke to the people was solved by the people, without the constraints of these factors, China immediately embarked on a period of rapid economic development, and the people lived a more secure and down-to-earth life, just waiting for the quality and level of life to be improved.

The rapid development of the economy has forced the government to speed up the monetary reform, because the currency and silver bills in circulation in the market have seriously affected the development of the economy.

During this time, Xiao Zhenlei often personally inquired about the issue of currency reform, and sometimes even called the headquarters of the National Bank of China to ask Chen Huizu about the progress of the matter.

It is not a simple matter to carry out monetary reform, first of all, it is necessary to send people to conduct a comprehensive survey, to have a rough statistics on the types and quantities of money currently circulating in the market, and then to conduct a detailed analysis to assess the market's demand for monetary reform.

Secondly, it is necessary to design the pattern of the new currency and study the composition of the currency paper, and these two things are the most important, and there is no hurry. A new currency has a variety of denominations that need to be designed, such as one cent, five cents, one dime, five dimes, one dollar, five dollars, ten dollars, fifty dollars and one hundred dollars, and this is just paper money, there are also coins that also need to be designed, and these patterns can not be designed only one set, but multiple sets should be designed for the most suitable selection.

The design of a currency pattern is not an ordinary design work, it needs to consider the printing in the design process, but also need to consider whether the effect of the pattern can be perfectly represented on the paper, and most importantly, it also needs to consider the prevention of counterfeiting. It is necessary to set up an anti-counterfeiting mark in the design design, so that professionals and people can distinguish the authenticity of the currency.

Other than that. The paper of the banknote is also a very important factor in the new currency, and the paper of the banknote needs to be very strong. It should have strong abrasion resistance, folding resistance and large water resistance, and be suitable for gravure printing.

On this day, Chen Huizu came to see Xiao Zhenlei with banknotes and coin design drawings. The design drawings were bound into a book, and there were three sets of design drawings in total, and Xiao Zhenlei had to choose one set of them after reading them. In each set, there are 14 denominations, including nine for banknotes and five for coins.

Chen Huizu took out all three sets of design drawings and said, "President, these are three sets of design drawings. Check it out! ”

Xiao Zhenlei nodded, took the three bound design drawings and put them on the table and began to look at them one by one, while Chen Huizu introduced the meaning of the design patterns and anti-counterfeiting marks of various denominations when he looked at them.

After spending half an hour reading it, Xiao Zhenlei asked, "What do you think of these three sets of patterns?" ”

Chen Huizu hurriedly said: "President, we think this first set is the most suitable, whether it is the meaning of the pattern, or the anti-counterfeiting logo on it is also the most complex and diverse, if the unique printing technology is used." We don't think anyone will be able to imitate it for at least ten years, and in ten years we will already have our own banknote paper, and then it will be much easier to change to a second set of currencies! ”

Xiao Zhenlei didn't say anything when he heard this, and flipped through these albums again. He found a problem, Chen Huizu said that one of the first set of design patterns in all face values was his Xiao Zhenlei's head, and some were frontal photos. There is also the side phase.

After discovering this, he smiled and said, "In this set of design patterns. Why is every denomination my avatar? Don't use all my images, just use my avatar for large denominations. Wouldn't it seem monotonous if I used my avatar instead of other patterns? ”

Chen Huizu was stunned when he heard this, and hurriedly said: "Yes, yes, yes, we didn't think it through, and we will change it when we go back!" ”

After Xiao Zhenlei returned the album to him, he asked, "How did you solve the problem of banknote paper?" As far as I know, there doesn't seem to be a qualified banknote paper in China, right? ”

Chen Huizu immediately reported: "President, we have begun to prepare for the construction of a special paper factory for banknotes, and are preparing to establish a special research center for the research and development of new processes, new technologies and new materials for banknote paper, as well as a testing center for quality testing and authenticity identification, and also concurrently engaged in anti-counterfeiting securities paper. In view of the fact that there is no qualified banknote paper in our country, but we are now in urgent need of currency reform, in a short period of time we can not develop banknote paper, we decided to use American paper, and the introduction of American banknote printing technology and technology on the basis of its improvement! After we have developed our own qualified paper and have a mature printing process and technology, we are changing to a second set of currency."

Xiao Zhenlei asked, "What about the contact with the United States?" Did they agree? ”

Chen Huizu nodded and said: "The intention has been preliminarily reached, and I believe that an agreement will be reached soon!" ”

Xiao Zhenlei frowned and sighed: "If there is no other way, I really don't want to use banknote paper from other countries, because it is easy for them to grasp the supply of raw materials for banknote paper, once our relationship with them changes in the slightest, they will no longer sell banknote paper to us, do you know what serious consequences this will cause?" ”

"Understood!" Chen Huizu nodded solemnly, he knew very well that even metal money had strict wear and tear, and there was "fire consumption" in the past, not to mention paper money, the circulation loss of banknotes in the people was more strict, and the National Bank must regularly collect a part of the worn banknotes, and then put the equivalent amount of banknotes into the market, and also appropriately increase the amount of printed banknotes according to the development of the economy to meet the needs of economic development, but it is not possible to print banknotes indefinitely, Printing too much will cause inflation and currency depreciation.

According to the above situation, the National Bank has a great demand for banknote paper every year, and if the United States banknote paper is used to issue new currency, then if it does not develop a qualified special banknote paper, the National Bank must order a large piece of banknote paper from the United States every year, and this amount will increase according to the increase in the total economic output of the country. However, if the United States stops selling banknote paper to China, it will be an extremely heavy blow to China's economy, because if it cannot replenish the banknotes lost in the market in time, it will severely hinder the development of the economy, the banks will be tightly locked, the amount of loans from businessmen and ordinary people will decline, and the economic activity will decline, and these will play a great role in hindering economic development.

Xiao Zhenlei said: "There is another problem that must be paid attention to, we are from the United States to import printing technology and technology, but we must not copy it all, if the United States completely copies the technology, then the United States can easily print China's banknotes?" What is the consequence of this, I don't say that you also know, so the introduction of technology is okay, but we must first study thoroughly and then improve into our own technology, technology and technology can not always be static, we have to develop our own printing process and technology in the future! The anti-counterfeiting problem of banknotes must be paid attention to, so that no country or individual can imitate it! ”

Chen Huizu bent down and said: "Yes, big president, I understand my humble position!" If nothing else, I'll go back to work! ”

At the beginning of May, the National Bank issued an announcement to the outside world, from June 1, the new currency began to circulate nationwide, first of all, the major banks must use the inventory of various gold, silver ingots, silver dollars, copper coins and other currencies to the National Bank in exchange for new currency, if the people or businesses to the bank loans or withdrawals, the major banks must be converted into new currency, with new currency settlement to the people or businesses, people and merchants can use the gold, silver ingots, silver dollars and copper plates in their hands to the bank in exchange for new currency, because before gold is not only the circulation of currency, Therefore, if gold is to be exchanged for new currency, it must be exchanged for gold according to the market price, and silver ingots, silver dollars and copper plates were the main currencies in circulation before, so when it is exchanged with new currency, it is exchanged according to a fixed ratio of exchange to huàn, and the whole country is unified.

The new government is still very credible, after the announcement of the National Bank, the people of the whole country are looking forward to it, after all, banknotes are indeed better than silver two carrying, easy to use, from the previous one or two silver can be exchanged for copper plate more than 1,400 pieces, less when you can also change 800 pieces, if you eat a bowl of chaos with a tael of silver to pay the bill, this will bring great trouble to the store, it is too troublesome to find money.

However, there are still some people who have doubts about the new currency issued by the new government, worried about its circulation ability and recognition by the people, but in the past, those money banks and silver numbers and ticket numbers have used silver bills, and silver bills are actually a kind of banknotes, but it is issued by private banks or money banks with government participation, and it is based on the accumulation of reputation over the years to gain the trust of the people, while the new currency issued by the new government is different, and it is premised on the credibility of the government, until now, It seems that the new government really hasn't made any measures to break the trust of the people, and the people still trust Xiao Zhenlei very much, and the people believe that as long as the president is there, life will get better and better.

Especially when the day of June 1 came, when someone came out of the bank to take out the exquisite 100 yuan bills that had just been taken out to show off to others, people looked at those exquisite and gorgeous 100 yuan bills and were conquered by them, after the new currency was issued, it was recognized by everyone in the country in a very short time, so it was unimpeded to circulate in the market.

However, the value of the Singapore dollar is very valuable, its exchange rate with the US dollar is 1 to 1.22, if calculated according to the general situation, the exchange rate between the Chinese dollar and the US dollar is definitely not so high, because during this period countries basically used the gold standard, and China simply did not have so much gold inventory as currency issuance reserves. The Chinese dollar is not the gold standard, so the currencies of various countries and its settlements cannot be converted according to the exchange rate of the gold standard, but according to the total economic volume. (To be continued......) R1292