Chapter 96: Currency (2)

For the local laborers, who already had nothing, any gift from the crossing was an additional gain, and there was no psychological resistance at all. (Baidu search is the fastest and most stable update) (.) First of all, the implementation of a banknote-based financial settlement system internally, Schneider believes that this is the first step on the right path. As for the trade with the outside world, the group can use precious metals for settlement without worrying about the total amount of currency in circulation in Shengli Port due to the large amount.

Schneider even has a further idea for foreign trade, he hopes to be able to achieve the mandatory use of local currency in trade, that is, when foreign merchants come to Shengli Port to trade, they must first exchange their precious metal currency into banknotes issued by the group before they can be traded, and after the transaction is over, merchants can also exchange their banknotes into precious metal currency and take them away. Such a seemingly redundant process, but it has important special significance in finance. One of them is to increase the amount of local precious metals, after all, the merchants who often come and go for convenience, will not always take away all the banknotes they hold into gold and silver;

Schneider did not make up his mind about when and how long this banknote would be promoted. Although from a long-term perspective, the issuance of banknotes is certainly in line with the historical development trend, but combined with the historical situation at that time, banknotes can at most flow in the internal settlement system, and cannot be exported as a common currency, even if foreign merchants agree with the credit of the banknotes of the crossing group, it can only have actual purchasing power on the territory controlled by the crossing group. In the financial system designed by Schneider, this kind of paper money in the form of vouchers is only a tool for the preparatory committee to control and regulate the financial affairs of the jurisdiction at the macro level, rather than a pure circulating currency. When the power of the crossing group has grown to a certain size, the banking institutions, as the chief economic administrators, will definitely have to introduce a more complete monetary system to replace the relatively primitive paper money used in the early days of the crossing.

After receiving the approval of the preparatory committee, Schneider, who was appointed as the head of finance, proposed to make a batch of vouchers in advance, because for practical considerations, it is unlikely to bring a complete set of modern printing equipment through, and even if it can be brought over, the subsequent supply of special paper and ink is also a problem. Anyway, the Preparatory Committee has already designed several banknote samples before this, and it is not particularly troublesome to pick one of them out and make it into a physical object. Of course, paper, ink, and printing technology could not get the grade of banknotes, and the Preparatory Committee did not intend to print anything that fine.

Finally, the Preparatory Committee contacted a small printing house and printed a large number of negotiable bills in nine denominations in three currencies, yuan, jiao, and fen, in the name of tabletop game props. The design value of this negotiable currency is that one dollar is equivalent to one silver tael, and the value of the corner and cent is clearly equal to one hundred copper coins and ten copper coins. The three denominations of Yuan are 1 Yuan, 5 Yuan and 10 Yuan, while Jiao and Fen use 1, 2 and 5 denominations. As for the exact amount of currency printed, only a few members of the Executive Committee know, but according to the personnel of the financial sector, after they repeatedly calculated the economic level of the Ming Dynasty, this batch of printed negotiable bills was enough to maintain the demand of the currency market of 100,000 people, and such a number was completely sufficient in the early stage of the crossing. Of course, these negotiable coupons will not be put into the market all at one time, and the specific amount and batch will be adjusted by the relevant departments according to the actual situation after the crossing.

The Executive Committee has basically reached a conclusion on the design of the entire financial system before the crossing, and the discussion on this after the crossing is mainly based on the grasp of the implementation timing. As head of the financial sector, Schneider played the role of decision-maker. When there were more than 1,000 laborers under his rule, and foreign trade was already well underway, Schneider decided that the time had come to introduce a primary financial system, and that the first users would be the laborers of the Crossing and the two communes.

It is relatively easy to grade workers' salaries, because they are not currently paid in any monetary way, and there is no discontent even if they are set to a very low standard. Of course, in terms of specific salaries, we will still combine the current labor grading system, and formulate different salary standards according to different labor grades and job positions, focusing on highlighting the differences in treatment brought about by labor grades, so as to stimulate the people's enthusiasm for labor.

The real problem is to grade the salary of the cross-public, which is undoubtedly a huge test for those who set the standard, and the slightest carelessness may be sprayed by all kinds of dissatisfied voices. From the very beginning, the crossing group has been under the propaganda banner of "there is no distinction between high and low, only different occupations", but as long as adults with normal minds understand that this is just a basic attitude of the executive committee, in fact, it is impossible to achieve equal pay for equal work, let alone completely equal. Even if it is said beautifully, there is also a difference between the leader and the led, the position also has a difference in hard work, a difference in technical content, if everyone's salary is set at the same level, it is a kind of biggest unfairness.

In the end, under the guidance of Tao Donglai, the Ministry of Finance led by Schneider divided the salary of the crossing into two parts, one is the basic salary, and the other is the post allowance. The basic salary part adopts the same standard for all employees, as long as they participate in the work, they will have the same amount of guaranteed income every month. The post allowance is an additional part of the income formulated for different positions, such as the soldiers of the military and police department on duty at the Yulinjiao outpost, the technicians working in the harsh environment of the metallurgical workshop, and the geological survey personnel who go deep into the inland mountainous areas to explore mineral deposits. In addition, there are some more technical or responsible positions, which will also receive post allowances jointly issued by the Executive Committee and the Ministry of Finance.

In view of the fact that the various industries of the Crossing Group are still gradually being rolled out, the positions entitled to the allowance are reviewed every other month so that those new positions can be added to the salary system in a timely manner.

At Tao Donglai's initiative, all members of the Executive Committee gave up the right to receive post allowances to show the selflessness of the rulers. After this initiative was introduced, it received a lot of praise at the forum, which made the prestige index of the Executive Committee rise a lot. Of course, there are also a very small number of discordant voices, which are nothing more than accusing the Executive Committee of having a performance component, after all, everyone knows very well how much salary can be paid by the crossing is actually insignificant, and the 10,000 original shares that everyone gets before the crossing is the real income of the majority, and the dividends that can be received each year in the future do not know how many times the salary, of course, there is no need to care about the limited post allowance.

For this kind of disgruntled guy who can only say a few crooked words on the forum and affect internal unity, Menghe ruthlessly deleted the post, fully demonstrating what it means to "You have the freedom to speak, and I have the freedom to dispose of you".

As one of the first batch of foreign businessmen who came to Shengli Port to trade with the Group, and at the same time a partner who has always maintained a good relationship with the Group, Luo Shengdong was honored to be the trial object of the newly released negotiable coupons. However, Rao is Luo Shengdong was shrewd, and after listening to Schneider's whimsical explanation, he still didn't understand why the traversers wanted to make such a troublesome thing: "Mr. Shi, wouldn't it be more convenient to trade with you directly with silver taels?

Schneider nodded and said: "Now our trading volume is small, but for a business of about 100 taels, it will certainly be more convenient to give cash directly." But what should you do when the business gets bigger in the future? Do you plan to ship thousands of taels of silver here every time you buy goods? This negotiable coupon can solve the problem, you only need to exchange the silver taels for a negotiable coupon, and the unused silver is equivalent to being deposited with us, and you can use the negotiable coupons to withdraw the silver at any time, or you can use it to pay for the goods, so isn't it more convenient than you to transport the silver around?"

Luo Shengdong frowned and said: "It sounds very reasonable, but I always feel a little inappropriate in Xia......

"That's because you don't feel comfortable with the money with us. Schneider directly broke Luo Shengdong's thoughts: "You have less money now, just put it at home, and when there is more silver in the future, you can put it all at home?" Even if you dig a big pit under the ** and bury all the silver in the soil, I think you will probably still have the silver at home when you go out." It's different with us, think about it, who in the whole South China Sea can snatch something from us?"

Luo Shengdong hesitated and responded: "That's down...... Let's use it again?"

"You don't have to hesitate, if you don't use the negotiable coupons we issue in the future, you won't be able to buy anything in Victory Harbor. Schneider took out a stack of circulation coupons from his pocket, ordered ten ten-yuan denominations and handed them to Luo Shengdong: "Take it, wait a minute, you give me a hundred taels of silver, and then you go to the warehouse at the entrance of the base by yourself, and use this circulation coupon to buy salt, two thousand catties like last time, and the goods have been prepared for you." ”

When Luo Shengdong heard about the salt, he put aside his concerns about the negotiable coupons: "Mr. Shi, can you sell more salt? ”

Schneider saw that his plan to capture and indulge in the past really worked, and happily took out the circulation coupon again: "That's right, you see how convenient it is, otherwise you have to stupidly carry a dozen catties of silver to the warehouse to pick up the goods......"