Now Hu Xueyan's serious errand is the president of the "Daqing Bank", a serious second-class official, although temporarily under the management of the household department, but this bank, and the Taifu Temple or Taichang Temple that kind of Qingshui Yamen like the Ministry of Management Yamen is different, the end is a high authority, the mint bureau is divided into the bank, and then the errand of issuing the Qing Dynasty silver dollar came to the Daqing Bank, this bank is basically founded by Hu Xueyan, he is also very fierce, although he is born with a ticket number, but as soon as he serves as the president of the bank, he immediately ordered the broken silver to be banned from circulationIf the ticket number is violated, the silver number will be fined heavily, but the silver ingot can be sent to the government, that is, to the Daqing Bank to replace the silver dollar, this move completely cut off the root of all the ticket numbers, not only the root of the Jin merchants, in the eyes of the world, but also the future of his Fukang Qianzhuang, but Hu Xueyan doesn't care, who will look at such a little bit of money interest at this time? It is more necessary to lay out the entire financial industry, and Fukang Qianzhuang was the first to become the ticket number for the issuance of bonds in the south, which is enough to make the Hu family stand tall in the south of the Yangtze River. Pen ~ fun ~ pavilion www.biquge.info

"As Yan Zhongtang said, now it is beyond his means, this is the biggest problem in front of him, it is okay now, but there will be other uses in the future, it will not be enough, and then a new garden will be built, this is a big expenditure, although the silver dollar is much lighter than the broken silver, but in the end it is still necessary to do it with silver, without silver, the silver dollar cannot be changed."

In fact, this has been said very clearly, the face value of the silver dollar is much lighter than the importance of the silver ingot, that is to say, the Daqing Bank with three coins of silver, plus some other metals, can forge a silver dollar with a face value of one tael, this is the interest of money, in fact, the current Qing government has long been in the issuance of additional currency, but this currency is still made of silver, everyone recognizes, plus the previous strict ban on the use of silver ingots, how much so that the value of the silver dollar can be maintained, but if the new currency is paper money, Is this piece of paper worth so much money? This is debatable.

"It is useless to issue some new currency, we must immediately replace the silver dollar with new currency, and cancel the role of currency in all silver, so that the power to issue currency is in the hands of the imperial court, and the silver ticket number will no longer have value, or the silver ticket is only used for large purchases, and the daily money transactions must belong to the bank and belong to the household department to decide."

No matter how important the right to mint money is, how important is the right to issue currency, there is no need for Hu Xueyan to tell himself that the favorite thing to do for the American imperialists in later generations is quantitative easing, what is called quantitative easing, is to tell everyone that Lao Tzu has no money, and he will print US dollars again!

U.S. dollars are recognized by the world, and the cost of printing U.S. dollars is almost negligible, and it can be quickly circulated to all countries in the world, and will not cause domestic prices to rise due to the excessive issuance of currency, because currency is sought after by the world, which means that the price rise is averaged to all countries in the world, and the United States almost exclusively enjoys its benefits without bearing any adverse consequences. Of course, the Empress Dowager Cixi also hoped to issue banknotes with almost no cost to increase the issuance of currency and solve the financial difficulties.

Yes, financial difficulties, as Yan Jingming said, the current Qing Dynasty, has been a little beyond its means, on the one hand, huge bond interest and principal need to be paid, on the other hand, massive construction needs to be expanded, massive investment can not take effect directly, this is the difference between the government and businessmen, the government will be responsible for infrastructure regardless of costs and do not consider benefits, and businessmen, just need to make money.

"Lord Hu, you are well-informed, don't you know that those Jin merchants outside have already released rumors and want to boycott the new currency?" Yan Jingming said in a deep voice, "Although I also want to arrest them all, but arresting people can't solve the problem, it's good to send out new coins, according to what you mean, Master Hu, when the time comes, the new coins will be issued indiscriminately, but if they want to exchange for silver dollars, the ticket numbers say that paper money will not be accepted, but I am afraid that in a moment, the new coins will be like the treasure money of the previous dynasty, worthless." ”

The Ming Dynasty also issued paper money, that is, the famous treasure banknote, when it first began to be issued, it was overissued, and there was no guarantee, because everyone knows that printing some paper that can replace the role of silver and copper coins is too convenient, and then the treasure banknote from the beginning of the same face value of nine folds, gradually became five folds, and then to a fold, to the end, became waste paper, waste paper is even the last household to know that this thing is printed out no one uses, the market does not recognize, so it also stopped, The Chinese side may still be more resistant to paper money, of course, this does not include the silver tickets of the major ticket numbers, the Empress Dowager Cixi heard Yan Jingming say that the British launched a war for the first time in the past, and a large part of the willingness is that the Chinese side does not accept the paper pound introduced by the British, so this is also a fuse.

"The key is to send it out, everyone is willing to admit this," Empress Dowager Cixi nodded, she still felt that Yan Jingming was reliable, "To tell the truth, it doesn't matter what face of the imperial court is, what matters is the issuance of this new currency, and it must not fail, if it fails, there is no way to do anything new in the future, people don't believe you, it's hard to move an inch!" Hu Xueyan, tell me how to solve this matter. ”

"The large face value of the major ticket numbers, why the market whether it is a merchant or an official, are willing to recognize, the most important reason is that the major ticket numbers are paid at sight, there is no reason for delay, even if there is more silver, you can also quickly mobilize it, so if our new currency wants to be successfully issued, it must be no matter who comes with the new currency can immediately issue silver dollars." Hu Xueyan said.

"This matter is absolutely impossible," Yan Jingming said categorically, "If you follow your plan to issue new coins on a large scale, we must prepare at least half of the silver dollars, and the people may not coax them, but the major ticket numbers will inevitably do their best to collect their new coins and then come to us to exchange, this exchange is not a matter of tens of thousands of hundreds of thousands of taels of silver, the financial resources of the major ticket numbers, I am afraid that tens of thousands of dollars are possible, if in the future they first collect the new coins on the market, and then attack us, this happens, I'm not surprised at all. ”

"So this matter, if it's difficult to do, it's difficult to do it in this place," Hu Xueyan nodded, acknowledging Yan Jingming's point of view, "We don't have so many silver dollars ready to exchange, but if we don't send them, or if they don't send them, they don't help them." (To be continued.) )