A few days later

Changchun Garden, the council hall.

Li Fushou and a group of courtiers were deliberating, he was in the first place, and the royal courtiers were sitting in the left and right columns, discussing the most important matters of currency issuance.

In front of Li Fushou, on a large desk carved from a thousand-year-old piece of rosewood and inlaid with gold and jade, there are several intricately crafted coins, one gold coin, one silver coin and six copper coins.

The obverse of both the gold and silver coins depicts King Li Fushou with a crown on his head and a royal robe, the silver coin on the generalissimo uniform without a military cap, and the royal coat of arms on the reverse side of the coin.

There are 6 types of copper coins, including 1 jiao, 2 jiao, 5 jiao, 1 cent, 2 fen, and 5 cents.

Gold and silver coins have no numbers, one gold coin represents a gold dollar, one silver coin represents a silver dollar, one gold dollar is worth 10 silver yuan, and one silver dollar is worth = 10 jiao = 100 cents.

After careful consideration;

The ratio of gold, silver, and copper issued by the Ocean Kingdom is reasonable, and the gold content of a gold round is 3.585 grams, and a gold round = 10 silver yuan = 100 copper angles = 1000 copper points.

Such a ratio is slightly higher than the value of a German gold mark, the value of cheap items is more clear and accurate, and the unit of 1/4 pence and 1/3 pence is not often used, and the coin is also small, so it does not appear too heavy in the purse.

The European and American powers in the world today basically determine the value of the currency by the price of gold, the value of gold is much more stable than the paper money and silver coins of various countries, and the gold itself has a very high value, so such a monetary system is very stable, without inflation and deflation worries, is the best choice at present.

What is the role of the gold ocean of the ocean kingdom in the world monetary system?

Let's take a look at the gold content of coins in various countries;

1 pound = 7.32238 grams of gold = 20 silver shillings = 240 copper pence

1 franc = 0.2903225 grams of gold

1 USD = 1.50463 grams of gold

1 German gold mark = 10 German marks = 3.58425 grams of gold

1 gold yuan = 10 silver yuan = 100 jiao = 1000 points = 3.585 grams of gold

1 ruble = 0.774234 grams of gold

1 yen = 0.75 grams of gold

1 Spanish peso = 0.507816 grams of gold

1 Kuping tael of silver = 37.3 grams = (the ratio of gold and silver in the first day of the first day is 1:20) 1.865 grams of gold = (after 1900 the ratio of gold and silver is 1:35) 1.065 grams of gold

Then the above figures are rounded off, and the exchange ratio is;

1 pound sterling = 25 francs = 5 US dollars = 2 German gold marks = 20 German marks = 2 gold yuan = 20 silver dollars = 9 rubles = 10 yen = 14 pesos

From the above exchange ratio, it can be seen that the value of 1 gold yuan in the Ocean Kingdom is equivalent to 1 German gold mark, and the value of 1 silver yuan is equivalent to 1 German mark, which is basically equivalent to the German currency.

One silver dollar is worth 1 silver shilling, one silver dollar is worth 25 cents, one silver dollar is worth 0.5 yen, and 100 million silver dollars is worth 0.45 rupees.

Through such a ratio exchange, the most used silver dollar and silver shilling can be exchanged 1:1, which takes care of the current usage habits of the pound, greatly facilitates the promotion and use of the people, and is not inferior in value.

This is because the Ocean Kingdom was originally a country rich in gold, and the resources of gold and copper ore are extremely rich, which ensures the stability of the currency value of the coins issued by the Ocean Kingdom.

So why not use silver as a unit of denomination?

Relative to gold, the price of silver fluctuated quite dramatically, at a constant value of one pound, before 1894, one pound could be exchanged for four taels of silver, and six years later, with the continuous production of world-class Mexican silver mines, the price of silver depreciated greatly, and in 1900 1 pound could be exchanged for seven taels of silver, a depreciation of 65%.

In the early Qing Dynasty and the middle of the Qing Dynasty, the price of silver for pounds fluctuated considerably, and if it was only a closed economy of the Manchu Qing Dynasty, it was not a big problem, but it would form a huge exchange loss in the open international ocean trade, which would be a major harm to the steady development of the economy.

"I see that these coins are beautifully rolled and the price comparison is more reasonable, and this is also the final coin issuance plan launched after repeated discussions, and there have been a lot of pros and cons related to it, and the discussion is also very sufficient, I think it can be passed, and the Royal Reserve Bank will be ordered to supervise the issuance, officially replacing the pound sterling and the dollar circulating in the market."

Li Fushou made a decision with a wave of his hand, and there was a warm applause in the court.

The passage of this major currency issue, which had been in the making for more than three years, heralded a solid step towards the independence of the Ocean Kingdom, which would no longer have to pay seigniorage to the United Kingdom, saving more than £3 million a year in taxes.

It also shows that the annual tax paid by the Ocean Kingdom has plummeted by half, from more than £6 million to more than £3 million, which is clearly not what the British Empire wants to see.

However, today's Ocean Kingdom has enough confidence to say "no".

According to year-end statistics at the end of 1893;

The population of the Ocean Kingdom and its overseas states continued to grow rapidly, reaching a population of 27.41 million at the end of 1893, and it is expected to exceed the 30 million mark by the end of this year, which is a very remarkable achievement.

this year

The total population of Songjiang City, which has continued to grow rapidly and rapidly, has exceeded 1 million, with a population of 1.062 million, becoming the third metropolis with a population of one million in the Ocean Kingdom, forming the Huangpu River Economic Belt with Songjiang City as the center, and driving the sustainable development of surrounding cities with strong growth momentum.

From a macro point of view

In the whole of Australia, the light and heavy industry economy of the secondary industry accounts for 62.1% of all economic components, the agriculture and animal husbandry, planting and mining industry of the primary industry accounts for 23.2%, and the cultural and educational, transportation and service industries account for 14.7%, showing the characteristics of a standard industrial economy.

Of course

This is based on the fact that the agricultural economic component of overseas provinces is not calculated, and only the proportion of Australia's domestic economic component is listed, which is not widely representative.

This is because among the overseas provinces, the agricultural and animal husbandry economic component accounts for more than 8 to 9 percent, and the population of the overseas provinces exceeds 12.3 million.

It shows that the Ocean Kingdom has only stepped into the category of industrial economy with one foot, and the other foot and most of its body are outside, and there is still a long way to go before the whole enters the industrial society.

Of the total population of 27.41 million, the total population of Australia is 15.14 million, accounting for 55.5% of the population, of which there are more than 1.1 million white people (about 600,000 in the two southern states, about 400,000 in Queensland, plus tens of thousands of white descendants in South Australia and Western Australia), less than 50,000 people in the East Indies and indigenous populations, and almost 14 million others are Chinese, which is 13 times the total population of other ethnic groups.

It is believed that after ethnic integration and intermarriage, coupled with continuous immigration to Australia, the proportion of the mainstream Chinese population will increase rapidly.

In overseas provinces

Of the total population of 12.3 million, there are more than 800,000 African indigenous blacks, more than 100,000 whites (mainly Portuguese descendants), and more than 60,000 indigenous East Indies natives, of which more than 1.3 million indigenous blacks in Mozambique have only 570,000 people left after more than 10 years of high-intensity infrastructure construction and labor export.

There are still some 220,000 indigenous black nomadic tribes in Somalia, halved from more than 10 years ago, and most of them live in oases near Mogadishu.

On this issue

Wu Mozhou, Earl of Fuyuan, who had presided over the affairs of the African Grand Governor for many years, used bloody and cruel means to resolutely implement the kingdom's immigration policy, and the indigenous population of Africa could only go in and out, and violators were directly put on the gallows, and all property was confiscated.

In the African colonies, there are always some Chinese immigrants who covet the cheap prices of black and indigenous slaves, and try their best to smuggle in from abroad, buy and sell, secretly hide, hide, and conceal the indigenous black slaves, so as to obtain huge profits and take risks.

For this reason, the Mozambican Garrison Command hangs thousands of people every year, regardless of their position or status, and all of them are put on the gallows, without exception.

The Ocean Kingdom adopted a zero-tolerance policy for the smuggling, trafficking and use of black indigenous slaves, and frequently dealt heavy blows, which finally put a hard stop to this unhealthy trend.

The so-called human heart is not enough to swallow elephants.

In Mozambique and Somalia, the indigenous black people are often extremely cheap slave labourers, who are nominally contracted labourers but in fact slaves without any rights, and have to endure endless exploitation and oppression, as well as inhuman oppression.

In comparison, it is much more expensive to hire Chinese laborers.

The 10-hour workweek of 6 days a week and the minimum wage system implemented in Australia have made the labor cost of Mozambique, which is relatively backward, significantly higher than that of the surrounding areas.

Take ordinary Chinese workers as an example;

In Mozambique, the weekly wage must not be less than one silver shilling, or one silver dollar, or almost two pounds sterling a year.

For example, the lowest-paid plantation workers generally earn about 1.3~1.5 silver dollars a week, and the annual salary is about three pounds to four pounds ten shillings, and the range is not too outrageous.

This salary level is among the lowest in the entire overseas state of the Ocean Kingdom, which is multiplied by 2 times in Somalia and Shangri-La, and 3 times in mainland Australia, which is a significant regional difference.

Many ranch or plantation employers often take risks in order to save this cost, and defy the law, only to end up with all their wealth confiscated, and all those involved in the case are put on the gallows, with no forgiveness or extrajudicial favors.

For this kind of scum that gets into the eyes of money, we can't be soft at all.

It is not a pity to be able to show that he has made a lot of money as an employer and enjoyed the benefits of colonizing Africa, but he openly braves the ban of the kingdom and participates in the criminal activities of smuggling, selling and using black slaves in order to earn more dirty profits.

A series of strict measures, such as strict control over the use of black and indigenous labor, strict control over the separation of black men and women, and strict control over the marriage of Chinese immigrants to black women, are the main reasons for the sharp decline in the local indigenous population.

The reproductive capacity of the black indigenous community is staggering and must not be left untouched.

If some Chinese immigrants with no lower limit are not afraid of strict control policies, I am afraid that many of them are willing to marry local black women, in their simple understanding; It's better to have a woman than nothing, and you don't realize the harm at all.

In accordance with the local regulations established by the Governor-General of Africa;

For example, those who marry the local black natives, whether they are of Chinese descent or of white European descent, are regarded as black people, and are not allowed to enjoy preferential policies for ethnic Chinese, are not allowed to live in residential areas of Chinese descent, are not allowed to engage in industrial and commercial activities, are not allowed to own property rights such as land and shops, and are not allowed to enter Chinese shops for consumption......

Obviously, this discriminatory local policy, which was contrary to the attitude of welcoming immigrants in the Ocean Kingdom, attracted the attention of King Li Fushou after the relevant newspapers and periodicals, and then ordered to prohibit the continuation of the local regulations.

Although local regulations can continue to be explicitly promulgated, under the insistence of Wu Mozhou, the Earl of Fuyuan, the above regulations have been tacitly implemented as unspoken rules, which greatly deters those immigrants who are ready to move.

Wu Mozhou clearly knows that he must not be tempted by short-term interests, and must build Mozambique into a society composed entirely of Chinese and a small number of Caucasians, and form a stable mainstream social group, in order to gain a firm foothold on this continent.

The Citi Kingdom did this, the Tsarist Russia did the same (cf. Jiangdong 64 Tun), and the Ocean Kingdom did the same.

It's just that the methods of the Ocean Kingdom are more gentle, and they never use killing as a means, isn't it fragrant to export labor on a large scale?

Mozambique not only exports labor to German Tanzania in the north, but also to South Africa, Zimbabwe, Reunion Island in the French, and Mauritius in the United Kingdom.

meanwhile

The power of the Ocean Kingdom penetrated deep into the chaotic Kingdom of Madagascar, and in the local wars and disasters one after another, a large number of local light-skinned women were transported to Mozambique, which became a best-selling bargaining chip, greatly alleviating the strong demand for women among Chinese immigrants.

In response to this situation, the African governor can only turn a blind eye.

Forming a family is a process that must be experienced to colonize Africa, and only the family can take root steadily, spread out its branches, reproduce offspring, and form a stable family molecule in a harmonious society.

Yin and yang are the way of heaven!

The Somali people are rich enough to import a large number of white women from Europe and Arabia to settle their marriage problems, which is not the case in Mozambique.

Surrounded by the territory of Black Africa, and only the Kingdom of Madagascar on the other side of the Mozambique Channel, the local population has experienced a mixture of South Pacific immigrants and Arab immigrants, and is isolated from the African continent.

Nowadays, overseas provinces and states are eight immortals crossing the sea, each showing their magical powers.

Borneo has set its sights on Java Island for importing female population, and the residents of mainland Australia and Shangri-La Island, which developed earlier, are more financially abundant, most of them target mainland Chinese women, and a small number of them are married to white women, which can basically solve the marriage problem caused by the imbalance between male and female populations.

In the feudal capitalist society opened by the Ocean Kingdom, there is no need to intervene too much, and the invisible hand of the market is adjusting the contradiction between supply and demand.