In the court

After the Minister of Finance, Viscount Kestner, approved the important issue of issuing metal currency, he made a detailed report on the arrangements for the production of money at the White Tiger City Royal Mint, and the plan for the production of precious metals such as gold, silver, and copper, and talked for half an hour.

Finally, the topic changed to the question of the subsequent issuance of banknotes.

“……

Your Majesty, gentlemen;

The research and development of printing and anti-counterfeiting measures for paper money has been going on for many years, and has achieved some gratifying results, in the printing of paper money, we will focus on taking 4 aspects of anti-counterfeiting measures to effectively strengthen anti-counterfeiting efforts.

The first measure is to use the master engraving version, add a variety of light stamps and secret marks, to create a super difficult fine engraving master, the printed banknote lines are complex and smooth, and various anti-counterfeiting means are readily available, raising the anti-counterfeiting to a very high threshold.

The second measure, the R&D department is improving the pulp, which will use Australia's unique tree plant pulp to create a special paper for banknotes that cannot be imitated by outsiders, and use overprint technology, which will be an important part of the anti-counterfeiting measures.

As a third measure, we will procure the world's most advanced currency printing equipment and improve it to form Australia's unique paper banknote printing capacity.

The fourth measure is the use of secret special watermarks and special ink printing, and the relevant information is highly confidential and not suitable for outsiders.

Judging by the current progress

The research and development work is progressing smoothly and many innovative results have been achieved, so the Royal Ministry of Finance has full confidence in the issuance of paper money, which will be officially launched in 1895, and no later than the end of the year, the paper currency that will be circulated exclusively in the Kingdom of the Ocean. ”

Viscount Kestner's speech aroused a lot of discussion, and Viscount Hou Guangde, Minister of Industry, stood up and said respectfully; "Sir Kestner, I privately don't think there is a need for such haste in the issuance of paper money, do I? After the metal currency is introduced to the market, the general public should have a gradual acceptance process, the market has been issued for many years of British pound banknotes with high credibility, the possibility of error is very small, can be used in parallel, the financial authorities of the paper currency issuance does not have urgency, for the sake of prudence, should be brewed after maturity, the opportunity to launch is more appropriate. ”

"This is the words of Lao Cheng's plan for the country, and the minister seconded it."

"The field of currency issuance is extremely sensitive, so let's take a look at the degree of acceptance by the people before doing it, so as to avoid causing any chaos, and the minister seconded it."

"The ministers seconded the proposal."

The majority of the courtiers were in favor of prudence and the need not to hastily introduce paper money in place of the pound, but it would be necessary to observe the degree of acceptance by the public.

On the side of Viscount Kestner, the Chancellor of the Exchequer, although several courtiers supported it, the power was always weak, and it became a minority in the court council.

This made his face look very ugly, the introduction of paper money is an important initiative launched by the Ministry of Finance, the Reserve Bank of the United Kingdom, which is crucial to improving the financial security of the kingdom, which is also one of the major achievements of his tenure, how can he give up easily?

Viscount Sterner stood up and saluted King Li Fushou on the throne, and then said; "The objections of your colleagues are nothing more than a matter of great importance, and it is advisable to think twice before acting.

Lao Chen thought that with the strength of the two strong mint banks of Huitong Bank and Shangri-La Bank, and the golden signboard of more than ten years of operation, there was no doubt about the ultra-high creditworthiness.

In accordance with the steady and conservative business philosophy;

Huitong Bank has been accumulating gold reserves, with 377 tonnes to date, which is the sixth largest among the world's major banks, behind several established British banks and French banks, and is a solid foundation for issuing paper money.

With the support of the Koi Mining Bureau, Shangri-La Bank's gold reserves have steadily increased over the years, accumulating 196 tonnes of gold reserves, which is enough to rank 15th in the world.

Considering that the Royal Treasury has full control over Melbourne's gold production, Ballarat United Mining Company will have no less than 60 tons of gold per year to enter the reserves of the two major banks in addition to supplying the demand for civilian gold every year, which will greatly improve the currency issuance capacity of the two major banks.

as everyone knows

Ballarat United Mining Co., Ltd. integrates more than 170 gold mines, producing up to 5.7 million ounces of gold per year, dozens of gold mines in the Palmer River region of Queensland, producing a total of 2.2 million ounces of gold per year, and gold mines around Cairns City in northern Queensland can also produce 12~130,000 ounces of gold per year, plus nearly 100,000 ounces of gold production per year by the Koi Mining Bureau, plus 200,000 ounces of gold production in Mozambique, Total gold production is around 8.3 million to 8.4 million ounces, accounting for more than half of the world's total gold production.

Is such abundant gold resources not enough to support the issuance of paper money?

Our ocean kingdom has won consecutive battles, opened up its territory, the morale of the people is high, and the self-confidence is bursting, so it is appropriate to take this opportunity to implement a major policy of currency issuance, instead of holding back, looking ahead and looking backwards, worrying about this and fearing that, what great things can be achieved in this way?

According to the Ministry of Finance;

After the metal currency and paper currency are issued at the same time, the residents of the kingdom will prefer more metal money, and the deduction ratio is roughly about 7:3, that is, the use of paper money only accounts for about 30%.

There is no doubt that small transactions use metal currency, large trade settlements use bills of exchange, bank checks and other means, the real use of large amounts of paper money should be a minority, coupled with the Ministry of Finance for many years in the field of anti-counterfeiting research and development, can ensure the safety and smooth promotion of paper currency.

Therefore, I implore Your Majesty to implement the paper currency issuance policy as planned. ”

After speaking, he threw a long slam to the ground.

In the end, the eyes of the courtiers converged on Li Fushou who was on the throne, Li Fushou put down the jade pixiu in his hand, and asked after a little consideration; "Your Excellency Prime Minister, what is the opinion of the Cabinet?"

"Returning to Your Majesty, the cabinet has its own opinions on this, and it is difficult to make a decision, and the ministers respectfully ask for the Holy Judgment."

"What about you, which side are you leaning to?"

"Minister...... I agree with the Minister of Finance that this matter concerns the overall financial situation of the Kingdom and that it is advisable to act as soon as possible. Xin Changjun, Earl of Kaiyuan, replied respectfully.

In front of the founding monarch, he, the prime minister, is only the status of the chief civil servant, far from the monopoly of power like the British prime minister, and the power is not a little bit worse.

In the imitation German constitutional monarchy system of the Ocean Kingdom, the cabinet is only the executive body of the royal power, and the parliament is the legislative body under the royal power, and the independence is far away.

This is the characteristic of the German constitutional monarchy, in the German Empire Wilhelm I, the powerful iron-blooded chancellor Bismarck monopolized the government, controlling the political situation and foreign policy of the empire, and the emperor's opinion was at odds with the prime minister, and he had to obediently change his course, which was only a special case.

In 1888, Kaiser Wilhelm I died, and Frederick III died of throat cancer just 99 days after his succession, and his son Friedrich Wilhelm Victor Albert von Hohenzollern succeeded him as Emperor of Germany, known as "Wilhelm II".

Since Frederick III had been misdiagnosed by quacks and died, William was furious about this; "It was the English doctor who killed my father."

After the authoritarian Wilhelm II succeeded to the throne, he quickly kicked out the iron-blooded chancellor Bismarck, thus taking full control of the German Imperial Cabinet.

The successor Prime Minister, Count Caprivey, did not have the strength and great prestige of his predecessor, but was actually an echo worm, similar in status to Count Xin Changjun, and to some extent slightly inferior, which was the norm for the Prime Minister of the German Empire.

"Well, what about the Ministry of Foreign Affairs...... What was the reaction of the British? Li Fushou asked.

Ordered by His Majesty the King, Viscount Tang Zhaoyi, Minister of Foreign Affairs, stood out of the train and replied respectfully; "The British Minister Sir Victor expressed his strong displeasure, and London considered that our hasty implementation of the currency policy was an act of quick success and irrationality, which would cause serious harm to the relations between the two sides, and that the matter of seigniorage should be properly negotiated, and that any action to test the bottom line of tolerance in the British Empire would be extremely dangerous and could have serious consequences."

"Well, that's good, so let's go ahead with the paper money plan." Li Fushou made a decision very simply, and then instructed Sir Kestner; "The Ministry of Finance must work with the Royal Secretariat to closely track the market situation in the early stage of paper currency issuance, respond in a timely manner, accumulate experience in practice, and gradually improve the entire currency issuance system."

"Obey Your Majesty's orders, and Weichen will not dare to slack off for a moment." Viscount Kestner couldn't help but have a smile on his face.

These Brits are amazing, what a god assist!

It was not strange that all the courtiers present had different faces, and Viscount Tang Zhaoyi sat down again with a wry expression, complaining a little in his heart that the British did not understand current affairs.

You Brit is really a dick, the problem is that Your Majesty doesn't eat this!

Everyone knows that our King Majesty has a domineering and arbitrary personality, and everyone can discuss it well, and now the threat of London is no less than a naked public provocation for him, how can he have a good face to the British.

When His Majesty visited England a few years ago, the Crown Prince Ed, was he bullied, and was he still forced back?

The so-called ass determines the head.

Although Viscount Kestner was a Scottishman, he did not consider himself an Englishman, but a standard nobleman of the Great Ocean Kingdom, and of course had the interests of the kingdom first.

After the Tribunal had finished the matter, an order was read;

Chief of the Army Staff, General Conrad Adenauer, Earl of Wield, was the founding father of the People's Republic of China, a man of noble character, who had worked hard all his life, and who had been high this year and had lost energy, and who had repeatedly begged for bones, and His Majesty allowed him to be relieved of his post as Chief of Staff of the Army.

He was awarded the Knight's Cross of the Order of Merit with Diamond Double Sword and Gold Oak Leaf by General Conrad-Adenauer, Earl of Wilfar, a Fellow of the Red Fort, a lifetime member of the Noble Senate, and a plaque of "Loyal and Brave Family" as a token of appreciation.

In the sequence of military medals of the Kingdom of the Great Ocean

The Knight's Cross with Diamond Double Sword and Gold Oak Leaf is the highest level of the Order, which has previously only been awarded to the Generalissimo of the Kingdom Li Fushou alone, and this time Admiral Konrad Adenauer was awarded a medal of this medal, which represents a very high commendation, and was personally awarded by King Li Fushou in recognition of Admiral Konrad Adenauer's irreplaceable outstanding contribution to the military construction of the Ocean Kingdom.

The Fellowship of the Red Fort is a very Chinese imperial style honor, which is only awarded to the highly respected military and political officials, and the Prime Minister, Earl Xin Changjun, has the title of Scholar of the Red Fort, with which he can hold a post to request the king to be summoned urgently, representing the supreme honor.

Following the old practice of the Imperial House of Lords such as Yingde and Germany, the life members of the House of Noble Senate are also a very high honor and have great influence among the nobility.

This appointment by the king himself established the foundation for Count Donald Adenauer to represent the leader of German immigrants in the House of Lords, and to speak for the white minority and fight for equal rights.

Without this title, why fight with him?

From King Li Fushou's point of view, he would rather have an obedient old dog town scene in the House of Lords than a guy who bites people everywhere, and it is reasonable to choose the informed and interesting Count Combard Adenauer to continue to exert his residual heat.

Subsequently, the court continued to announce;

Lieutenant Chi Shouzhuo, Count of Fuyuan, is appointed as Chief of Staff of the Army, Count Mo Rufeng of Zhaoyuan is appointed as Deputy Chief of Staff of the Army, Lieutenant General Viscount Nan Huaiyu is appointed Deputy Chief of Staff of the Army, Lieutenant General Viscount Liu Shan is appointed Deputy Chief of Staff of the Army, and Lieutenant General Viscount Fritz is appointed Deputy Chief of Staff of the Army.

In this large-scale personnel change at the top of the military, the high-ranking officers of the four veteran cavalry divisions of Longhu, Leopard and Wolf, the Shangri-La Garrison Division, the Kalimantan 1st and 2nd Divisions, and the Mobile Division of the African Expeditionary Force have all taken turns to serve in the old units, leaving the old units, or joining the army staff department, or entering the Whampoa Infantry Academy, or entering the military research institute, or being transferred to other divisions and regiments, and a large-scale rotation of officers has been implemented.

The new infantry divisions did not make extensive personnel changes in order to maintain the stability of the army.

The purpose of this is to change the traditional bad habits that soldiers will have.

The officers and men of the army were loyal only to the king, to the country and the nation, not to the private reserve of any high-ranking officer, and the small circle that had been formed was completely broken up.

The advantages of this are that it can greatly improve the quality of officers, broaden their horizons, enrich and enhance their military concepts, and lay a solid foundation for holding higher military posts after promotion.

The next agenda item was to send a high-level military observation mission to the northern part of Vietnam at the request of the governor of Liangguang, Gu Yanchuan, led by Major General Li Xuanzhu.

At the request of King Shoden of the Ryukyu Kingdom, a high-level military observation mission was sent to the Ryukyu Kingdom, led by Lieutenant General Li Shan.

The purpose of sending a high-level military observer mission to the two places was to deal closely with possible military disturbances in the region, one against France in northern Vietnam, and the other against Fuso in the Kingdom of the Ryukyus, so as to prevent these two aggressive fellows from being hot-headed and beating rabbits to do some bad things.

Li Fushou is still quite concerned about these affiliated forces, which also sends a clear signal in East Asia.

These two places are my safekeeping, don't bother if you have nothing to do.