Australian Storm 1876

  Chapter 676 Currency

  In the DPRK

After passing the important issue of the issuance of metal currency, the Minister of Finance Viscount Kestner gave a detailed report on the currency production arrangements of the White Tiger Royal Mint and the production plan of precious metals such as gold, silver and copper. Talked endlessly for half an hour.

  The last topic was changed, and it was the issue of subsequent issuance of banknotes.

  "...

  Your Majesty, gentlemen;

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

The first measure is to use the master engraving plate, adding various open and hidden marks to create a super-difficult fine engraving master. The printed banknotes have complicated and smooth lines, and various anti-counterfeiting methods are available, which will enhance the anti-counterfeiting to the extreme. High threshold,

  The second measure is that the R&D department is improving the pulp. It will use Australia's unique tree and plant pulp to create special banknote paper that outsiders cannot imitate. The use of overprinting technology will be an important part of anti-counterfeiting measures.

  In the third measure, we will purchase the world’s most advanced currency printing equipment and make improvements to form Australia’s unique paper banknote printing capabilities.

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

  From the current progress

The research and development work is progressing smoothly and many innovative results have been achieved. Therefore, the Ministry of Finance of the Kingdom has sufficient confidence in the issuance of paper currency. Paper currency. "

Viscount Kestner’s speech aroused everyone’s discussion. The Minister of Industry, Viscount Hou Guangde, stood up and said respectfully; “Sir Kestner, I privately think that paper currency issuance does not need to be implemented in such a rush, right? Metal currency is introduced to the market. After that, ordinary people must have a gradual and orderly acceptance process. The pound banknotes that have been issued for many years in the market have a high reputation, and the possibility of error is extremely small. They can be used in parallel. The issuance of paper currency by the fiscal authority does not have urgency. It is prudent. It should be more appropriate to launch at the right time after the brewing is mature."

  "This is the words of Lao Chengmou, the minister seconded."

   "The currency issuance field is extremely sensitive, so let's take a look at the acceptance of the people before doing anything, so as to avoid any disturbances, the minister agrees."

   "The ministers and others seconded."

  Among the court officials, most of them are in favor of prudence, and there is no need to rush to introduce paper currency to replace the British pound's status, but we need to observe the acceptance of the public and we will talk about it later.

  The Minister of Finance, Viscount Kestner, although several court officials supported him, the power was always weak and became a minority in the court debate.

This made him look very ugly. The implementation of paper currency is an important measure launched by the Reserve Bank of the United Kingdom of the Ministry of Finance. It is vital to improving the Kingdom’s financial security. This is also one of his major political achievements during his tenure. How could it be possible? give up easily?

  Viscount Stena stepped out of the train, respectfully saluted King Li Fushou on the throne, and then said; "The objections of your colleagues are nothing but a matter of great importance, so you should think twice.

  The old minister believes that with the strong strength of the two currency issuing banks, Huitong Bank and Shangri-La Bank, they have been operating well-known gold-letter signs for more than ten years, and there is no doubt that they have super high credit.

  According to the prudent and conservative business philosophy;

Huitong Bank has been accumulating gold reserves. So far, it has accumulated 377 tons of gold reserves. This amount can be ranked sixth among the world’s major banks, second only to several established British banks and French banks. It is a paper currency. Solid foundation.

  Shangri-La Bank, based on the strong support of the Koi Mining Bureau, has steadily increased its gold reserves over the years, and has accumulated 196 tons of gold reserves so far, which is enough to rank 15th in the world.

Considering that the Kingdom’s Ministry of Finance fully controls the output of Melbourne’s gold mines, Ballarat United Mining Company, in addition to supplying civilian gold market demand, has no less than 60 tons of gold each year that can enter the reserves of the two major banks, which will greatly increase the amount of gold. The currency issuance capabilities of major banks.

   well known

Ballarat Consolidated Mining Company integrates more than 170 gold mines and produces up to 5.7 million ounces of gold each year. Dozens of gold mines in the Palmer River area of ​​Queensland produce 2.2 million ounces of gold each year. The gold mines around Cairns City in the northern part of the state can also produce 120,000 to 130,000 ounces of gold each year, plus the annual gold production of nearly 100,000 ounces of the Koi Mining Bureau, plus the 200,000 ounces of gold production in Mozambique. The total output of gold is about 8.3 million to 8.4 million ounces, accounting for almost 20% of the world's total gold output.

  Such rich gold resources, isn’t it enough to support the issuance of paper currency?

  My Oceanic Kingdom has won streaks and expanded its territory. The morale of the people is high and self-confidence is bursting. It is appropriate to take this opportunity to implement major currency issuance policies, instead of holding back and looking forward and backwards, worrying about this and fearing that. What big things can this be achieved?

  Calculated according to the Ministry of Finance;

  After the simultaneous issuance of metal currency and paper currency, the residents of the kingdom will prefer metal currency more. The deduction ratio is about 7:3, which means that the use of paper currency only accounts for about 30%.

There is no doubt that small-value transactions use metal currency, large-value trade settlement uses money orders, bank checks and other means. The real use of large-value banknotes should be a minority. In addition, the Ministry of Finance has invested heavily in research and development in the field of anti-counterfeiting for many years, which can ensure the safety of paper currencies. And smooth promotion.

   Therefore, the Minister urges His Majesty to implement the paper currency issuance policy as planned. "

  After finishing speaking, a long stroke hit the ground.

  Finally, the eyes of the court officials gathered on Li Fushou, who was on the throne. Li Fushou put down the jade brave he was playing with, and asked after a little consideration; "Prime Minister, what is the opinion of the cabinet?"

   "Return to your Majesty, the cabinet has its own opinions on this, and it is difficult to make a decision. The minister respectfully asks the holy judge."

   "Which side do you prefer?"

  "The minister... agrees with the opinion of the Minister of Finance and believes that this discussion is related to the overall financial situation of the kingdom and should be put into action as soon as possible." Xin Changjun, Earl of Kaiyuan, replied respectfully.

  In front of the founding monarch, he, the prime minister, is only the chief civil servant. He is far less powerful than the British prime minister, and his power is not a little bit worse.

  In the imitation of the German-style 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, which is far from independent.

  This is the characteristic of the German-style constitutional monarchy. In the era of Wilhelm I of the German Empire, the strong iron-blooded prime minister, Bismarck, dominated the political affairs and foreign policy of the empire. The emperor’s opinion was at odds with that of the prime minister, and he had to change course obediently. This is only a special case.

In 1888, Emperor Wilhelm I died. Frederick III died of laryngeal cancer only 99 days after his succession. His son Friedrich Wilhelm Victor Albert von Hohenzollern succeeded He was the emperor of Germany, known as "William II" in history.

  Since Frederick III was misdiagnosed by a quack doctor and died, William said in great anger; “It was the British doctor who killed my father.”

  After the arbitrary character William II succeeded to the throne, he soon kicked away the iron-blooded prime minister Bismarck, thus taking full control of the cabinet of the German Empire.

  The successor prime minister, Earl Caprivi, did not have the strength and great prestige of the predecessor. He was actually an echo worm. His status was similar to that of Earl Xin Changjun, but to some extent it was not as good. This is the normal state of the German Empire.

   "Well, what about the Ministry of Foreign Affairs... How did the British react?" Li Fushou asked.

When his Majesty the King spotted it, the Foreign Secretary, Viscount Tang Zhaoyi, stood up from the train and replied respectfully; "The British Minister Sir Victor expressed strong dissatisfaction. It will cause serious damage to the relationship between the two parties. The seigniorage should be properly negotiated. Any action to test the bottom line of tolerance of the British Empire is extremely dangerous and may cause serious impact."

"Well, very good, then the plan to implement paper currency will be implemented as originally planned." Li Fushou made the decision very simply, and then told Sir Kestner; "The Ministry of Finance must unite with the Royal Secretariat. , In the initial stage of paper currency issuance, closely follow the market situation, respond in a timely manner, accumulate experience in practice, and gradually improve the entire currency issuance system."

   "I would like to follow your majesty's order, and the minister dare not slacken for a moment." A layer of joy appeared on Viscount Kestner's face.

  These British guys are great, they are really amazing!

  No wonder, all the courtiers present here with different faces, Viscount Tang Zhaoyi sat down again with an expression on his face, complaining a little bit about the British ignorance of current affairs.

  You British guy is indeed very cocky. The problem is that your Majesty does not eat this set!

  Everyone knows that our King is domineering and arbitrarily, and it’s fine for everyone to discuss it. Nowadays, the threats in London are no less than naked public provocations to him. How can there be a good face to the British.

  When His Majesty visited the United Kingdom a few years ago, Prince Edward, the imperial crown prince, bullied others. Wasn't he forced to go back?

  The so-called **** determines the head.

  Although Viscount Kestner is a Scot, he does not consider himself an Englishman, but a standard Ocean Kingdom nobleman. Of course, he must put the kingdom’s interests first.

  After the DPRK meeting finished the matter, an order was read out;

The Chief of Staff of the Army, General Conrad Adenauer, Earl of Weiyuan, was the founding father of the country. His character is precious. The army has worked hard throughout his life. This year, he has been very energetic and repeatedly begging for bones. Your Majesty agreed to dismiss the Army Chief of Staff. .

  Earl of Weiyuan, Conrad Adenauer was awarded the Diamond Double Sword and Golden Oak Leaf Knight’s Cross, the Red Fort University Fellow, and the life member of the Noble Senate, and awarded the "loyal and brave family" plaque to encourage him.

  In the Ocean Kingdom Military Medal sequence

The Diamond Double Sword and Golden Oak Leaf Knight’s Cross is the highest-ranking medal. Previously, it was only awarded to Li Fushou, the Grand Marshal of the Kingdom. This time Admiral Conrad Adenauer was awarded this medal, which represents a very high level of praise. , King Li Fushou personally awarded him honours in recognition of Admiral Conrad Adenauer’s irreplaceable contribution to the military construction of the Ocean Kingdom.

The Red Fort Bachelor is a very honorable honor in the style of the Chinese dynasty. It is only awarded to high-ranking military and political officials. The Prime Minister Xin Changjun has the title of Red Fort Bachelor. With this, he can hold a post to request the king to summon urgently, representing the supreme glory. .

  Imitating the old rules of the imperial aristocratic houses such as England and Germany, the life-long member of the aristocratic Senate is also a very high honor and has great influence among the aristocracy.

  The appointment made by the king himself established the foundation of Donald Adenauer’s position as the leader of German immigrants in the aristocratic house, a voice for a minority of white people, and a fight for equal rights.

  Without this title, why would you argue with him?

From the perspective of King Li Fushou, he would rather have an obedient old dog town scene in the aristocratic house than a guy who bites people everywhere. He chose the well-informed and interesting Earl of Kangbad-Adenau to continue to play the remaining heat. It makes sense.

  Afterwards, the court continued to announce;

Today, the appointment of Earl Fuyuan Wei Chi Shouzhuo as Chief of Staff of the Army, Admiral Mo Rufeng, Earl of Zhaoyuan, as Deputy Chief of Staff, Lieutenant General Nan Huaiyu as Deputy Chief of Staff, and Lieutenant General Liu Shan as The Deputy Chief of the Army Staff, and Lieutenant General Viscount Fritz as the Deputy Chief of the Army Staff, hereby inform the world.

In the large-scale personnel changes at the top of the military, the four veteran cavalry divisions of the Dragon, Tiger, Leopard, and Wolf, the Shangri-La Garrison, the Kalimantan First and Second Divisions, the African Expeditionary Force Mobile Division and other senior officers of the veteran troops all took turns to serve and left. The original old units either entered the Army Staff Headquarters, or entered the Huangpu Infantry Academy, or entered the Military Research Institute, or transferred to other divisions, and implemented a large-scale rotation of officers.

  The new infantry division did not make a large-scale personnel change to maintain the stability of the army.

  The purpose of doing this is to change the traditional vices that will exist in soldiers.

  Military officers and soldiers are only loyal to the king, loyal to the country and the nation, not to the private plot of a high-ranking officer, the original small circle is completely broken up.

All officers at the school level and above in the Ocean Kingdom will regularly implement a rotation system. A school-level officer must undergo a rotation experience in front-line combat troops, infantry academies, staff headquarters and other units. The advantage of this is that it can greatly improve the quality of officers. , Broaden your horizons, enrich and improve military concepts, and lay a solid foundation for higher military positions after promotion.

  The next topic is to send a high-level military observation mission to the North Vietnam region at the request of the Governor of Guangdong and Guangxi, Gu Yanchuan, led by Major General Li Shuanzhu.

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

The high-level military observation missions sent to the above two places are to deal with possible military turmoil in the region at close range. One is in the north of Vietnam to deal with France, and the other is in the Kingdom of Ryukyu to prevent Fuso, so as to prevent these two aggressive guys from becoming hot-headed. , Rake grass and beat rabbits to do some bad things.

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

  I protect these two places, so don’t bother if you are fine.

  (End of this chapter)