Iron Dynasty

Your Majesty, please take a look.

In the imperial study, Pang Yukun presented the printed set of coins in front of Xiao Ming.

After deciding to issue the currency, Xiao Ming asked the government to prepare and allocate resources. With his personal supervision, the first minting workshop in Dayu Country was successfully established, and a set of Dayu Country's currency was sold within a month. manufactured.

This includes the banknotes he requested, as well as three metal currencies, which are made of gold, silver and copper.

Whether it is paper money or money made of gold, silver and copper, they are collectively referred to as Dayu Guolong coins. The gold coins in the dragon coins are called golden dragons, weighing 1.5 grams and made of pure gold. The silver coins are called silver dragons, and their weight is also 1.5 grams. Grams are one-tenth the value of gold coins, and copper coins are one-tenth the value of silver coins.

In this way, the three metal currencies of gold, silver and copper are the main currencies in circulation in the market, while the denominations of banknotes are relatively large and are mainly used for large-scale commercial trade.

This time, Xiao Ming is not willful. In this era, the people's recognition of metal currency is far greater than that of paper money. If they rush to use all paper money, people will not be willing to exchange their gold and silver with the bank for paper money because of lack of trust. .

Therefore, Xiao Ming currently produces large-denomination banknotes, which are mainly used for trade circulation. At the same time, the reason why he does this is to prevent counterfeit banknotes from affecting the private economy.

If banknotes are used for large-scale trade, merchants will go to the bank to ask the bank to identify the authenticity of the banknotes before using them, thus cutting off the circulation of counterfeit money.

After all, although he used many anti-counterfeiting technologies of later generations in the process of making banknotes, it is difficult to guarantee that Western countries will not print counterfeit banknotes to harm the finance of Da Yu.

In history, Napoleon copied a large number of Russian banknotes. In the process of attacking Russia, he used a large number of counterfeit currency to buy Russian goods, which caused economic chaos in Tsarist Russia, which made citizens buy gold as a refuge.

At the same time, Napoleon also printed British pounds, Austrian coins, and Prussian coins, which made Europe full of counterfeit coins for a while.

Thinking of this history, Xiao Ming thinks that it is better to be cautious. Now the Western colonists are full of malice towards the Great Yu Kingdom, and they have always wanted to reverse the trade deficit. He cannot give them this chance.

This is one hundred golden dragon coins, right? Xiao Ming looked at the banknote. The whole banknote was golden yellow and was mimeographed with ochre, a mineral pigment.

In the center of the banknote is an emperor's head with a crown, which is three-point similar to Xiao Ming.

On the north side of the banknote is a steam locomotive traveling on the railroad tracks, with the word 100 in the middle. These patterns are carefully carved by craftsmen. Among them, there is a small square in the lower left corner of Xiao Ming's head, with the name of this banknote printed on it. The production date and serial number, the most important thing is that this small square adopts the technology of micro-engraving, which once again increases the difficulty of imitation.

Yes, Your Majesty, this is the largest denomination currency of the Great Yu Kingdom at present. Pang Yukun said with a smile, in fact, a single golden dragon is enough for the people of the Great Yu Kingdom to live for a month.

After all, according to the previous silver conversion, the salary of a female worker in a textile mill is now one golden dragon, which is 12 golden dragons a year, and the salary of a female worker is very high in Qingzhou.

After issuing banknotes, banknote inspectors must be set up in each bank, and the issued currency needs to be stamped with the seal of Qingzhou Bank to prevent counterfeit currency from appearing. Xiao Ming looked serious.

Any policy comes step by step, and one cannot eat a big fat man in one bite. The discovery of currency this time is also an initial attempt at financial reform for him.

Putting down the paper money, Xiao Ming picked up the golden dragon, silver dragon and copper coins. In the current UK, the weight of a gold coin is about seven grams of gold. The reason why he used 1.5 grams is because the current gold reserves are too small.

The new currency issued this time only hopes to collect private gold and silver, so that there is no shortage of materials.

Like the banknotes, the head portrait on the gold coins is also Xiao Ming, but the silver coins are different from the copper coins. The silver coins are printed on a naval battleship, while the copper coins are printed with mature ears of wheat.

According to modern rules, this coin should have the image of the founding emperor printed on it, but for Xiao Ming since the Chang'an Rebellion, he has re-established a different country, so he is not ashamed to use his own image.

The most important thing is to print your own avatar on the money, and it will also make the user more friendly to him. Who will have a hard time with the money?

After checking all the currency, Xiao Ming said, Let Qingzhou Bank issue it to the outside world. You can go to the newspaper to find Fan Zeng, and let him cooperate with you to publish the new currency.

After a pause, he continued: In addition, the construction of the Qingzhou Bank must be accelerated, and at least every state must have a bank.

The old minister is already taking over the Cao family bank. It is estimated that within two months, the Cao family bank in all prefectures and counties will be able to change their face and become Qingzhou Bank. Pang Yukun explained his current achievements.

He has always trusted Pang Yukun and Xiao Ming, he said: In this way, I can feel at ease.

The two kings and ministers discussed the matter of currency, and Pang Yukun continued; Your Majesty, according to the old minister, the three Ge Yiren and Kong Huairen, the head of the Confucian family in Qufu, have returned to Qingzhou. In this way, the emperor is the leader of Confucianism, and can lead the reform of Confucianism.

Xiao Ming nodded, and he also got the news. It is said that Ge Yiren persuaded Kong Huairen, the head of the Confucian family, as soon as he arrived in Qufu. After staying in Qufu for a while, Kong Huairen brought more than 300 disciples and three people together. Arrived in Qingzhou, now waiting for his reception.

Xiao Ming was very happy to see this happen. The Kong family recognized the situation at this time, which saved him a lot of effort.

I will wait until I meet Kong Huairen. I have a lot of things to explain to him. Xiao Ming pondered. In order to reform Confucianism, he personally wrote a set of points that needed to be reformed and waited for Kong Huairen to publicize it for himself.

Yes, Your Majesty.

Pang Yukun responded and turned to leave after confirming that Xiao Ming had nothing else to do.

After only Xiao Ming was left in the imperial study, he picked up the new currency of the Great Yu Kingdom again. In the blink of an eye, the reform of the Great Yu Kingdom has been going on for two years. Various workshops, both government-run and privately-run, jointly support the current industry of Da Yu.

And because of the prosperity of industry, merchants have more goods to re-sell, allowing a steady stream of silver to flow into the Great Yu Kingdom. It is against this background that currency is issued.

It's just that the current industrial capacity is not enough for him, he needs more workshops, but in this way he needs to have more markets to support the industry and sell more types of goods at the same time.

Thinking of this, he couldn't wait to get more areas like Goryeo.

Just as he was thinking about it, Li San arrived outside the imperial study.