Daming pirates

The discerning people soon realized what Yu Xiaotian wanted to do and thought this would be a very good opportunity. They rushed to send their children to the newly established voluntary schools in various places to accept the brand-new education promoted by Yu Xiaotian.

Education, in this way, whoever starts quickly will be most likely to benefit first.

Therefore, regardless of the annual taxes that the Dazhong court can receive, which far exceeds the fiscal revenue of the Ming Dynasty, but with Yu Xiaotian, the king of money-spending, the Ministry of Household Affairs is still pressed hard, if it were not for the tight pockets

If so, the fiscal revenue received this year would probably not be enough for Xiaotian.

In order to save money and waste, Yu Xiaotian merged the eight bureaus, four divisions and twelve supervisors that were previously dedicated to serving the royal family. Except for the Yuma Supervisor, they were all abolished, while the Military War Bureau was placed under the Ministry of War.

Under the management of the Logistics Department, the various workshops left over from the Ming Dynasty that specialized in manufacturing weapons were merged with the arsenal he had built today, and the craftsmen were transferred to various newly built arsenals to continue to be retained and continue to provide large and medium-sized armies.

Weapons production.

The rest of the departments that specialized in serving the royal family, such as bureau supervisors, were all cut off to save too much financial expenditure. It was considered that everything that could be squeezed out was squeezed out. Starting from him, he vigorously promoted a frugal life as a

The emperor has done this, and the people below him no longer dare to spend money lavishly, so these things alone save a lot of money every year.

Yu Xiaotian has been vigorously promoting the development of industry and commerce since he was the supervisor of the country. Now after he ascended the throne and proclaimed himself the emperor and established the country, he immediately began to prepare state-owned banks and transformed the original bank under Maoshengyuan into a large state-owned bank.

It began to set up a large number of branches all over the country, becoming the largest bank in China and North Korea, and began to prepare for the implementation of a bank-standard currency system.

At the beginning of the Ming Dynasty, a large number of treasure banknotes, that is, banknotes, were issued, and they also thought of many ways to control the depreciation of banknotes. However, in the end, this was done very badly. Starting from the imperial court itself,

They do not respect the value of banknotes. Instead, they regard the issuance of banknotes as a tool to make money. They issue banknotes when distributing money, but refuse to accept banknotes when collecting taxes. In this way, banknotes are

It soon became waste paper, causing many ordinary households that collected banknotes to go bankrupt.

This also caused the banknotes to quickly lose their monetary value after they were issued and become a piece of waste paper. In the end, because no one was willing to accept these banknotes, the banknotes were completely abandoned. Later, with the influx of large amounts of silver,

After the Ming Dynasty, silver became the hardest currency in circulation.

In addition, in the history of the Ming Dynasty, paper money was first promoted, and the coining of money was stopped in order to promote paper money. However, later due to the bankruptcy of banknotes, the coinage had to be re-introduced. Gradually, various places flocked to start minting money, and the copper coins they minted were also

There is no distinction between good and bad, and the copper content is different, resulting in a very confusing currency.

With the influx of silver, the market gradually began to regard silver as currency, and a large amount of silver was deposited among the people. This was not a good thing for the country, and the circulation of silver was also quite troublesome. First of all, the fineness of silver is different.

The weights are also different. When paying for small amounts, it is not easy to pay with large pieces of silver. They have to be cut into small pieces of silver with different weights, which makes the transaction inconvenient.

With the establishment of the Great China, the development of industry and commerce was vigorously promoted, and social transactions would also increase. It was obviously inappropriate to continue to use the copper coins and scattered silver coins of the Ming Dynasty as currency.

Moreover, banknotes are a development direction in the future, and currency paper-currency is also a trend, which has many advantages. Therefore, Yu Xiaotian decided to establish a large state-owned bank, unified under the management of the Ministry of Accounts, to issue new currency across the country.

Of course, direct issuance of banknotes will definitely not be popular, and it may not even be promoted. Therefore, Yu Xiaotian did not rush to issue banknotes as the first step, but decided to issue silver coins and copper coins first, and then issue new coins.

Before silver coins and copper coins, Yu Xiaotian also issued an order to stop all illegal minting of coins in various places, and severely punished them if discovered.

During this period, European countries poured into China silver, and many of them entered China in the form of silver coins, called Yingyang, which were very popular because these silver coins had a fixed weight and sufficient fineness, and were used for transactions.

It was very convenient, so Yu Xiaotian ordered the state-owned banks to imitate these Yingyang and promote silver coins and copper coins.

Moreover, Yu Xiaotian changed the previous casting method to the stamping method for production. The stamped silver coins and copper coins are not only very exquisite, but also have stable weight. It will not easily appear that some coins are small and some are large, and they are uniform in shape.

More importantly, it can prevent someone from secretly counterfeiting and manufacturing counterfeit coins. After all, stamping technology is still an absolutely high-tech technology. It is absolutely difficult for ordinary people to imitate this technology. If you use the casting method to imitate it, the counterfeit coins will be made.

The quality of the coin will be very poor, and the authenticity can be seen at a glance.

In addition, some people will cut or scrape off the outer ring of silver coins to make some dirty money. This kind of thing has happened before in the Ming army. There is also the practice of doping silver with lead, zinc and other metals.

Reducing the silver content of silver and now manufacturing stamped silver coins and copper coins will completely cut off these people's financial opportunities.

The coins produced by stamping have lines on the edges. No one can continue to cut or scrape off some broken silver from the edges and re-melt them. In this way, the scraped or cut silver coins will lose these lines. In the future,

No one will want it, so if you do this, you will slap yourself in the face. No one will be stupid enough to use their money so that no one wants it.

Therefore, the issuance of this new type of currency will play a very good role in the unification of currency in the future, and will also make transactions more convenient when used in circulation.

As for the issuance method, it is also very simple. After all the taxes currently collected across the country are handed over to the Ministry of Accounts, they will all go to the state-owned banks. The state-owned banks will uniformly mint them into coins at the mint, and then make fiscal expenditures.

When the time comes, use these new coins for spending.

State-owned bank branches have been set up in various places, which can handle storage services, and can also exchange the current silver and old money on the market into new coins. The exchange ratio is also stipulated, so that the state-owned banks can make some profits from it, which is regarded as a formality.

Pay it.

After everything was prepared, at the beginning of the second year of Chengtian, Yu Xiaotian issued an edict to the world to stop the direct circulation of various old coins and silver coins on the market. In the future, all commercial transactions or other transactions will use the new Dazhong Dynasty coins.

of new coins for trading.

In the past, those silver coins and copper coins stored privately for circulation had to be exchanged at public state-owned bank branches in various places. Especially for those old-style copper coins, the exchange time was stipulated, giving them half a year to exchange.

If you don’t redeem it within the stipulated time, then it will be completely abolished and turned into scrap copper. You will cry when the time comes!

Governments in various places sent people to strictly check the use of new coins in the market, and it was forbidden to continue to use old coins or continue to use silver coins for transactions.

The new coins themselves are exquisitely made and of standard weight. Whether they are copper coins or silver coins, they are of the same quality and are very easy to use and carry. Merchants are also very willing to accept this new coin, so it is not difficult to promote it. Once issued, it is very popular.

, the exchange business in various places is also very popular, and people have sent all kinds of old money they have to the bank to queue up to exchange for new currency.

Including some wealthy people, they are also willing to exchange some of their old money as soon as possible. Otherwise, if it is kept in their cellars, it will become scrap copper in a short time. No one dares to neglect it.

This has caused a lot of pressure on the bank. First, there are too many people coming to exchange, and they are too busy even if they exchange it day and night. The other is that the number of new coins they have prepared in advance is not enough to exchange.

For the old coins owned by the people, many people waited for a long time but could not get the new coins. They complained and were very unhappy. There were even troubles in some places. Even the branches of major Chinese banks in various places were smashed.

Young family.

Yu Xiaotian had already expected this, and printed a large number of banknotes with the same value as silver coins and copper coins in advance. These banknotes also used paper specially developed by skilled craftsmen, and also used the most exquisite engraving printing.

Technology, and using semi-automatic mechanical printing, and the ink used is also specially produced. Compared with those treasure banknotes issued by the Ming Dynasty in the past, the printed banknotes are simply exquisite to the sky.

These new banknotes are also watermarked and have a lot of anti-counterfeiting measures. Yu Xiaotian also made use of some of the banknote anti-counterfeiting technologies known to later generations, making use of the available technologies in this era.

, for example, when making paper specifically for banknotes, some fine fibers of various colors are added to it, so that these colored thin lines can be seen on the surface of the banknote paper.

In this way, at least for current counterfeiters, it is impossible to imitate this new type of banknotes. Putting real and fake banknotes together, you can tell the authenticity with your buttocks. It can be said that sufficient anti-counterfeiting measures are taken.

Measures will ensure that no one can imitate this kind of banknotes within a few decades at least.

After banks in various places obtained these banknotes, they began to use the banknotes to the people to exchange for the old coins in their hands, and the government posted notices that no one could refuse such banknotes. The banknotes could be used as the currency value printed on the banknotes.

After receiving the banknotes, merchants can exchange them for silver coins or copper coins of equivalent value at branches of major Chinese banks within a specified number of days each month.

This is a quite complicated process. When banks first exchanged these banknotes for people, most people did not want them at all and had to exchange them for new metal coins.

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