Lord of Industrialization

"Things have their priorities. No hurry, no hurry."

"Once the shipyards in Hanma City and Lugang are built and produce enough warships and cargo ships, we can go to the south to find gold."

Frederick finally appeased Maria and Susan.

Hundreds of tons of gold are enough to drive people crazy. The news spread among the high-level officials of the Principality of Wessen, and many people asked Frederick openly and secretly when to start.

The 2nd Division and the newly formed 4th Division left in the Principality of Wessen began to gear up to compete for the qualification to grow out of the gold mine.

Frederick had to repeatedly emphasize at the Supreme Ministerial Meeting that this matter could not be rushed.

At present, the maritime forces of the Principality of Wessen are mainly used for logistics transportation to the Western Front Corps in the inland sea, and they can't spare any time.

In addition, the keel of the Flying Tulip had some problems due to the force after it was changed to propeller drive, and it was ready to come back for overhaul, and it might even be retired.

At present, the seagoing ships will be developed in the direction of 500-ton steel keel wooden hull ships, specializing in one model, and developing cargo ships, passenger ships and warships on this basis.

Due to insufficient technical foundation, we can only continue to try and improve.

The most important thing at the moment is naturally to issue paper money to alleviate the shortage of precious metals and to arrange the plot in the Bohemian region.

Giovanni is now the president of the Wessen Bank and the deputy minister of the Rhine Union Postal Department. He spends half of his time managing the Wessen Bank and the other half of his time using the Rhine Union Postal System to extend the tentacles of the Wessen Bank to all directions.

If Frederick wants to issue paper money, he must first reach a consensus with him, otherwise it will be bad if there are problems in execution.

After listening to Frederick's plan to issue paper money, Giovanni nodded and said, "Now, not only large transactions, but even small transactions among citizens have begun to reduce the use of metal currency."

"Bearer bills are used for large transactions, and stamps are even used for small transactions."

Frederick can understand that metal currency is too heavy, not to mention that when he traveled through time, he didn't even carry paper money. He just had a mobile phone in his pocket. He only used paper money to give red envelopes to weddings and funerals and to give red envelopes to younger generations during the New Year.

At present, Frederick's biggest headache is whether to issue paper money based on the gold coin standard or the gold bullion standard.

Although both are gold standard, there are still differences between the gold coin standard and the gold bullion standard.

Under the gold coin standard, gold coins are still circulated according to the law, and paper money is circulated as a subsidiary currency at the same time as gold coins, and can be freely exchanged for gold coins at their face value.

This ensures that the nominal value of paper money is consistent with its actual value, and the domestic value is consistent with the international value, which is conducive to people's acceptance of paper money and the development of domestic economy and international trade.

The gold standard means that gold coins are no longer circulated in the country, and only paper money linked to a certain gold content is issued. There is a minimum limit on the amount of paper money that can be exchanged for gold bars, for example, the minimum exchange rate is 10 kilograms of gold at a time.

The gold standard can "save gold", avoid the large outflow of reserve gold while ensuring that paper money is linked to gold, and solve the consumption caused by natural wear and tear of gold coins.

From the national level, Frederick agrees with the gold standard, which can effectively control the circulation of gold in the country and ease the pressure on gold supply.

But Giovanni considers from the user level that the sudden abolition of gold coins and replacement with paper money will cause economic turmoil, and it may cause trouble.

Sometimes solving political problems is a process of mutual compromise among all parties, and each side can only take a step back on this issue.

Finally, Frederick and Giovanni discussed and decided that in principle, the gold standard should be implemented first, and then gradually adjusted to the gold standard based on the reflected situation.

There is another problem next. There are three kinds of precious metals used as currency: gold, silver and copper, and the exchange rate between them is dynamic.

Then, should the corresponding paper money only use gold, or should different metal currencies correspond to different paper money, and the convergence between paper money also changes at any time.

After thinking for a while, Giovanni said: "I think it is best to exchange only according to gold. The life of paper money is credit. If it changes frequently in the early stage, it will reduce trust."

Frederick nodded, but a new problem arose.

If the unit is florin gold coins, assuming that a 1-florin banknote is needed to buy 1 ton of wheat, then citizens have to use 0.0005 florin banknotes to buy half a kilogram of wheat.

People's banknotes are added to the back, not to the front.

If the yuan, jiao, and fen mode is set, there will be an update problem.

Now 1 florin gold coin = 20 Kreuz silver coins = 2,000 copper coins, the ratio between gold coins and silver coins is 1:20, and the ratio between silver coins and copper coins is 1:100. There are also smaller copper coins and copper coins on the market.

If you want to set yuan, jiao, and fen, which one is the yuan, and how to exchange them with each other.

Frederick and Giovanni discussed for a long time, but could not get to the point, so they could only investigate the private consumption.

The Supreme Council of Ministers set up a "Currency Use Investigation Committee", which was ostensibly to investigate currency wear, edge cutting, counterfeit currency and other issues in transactions. Through the survey form, the use of currency by different levels of consumer groups can be learned.

Many families in towns have the habit of keeping accounts, and the Supreme Council of Ministers also counted the residents' account books on the grounds of investigating people's living standards.

At the same time, Frederick spread the word that he was inspired by the recent 100,000-pound bill of exchange incident of the Meyer couple and planned to lift the restrictions on low-denomination bearer financial bills for daily consumption circulation.

While Frederick was waiting for the results of the investigation as a basis for policy, someone did the next work before him.

Psyche put a stack of bills and a machine on his desk.

Reading the error-free version! 6=9+Shu_bar first published this novel.

"Banknote anti-counterfeiting technology display and banknote counting machine." Psyche said, "Take a look."

Frederick was not surprised by banknote anti-counterfeiting, because the relevant technology was used in bills of exchange. Whether it was paper made of cotton, watermarks, colored fibers, rubber security lines or engraved intaglio printing, they were all relatively mature. At present, more efforts should be made on ink.

The problem is the banknote counting machine. I didn't expect that there would be a sample so soon.

This banknote counting machine is powered by hand cranking. The structure is a bit complicated. When a stack of banknotes is put in, it will rotate. There are five finger-thick rollers with vertical stripes on the big turntable. The banknotes will be removed one by one. After the banknotes are counted, the stripes of the rollers will be stuck by the convex teeth on the bottom plate pressed by the spring, and then the reading can be done.

Psyche said: "This money counting machine is used to count meal tickets in factories and schools. The prototype is a machine used in paper mills to count the number of papers, but it can only count the number of sheets and cannot distinguish the authenticity."

Frederick nodded and said: "This is enough."

After he said that, he picked up the colorful banknotes and his face suddenly darkened.

The pattern on the front of the banknote is very similar to the one in his hometown. The right side is his face, and the blank on the left is the watermark position. The lines on it are extremely fine and complex, exceeding the existing bills of exchange, and can even be printed in four colors.

The problem is that the pattern on the back uses "Grand Duke Wessen (second from the left) and the top three in the competition" and there is an extra pig on the far left, and Frederick is right in the middle.

Frederick asked, "Why use this pattern?"

Psyche answered seriously, "Five Pigs' Money."

Frederick thought for a moment, frowned and said, "Is it appropriate to use Chinese homophonic puns in this world?"

Psyche didn't respond, and asked, "Have you ever thought about what name to issue the banknotes under?"

"It's definitely not okay to say it's currency directly, just wait for a run."

Frederick shrugged and said, "Then issue it in the name of the Duchy of Wessen bearer interest-free bonds, which can be used for paying taxes, deposits, paying fines, and exchanging gold at Wessen Bank, etc."

"Well, when the time comes, I can try it out in the factories I hold shares in and create momentum."

"By the way, find some trusts to exchange gold."