Chapter 123 Currency and War
After two days of gathering with him in Guangzhou, Jinfeng was even more reluctant to destroy the trade routes he had worked hard to establish, because this arbitrary trade obviously made a lot of profits for them.
At the banquet, looking at the matchmaker, as Ye Zhao's "promise", Weiyue Yiori will live in Chengxinyuan in the future.
Rong'er noticed that she was being carried into the dormitory, and her little face turned redder. Her husband could do anything ridiculous. When she went to Hua Ji Shawa's room, she often played with each other. It seemed that her husband liked her. Then she secretly glanced from the corner of her eyes and the matchmaker followed her. Rong'er was extremely panicked. If she was her husband, her husband...
Ye Zhao had already put her little body on the big bed of Longfeng with a smile, pinched her little face, and said, "Do you have a fever?"
Rong'er was sweating all over her body, and she felt her body was soft and she didn't have any strength, so she wanted to lie down and have a good sleep.
Ye Zhao had already grabbed the pillow and said, "Sleep for a while. I've just cried for a long time and am exhausted?" He helped Rong'er untied her shoelaces, took off her flag shoes, put her knees on her, and put her little body flat on the bed, pulled her over the soft blanket and gently covered her.
Rong'er's little face was full of satisfaction and her eyes slowly closed.
Looking at Rong'er, Ye Zhao smiled slightly, turned around and waved to the matchmaker. The matchmaker didn't say anything, but walked over and sat side by side with Ye Zhao on the head of the bed. He had a crimson tweed military uniform and windbreaker, a slender waist tied with a belt, and a small red leather boot, extremely British and American.
"Are you planning to go to war with the North?" asked the matchmaker.
Ye Zhao patted the matchmaker's tender little hands and sighed softly.
The matchmaker said, "You are getting less and less happy."
Ye Zhao smiled bitterly. Indeed, the more authority is, the less you are truly happy. When will the welfare of hundreds of millions of people be under one shoulder?
"Sometimes I think, I really miss when I first met you, I was fighting cocks and walking dogs, and doing whatever I wanted." Ye Zhao said, gently grasping the matchmaker's tender little hand, and suddenly said, "Hey, why don't you get calluses?"
The matchmaker really wanted to give him a shock, but after all, he was my husband and the man was overwhelmed by heaven, let alone he was the regent of the Southern Dynasty.
"It's not difficult to start a war with the North, it's on Miao Peilin." The matchmaker smiled hard.
Miao Peilin, who owned more than 100,000 Miao troops, occupied northern Anhui. In the past two years, he plundered the people's wealth and increased his military equipment. It can be said that his troops were strong and powerful. He accepted the enthronement of the Southern Dynasty, but he failed to do so even if he wanted money or guns. He immediately turned to the north and was appointed as the governor of Anhui, but his armed forces were real private armed forces.
The independent kingdom ruled by Miao Peilin was a place where people were living in poverty and mourning everywhere. Someone wrote a passage of "Guer Ci", saying: "Hefei County Beisu, Lingxi, Shou, Feng, Ding, Huai, No need to ask, Lu'an, Huoqiu junction, Meng, Bo, Fu, all the powerful disciples. In the daytime, they were called heroes, but now they are burned to make a living, and now they are burned to make a living, and they are robbed of people and redeem small business. Huaqiao robbed who asked whom his wife?... It is impossible to say that the desolate scorched earth and scattered the graves, and it is not strange to dig soil and dig graves. When the official army was victorious and pretended to surrender, they led a group to practice flags."
The Six Kings now reorganize a new army and have no time to take care of him, so as not to incite the Miao army to mutiny and give the Southern Dynasty an opportunity to take advantage of it.
"Do you have a way to ask Miao Peilin to provoke me?" Ye Zhao had thought of using the gap in northern Anhui to enter Jiangbei.
The matchmaker said, "Take it slow, you can always think of a solution."
Ye Zhao nodded slightly, knowing that the matchmaker must be convinced, and said, "No need to worry, I always have to look at it." He said, "I still want them to discuss the Political Consultative Office."
He sighed again and said, "I don't know how many loyal souls will be added to the Loyalty Monument..."
The matchmaker pinched Ye Zhao's hand and said nothing.
...
Zhu Sisi was recommended to serve as the director of the Shanghai Police Bureau and the Chinese General Inspector of the Processing Department. She has gone to Shanghai to take up her post.
The Shanghai police force is led by officials from the South. At the same time, the Chinese police officers in the Concession are all controlled by the Shanghai Police Bureau. A month ago, the Police Bureau was officially listed, and Zhu Sisi was recommended as the first director of the Police Bureau.
Of course, due to the vague status of Shanghai, the Police Bureau also serves as the responsibility of handling disputes in the concession, so the candidate for the Director of the Police Bureau must also be recognized by officials from Northern China and the Bureau of Industry and Industry of the British and French Concessions.
The Southern Dynasty Police Headquarters recommended Zhu Sisi because she was not only highly recommended by her superiors, but also performed well. She was also an extremely outstanding female official in the Southern Dynasty Police System. Appointing her as the director of the Shanghai Police Bureau can better demonstrate the new style and style of the Southern Dynasty. In addition, she is a woman, so she is more likely to be recognized.
As a result, the Ministry of Industry and Industry of the Concession quickly agreed to the candidate for the Chinese General Inspector. Although the officials in the North believed that the female police officer was too inappropriate, they did not raise any objection when they saw that the Ministry of Industry and Industry approved it.
However, although the Police Headquarters of the Government Council is open and unaware of Zhu Sisi's other identity, Ye Zhao is helpless.
In the east side hall of the Political Consultative Hall, Ye Zhao sat on the throne of the Minghuang, and the six ministers of the Political Consultative Hall sat around.
What we are discussing now is the "Towntown Government Order". Listening to the several ministers expressing their opinions, Ye Zhao didn't say much. Every time the bill was discussed and implemented, Ye Zhao felt that he could not completely regard the laws of the Qing Dynasty as nothing, and could not establish a constitution as the fundamental law. The promotion of various systems and regulations seemed extremely chaotic. However, even if he promoted the birth of a reformed constitution, he was really powerless now because the royal family and the royal family competed with various powers, and if some fundamental problems were not solved, he could not determine the law of founding the country.
The second issue is the "Money Act" and the draft for the establishment of the central bank. The South China plans to find a suitable opportunity to issue banknotes worth 10 million silver dollars next year. The banknotes are based on the silver standard and are linked to silver. Fen, jiao, and cent, and one dollar silver equals ten yuan banknotes. Similarly, one cent silver equals ten cent banknotes, and one cent silver equals ten cent banknotes.
The first time it was to issue only 10 million silver dollars, that is, 100 million yuan in paper money, it was naturally a very cautious approach.
However, on the establishment of the central bank and the issuance of paper money, several opinions on the political discussions had sharp confrontations. Li Xiaocun believed that the issuance of paper money should be learned from the British, issued by private banks, and used treasury bonds as reserves for issuing paper money.
Li Xiaocun believes that this model is more advanced. The government’s forced issuance of currency is entirely based on government credit for forcibly occupying the initial right to use the newly issued currency, which can easily lead to uncontrollable printing of paper money, causing the collapse of the country's economy, especially posing hidden dangers for future generations.
When private banks issue currency, the government decides the amount of currency issued. Each time a currency is issued, taxes of the same value must be mortgaged to the bank in the form of treasury bonds. The bank only charges interest. In this way, the issuance of currency, etc. are transparent and easier to control, and the issuance of currency is subject to many constraints.
As a credit currency rather than a forced paper currency, the government bond mortgage currency is also easier to circulate in the international field because its issuance is transparent and gives holders more confidence than the forced paper currency of the state.
Li Xiaocun even said that the banks that issue paper money are the most powerful bank in the south, the Cantonese Bank.
Li Jianchen, Li Hongzhang and others didn't speak, and anyone knew that the largest shareholder of the Cantonese Silver Company was the Regent.
Yuan Jiasan expressed strong opposition. What a joke about private banks issuing coins?
In fact, paper money can be exchanged for gold and silver today. It is nothing to say that private banks issue it, because it is not very different from silver notes that can be exchanged directly from the issuing bank.
But in Yuan Jiasan's view, it is naturally a big mistake. When issuing banknotes that can be purchased by privately, where is the imperial court placed?
Although he knew that the major shareholder of the Cantonese Silver Company was the regent, he also opposed it with fierce words and even scolded Li Xiaocun: "It's just a joke!"
In fact, with the current economic system, the issuance of paper money by private banks is obviously higher in credit, which will also be a healthy promotion for economic development. For example, private banks issue 10 million banknotes to the government, and the government mortgages 10 million treasury bonds to the bank. The person who receives the currency is actually equivalent to holding bank notes similar to bank notes and can exchange silver for the bank. This model is relatively healthy for the economy and will not cause the government to print currency without restraint and cause hyperinflation.
But this is just an ideal state. In fact, when people gradually get used to using paper money, their printing power will be gradually controlled by bankers, and when the gold and silver standard collapses, its disadvantages will become more and more obvious.
There are also various disadvantages in the issuance of currency in the government, but as long as the regulation is properly, it will be more efficient and will not be tied to the chariot by financial giants.
"We still need to establish a central bank!" Ye Zhao waved his hand and ended the debate.
Li Xiaocun's lips moved, but in the end he didn't say anything. His hands, which touched the handle of the teacup, shook slightly. It was obvious that Yuan Jiasan was so angry that he was quite dissatisfied.
Li Jianchen did not say anything, a few rays of light appeared in Li Hongzhang's eyes, and Zhou Jingshan patted Li Xiaocun's hand, meaning to tell him not to mind.
Ye Zhao knew that Li Xiaocun had worked hard to study Western political and economic systems over the years, and he felt that Yuan Jiasan was ignorant, but he was standing on Yuan Jiasan's side, which made him even more puzzled.
Holding up the teacup, Ye Zhao said: "How do you think about the situation in the North?"
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Chapter completed!