"President, my subordinates feel that this matter should be handled separately. The issuance of large-amount bills can only be done by commercial banks. Our Development Bank has no right to carry out this business."
"My subordinates feel that this business can be handed over to Yangtze River Bank first. Their outlets are the most comprehensive and their credit is extremely high. They have rich experience in commercial capital flow."
When Hu Guangyong came up, he promoted talents and did not avoid relatives, and he could not push his old boss, Yangtze River Bank. However, the most mature commercial bank in China now is Yangtze River Bank.
"President, the country is basically unified now, and all trade routes in various places are open. Commercial exchanges will inevitably become more active. At this time, our bill of exchange system should have a large market. It can be said that it is the right time..."
…
Dong Shuheng listened carefully to Hu Guangyong's report and rarely interrupted. When you poached him, Dong Shuheng was still worried about whether it would undermine the success of the project.
However, after two years of experience, Hu Guangyong has indeed become more mature than before.
In the past, he was just a wizard in the business. He had some talent and was able to endure hardships and learn hard.
However, now he has some qualifications as a financier.
He is usually very eager to learn. In the past two years, Hu Guangyong has not missed studying.
He himself studied current Western economics and economics and finance books, and also studied the history of financial development in Europe. He could only teach himself, and there were almost no talents in this field in China.
Moreover, China lacks relevant domestic experience. Since the Qing Dynasty and counting forward, there has been too little exploration in finance in every dynasty.
"Xue Yan, the establishment of a currency system is very important to a country, and its role is no less important than establishing an army. If China's currency system is born in your hands, you will be the founder of China's currency system. Such a status
In future generations, he will be no less than a saint." Dong Shuheng drew a huge cake for him.
After listening to Dong Shuheng's words, Hu Guangyong felt a little excited for some reason. As the president said, if this thing is done, it will definitely go down in history.
"Xiaguan thanks the president for his cultivation! Without the president, Xiaguan would still be a pawn shop clerk on the streets of Hangzhou!"
"No, gold will shine wherever it is. What you are today is inseparable from your own efforts. I will not raise idle people here. The ugliness comes first. If you can't handle this matter this time, I
I will find someone to replace you." Dong Shuheng waved his hand and said.
In terms of employing people, Dong Shuheng has always promoted the capable and the mediocre.
If he changes someone now, he can definitely speak for himself and does not need to find anyone to discuss it.
Hu Guangyong's current position is deputy minister of the Ministry of Finance and president of the Development Bank of China.
In fact, he is mainly in charge of financial and monetary work.
In addition, Dong Shuheng recently promoted a new deputy minister to be in charge of branch work. This person’s name is Yan Jingming.
Yan Jingming, courtesy name Danchu, is from Shaanxi, 38 years old this year, and was the former head of the Household Department of the Qing Dynasty.
After the Renaissance Army occupied the capital, they immediately surrounded the warehouses of the Ministry of Revenue. No one among the officials of the Ministry of Revenue could tell the full inventory situation of the treasury.
Only Yan Danchu knew the inventory situation of the household department thoroughly.
Later, the incident reached Dong Shuheng's ears.
Therefore, Dong Shuheng specially found someone to investigate this person's situation.
Only then did I realize that there were still some talented people hiding in the imperial court.
Yan Danchu passed the Jinshi examination at the age of 28 and was a very talented person.
However, he was an upright and upright official, and had always been somewhat out of place in the big dye vat of the Ministry of Household Affairs.
It wasn't until Sushun took charge of the household department that he began to be reused.
In the past year, he assisted Sushun in greatly improving the Qing government's financial situation.
Because of Sushun's high regard, Yan Danchu also began to get involved in all aspects of the household department. His outstanding financial management abilities gradually emerged.
After Dong Shuheng talked to him, he found that he was indeed a genius in financial management.
His character flaws are precisely his strengths. Only when such a person helps the country manage its finances can people feel more at ease.
In line with the principle of employing people with no suspicion and not using those with suspicion, Dong Shuheng made Yan Danchu another deputy minister of the Ministry of Finance. His job was mainly to review the budget and implement expenditures, which is the so-called expenditure work.
This position is the most prone to fraud and the most prone to problems.
Dong Shuheng wanted to see how Yan Danchu could do in this position.
Of course, the position was directly given to Yan Danchu because he had experience working in the household department and also wanted to use the money to buy horse bones.
After the establishment of China, how to deal with the huge Manchu bureaucracy was an important issue before Dong Shuheng.
Previously, the FNA adopted a merit-based approach, recruiting some people and rejecting others.
We must resolutely liquidate those Manchu officials who have no talent and have bad records.
For the remaining people, they will be hired based on their ability. Those with outstanding abilities must start from the grassroots level and use their own actions to be promoted normally if they want to be an official in China.
Of course, there were also many Manchu and Qing officials like Yan Danchu who were promoted and hired under unusual circumstances.
Some officials continued to serve as local officials, such as Luo Bingzhang in Sichuan and Lu Quansun in Fujian, who all became local officials in the Chinese government.
Of course, they contributed to the unification, and they did have some talent in politics.
After unifying the country, Dong Shuheng did not cut off the future of scholars.
Instead, they are preparing to organize a nationwide initial selection examination for officials in Xinjing.
The number of officials selected this time is very large. After unifying the country, China's new government will create a large number of vacancies.
Dong Shuheng will not fill these positions all at once, but will always leave some positions for the future, but the number of positions released in this first year is the largest.
This incident caused a sensation throughout China. People called it the first major examination of the new dynasty. Scholars throughout China flocked to it. Now these people have no choice but to serve for the new dynasty.
After sending Hu Guangyong away, Dong Shuheng called Yan Danchu in.
"President!" Yan Danchu was still a little uncomfortable with the etiquette of the new dynasty and the title of president.
"Dan Chu is here, please sit down." Dong Shuheng pointed to the chair opposite the table.
There is a simple desk in Dong Shuheng's office. There is a file rack on the desk, and the documents Dong Shuheng has approved will be classified and placed on the rack.
Then the attendant room will pick it up on time. Normally Wei Yuxiang will be on hand to assist Dong Shuheng in reviewing the documents.
There are two chairs opposite his desk. When he usually meets with officials from various departments alone, Dong Shuheng will stay here instead of going to the conference room.
This was not Yan Danchu's first time here, but after all, he had been a Manchu official for more than ten years. He was already accustomed to the original set of red tape.
The current Chinese government gives him the feeling that it is efficient, as if he can talk to the president face to face if he has something to do.
For many things, once the two of them have discussed it, they can issue a document and put it down for implementation.
"Danchu, I have already read the budget and final accounting system you gave me. You did it very carefully." Dong Shuheng put down a handwritten yellow paper document and said to Yan Danchu.
"President, I have something I don't know whether to say or not. This budget system seems to have taken back a lot of local fiscal autonomy. But there is also a drawback."
"Well, tell me." Dong Shuheng looked at him with a smile, as if he was not surprised by Yan Danchu's words.
"That's right, President, all the money that local governments need for the current year must be obtained through the budget at the beginning of the year. Without budget money, they cannot use it, so they will try their best to report as much budget as possible. This will inevitably lead to financial waste.
." Yan Danchu said.
"Aren't we going to review the completion of the budget? If they don't use up the budget, they will be punished. Then no one will dare to misreport the budget?" Dong Shuheng said.
"But, President, if this happens, some places will spend money to complete the budget and find ways to spend the money, so there will be no savings, and it will also be wasted." Yan Danchu said again.
In fact, Dong Shuheng knew all the problems Yan Danchu mentioned, but every system has its loopholes. There is no perfect system, only a relatively complete system.
Every system is inherently a barrel with holes, and it must constantly use materials to fill the holes from the beginning.
The same is true for the budget system, which can limit the power of the government because the government needs funds to maintain operations.
Without money, the government cannot pay wages, cannot accomplish major tasks, and the government's power cannot be realized.
"Danchu, what can you do? Objectively speaking, how does this system compare with the Qing Dynasty's management model?" Dong Shuheng asked without answering.
"President, our system in China is naturally more efficient, or it can be said to be scientific. But this loophole does exist." Yan Danchu learned the word science recently. In China's documents, the frequency of this word appears
Very high.
Dong Shuheng has adapted to Yan Danchu's direct way of speaking. Even if Dong Shuheng is the emperor now, he, Yan Danchu, will still say this. This is the real Yan Danchu.
"As for how to make up for it, I think there needs to be an organization similar to the original censor to supervise and inspect the implementation of the budget," Yan Danchu said.
Upon hearing this, Dong Shuheng interjected: "Isn't our current Supervisory Yuan responsible for supervising the government? Can't we just let them take charge?"
Yan Danchu also knew about the Supervisory Yuan. This organization was at the same level as the government and played a big role in the former Renaissance Army. Li Hu, the director of the Procuratorate, was even more selfless, but Yan Jingming thought it was not enough to check the budget.
Implementation.
Because checking the budget means checking the accounts, it must be done by a large number of professional people. So after Yan Danchu heard Dong Shuheng's answer, he quickly shook his head and said: "President, the current Supervisory Yuan can't find many problems at all. Making accounting books is just a skill.
Knowledge. Professional people must be responsible for checking."
"Then you mean to set up a professional organization to be responsible for random inspections of budget implementation." Dong Shuheng asked.
Yan Danchu nodded quickly and said: "Yes, President, there must be a specialized agency to take charge of this matter. Otherwise, there will be no practical results."
Yan Danchu had worked in the Department of Accounts for many years, and he knew very well how far people in these yamen could go to falsify accounts.
At this time, Duji walked in, gave the two of them a cup of tea each, and then turned around and left with small steps.
Yan Danchu adhered to the principles of a gentleman and did not squint his eyes.
He only thought she was Dong Shuheng's maid.
After Qi Bin left, he entrusted Du Ji to Dong Shuheng.
Dong Shuheng initially asked her to accompany Wei Yuzhen. Pregnant women usually need someone to chat with them, otherwise they will be prone to anxiety during pregnancy.
However, Wei Yuzhen then took the initiative and arranged for Duji to go to Fuxing Hall to be Dong Shuheng's personal secretary.
Dong Shuheng probably understood what Wei Yuzhen meant. He couldn't refuse this, otherwise it would hurt Du Ji.
So Du Ji stayed in Fuxing Hall. Not to mention, Du Ji had solid skills and a smart mind, so she could help Dong Shuheng a lot.
Wei Yuxiang usually has to manage the attendant's room, so he really doesn't have time to stay with Dong Shuheng all the time. This leads to the fact that Dong Shuheng often has no one available.
Dong Shuheng picked up the tea cup and invited Yan Danchu to drink tea with him.
If this was the case in the Qing Dynasty, when the emperor gave tea, Yan Danchu could only pick it up and taste it carefully after receiving many thanks.
However, in front of Dong Shuheng, he would feel that the other party was just inviting him to drink tea to soothe his throat.
"Let's do this. We will set up a Central Bureau of Budget and Investigation under the Control Yuan. The people in this bureau must at least understand accounting, and I will recruit some masters in accounting from state-owned companies. What do you think?" Dong Shuheng said.
Yan Danchu's serious face finally showed a smile. He said: "This is the best. By the way, President, with this budget system, people in many places may not know what to do just after reading the documents.
Operation. So our Ministry of Finance hopes to organize a training and let the financial leaders of each province and government conduct centralized training. I don’t know if it is possible.”
"Okay, this is a good thing. Although the financial system implements horizontal management, your Ministry of Finance still has the power of vertical guidance. It is also a good thing to strengthen communication between the top and bottom." Dong Shuheng readily agreed to Yan Danchu
request.
Dong Shuheng strongly supports this kind of national-level training or conference. This can highlight the role of the Chinese central government and is very important for achieving centralization.
"Danchu, how much money do we still have in our treasury account? Is it enough to cover this year's expenses?" The reason why it is said to be in the account is because the current treasury no longer reserves money separately. Instead, all the money in the treasury is stored
into the account of the Development Bank of China, and the transfer of money is also through the Development Bank of China.
In China's current financial system, Hu Guangyong is in charge of money, but not in or out.
Yan Danchu was in charge of the incoming and outgoing accounts, but he didn't care about the cash.
The relationship between the two can be regarded as a check and balance.
"This... the silver reserves in our account are about 350 million Chinese dollars converted into silver dollars. There are also 6 million taels of gold reserves, which cannot be used according to your previous rules." This number.
, Yan Dan never dared to think about it before.
He knew that many of these gold and silver were copied from royal palaces and the residences of princes and nobles.
He used to help Sushun manage his finances, and the dignitaries in the capital drank gruel and ate pickles in front of him every day, complaining about their poverty.
If the Renaissance Army hadn't raided these mansions in the end, he wouldn't have known that the Qing Dynasty's treasury was not as good as the treasury of any prince or noble.
It's really funny to say. It seems to have been like this when Li Zicheng entered Beijing.
The princes and nobles are extremely rich, but they are unwilling to give a penny to the country. When the nest is overturned, the eggs are still intact. Everyone knows this, but no one really understands it.
"However, it is not certain whether it will be enough. We have not made a budget this year. President, you have launched so many major projects at once. There are more than a dozen port construction projects alone, which require nearly 10 million yuan. New
The three railways extending out of Beijing also cost nearly 20 million yuan. Almost every province is renovating water conservancy and renovating roads. And we have exempted many places from agricultural taxes this year."
"The most expensive project is the project to regulate the Yellow River. The government will be responsible for the upfront costs of relocating so many people. Just the food rations for so many people for a year is a huge amount."
"Zuo Jigao from the west has entered the Western Regions. He has made a report to repair the official road into the Western Regions. He also wants to build a grain station every fifty miles to ensure a stable supply of money and food for his legion. This cannot be done without five million Chinese dollars.
of."
"In addition, our Chinese government has so many officials who need to pay salaries, and the army needs to pay military salaries. For an army of 500,000, even if the average military salary per person is 20 Chinese yuan per year, that is 10 million Chinese yuan. There are also more than a dozen public academies that need to be paid.
Funding, and there are so many research institutes that need investment.”
"Besides, the government's fiscal revenue will not be so much next year, and some of it will have to be kept." Yes, Dong Shuheng couldn't confiscate a capital city every year.
…
When it came to spending money, Yan Danchu suddenly became chatty.