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Chapter 395 Small denomination banknotes

Zhao Xiaobing smiled and said that they had not all been like that. The girls all curled their lips, and he said that they would go and have eaten together tomorrow night.

Only then did everyone go back to the house with satisfaction.

The next day, Lao Cao convened a meeting.

Lao Wu of the Construction Department reported on the construction progress of Dujiangyan and Chengya Road, and reported on the flood prevention and drought relief funds allocated by various routes.

Lao Cao asked Lao Wu to urge him to speed up the maintenance project in Dujiangyan, and said that this was the first time the court had allocated emergency funds for disaster relief. In the future, all departments should be presumed and try their best to handle critical matters first.

Zhao Xiaobing suggested that the Propaganda Department of the Ministry of Rites publicize and report on the drought this year to the public, mobilize and guide caring people to donate money, donate materials, and provide relief to the victims.

It is not about donating more or less, but about reflecting love and uniting people's hearts.

Lao Cao thought his idea was very good and he applauded him to welcome him.

Li Zhongmian informed the New Song Dynasty's mission to go to Zhenla to declare the rituals and receive the Mongolian mission.

Zhen La took out Phu Quoc Island and gave it to the Xinsong Kingdom, offering countless pearls and jade artifacts.

Lao Cao was very happy and praised the mission for its good work and handed over Phu Quoc Island to the Navy for a long time to station it as a military port. Everyone has the same word "goodness."

Zhao Xiaobing felt that this business was not a loss. Although Phu Quoc Island could not be said to be theirs, he took the initiative to show sincerity, which was very good.

He was not interested in visiting the Mongolian mission, so he could just receive it according to the general state gift.

Lao Cao hopes that they will come today and go back tomorrow.

He and Ding Fu had a tea party with the old peddlers. It worked, but it was not very ideal, and they felt very uncomfortable.

These old people are very rigid in mind, but they are inheritors of orthodox rituals widely recognized in society.

Overall, Xinsong's propaganda machine is still very good, at least it has not jumped out like before, cried and made a fuss.

I've come to the inner city to cry and act.

Zhao Xiaobing asked Li Zhongmian to warn the Mongolian mission that he would not make any negotiations outside and disrupt audio-visual.

Once any evil behavior was discovered, the new Song Dynasty would refuse negotiations and immediately deport them.

The Organization Department proposed to continue to investigate the organizational work for two months.

Zhao Xiaobing felt that this idea was good. In the future, every department should go down to conduct research and inspections in all directions, states and counties every year.

A truly understanding of the actual situation of the prefectures and counties is more conducive to doing a good job in specific work.

Lao Cao also thought it was good, so he immediately said that in order to do better organizational work, he planned to arrange for Wang Yujiao to serve as the prefect of Jiazhou, and transfer the prefect of Jiazhou to serve as the deputy position of the Secretary of the Organization Department to act as the Minister of the Organization Department.

Everyone hadn't reacted yet, and Youyou hurriedly asked why he didn't discuss it with him first. He also planned to let Wang Yujiao lead the whole person to investigate.

Lao Cao said that he had just discussed with Prince Zhao yesterday and had no time to talk to him. It was a bit hasty to say it directly at the meeting today. Jiazhou is close to here, so he can just continue when he comes.

This is a bit abrupt. After all, he is a Laoyou person and should say hello in advance.

Some people say that Wang Yujiao's changes in the position of the Organization Department were effective, so why did he suddenly transfer Wang Yujiao from the court?

Lao Cao explained that he also planned to use Jiazhou as a reform pilot zone of the Organization Department’s Department of Organizations and Works. The new institutional reform will be set up from Jiazhou to explore experience.

As soon as she finished speaking, Li Caixia took the talk. She proposed to fully promote the use of paper money nationwide, and make 500, 200, 100, 50, and 100, 100, 100, and 100, 100, 100, 100, and 1000 banknotes instead of iron coins.

Caixia's mouth was just right, and she successfully resolved the embarrassment just now.

Her proposal was to get Zhao Xiaobing all the exam, and Caixia never discussed it with him.

Zhao Xiaobing was stunned on the spot.

Lao Cao looked at him and scratched his head and said that he had never thought about this, but the circulation of iron coins is indeed a manifestation of incomplete currency reform, and the use of iron coins should be stopped.

As for how the face value of the banknote is connected with the use of iron coins, please discuss it again.

Lao Cao thought about it and said the same thing.

Caixia’s proposal should be reported to Yueqiao first so that everyone can know in advance.

But this time, Lao Cao made an temporary notice to hold a meeting, and it was a bit sudden and no one submitted a proposal. But the purpose of his meeting was not to solve these problems.

Everyone discussed it, but it was not decided.

Because iron coins solve the circulation problem of less than 1,000 coins, if the circulation of iron coins is prohibited, the design of the denomination value of the banknote must cover the function of the iron coins.

Zhao Xiaobing suggested that the State Administration of Finance and Taxation, relevant departments of the Bank and the Ministry of Social Affairs conduct investigations, and then make a decision after soliciting opinions from merchants.

Lao Cao agreed and said that he would decide to issue paper money in full, and prepare the specific matters for the State Administration of Finance and Taxation, and then discuss it in ten days.

After everything was finished, Lao Cao called the meeting to go to the surrounding counties to inspect flood prevention and rescue if he had time.

Zhao Xiaobing planned to go to Dujiangyan again. Old Wu said he would go to Wenjiang, Meng Gong was going to Huayang, and everyone signed up for a county and left.

He followed Lao Cao to the office, and Lao Cao said Caixia was smart and knew how to choose time, so she would not discuss it if she wanted to.

The direct suggestion of adjusting the banknotes at the meeting reflects that she is thinking about problems independently.

He nodded, yes, Caixia raised the issue today not to pass it, but to let everyone see that she is working independently, not the couple opening a husband-and-wife shop.

Furthermore, such a big thing cannot be passed at once, and it must be widely solicited.

Zhao Xiaobing believed that Caixia proposed to use paper money in full.

After so long the currency reform, the people have become accustomed to using lightweight and valuable paper money that can take back all the iron coins.

Moreover, there are not many iron coins that need to be recovered now, because after so many years of exchange, the market for circulation is estimated to be a change.

After hearing this, Lao Cao thought it was the same, so the newly issued banknotes are just to replace iron coins to make change.

It is not prohibited to use iron coins, but to issue small-degree banknotes for change. In this way, the value of the iron coins used will be completely changeable if they are less than ten cents.

The court will not need to cast iron coins as a supplement for the time being.

When she returned home, Yujiao said in public that she was going to Jiazhou and she had to give the man to her these days.

He really was a domineering female president, and he asked Xiaoxiao what to do?

Yu Jiao's mouth was raised upside down, saying it was simple, she didn't know where to send it to the old lady.

Haha, I used his mother.

Zhao Xiaobing smiled and told Caixia that her proposal was good. He and Lao Cao discussed it, believing that the circulation function of iron coins would not be cancelled for the time being, and the small-degree banknotes she proposed would be directly issued.

Iron coins only have a change function of less than ten cents, and their use value will gradually lose.

Caixia smiled and said that they thought so too.

He asked who they were?

Caixia said who else is Yingying and the Bai Family Chamber of Commerce.

It turned out that they had already discussed it, and they didn't have to make 10 million guan of money like before, and just create small-denomination banknotes to exchange for use.

Zhao Xiaobing said it was hidden deep, it was good, so write a report.
Chapter completed!
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