In Chenyang City, Liaoning, a farmer in his 50s with a vicissitudes of life walked out of the bank, holding a piece of paper with various patterns and patterns in his hand. From his expression, it can be seen that the old farmer was quite confused.

And beside the old farmer, many people also looked confused after walking out of the bank. Of course, they also held a piece of paper with various patterns and patterns in their hands, just like the old farmer.

In 1925, many major events happened one after another.

One of the more famous is the Population Migration Policy. Each of the people who voluntarily go to Kazakhstan and other provinces can get 100 acres of arable land, which is free. At the same time, each household can also get a tractor and three years of fuel supply from the State and Social Government. Under this policy, millions of Chinese people were moved to Kazakhstan and other provinces in Central Asia.

The Chinese who moved to their new homes through railways settled down on these new lands, and their existence also represents the increasing stability of the national and social government's control over these new territories.

This also led to the second major event, that is, the National Social Security government ordered 300,000 tractors from major domestic automobile companies at its own expense. Although the motor vehicles put into use around the world at this time were calculated in tens of millions, the government ordered 300,000 tractors at one time, which still attracted a lot of attention.

During this period, the automobile companies operating in China were also angry at their government's incompetence, because their government did not even get one for them in the order of 300,000 vehicles.

Thinking of the various efforts made by the National Social Security government to support the domestic automobile industry, it is not difficult to understand the anger of these automobile companies.

However, the National Socialist Government will place an order of 300,000 vehicles. In addition to consolidating its rule in the new territory, it is to support the domestic automobile industry. At this time, if the orders are distributed to foreign companies, should we support foreign countries or domestic?

Therefore, even if the foreign popular people are jumping, and even bringing their respective governments, Yan Guang's answer is still no.

Although there have been a lot of criticism for this, the development of the domestic automobile industry is very good. Even several automobile companies are considering producing a car that even the working class can enjoy, just like the Ford T-mobile at this time and the Beetle cars in later generations.

However, when the Ford T-mobile was cheapest, it cost about $260, which is more than 500 silver dollars. At this time, the monthly salary of ordinary workers in China was only more than 10 silver dollars. Although China's labor cost was lower than that of the United States, it was impossible to have a big gap like China and the United States in later generations. Therefore, it is still a long way to go to produce a "national car"...

And Yan Guang also understood that the most important thing here is not how cheap the cars are, but how high the people's income is...

Fortunately, as China began to transform from an agricultural country to an industrial country, the people's incomes were also growing. Therefore, Yan Guang did not need to worry about this problem. In addition, the bill of "8-hour work system" was also determined under the promotion of Yan Guang, the largest capitalist in the country. After all, even Yan Guang, the largest capitalist in the country, did this, and others had no objection.

However, although the bill has been implemented, the implementation time of the bill is too short after all, so some things that violate the bill should not be said to be in remote areas. Even in big cities like Shanghai and Guangzhou are very common. At the same time, local officials cannot be completely honest. While accepting capitalists' notes, these local officials naturally turn a blind eye.

Therefore, just like other capitalist countries at this time, domestic workers' marches and strikes also occurred from time to time. Under this situation, some Bolshevik parties began to emerge quietly in the country...

Fortunately, Yan Guang's political achievements over the years have been "very good", and Yan Guang has promoted the 8-hour work system against the public. Moreover, it is strictly implemented in his own companies and enterprises. These are all Yan Guang's own. Since the boss doesn't mind, the managers below will naturally be more relaxed, not to mention that not everyone likes to be scolded by others behind their backs.

It is precisely because of these reasons that although the strikes and parades below occur frequently, Yan Guang's status and prestige have not been affected at all. In some cases, there has even been a situation where there is no rise instead of decline. Although there is no rise...

As for those Bolsheviks who have been circulated from Russia?

At this time, China was completely different from China in another world. In another world, China was only a semi-colonial agricultural country at the same time. Although the number of workers could not be considered small, it could not be considered large. Therefore, it would be absolutely impossible to follow the path of workers.

Although China had many problems at this time, after comparing it with other countries at the same time, it could barely be considered a semi-agricultural and semi-industrial country, and on the whole it was still making rapid progress towards industrialization.

Therefore, if these Bolsheviks who came to China across the ocean and the Bolsheviks in China go the same way, the results will be completely different from the history of another time and space. If they go to the countryside to surround the city, they will be dead, because agricultural taxes have been exempted for many years, and government relief will be issued in time during famine. Although they are a little tired and there are no free tractors like Kazakh immigrants, the peasant brothers at this time are definitely much easier than the working brothers. In this case, no matter how much you win over you, you can't think of what to win over you.

As for the worker brothers who are ten times more than the same period?

Seriously speaking, unless it is like the developed countries in later generations, workers in any country will work very hard. And in this era when the system of protecting workers' rights and interests is still incomplete, it is even more obvious.

In addition, the early **s were all united working class, and China during this period had at least ten times more workers than the number of other worlds at the same time. Therefore, if these Bolsheviks could really instigate the working class, even if they had nothing to do with the overall situation, it would have caused a lot of trouble.

but…

The enemy is a friend...

Well, this sentence doesn't seem to be true, but even ordinary Chinese people just look up at the national map in 1911 and 1925 and will understand that the Soviet Union is definitely not a friend of China.

But ** is the most famous product in Russia. In this case, there are naturally fewer people who are willing to support **. After all, even the most ordinary Chinese people understand what kind of people should support and what kind of people should not support...

Therefore, even though China often has some strike movements, not many people are willing to support **. After all, as long as they are normal people, they will not help the enemy destroy their country. Or, after learning that ** is from Russia, and the Bolsheviks in front of them are all from Russia or have received support from Russia, those who are being bewitched have already begun to suspect that they are malicious...

So it is natural. Although ** is very tempting, its development in China has always been undernourished...

——————————

In addition to the above two things, another major event is that the Guoshen government officially announced the closure of several oil fields located in the Northeast and other places, such as the Daqing Oilfield.

The official statement is that the government is worried that oil produced in the Northeast and other regions will pollute local arable land, so it decided to temporarily close several oil fields located in the Northeast and other regions.

But as mentioned above, this is just an official statement.

In fact, the National Socialist Government does this for another consideration.

With the implementation of the immigration policy, the number of mainland residents in Kazakhstan and other places has reached hundreds of thousands. If this speed continues, the population in Kazakhstan will soon exceed one million, and the area of ​​arable land in Kazakhstan is large.

In later generations, Kazakhstan's arable land area was 220,000 square kilometers, ranking 15th in the world, but during the Soviet period, Kazakhstan's arable land area reached 300,000 square kilometers (30 million hectares). It ranked 11th in the world, only about 30,000 square kilometers less than Nigeria, Indonesia and Ukraine.

Considering that Kazakhstan is vast and sparsely populated, it does not require too much arable land area, so even immigrating to Kazakhstan is a problem. In this case, at least the rule of the National Socialist Government in Central Asia is quite stable.

However, unlike Central Asia, Iraq and other places do not have as much arable land area as Kazakhstan, and the remaining arable land is also owned, so it is impossible to divide the land into attracting immigrants like in Kazakhstan.

Although after the policy decision, Iraq and other places have begun to build a large number of factories to attract population to migrate to these areas, this method is really inefficient compared with the Kazakh method.

Although the National Social Security government has decided to protect these treasure lands that have been criticized by gold no matter what, no one can guarantee that there will be no situation in the future when there are Soviet Russia on the top, Britain and France on the bottom, and Turkey on the left.

Therefore, the National Social Security government decided to close several oil fields in the Northeast and other regions first, and make every effort to develop oil in the Caucasus and the Middle East. As for oil in the mainland, it will be temporarily sealed. If there is a problem in the oil-producing areas such as Iraq, it will be re-exploited for emergency response. If there is no problem, then continue to seal it and leave it to future generations...

There are still many smart people in the world, and the intentions of the National Socialist Government are not difficult to see through. However, foreign media did not speak out to mock the National Socialist Government because of this incident, because not long after the policy was announced, another major event happened...

——————————

"………This…” After glanced at the banknote in his hand, the 50-year-old farmer hesitated. "Can you really spend it?"

A young man dressed in an intellectual side said, "Since it is a currency promoted by the government, paintings can definitely be spent, but..." The young man said hesitantly. "But paper money seems to be easily turned into waste paper..."

Indeed, at least in China's history, paper money has easily turned into waste paper.

After all, in China's history, paper money has been issued countless times because the world's earliest paper money appeared in China.

What's more, compared with the heavy and shaky silver coins, the banknotes are too thin. No wonder they hesitate so much.

"No matter what, I'll try it first..."

Gripping his teeth, a man who looked like a housewife said, and said as he walked into a store near the bank.

Behind the woman, the old farmer and others looked at him nervously, as if they were looking at a hero who was going to die. After a few minutes, the woman finally walked out in big bags.

"No problem, I can spend it..."

He is nonsense, and paper money exists for spending.

After the KSW government announced the closure of oil fields located in the Northeast and several other regions, it was a good time for the media to attack the KSW government, especially when some countries in the world did not have much good intentions towards the KSW government.

However, the media did not choose to do so. Instead, they focused on reporting another news.

The reason for this is that after several years of planning, the National Socialist government finally officially announced the change of the monetary system...

In the past, China has always been a country with a silver standard. In the history of my country's currency, silver gradually became a currency metal from the Han Dynasty to the Ming Dynasty. It was truly a country with silver. Although copper coins and paper money were also popular at that time. The business atmosphere of the Ming Dynasty was strong, and the people's material life was extremely rich. The expenses were fragmented, from frugality to extravagant. However, the silver system was implemented, and the weight of metal was valued, which belonged to the weighing currency system. It did not enter the stage of the monetary system. The "Currency System Rules" was promulgated in the second year of Xuantong (1910 AD), and the silver standard was officially adopted. The "Yuan" was used as the currency unit and the weight was 7 cents and 2 cents of the Kuping. The quality was 90%, which was called the Qing silver coins. However, silver dollars and silver coins were still used together on the market. After the Revolution of 1913, the "National Currency Regulations" was officially stipulated that the silver dollars with a weight of 7 cents and 89% of the silver dollars were China's currency units.

So it is natural that after the establishment of the National Socialist Government, silver dollars have been used as currency units.

In the history of currency, silver acted as a standard currency earlier than gold. However, in terms of acting as a currency commodity, gold is far better than silver. With the development of the economy in Western countries, the silver standard first transitioned to the gold-silver duplicate system, and was replaced by the gold standard after the 1820s. By the end of the 19th century, with the increase in labor productivity of the silver mining industry, the value of silver continued to decrease, and the price ratio between gold and silver fluctuated significantly, which affected the development of the economy. Except for China, countries successively abandoned the silver standard.

Therefore, it is also considered a matter that conforms to the historical trend of China's abandonment of the silver standard. After all, by this time, no major countries in the world have adopted the silver standard.

However, China has been using silver as a currency for more than a thousand years, and rashly abolishing the silver standard is always a bad move. Moreover, after the cancellation of the silver standard, it is also a difficult problem to what kind of currency form the State and Social Government should adopt. Therefore, controversy over currency has been going on.

It was not until 1925 that this debate came to a conclusion.

First of all, the silver standard must be abolished because the silver standard no longer conforms to the historical trend.

Secondly, the National Socialist Government decided to use the gold nugget standard to make it the future currency form of the National Socialist Government.

The so-called gold nugget standard is also a type of gold standard. The gold standard is a currency system with gold as the basis of currency. Under the gold standard, the value of each unit of currency is equivalent to several weights of gold (i.e., the gold content of the currency). When different countries use the gold standard, the exchange rate between countries is based on the ratio of the gold content of their respective currencies——————————Parity of coin mintpa

The gold standard began to prevail in the mid-19th century. In history, there were three forms of gold standard: gold coin standard, gold nugget standard, and gold exchange standard. Among them, gold coin standard is the most typical form. In a narrow sense, the gold standard refers to this currency system.

Historically, since Britain took the lead in implementing the gold standard in 1816, and before the First World War in 1914, major capitalist countries implemented the gold standard, and it was a typical gold standard————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————

After the outbreak of World War I in 1914, in order to raise huge military expenditures, countries issued undeclared banknotes, prohibiting the free export of gold, and the gold standard ended.

After World War I, in 1924, in 1928, the capitalist world had a relatively stable period, and the production of major capitalist countries had successively returned to the level before the war and developed. All countries attempted to restore the gold standard. However, because the basis for the circulation of gold coins had been weakened, it was impossible to restore the typical gold standard. At that time, except for the United States, most other countries could only implement the gold standard without gold coins. This was the gold nugget standard and the gold exchange standard.

Since the gold nugget standard and the gold exchange standard do not have a series of characteristics of the gold coin standard, they are also called incomplete or incomplete gold standard.

And the gold nugget standard is one of these.

At the World Monetary Conference held in Genoa, Italy in 1922, it was decided to adopt the principle of "save gold" and implement the gold nugget standard and the gold exchange standard. The countries that implement the gold nugget standard mainly include the United Kingdom, France, the United States, etc.

In addition to major countries such as Britain and France, other European countries implement the gold exchange standard.

Under the gold nugget standard system, the unit of currency still stipulates the gold content, but gold is only concentrated in the central bank as reserve for currency issuance. It no longer mints gold coins and implements gold coins circulation. The currency in circulation is completely replaced by value symbols such as bank bonds. Bank bonds can be exchanged with gold content above a certain amount.

Countries that implement the gold exchange standard only stipulate the legal gold content for currencies. The minting and circulation of gold coins are prohibited. Banknote circulation is implemented in China, and paper currency cannot be exchanged with gold, but can only be exchanged for foreign exchange. Foreign exchange can be exchanged abroad. The country's currency maintains a fixed exchange rate with the currency of a country that implements the gold exchange standard or gold standard, and uses foreign exchange assets as reserves for foreign exchange assets in order to sell foreign exchange at any time.

To put it simply, although the gold nugget standard is circulated in paper money, these paper money can be exchanged for gold in the bank.

What about the gold exchange standard system? It is impossible to exchange gold in the bank while the banknotes are circulating.

Simple and clear...

For the gold nugget standard, the National Social Security government once received more than 1,000 tons of gold contributed by Kolchak, so it had a large amount of gold reserves. Although before that, Kolchak used part of more than 1,600 tons of gold to purchase weapons and recruit troops, and in the end, only more than 1,000 tons of gold left for Yan Guang. But don't forget that those weapons were sold by Yan Guang to Kolchak. As for recruiting troops? Although Kolchak had recruited a lot of troops, his white army disappeared after only one year of maintenance and had no time to consume much gold.

Therefore, in the end, the amount of gold that fell into Yan Guang's hands was almost 1,400 tons...

More than 1,400 tons of gold, what does this mean?

To put it simply, the gold reserves of the United States in later generations were only more than 8,000 tons, while China had 1,000 tons, ranking sixth in the world.

Therefore, the more than 1,400 tons of gold in the National Social Security government's vault is definitely too much, but it is no wonder. After all, it was the savings of the Romanov dynasty for hundreds of years, and it was pitiful that they all fell into Yan Guang's hands in the end.

However, it is precisely because of so many gold reserves in hand that Yan Guang did not pursue much in this regard. When the financial situation was in a tight situation a few years ago, Yan Guang considered selling gold in the vault to alleviate the finances. However, within two years, oil fields in the Middle East earned foreign exchange, so naturally, more than 1,000 tons of gold could only be piled up in the vault and became moldy. Yan Guang's adoption of the gold nugget standard also has a certain relationship with this.

The National Socialist Government now has about 1,600 tons of gold, of which more than 1,400 tons were presented by Kolchak. As for the remaining 200 tons, it has gradually accumulated since the establishment of the National Socialist Government in 1913...

Don’t underestimate this more than 600 tons of gold. According to the current price of gold, this more than 600 tons of gold is about equivalent to more than 2.5 billion silver dollars. Although more than 2.5 billion silver dollars are less than one year's fiscal revenue in the country, considering that this is mobile funds...

Therefore, the National Socialist government, which has more than 1,600 tons of gold reserves, is fully capable of adopting the gold nugget standard currency method.

As for whether the gold in the bank will be exchanged maliciously?

According to the gold nugget standard, the amount of banknotes can only be exchanged for gold after reaching a certain amount. In the UK, the minimum amount is 1,700 pounds to be exchanged for 400 ounces of gold, in France, the minimum amount is 21,500 francs to be exchanged for 12 kilograms of gold, and in China, 16,000 silver dollars to be exchanged for 10 kilograms of gold.

Of course, Yan Guang had thought that he would go straight from the silver standard to the "Not-realization standard", which is the RMB and other banknotes in later generations. However, after all, this is still too avant-garde, and the reform of currency also requires a transition.

For example, in another world, the so-called fiat currency reform was initially transformed from the silver standard to the gold exchange standard, but later the Republic of China failed and it was very badly defeated...

——————————

Please give me some advice. The new currency is called silver dollar, or is it called Chinese dollar directly? (To be continued...)

" target="_blank">http://">
Chapter completed!