The government was established and the name of the army was decided, and the interim executive committee began to announce other resolutions. The first is to increase the treatment of engineering personnel. Previously, the work points of engineering personnel increased by 15% at a rate, and after that, the work points of engineering personnel would receive 0% subsidy points.

At the same time, a grassroots administrative system of "village-township" is established in rural Tianjin. According to Li Songchen's proposal, a land distribution and tax system will be implemented in rural areas. Village-town administrative officials will be given priority among previous engineering personnel, but they will need to participate in training from the Ministry of Agriculture before taking office. In the future, when traveling through the group, officials will be promoted and appointed. In addition to highly technical positions, priority will be given to the appointment of personnel with grassroots work-level information.

These resolutions were all from Li Songchen's proposal. It turned out that Li Songchen's proposal attracted the high attention of the Interim Executive Committee, which made the five permanent members realize that in the current time-traveling group, a considerable number of people were greatly affected by the time-traveling of the old time and space. They thought that time-traveling was a very easy thing, and they just wanted to sit and enjoy the fruits and seek pleasure, but they were unwilling to work hard and were lazy and reluctant to work, because they were unwilling to work in a difficult environment at the grassroots level.

This phenomenon naturally must be stopped, otherwise it will be greatly detrimental to the development of the entire time travel group. We must vigorously promote the spirit of hard work among the time travelers. However, working hard naturally requires improving the treatment. In addition, most time travelers lack administrative management experience. Therefore, working at the grassroots level can not only cultivate the spirit of hard work and endurance of time travelers, but also accumulate administrative management experience, killing two birds with one stone. Therefore, the experience of working at the grassroots level is very important.

Then the Interim Executive Committee decided to establish a central bank controlled by the Travel Group, establish the Travel Group's own financial system, and issue paper currency.

This is the proposal of the Ministry of Finance, because as a modern sovereign state, it is necessary to have a banking and financial system controlled by its own government and to have the right to issue its own currency.

At this time, the major countries in the world all used paper currency as the main circulating currency, while in China, silver was still used as the main currency and copper coins as the auxiliary currency, that is, commodities, silver was used at the government level, while in private commodity trading, copper coins were used. Although silver coins also appeared in China at this time, it was not popular.

However, the monetary value of Chinese silver is not calculated in the specified amount, but in its own weight. Due to the different contents of different types of silver, there are flat silver, full silver, broken silver, wine lees, etc. in the process of circulation. Even silver objects can be used as currency, which causes great currency chaos. The situation of copper coins is slightly better, but copper coins are only used as auxiliary currency and have relatively high value, so they cannot balance the role of stabilizing the value of currency. In addition, whether it is silver or copper, they are important industrial metals, and as circulating currency, it is obviously a huge waste. Only is issuing paper money is the best decision.

Time travelers are accustomed to using paper money and agree with issuing paper money. However, issuing currencies is paper money, and they are not allowed to be used by printing and issuing paper money to the public. This not only requires national credit as a guarantee, but also requires sufficient metal currency as a guarantee of principal. In this era, the world has entered the era of gold standard, and a few countries still implement the silver standard, or gold and silver standard. Therefore, the banknotes issued by various countries are based on their own gold or silver reserves as their principal.

Fortunately, after the previous battles, the Travel Group now has more than 6 million taels of silver and more than 10,000 taels of gold. It has a certain reserve of metal currency, so the conditions for issuing paper money are initially prepared.

However, the time for the time traveling through the journey group to land was too short, and it is not yet fully guaranteed by the national credit. In addition, the areas controlled by the travel group are limited. Therefore, after the issuance of paper money, only the time travelers are currently circulating and using it. After the capture of Shandong, the use of paper money was gradually promoted in the occupied areas and gradually replaced silver and became a circulating currency.

In addition to establishing a bank, the Interim Executive Committee also decided to establish three management agencies under the Ministry of Finance, the Department of Industry and Commerce, the Department of Taxation, and the Department of Customs. It is responsible for managing commercial operations, customs, commercial taxation, etc. in Tianjin.

Now that Tianjin's military threat has been greatly reduced, we can start to restore Tianjin's economy. Although all Chinese and foreign shops in the Tianjin Concession opened at this time, Tianjin's external circulation has not yet been restored, which is still useless. Over the past period of time, Chinese and foreign merchants have suffered unscathing losses. Over the past year, they saw that this group of overseas Chinese seemed to be okay, not as unreasonable as the Boxer Rebellion and would rebel against foreign countries. So Chinese and foreign merchants kept petitioning the time travelers, hoping to lift the blockade in Tianjin and restore maritime transportation.

For time travelers, they urgently need a stable source of income. Although the rural tax system has been established, agricultural tax is only seasonal and can only be collected until the autumn harvest of the second year. Moreover, Tianjin itself is a region with a developed foreign trade economy and a prosperous business. Therefore, since Tianjin's economy is to be restored, it is natural to collect customs and commercial taxes.

In addition, at this time, all Chinese customs were controlled by foreigners. Of course, foreigners were not completely fine in managing Chinese customs. First, foreign countries had rich experience in modern customs management, which was indeed much better than the Qing court; second, because foreigners had a transcendent status in China, the customs was not affected by the corrupt and bad habits of the Qing court's officialdom, and their efficiency was much higher than other institutions of the Qing court. Therefore, after foreigners managed Chinese customs, they could bring about 0 million taels of silver to the Qing court every year, accounting for about one-third of the Qing court's fiscal revenue, and became an important part of the Qing court's fiscal revenue.

However, the consequences of foreigners managing Chinese customs are also serious, resulting in the inability to set tax rates for Chinese customs, and the tax on foreign goods is extremely low, with an average tariff of only 5%. Moreover, after paying tariffs, foreign goods enter mainland China for circulation, and do not have to pay any other taxes. This not only greatly reduces the government's fiscal revenue, but also causes foreign goods to rush over the Chinese market with a large price advantage, which is not conducive to protecting the development of national industry and commerce. Therefore, time travelers must also re-establish customs and tax rates.

Of course, the higher the tax rate, the better, because most of Tianjin's economy is supported by foreign merchants and enterprises. If the tax rate is set too high, it is easy to cause a large number of foreign assets to be withdrawn from Tianjin, which will be a huge blow to Tianjin's economy. Therefore, what kind of tax rate is reasonable? If you have to grasp this standard well, you still need to study it carefully.

The Interim Executive Committee also requires the Ministry of Finance to not only establish the structure of this department as soon as possible, but also come up with an implementation plan for discussion as soon as possible.

The last resolution is the planned physical industry belonging to the Time Travel Group.

The current Shipping Group cannot be considered a national or government organization in the standard sense, but is more like a combination of half-official and half-businesses. Just like the only physical industrial garment factory established by Shipping Group, it completely adopts a planned supply system rather than a commercial operation model. That is, Shipping Group issues a task plan to the garment factory and distributes necessary funds. The garment factory is only responsible for organizing production and then handing over the products to Shipping Group on time, without considering income and profits. Moreover, there is no commodity transaction except purchasing raw materials, furniture, paying employees' wages, and maintaining operating expenses.

This operating model is not even a planned economy, because there is only planning and no economic behavior at all. Of course, in the current situation of the Time Travel Group, this highly planned operating system is still feasible. First, the garment factory itself serves the Time Travel Group; second, the current production capacity of the garment factory can only supply the demand of the Time Travel Group, and there is no spare time to produce more products for commodity circulation.

However, in the long run, the Time Travel Group not only has a large number of various materials demands, but also needs more physical industries. It is far from enough to have only one garment factory. In addition, it is impossible to always use the planned supply system. At least it also needs to use the planned economic system, and ultimately it will return to the market-oriented business operation model.

The physical industries proposed by various departments are also diverse, and after five Standing Committee members combined opinions from all aspects, they decided to establish the first batch of physical industries, including printing factories, glass factories, wood factories, cement factories, brick factories, iron making factories and ship repair factories. Some of the physical industries with high voices, such as metallurgy factories, steel factories, chemical factories, shipyards, etc., were rejected.

Tianjin lacks sufficient mineral resources and is not suitable for the establishment and development of large-scale heavy industrial projects. Printing factories, glass factories, wood factories, cement factories, brick and tile factories are either producing civilian products or supporting factories for infrastructure construction. In fact, these factories are now available in Tianjin, but firstly, the output is too large, which is not enough to meet the needs of the Time Travel Group; secondly, the products produced by these factories are all materials needed by Tianjin. The technical level is not high, the scale can be large, and the initial investment is not high. It can be put into production first, and then slowly expand, which is very suitable for the current Time Travel Group situation.

Ironmaking plants have a high technical content in these industries, but the main function of ironmaking plants is to manufacture daily iron products, such as iron pots, shovels, kitchen knives, scissors, and various agricultural products. The requirements for resources are higher, because manufacturing these items requires a large amount of iron.
Chapter completed!