Zhang Yuming also said: "I understand that the government forces me, but how can I rely on policies to guide the public to use paper money? Is it possible to provide discounts for shopping with paper money?"

Jia Zhenzhao laughed and said, "Of course this is not possible. First, it disrupts the market price, and secondly, we cannot force other companies to collect banknotes for discounts."

Zhang Yuming said: "So, what should the whole system do, and has the Finance Department considered it?"

Jia Zhenzhao said: "Of course I have considered it. I just said that Guanjian of currency is to buy things in the market. If you can't buy things, let alone use silver or gold as currency. Although we cannot provide the Tianjin market with enough quantity and variety, basic daily necessities, such as grain, salt, cloth, etc., can still be provided. Therefore, we can stipulate that these commodities must be purchased with paper money, and banknotes must be exchanged for silver dollars and silver. As long as the people can ensure that the exchanged paper money can be purchased with grain, there will be no problem. At the same time, we can also use this to recycle paper money to form the circulation of paper money. In addition, the products produced by our factories can also be purchased with paper money, and government taxes can be delivered with paper money. Such policy guidance can establish the credit of paper money."

Zhang Yuming said again: "The elders' wages are all paper money, so will the soldiers of the People's Army and the employees of our factory also pay paper money?"

Jia Zhenzhao shook his head and said, "It's not yet. The soldiers of the People's Army. The employees of our factory are our basis for our rule. They must not be confused. Therefore, before the credit of the banknotes is established, their salary will still be in silver dollars."

Zhang Yuming said: "Is this a bit unreasonable? Since we want to establish the credit of paper money, can we let those who depend on us use paper money play a demonstration role? Because it is the People's Army, we should have enough loyalty to us. If the People's Army does not even have such a little trust in our regime, can we still expect it?"

Jia Zhenzhao said: "Trust is two-sided. It is precisely because the People's Army has sufficient loyalty to our regime that we should work hard and carefully consolidate it. Strengthen this loyalty and cannot be destroyed at will. Otherwise, all our previous efforts will be wasted. Therefore, before the credit of the banknotes is established, it is not advisable to pay them with paper money. But this does not mean that the banknote shops are not promoted among the People's Army and the workers. They also exchange paper money to buy food, salt, cloth and other goods. In addition, the soldiers of the People's Army make three meals, and the factories basically make lunch, and some factories also make dinner, which gives me again.

We can promote banknotes among them. In the future, we can give them banknotes in the form of dining coupons, let them use banknotes to buy food in the canteen, and even price various dishes, allowing soldiers and employees to combine them to buy them. The saved banknotes can be kept by themselves and used to buy other goods. In short, as long as we can provide goods, we can use banknotes as much as possible. This will not only promote the circulation of banknotes, but also allow soldiers and workers to build confidence in banknotes. In this way, after a few months, they will become accustomed to using banknotes, which is much better than forcing them to pay them with banknotes."

Zhang Yuming nodded and said, "I understand, thank you Minister Jia for your explanation."

This Ming Gu Ruipeng said again: "Now there are many foreign banks in Tianjin. After our banks are established, we will definitely compete with them. Our bank reserves are only 50,000 taels of silver. Even if the silver coins and paper currency are sold, the value will double to 10,000 yuan, but the financial strength is obviously insufficient compared to foreign banks. Has the Ministry of Finance considered the competition of foreign banks?"

Jia Zhenzhao nodded and said, "This question is very good. Tianjin does have many foreign banks, many of which are powerful. I also say that if our banks compete with these foreign banks at the same level, it will definitely be difficult to compete with these banks. After all, our starting point is not as good as these foreign banks, but we also have our advantages. First, we are the central bank and have currency exercise, which is incomparable to any foreign bank; second, policy support, which is back to what I just said, a government must support its own key enterprises, and policy support is divided into two aspects: using laws and tax rates to limit the other party's development, and also to attract business for its own key enterprises. We can do both aspects, such as all our veterans can only store money in our banks, our enterprises, factories can only open accounts in our banks, etc. Only in this way can we defeat these foreign banks."

After Jia Zhenzhao answered Gu Ruipeng’s question, he said: “The contents of this financial work report are all over. Do you have any questions to ask?”

After a while, seeing that no one asked another question, Jia Zhenzhao turned to the rostrum and said, "Dear Executives, the work report of our Ministry of Finance and the next stage of financial work arrangements and suggestions are over. Voting can be conducted."

Xia Bohai nodded and said, "If everyone has no problems, they can vote."

There are now 18 departments in the Time Travel Group, plus five permanent executive members, a total of 23 people. Wang Yunpeng is not here, so there are only 22 people. After a vote, the Ministry of Finance passed the work report with an absolute majority of votes of 15 votes, 3 abstentions, and 4 votes against, and also recognized their arrangements for the next stage of financial work.

The three people from the Ministry of Finance were also very happy. Not only because the proposal of this department was approved, but in this way, the scope of the Ministry of Finance's power will be greatly expanded. Who doesn't like the expansion of their power? Honestly, the Ministry of Finance has complained a lot during this period, saying that the Ministry of Finance is like an ATM. From the Executive Committee and the Ministry of Enterprises and Chemical Corporation to approve documents, you can go to the Ministry of Finance to withdraw money. The Ministry of Finance can't say anything but a word, and no one can ignore the Ministry of Finance. Now that we have a fiscal budget, it is not so easy to get money from the Ministry of Finance. In the future, that department dares not look at the face of the Ministry of Finance.

At this time, Xia Bohai said: "The report and suggestions of the Ministry of Finance just now are very pertinent. It can be seen that the comrades of the Ministry of Finance have put in their hearts and have also put forward good suggestions for our exhibition. Here we express our gratitude to the comrades of the Ministry of Finance. Everyone knows that this year is an extra year, and we can only be regarded as a provisional government now. A new leadership team will be officially formed in a year, but this does not mean that this year is not important. On the contrary, if everyone wants to have a place in the new leadership team in a year, the performance of this year is the key. Therefore, in this year, everyone must not only do the work at hand, but also accumulate administrative management experience and be good at summarizing and thinking. This is the attitude of work."

After a pause, Xia Bohai said: "The report of the financial department has been approved, but I still have a few points to emphasize. First, among the various suggestions of the financial department, some suggestions need to be further deepened, such as places where the government needs to support, but what kind of support is needed, and what are the pros and cons. I hope it can be explained in more detail, and then everyone will discuss it. Second, the implementation of these construction measures should be placed after the Beijing Battle. Everyone knows that the Beijing Battle is the current focus. Before the Beijing Battle, we must try our best to maintain the stability of Tianjin. Although the current system has many problems, it can still be maintained for a while; Third, our current fiscal situation is not optimistic, and we need to explore the source of income, because of those projects with small investment but fast returns. This requires everyone to brainstorm and discuss. Everyone thinks of ways. Whoever has a good idea can be put forward to discuss. What I want to say is, do you have anything to say?"

At this time, Qin Zheng said: "I have a suggestion about developing sources of income. Beijing itself is a huge treasure mine. We occupied Tianjin and obtained more than 60,000 taels of cash and currencies of various countries worth more than 10,000 taels of silver. Even Tianjin is like this, and Beijing is the capital of the Qing court, which is far from comparable to Tianjin. According to historical records, after the Eight-Nation Alliance invaded Beijing, it plundered a total of about 80 million taels of silver. This is not counting cultural relics and artworks. Such rich resources are waiting for us in front."

After Qin Zheng finished speaking, a series of discussion suddenly sounded in the conference room, but the voice of discussion was obviously much more excited. What is the concept of 80 million taels of silver? If the time traveler really harvested 80 million taels of silver, then all the financial difficulties can be solved easily. Do whatever he wants?

Jia Zhenzhao was a little disbelief and said, "Is there really such money?"

Qin Zheng said: "It is impossible to count how much wealth the Eight-Nation Alliance plundered in China, but this number must be quite large, far greater than that in Tianjin. According to the records of [Qing Bai Leisha], before the Sino-Japanese War of 150,000 pounds, Empress Dowager Cixi had a "private saving" of about 1.50,000 pounds. During the Gengjie Kingdom Reform, Empress Dowager Cixi fled from Beijing. Most of these "private savings" were buried underground in the Forbidden City. After the signing of the [Xin Chou Treaty], Empress Dowager Cixi returned to Beijing and found that part of the money she had been stolen. , but the remaining value is nearly 90,000 pounds. In this era, the exchange rate between pound and silver was 1:6.1, and 90,000 pounds was equivalent to about 540,000 silver. Of course, a large part of it should be antiques and jade, which is likely to include the famous jade watermelon. In addition to the palace, there are also a large number of royal palaces, officials, ministers' residences and wealthy merchants in Beijing. Each place has a large amount of money and goods, and they have been plundered by the Eight-Nation Alliance. In this way, it must be a very huge number."
Chapter completed!