The issue of printing avatars on banknotes has caused another dispute.

Wang Chenhao hoped to print his avatar on money and coins, but he felt that he was just a minister of the navy and army now and did not have that influence. If he printed his avatar on him, he would be worried that it would cause dissatisfaction in the court and leave a pretext for the court to attack him.

However, with the persuasion of Wang Shizhen, Ruan Zhongshu and others, the new currency was only in Zhili, so it was not worthy of the court. Moreover, the Beiyang currency bureau currently has paper money with Li Hongzhang's avatar, and among the currencies of various provinces, the credit is the best. The court did not ask about the Beiyang Treasure Coupons with Li Hongzhang's avatar, so Wang Shizhen and others believed that there should be no problem with changing to Wang Chenhao's avatar.

In fact, the Beiyang Treasure Coupon with Li Hongzhang's avatar is just a banknote that replaces mace money circulation, and its influence is limited. However, the dragon coins that Wang Chenhao wants to sell are banknotes based on the gold standard. They can be directly exchanged for gold and can be directly exchanged with the British lists, US dollars, francs, etc. of the great power countries. The influence is far greater than that of the Beiyang Treasure Coupon.

Beiyang Treasure Coupons represent mace coins, and the "make money" written on the banknote is a square-hole round coins of mace. The name of money was first appeared in the Ming Dynasty. There were not many coins in the Ming Dynasty, and the old coins from the Tang and Song dynasties were allowed to circulate at the same time as the coins in the dynasty, so the money in the dynasty was called money. The Qing Dynasty continued this title. The billboard specifically stated that "fo" was related to the use habits of coins in circulation.

〖China〗 Although every 1,000 mace coins in ancient China were called Yishen, or a string, when they were actually used, people often would not count them one or two pieces of money each.

Therefore, since ancient times, there has been a habit of using insufficient coins, called "Sacrificial Mo". The Song Dynasty formally stipulated that each memorial can be used as a coin, while the Jin Dynasty had 800 memorial. The Ming and Qing governments did not have formal regulations, but the case of insufficient coins still exists, and in different regions, different commercial scopes and occasions, the habit of insufficient coins is also different.

As a banknote, it must be officially declared that the banknote represents a sufficient amount of money to be circulated in different regions and occasions. The dragon coins that Wang Chenhao wanted to reform were currency with full credit and had to be recognized by the great powers, so the situation was different.

But Wang Chenhao didn't think so far, and agreed with the persuasion of his subordinates.

Then, under the guidance of American currency expert Jingqi, Song Hanzhang and others set up a well to make a sample pattern and submitted it to Wang Chenhao for review.

Seeing that these patterns are representative, they are complex and difficult to imitate and easy to identify with the surnames, so Wang Chenhao nodded in agreement.

The pattern on the front of the dragon coins was finally set on the 24th was a variety of divine beasts and auspicious beasts. There were the pictures of the green dragons coming from the world, the picture of the white tiger crossing the ravine, the picture of the phoenix flying nine heavens, the picture of the divine turtle going out to the sea, the picture of the Qilin sending auspicious picture, etc. On the back was a portrait of Wang Chenhao's half-body Navy and Army Grand Marshal's uniform. There were more than 30 auxiliary patterns. These patterns combined with the theme patterns increased the complexity of the banknote several times, but they were not lost and exquisite. In particular, the use of professional dyeing pigments, coupled with exquisite painting techniques, makes various patterns come to life and have a strong artistic appreciation value.

Dragon coins are divided into 100 yuan, 50 yuan, 20 yuan, 10 yuan, 5 yuan, 1 yuan, 5 cents, 2 cents, 1

The corners are 5 points, 2 points and 1 point.

After the design of the dragon coin pattern, Zhang Jia* and others immediately entered the intense plate making process. The plate making process played a very important role in the anti-counterfeiting of banknotes. An important part of the anti-counterfeiting in banknote printing technology is plate making. The plate making of banknotes can be basically divided into two types: hand-carving and machine-carving. The plate making of banknotes is for the main pictures, patterns, huā ornaments, lines, texts, etc. in the design manuscript. The main pictures, such as the characters and scenery on the banknotes, are hand-carved into the original mold, and the words, lines, geometric patterns, etc. are carved into the master plate by machine through photography. After the original horizontal and master plate are proofed, they are reviewed by the government and then handed over to the mint to make the entire printing plate.

The plate making process is extremely strict. All participants sign confidentiality agreements and are subject to regular reviews of their individuals, wives, relatives and friends to ensure that there is no leak.

The sample is made in this case and then secretly sent to the mint for printing.

This involves the collective conditioning of printing plates, paper, ink, printing press, etc. Paper money is printed through a special printing machine. Both materials, banknotes and ink, are specially made by the state's confidentiality, and the Muniang strengthens the anti-counterfeiting function of paper money.

The size, length, width and thickness of the dragon coins are different from the existing paper ratio sizes in countries around the world. Therefore, the mint bought 500 sets of printing machines from abroad at a high price, and then secretly transformed them into the relevant printing size of the dragon coins.

When it comes to anti-counterfeiting, that is one of Wang Chenhao’s most concerned about.

The manufacturing of banknotes cannot be done in a simple process. In a banknote printing factory, multiple processes need to be gone through, such as watermarks, colored fibers, complementary patterns, and braille dots. The printed banknotes are a whole large sheet, and finally they are cut, counted, and tied.

Finally, these printed banknotes will be transferred and the last step is to print the serial number of the coupon. After stamping, the central bank will release it to major commercial banks, so that it will be circulated in society.

Paper has always been one of the traditional anti-counterfeiting methods of paper money. It is still rare to use counterfeit coins with the same paper as RMB. It can be seen that paper is a powerful means of anti-counterfeiting. However, counterfeit currency groups with high-tech means can also create paper that is difficult to distinguish between ordinary old names. Furthermore, the older the paper money, the harder it is to distinguish.

Moreover, many people's identification of counterfeit currency is limited to whether to alarm after the ultraviolet rays of the banknote detector. In fact, those who know chemistry understand that the alarm of the banknote detector only produces a fluorescent effect, and the fluorescent effect is only because the fluorescent whitening agent is added during paper making. It can be seen that it is not difficult to create paper that can resist ultraviolet rays.

However, that was a century later, and for Wang Chenhao at this time, those were issues that he didn't have to worry about.

At this time, the whole world can distinguish the authenticity of the banknotes, in addition to looking at the workmanship of the pattern, 70% of the paper texture is the texture of the paper. The genuine banknotes are dense, wear-resistant, strong ink, and firm. The paper of the dragon coins is made of specially made linen and cotton paper, and are superimposed from 25 layers of paper. Then, a thousand-ton compressor is imported from foreign countries and stamped 13 times at a time, compressing the 25 layers of paper to 1.5 layers thick. In this way, the dragon coins become quite strong, wear-resistant and bubble-resistant. The dragon coins patterns on them penetrate deep into the 25 layers to form a three-dimensional feeling, and you can feel it by hand.

Even if counterfeit banknotes can be imitated, it is difficult to get paper made from banknotes. I don’t know the number of compressed layers of the dragon coins, and the thickness of the counterfeit banknotes cannot be achieved. Moreover, counterfeit banknotes are printed in large quantities, and the patterns of the printing press are drawn, not stamped out by a thousand-ton stamping machine. Therefore, 90% of counterfeit banknotes can be mopped directly by hand.

This process was later called gravure printing. It refers to the protruding parts of the printing plate. The ink of the printed pictures and texts is also protruding, and the lines of the pictures and texts are clear and the layers are clear, so you can feel it at the touch of your hand.

This printing technology not only protects paper, but also has anti-counterfeiting ability. Gravure printing is one of the ancient and complex printing technologies, and it is difficult to imitate. In the 21st century, most counterfeit banknotes were generally scanned by computers, and the feel can be distinguished. A powerful counterfeit banknote group uses photogravure printing, but it still cannot imitate the depth of the pit, that is, the thickness and light level of the printed product. This is why securities must be printed with gravure. Of course, like paper anti-counterfeiting, the older the paper money, the harder it is to distinguish between authenticity.

Watermark is the second anti-counterfeiting item of Dragon Coin. Once upon a time, watermarks were almost one of the most important tools to identify banknotes. But after the 21st century, watermark papers have become popular and it has become difficult to identify.

However, in Wang Chenhao's era, the manufacturing of watermark paper was still a complex and vast papermaking process. Its production process was integrated with complex processes such as design, mold carving, net making, and paper making, which was not something that ordinary papermaking companies could complete.

The watermark pattern of the dragon coin is sandwiched on the left side of the banknote, and is Wang Chenhao's watermark pattern avatar. It can completely overlap with the portrait of Wang Chenhao on the back against the sunlight, becoming the unique portrait watermark overlapping anti-counterfeiting technology of the dragon coin. At this time, the watermark pattern of the British and US dollars and other banknotes only stays on the font and simple patterns.

This has increased the manufacturing cost of dragon coins, but the advantage is that it has strong anti-counterfeiting capabilities. It is also quite troublesome and trouble to imitate dragon coins in the great power government. The labor cost abroad is high. Even if one day becomes an enemy, it will be difficult for the great power government to make profits in counterfeit money.

The finishing process is that after the banknote is printed, it has to go through a series of work to ensure that it is correct before it can be circulated. The operations at this stage mainly include: checking for missing and filling in numbers, printing numbers, cutting, reprinting of numbers, replacement of bad tickets, counting of quantity, packaging and storage, etc.

In general, the printing process of the dragon coins is basically carried out according to the following process: design banknote drawings, ten production, ten production, printing plate, offset printing leaf, concave and relief printing number, ten inspection, large sheet, ten cut into single sheet, ten inspection, ten statistical quantity, ten packaging, ten packaging, ten entering warehouse, etc.

In addition to printing paper money, the mint also made auxiliary coins below 1 yuan, minting 1 yuan dragon coins with enough silver, and the coins below were minted according to the exchange rules equivalent.

The coins of equivalent value are minted because Wang Chenhao is preparing to implement the gold standard in Zhili area. The basic premise of the gold standard is that seigniorage cannot be withdrawn, and the complete equivalent value of currency and gold must be guaranteed.

Therefore, all problems such as "coin cutting edges" and "silver fire consumption and other disguised seigniorage taxes" and other disguised seigniorage taxes were prohibited from being eliminated from the previous provinces of the Qing Dynasty. The mints were implemented under the direct supervision of the parliament, and violators would be dealt with seriously.

On August 1, the Beiyang Mint officially began printing paper money and minting coins. The production line can print and mint a total value of 500,000 dragon coins every day. After the banknotes are printed, they are escorted by the army to the Tianjin Branch of the Bank of America. The Bank of America will print the "Zhili Dragon Coin" logo and bank serial number for bank statistics identification marks. Then, the Bank of America will put the 500,000 dragon coins into the bank exchange vault and wait for the bank, and then deposit the corresponding gold worth 500,000 dragon coins into the central treasury as the basis for the reciprocal dragon coins, and also prepare in advance for the implementation of the gold standard.

After the dragon coins were confirmed, Wang Chenhao stipulated the actual value of the dragon coins in the Zhili area in the name of Li Hongzhang in the form of law. 1 dragon coins contain 1.50463 grams of gold, which is the same as the gold content of the US dollar, that is, 1 dragon coins can be exchanged for 1 US dollar, or the equivalent value can be exchanged for 1.50463 grams of gold.

The dragon coins can only be printed and minted by the Beiyang Mint designated by Wang Chenhao. Only the Tianjin Branch of the Bank of America is allowed to number the dragon coins in Zhili, and the right to carry out the dragon coins.

Subsequently, Wang Chenhao signed the Zhili Governor's Order on behalf of Li Hongzhang, banning all the banknotes of various countries and the gold and silver hard currency of various countries in Zhili, and ordered the Bank of America to exchange the banknotes and hard currency of various countries into dragon coins within a specified period of time, and then required all the banknotes and hard currency of various countries to be settled in the Zhili territory.

Of course, Li Hongzhang was not completely uninterfering with Wang Chenhao's actions. If he had to stop using the Beiyang Treasure Coins, he had to stop using the Beiyang Treasure Coins, which cut off Li Hongzhang's wealth path. Therefore, Wang Chenhao had to bleed and reclaim all the Beiyang Treasure Coins circulated across the country for Li Hongzhang. Since the Qing Dynasty's banknotes were often artificially increased in volume and became one of the means of making money, the Beiyang Treasure Coins' face value was actually only one-third of the actual value of the mace money because of the triple extra money. In other words, Li Hongzhang accumulated a lot of wealth by increasing the banknotes, and Wang Chenhao had to pay for Li Hongzhang to get Li Hongzhang nod and support. For this reason, Wang Chenhao gave Li Hongzhang 20,000 US dollars for free.

Twenty thousand US dollars is an astronomical figure for Li Hongzhang, so he blocked Li Hongzhang's mouth and stopped him from paying attention to Wang Chenhao's affairs. He even handed over all the affairs of Zhili to Wang Chenhao for handling. But 20,000 US dollars is just a drop in the bucket for Wang Chenhao. Wang Chenhao did not suffer any losses, but could make more money.

After the Zhili general currency Dragon Coin is confirmed, the remaining two major issues are the gold reserves and dragon coins reserves required for comprehensive promotion.

On this issue, American financial expert Jingchess is an expert.

Regarding the issue of gold reserves, Jingqi believes that gold reserves are at most equivalent to 30% of Wanjun's total new rate, and after the new system stabilizes, it will be 10%-50%.

In history, in 1897, the total GDP of individual countries was approximately the Mexican Eagle Ocean to USD. However, that was the data when the Sino-Japanese War of 1894-1895 was defeated and the land was cedeed.

The appearance of Wang Chenhao changed the result, the total gop volume was second only to the total GDP of the United States 15.

Among the total GDP of US$230 million, the number of GDP increased by US$230 million has basically not changed in other provinces in China, mainly due to the growth of the Beijing-Tianjin-Tang Industrial Base in Zhili area under Wang Chenhao.

According to the calculation of Jingchess, the total economic output of the country is about 1.2 billion yuan (pieces) of dragon coins printed and minted.

Dragon coins are a long-term goal for Wang Chenhao. At present, he only needs to travel in Zhili. The total economic volume of Zhili Province accounts for more than half of the country, but the population is only 33 million. It is circulated at a ratio of about 5 yuan per person. The total amount of gold reserves in the early stage is only 5,500.

Ten thousand yuan is enough.

Originally, Jingqi was worried that Wang Chenhao would not be able to come up with so much money. He had not yet planned the plan for preparing reserve funds, and could use the minting profit, donation, foreign debt, etc. to achieve it. Especially for the allocation of foreign debt, appropriate mortgages are needed. The mortgage may come from the following aspects: the increase in tariff revenue, the monopoly rights of opium, wine, etc., the increase in land taxes, mining rights, railways, various new taxes established by the Ministry of Revenue, etc.

However, to Jingqi's surprise, Wang Chenhao refused his kindness, and all the funds were directly provided by Bank of America, and Wang Chenhao directly used 60 million yuan of gold reserves, and even more than 50,000 yuan was added as an emergency need.

After being indirectly attacked, Jingqi realized that the boss behind Bank of America was actually Wang Chenhao. She couldn't help but look at Wang Chenhao in surprise, feeling that the Chinese in front of him was too powerful, much stronger than he imagined.

Wang Chenhao's dragon coins were very smooth in the Zhili realm. First of all, Wang Chenhao was well prepared and had a strong American bank to provide a stable money supply. Dragon coins can be exchanged for gold through American banks at any time. This credit makes people from all walks of life in the Zhili realm very satisfied, especially merchants. What they are most worried about is various forms of "money loss", and "silver loss" will bring huge risks to them in business. The value of the dragon coins is stable and directly linked to gold, which makes merchants invisibly remove a huge trade risk and are naturally sought after.

Secondly, the presentation of the dragon coins is based on the credit of the Zhili Governor's Office, and Wang Chenhao's personal charm plays an extremely huge role. As the country's pillar, Wang Chenhao's image as a hero in the mind of the old surname, he has a great influence in the folk, especially in the Zhili realm. The old surname feels extremely safe and trustworthy under the rule of Wang Chenhao. When they see the person's avatar on the dragon coins is Wang Chenhao, that invisible sense of trust arises, which makes the dragon coins circulate quickly in the surname, and even when it comes to the situation of being proud of holding the dragon coins. Most surnames only hear Wang Chenhao's name, but they have no chance to see the real person. The photos of Wang Chenhao in the newspaper are black and white. Now the bust of Wang Chenhao on the dragon coins is colorful. Many old surnames exchanged dragon coins for the original intention of seeing the true appearance of Wang Chenhao in their minds.
Chapter completed!