Chapter 1729: Level Jump
"The establishment of a stock exchange is mainly used for the transaction of financial stocks and treasury bonds. Although it is still operated manually, since we already have the experience of operating Kyushu Bank, it should not be very difficult to operate a stock exchange."
Chu Yun looked around everyone again, trying to confirm with them whether they could really build the first local stock exchange.
“We will do our best to prepare for this.”
People from the Ministry of Revenue do not find it too difficult to establish a stock exchange, because Chu Yun summoned a large number of economists and financiers using the system, and many of them know the trading principles of the earliest stock exchanges.
The stock exchange that Chu Yun knew before was an electronic stock exchange, which did not mean that there was no stock exchange before electronic. The Netherlands, which focused on business in the 17th century, had established the first stock exchange.
The issuance of paper notes is the responsibility of Kyushu Bank and the Monetary Policy Committee, while the Stock Exchange is a new institution that requires the appointment of personnel to be established from existence to none and achieve future supervision.
In addition to proposing a series of modern financial reform measures such as issuing paper money linked to gold and establishing stock exchanges to the Ministry of Revenue, Chu Yun also checked the situation and various expenditures of the treasury during his departure.
After the inspection, Chu Yun felt that there was no problem, so he disbanded the meeting of the Ministry of Revenue.
After the Ministry of Industry, officials from the Ministry of Revenue also complained that they were all assigned additional tasks outside their usual work and began to work overtime.
It is not just the Ministry of Works, the Ministry of Revenue, and the Ministry of Rites that officials work harder than before.
To establish order around the world, we must send ambassadors to various important major powers to report back to local changes in a timely manner. These ambassadors must not only be good at diplomacy, but also be familiar with the local language and culture. More importantly, they must go overseas for errands and sometimes stay overseas.
The Ministry of Justice will rebuild cement prisons instead of traditional civil engineering prisons, while the Ministry of War will increase the collection of civil weapons. The Ministry of Personnel is busy assessing the achievements of various places and has their own worries.
After the meeting of the Ministry of Revenue, Da Yuer waited to return home with Chu Yun.
"It is not easy to make the countries recognize the value of our banknotes and gold. Paper money depends on the credit of the country. If a country's economy collapses, it will cause the banknotes to become a piece of waste paper. They will only like gold and silver coins more." Da Yuer said to Chu Yun in the car back.
"We are in control of important commodities such as spices, tea, chemicals, etc. If Western countries want to buy these important and precious commodities from us, they need to act according to our requirements. When they find that using paper money is more convenient than gold coins, our paper money will probably be very popular. Of course, the premise is that we do not easily send money indiscriminately." Chu Yun said.
"I'm afraid it's hard not to issue paper money indiscriminately," said Da Yu'er.
The indiscriminate is a way to solve the finances. When encountering a financial crisis, it is very likely to solve the crisis by indiscriminately issuing currency, just like drinking poison to quench thirst. After the crisis is over, think about how to treat it.
"Sir, the new muskets and gunpowder that the arsenal has studied have come out."
When Chu Yun and Da Yu'er returned to the military leader's mansion, someone came to report new progress to Chu Yun.
"I'll find time to check in the arsenal tomorrow."
Chu Yun found that after he wanted to accelerate industrial construction, he was very busy and had to urge so many projects to carry out at the same time, making him want to be a ten-use person.
"Will it be too hard to carry out so many projects at once?" Da Yuer said with great distress.
"Everything is hard to start..." Chu Yun said.
"It's difficult in the middle and the ending is also difficult." Da Yu'er said.
“…”
Chu Yun returned to the courtyard. During this period, he had been urging them to carry out new projects between departments, and was very busy. Sometimes people took the initiative to find him and report to him about the progress of the project, such as the improvement of the design plan of Crystal Palace.
At this time, Ella, Xiao Xiu'er and the others were preparing meals, and Ling'er and Xue'er were also helping to set up the dishes and chopsticks.
"Is Ling'er going to prepare to return to school?" Ella asked.
"Um……"
Chu Yun looked at this growing son. Because Ling'er participated in the global voyage, she interrupted a lot of schooling time. She would definitely continue to study after she came back.
Now is in a great period of transformation from the agricultural era to the industrial era. If you don’t study, you may not be able to keep up with the speed of the times.
"Do you want to go to the Army Martial Arts Hall, Navy Martial Arts Hall or an ordinary middle school?" Chu Yun solicited opinions from his son.
Before, Ling'er started participating in the global sailing after graduating from a private school in elementary school, and she was able to take the middle school courses.
Everyone, including her sister Xueer, looked at Ling'er.
"Although the sailing on the sea is very nostalgic, I still want to go to an ordinary middle school and go to the Beijing University in the future." Ling'er replied.
"It's better to go to the Beijing University in the future. Let Sister Liu Rushi teach you the contents of the middle school in advance, and then you can go directly to the fourth grade of middle school." Chu Yun thought for a moment and chose to let Ling'er skip the grade.
"Will it be too difficult for Ling'er?" Ella asked.
"No, this guy is very smart." Chu Yun said.
Ling'er faced her father's strict requirements and couldn't say anything about her suffering.
He followed the fleet around the world at the age of ten. He finally came home and had to skip the grade and study again. He had to work hard to make up for his lessons next.
"Xue'er should go to school, you should listen to your teacher when you go to school, and don't mess around." Chu Yun said to his only daughter again.
He has three sons but only one daughter. Xueer is now the daughter of the military master's mansion.
"I will listen to the class carefully, just like my mother." Xueer said holding the chopsticks.
"Just like your mother?" Chu Yun asked.
"Well, I want to become a female official, too." Xueer said.
"That's really amazing." Chu Yun thought to himself that his children were just a little bitch, and it would probably be very difficult in the future.
"Don't listen to her nonsense. She doesn't know what an official is." Da Yu'er said from the side.
"It's hard to say, who knows what will happen in the future."
Chu Yun really couldn't say what would happen in the future, but he was still focusing on tomorrow's events. Tomorrow he would go to the arsenal to check the invention of new muskets and gunpowder, and new firearms appeared.
The Kyushu Army has been widely used by the Dereser rifle and black gunpowder for more than ten years. Due to system restrictions and the cost of replacing the armaments, the new firearms have been in the laboratory stage.
Now, new firearms are planned to come out of the laboratory and become the next generation of commonly equipped firearms.
Chapter completed!