Lin Gao Qiming

Chapter 207 Circulation

The first set of currency that crossed the regime was determined in this way.At the same time as the currency is issued, all other tickets are voided.Workpoint vouchers widely used in the commune are recycled in proportion to the amount of grain they exchange for.

"Should we set up a bank to take care of this?"

"Of course." Cheng Dong said, "But it won't appear as a bank or a bank for the time being."

The institutional vision of the Fiscal and Financial Committee is to set up a grain bank, which will be responsible for issuing, recycling and exchanging currency.Since grain is used as collateral for currency issuance, the grain bank can make ordinary people understand better than the bank, and it also puts on itself a layer of "merchant self-raised money" disguise.

This grain store was named "Delong Grain Line" at the suggestion of Wen Desi.The head office of Grain Bank is located in Dongmen City.In order to give the common people a sense of credit as a big business and a big shop, the Executive Committee approved the construction of a two-story building as the business location.

The new version of banknotes was printed by the printing factory of the Ministry of Culture and Propaganda under Zhou Dongtian's charge.Because this is the first set of banknotes for traversers, it cannot be printed with simple patterns like work point coupons, rice coupons, and salt coupons in the past.Not only must it be beautiful and durable, but also have certain anti-counterfeiting measures.

Zhou Dongtian invited Bai Duolu and Tan Ming to study this issue together. Two of them have been engaged in printing, and the other has operated a three-color printing machine. They are both professionals. Be more sophisticated.

Of course, there is no way to find special banknote printing paper. The small paper workshop of the traveler can only produce raw paper at the moment-it is made of local straw, and the texture is rough and can only be used as toilet paper.Writing paper produced in small quantities also does not meet the banknote requirements.Cheng Dong said that there are some heavy colored cardboards in the inventory, the texture is stiff, no matter the paper quality or color, it cannot be imitated by the paper workshop in this time and space.Lingao Grain Circulation Coupons come in 3 different denominations, namely 10 yuan, 5 yuan and 1 yuan.Among them, 10 yuan uses yellow paper, 5 yuan uses red paper, and 1 yuan uses green paper.Separately issued tokens: 50 cents, 20 cents, 5 cents and 1 cent.They are all blue paper, with size as the difference.

The pattern of the banknotes is mainly based on agricultural themes, including cattle, farmers, wheat ears and rice fields. Dong's signature one.There is also a line of regular script on the back of the banknote: "Every yuan is exchanged for one catty of rice."

These patterns were all printed by Bai Duolu with lithography—although Zhou Dongtian wanted to use the four-color printing machine in the printing factory at first, but the printing machine's ink was running out, and it would not be necessary to replenish it after using it for a while. .Seeing the sample tickets that came out, several people thought it was too ugly-the pattern really didn't have a three-dimensional effect at all.

"That's it." Cheng Dong looked at the banknotes sent and knew that the printing factory was only at this level: it was obviously impossible for them to print the same things as modern banknotes.The banknotes in front of me are already impossible for the locals to imitate.

The largest user of circulating coupons is Wu De.The monthly work points settlement is a big expense.According to Wu De's vision, Bairen Commune will completely abolish the supply system and implement a monetized wage system. Each member will be paid by settlement vouchers according to the work points they get for their work.The food supply in the commune cafeteria was also changed to be purchased by members with circulation coupons.

Those migrant workers who belong to the labor team and do not have the household registration of the Bairen Commune will continue to be provided with free food according to the labor intensity standard, but their wages will also be paid with circulation coupons-in fact, since not long ago, the traversers have used rice tickets and salt Tickets to pay these people, they also accepted.

The so-called "employees" recruited by the enterprises and departments of the traversers also belong to the Bairen Commune in terms of household registration, but their wages are paid by various departments and have nothing to do with the commune.The meals of these people are also paid for by themselves as ordinary commune members.

Finally, there is the army. The army has always used silver to pay their salaries in the past. The officers opposed the rash use of banknotes to replace silver-this would give soldiers a sense of deprivation. Happy.

Therefore, it was decided that the basic treatment of the army would remain unchanged, that meals would be provided free of charge, and that military salaries would continue to be paid in silver.

In order to stimulate soldiers to use banknotes, Cheng Dong suggested implementing a policy of "preferential treatment for soldiers" in shops owned by traversers in Dongmen City.All military personnel can enjoy a [-]% discount on shopping with circulation coupons.In order to make it easier for them to enjoy this preferential treatment, the grain bank specially opened an exchange office in the military camp to receive the silver in their hands-this policy can only be enjoyed by new soldiers.

"Let's just open an office in the camp." Xi Yazhou said to Cheng Dong, "The soldiers have been taking money for the past two months, and they have been going to Tibet. Recently, things have been lost and stolen. All the soldiers You are alone, and there is no place to save money, you start a deposit business, and they are willing to save without interest."

Soon, offices of "Delong Grain Bank" were set up in Bairen Camp and Bopu Camp. The so-called office was just an office room in the camp with a wooden counter inside.Keep some paper and pen ledgers and the like.Of course, the Finance and Finance Committee does not have so many people to open the door to serve the army every day, so the regulation is to open the door every Monday and the day of payment.The businesses handled include the exchange of silver and negotiable notes, savings, and valuables storage.However, the so-called savings business currently carried out does not pay any interest, and the savings business of Delong Grain Bank is more like a coin deposit service.

After the service was launched, it was really welcomed by the soldiers, but not many people came to exchange the circulation coupons.After receiving the military pay, most people hurriedly deposited it in Delong's office, and exchanged it for a passbook for personal storage.Only those soldiers whose families are in the local area will exchange some circulation coupons to buy goods to take back when they are on vacation.

After the first batch of circulation coupons were issued, there was no violent reaction in the market.After all, the people who have been doing business in Dongmen City in the past few months have become accustomed to the time traveler's tickets. Although the types of tickets are different, they know one thing, that is, every kind of ticket for short-haired people, All of them can actually be exchanged for things, and it is never ambiguous to say how much is exchanged.Dongmen Chuiyu also posted many notices in Dongmen City, asking merchants to accept circulation coupons, and at the same time ensuring that merchants can come to Delong Grain Bank to exchange circulation coupons for grain at any time.

In order to create the credit momentum of negotiable notes.Every evening before the market closes, Dongmen Chuuyu and Delong's people push a cart full of rice and collect negotiable notes one by one.In the first few days, almost every family will exchange the circulation coupons they received.But half a month later, few people have done so.After the merchants and peddlers got the circulation coupons, it was inconvenient for them to carry food on the road, so they chose to consume the circulation coupons directly in Dongmen City: to buy various goods in the market.Although the merchants initially exchanged the circulation coupons for food or purchased other commodities out of prudence and kept them for storage, but over time, when the merchants found that Delong Grain Bank was still open to exchange circulation coupons anytime and anywhere, many people began to partially save them. The currency notes are in hand—after all, banknotes are much more convenient to carry and use than heavy copper coins and silver.Messy copper coins, chaotic colors, and silver that often needs to be weighed have long caused merchants to complain.

However, the circulation range of circulation notes is still basically within the control area of ​​the traverser, and even the county stores that are close by are not very open, and shopkeepers generally hold a wait-and-see attitude towards this kind of banknotes.

However, Cheng Dong thinks this is a normal situation. The value of banknotes is largely supported by the government's credit.Most banknotes in modern time and space are issued without collateral-in this regard, they are worse than Lingao circulation notes that use grain as collateral.No matter where the influence of the traversers reaches, the value of circulation coupons can be recognized.People outside the ruled area will naturally not recognize the traversers unless they have enough political and economic influence.

The last thing to straighten out is the traverser's own currency: the unit of benefit distribution that the traverser enjoys as stipulated in the traverse agreement - coupons.

Although in the process of setting up women's cooperative enterprises, coupons entered circulation as a kind of capital and had consumption activities, but it is still a virtual currency.Travelers consume in the welfare agency, and pay for coupons using a signature-payment method, with the date and amount of consumption on the receipt.This signature form is manually deducted points from the personal account on the computer by the accountant of the financial department on the day of financial settlement.Not to mention the cumbersome procedures, it is also easy to make mistakes.

Now Cheng Dong suggests: to materialize the issuance of some coupons, and no longer just as an accounting currency on the computer.The salaries of the traversers, the allowances and bonuses for engaging in dangerous occupations can all be paid with physical coupons.Coupons can only be used to purchase special goods and services, and are not allowed to be circulated externally.The places where coupons can be used are currently limited to the Traveler Canteen, the Women's Cooperative and the Nanhai Demonstration Farm.Point coupons do not have a horizontal relationship with any currency, and there is no exchange rate.Uniformly paid and recovered by the Financial and Financial Commission.

Some people suggested that since the vouchers have been materialized, the supply system can be canceled among the traversers and the salary system can be adopted.However, after discussion, the executive committee decided to continue to maintain the system of supplying all traversers.The Executive Committee continued to provide free housing, medicine, food, basic weapons, ammunition and clothing to all traversers.However, travelers are allowed to use point coupons to purchase additional consumer goods from the above three designated units, including alcohol, tobacco and other non-essential consumer goods.If the supply in the cafeteria is sufficient, you can also buy more chicken, duck and fish from the cafeteria to enjoy.

Coupons are the only currency that travelers can legally hold. Except for the need to issue public funds for missions, travelers are not allowed to own Lingao circulation coupons and gold and silver.

(End of this chapter)