Reborn Tang Emperor Li Chengqian

Chapter 477 Casting New Money (2)

After some discussions, the size, thickness, weight, and face value of the new money were finally determined.

As for the style of the new money, great changes have also been made.

Everything was ready and only Dongfeng owed it. After the discussion, Li Chengqian completely handed over the task of minting new money to the Ministry of Industry.

The Ministry of Industry is in full swing to start making molds for new coins, and first cast some new coins as samples to see how they are.

"Your Majesty! This is the new coin just minted by the Minting Bureau of the Ministry of Industry. Please take a look at it." As soon as the new coin model was produced, the Minister of the Ministry of Industry immediately brought it to Li Chengqian for viewing.

"Let's take a look." Li Chengqian picked up the coins placed on the table by the Minister of Industry to check.

After negotiation, the weight of the new money was set at [-] grams, with a diameter of [-] centimeters and a thickness of [-] centimeters. The style was still a round coin with a square hole in the middle.

Four characters written on one side - Datang Tongbao.

On one side is the date of issue, and the denomination of the new money, written in regular script.

The new coins minted are based on flat coins, and the corresponding denominations are printed on the coins, such as one penny, two pennies, five pennies, ten pennies and other denominations.

The pattern of the new money is clear, with a strong sense of concave and convex, exquisite craftsmanship, and the pattern on the front and back is in the same direction. Even if there is an error, it is very small and completely negligible.

The edge of the round frame is uniform in thickness and smooth, and it feels good to the touch. When ten new coins are stacked together, they are very smooth.

There are intermittent wire teeth on the outer edge of the new money. There are six wire teeth segments in total, and each wire teeth segment has eight wire teeth with equal pitch.

This is Li Chengqian's creation of new money based on the style of the coins of the later celestial dynasty as a model.

This is to prevent someone from imitating new money and creating new bad money.

"How much of this first batch of new money can your Ministry of Industry produce? How long will it take?" Li Chengqian asked.

"Report to Your Majesty! The first batch of new money can produce millions of new coins with different face values, and it will take about two months." The Minister of the Ministry of Industry said.

"Two months is too long. I will give you one month at most, and I must create tens of millions of new coins with different face values."

"One month later, the new money will be fully distributed to every corner of the Tang Dynasty, and all the old money will be scrapped and recycled." Li Chengqian said.

"Your Majesty! It's just that a coin minting bureau of the Ministry of Industry minted new coins. It took two months to mint millions of new coins, which is already the fastest speed."

"It is really impossible to cast the quantity required by His Majesty within a month. Please give your Majesty a lesson." said the Minister of the Ministry of Industry.

Originally, under the premise of ensuring the quality of the new money, it was the fastest result of day and night to mint a million pieces of new money in two months.

If you want to mint more than [-] million pieces of new coins within a month under the premise of ensuring quality, even if the entire Chang'an City and the surrounding craftsmen are exhausted, they will not be able to complete this arduous task.

This is simply in the hands of others.

"The Ministry of Industry couldn't finish it, so they built a few more coin minting bureaus in other places to complete the minting of new coins together. No matter what, it must be completed within a month."

"One month later, starting from Chang'an, the old money will be abolished, the old money will be prohibited from continuing to circulate in the market, and the new money will be circulated in the market. In the future, no other money will be minted." Li Chengqian said.

Only in this way can the old money be quickly replaced with new money, and the new currency can be prevented from triggering economic conditions and stabilizing the economic market.

"Yes, I understand! I will order people to do it now! It's just that I am worried that if the new money is fully issued and the old money is abolished, what if the people will not accept it?" The minister of the Ministry of Industry saluted.

"Then what do you think should be done? Stop minting new money?" Li Chengqian asked.

"I have absolutely no intention of doing so. I just feel that it is better to issue it in some areas first, try the effect, and then discuss after seeing the situation, or let the new money be used together with the old money, and gradually replace the old money with the new money." Minister of the Ministry of Industry Said.

"If you do this, it will be counterproductive. Not to mention that there is no effect. Those who privately mint coins will become more rampant, and there will only be more bad money in the market."

"Datang's economy will soon be paralyzed, and you should understand the final result without me telling you."

"Therefore, no matter what, the new money must be issued quickly, completely replace the old money, and circulate in the market." Li Chengqian said.

"I understand! It's because I'm worrying too much!" said the minister of the Ministry of Industry.

"In short, after one month, new money will be issued. During this month, your Ministry of Industry will try to mint as much new money as possible," Li Chengqian said.

"No! The minister will resign!" The Minister of the Ministry of Industry saluted and retreated.

After a while, apart from the minting bureaus directly managed by the Ministry of Industry, there were eight more minting bureaus in other places.

All the coin-making workshops started at the same time. Although Li Chengqian still couldn't complete the amount of new money stipulated by Li Chengqian within a month, they still produced nearly [-] pieces of new money.

Centered in Chang'an, the new money began to circulate to the states and counties of the Tang Dynasty, and began to circulate on the market. The imperial court and local governments began to strictly prohibit the people from using the old money.

In the future, Datang will use the new money as currency for trading.

Under the strict control of the imperial court and the local government, the circulation of new money was relatively smooth. Although there were some twists and turns, they were all resolved one by one.

The public also accepts the fact that new money becomes new currency and conducts transactions.

The issuance of new money did not affect the lives of the people.

As for those private minters, they are still hiding in the dark, intending to imitate new money and create the same bad money to disrupt the economic market.

Therefore, the imperial court and the local government did not relax their crackdown on this aspect, but intensified the crackdown on the contrary.

We must not let these criminals have the slightest chance to come out and make trouble.

After issuing new money to stabilize the economic order, the emperor's travel to the south was once again on the agenda.

Li Chengqian decided to go to Jiangnan to inspect the local people's livelihood, economic development and so on.

"Tomorrow I will set off from the waterway and go to Jiangnan to inspect the local people's conditions. You should stay in Chang'an and supervise the country."

"Everything is undecided, you should discuss it with the ministers." Before Li Chengqian set off, he was still a little worried, and he called Li Jue to give him another order before he was relieved.

"Father, don't worry! During the period when the son is in charge of the country, the son will definitely discuss with the minister more." Li Jue said.

"Tomorrow I will go all the way south along the Grand Canal, and I will return to the capital within a year or so at most, and at least three or four months." Li Chengqian said.

"Would you like to issue an official document to let the state capitals in various places in the south of the Yangtze River pick you up?" Li Jue asked.

"No need, shouting and hugging, how can I see the local situation clearly, who knows if something unknown will happen." Li Chengqian said.

Having said that, Li Jue stopped talking too much.

(End of this chapter)