This was how the first set of currencies that crossed the regime was established. [No pop-up novel website] While the currency is being processed, all other tickets will be invalidated. Work-point coupons widely used in communes are recycled in proportion to the exchange for grain.
"Should we set up a bank to take care of this?"
"Of course." Cheng Dong said, "But it won't appear in the name of a bank or a bank for the time being."
The institutional vision of the Finance and Finance Committee was to establish a grain bank, which would be responsible for banking, recycling and exchanging currency. Since grain is used as currency bank mortgage, the grain bank can let ordinary people understand it more clearly than a bank, and it has also given itself a layer of disguise as a "businessman raising his own money".
Wen Desi suggested that this grain store be named "Delong Grain Store". The headquarters office of Grain Bank is located in Dongmen City. In order to give the people the credit of a big business and a big shop, the executive committee approved the construction of a new two-story building as the business location.
The new version of the banknotes was printed by the Printing Factory of the Ministry of Culture and Publicity, which Zhou Dongtian was in charge of. Because this is the first set of banknotes for travelers, the patterns cannot be as simple as the past printing of work-cent coupons, rice stamps, and salt stamps. Not only must it be beautiful and durable, but it must also have certain anti-counterfeiting measures.
Zhou Dongtian invited Bai Duolu and Tan Ming to study this problem together. One of them has done printing, and the other has driven a three-color printing press. They are both professionals. When it comes to printing, compared to Zhou Laomao, who knows everything. It needs to be more profound.
Of course, you don't have to find special banknote printing paper. The time traveler's small papermaking workshop can currently only produce raw edge paper - made of local straw, which has a rough texture and can only be used as toilet paper. Writing paper produced in small quantities also does not meet the requirements for banknotes. Cheng Dong said that there are some heavy-duty colored cardboard in the inventory. The texture is stiff and the papermaking workshops in this time and space cannot imitate both the paper quality and the color. Lingao grain circulation coupons are divided into three 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. Separate auxiliary coins: 5o cents, 2o cents, 5 cents and 1 cent. They are all blue paper and are distinguished by size.
The patterns on the banknotes are mainly agricultural themes, including cattle, farmers, wheat ears and rice fields. The banknotes are marked with "Delong Grain Store" on the side, and the four characters "Delong Grain Store" are printed below. Dong's signature. There is also a line of regular script on the back of the banknote: "Each yuan is equal to one catty of rice."
These patterns were all printed by Bai Duolu using lithograph color printing. Although Zhou Dongtian initially wanted to use the four-color printing press in the printing factory, the printing press did not have much ink in stock, and he would not be able to use it for a while. Have to add. When they saw the sample tickets, several people felt they were too ugly - the pattern had no three-dimensional effect at all.
"That's it." Cheng Dong looked at the sample of banknotes sent and knew that the printing factory was only at this level: it is obviously impossible for them to print something the same as modern banknotes. The kind of banknotes in front of you can no longer be counterfeited by local people.
The largest user of circulating coupons was Wu De. The monthly work points calculation is a major expense. According to Wu De's vision, the Bairen Commune would completely abolish the supply system and implement a monetary wage system. Each member would be paid in circulation coupons based on the work points he earned for his work. The food supply in the commune canteen was also changed to be purchased by commune members with circulation coupons.
Those migrant workers who belong to the labor force and do not have Bairen Commune household registration will continue to be provided with free meals according to labor intensity standards, but their wages will also be paid with circulation coupons-in fact, from not long ago, travelers used rice stamps and The men were paid with salt stamps, which they accepted in kind.
The so-called "employees", the local people recruited by the time traveler companies and departments, also belong to Bairen Commune according to their household registration, but their wages are paid by various departments and have nothing to do with the commune. The meals for these people are also paid for at their own expense like ordinary commune members.
Finally, there is the army. The army has always used silver to pay military salaries. The officers are opposed to the rash use of banknotes to replace silver. This will give the soldiers a sense of deprivation. The white silver turns into pieces of paper that no one can exchange. Happy.
So it was decided that the basic benefits of the army would remain unchanged, meals would be provided free of charge, and military pay would continue to be paid in silver.
In order to stimulate soldiers to use banknotes, Cheng Dong suggested implementing a "military preferential treatment" policy in stores owned by travelers in Dongmen City. Military members can enjoy a 50% discount when shopping with circulation coupons. In order to facilitate them to enjoy this preferential treatment, the grain bank specially opened an exchange office in the military camp to exchange the silver in their hands - this policy can only be enjoyed by New Army soldiers.
"Let's just open an office in the camp." Xi Yazhou said to Cheng Dong. "In the past two months, soldiers have taken money and have been stuffing it with people in Tibet. Recently, there have been cases of loss and theft. Soldiers are all You are alone and have no place to save money. If you start a deposit business, they will be willing to save money without interest."
Soon, offices of "Delong Grain Store" were set up in both Bairen Camp and Bobu Camp. The so-called office was just an office room set aside in the camp, with a wooden counter inside. Store some items such as pens and paper. Of course, the Finance and Finance Committee does not have so many manpower to open the door to serve the military every day, so the regulations are that it opens the door for service on Mondays and pay days every week. The three businesses handled include the exchange of silver and circulating notes, savings, and the storage of valuables. However, the so-called savings business currently carried out does not pay any interest. The savings business of Delong Grain Bank is more like a coin storage service.
After the launch of this service, it was indeed greatly welcomed by the soldiers, but not many people came to redeem the circulation coupons. After receiving their military pay, most people quickly deposited it into Delong's office and exchanged it for a bankbook for personal storage. Only those soldiers who live locally will exchange some circulation coupons to buy goods and take them back when they are on vacation.
After the first batch of circulation coupons was released, there was no violent reaction in the market. After all, people who have been doing business in Dongmen City in the past few months have become accustomed to the tickets of time travellers. Although there are different types of tickets, they know one thing, that is, every kind of ticket for short-haired people, They are all real things that can be exchanged for, and they are always as much as they say, and there is no ambiguity. 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 Store to exchange circulation coupons for grain at any time.
In order to create the credit momentum of circulating bonds. Every evening before the market closes, Dongmen Chuiyu and Delong’s people push carts filled with rice and redeem circulation coupons from house to house. In the first few days, almost every household would redeem the circulation coupons they received. But half a month later, few people do this anymore. After the merchants and hawkers obtained the circulation coupons, it was inconvenient to carry food on their backs on the road, so they chose to consume the circulation coupons directly in Dongmen City: they were used to purchase various goods on the market. Although the merchants initially exchanged the circulation coupons for grain or purchased other commodities out of caution and kept them, over time, when the merchants realized that Delong Grain Store was still open to redeem circulation coupons anytime and anywhere, many people began to partially save them. The circulation coupon is in hand - after all, banknotes are much more convenient to carry and use than heavy copper coins. The messy copper coins, the mixed quality, and the silver that often needs to be weighed have long made merchants complain.
However, the circulation scope of circulation coupons is basically within the control area of travelers. Even in nearby county stores and markets, they are not widely available. Shop owners generally have a wait-and-see attitude towards this kind of banknotes.
However, Cheng Dong thinks this is a normal situation. The value of paper money is largely supported by the government's credit. Most banknotes in modern time and space are unsecured - in this regard, they are worse than Lingao Circulation Notes that use grain as collateral. Wherever the power of the time traveler reaches, the value of circulation coupons can be recognized. Unless the time traveler has sufficient political and economic influence, people outside the ruling area will naturally not recognize it.
The last thing that needs to be sorted out is the currency of the time traveler itself: the unit of benefit distribution that the time traveler enjoys as stipulated in the time travel convention - points.
Although in the process of organizing women's cooperative enterprises, coupons have entered circulation as a kind of capital and have consumer activities, they are still a kind of virtual currency. When travelers spend money in the welfare club, they pay coupons using a signature payment method, and the date and amount of consumption are written on the receipt. This kind of signature form will be manually deducted from the personal account on the computer by the accountant of the financial department on the day of financial settlement. The procedures are complicated and easy to make mistakes.
Now Cheng Dong suggests: Make some of the coupons physical, and no longer just use them as accounting currency on the computer. The salary of the time traveler, allowances and bonuses for dangerous occupations can all be paid using physical points. Coupons can only be used to purchase special goods and services and are not allowed to be circulated externally. The places where you can use point coupons are currently limited to the Traveler Canteen, Women’s Cooperative and Nanhai Demonstration Farm. Points have no horizontal relationship with any currency and have no exchange rate. Uniformly paid and recovered by the Finance and Finance Commission.
Some people suggested that since the coupons have been materialized, the supply system can be abolished among time-travelers and a salary system can be adopted. However, after discussion, the Executive Committee decided to continue to maintain the supply system for all travelers. The Executive Committee continues to provide free housing, medicine, food, basic weapons and ammunition, and clothing to all travelers. 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 canteen is sufficient, you can also buy more chicken, duck, and fish from the canteen to enjoy.
Point coupons are the only currency that traversers can legally hold. Except for public funds required for missions, traversers are not allowed to privately own Lingao circulation coupons and gold and silver.
