Back to Ming Dynasty with Industrial Revolution System

Chapter 1730
"The establishment of a stock exchange is mainly used for the trading of financial stocks and government bonds. Although it is still manually operated, since we already have experience in operating Kyushu Bank, it should not be very difficult to operate a stock exchange."

Chu Yun looked around at the crowd again, wanting to confirm to them whether the first local stock exchange could really be established.

"We'll do our best to organize it."

The people in the Ministry of Finance did not find it too difficult to establish a stock exchange, because Chu Yun used the system to summon a large number of economists and financial experts, and many of them knew the trading principles of the earliest stock exchange .

The stock exchange Chu Yun knew before was an electronic stock exchange, which does not mean that there was no stock exchange before the electronization. The Netherlands, which focused on commerce at the beginning of the 17th century, had already established the first stock exchange. exchange.

The Bank of Kyushu and the Monetary Policy Committee are responsible for the issuance of banknotes, while the stock exchange is a new institution that needs to be assigned personnel to establish from scratch and implement future supervision.

In addition to proposing to the Ministry of Households a series of modern financial reform measures such as issuing gold-linked banknotes and establishing a stock exchange, Chu Yun also checked the state treasury's situation and various expenditures during his absence.

After the inspection, Chu Yun felt that there was no problem, so he dismissed the meeting of the household department.

After the Ministry of Industry, the officials of the Ministry of Households also complained bitterly. They were all assigned extra tasks outside of their usual work and began to work overtime.

Not only the Ministry of Industry and the Ministry of Households, but also the officials of the Ministry of Rites are working harder than before.

To establish order in the world, it is necessary to send ambassadors to various important powers to report back the changes in various places in a timely manner.These ambassadors must not only be good at diplomacy, but also be familiar with the local language and culture, and more importantly, they will go overseas on errands, and sometimes they must be stationed overseas.

The Ministry of Punishment wants to rebuild concrete prisons to replace traditional civil prisons, the Ministry of War increases the collection of civilian weapons, and the Ministry of Officials is busy assessing the achievements of various places, each with its own troubles.

After the meeting of the household department was over, Da Yuer waited to go back home with Chu Yun.

"It is not easy for countries to recognize that our banknotes are as valuable as gold. Banknotes rely on national credit. If a country's economy collapses, banknotes will become a piece of waste paper. They will only like gold coins and silver coins more." Da Yuer talked to Chu Yun on the car going back.

"We hold 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 it is more convenient to use paper money than gold coins When the time comes, it is estimated that our paper money will be very popular. Of course, the premise is that we will not easily issue money indiscriminately." Chu Yun said.

"I'm afraid it will be difficult to issue paper money indiscriminately." Da Yuer said.

Issuing banknotes indiscriminately is a way to solve the financial crisis. When encountering a financial crisis, it is very likely that the crisis will be solved by issuing currency indiscriminately. It is like drinking poison to quench thirst. Wait until the crisis is over before thinking about how to treat it.

"My lord, the new guns and gunpowder researched by the arsenal have come out."

When Chu Yun and Dayu'er returned to the Army Lord's Mansion, another person came to report new progress to Chu Yun.

"Tomorrow I will find time to go to the arsenal to check."

Chu Yun found that after he wanted to speed up industrial construction, his whole body was very busy. He had to urge so many projects to be carried out at the same time, so he wished that one person could be used as ten.

"Is it too hard to carry out so many projects at once?" Da Yuer said distressedly.

"Everything is difficult at the beginning..." Chu Yun said.

"The middle is difficult, and the ending is also difficult." Da Yuer said.

"..."

Chu Yun returned to the courtyard. During this period of time, he has been urging them to carry out new projects among various departments. He is extremely busy. Sometimes, some people take the initiative to find him and report to him the progress of the project, such as the improvement of the design of the Crystal Palace. .

At this time, Aila, Xiao Xiuer and the others were preparing meals, and Linger and Xueer were also helping to arrange the dishes.

"Is Ling'er going to go back to school?" Ella asked.

"Um……"

Chu Yun looked at his son who was growing up, because Ling'er participated in the circumnavigation of the world, which interrupted a lot of study time, and he will definitely continue to study after returning.

We are now in a period of transition from the agricultural age to the industrial age. If you don't study, you may not be able to keep up with the speed of the changing times.

"Do you want to go to the Army Lecture Hall, the Navy Lecture Hall, or an ordinary middle school?" Chu Yun asked his son for advice.

Previously, Ling'er started to sail around the world after graduating from a private school in elementary school, which happened to be a good time for her to take courses in middle school.

Everyone, including sister Xue'er, looked at Ling'er.

"Although sailing on the sea is very memorable, I still want to go to an ordinary middle school, and then go to the Imperial University." Ling'er replied.

"It's also good to go to the Capital University in the future. Let Liu Rushi teach you the content of middle school in advance, and then you will go directly to the fourth grade of middle school." Chu Yun thought for a while, and chose to let Ling'er skip a grade.

"Will it be too strenuous for Ling'er?" Ella asked.

"No, this guy is very smart." Chu Yun said.

Facing her father's strict requirements, Ling'er couldn't express her suffering.

He sailed around the world with the fleet when he was ten years old, and finally returned home and had to skip a grade to study, so he had to work hard to make up lessons.

"It's time for Xue'er to go to school too. When you get to school, you must listen to your teacher 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 well, and I will be just like my mother." Xue'er said while holding the chopsticks.

"Same as your mother?" Chu Yun asked.

"Well, I want to be a female official too," Xueer said.

"That's really terrible." Chu Yun thought to himself that his children would grow up alone, and it might not be easy in the future.

"Don't listen to her nonsense, she doesn't know what an official is." Da Yuer said from the side.

"It's hard to say, who knows what will happen in the future."

Chu Yun really can't say what will happen in the future, but he still focuses on tomorrow's events. Tomorrow, he will go to the arsenal to check the invention of new guns and gunpowder, and new firearms will appear.

The Dreiser rifle and black powder have been commonly used by the Kyushu Army for more than ten years. Due to system limitations and the cost of replacing armaments, new firearms have been in the laboratory stage.

And now, a new firearm is poised to emerge from the lab as the next generation of universally equipped firearms.

(End of this chapter)