Millennium Tongzhou vitality north streamMengluo Fanghua
In the early days of Xianfeng, the Qing government had an annual income of about 40 million silver and an expenditure of about 36 million silver. There was a surplus of income and expenditure to offset each other. Since the Taiping Heavenly Kingdom Revolution broke out, the financial crisis of the Qing government has deteriorated sharply. In the second year of Xianfeng (1852), the Ministry of Household Affairs stated: "Since the two years since, the military supply has become more than 20 million yuan, which has caused a shortage of support and planning difficulties." In a word: "Since Guangxi's use of troops, so far for three years, the ministerial department has allocated military troops and the various provinces have intercepted and reconciled to 29.63 million .... The Ministry of Banks Treasury, as of the 12th of this month At the end of the day, there were only 227,000 bank deposits in the bank account. "In the circumstances of excessive spending, financial distress, military difficulties, and the empty state treasury, the Qing government attempted to implement an inflation policy. Further search and plunder of the people.
On October 19th of the 2nd year of Xianfeng (1852), Sichuan Xuezheng turned to the Qing court and asked the government to cast large sums of money to meet the increasingly difficult financial needs. He said in the memorial: "... The system of big money in different generations has varied from about Dangwu, Dangshi to Dangqian. It is proposed to use the common money outside Changxing, and it will be cast into three types of big money:" Dang hundred, Dangwu " Hundreds, said to be a thousand; when a thousand is not more than two or two, the sacrifice and the agent should act together. The ministers agreed on the form, the service period is fine, the Chinese and foreign are awarded, and the whole is cast. And river engineering, soldiers, both silver and money; both the silver and the money are allowed to be paid by taxpayers as cashiers. Those who belong to the Treasury of the Treasury should be reduced to avoid the trouble of resolving the problem first. However, customs duties still collect all the silver as usual, and Ternix slaps silver for excellence. After the large amount of money is available, the government loses the use of silver. However, it is not necessary to use silver, and the people use silver to exchange money and use silver. Trade, listen freely, no problem .... "
The coin is bronze, with a diameter of about 5.1 cm and a thickness of about 4 cm. The front of the coin is a four-character script with "Xianfeng Yuanbao", the back side is full of Manchu "Baoyuan", and the top and bottom is the Chinese character "Dangbai". Liang Bo said that Xianfeng coins are generally divided into three grades. Xiaoping Qian is called "Xianfeng Tongbao", Dang Wu Dang Fifty is called "Xian Feng Zhong Bao", Dang Bai and Dang Qian are called "Xian Feng Yuan Bao". "Xianfeng" is the year of Qing Wenzong; after entering the Qing Dynasty, Baoyuan and Baoquan minting bureaus were set up in the Ministry of Industry and the Ministry of Households to mint coins, respectively, and later dynasties set up Baohe and Baodong in various places. , Baoyi, Baoji, Baojin, Baoshan, Baogong and other more than 20 bureaus minted coins.
"So much money was forged in the Qing dynasty that was unique in all dynasties in the Qing Dynasty. The forging of big money led to severe inflation. Four years later, Xianfeng had to order to stop casting big money and hundreds of money. According to Qing History The "Draft" records: 'Big money becomes a thousand, when a hundred, a discount is too heavy, and waste. When a hundred, when 50 is a slow waste.' "Liang Bo said," because of 'Xianfeng Yuanbao', when a hundred dollars were cast, it is currently circulating. There are not many living, especially the big money made by Baoyuan and Baoquan Coin Bureau. "Wind and snow at night
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