The Republic of China: A Letter of Appointment Creates the Most Powerful Warlord

After half a year of integration and development, the seven regions have gradually gotten back on track.

In the spacious and bright conference room, Zhang Ye sat at the table, gently holding the warm cup of water, feeling the warmth coming from the cup wall.

As everyone listened intently, Zhang Ye spoke slowly, "Today, issuing a new currency is imminent. It has become a critical issue that we must address with all our might."

When the Central Plains Campaign came to an end, the three provinces of Qianhu, Jiangyou and Zhili still followed the monetary system left by the Feng family.

Although the dollar still plays the main role of circulating currency in this monetary system, for the vast majority of ordinary people, the amount of dollars they have in their hands is very small.

As a result, trade between regions has encountered many obstacles, especially in the tricky issue of exchange rates, which is extremely troublesome and like being stuck in a quagmire.

Faced with such a serious situation, in order to quickly and effectively overcome this problem, Zhang Ye made a prompt decision and urgently summoned the country's top currency experts to gather together.

These experts are all industry leaders with extensive knowledge and rich experience.

In the days and nights that followed, for more than two months, they worked tirelessly and devoted themselves to studying, conducting meticulous analysis and sorting of massive amounts of data.

Finally, their hard work paid off, and a new monetary system that belonged to them came into being.

"Next, let us ask Chairman Fang to explain the situation in this regard in detail to everyone!" Zhang Ye smiled, slightly turned sideways, and handed this important task to Fang Yu beside him.

Hearing this, Fang Yu stood up calmly and straightened his clothes.

The boy dressed up specially today, wearing a well-tailored black suit, a white shirt and a dark blue tie, looking particularly energetic.

The gold-rimmed glasses on his nose not only added a touch of elegance to him, but also cleverly concealed the slight fatigue in his eyes.

However, if you look closely, you can easily find a shallow scar on Fang Yu's handsome face due to the last explosion.

Although the scar was not obvious, it still made Fang Yu's originally flawless face look somewhat awkward.

Fortunately, Fang Yu did not feel inferior or uneasy because of this. On the contrary, he faced this small flaw with a calm and confident attitude, and regarded it as a small mark in his life journey.

"Ahem!" After clearing his throat, Fang Yu said, "Next, I'll just have a few words with you all..." As his words rang out, the entire conference room fell into an atmosphere of attentive listening again.

While they were talking, the staff who had been waiting nearby for a long time took a step forward in unison.

They held trays with stacks of brand new banknotes that had been prepared long ago, and handed them to the leaders one by one.

Fang Yu casually picked up a new coin from the stack in front of him and began to explain it in detail to the crowd: "The currency reform we are implementing this time completely abandons the traditional metal currency used in the past."

"From now on, all currencies will be made entirely of paper."

He held up the banknote in his hand and introduced it, "Look everyone, this is a one-yuan note. It's a grayish-white note, and the top is printed with our Independence Army's unique emblem. This one-yuan note is worth exactly the same as one dime!"

Then, Fang Yu briefly mentioned the situation of banknotes of other denominations: "As for the five-yuan, ten-yuan, twenty-yuan, and fifty-yuan banknotes, their value is the same as the one-yuan banknote, so I won't elaborate on them here."

When he said this, Fang Yu paused for a moment, and then, as if by magic, he pulled out the last banknote from the stack that looked particularly different.

The banknote is black and gold in color, with exquisite patterns printed on it, making it look solemn and grand.

Fang Yu deliberately held the banknote higher so that everyone could see it clearly, and at the same time emphasized, "The most important thing is this hundred-yuan note!"

"The exchange rate between it and the dollar and the dao yuan is tentatively set at one to one! In other words, this hundred-yuan note can be exchanged for the same value of dollars or dao yuan."

"Not only that, the conversion range mentioned here covers all presidential currencies issued in various historical periods, as well as the silver dollars previously issued by the Feng family!"

"Chairman Fang, do you think this ratio is a little too high?" The head of the Zhili region frowned and asked in front of everyone with a serious face.

"You know, in the past decade or so, all kinds of presidential currencies have emerged one after another, and many different types have been issued one after another!"

"Especially those early-issued silver coins, because their silver content is relatively high, their value among the people is naturally much higher than other currencies."

"If we really follow the exchange rate you proposed, it will be extremely difficult to achieve true currency unification!" The words of the person in charge sounded very reasonable.

After all, they are both dollars, but the earlier ones have a higher silver content, so the corresponding value is naturally more valuable than the later ones.

If all the silver dollars were exchanged at a simple and crude ratio of one to one, then the merchants or ordinary people who held early silver dollars would definitely object.

For these people, if they exchange the early silver dollars in their hands for new coins, they will not get any substantial benefits at all!

I don't think anyone would agree to such a blatant disadvantage.

There are even people who stir up trouble at this time, thinking that the new government is trying every possible way to fleece the people.

After all, there is no cost for issuing new currency, and using a thin piece of paper to exchange for real money in their hands seems like a trap no matter how you look at it.