"By the way, the four major banks have opened, and the new money of Dasong should be put on the agenda. Just build new coins based on silver, which is called Songyuan." Looking at the Royal Bank, Zhao Xu pondered for a while and said.

"Songyuan?" Liu Fu and Yang Hejia were both stunned.

For thousands of years, the people have used only copper coins and silver ingots, and there has never been a unified name.

The statement from King Yan made them feel very fresh.

Zhao Xu looked at the two people with a confused look on their faces and said helplessly: "Like Chang Wei, it is necessary to expand your knowledge and give you a broader vision."

With the arrival of external forces, the era of Dasong closing the door to solve his own problems is gone forever.

Moreover, as Dasong explores outward, generals like Changwei need to think about military strategies from a global perspective.

Ministers such as Liu Fu need to think about trade and financial rules from the global perspective.

This singhua is a financial weapon like the contemporary pound, franc, and dollar, not just the currency circulating in the singhua.

Thinking of this, he simply told the two of them the meaning of chanting the round, and Liu Fu and Yang He's eyes suddenly shone.

Liu Fu said: "According to Your Highness's meaning, if the whole world uses chant circles, our chant will only need to print some paper at home to buy all the goods from the whole world?"

"That's right, it can be said." Zhao Xu said, "In this way, the crisis that Dasong itself can be passed on to others by printing money, making Dasong's trade more resilient, but this is a double-edged sword that can be used at critical moments, but not indiscriminately."

After pausing, he strengthened his tone, "However, the taste of financial harvest is wonderful, but you must remember one thing: industry is the foundation of a country. From now on, you must remember this in your heart. While you are free during this time, I will teach you this knowledge."

"Yes, Your Highness." Liu Fu and Yang He were happy.

After talking about this, the three of them stayed for a while before they left.

Back at the palace, Zhao Xu went to the study to draw the main currency of Songyuan.

In the 19th century, all countries adopted the silver standard, which is why he also adopted the silver standard.

This time, he is preparing to let the Royal Bank issue nine currencies.

The first type has a face value of 500, which is equivalent to contemporary five hundred yuan. It is cast from one tael of silver to form a flat shape, roughly the size of a silver dollar.

The second type has a face value of one hundred and is minted from two coins of silver, which is about the same size as a contemporary one dollar.

The third type has a face value of fifty and is minted from one qian of silver, such as half of the fingernail.

The fourth type has a face value of twenty, and is cast from copper-silver alloy, with silver and copper each accounting for half.

The fifth type has a face value of ten, and it is still a silver-copper alloy, with silver accounting for one-third.

The sixth type has a face value of five yuan, which only contains one-sixth of silver, and the seventh type has one yuan, pure copper casting, and the size of a fingernail.

There are five cents below one yuan, and one cent is cast from copper-lead alloy.

Of course, this money is mainly used in the daily life of the people.

Large transactions between merchants, these metal currencies still appear bulky.

Therefore, Royal Bank will also launch special bills of exchange, which is equivalent to checks.

As for banknotes, he has no plans to launch for the time being.

First of all, printing technology is not good enough and it is easy to fake.

Secondly, in this era, most of them were metal currencies, and the people had low trust in paper money.

If the medicine is too strong, it is not good.

However, in the future, as the people's trust in the Royal Bank increases, they will slowly issue paper money to replace metal currency.

After drawing all nine currencies, Zhao Xu asked someone to send them to Royal Bank, and gave them another half a year, and the Song Yuan was officially launched after half a year.

When the people withdraw money, the bank will give them the Song Yuan.

Of course, in the past six months, he will let the newspapers give a splash and popularize the concept of "fullness" to merchants and the people.

"Newspaper?" Thinking of the newspaper, Zhao Xu suddenly remembered what he promised Liu Fu.

After stretching, he went to the R&D Institute.

Liu Fu once complained that the newspapers published by Yanzhou Newspaper were delayed to Ningzhou for too long.

He even joked that he would make a good ear?

If he promises, he will make it.

He could not achieve the wind before the steam engine workshop took root everywhere.

But now, he feels the conditions are met.

And this wind ear is the cable telegraph.

Wired Telegraph was born in 1837 and was later used for short distances.

In 1851, the first transatlantic cable was successfully laid, making transatlantic communication possible.

When the cable telegram appeared, no power plants in the world provided power.

That is to say, this wired telegraph technology can be implemented without power engineering.

But wired telegraphs ultimately require electricity, so where is the source of this electricity?

This is the battery.

Before power plants became popular, humans relied on batteries to supply power to wired telegraphs.

His purpose of going to the research and development institute was to create this primitive battery that was born around 1800 in the contemporary era. The name of this battery is Volta battery.

"Your Highness." When he arrived at the R&D Institute, Wang Chong came out.

Zhao Xu did not mention the battery, and first inspected the research and development institute guarded by soldiers of the royal palace.

There are residential areas and office areas within the research and development institute.

The most important part left is the experimental area.

The experimental area is divided into three parts, the first part is the physics laboratory and the second part is the chemistry laboratory.

At this moment, the students are busy in the laboratory, either synthesizing chemical reagents, debugging machinery, and polishing parts.

Among them, Zhao Xu saw the semi-finished products of the steam forklift, including steam tractors, harvesters, threshers and other samples.

According to Wang Chong's meaning, there is no problem with laboratory manufacturing. As long as the workshop is completed, it can be mass-made.

In addition, Zhao Xu also saw a three-expansion steam engine that completed one-eighth of the total area of ​​the experiment.

Obviously, Wang Chong has never slacked off.

"It's done well." Zhao Xu patted Wang Chong on the shoulder.

Officially with the efforts of Wang Chong and his students, Yanzhou achieved the level of the steam engine from nothing to something in a very short time and then directly transitioned to the late Steam Revolution.

Of course, the biggest contribution of this is him, who directly provided Wang Chong with mature technical drawings, eliminating detours.

It is also the foundation for Yanzhou's industry to catch up.

However, he would not just catch up.

From now on, it is time to directly surpass the technological level of the Western Land.

This wired telegraph is the first step to transcendence.

According to Fei Wen, there is no such thing in the Western Land yet.

Although they can also make it work in a few years, no matter what, he is ahead.

So he said, "From now on, I have a more important task to you, and this is to carry out all electricity-related tests."

"Electricity!" Wang Chong's eyes lit up when he heard this.

The task assigned to him by King Yan is now the only three-inflated steam engine.

Other machinery and parts belonging to the steam engine era have basically ended with the conquest of each team.

Just wait for workshops to rise up and mass production.

Now we can withdraw our hands to conduct research on electricity.

What's more, in the Science and Technology Academy, what they were most obsessed with was the mysterious electricity.
Chapter completed!