Chapter 1254 Currency Reform
Roland passed through several layers of tightly guarded doors and walked into the inner room of the vault in the castle area.
When we were still in Border Town, all the golden dragons combined could not fit into a few boxes, and the castle basement was enough to hold the funds to maintain the operation of the entire town. Since selling steam engines and other magical creations, his income has been rising steadily, and soon reached an astonishing level. It is not an exaggeration to say that he is making a fortune every day.
As the site grew, so did the expenses. In order to facilitate the administration hall's access, he ordered a special vault to be built between the castle and the administration hall. Although the security was strict, as long as the procedures were in compliance with the regulations, all department heads could enter the vault to withdraw funds, which caused a heated discussion at the time. After all, there are almost no nobles who use all their "own wealth" to build their territory, let alone allow outsiders to enter and exit.
But at that time, except for Barov, who knew a little bit, no one else knew that Roland didn't take these hard coins seriously at all. It didn't matter whether they were more or less, as long as they could keep up with the needs of the city's development. For a long time, Wudong's income has been greater than his expenses. He has not heard reports of savings being in short supply for a long time.
"Your Majesty," Barov, who had been waiting in the warehouse, stepped forward and saluted, "Look... we only have the last twelve boxes of golden dragons left."
Generally speaking, there are about 2,000 golden dragons in a box, and the total amount is about 20,000. Compared with the overflowing warehouse in the past, it does seem a bit empty at first glance.
As for the silver wolves and bronze eagles scattered in the corners, they were piled up like small hills, but they were of little use.
"How long can it last?" Roland asked.
"At current trends...two months at most."
"Sooner than I thought," he raised his eyebrows, "Is it mainly used for salary?"
"Yes, this part accounts for more than 50% of the expenditure - the population is growing too fast, and the expenditure of the engineering team and the smelting team has increased most obviously. In addition, if you hire a large number of Fjord Chamber of Commerce ships, it will cost almost the same every month Four or five thousand gold dragons, if this part is stopped, the Administration will be able to hold on to the next sales share of the Joint Chamber of Commerce——"
"Nothing can stop transporting people." Roland interrupted the manager.
"Then..." Barov rubbed his hands, "I remember you said during the last meeting that there is a once-and-for-all solution... Is it true?"
"So you haven't forgotten it yet," Roland said with a smile, looking at the entire vault. Perhaps I had anticipated that such a day would come. The vault was quite spacious, and the windows were bright and clean. After clearing out the iron railings and the shelves in the room, it was basically no different from an ordinary house. You wouldn't feel depressed even if you stayed there for a long time. It's perfect for a printing room. "When is the next salary payment?"
"A week later."
"Save these golden dragons and don't touch them for the time being," he nodded. "You come with me to the office. I have a new department to set up. The specific regulations will be discussed there."
Although this day came earlier than expected, he had begun preparations for this more than half a year ago. The tokens issued to the Witch Union and Maleficent are tests. If even the witches cannot find loopholes and steal counterfeit banknotes, then the basis for replacing metal currency with banknotes is mature and can be put into official use at any time.
"Yes, Your Majesty." Barov seemed to be relieved. It could be seen that he was really worried about the days when he had no money in the past. Now that he had Roland's approval, the wrinkles at the corners of his eyes were relieved a bit, "By the way, Your Majesty, What’s the name of the new department?”
"Bank." Roland replied.
…
Five days later, the bulletin board in the central square of Neverwinter was replaced with a full-page new notice, causing an uproar among the residents. The Executive Office once again sent a special person to give a lecture, which is a rare sight after the popularization of education.
Graycastle Weekly also published the details of this announcement on the most eye-catching front page - Your Majesty will issue new coins to replace the golden dragon, silver wolf and bronze eagle.
For a time, the streets were filled with discussions about currency reform.
The hotel where Victor lives is no exception.
He originally planned to return to Bishui Port after watching the Demon Shadow, but unexpectedly the sudden appearance of Red Moon disrupted all arrangements. Panic made the order turbulent, and he immediately changed his plan and decided to stay here for a while - not out of loyalty to the King of Graycastle, but because he believed that if the red moon really represented the end of the world, other The place will only get worse. When disaster strikes, the safest place on the entire continent is probably Neverwinter City.
Order soon stabilized as the king and queen appeared to calm people's minds and the police and garrison cracked down on crime. Victor was also called to investigate many times because he was a witness to the "Shadow Alienation", but it was considered a near miss. Just when he was about to escape from the gentle land of the maid and set off for the south, he received news of change.
The announcement of this new policy shocked him even more than the red moon.
Neverwinter City is going to cancel gold coins, a currency that has been used since the birth of the human kingdom!
As a businessman, Victor's first reaction when he heard the news was that it was absolutely impossible. He thought it was some drunkard's crazy talk. The four kingdoms and even overseas places were everywhere where there were people. How can it be so easy to abolish gold as a precious thing?
But the newspaper bought by the maid and what the other party saw and heard outside all confirmed the accuracy of the news.
The first article of this change is that "Neverwinter City will issue new banknotes to replace the existing currency. It has mandatory circulation characteristics and cannot be rejected by anyone when used according to its face value."
This means that with a piece of paper, the king can buy the goods of all merchants who enter the realm of Neverwinter. In a sense, there is no problem in calling it robbery.
"When I came back, I saw some people fleeing the city with goods," Linglong whispered on the soft couch, with a little worry in her tone. She didn't know whether she was worried that Rainbow Stone's clothes would be forcibly bought, or she was worried about him. He also flew away like the others.
Victor smiled bitterly. The maid did not know that she was actually tightly tied to the King of Graycastle. Without the seeds provided by Miss Ye, there would be no Rainbow Stone today.
No matter what happens, he cannot easily abandon the property in Neverwinter.
And based on his understanding of Roland Wimbledon, these policies will spread throughout the kingdom sooner or later.
In addition, the other party's business acumen is as good as any big businessman in Chenxi, and the current situation is not so bad that he needs to rely on robbery to maintain the situation, so this idea should not occur suddenly. Thinking of this, Victor calmed down and then looked down——
Articles 2 and 3 are both related to people’s livelihood.
"Work wages in Neverwinter will be paid in paper currency."
"Supplies sold by the Administration Office and convenience markets, including but not limited to food, shelter, etc., only accept banknotes."
The fourth article obviously takes into account the issue of the number of new coins.
"The Executive Office will provide long-term exchange services for new and old currencies in equal amounts. At any time, residents can exchange their gold dragons, silver wolves, and bronze eagles for banknotes of equivalent value, or they can exchange the latter for the former. When using new currency When exchanging old currency, the Administration will charge a 5% handling fee.”
Victor vaguely realized that there seemed to be something deeper hidden in this line...
The last one seems to be specially designed for foreign businessmen.
"In addition, merchants who have obtained permission from the Administration and are operating legally can declare their identity to be exempted from the handling fee for currency exchange."