In view of the lack of control over the copper coins minted in various provinces, the Qing government set about rectifying and unifying the currency system, trying to nationalize the coinage right and strengthen control. In October 1905 (Guangxu 31), the Hube Mint General Factory established by the Qing government in Tianjin began to cast the new copper coin "Daqing Copper Coin" and promulgated "Ten Articles of the Rectification Law", which stipulated: It is set to use ninety-seven red copper, three centimeters of copper, and the original tin is one cent. ";" The weight shall be determined as twenty weights for Kuping four money, ten weights for Kuping two money, and five weights for Kuping one money, when The two are equally divided into four quarters ";" The unified manufacture of Daqing copper coins, issued by the ancestors of the Ministry of Education, are cast in the same way as the head factory, but the name of the province is added on the front for easy reference. Each time it is cast, all It must be submitted to the Ministry of Finance for testing by the Ministry of Finance, and the Ministry of Finance should dispatch key officials to inspect at any time. "" Copper coins minted in various provinces should be ordered by the Bureau of the Ministry of Finance to assess the market situation and price according to market conditions. "Accept it and hold it by faith"; "Copper coins minted by various provinces are not allowed to be trafficked out of life in bulk. If the provinces need to use copper coins, they can reserve the price to the head factory for collection."
配资在线In July 1906 (Thirty-two years of Guangxu), the Qing government office invited the court again, and planned to merge the 24 copper Yuan bureaus in the country into nine places at their discretion, as stated in the compromise: "Although China has a vast territory, if If there is only one factory in the country, it is inconvenient to transfer, but it is only a matter of terrain. In addition to the general factory set up by the Ministry, it is planned to use Shandong to merge into Zhili as a factory, Hunan to merge into Hubei as a factory, Jiangxi, Anhui, Jiangsu , Qingjiang merged into Jiangning No.1 factory, Zhejiang merged into Fujian No.1 factory, and Guangxi merged into Guangdong No.1 factory. Hefengtian, Henan, Sichuan, Yunnan four factories, a total of nine sites, all under the jurisdiction of the ministerial department, adjust the surplus, each can Evenly allocate. "While the merger of the Copper Yuan Bureau was successfully implemented, it also limited the amount of copper coins that the provinces would cast daily to avoid repeating the same mistakes. After that, the Qing government renamed the household ministry "du branch" and ordered the mints of the provinces to be renamed the branch mint branch to consolidate the centralization of the central mint.
配资在线The distinctive features of the copper yuan during this period are the words "Daqing Copper Coin" in Chinese on the front, and the "hubu" and the dry year text are listed on the left and right edges. The "hubu" is removed in the later period, leaving only the dry branch year text, and the upper edge is full The text "Daqing Copper Coin", the lower margin of the column value text; the back is the unified pan dragon, also known as "Ministry of Dragons" or "Daqing Dragon", the upper edge of the early period is "Guangxu Yearly Creation", the latter is "Xuantong Yearly Creation" ", The lower edge is English" TAI—CIIING—TI—KUO COPPER COIN ”, and the Chinese translation is“ Daqing Empire Copper Coin ”. There is no text in the center of the front of the copper yuan cast by the Hube. There is a single province name in the center of the front of the copper yuan cast by the provinces. The currency value is divided into four types: twenty, ten, five and two. At this stage, the "Xuantong Yuanbao" copper coins were cast in Xinjiang, and the "Xuantong Yuanbao" copper coins were cast in Tibet. These are only two examples. Although the Qing government was deliberately reforming the currency system, it failed to effectively curb the momentum of the country's widespread copper coin casting. The provincial and bureaus are all in favor of Yang and Yin. The border province Yunnan dared to violate the decree that no new factory should be established. In 1907 (Guangxu 33 Years) set up a bureau to cast the word "cloud" in Qing Dynasty copper coins.
配资在线In the face of the intensification of the proliferation of copper coins, the Qing government was determined to completely reform the currency system, fundamentally solve the problems exposed in the casting of copper coins, abolish old copper coins, and create new copper coins. On April 16, 1910 (the second year of Xuantong), the Qing government promulgated the "Regulations of the Currency System", which implemented the silver standard system, that is, the silver dollar was the main currency, and the copper dollar was the auxiliary currency. A new type of auxiliary currency system was clearly established. The new copper yuan is divided into four units: two points, one point, five cents, and one cent. However, the currency value of this new set of copper yuan is also contrary to the money-making price ratio. Therefore, in 1911 (three years of Xuantong), a new set of copper coins was introduced, which is still called "Daqing Copper Coins". There are 20 types, ten types, five types and two types, and one type of five types. Silver dollar swap value to make up for the shortage of the first set of new copper dollars. At the same time, it also stipulates that the new and old copper dollars are temporarily used together, and gradually withdraw the old copper dollars within three years, and stop using them at the end of the period. However, this currency reform plan has yet to be fully implemented in the future (only ten articles and one article of copper coins entered the circulation field), and the 1911 Revolution broke out and the Qing Dynasty perished.