There was nothing much to say about copper coins in the entire currency casting process. It was similar to Ming Dynasty's and was basically used by the people within the territory.
What changed even more was the silver coins. Basically, one silver coin was worth about half a tael.
In addition, the coins were not made of pure silver, but silver alloy. In terms of the value of precious metals, it was naturally not as good as half a tael of silver.
However, what was missing was the famous seignorage.
Everyone knew, but no one cared.
As long as the silver coins were useful and could be used as half a tael of silver, it would be fine.
The Li Family Army, which had a large number of products as a guarantee, was qualified to guarantee the value of these silver coins.
Therefore, the merchants who used silver would only complain about the trouble.
In the end, he still had to obediently exchange it for silver dollars to use.
The exchange rate between silver and copper was not fixed. Instead, it was a floating exchange rate that was calculated in real time.
This was because in this era, war was raging and a large amount of copper was used to forge cannons.
As a result, there was a shortage of copper coins on the market, and naturally, the price of copper coins soared.
From the peak of the Ming Dynasty, the price of one tael of silver for more than 1,200 copper coins had directly risen to the price of one tael of silver for seven to eight hundred copper coins.
One of the reasons for this was that casting cannons caused the value of copper to soar. Another reason was that the influx of silver from overseas caused the price of silver to decrease.
In this way, one silver dollar could be exchanged for three to four hundred copper coins.
Almost all large transactions were calculated in silver, and very few copper coins were used. The increase in copper coins would rarely affect the use of silver.
With the establishment of the currency order and the regulation of transactions, the efficiency of transactions was also greatly improved.
In addition, Li Sheng had also established a financial system for his territory. The location for exchanging silver dollars had directly become the territory's bank.
Things like silver notes, which had large face value and were easy to carry, naturally came into being.
The trading process became more convenient. As time passed, the merchants realized that it was too troublesome to pull back the silver coins every time.
Some people began to deposit large amounts of silver dollars in the bank set up by the Li Family Army at Lushunkou.
Naturally, business deposits appeared.
With savings, there would be loans.
According to Li Sheng's territory development strategy, the Li family army would focus on foreign trade and ocean expansion to accumulate strength.
Until he accumulated enough strength to seize a few more Manchu provinces and defend them.
Therefore, the shipyard built at Lushunkou began to produce transport ships on a large scale in addition to fishing boats.
Li Sheng couldn't possibly digest all the transport ships he produced.
He needed to sell it!
The merchants buying was one aspect. The banks lending money to the citizens to buy transport ships and also joining the sea trade was the main way to expand the territory's shipbuilding industry.
Every decision Li Sheng made was for the sake of long-term benefits.
Thus, supporting the territory's own ship owners and providing loans to them to buy ships for overseas trade became the territory's development strategy.
Other than that, money was created and the financial industry was established.
Everything in the territory began to be regulated.
They also began to acknowledge the concept of private property and let go of the big pot.
However, it was only an opening.
Before this, the people who worked for the territory were only given food and other living materials.
Now it's just silver and copper.
It was to speed up the circulation of silver and copper coins in the territory.
Although this was only the beginning, Li Sheng had already made arrangements in advance and laid the foundation early.
Next, they only needed some time to witness the territory's economic growth.
Of course, Li Sheng did not need to pay attention to the follow-up matters.
He only needed to start and lay a good foundation.
The matters of development and expansion were naturally left to his subordinates.
He once again looked at the development of the various industries in the territory. After making sure that everything was going according to his plan, Li Sheng focused his energy on military development.
After the victory at the South Pass, Zhao Dahai led a large number of soldiers and farmers to the north and charged into the Golden State Guard.
They took down Jinzhou City without any hindrance.
After taking down Jinzhou Wei City, Zhao Dahai personally fought Jinzhou Wei City and commanded his soldiers and soldiers to start a crazy massacre of the Manchu Tartars.
The first thing they did was to send out a large number of troops. With Jinzhou Wei City as the center, they spread out in all directions and crazily attacked the Manchu Eight Banners Manor.
One by one, the Tartar villages were broken through without any resistance. The Tartar families were slaughtered and the serfs in the villages were rescued.
As time passed, the entire Golden State Guard's Tartars could be said to have rivers of blood flowing, and the land was filled with grief.
The team led by Zhao Dahai was getting stronger and stronger.
It couldn't be helped. Every time they attacked a Tartar Manor, they would be able to rescue a large number of Han people enslaved by the Tartars.
Because they had no intention of occupying Jinzhou Wei City for a long time, the Han people who were rescued, whether they were willing or not, were sent to the South Pass immediately and then arranged to lead them to various places.
? The Han youths followed Zhao Dahai's army and started to empty the Golden State Guard.
That was a real three feet cut!
Anything of value would be moved to the South Pass.
After they were done moving, they burned the Tartar Manor to the ground and even destroyed the water wells.
Due to the large number of people and the ample time, all the wells were not filled with manure or corpses. Instead, they were filled with soil and stones.
This was to ensure that when the Tartar army attacked, they would not be able to find any supplies in the Golden State Guard!
After a few days, the entire Golden State Guard was emptied. All the Tartar villages were gone.
After doing all this, Zhao Dahai felt that he still had plenty of time. He immediately went all out. He organized his men and the young Han people he rescued to start cutting down the trees and mining the Golden State Guard.
He would try to do it so that when the Tartar army came, the Tartars wouldn't even be able to find a piece of wood in the Golden State Guard's territory.
One had to know that in today's war, logistics were the main focus.
As for logistics, the distance between the front line and the rear increased by a certain amount.
The Golden State Guard was emptied.
If the Tartar army wanted to reach the South Pass defense line, they would need to cross a large piece of white land.
This piece of land would be the most painful place for the Manchu Tartars.
If they wanted to transport food, they had to go to the Fuzhou Guards in the north.
Among them, the amount of food consumed was huge.
But now, Li Sheng didn't even want to keep the Fuzhou Guards!
He also wanted his army to charge out of the Golden State Guard and charge into the Fuzhou Guard.
In this battle, they didn't care about attacking cities and seizing land, they only wanted to destroy the Tartars 'battle potential in Fuzhou Guards.
Personnel, logistics, everything was within the scope of the attack.
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