284 Currency and Taxation

After he gained Ouyang Shuo's approval, Meng Zhida started to describe his plan.

What was most important was to set up a banknote printing bureau in the main branch of Four Seas bank to be in charge of the printing of banknotes.

The planned banknotes included 10 gold, 20 gold, 50 gold and 100 gold. There would be no copper or silver banknotes, and no numbers less than 10 gold.

Based on Meng Zhida's thoughts, the banknotes would be a higher class currency and be mainly used for the buying and selling of goods. As for the daily expenses, they would still be done with copper, silver, and gold coins.

What Ouyang Shuo needed to do was to purchase the <Paper Making Technical Manual> and the <Printing Technique Technical Manual>, paper workshop and printing workshop blueprints.