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1920年12月15日,省立广东省银行开门营业“省立广东省银行兑换券”(简称:省立券)随之发行流通,面额有1元、5元、10元、50元、100元五种。省立券发行后,时局动荡,币值受到市场质疑,随之而来抵折、拒收现象频频发生,加上市民习惯使用硬通货银毫(俗称“东毫”),最终导致信誉危机。省政府虽然以行政手段规定各县筹集银毫换券返回当地行使,其结果使挤兑风潮四处蔓延,财政部捉襟见肘,于1923年初全部停止兑换。
On December 15, 1920, the provincial Guangdong Provincial Bank opened its doors and opened the circulation of “Provincial Guangdong Provincial Bank Bonds” (denominated as Provincial Certificates) with the denomination of RMB1, RMB5, RMB10 and RMB50 respectively , 100 yuan five. After the issuance of the Provincial Coupons, the current turmoil, the currency was questioned by the market, followed by a discount, rejection occurs frequently, coupled with citizens accustomed to the use of hard currency (sometimes known as “East mill”), eventually leading to credit crisis. Although the provincial government, by administrative means, required that all counties raise silver coupons for return to the local area for exercise, the result was that the run-off wave spread everywhere and the Ministry of Finance was hard-pressed to cease the conversion in early 1923.