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Chapter 396: Union Mint
Chapter 396: Union Mint
??Chapter 396 United Mints
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??In this way, the army will be firmly in the hands of the king, and government departments can rely on the Appropriations Committee to supervise the army, thereby reducing the possibility of a military coup.
??This is what the young king learned from the Americans. It is because the Pentagon has received dual supervision from the Appropriations Committee under the Congress and the Ministry of Defense that there has been no possibility of mutiny.
??In addition to the Army and Navy, the Guards and Guards are not under the jurisdiction of the Army Command Council, but directly under the Royal Affairs Hall.
?? Thus, the central government of the United Kingdom was officially born.
??William Selsey officially took office as the Speaker of the Privy Council of England on December 16, replacing the previous Faris Alexander.
??On the same day, the Earl of Argyll officially replaced the Earl of Arran, who was previously elderly, as the Minister of State for Scotland.
??At the same time, Edward appointed Sir John, the former Minister of Royal Affairs, as the Minister of Welsh to govern Wales on behalf of His Majesty Edward, who owns the Prince of Wales.
??As for Scotland, on this day, Thomas Mane officially assumed the post of Governor of Ireland. At the same time, there was the inauguration ceremony of the Speaker of the Irish Parliament.
??After that, members of the joint parliament were also selected from the major parliaments, and the joint parliament was formally established.
??The next day, that is, December 17, he assumed the post of Prime Minister of the United Kingdom, and concurrently served as the Speaker of the House of Lords and the Speaker of the United Parliament.
??The Earl of Argyle, the Minister of State for Scotland, formally assumed the post of Deputy Prime Minister of the United Kingdom and Deputy Speaker of the United Parliament.
?? So far, the Supreme United Court has also announced its establishment and promulgated the first law, which reads as follows:
??The Supreme United Court is the highest legislative body of the United Kingdom, and the laws promulgated are universal. In the United Kingdom, including territories, colonies, territories under its jurisdiction, and military occupation areas, all must abide by the laws promulgated by the Supreme United Court...
??The second article is to establish the rule of the United Kingdom by Edward and Queen Mary, as well as the legal status of the direct heirs.
?? In this way, the entire Kingdom of Britain was officially established.
??For so many days, Edward has been receiving nobles and city representatives from all over the country non-stop.
??If you meet someone who is pleasing to the eye and has good ability, Edward will invite him to serve in the Central Committee of the United Kingdom.
?? As a result, I have received thousands of people in the past ten days, and only a few dozens of them can be seen. Among them, there are only five truly talented nobles who have the potential to become cabinet ministers.
??Among them, three Welsh, one Scotland, one England, and Ireland were wiped out, none of them.
??Edward tested these five people and confirmed that they still have some abilities, so they were appointed as local sheriffs one after another.
?? As a result, the hearts of nobles in the entire United Kingdom suddenly warmed up, and the appointment to see the king has been scheduled until next year.
??The aristocrats who were still in a trance about the establishment of the United Kingdom immediately settled down, started looking for relationships, and prepared to get an official position, and their resistance was greatly reduced.
??In the second year, that is, 1556, on January 1st, our Majesty the King did not go to meet those nobles, but came to the newly established United Kingdom Mint to see the production of new United Kingdom coins.
??As mentioned above, due to war expenses and too much foreign debt, Henry VIII greatly reduced the silver content in silver coins, coupled with the continuous shipment of silver from America to Europe, which caused the value of silver coins to plummet and caused England to inflate.
??Although this method allowed Henry VIII to survive, it made England mess up.
??First of all, silver coins, as the currency with the highest rate of civil use, including shillings and pennies, are all made of silver, and the drop in silver prices has directly led to the shrinking of the wealth in the hands of the common people.
??In the past, each bread was one penny, but now it has grown to two pennies, and the price has risen extremely fast.
?? More importantly, the current silver coins are too common, and a large number of merchants forge them privately, which makes the silver coin market even more chaotic.
??But metal currency has a natural defect, that is, it is easy to wear and tear.
??After years of passing a simple silver coin from hand to hand, the design and face value are almost blurred, the weight of the silver coin decreases, and the wealth it represents gradually loses value in people's minds.
??Silver coins cannot maintain their value for a long time, prompting some people to prefer to melt new unworn silver coins into silver bullion to exchange for more stable gold or even foreign currency.
??If it continues and is ignored, with the development of commerce, the old currency will gradually depreciate due to wear and tear, and the new currency will be abandoned because it is not trusted.
??Under the influence of two reasons, the amount of full-value currency in circulation is greatly reduced, which will cause deflation again.
?? That is to say, silver coins are worthless and no one uses them anymore. There are even foreign silver coins that are used in the country, so the economy of the whole country will be in chaos.
??United Kingdom Royal Mint.
??Originally the brand of the Mint of England, officially the Mint of the United Kingdom, under the dual leadership of the royal family and the coalition government.
??The Kingdom Mint is responsible for designing and planning the value and style of the entire kingdom's currency, planning the specific quantity of currency to be produced, and supervising the manufacture of local mints.
?? Sir George, who was originally appointed as the director, was promoted to the director of the United Kingdom Mint, and the English Mint selected another person.
?? As soon as the king's carriage stopped, Sir George, who had been waiting for a long time, immediately greeted him and saluted respectfully.
?? "Welcome, Your Majesty!"
?? "En!" Edward snorted, and then glanced at this ancient-looking place, which was slightly dilapidated and obviously not in the current popular style. It seems that the building here has been built for a long time.
?? "My sir, how are the new silver coins made?"
??Sir George carefully accompanied him, and when he heard His Majesty's question, he quickly said:
?? "Your Majesty, the original templates have been made. Due to the establishment of the United Kingdom, I ordered people to build a new batch. Please check!"
??Hearing that the kingdom currency had come out, Edward immediately became interested and quickened his pace.
??Under the guidance of Sir George, Edward came to a small room next to the big melting furnace. Three coins of different sizes were placed on the table. Looking at their temperatures, it hadn't been too long since they were baked.
Between ??, the silver coin on the far left is off-white, about the size of a thumb cap, and it is a penny.
??The one in the middle is two or three circles larger than a penny, and a bit thicker. It is silvery white and looks like a silver coin. It is a shilling.
??The one on the far right is a gold coin, which is slightly larger than a shilling, but thinner than it, thicker than a penny, and located in the middle level.
??Silver and gold coins bear his and Queen Mary's portraits on both sides.
??(end of this chapter)