Chapter 37 Section 1 Overview of the Qing Dynasty Currency System

The Qing Dynasty was the last feudal dynasty in which the Manchurian Jurchen aristocrats were the main body and strictly enforced the supremacy of imperial power. In 1616, Nurhachi proclaimed himself emperor in Manchuria and established the Houjin Kingdom. In 1636, Taizong Huang Taiji changed the name of the country to Qing Dynasty. In 1644, the Qing army entered the Central Plains and established Yanjing (now Beijing).In order to consolidate the Qing regime, in addition to taking a series of measures in terms of politics and ideology, many measures were also taken in economics, such as immigration and land reclamation; Industry and commerce; universal checkpoints; prohibiting businessmen and people from crossing customs transactions and mining; implementing a closed-door policy.Through these measures, the political situation was stabilized.In the late Qianlong period and the Jiaqing Daoguang period, it began to decline, and political corruption and corruption became common practice.The children of the Eight Banners indulged in pleasure and were sluggish; the green battalion completely lost its combat effectiveness, and the officers and soldiers were busy with business, so they hired someone to look after the barracks.The countryside went bankrupt, contradictions deepened, and the struggle against the Qing Dynasty expanded.The situation of currency also deteriorated, a large amount of silver flowed out, foreign silver dollars invaded, silver was expensive and money was cheap, and money and goods were chaotic.The army of the Taiping Heavenly Kingdom flourished, and the Qing court suffered a heavy blow.The two Opium Wars, the Sino-French War, the Sino-Japanese Sino-Japanese War, and the invasion of the Eight-Power Allied Forces exposed the corruption and incompetence of the Qing court. 1/5 strong with territory.At this time, the Qing Dynasty, like the Southern Song Dynasty, was in a situation of humiliation, seeking peace and being beaten passively. The Revolution of 1911 broke out in October 1911, and the Manchu Qing Dynasty fell.At the end of the Qing Dynasty, a diversified and complex currency was formed, which was semi-colonial and semi-feudal in nature. All kinds of Chinese and foreign currencies, old and new, were in circulation.