Chapter 200 Money Who Doesn’t Like It?

From the time the three cabinet ministers arrived in British India, most of Alan Wilson’s daily work was spent thinking about how to arrange the itinerary of the three cabinet ministers while keeping the Indians happy.

Since he began to worry about the treatment of Indian veterans, Allen Wilson instantly found a number of trips that could be dragged out, such as a commendation for the grassroots army that fought during the war.

On the outskirts of New Delhi, a tall fence separates the factory, compared to the general factory, this factory is considered very neat, bursts of roaring machine sound, into Allen Wilson’s ears.

It can be imagined that the current operation of this factory must be good, Allen Wilson followed the two officers into the interior of the plant, only to see the production line in the plant is in the middle of the intense busy, as for the products from the production line will soon be put into the market, it is a banknote, simply put is the Indian rupee.

“Delarue company’s technology I am very believe, not to mention, just produce the product, I believe there is no one will not like.” Alan Wilson stopped next to the production line of the banknote printing machine for a moment, smilingly exclaimed, “Especially the Indians, surely like it.”

In the general public’s impression, the banknote printing company should belong to the state-owned enterprises, but Delarue Banknote Printing Company is a private enterprise.

In fact, in addition to countries that only print banknotes domestically, many countries will give part of their banknote printing business to overseas banknote printing companies, of which the UK’s De La Rue Company, in the middle of the British Empire’s long colonial rule, has accumulated quite a lot of experience in the colonies.

Alan Wilson remembers that after India’s independence, it was deeply ashamed that its banknotes were controlled by De La Rue. Finally used administrative intervention to nationalize the right to print money, becoming one of the few countries in the world that prints its own money.

Two lifetimes, Allen Wilson or the first time to see the production line of money printing machine, inevitably some psychological excitement, printing money ah, that is all the boy’s childhood dream, the masterpiece of daydreaming.

“Mr. Allen, our Delarue company has long served the British Empire. The banknotes provided are exquisite and delightful, and the professionalism is completely unproblematic.” Andrew, the head of the factory, saw Allen Wilson’s eyes longing to leave, and introduced the factory’s production links from the sidelines.

“Personally, I think the main reason why the products are likable is because your products are banknotes. Banknotes are something that no one dislikes.” Alan Wilson revealed an expression that everyone understands, then collected his greed and said with a straight face, “I believe that in the middle of the next one to two years, De La Rue Company’s business will definitely be very good.”

De La Rue Company, a British banknote manufacturer, had been printing banknotes for the Bank of England since 1860. Not surprisingly, the printing of banknotes for British India, the most valuable colony of the British Empire, also fell into the hands of De La Rue.

In 1860, by allowing anyone and any group to form a joint-stock bank, private banks sprang up in Britain, and the demand for banknote printing skyrocketed.

And Drucker & Co. seized the opportunity to start printing money and, with the Sunset Empire expanding globally, expanded its business around the world.

Now that the war is over, many of the countries with damaged economies will choose a way to abolish the old banknotes and use the new banknotes to maintain economic stability, and Delarue’s business in the coming period of time will surely go up by leaps and bounds.

Because of the complexity of the banknote printing process, for one thing, the need for top-level printing equipment and constantly updated printing process, the second is the need for continuous research and development of a new generation of anti-counterfeiting technology, the third is the currency manufacturing is a cost of equipment scale industry, De La Rue has a first-mover advantage.

But Allen Wilson mentioned nothing else, but the northern neighboring countries, I believe Delarue company in the next few years will receive orders to print the gold round ticket.

And Allen Wilson is also prepared, to expand the circulation of the Indian rupee a little bit, for example, this time the grass-roots officers to be decorated.

In fact, Allen Wilson this time over to talk about this matter, along with the factory supervisor Andrew into the other side of the office, as a money printing factory, this factory security is absolutely in place, and not far from the British army barracks in New Delhi, do not have to worry about what danger.

“As you know, the current British India ah, currency circulation is very poor. And there are a lot of activities, a lot of activities cost money, and it costs a lot of money na.” Alan Wilson said with a sad face as soon as he sat down, “Take the basic officers’ ordination that will start soon, it is always necessary to give a little bonus. It’s fine to raise the rank, but to give out medals? This is, as we all know, now after the war, the demand for precious metals is strong, why not just issue paper money.”

Alan Wilson stingy search of the miser’s face exposed, do not want to receive the medal of the Indian officers too expensive medals, get a little silver and copper to deal with on the line, the other treatment through the bill to convert.

And decorated officers full count but more than three hundred people, more printed out a little bit of money, will not cause by inflation. This kind of thing as long as Allen Wilson does not say, how will anyone else know?

In the British India commissioner assistant all kinds of hints explicitly, Delarue company’s director understands, tentatively asked, “to provide how many banknotes.”

“That’s not much, but we also have to keep an eye on market acceptance, so you’ll start by printing ten million, and I’ll track how it circulates in Delhi, all for the purpose of studying the laws of the economy, and for no other purpose.”

Alan Wilson calculated that three million issued to decorated officers and the remaining seven million left for market trials would be just enough.

From the economic laws, the consequences of printing money have a certain lag, so the financial security of British India in the future, now test the consequences of currency overissuance, in fact, there is no excuse, just a test Well, it’s all for the study of the laws of economic operation.

“How long can be ready? Don’t want large banknotes, want small banknotes with the best circulation rate in the market.” Alan Wilson looked at the thinking Andrew and asked, “No problem.”

“It can be ready in a day’s time. Mr. Allen can come and pick it up at that time.” Andrew thought for a while and gave a suitable time, a banknote printing machine can print 1.4 billion banknotes a year, with the production capacity of the New Delhi factory, ten million cash is really not much work.

Allen Wilson nodded with satisfaction and said that he would send someone to pick it up before the honoring ceremony, “I believe in the strength of Delarue’s banknote printing company, and will definitely not keep a few cabinet ministers waiting, this is a political mission.”

Mentioned the importance of this money printing, Allen Wilson left, no doubt he will come often in the next two years, do not make too much sense of the money printing plant now, leaving a little mystery to explore later.

As for this commendation to the grassroots officers during the Indian War, simply put, the rank should have a significant increase, generally have to rise one level, the money can not be less to give, as for the gold medals are not, not too valuable can be awarded some.

After all, the support of the home front is most important, and the days of British India will be a little more bitter.

The present commendation, which will be in the presence of three Cabinet Ministers, will be presided over by Field Marshal Archibald Percival Wavell, Governor-General of British India.

The top brass of the Congress Party and the PMLN were invited to observe the ceremony, and Field Marshal Wavell’s speech, drafted by Sir Barron, in which, in addition to reminiscing a little about the years when the two sides had fought side-by-side, he also expressed his concern for the discharge of the Indian soldiers after the war, and hinted explicitly and implicitly that there would be benefits to be paid out afterward, and that this Commendation would be only a beginning.

“First to stabilize the military heart of the Indian soldiers, the Congress Party and the PMLN want to make a fuss also can not make a fuss, mainly on the army side, the sailors do not have warships combat power greatly reduced, the ocean above the Royal Navy to clean up these small blacks is still a breeze.”

In the left side of the position seated Sir Barron, eyes on the opposite side of the Congress Party and the PMLN clear-cut camp swept back and forth, one heart and two minds to Alan Wilson, “the most critical is the follow-up, in fact, you can talk to those Tupang Maharajahs, I know that you’ve always wanted to have such an opportunity, and Ali Khan has not seen for a long time, right?”

“Alan really doesn’t know what to say to Sir Barron’s concern.” Alan Wilson whispered, “In fact, for Sir Barron, Maharaja Ali Khan also has great admiration.”

“Let’s forget about the admiration, I just did some of my part.” Sir Barron shook his head slightly and said, “Look at the opposite side, not even pretending on such an important occasion.”

With the commendations, the junior officers, mainly nearly one third of the Sikh officers, were given commendations. Brand new Indian rupees were given out to the hands, and the promotion of officers to the next level was not even a matter of concern.

When this wave of heat passes, Alan Wilson will focus on protecting the interests of Sikh officers, so that these Sikh officers continue to stay in the military service.

As for the matter of land distribution, it can be implemented on a small scale first to see the reaction of all parties. The Hindu provinces that were close to the Sikh settlements started to implement it first.

While thinking this way, Alan Wilson saw some officers holding brand new banknotes under the nose and sniffed, the heart was shocked, it will not still ink is not dry, right?

No, to believe in the technology of the British money printing machine, how can this kind of thing appear. It is nothing more than that age old question, the thing of money, who does not