Study Of The Qing Dynasty Baowu Bureau

Monetary used system of Ming Qing dynasty, but the currency is given priorityto silver and Zhiqian money. In addition to the national income and big trade withsilver, small private trade is extensive use of ZhiQian. Therefore, compared withsilver, ZhiQian is more closely associated with People’s Daily life. Besides, thecasting and circulation of ZhiQian have an effect in the stability of the politics andeconomics in Qing dynasty，which can’t be ignored. In Qing dynasty, people have setup four money bureau: bureau of Jing Zhou and Xiang Yang, Yu Yang and Wu Changin Hubei province. Wu Chang as a precursor to the Bao Wu bureau has an importanteffect in Hubei province. In Yong Zheng years, because of money bureau casting backof qian zhong shu "treasure wu"2words, hence it is called Bao Wu bureau. Bao Wubureau went through Qian Long, Jia Qing, Dao Guang, Xian Feng, Tong zhi andGuang Xu, which is regarded as the longest money Bureau which has the most money,and its development of the outlook basically reflects the casting and circulation of theQing Dynasty in Hubei province currency. Bao Wu Ju Zhu money has experiencedthree stages of development: from Shun Zhi to Yong Zheng at the trial stage formoney Bureau, casting off, casting money supply is not stable, casting weight, layout,with cast color changed. It isn’t mature until the Qian Long and Dao Guang. QianLong dynasty was the most prosperous period for the development of Bao Wu bureau.Because of the development of the Yunnan copper and the lead in Guizhou and theprosperity of Hankou coin material market, the material supplies of the money isadequate for Bao Wu bureau. As a result, it didn’t only stop casting but also increasedto cast money from Qian Long eight years on to fifty-nine years off. The casting sizeof the Bao Wu bureau was reduced in Dao Guang two years, but the castingproduction still followed the common practice in Qianlong Dynasty, and the moneymanagement system didn’t stop continuous improvement.From the tangle cuixie phrase during Guang xu and Xian feng dynasty to thedomestic trouble and foreign invasion situation, the localities have cast a lot of money and opened the monetary chaos in the late Qing period in order to resolve thefinancial difficulties. Since the original Bao Wu bureau were destroyed during the Taiping Army’s occupation of Wuchang, then Hubei governor cast money task for fivefolk names to bear temporarily and reenacted the founding charter in Xianfeng sevenyears. Because the differences of five brand founding, resulting in the Bao wu BaoWu bureau’s money variety, layout particularly complex, characteristic. Xianfengmoney is due to too much folding so that after a short circulation, it soon leads toinflation, soaring prices, private casting prevailed, and resistance. As a result, Bao Wubureau was forced to stop casting less than a year. In Tong zhi years, Bao Wu bureauonly cast two thousand paper money and its opening time is very short. In Guang xuyears, Qing dynasty attempted to restore the money, Bao Wu Ju reenacted thefounding charter, purchased foreign copper and began casting in Guangxu twelveyears, but this only lasted for one year. Then because of lack of a giant and theshortage of raw materials, it was forced to stop and hasn’t been opened so far. Up tonow, the era of the Bao Wu bureau’s casting money is over. After the viceroy ZhangZhidong set up machine casting money Bureau in Bao Wu bureau site, and adoptedthe machine casting coins. Up to then Hubei has entered the machine-made officialcopper coins time.