Chapter 784： currency union signed
As soon as Count Argoux's voice fell, the representatives of the surrounding countries once again applauded Count Argoux's speech.
Immediately afterwards, Count Argu proposed his plan.
In view of the large gap between the countries participating in the conference and France in terms of gold and silver reserves, the Count of Argoux system, and the countries participating in the European Monetary Union from now on, should be based on the French Empire monetary system, that is, the gold content of the main currency is positioned every time. The franc is 0.2903325 grams of gold or 4.5 grams of silver, which can be circulated in countries that have signed a national currency union.
"Everyone, what do you think?" Count Argu asked the representatives present.
Representatives from various countries looked at each other, and no one dared to speak.
"Everyone, now you can speak freely! This time the currency union meeting was originally invited to come and discuss together. Every country has the right to speak. Even if it is wrong, no one will blame you!"
It was not until Jérôme Bonaparte's voice reached the ears of the representatives of the various countries that they began to chat with each other.
After about five minutes, the representative of the Kingdom of Württemberg stood up and asked: "Representative Argu, I have a question to ask you. I wonder if you are willing to answer it for me!"
Count Argoux glanced at Württemberg, and he knew that the Württemberg representative in front of him was invited by Jerome Bonaparte, and his role was to attract others.
So, Count Argu responded with a smile: "Of course!"
"I want to ask what Argu represents. You just said that you will build a currency system based on the franc currency. Does that mean that the currency of all our countries must be the same size and style as the franc!"
The Kingdom of Württemberg asked the core currency issue right, which is also the most concerned issue of all participating countries.
If the currency of all countries is a one-to-one copy of the franc, then their country is equivalent to losing the right to issue part of the currency.
This is an unacceptable thing for some countries such as Naples and Greece.
Of course, for a small number of Swiss francs and Belgian francs, which were originally highly consistent with the French Empire, this is a trivial matter.
"Of course not!" Count Argoux shook his head decisively and said to the ambassador of the Kingdom of Württemberg, and then assured everyone present with a smile: "Representatives, please rest assured, the French Empire will never force any country to be theirs. unwilling to do.
The franc system I just mentioned is just a measure, and the styles of gold coins and silver coins can be formulated according to the national conditions of your country! "
Saying that, Count Argoux took out a gold coin worth 5 francs from his pocket.
The gold coin is shiny, it looks like it has just been minted, and the front of the gold coin is a miniature version of the map of France. If the area of the currency itself is not too small, Jerome Bonaparte also plans to add Algiers to the gold coin, and the reverse side is All Europe map.
"This is the new currency we minted!" Count Argu handed the 5-franc gold coin to the representative of the Kingdom of Württemberg.
Württemberg took the currency in the hands of Count Argu, looked at it carefully for a long time, and then handed the currency back to Count Argu.
After the Count of Argoux took the currency, he handed the currency to the Sardinian representative beside him and told him that after he read it, he would pass it on to the next one.
The Sardinian representative also carefully looked at it for about half a minute and handed it over to the Belgian representative next to him.
The Belgian representative then handed it over to the Swiss representative…
After all the representatives had finished reading, nearly 7 or 8 minutes had passed, and the gold coins returned to Count Argu.
The Count of Argoux said to everyone present, "Whatever you like to engrave on the gold coins is your freedom, but you must ensure that the weight of each gold coin you cast must be the same as the French standard, otherwise France will not recognize the currency in your hands.
Nor will it be exchanged! "
"What is the exchange ratio of gold coins to silver coins in the French Empire?" The representative of the Kingdom of Württemberg asked again.
"1 to 15!" Count Argoux replied to the representative of the Kingdom of Württemberg, and then added, "But this is not as stable as it is! In the absence of great changes in the international gold and silver market, France Will always stick to a 1 to 15 ratio.
I can assure you that even if the price of silver coins on the international market falls slightly, the French exchange rate will not change.
Unless a super-large silver mine is discovered in the international market, which affects the price of silver in the international market, France will consider changes in the gold-silver ratio as appropriate.
Before that, you don't have to worry about the fluctuation of silver price! "
The idea of joining the alliance became stronger in the hearts of the representatives of the various countries who had heard Count Argoux's assurance.
After all, what every small country hates most is the ups and downs of silver prices, which will have a huge impact on the silver hoarding in their hands.
Now as long as they join France's European Monetary Union, their currency won't fluctuate as much as before.
And some countries can rely on the endorsement of France to sell bank notes.
Backed by the credibility of France, there must be many people willing to pay for bank notes.
"Representative Argu, I also have a question!" The Belgian representative got up and asked Count Argu.
"Please speak!" Count Argoux replied to the Belgian representative with a sullen expression.
"What is the maximum denomination and the smallest denomination of currencies issued between countries!" the Belgian representative asked the Count of Argoux.
"My suggestion is that the maximum should not exceed 100 francs, and the minimum should not be less than 20 centimes!" Count Argoux replied to the Belgian representative: "Currency greater than 100 francs is inconvenient to carry! After all, one franc contains about 0.3 grams of gold. , 100 francs of gold must have 30 grams of gold! If you mint 200 francs, 300 francs of gold, you have to need 60 grams of gold, 120 grams of gold, then the gold coins must be bigger!
In this case, it is better to bring more gold coins.
And less than 20 centimes, the silver content is too little.
It’s okay to use it as a token in your own country, so don’t take it out! "
"I see!" The Belgian representative sat down again.
"Everyone, do you have any other questions you want to ask?" Count Argu asked everyone present again.
This time, no one was asking questions.
Then, the Count of Argoux continued: "Any country that joins the currency union can mint gold coins with a face value of 100, 50, 25, 10, 5, 1 francs, or 5, 2, 1 franc, 50, 20 centimes. silver coins!"
The representatives of various countries nodded one after another, and Count Argoux began to ask the representatives of each country which country was willing to join the currency union.
The Kingdom of Württemberg, the Kingdom of Belgium, the Kingdom of Sardinia and the Papal States expressed their willingness to join the Monetary Union, followed by Switzerland, Sweden and Naples, expressing their willingness to follow the French Big Brother.
Now only the Kingdom of Greece remains without any metamorphosis.
Since the vast majority of countries are willing to join the rules set by France, the Count of Argoux simply does not wait for a certain country.
After all, France is also a face-saving country.
Therefore, the Count of Argoux immediately decided to end the discussion of the Monetary Union meeting: "Okay! I will sign the Monetary Union agreement with you tomorrow, and I hope you can arrive at the Louvre on time!"
After speaking, Count Argoux did not care about the feelings of the representatives of the Greek kingdom at all, and turned to report to Jerome Bonaparte: "Your Majesty, we are over!"
"I see!" Jerome Bonaparte nodded in response to the Count of Argoux, then he got up and said to the representatives of the countries: "I'm very happy that you can stand here for the unification of the European currency!
This monetary union can be said to be the most progressive one in Europe since the Enlightenment. I believe that in the near future, all European monarchies will be able to establish the Swiss Confederation, which means embarrassingly a community with a shared future throughout Europe! "
After speaking, Jerome Bonaparte also received warm applause from everyone present Okay, everyone! We should also report this good news to the outside world! "Jérôme Bonaparte greeted everyone present to leave the Louvre.
The representatives of various countries followed Jerome Bonaparte and left the Louvre in a mighty manner. When they walked out of the gate of the Louvre, they were immediately squatted by the reporters who were guarding the Louvre.
However, the group of reporters were stopped by soldiers before they could reach Jerome Bonaparte.
"Let them come here!" Jerome Bonaparte waved his hand and said to the soldiers.
The soldiers obeyed Jerome Bonaparte's order and moved out of the way, and the reporter was able to approach Jerome Bonaparte.
"Your Majesty the Emperor, I'm a reporter from the National Daily! May I ask how far the currency alliance initiated by you this time has been in the conversation now! Can you please reveal it?"
"If I say there is no comment, then you are definitely not happy!" Jerome Bonaparte responded to the reporter of the National: "Now I can only tell you that the conversation between us Very happy! The time for the signing of the agreement is already approaching Chi Chi!"
"After the national newspaper reporter completed the questions, the royal newspaper "The Observer" also asked Jerome Bonaparte, but he did not ask the same questions as the National newspaper.
"The Observer asked Jerome Bonaparte how he felt, and Jerome Bonaparte also responded to the "Observer" in a very official way.
Immediately afterwards, Rastigne appeared again, and he said to the reporters with a serious expression that their question time has ended, don't hinder Your Majesty!
The reporter was obviously not willing to give up, so Rastigne immediately led someone to disperse the reporter.
Jerome Bonaparte took a deep look at Lastigne, and then led the representatives of various countries to the Tuin-leuri Palace.
Immediately afterwards, Count Argu proposed his plan.
In view of the large gap between the countries participating in the conference and France in terms of gold and silver reserves, the Count of Argoux system, and the countries participating in the European Monetary Union from now on, should be based on the French Empire monetary system, that is, the gold content of the main currency is positioned every time. The franc is 0.2903325 grams of gold or 4.5 grams of silver, which can be circulated in countries that have signed a national currency union.
"Everyone, what do you think?" Count Argu asked the representatives present.
Representatives from various countries looked at each other, and no one dared to speak.
"Everyone, now you can speak freely! This time the currency union meeting was originally invited to come and discuss together. Every country has the right to speak. Even if it is wrong, no one will blame you!"
It was not until Jérôme Bonaparte's voice reached the ears of the representatives of the various countries that they began to chat with each other.
After about five minutes, the representative of the Kingdom of Württemberg stood up and asked: "Representative Argu, I have a question to ask you. I wonder if you are willing to answer it for me!"
Count Argoux glanced at Württemberg, and he knew that the Württemberg representative in front of him was invited by Jerome Bonaparte, and his role was to attract others.
So, Count Argu responded with a smile: "Of course!"
"I want to ask what Argu represents. You just said that you will build a currency system based on the franc currency. Does that mean that the currency of all our countries must be the same size and style as the franc!"
The Kingdom of Württemberg asked the core currency issue right, which is also the most concerned issue of all participating countries.
If the currency of all countries is a one-to-one copy of the franc, then their country is equivalent to losing the right to issue part of the currency.
This is an unacceptable thing for some countries such as Naples and Greece.
Of course, for a small number of Swiss francs and Belgian francs, which were originally highly consistent with the French Empire, this is a trivial matter.
"Of course not!" Count Argoux shook his head decisively and said to the ambassador of the Kingdom of Württemberg, and then assured everyone present with a smile: "Representatives, please rest assured, the French Empire will never force any country to be theirs. unwilling to do.
The franc system I just mentioned is just a measure, and the styles of gold coins and silver coins can be formulated according to the national conditions of your country! "
Saying that, Count Argoux took out a gold coin worth 5 francs from his pocket.
The gold coin is shiny, it looks like it has just been minted, and the front of the gold coin is a miniature version of the map of France. If the area of the currency itself is not too small, Jerome Bonaparte also plans to add Algiers to the gold coin, and the reverse side is All Europe map.
"This is the new currency we minted!" Count Argu handed the 5-franc gold coin to the representative of the Kingdom of Württemberg.
Württemberg took the currency in the hands of Count Argu, looked at it carefully for a long time, and then handed the currency back to Count Argu.
After the Count of Argoux took the currency, he handed the currency to the Sardinian representative beside him and told him that after he read it, he would pass it on to the next one.
The Sardinian representative also carefully looked at it for about half a minute and handed it over to the Belgian representative next to him.
The Belgian representative then handed it over to the Swiss representative…
After all the representatives had finished reading, nearly 7 or 8 minutes had passed, and the gold coins returned to Count Argu.
The Count of Argoux said to everyone present, "Whatever you like to engrave on the gold coins is your freedom, but you must ensure that the weight of each gold coin you cast must be the same as the French standard, otherwise France will not recognize the currency in your hands.
Nor will it be exchanged! "
"What is the exchange ratio of gold coins to silver coins in the French Empire?" The representative of the Kingdom of Württemberg asked again.
"1 to 15!" Count Argoux replied to the representative of the Kingdom of Württemberg, and then added, "But this is not as stable as it is! In the absence of great changes in the international gold and silver market, France Will always stick to a 1 to 15 ratio.
I can assure you that even if the price of silver coins on the international market falls slightly, the French exchange rate will not change.
Unless a super-large silver mine is discovered in the international market, which affects the price of silver in the international market, France will consider changes in the gold-silver ratio as appropriate.
Before that, you don't have to worry about the fluctuation of silver price! "
The idea of joining the alliance became stronger in the hearts of the representatives of the various countries who had heard Count Argoux's assurance.
After all, what every small country hates most is the ups and downs of silver prices, which will have a huge impact on the silver hoarding in their hands.
Now as long as they join France's European Monetary Union, their currency won't fluctuate as much as before.
And some countries can rely on the endorsement of France to sell bank notes.
Backed by the credibility of France, there must be many people willing to pay for bank notes.
"Representative Argu, I also have a question!" The Belgian representative got up and asked Count Argu.
"Please speak!" Count Argoux replied to the Belgian representative with a sullen expression.
"What is the maximum denomination and the smallest denomination of currencies issued between countries!" the Belgian representative asked the Count of Argoux.
"My suggestion is that the maximum should not exceed 100 francs, and the minimum should not be less than 20 centimes!" Count Argoux replied to the Belgian representative: "Currency greater than 100 francs is inconvenient to carry! After all, one franc contains about 0.3 grams of gold. , 100 francs of gold must have 30 grams of gold! If you mint 200 francs, 300 francs of gold, you have to need 60 grams of gold, 120 grams of gold, then the gold coins must be bigger!
In this case, it is better to bring more gold coins.
And less than 20 centimes, the silver content is too little.
It’s okay to use it as a token in your own country, so don’t take it out! "
"I see!" The Belgian representative sat down again.
"Everyone, do you have any other questions you want to ask?" Count Argu asked everyone present again.
This time, no one was asking questions.
Then, the Count of Argoux continued: "Any country that joins the currency union can mint gold coins with a face value of 100, 50, 25, 10, 5, 1 francs, or 5, 2, 1 franc, 50, 20 centimes. silver coins!"
The representatives of various countries nodded one after another, and Count Argoux began to ask the representatives of each country which country was willing to join the currency union.
The Kingdom of Württemberg, the Kingdom of Belgium, the Kingdom of Sardinia and the Papal States expressed their willingness to join the Monetary Union, followed by Switzerland, Sweden and Naples, expressing their willingness to follow the French Big Brother.
Now only the Kingdom of Greece remains without any metamorphosis.
Since the vast majority of countries are willing to join the rules set by France, the Count of Argoux simply does not wait for a certain country.
After all, France is also a face-saving country.
Therefore, the Count of Argoux immediately decided to end the discussion of the Monetary Union meeting: "Okay! I will sign the Monetary Union agreement with you tomorrow, and I hope you can arrive at the Louvre on time!"
After speaking, Count Argoux did not care about the feelings of the representatives of the Greek kingdom at all, and turned to report to Jerome Bonaparte: "Your Majesty, we are over!"
"I see!" Jerome Bonaparte nodded in response to the Count of Argoux, then he got up and said to the representatives of the countries: "I'm very happy that you can stand here for the unification of the European currency!
This monetary union can be said to be the most progressive one in Europe since the Enlightenment. I believe that in the near future, all European monarchies will be able to establish the Swiss Confederation, which means embarrassingly a community with a shared future throughout Europe! "
After speaking, Jerome Bonaparte also received warm applause from everyone present Okay, everyone! We should also report this good news to the outside world! "Jérôme Bonaparte greeted everyone present to leave the Louvre.
The representatives of various countries followed Jerome Bonaparte and left the Louvre in a mighty manner. When they walked out of the gate of the Louvre, they were immediately squatted by the reporters who were guarding the Louvre.
However, the group of reporters were stopped by soldiers before they could reach Jerome Bonaparte.
"Let them come here!" Jerome Bonaparte waved his hand and said to the soldiers.
The soldiers obeyed Jerome Bonaparte's order and moved out of the way, and the reporter was able to approach Jerome Bonaparte.
"Your Majesty the Emperor, I'm a reporter from the National Daily! May I ask how far the currency alliance initiated by you this time has been in the conversation now! Can you please reveal it?"
"If I say there is no comment, then you are definitely not happy!" Jerome Bonaparte responded to the reporter of the National: "Now I can only tell you that the conversation between us Very happy! The time for the signing of the agreement is already approaching Chi Chi!"
"After the national newspaper reporter completed the questions, the royal newspaper "The Observer" also asked Jerome Bonaparte, but he did not ask the same questions as the National newspaper.
"The Observer asked Jerome Bonaparte how he felt, and Jerome Bonaparte also responded to the "Observer" in a very official way.
Immediately afterwards, Rastigne appeared again, and he said to the reporters with a serious expression that their question time has ended, don't hinder Your Majesty!
The reporter was obviously not willing to give up, so Rastigne immediately led someone to disperse the reporter.
Jerome Bonaparte took a deep look at Lastigne, and then led the representatives of various countries to the Tuin-leuri Palace.
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