My British Empire

Chapter 396 Combined Mint

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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.

With the exception of the Army and Navy, the Guards and Guards are not under the command of the Army Command Council, but directly under the Hall of Crown Affairs.

Thus, the Central Government of the United Kingdom was officially born.

On December 16th, William Selsey officially took office as the Speaker of the Privy Council of England, replacing the previous Faris Alexander.

On the same day, the Earl of Argyll formally replaced the Earl of Arran, who had been elderly before, as the Minister of State for Scotland.

At the same time, Edward appointed Sir John, the former Minister of Royal Affairs, as Minister of State for Wales, 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, the members of the joint parliament were also selected from the major parliaments, and the joint parliament was formally established.

The next day, December 17, he assumed the post of Prime Minister of the United Kingdom and concurrently served as Speaker of the House of Lords and Speaker of the United Parliament.

The Earl of Argyll, the Minister of State for Scotland, officially took up 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 proclaimed 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 established 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 formally established.

But for so many days, Edward has been receiving nobles and city representatives from all over the country non-stop.

If he meets someone who looks pleasing to the eye and has good abilities, Edward will invite him to serve in the Central Committee of the United Kingdom.

As a result, thousands of people were interviewed in the past ten days, and only a few dozen people could be seen. Among them, there were only five truly talented nobles who had the potential to become cabinet ministers.

Among them, three of Wales, one of Scotland, one of England, and none of Ireland were wiped out.

These five people, Edward tested and determined that they still have some abilities, so they were appointed as local sheriffs one after another.

As a result, the hearts of the nobles in the entire United Kingdom suddenly warmed up, and the appointment to see the king has been scheduled until next year.

However, the nobles, 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 earlier, 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 folk use, including shillings and pence, are all made of silver, and the decline in the price of silver has directly led to the shrinking of the wealth in the hands of the common people.

It used to be one penny per loaf, but now it has grown to two pennies, and prices have 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.

However, 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.

The inability of silver coins to hold their value for a long time prompted some people to prefer to melt new, unworn silver coins into silver bullion in exchange for more stable gold or even foreign currency.

If it continues and is ignored, as commerce develops, the old currency will gradually lose its value due to wear and tear, and the new currency will be abandoned because it is not trusted.

Under the influence of two reasons, the quantity 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, and even foreign silver coins 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, it is 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 production of local mints.

Sir George, who had been appointed Master, was promoted to Master of the United Kingdom Mint, and another was chosen by the English Mint.

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 very old-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 is the new coinage?"

Sir George carefully accompanied him, and when he heard His Majesty's question, he quickly said:

"Your Majesty, due to the establishment of the United Kingdom, I ordered someone to build a new batch of templates that have already been made. Please check them out!"

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.

Among them, 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 is at the middle level.

Silver and gold coins bear his and Queen Mary's portraits on both sides.

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