Marcy 29.1904-Approved the establishment of China's first government-run banks
March 29, 1904 (February 13) Jiachen, a government-run bank in China approved the establishment.
1904 3 29, the Qing government approved the establishment of the Ministry of bank. Bank
Ministry of the Qing government established the first government-run bank. Capital to prepare for the library level silver 400 million two, divided into 4 million shares, the Ministry of subscription half, the rest of the quasi-official China people buy. After the country shares, supplier shares have been fully paid. The head office is located in Beijing, to set up branches in Tianjin, Shanghai, Hankou, Jinan, Zhangjiakou, Mukden, Yingkou, Cullen, Chongqing 9. Addition to operating the store put the proceeds and the sale of gold and silver, collapsible promissory notes, foreign exchange allocation of public and private monies, property and general banking store on behalf of the people, and the Order of the collar contention copper coinage and notes issued by the agency department library privileges. Notes issued by sub-library level silver 100 two 50 two 10 two, two, etc. 5 silver tickets and similar denominations silver dollar votes; addition, you can flat color, and more than two hundred drafts issue of market access and a variety of notes.
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