I would like to correct that gold bars and silver dollars were collected and exchanged by the national government on a large scale during the implementation of the legal tender policy 1935 and the gold coupon policy 1948 before liberation, not after liberation. Rmb was issued on 1 948 65438+February1day. Unlike legal tender and gold certificates, it is not linked to the silver standard. In order to prevent the massive outflow of silver, the national government implemented the legal tender policy in 1935, forbidding the circulation of silver dollars, and exchanged silver dollars according to the ratio of 1 legal tender exchange 1 silver dollar. By the end of 1935, the central bank had no less than 330 million silver dollars. However, silver dollars are still circulating in Democratic Progressive Party. 1948, legal tender was on the verge of collapse, and the national government decided to replace legal tender with gold certificates. People are also forbidden to own gold, silver and foreign exchange. People must exchange their hard currency, such as gold, silver and dollars, into gold certificates, and those who circulate privately will be sentenced to death! This is the last time that the National Government plundered the common people before withdrawing from the mainland. After only 48 days of implementation, the Golden Circle Voucher became invalid, and millions of urban residents lost their blood! 1May, 949, Shanghai was liberated. In order to take care of the urbanites with golden coupons in their hands, the China * * Production Party exchanged RMB for golden coupons at a ratio of 65,438+10,000 1. Remember, it's a gold coupon, not silver and gold.

At the end of 1949, the Kuomintang was not willing to fail. It used hidden spies and profiteers to drive up the price of silver dollar, with the intention of squeezing the RMB, and the market price of silver dollar soared! This is why Chairman Mao and his old man called the Battle of Silver Dollar the Huaihai Campaign.

1950, after the China people won the silver dollar war in Shanghai, the China government announced to the whole country that people can hold gold, silver dollar and foreign exchange, but they can no longer use it as currency.

As for the gold, silver and US dollars redeemed by the National Government, they were shipped to Taiwan Province Province in batches in April 1949, that is, before the liberation of Shanghai, with a total amount equivalent to 4 million taels of gold. These gold and silver will become the reserves of the new Taiwan dollar in the future. At present, the Central Bank of Taipei has about 654.38+0.2 million yuan left.