On 111 years ago today, February 7, 1914 (January 13, 1914 in the lunar calendar), the Beijing government unified the currency system. Paper notes issued by Bank of Communications Shanghai Branch in 1914 On February 7, 1914, Yuan Shikai's government promulgated the "National Currency Regulations", which adopted the silver standard system."Kuping sterling silver is six coins and four cents and eight cents as one yuan, with a total weight of seven coins and two cents, silver nine copper one", stipulating that "the right to minting national currency belongs exclusively to the government", and the implementation rules stipulated that "all public funds must be in national currency." Coined new coins (Yuan Datou) were exchanged for various silver dollars to implement unified currency systems.