北洋时期政府公债管理的嬗变——以内国公债局为中心(1914—1927)  

The Issuance and Management of Public Bonds during the Period of the Beiyang Government:Centered on the Inland Government Bond Bureau(1914-1927)

作　　者：刘杰[1,2] Liu Jie

机构地区：[1]湖南师范大学历史记忆与社会意识研究中心 [2]南昌大学人文学院历史系

出　　处：《历史教学(下半月)》2024年第12期9-22,共14页History Teaching

基　　金：国家社科基金“近代长江中游地区货币史料搜集、整理与研究(1861—1937)”(项目编号:23BZS119)阶段性成果。

摘　　要：内国公债局因北洋政府发行民国三年公债而组设。后因北洋政府公债管理事务的变动,其经历裁撤与重组的过程。北洋时期财经界重要人士梁士诒在内国公债局的建立与运行制度设计上发挥了关键作用。从近代公债管理制度设计上看,这一组织的建立与运行具有一定的制度性创新。内国公债局在民国初年政府公债承销、到期公债偿还以及公债偿债基金管理上作用较为显著。随着1921年北洋政府在财政上进行大规模公债整理,海关关税成为公债发行担保及偿债基金的主要来源。政府公债管理之权渐由海关总税务司安格联掌控,内国公债局所起的作用日趋弱化。20世纪20年代因国内政局变动频繁与国家财政综合信用的缺失,内国公债局在公债管理以及塑造政府债务信用上的作用与影响逐渐式微。The Public Debt Bureau was established due to the issuance and management of the Beijing Government's three-year public debt. Due to changes in government debt management affairs, they experienced withdrawal and reorganization. From the perspective of the design of the financial public debt management system, the establishment and operation of this institution have made some institutional innovations in the management of the late Qing government debt.It played an important role in the issuance and management of government debt in the early years of the Republic of China. In particular, it has achieved remarkable results in promoting the underwriting of public debt and the management of sinking funds.With the advancement of Beijing government's large-scale public debt consolidation in 1921, as tariffs became the main source of public debt issuance guarantees and debt service funds, the power to manage public debt was gradually controlled by the General Taxation Department of the Customs and Excise Department, and the role played by the domestic public debt bureau Increasingly weakened..During the Beiyang warlord melee, due to the lack of government politics and fiscal credit,the role and influence of the public debt bureau on public debt management and the shaping of government debt credibility gradually declined.

关 键 词：公债 北洋政府 内国公债局 梁士诒 

分 类 号：K25[历史地理—历史学]