【摘要】 1916年，受中国银行、交通银行停兑波及，奉天爆发挤兑风潮。挤兑的发生固然有时局恐慌的原因，但实际是地区货币制度不完善的结果。为此，奉张政府与东三省官银号进行了紧急应对。官银号通过寻找小洋票代用货币、改发大洋票等办法，对其所发纸币进行调整，并促成了全省范围内的大洋本位改革；汇兑券的发行与奉天境内不予兑现的规定，从根本上避免了挤兑的发生。与此同时，奉张政府则借大洋改革的契机，排挤中交在奉分行，清理本地银行号及私帖，改变了货币发行权分散与政府管理缺位的问题，将币权集中于奉张政府手中。政银两方合力促成了民初奉天币制的重塑，形成了以大洋为本位，以官银号汇兑券为核心的货币制度，在顺应全国大洋改革趋势的同时，率先将不兑现纸币的构想落于实践，成为近代中国金属货币向信用货币转变的先声。更多还原

【Abstract】 The Fengtian banking crisis in 1916, triggered by the suspension of redemption by the Bank of China and the Bank of Communications, prompted coordinated monetary reforms by the provincial government and the Toong San Sang Government Bank. The Government Bank initiated a currency restructuring program by replacing the existing small-denomination notes with new silver dollar banknotes, thereby facilitating the province-wide transition to the silver standard. Furthermore, the introduction of nonredeemable exchange certificates effectively mitigated the risk of subsequent currency crises. Concurrently, the government consolidated monetary sovereignty by revoking private currency issuance rights previously held by banks, silver bureau, and merchants. These institutional innovations not only resolved the immediate crisis but also created a distinctive regional monetary system that characterized Fengtian’s financial development during the Republican period.更多还原