Abstract: In order to prepare for local emergencies and public affairs, the Qing government established the system of storing silver in Financial Commissioner’s Treasury. During the Kangxi and Yongzheng Reigns, the reform was planned and put into practice. In the Qianlong Reign, the government continually adjusted the amount of silver reserves according to the situation of state finances and local funds. But during the Jiaqing and Daoguang Reigns, increasing expenditures exhausted almost all the silver reserves. To replace the original allocations, the Qing government accepted donations as a method to raise funds. However, due to the deterioration of state finances, the replenishment of stored silver was continuously postponed. As the silver reserve was depleted, and the revenue from donations declined,the system eventually collapsed in the Xianfeng Reign.