1904 was a calm year for Italy. During the year, the Italian economy grew rapidly, reaching 7.4% for the year.

The main reason for this growth of the Italian economy is the rapid development of the Italian automobile industry, the petrochemical industry, and related industries.

Especially in the automobile manufacturing industry, for example, the manufacture of automobiles drives the development of related industries such as steel, leather, wood, and rubber, after all, automobile manufacturing needs to use these industries, so these industries have also been fully developed under its drive.

One more thing to say here, because of the development of the automobile manufacturing industry, the rubber planting industry as a component of the automobile has also been developed, especially in the price of rubber, which has been fully reflected. The price of rubber in London has risen from 1 shilling 2 pence per pound at this time last year to 1 shilling 9 pence per pound now.

In addition to the large amount of rubber needed by the automobile manufacturing industry, there are also reasons why the growth of global rubber is not enough to meet the demand. It is important to know that rubber trees only start to produce rubber after 6-7 years of growth, which means that the yield of rubber is heavily delayed. At present, the world's largest rubber production is Italian Borneo. The region accounts for 47% of the world's rubber production. It can be said that the production of rubber in Borneo determines the price of rubber in the world.

The increase in rubber prices, in a sense, can also be regarded as an increase in the Italian Borneo colony, and presumably there will be a higher increase in the fiscal revenue of the Italian Borneo government this year.

In addition, the development of the internal combustion engine industry, mainly in the automobile manufacturing industry, has also led to the growth of Italy's petrochemical industry. Last year, Italy extracted 2.4 million tonnes of oil in Libya, making it Europe's largest oil seller. The extracted oil is sent by oil tankers to the mainland for refining, and then the refined oil and some crude oil are sold to European countries.

In addition to selling oil in Europe, the Balikpapan oil fields in the Borneo colony supplied crude oil and refined oil products to the Far East. As the largest oil field in the South China Sea and even in the Far East, the oil from the Balikpapan oil field and Standard Oil supply the Far East as soon as it arrives.

According to the Italian oil company, in the whole of 1904, the company sold a total of 127 million lira worth of petrochemical products, making a profit of 71 million lire.

The development of Italy's petrochemical industry has also promoted the development of another industry, that is, diesel engine related industries. As a major branch of the internal combustion engine, although the diesel engine has not been as eye-catching as the gasoline engine in recent years, it has also developed slowly. At present, diesel engines have been used in mines in various countries, electricity, ship power, agricultural irrigation and other aspects of society.

At present, more than 90% of the world's diesel engines come from the Naples Machinery Factory. So don't look at the factory's reputation outside, but it is definitely famous in the industry. Recently, the Naples mechanical plant is also preparing to enter the field of vehicle manufacturing, not knowing whether it is influenced by Fiat Automobile.

However, it may know the shortcomings of its main product, the diesel engine, so Napoli intends to use the characteristics of the diesel engine to start with agricultural tractors and special vehicles for engineering.

After all, these two industries don't care about noise and jitter, but pay more attention to high horsepower, big twist, and full stamina.

In addition to the Fiat company, the Naples Mechanical Factory was able to have such an idea, thanks to the continuous efforts of the Milan Power Laboratory to miniaturize the diesel engine. After several years of research, the Milan laboratory finally came up with a reliable small diesel engine.

It was these miniaturized diesel engines that allowed the Naples Mechanical Works to place them on special vehicles, as well as on tractors for agricultural farming.

And it is driven by these industries that Italy's industrial strength will be greatly improved. As far as the Italian steel industry is concerned, Italy's industrialization has increased the demand for steel in recent years, so the current Italian steel mills are living well. Every year, the steel produced is procured out. This year, Italy's total steel production was 4.83 million tons, of which 214 tons were steel and 2.69 million tons were iron.

It seems that there is a lot of progress, but it is still not enough for the consumption of the country.

The main problem that currently restricts the Italian steel industry is that coal and iron are not in one place, the two are too far apart, and Italy's only large iron-rich mine, Sabha iron ore, is stored in the interior of Libya, and the external transportation depends on a Cze-Su railway that crosses the desert Gobi.

At present, only by solving the constraints of rail transportation in Serbia and Suzhou can the increase in Italian steel production be expanded. In fact, there is another way, and that is to purchase coal and iron ore from other countries. This advice is not a good option for Rome, but it can be a contingency. After all, the Ruhr's coal and iron mines are separated from Italy by a Switzerland.

In addition to iron ore, Italian coal production also reached a new record this year, reaching an all-time high of 26.8 million tons in 1904. Although this output is a bit embarrassing among the great powers, it is already a good effort for Italy. Whoever left the Apennine Peninsula without a single coal mine, if it weren't for the discovery of a lot of coal resources in Kosovo and Albania, this mine would not have existed.

There is no way, who made Italy a mine.

Italy lacks minerals, but it does not lack population, with a total population of 38.17 million, an increase of 1.7 million compared to five years ago. The Italians' family-oriented mentality has kept their population growth at a high level for a long time. Perhaps only the use of universal contraceptives and high housing prices can make Italians lower their fertility rates.

And such a large population is a huge pressure for Italy, which knows that this year, Italy's total grain production is 8.15 million tons, with an average of 213 kilograms of grain per person. This is definitely not enough to eat, so every year Italy needs to spend a lot of money to purchase a large amount of food.

It can be said that the food problem is very crucial for Italy.

Of course, food is a very serious problem, but at present, Italy does not have a very good way, so it can only take one step at a time.

Of course, we can skip the issue of food for the time being.

According to statistics, Italian industry currently occupies a 4.2% share in the world, although this may seem inconspicuous, but it is already very good, you must know that Austria-Hungary only occupies 4.4% of the share, and France only has a 6.1% share. As for the United States, Germany and the United Kingdom, the weather is good today, and we can talk about something else.

Italy's industrial growth, of course, also brought benefits, and in 1904, Italy's total annual fiscal revenue reached 2.419 billion lira. Such a high financial income is thanks to the development and growth of the electrical revolution in Italy. In order to achieve a higher growth in its fiscal revenue.

And more fiscal revenue, naturally so that the Italian government has more funds at its disposal, which can provide more benefits for the Italian people.

However, Italy's peaceful life will not be long.