Chapter Seventy-Six: Expansion of Munitions Factories and Shipyards (Subscription Requested!) )

Together, these loans borrowed more than £500,000 from the Royal Bank, while the deposits brought in only £90,000 in cash.

If it weren't for Arthur's assets being too rich, I am afraid he would not be able to support such a huge consumption.

The good news is that with this huge amount of money, there is a good chance that a group of petty bourgeoisie, farmers and other shopkeepers will be born in Australia in the future.

With enough start-up capital, Australia should see a boom in entrepreneurship in the future.

These people can also drive Australia's economic development and provide more income for Australia and Arthur.

"Butler Hunter, when will branches in other states be able to open? The response from Royal House Bank in Sydney is very good, and it's time to push the branch to other states. After reading the report, Arthur put it on the table, then looked at Steward Hunter on the side, and asked with a smile.

"Because of the distance in other states, the opening time is also different. However, it is certain that in the next three months, branches of the Royal Bank in other states will also be opened. Steward Hunter reported with a smile.

Banks don't have any requirements for construction and renovation, they just need to look for vacant houses to renovate on streets with high foot traffic.

The only thing that some require is a vault where the funds are stored. The Royal Bank used a strategy of multiple large safe deposit boxes and heavy military guards.

Although it can't compare with various advanced monitoring systems and security in the future, if you want to snatch the bank's funds under such defense, in addition to strategic weapons like Yan Shuangying, you can only send large-scale troops.

But the problem is that neither the Yan Shuangying nor the large-scale forces can appear on the soil of what is now Australia.

"Keep careful records of your storage and keep as many backups as possible. I don't want anything to go wrong with our bank, or we risk losing the prestige of the royal family. Arthur instructed.

When it comes to the most fundamental interest, money, it is easy to have disputes that lead to hatred.

Arthur did not want the bank he had worked so hard to establish end up being a weapon to ruin his reputation, causing a huge loss of his position and the prestige of the royal family.

"I understand, Your Highness. In addition to the notes given to each user, our bank will also keep three copies of the bills, which will be stored in the local bank, head office and database. We will try our best to prevent any errors from occurring, and if they do occur, we will solve them as quickly as possible. Steward Hunter nodded and replied.

Institutions such as banks, which involve large-scale funds, will inevitably make some mistakes. Although Arthur said that he would try not to make mistakes as much as possible, he also knew in his heart that as long as bank employees were human, there would always be a day when they made mistakes.

It is also very important to deal with mistakes properly rather than not making mistakes.

"The presidents of each branch should also choose loyal talents. The Crown Bank will be an important institution for us to coordinate the Australian economy in the future, and we must not lose credibility in the hearts of the public. Arthur reminded.

When something goes wrong, the crowd doesn't care who made the mistake. Because it is the royal bank, it will be Arthur and the royal family who will bear the blame at that time.

"Yes, Your Highness. The guys who came to Australia with us are all selected at the branch, and their loyalty is still very reliable. Butler Hunt explained.

It has to be said that Arthur's father, Duke Arthur, in addition to leaving Arthur a huge legacy, many loyal and reliable officials are also very valuable assets.

Their allegiance turned out to be Duke Arthur, and now it will only be Arthur. Compared to others, their loyalty is still very reliable.

"That's good, Steward Hunter. Do not forget about the construction of shipyards and military factories either. In a short time, aid from Britain and Germany will arrive, and our military factories and shipyards will be able to expand. When the time comes, there will be an order from the military, and you have military factories and shipyards prepare in advance. Arthur nodded in satisfaction and said.

With the arrival of British and German aid, Australia's industrial development will also enter a rapid phase.

Especially for Arthur's military factories and shipyards, the expansion of the two factories was an inevitable trend after the technical support from Germany and England.

Whether it is the production line of Gew rifles or the cannon technology from Germany, it is a valuable material for military factories to learn from and learn.

And military factories that have mastered these technologies will also become the most reliable source of weapons and equipment for the Australian army.

Shipyards, of course, don't need to say much. The advanced shipyard that was originally relocated from the United Kingdom, although it was only on a small scale, also had the ability to build small warships independently.

After absorbing naval technical assistance from Britain and Germany, the shipyard also has the hope of expanding into a large shipyard with the qualification to build the battleship, the strongest capital battleship available today.

"Yes, Your Highness. I'll get the military factories and shipyards ready. Butler Hunt said.

"By the way, Germany's aid this time also includes drawings and materials for the Braunschweig-class battleships. Now it is time to start increasing the number of workers and technical specialists at the shipyard. I hope that by the time German naval aid arrives, we will be able to master their shipbuilding skills as quickly as possible, as well as this formidable battleship. Arthur remembered something and hurriedly added.

Compared to other German naval aid, the drawings and materials of the Braunschweig-class battleships were absolutely the most important thing.

If Australia can quickly master the construction technology of this battleship, it may be able to receive several orders for the production of battleships before the dreadnought is born.

Butler Hunt was a little surprised to hear what Arthur said, but he quickly reacted and replied, "I understand, Your Highness." When I got back, I immediately instructed the shipyard to rapidly expand its staff and wait for German aid to arrive. ”

"There's one more mission, Butler Hunt. Organize people to travel to Europe and the United States to find scientists who are frustrated by a lack of funding for their research. Australia can provide them with sufficient research funding and space, and the requirement is that they must play for Australia for 10 years, after which they can choose where to go. Arthur continued.

For European countries, where the education sector is already very developed, not every scientist can get the enough R&D funding they want.

As a result, a large number of scientists are in debt and despair, and it is the best time for Australia to help them.

Although these people may have been forced to come to Australia simply because of R&D funding issues.

They may not have a high level of recognition for Australia, or even no recognition at all.

That's why Arthur has set a ten-year spell. If it takes longer, the benefits to Australia are even greater.

But it can also lead to many people who give up this option because they have been playing for other countries for a long time.

In fact, ten years is not a short time. If you have lived in any country for ten years, as long as you don't encounter any bloody things, you will basically have feelings for this country. Arthur was also for this purpose.

The second more, ask for subscription! Happy New Year, brothers, thanks for the support. There is an update in the afternoon, so I slept first.

(End of chapter)