Chapter 102: The Great Gold Mine of New South Wales (Ask for Support!) )

Although the Royal Relief Committee's new relief policy is somewhat unattractive compared to the previous free donations of goods, it has received a response from many of Australia's poor.

According to a survey by the Ministry of Livelihood, more than 1 million of Australia's nearly 4 million people have an annual income far lower than the current per capita annual income in Australia, and many of them are low-educated.

Many of these people were gold prospectors drawn to the surrounding region and Asia by the gold rush, attracted by their wealth, to faraway foreign lands.

I thought that I could get a lot of wealth through gold panning, but who would have thought that it would be just a void?

Although some people did make a fortune because of gold panning, most of them still looked poor.

What's worse is that compared with European immigrants, these people not only cannot integrate culturally, but even the level of knowledge is far inferior.

This is also the reason why they are the bottom of Australia's population, in the face of cultural differences, the gap in knowledge is extremely huge.

Although after decades of life, they have barely integrated in terms of culture.

However, the gap with European immigrants cannot be bridged in a short period of time, and most factories in Australia tend to choose European immigrants with good roots when faced with a choice.

This has also led to the fact that these people have always been at the bottom of Australia, not to mention the opportunity to turn over, and it is not easy to feed all the family members.

Fortunately, immediately after his coronation, Arthur set up a royal rescue committee to help all poor people in Australia.

This also allowed them to temporarily get food and clothing, and live one of the few happy lives after coming to Australia.

These people still support the new round of relief policies of the Royal Rescue Committee. After all, if they were to go out and look for work, they might not be able to find a better job than the one assigned to them by the Relief Committee.

By completing the work assigned to them by the Relief Committee on time, they not only receive food to fill their stomachs, but also receive a good salary.

Although the amount of wages is enough to reach the passing threshold of per capita income, it is also a good income for these low-income people.

It is precisely because of the support of these people that the new round of cash-for-work policy of the Royal Family Relief Committee will achieve good results.

In the 20 days after the National Day alone, more than 50,000 people have signed up for cash-for-work.

Most of these people are assigned to work in the local city, either to clean the streets, or to do some other odd jobs.

Although the income is not high, it can earn eight or nine pounds a year, and it is not a problem to support yourself.

Some of the young and able-bodied people were placed to work in factories. Although the work in the factory is more tiring, the money earned is also more.

Wages in factories generally exceed per capita income, with even the lowest-paid trainee earning £10 a year.

The participation of these people can also speed up the construction of industrial zones and major factories, and they can also earn the money they want, which can be said to be a win-win situation.

At the same time, the royal family can save on the high annual relief costs and use them where they are more needed, such as building nursing homes and orphanages.

Last year, more than £2 million was spent on these people, but the results were so good that the vast majority of Australians did not suffer from hunger.

Arthur's estate, February 3, 1902.

Not long after Arthur went into his leisure time, Prime Minister Evan hurriedly asked for an audience with absolute good news.

One of the first areas where gold was discovered, a gold mine was discovered in the south of New South Wales, also south of Sydney, and the estimated reserves are not small.

This is good news for Australia. Since the discovery of the Ballarat gold mine in Victoria more than 50 years ago, the second worldwide gold rush has led to a large number of immigrants and gold prospectors in Australia. Australia's gold mining industry also peaked for the first time during this time.

However, with the development of time, the discovered gold reserves became smaller and smaller, and the mining of gold entered a relatively flat stage.

Not only has it become less attractive to immigrants, but the production of gold mines has become scarce.

What's more, most of the gold mines before that were shipped to the UK mainland.

A lot of wealth went into the pockets of the British lords, and not much was available to Australians.

Although Australians were not oppressed and exploited by the British Empire after Arthur's coronation, the production of gold mines had become very small, and even after more than two years of accumulation, it was very scarce at the national level.

This is also the reason why Arthur has not promulgated his own currency for two years after his coronation.

In addition to the entrenchment of the pound and the impossibility of any currency replacing the pound in Australia anytime soon, the lack of enough gold in Australia to produce paper money is also an important factor.

Most of the currencies of this era were on the gold standard and could be exchanged directly for gold.

Take the British pound as an example, one pound is equal to 7.33 grams of gold, which is why the pound is worth a lot.

If Australia wants to issue its own currency, even if it is only for small use in Australia, it must have enough gold to exchange it at the equivalent price.

After all, although the credibility of the currency can be maintained for a short time by the prestige of the government and the royal family, it is the gold reserves that the country has that can really determine the value and longevity of the currency.

This sizable gold mine is now crucial for Australia to issue its own currency.

Even if it is not used to issue currency, this gold mine alone can cause another gold rush and attract more immigrants to Australia.

After learning the good news, Arthur immediately rushed to the place where the gold mine was discovered in the south of Sydney with Prime Minister Evan and a team of guards.

But the new gold discoveries aren't just in New South Wales. It's a gorge on the border between New South Wales and Victoria, but within the boundaries of the larger state of New South Wales.

The canyon is about two or three kilometers long and wide, and there is a small stream next to it.

In terms of the view, it's a nice place. But from the moment the gold was discovered, it was destined that the scenery of the area would be destroyed.

By the time Arthur arrived, most of the initial exploration had already been underway.

According to the reports of the explorers, almost the entire canyon has the distribution of gold deposits, and the deepest has been detected dozens of meters underground.

The first is to ask for support!

(End of chapter)