Chapter 488: Splitting up the royal consortium

In the construction of the new palace, Arthur did not consider the construction of underground bomb shelters, or underground security bases, but it seems that there is not much need for them at present.

First of all, the island chain on the periphery of Australasia has determined that it is basically impossible for foreign aircraft to enter the mainland of Australasia.

If Australasia's homeland is really threatened, then Australasia must be facing a great war, or even a full-scale nuclear war.

Not to mention how far away it was from now, even if an underground air defense base that you think is safe is built now, it may not be able to stop the attack of weapons at that time.

In particular, with the development of science and technology, various anti-radiation materials will be slowly invented for air-raid shelters specially designed to prevent nuclear weapons.

It is better to wait until the radiation protection materials are mature in the future to build a perfect underground base, not to add some unnecessary pressure to the construction of the royal palace now.

After a few days of inspection at Fort St. Arthur's, Arthur finally relented and decided to return home.

There are a few more important things to deal with next, which also makes Arthur not have much free time, and he is not even in the mood to travel in the mountains and rivers.

It was already the end of March when he successfully returned to Sydney, and Arthur had just arrived at the palace on the front foot, and the butler of Kent had already asked to see him.

"Butler Kent, what's going on?" Arthur asked with a little curiosity.

As the grand steward of the entire royal palace and the real controller of the royal consortium, the steward of Kent is no less than Arthur's.

And the royal consortium was able to develop into a huge enterprise that is currently rich and rivaled, and the hard work and dedication of the Kent butler are absolutely indispensable.

"Your Majesty, the royal consortium has developed to its current state, and I think it's time to break it up." The Kent butler said with a formal face and a little seriousness.

"Split? Why so suddenly? Arthur was suddenly stunned and asked curiously.

"Your Majesty, the royal consortium owns thousands of factories and enterprises, and the number of employees has exceeded a million. It's not easy to have such a scale, but the royal consortium shouldn't have such a scale. As your apparent industry, the size of the royal consortium needs to be reduced to at least one-third of its current size to be more acceptable. The Kent butler explained.

The development of the Crown Consortium covers Australasia's minerals, steel industry, petroleum, automotive industry, aviation industry, military industry, shipbuilding industry, agriculture, animal husbandry, light industry and food industry, which can be said to be closely related to the life of Australasian people.

While this may seem powerful, the moral behind it is terrifying.

The royal consortium controlled almost every aspect of the country, and there may have been no problems during Arthur's reign, but there will certainly be problems in the future.

After all, it is no joke to be fearful, not every monarch has such a high reputation as Arthur, and not every prime minister is as loyal as the Prime Minister of Kent.

"Do you have any plans? Kent butler? Arthur nodded, approving the Kent butler's plan to split up the royal consortium.

"Your Majesty, from the overall situation, we will at least split the royal consortium into 3 or 4 large consortiums, the royal consortium will only retain the military industry, shipbuilding and banks, and all the others will be divided into new consortiums, and it seems that they will have nothing to do with the royal family." The Kent butler sometimes hesitated and laid out the plan in his heart.

Military, shipbuilding, and banking are definitely among the most important industries of the royal consortium. Needless to say, several military factories and shipyards have mastered the most advanced military technology in Australasia, which the royal consortium cannot give up.

In addition, the Royal House Bank is currently the largest bank in Australasia, with users far exceeding the few idle banks and the national bank recently established by the government.

The royal consortium with the military industry, shipbuilding industry and the royal bank can already be regarded as one of the giants of Australasia, and the assets of the royal consortium on the surface are completely sufficient.

As for the remaining factories and enterprises in various messy industries, which are divided into three or four large and small consortia, Arthur only needs to control them secretly and launch a clear controller to completely separate them from the royal consortium.

But it still belongs to Arthur's inheritance, but it seems that the royal family's fortune is not so exaggerated and not easily envied.

Another important reason for splitting the royal consortium is that the current royal consortium is too large and it is not easy to manage.

As the de facto manager of the royal consortium, the Kent butler has a deep understanding of this. Dealing with the affairs of the royal palace and the consortium at the same time exhausted the Kent steward.

This time, taking the opportunity of requesting the breakup of the royal consortium, the butler of Kent also wanted to resign from his position as the head of the royal consortium, and serve the Arthur family in the few remaining days as the steward of the royal palace.

Arthur pondered for a moment, but finally agreed to the proposal of the Kent butler.

On April 1, 1919, the break-up of the royal consortium officially began.

All enterprises, with the exception of the military, shipbuilding and banks, changed their names and abolished the word royal.

This also means that these companies have nothing to do with the royal consortium on the surface, and they will have their own heads in charge or merge into other consortiums.

Within a few days, several large Australasian consortia were formed.

The steel industry formed a separate heavy industry group, the agriculture and animal husbandry industry formed a joint group, all oil companies merged into the Royal Petroleum Company, and the name was changed to the Australasian National Oil Company.

As for the various enterprises and factories invested or established by the royal consortium, all the names have also been changed, and the royal or royal titles have been cancelled.

The unified explanation given by the royal consortium is that some property is divided because of financial problems.

Coupled with the propaganda department's comprehensive control of the news, there is no bad news coming out.

Even the people are still spreading the story that because the royal consortium spends too much money to help the poor class every year, causing some enterprises to fall into a state of loss and debt, they have to be cut, so that Arthur has invisibly earned a lot of prestige.

And the original behemoth royal consortium has also become a royal consortium that has nothing to do with it, heavy industry groups, joint groups and major enterprises.

For example, the more famous Benz Automobile Plant and Diesel Engine Research Laboratory, which still retain their original names.

After all, Benz and Diesel have a good reputation in Australasia, and most people think that the bosses of these two companies are Benz and Diesel.

The public watched the news reports that the royal consortium was left with only the military industry and banking business, and even asked for a reduction in the welfare of citizens to give the royal consortium a sigh of relief.

Arthur naturally rejected this, after all, really smart people naturally know what is going on, and using such an excuse to reduce welfare benefits will not be able to contain the fire after all.

What's more, Australasia's current welfare package is an important guarantee to attract immigrants. Although at least 2 million immigrants are received from Russia every year, the ethnic composition of the country is unhealthy if it relies solely on Russian immigrants.

As a nation of immigrants, Australasia welcomes immigrants from Europe and beyond, but it also needs to have a clear understanding of its ethnic makeup.

As the main ethnic group of Australasia, British people are the unchangeable foundation and the guarantee of Australasia's stability.

Of the more than 20 million people in Australasia, the British population accounts for just over 10 million, barely exceeding 50%.

After catching up with the Russian population in recent years, the proportion has approached 40%, that is, about 8 million people.

This also means that without any restrictions on immigration, the proportion of Russians will soon surpass that of British, which is not necessarily a good thing for the stability of Australasia.

Only the introduction of a large number of British immigrants can maintain the balance of ethnic proportions and the balance of the country in Australasia.

Not long after the breakup of the royal consortium, Arthur attended the opening ceremony of the Noble United Bank, which is the Noble United Bank.

The new aristocracy is definitely a rising star in Australasian politics, and it is watched by everyone in Australasia.

With a total investment of $3 million, Noble United Bank is the largest investment of the Noble United Consortium and the third largest investment bank in Australasia.

However, with the suppression of the royal consortium, the opening of the Noble Union Bank did not make a big splash.

After all, the royal bank alone has more than 8 million users, and there is no hope that any other bank will catch up except for the national bank established by the government.

The National Bank is the bank that pays the salaries of all officials and some workers, and the total number of users is also as high as more than 5 million.

In addition to these two mega banks, the largest before the establishment of the Noble Union Bank was the bank set up by European capitalists, but it also had less than 1 million users.

More than 100 new aristocrats from Australasia were also present to attend the inauguration of the Union Bank.

All of them were smiling, after all, the profit and loss of Union Bank is also related to the amount of dividends they pay, and the larger the size of Union Bank, the greater the interest they have.

Union Bank currently only has its head office and branches in Sydney and Melbourne, after all, the expansion of the bank is not so easy.

After all, Union Bank is not an official power such as the royal family or the government, and if it wants to have more users, it will inevitably have to compete with other small and medium-sized banks.

As the two largest cities in Australasia, Sydney and Melbourne undoubtedly have the greatest opportunities to develop.

If Union Bank can gain a foothold in Sydney and Melbourne, it will have the capital to expand out of Sydney and Melbourne and open branches in the capital cities of each state.

Before that, it is better to lay a solid foundation, operate honestly for a few years, and slowly have a group of old customers.

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(End of chapter)