Chapter 77 Expansion of Military Factories and Shipyards (Subscribe Please!)
These loan businesses, in total, borrowed more than 500,000 pounds of funds from the Royal Bank, while the deposit business only brought the bank 90,000 pounds of cash.
If Arthur's assets were not so rich, he would probably not be able to support such a huge consumption.
The good news is that with the investment of this huge amount of money, Australia is likely to give birth to a group of petty bourgeoisie, farmers or other shop owners in the future.
With enough start-up funds, Australia should have a wave of 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 the branches in other states be opened? At present, the response of the Royal Bank in Sydney is very good, and it is time to promote the branches to other states." Arthur read the report, put it on the table, and then looked at Butler Hunter next to him and asked with a smile.
"Because the other states are far away, the opening time is also different. But what can be determined is that within the next three months, the branches of the Royal Bank in other states will also open one after another." Butler Hunter reported with a smile.
The bank has no requirements for construction and decoration. It only needs to find vacant houses on streets with a large flow of people for renovation.
The only requirement is the vault for storing funds. The Royal Bank adopts a strategy of multiple large safes and heavy guards.
Although it cannot compare with various advanced monitoring systems and security in the future, if you want to rob the bank's funds under such defense, in addition to strategic weapons like Yan Shuangying, you can only send out large-scale troops.
But the problem is that neither Yan Shuangying nor large-scale troops can appear on the land of Australia now.
"The records of deposits must be careful, and as many backups as possible should be left. I don't want any mistakes to happen in our bank, otherwise it may lose the reputation of the royal family." Arthur instructed.
Once the most fundamental interests such as money are involved, disputes are easy to cause hatred.
Arthur does not want the bank he has worked so hard to establish to eventually become a weapon to destroy his reputation, causing great losses to his status and the prestige of the royal family.
"I understand, Your Highness. In addition to the bills given to each user, our bank will also keep three bills, which are stored in the local bank, the head office and the database. We will try our best to prevent any mistakes from happening. Once an error occurs, we will solve it as quickly as possible." Butler Hunter nodded and replied.
Banks, which involve large amounts of funds, are bound to make some mistakes. Although Arthur said that he would try his best to avoid mistakes, he also knew in his heart that as long as bank employees are human, they will always make mistakes one day.
Compared with not making mistakes, how to properly handle them after they happen is also very important.
"The presidents of each branch must also select loyal talents. The Royal Bank will be an important institution for us to coordinate the Australian economy in the future, and it must not lose its credibility in the hearts of the people." Arthur reminded.
When mistakes occur, the crowd will not care who made the mistake. Because it is the Royal Bank, Arthur and the royal family will be the ones to take the blame.
"Yes, Your Highness. The branch selects the guys who followed us to Australia, and their loyalty is still very reliable." Butler Hunter explained.
It has to be said that Arthur's father, Duke Arthur, not only left Arthur a huge legacy, but also many loyal and reliable officials who were also very valuable assets.
Their loyalty was originally to Duke Arthur, and now it will only be to Arthur. Compared with other people, their loyalty is still very reliable.
"That's good, Butler Hunter. Don't forget the construction of shipyards and military factories. After a while, aid from Britain and Germany will arrive, and our military factories and shipyards can also take the opportunity to expand. When the military will have an order, you let the military factories and shipyards prepare in advance." Arthur nodded with satisfaction and said.
With the arrival of aid from Britain and Germany, Australia's industrial development will also enter a rapid stage.
Especially for Arthur's military factories and shipyards, after the technical support from Germany and Britain, the expansion of the two factories is an inevitable trend.
Whether it is the production line of the Gew rifle or the cannon technology from Germany, it is a valuable material that can be used for reference and learning for military factories.
And the military factories that have mastered these technologies will also become the most reliable source of weapons and equipment for the Australian army.
Needless to say, the shipyard was originally an advanced shipyard moved from the UK. Although it is small-scale, it also has the ability to independently build small warships.
After absorbing naval technical assistance from the UK and Germany, the shipyard also has the hope of expanding into a large shipyard, with the qualifications to build the strongest main battleships and battleships.
"Yes, Your Highness. I will let the military factory and shipyard prepare." Butler Hunter said.
"By the way, Germany's aid this time also includes drawings and information of the Brunswick-class battleship. Now we can start to increase the workers and technical experts in the shipyard. I hope that after the German naval aid arrives, we can master their shipbuilding technology and this powerful battleship as quickly as possible." Arthur remembered something and quickly added.
Compared to other naval aid from Germany, the drawings and materials of the Brunswick-class battleship are definitely the most important things.
If Australia can quickly master the construction technology of this battleship, it may be able to receive several battleship production orders before the birth of the dreadnought.
Hearing what Arthur said, Butler Hunter was a little surprised, but he quickly reacted and replied: "I understand, Your Highness. When I go back, I will immediately order the shipyard to quickly expand the staff size and wait for the arrival of German aid."
"There is another task, Butler Hunter. Organize people to go to Europe and the United States to find scientists who are frustrated due to lack of research funds. Australia can provide them with sufficient research funds and venues. The requirement is that they must serve Australia for ten years, and then they can choose where to go." Arthur continued to order.
For European countries where the education industry is already very developed, not every scientist can get enough research and development funds they want.
This has also led to a large number of scientists falling into debt and frustration, and it is the best time for Australia to help them.
Although these people may have been forced to come to Australia because of research and development funding issues.
They may not have a high degree of recognition of Australia, or even no recognition at all.
This is why Arthur set a ten-year service period. If the time is longer, the benefit to Australia will be greater.
But it will also cause many people to give up this option because they have served other countries for a long time.
In fact, ten years is not a short time. Living in any country for ten years, as long as you don’t encounter any bloody things, you will basically develop feelings for this country. This is Arthur’s purpose.
Second update, please subscribe! Happy New Year, brothers, thank you for your support. There will be updates in the afternoon, I’m going to sleep first.