Chapter 76: Expansion of the Military Factory and Shipyard (Please Subscribe!)

Chapter 76: Chapter 76: Expansion of the Military Factory and Shipyard (Please Subscribe!)

Translator: 549690339 |

These loan services, all in all, borrowed over half a million pounds from the Royal Bank, while the deposit service only brought in ninety thousand pounds in cash.

If it weren’t for Arthur’s abundant assets, he might not be able to support such a large consumption.

The good news is that with this huge investment, Australia is likely to give birth to a group of middle-class people, like farm owners or other shop owners in the future.

With sufficient start-up funds, Australia is expected to experience a surge of entrepreneurship in the future.

These people can also drive Australia’s economic development, providing more income for Australia and Arthur.

“Hunter Steward, when can the branches in other states start to operate? The Royal Bank is doing quite well in Sydney, it’s time to extend the branches to other states.” After reading the report, Arthur puts it on the table, looks at Hunter Steward and asks with a smile.

“Due to the distance of other states, the time of commencement varies. However, it is certain that all branches of the Royal Bank in other states will open in the next three months.” Hunter Steward reported with a smile.

The bank doesn’t require much in terms of architecture and decoration. All you need to utilize is simply refurbishing idle houses on busy streets.

The gold vault for storing funds poses the only special requirement. The Royal Bank uses several large safes, combined with a heavily guarded strategy.

Although it is not comparable to future advanced surveillance and security systems, anyone attempting to snatch the bank’s funds under such defense would need to resort to strategic weapons, or mobilize a large army.

The problem is that neither strategic weapons nor a large army could appear on Australian soil at the moment.

“Make sure to be careful with storing the details of deposits and keep as many backups as possible. I don’t want any mistakes to occur in our bank. Otherwise, it could tarnish the reputation of the royal family.” Arthur cautioned.

Disputes leading to bitterness can easily arise when it comes down to the most fundamental interests, such as money.

The shipyard is naturally not exempt. Even though it is directly transferred from Britain and regarded as advanced, although small scale, it does have the capability of independently building small warships.

After absorbing the naval technology aid from Britain and Germany, there is hope for the shipyard to be expanded into a large one, and possess the qualification to build the strongest main battleships currently available.

“Yes, Your Highness. I’ll have the arms factory and the shipyard made ready.” Hunter Steward responded.

“By the way, the assistance from Germany this time also includes the blueprints and data of the Brunswick-class battleship. Now, we can start increasing the number of workers and technical experts in the shipyard. I hope that once Germany’s naval aid arrives, we can master their shipbuilding technology and this powerful battleship at the fastest speed.” Arthur seemed to have recalled something and hastily added.

Compared to other naval assistance from Germany, the blueprints and data of the Brunswick-class battleship are undoubtedly the most important.

If Australia can quickly master the manufacturing technology of this battleship, there might be a chance to receive several battleship production orders before the birth of the dreadnought.

Hearing Arthur’s words, Hunter Steward was slightly surprised, but he swiftly responded, “I understand, Your Highness. After I return, I will immediately instruct the shipyard to rapidly expand its number of employees and wait for the aid to arrive from Germany.”

“One more thing, Hunter Steward. Organize a team to visit Europe and America to recruit those scientists who have been unable to make progress due to lack of research funding. Australia can provide ample research funding and venues for them. The requirement is that they must serve Australia for ten years. After which, they can choose where they want to belong to.” Arthur continued.

For European countries that already have a well-developed education industry, not every scientist can get the ample research funding they want.

This has resulted in many scientists being stuck in debt and frustration. This makes it the best opportunity for Australia to help them.

Although these people might just have been forced to choose Australia due to their research funding issues.

Their approval for Australia may not be high, and some might not have any approval at all.

This is why Arthur set a ten-year service term. If the term were longer, it would be better for Australia.

But it would deter many others who are not willing to serve another country for such a long time.

In fact, ten years isn’t a short period of time. If one lives in any country for ten years, without any dramatic incidents, they are likely to develop feelings for that country. This is exactly what Arthur aims for..