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17kNovel > The Rise Of Australasia > Chapter 663 - 504: Russian Capital Floods In

Chapter 663 - 504: Russian Capital Floods In

    The allocation of Austrsia’s military expenditure is determined by the Ministry of Defence in cab meetings and then distributed among the three armed services.


    Without the financial decision-making power, it is difficult for the General Staff to seek opportunities using military power.


    This structure is more stable, ensuring that the military power of Austrsia is bnced between the two institutions, posing no threat to Arthur’s monarchical authority.


    The first request from Arthur for the reorganized Ministry of Defense is to increase naval investment and create smaller fleets to protect the maritime security of Austrsia.


    The naval fleets and maritime patrol teams do not conflict; after all, most naval vessels range from hundreds to thousands of tons, while most patrol boats weigh only dozens to hundreds of tons.


    The army’s budget is fixed after expansion, there is little expenditure without war, and the training costs be the major expense.


    The air force and the army’s needs are simr; the uing changes in aircraft technology andrge-scale aircraft procurement seem uneconomical.


    Under these conditions, arge-scale construction of the navy is the most cost-effective. Austrsia’s currentck of naval restrictions is the best opportunity to build a navy.


    As the four-year development n sets the tone in the cab meetings, Austrsia’s development and construction have officially begun.


    The announcement of Austrsia’s first four-year n immediately attracted the attention of domestic and international media and the public.


    This is normal since there are not many countries in the world that are so aggressively developing.


    Britain and France are nursing their wounds, the United States’ reputation is tarnished, and they dare not be bold. Russians are busy with civil war, and Italians are caught in the intoxicating victory of the war.


    Germany, which is eager to develop, will not voice its opinions due to pressure from the Allies.


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    Consequently, Austrsia’s development bes uniquely significant. Thisrge-scale four-year development n, the international bidding for various projects, and the invitation for foreign investment for the Leonora Industrial Base have attracted attention from many international financial groups and capitalists.


    Among the international financial groups, Russian capital deserves attention.


    Indeed, it is Russia, which is half-destroyed by war and industrial decline.


    The Russian government may be impoverished, but it has nothing to do with Russian capital. This is the current state of Russian capital.


    Centuries of umtion under the Tsars in Russia have enabled numerous grand nobility and capitalists to have substantial capital.


    Russia’s civil war has resulted in the loss of arge number of industries for these capitalists, forcing them to look for opportunities abroad as Russia is not peaceful enough for industrial development.


    Among many countries, the high-profile development of Austrsia attracts the attention of Russian capital.


    What attracts them is the presence of millions of Russians in Austrsia. As the bourgeois who exploited these people for centuries, Russian capitalists know the advantages of these Russians: hardworking, willing to bear greater exploitation.


    Of course, besides this, Austrsia’s excellent environment also attracts these capitalists’ attention.


    Compared to the tarnished reputation of the United States, Austrsia seems to have greater development potential. Furthermore, thest war proved that arge-scale conflict did not affect Austrsia’s nativend. Isn’t such a country capable of ensuring peace ideal for Russian capital?


    After Austrsia opened for public tenders, arge amount of Russian capital poured in; they crave a stable investment environment in Austrsia rather than the horror of Russia, where any war would destroy their hard-earned aplishments.


    Capitalists are changeable. On one hand, they collude with the government and officials in their homes to oppress the poor andmoners, exercising exploitation to the utmost degree.


    On the other hand, when they go abroad, they crave a ce with integrity and clean governance.


    This can be exined easily: only capitalists who collude with the government and officials are the most powerful, while a single capitalist pales inparison to a country’s government machine.


    Under these circumstances, these foreign capitalists prefer regions with fair political environment, which can protect their interests justly and not collude with their local counterparts to devour them.


    Austrsia meets their requirements: firstly, a considerable number of Russians live in Austrsia, making them feel like family.


    Secondly, the political environment in Austrsia achieves fairness since it is an immigrant country without any exclusion of foreign ethnicities and capital.


    Moreover, the marital ties between the Austrsian Royal Family and the Russian Monarchy have attracted many former Tsarist nobles.


    After all, if they are in Austrsia, their noble status could be protected, and the royal family recognizes the status of Russian nobility even though they have already fled and lost their power and status in Russia.


    If they were to go to a republic like the United States, while their capital would still hold significant power, their noble identity would dissipate.


    For these and other reasons, the influx of Russian capital into Austrsia was rapid after the announcement of its four-year development n.


    These capitals generally choose to establish or acquire industries. The industries they enter range from heavy industry, chemical industry, light industry to food industry.


    Among them, Russian capital chose not a few light industries and food industries.


    This is actually easy to understand, since these Russian capitals still possess some power and connections within Russia Nation.


    In Austrsia, they can set up factories, produce a lot of light industrial products and food, and then sell them at high prices inside Russia Nation, would they not make a huge ie?


    Although this would generate a lot of tax revenue for the Austrsian Government, these capitalists can also make profits, with little risk of loss.


    Keep in mind, the impact of this civil war on the domestic environment in Russia Nation is enormous. This impact is not only on industry and economy, but also on agriculture and animal husbandry.


    Russian food production has decreased by almost halfpared to before the civil war, threatening the food demand of the Russian people.


    Because under the request of the British Empire, all World Alliance members have signed a treaty prohibiting trade with Soviet Russia.


    As a result, Soviet Russia was able to establish aprehensive centralized distribution system of supplies to ensure that the vast majority of people have some food to eat.


    Although they may not bepletely full, they can avoid the situation of starvation as much as possible, which is a silver lining in the misfortune.


    On the other hand, Tsarist Russia naturally does not fall in the trade restrictions proposed by Britain. Tsarist Russia has treaty on food trade with many European countries and Austrsia. Just by exporting food alone, these Russian capitalists can make arge sum of money.


    Arthur weed the influx of these Russian capitals because they could promote the rapid development of Austrsian industry and various sectors.


    Although these people might not be on the same side as the Austrsian Government, their industries are established in Austrsia and will be subject to the control of its government.


    Especially under the influence of the Russian civil war, these Russian capitalists have no one to protect them.


    If they behave well, Arthur would be willing to treat them as native enterprises.


    Otherwise, if these Russian capitalists are disobedient, they would learn how powerful the royal financial group is, which could rapidly acquire and dissolve the businesses established by these Russian capitalists in a short period, and let their investments go down the drain.


    It is believed that these capitalists are wise, as no one would want to miss out on money, and no one would want to give up their hard-earned investments to others.


    Please note that these capitalists have invested in all tangible industries in Austrsia.


    Whether it’s heavy industry, light industry, chemical industry or food industry, it has a significant stimulus effect on Austrsia’s economy.


    It can be predicted that, with the participation of these Russian capitals, the economic growth this year should not be small in scale.


    Moreover, this year is only the beginning. In the next few years, these Russian capitals will y a crucial role in the economic growth of Australia.


    With the participation of these Russian capitals, the Prime Minister’s pledge in the Four-Year n of an annual 9% growth rate in the economy could not only be achieved but also exceeded.


    To show the importance of these Russian capitals, Arthur also personally received a Russian aristocrat.


    This is a count from Russia Nation, not part of the core decision-making of Tsarist Russia, but still has a considerable influence on capital.


    Arthur’s reception greatly boosted the confidence of Russian capital, as everyone knows that in Austrsia, Arthur’s opinion is still very crucial.


    Although Arthur personally received some Russian capital, it does not mean that officials can recklessly contact these capitalists.


    After all, Arthur sees these capitalists very clearly. No matter which country they are from, most of them are not good people.


    That’s why Austrsia has never had any provisions to favor capitalists, and some industries even have heavy tax burdens to limit the size and number of capitalists.


    For Australians, bing a nobleman is a better choice than bing a capitalist.


    After all, the nobility is the ss strongly favored by the government, they not only enjoy some tax relief but also can be a role model for the whole country to learn from, as advocated by Arthur.


    After all,pared to capitalists, these less powerful noblemen are more likely to unite closely around Arthur to strengthen Austrsian monarchism and to ensure their positions.


    All their privileges and statuse from Arthur, which also means that they must remain loyal to him. As long as Arthur exists, their power and status will exist.


    Such a situation would certainly not only ur during Arthur’s reign. Even future Austrsian monarchs would still hold the destiny of these new nobles.


    New nobles are the best weapon for every Austrsian monarch. These new nobles can work in any direction for the monarch, including military, economic, and political matters.


    The aristocratic schools founded by Arthur are designed to cultivate the offspring of these new nobles, ensuring that the nobles’ descendants are not useless and better serve Arthur and the future monarchs of Austrsia.
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