Franz has a sense of national responsibility. In order to raise war funds for the Kingdom of Prussia, he, the emperor, took the lead in donating one million rupiahs and deposited it into the Royal Austrian Silver School.

(1 shield≈11.69 grams of silver)

Soon, the aristocratic businessmen and students in Austria... all rushed to donate first, but these funds were not handed over to the Prussian government directly, but were deposited into the Royal Austrian Silver School.

That's right, this Royal Austrian Bank was just created by Franz. Its main business is to collect donations from the people and supervise the money to use Schleswig - Zheng, the defense battle of the Principal of Holstein.

Now the Prussian army lies across the Jutland Peninsula, which has exceeded this boundary and does not meet the conditions for utilizing this donation.

Why did the Prussians think that Franz doesn't care? Anyway, he is very happy now. The Royal Bank, with a registered capital of only one million rupiah, absorbed nearly 30 million rupiah in just one month, and it is not a donation.

However, the bank issued a receipt to the donor, and all donations were used in proportion. If they were not used up, they would have to be refunded afterwards.

In order to show his patriotic integrity, Royal Bank did not even charge the most basic handling fee, and was completely free of charge.

Since it was a donation, the interest naturally no longer existed. Before the huge sum was put into use, Franz had another liquidity in his hands.

If you keep a lot of cash in your hands, it is a crime, so Franz re-sells and issues a loan to himself to invest in and build a comprehensive food company and buy a large number of good-quality mines.

Gold and silver can be used as currency in this day, so gold and silver mines are naturally very valuable. Even if Franz is the emperor, it is not so easy to get it.

In contrast, minerals such as iron, coal, lead, zinc, and manganese rare earths are much cheaper. The industrial revolution is still in progress. Even the most basic coal and iron consumption is very limited. Many rare minerals are not available in the industry today.

Franz was too lazy to go to the tiger's mouth to seize food. Taking advantage of the fact that these resources are not valuable now, he would take advantage of the valuable minerals in the future in advance.

Unfortunately, the Austrian Empire did not have huge mines, otherwise it would have been a lifetime of life after this wave.

In short, now if you have money, buy everywhere. When others invest in mining, they must first consider transportation issues.

Franz doesn't think about that much. As long as the mineral products are of good quality and abundant reserves are enough, can you worry about transportation issues?

Others don’t know, but can he not know? It won’t take long for the Austrian government to invest heavily in domestic infrastructure construction.

Now it seems that mines with no development value will be worth doubled once the road is repaired. With the advancement of industrialization, the demand for mineral resources will increase, making it difficult not to get rich.

In just over a month, more than 5.8 million gulfs were spent, which scared Franz quickly stopped. Even if he embezzled public funds, there must be a limit?

If you spend all the huge sums of money and are discovered, how will it end later?

The Habsburg family has assets but not so much cash, and even if Franz is the emperor, it will be difficult for him to borrow so much cash in a short period of time.

If only part of it is misappropriated, Franz still has a way to pacify Zhang, after all, he opened a bank. If it weren't for the lack of manpower now, the Royal Bank had already begun to conquer cities and territories.

A bank with a huge sum of 30 million yuan is a giant in this era. In terms of cash flow, it is definitely the largest bank in Austria and is also a top-ranked existence in the world.

Currently, Royal Austria has opened more than 30 stores in total. In terms of scale, it can only be considered a medium-sized bank, and its business outlets are all concentrated in several large cities in Austria.

John Steva was originally an executive of Austria's No. 1 Savings Bank, but was valued by Raul to serve as the first industry of Royal Bank.

It was not until this time that Franz discovered that the Habsburg family had shares in many banks, so he was too lazy to pay attention to the reason why he came.

Anyway, there are supporters behind any bank, otherwise it would not be so easy to survive in this era, or even earlier eras.

"Your Majesty, Royal Bank is ready to take its place and can attract foreign reserves." John Steva was a little nervous.

"You are a professional in the banking issue. Your management will discuss and decide on this issue yourself. In a short period of time, Royal Bank will not carry out loan business to the outside world." Franz said expressionlessly.

Such a huge sum of money was misappropriated, but they had to pay it back. I know how long the Prussians could last. Once the Prussian government makes a compromise, the money will be returned.

"Yes, your majesty." John Stewart replied

"You estimate how many of these donations can be converted into our depositors? How much will it be left?" Franz asked with concern.

"Your Majesty, our bank interest is formulated based on average, but Royal Bank is far superior to any competitor in terms of credibility.

About twenty percent of donors will become our users, because government donations account for one-third of these donations, and the funds left behind may be around three million rupiahs." John Steva thought for a while

Don’t think that three million gusts are less. In this era, people have not had the habit of depositing money in the bank. Most nobles are used to pile gold coins in the basement.

There are also thresholds for opening a bank account, for example, the threshold set by Royal Bank is 150 shields. If you are below this number, I'm sorry, this is not suitable for you.

The total savings of the entire Austrian Empire in 1848 were less than 100 million rupiahs. If it could leave three million rupiahs, it would account for more than three percent of Austrian total savings.

Franz also thought about reducing the account opening conditions, but considering that this requires a large number of counter staff and increases management difficulties and operating costs, he decisively gave up.

Banks are also very talented. In this era, those who enter and exit banks are all middle and upper-class people in society. Once restrictions are opened, a large number of people from the bottom will flock in. If these high-quality customers run away, it will be too late to cry.

The Austrians are too poor and can save more than a dozen shields a year, which means they have a good income. In this context, the possibility of losing money in this business is too high.

"I know, after you go back, start the storage and storage business as soon as possible. All salesmen must train strictly and require everyone to receive every customer politely." Franz instructed

"Yes, your majesty." John Stewart replied

During this period, the attitude of bank service personnel was actually not bad. Due to the limitation of account opening amount, those who can handle deposit business in banks are basically middle-class or higher-level existences.

At the social level, bank staff do not have a sense of superiority, and naturally there is no so-called discrimination.

In addition, it is a private bank, everyone is trying to compete for performance. If you have good performance, you will get out of here if you have poor performance. If you want to lie down and dream!

Franz is confused when he cares about it. Now he still has a hole to fill?

The Habsburg family did not have the courage to take out millions of dollars in cash at any time. Royal Bank was still his personal property, and Franz did not want others to join in.

Now the Royal Bank does not lend to the outside world. It is not that he does not want to do this business, but that he does not dare to do it. If the Prussians become timid, he will immediately usher in the withdrawal peak.

Royal Bank promised to use these donations specifically. If the money cannot be withdrawn and someone exposes the donation, the credit will be greatly harmed.

It is impossible to keep confidential. Now no one has broken the window paper. That is Franz is the emperor, and no one dares to be the first to be a pioneer.

Also, they don’t know how much money Franz misappropriated. If it is a number, it will not be difficult to fill the hole. At that time, the crime of spreading rumors and causing trouble will ruin the emperor’s reputation will be spared.
Chapter completed!