Chapter 128 Cabinet Meeting

Carlo is also paying attention to the Primo government, which has been making constant moves during this period. Although both bills have achieved good results, the promulgation of such bills is bound to cause dissatisfaction among some vested interests.

One bill may not cause much sensation, but the impact caused by the superposition of several bills is immeasurable.

Fortunately, the second bill has little impact on the nobles. The old nobles hold a lot of land in their hands, and they have not yet transformed into new nobles with capital.

The new nobles do not have much money in their hands. They are currently mainly involved in the operation of the Royal United Bank and obtain dividends from the Royal United Bank.

Carlo has gone all out to win over these new nobles. The royal family holds 75% of the shares in the Royal United Bank, and the remaining 25% of the shares are divided by the noble consortium.

The shares of the noble consortium are divided into several parts. If the new nobles want to participate in the noble consortium, they need to spend money to subscribe to the shares of the consortium.

In the future, all investments of the consortium will generate dividends, and the dividends will be distributed to the nobles behind the consortium according to the proportion of shares.

Of course, in order to prevent some new nobles from not having too much money to buy shares of the joint consortium, Carlo also has certain rewards for the new nobles.

For example, all the nobles who were canonized after Carlo ascended the throne, although they did not have much land, would directly obtain some shares of the noble consortium.

Although the value of the shares awarded to them was not too high at the beginning, the total value was only about a few hundred pesetas. But with the development of the noble consortium, the value of such shares will eventually rise to thousands or even tens of thousands of pesetas.

After accumulating some wealth, these new nobles can also buy shares of the noble consortium, so that their shareholding ratio will become larger, and the future dividends will naturally be more.

Don't underestimate the noble consortium, which is not large at present.

The Royal United Bank has become a giant enterprise in the Spanish banking industry, and even the Spanish National Bank, which the government spent a lot of money to establish, cannot match it.

Of course, the main reason is that the Spanish National Bank started too late. The Royal United Bank had become a giant in the Spanish banking industry long before the establishment of the Spanish National Bank, and it has now become the largest banking consortium in Spain.

Compared with Royal United Bank, the Spanish National Bank is smaller. But compared with other banks in Spain, the National Bank is still a giant.

Royal United Bank and Spanish National Bank are not only the top two banking giants in Spain, but their number of users and total deposits also account for about 80% of all bank users and deposits in Spain.

Of course, more than 55% of the 80% are in Royal United Bank, and the total size of the National Bank's users and deposits is only about 25%.

But the total number of users and deposits of the remaining banks in Spain is less than 20%, which shows that Royal United Bank and National Bank have formed a monopoly on the Spanish banking industry.

The formation of monopoly giants is a necessity for the development of the times and is inevitable for every country.

For Spain, it is much better for two giants to monopolize the banking industry than for other small and medium-sized banks to bloom everywhere.

The two official banks will be more supported by the people, and the two banks can also receive more deposits from users, thereby using the funds of the Spanish private sector to more effectively develop the Spanish economy.

Although the two official banks have more or less selfish desires to develop themselves, they will not retreat in the face of the great cause of national development.

Once the government lacks funds, it can let two official banks subscribe to national debt, at least to temporarily postpone the government's funding crisis.

If all private funds are scattered in those large and small private banks, it will not only be very troublesome to gather them, but small banks are also prone to bankruptcy.

Monopoly giants may not be suitable for the future development of Spain, but for Spain, which is currently in a state of disrepair, it is the best choice for development.

Spain is not all smooth sailing in its development, and the development of various industries will also face many problems.

On June 3, 1872, at a regular meeting of the Spanish Cabinet Government, the government discussed the problems currently facing Spain's development.

Carlo, who had not attended the cabinet meeting for a long time, reappeared at the cabinet government meeting and listened to the cabinet government's discussion on this meeting.

The reason why Carlo appeared at the cabinet meeting was actually because of the invitation of Prime Minister Primo. Why? Because at present, only Carlo has spare money to focus on the development of certain industries, which is why Prime Minister Primo invited Carlo.

With the help of the maid, Carlo put on the white king's military uniform sewn by the royal tailor, wore the rank of Spanish Marshal, held the king's custom-made long sword in his hand, and said goodbye to Queen Sophie. Carlo went to the government to attend the meeting with a confident and smiling face.

It's hard for Carlo not to be confident. He became the king of Spain, a European power, before he was 19 years old. At the age of 21, he has initially mastered certain powers. Anyone would have to smile confidently.

The good news is that the nobles and kings in the 19th century have gotten rid of the noble robes of the 17th and 18th centuries and changed to more handsome and simple military uniforms.

After wearing military ranks and a series of medals and tassels, the military uniforms worn by the kings and nobles are actually more imposing than the previous robes, and look more majestic and handsome.

Anyway, Carlo likes to wear such a military uniform. In addition to wearing the king's dress on necessary occasions, Carlo prefers to go out in military uniform.

First of all, the military uniform is not so bloated, and secondly, it is really handsome. As a king, Carlo can also customize the military uniform according to his own ideas, anyway, it is as handsome as possible.

Walking into the government meeting room, the cabinet members were all waiting for Carlo respectfully.

The moment the guard pushed open the door, all the cabinet members stood up and greeted Carlo very respectfully.

Carlo smiled and nodded, and under the gaze of everyone, he walked all the way to the top position of the conference table and sat down slowly.

No matter who is the boss of the government, as long as the king attends the government meeting, the top position must be reserved for the king.

After all, the king is the theoretical supreme ruler of a country, and even the current Spanish government has to serve the king.

Power is power, status is status, this is different.

After everyone arrived, the meeting of the cabinet government officially began. As the leader of the government, Prime Minister Primo must of course lay a discussion topic for this cabinet meeting.

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