The Rise Of Australasia

Chapter 676 - 510: Technology Research_2



Through trade during the Russian Civil War and with Nicholas II, Australasia has already obtained a large amount of mineral resources and gold reserves from Russia, including even population from immigrants. These are all valuable assets in Russia, and they also play a significant role in Australasia. n/ô/vel/b//in dot c//om

Especially the gold reserves, which can make the Australian dollar more robust, are of great strategic significance to Australasia.

Given the current state of the United States, it is impossible for the US dollar to become a global currency.

At present, the more robust currencies, besides the British pound of the British Empire, include the French franc, the Australian dollar of Australasia, and the US dollar.

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However, both the French franc and the US dollar are experiencing devaluation, especially the Franc, whose value has been compromised due to the war.

The less devalued pound and Australian dollar should be the two strongest currencies in the world today.

Although the Australian dollar was established based on the pound, Arthur also has the ambition to promote the Australian dollar globally.

However, the current scale of the Australian dollar issuance is not large, and in most cases, it only circulates within Australasia, which is the biggest problem facing the Australian dollar at present.

To solve this problem, more gold reserves must be obtained to print more currency and truly push the Australian dollar towards globalization.

Speaking of the globalization of the Australian dollar, next year’s National Day also represents the 15th anniversary of the founding of the Kingdom of Australasia. Arthur not only wants to hold a grand parade ceremony but also plans to reform the currency.

The Australian dollar was originally issued more for the country to have its currency, and in many ways, it copied the British pound, which also led to many overlaps with the pound.

Arthur plans to turn the Australian dollar into a truly independent currency, linked only to gold and increasing its influence worldwide.

At the same time, a certain number of commemorative currencies will be issued to commemorate the 15th anniversary of the founding of the Kingdom, and some corresponding activities will be launched.

In late September 1919, Arthur received Albert Einstein, the honorary president of the Australasia Royal Science Academy, and Tesla, the honorary vice president, and inquired about the scientific research work of the Royal Science Academy in recent times.

The development of the Royal Science Academy was rapid, with the Victoria Award attracting talent for Australasia, and the Australasian Royal Science Academy attracting many famous physicists and chemists from Europe and America.

Up to now, the Australasia Royal Science Academy has a total of more than 500 people.

Do not underestimate the scale of these more than 500 people. All of them are renowned scientists, with considerable experience and reputation in their respective fields. It is no problem to say that they are continentally famous.

For these more than 500 people, Arthur invests as much as twenty million Australian dollars in research funds for the Royal Science Academy each year, with an average of 40,000 Australian dollars per person, showing Arthur’s emphasis on scientific research.

Of course, some large research projects of the Royal Science Academy consumed some funds, which resulted in an actual research fund of just over 20,000 per person. However, it is still not a small amount.

Keep in mind that there is collaboration between the Royal Science Academy and Australasian universities, and research projects involve not only these 500+ people but also many university professors and students. Basically, all the higher-level talents in Australasia participate.

Arthur has never been stingy with the research funds for the Royal Science Academy. As long as it is not deliberately wasted, even if it exceeds the budget, Arthur does not mind too much.

At present, the main research direction of the Royal Science Academy is the development of power transmission and transformation technology, which affects the development of Australasia’s electrical industry and promotes the progress of civil and industrial electricity in Australasia.

Secondly, the Royal Science Academy is also researching new elements in physics. It is mainly those physicists who are responsible for this, and the research funds consumed each year are as high as several hundred thousand Australian dollars.

Furthermore, rockets and missile development, nuclear exploration, exploration technology for crude oil and mineral resources, improvement of smelting technology, research and development of train power and braking systems, the chemical industry, bioengineering, and other technologies are also within the scope of the research of the Royal Science Academy.

Last year, the Royal Science Academy conducted more than 400 research projects, with each research project costing 50,000 Australian dollars on average. This is definitely not a small number.

According to the current per capita income of Australasia, the research funding for each project is enough for an Australasian to work for more than 800 years without eating or drinking. This is a very exaggerated number range.

As can be seen, the Royal Science Academy’s research covers both civil and military fields, as well as practical and theoretical research.

Among them, Albert Einstein is responsible for exploring nuclear fields, and Tesla is responsible for the power transmission and transformation projects.

Basically, each major project has a sufficiently qualified technical personnel as the main R&D, and there are many renowned experts and university professors assisting.

And the involvement of these university students can also improve their knowledge level, helping them learn some knowledge from such large-scale research.

For Arthur, these university students will be the next generation of technical experts in Australasia, and it is beneficial for Australasia to cultivate them in advance.


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