Although he had brought Gram in, Gram alone was far from enough to achieve electrification.
Spain had to possess a sufficient reserve of mid-level talent in electrification and internal combustion engines before it could drive the development of the Second Industrial Revolution in Spain.
Spain's most pressing problem at present was its severe shortage of low- and mid-level talent. Illiterates made up more than half the population.
Before Spain could cultivate its own talent, the best approach was to keep poaching people from across Europe.
But before that, the most important thing was making sure his own purse contained sufficient funds.
Time reached August 1870. Four months had passed since the establishment of Royal United Bank.
Carlo finally turned his attention to his own moneybag and asked Butler Loren about the bank's development.
Butler Loren knew the bank's situation like the back of his hand. Upon hearing Carlo's question, he hurriedly replied, "Your Majesty, after four months of development, our bank has already become one of the largest banks in Spain.
"We have established branches in Toledo and Valladolid, while our bank in Madrid has expanded to two locations.
"At present, our total number of depositors has surpassed 57,000, with total savings of approximately 46.12 million Pesetas and an average deposit of 809 Pesetas per person.
"The bank's next expansion plan is to establish at least one branch in major regional capitals such as Seville and Barcelona, becoming the largest bank in Spain."
Carlo nodded.
With the nobles' assistance, Royal United Bank had developed quite rapidly.
It already had 57,000 depositors. Who would have imagined that this was a bank founded only four months ago?
Once Royal Bank branches opened in every regional capital, the bank's number of depositors would see another major expansion.
However, the average deposit would certainly