Chapter 130: The Reaction of British East India (Happy New Year!)
Translator: 549690339
The list showed in great detail that, after various estimates, the total value of the treasure exceeded 40 million pounds, not including the value of various gemstones and jewelry.
If these were included, the total value of the treasure could reach up to 50 million pounds, four times the current annual total expenditure of Australia.
What does that mean? This treasure alone could support the development of Australia for four years, including various infrastructure and industrial development plans.
If used solely for naval development, this large amount of funds could build a navy at the great power level, even on par with Germany and Britain.
Even for future dreadnoughts, which are likely to be costly due to comprehensive upgrades, this fund could build nearly twenty.
What does twenty dreadnoughts represent? It puts it within the top three worldwide, even qualifying to compete with the German Empire and the British Empire.