Holy Roman Empire

Chapter 66: Chapter 66 – Money makes the World go round


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Lack of money; this is an embarrassing statement for King Charles Albert. The Kingdom of Sardinia is located in northwestern Italy and is considered to be the strongest state in Italy. Unfortunately, this cannot change the nature of Sardinia, which has never been a wealthy state.

Sardinia has a territory of just over 70,000 km², and a population between 5-6 million. It lacks natural resources, while the process of industrialization has just begun. Despite its poverty, Sardinia had always strived to unify Italy. In order to unify Italy, wars are necessary. The military expenditures have led to their finances remaining in a perpetual deficit.

As a result, due to its ambitions, the Kingdom of Sardinia has always remained poor. It wasn't until 1852 when , became the Prime Minister and reformed the fiscal and taxation system to increase Sardinia's income through a series of measures including laying down railroads, port construction, and the development of industry and commerce.

Prime Minister Azeglio echoed, "His Majesty is correct, we are truly out of money. The war came too suddenly and we were not adequately prepared.

Through the occupation of Lombardy, we consumed a lot of financial and material resources, which greatly exceeded our budget. So far, we have spent over 28 million on this war!


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