With this new gold reserve, Spain's Currency Issuing Committee can also prepare for issuing new currency.
This is yet another gain for the government and the Royal Family, as there are only two banks in Spain that can legally issue currency: the government-controlled National Bank and the Royal Family-controlled Royal United Bank.
In fact, considering this, Carlo is the one who profits more. After all, the government does not hold shares in the Royal United Bank, but Carlo does have shares in the National Bank.
To ensure the stability of Spain's currency, the newly issued currency will not be quickly poured into the market, but gradually released in batches for use.
After a brief discussion by the Currency Issuing Committee, it was decided to issue an additional 500 million Pessetas over the next three years, with 100 million Pessetas in 1873, and 200 million Pessetas in 1874 and 1875.
