Chapter 1261: Chapter 929: Loan Arrives

From the reaction of the British Government, it was very likely that they would choose to compromise with Australasia.

Just over one week before Winston Schmidt returned to London, the British Government contacted the Australasian ambassador in Britain to discuss the 1 billion Australian Dollar loan that Arthur had mentioned.

According to the current exchange rates, 1 billion Australian Dollars was approximately 534.7 million Pounds, almost one-third of the Island Nation's total GNP.

Seeing the British move so swiftly ahead, Arthur also had to admire the economic scale of Britain and the endless wealth brought about by its vast colonies.

Based on the economic scales of the British mainland and Australasia, there shouldn't be much difference in income between the two.