Carlo was also paying attention to the continuously active Primor Government during this period. Although both legislative measures achieved significant success, the enactment of such laws was bound to arouse dissatisfaction among some vested interests.
A single legislative measure might not cause much of a stir, but when several measures accumulate, their impact could be immeasurable.
Fortunately, the second legislative measure had little effect on the nobility. The old nobility held large amounts of land and had not yet transformed into capital-driven new nobility.
The new nobility, however, did not possess substantial funds and mainly participated in the operations of the Royal United Bank, thereby receiving dividends from it.
Carlo went to great lengths to court these new aristocrats. The Royal Family held 75% of the shares in the Royal United Bank, with the remaining 25% divided among a consortium of noble families.
