Chapter 11
The regents are split over what aspects of the Kingdom to improve, but ending the mercantile laws wins by a slight margin. The new policy is adopted and that immediately produces complaints that Napolitan merchants are unable to compete with foreigners in their own country's trade centres; of which there are none. It appears that the Crazy People faction of the Napolitan court has been gaining a dangerous amount of support lately.
Looking to set even better foundations for when Carlo takes the throne, the regents abolish the last remnants of the outdated policies of serfdom, which had so far stifled individual productivity.
Not all things go according to plan, however, and the extensive smuggling going on throughout the kingdom is choking the economy. Letting the problem go uninhibited would cripple Napolitan trade for the next decade, so extensive operations to end smuggling begin.
To afford that, unfortunately, a rather large loan has to be taken.
To gather the funds necessary, income is diverted from reinvesting to the treasury. The new "Master of Mint" of the court, as the men of the court working in finances have been called since Joan's days, warns the regents that inflation could not be held in check with all that money sitting in the state's coffers rather than flowing in the market, but could be kept to reasonable levels since this is a temporary measure, and soon the treasury is getting filled with cash.
In this situation, ducats cannot be spared, and the castle in Foggia is allowed to fall in disrepair.
There is only one thing for which money is not spared, and that is the lifeblood of the Napolitan economy, trade, from which the kingdom's economy benefits more than ever.
New architectural styles are supported, which produces some more much-needed-cash for the royal treasury.
As money flows into the state's coffers, second hand maps depicting the sea outside the Mediterranean extending further, with an archipelago drawn onto it make their way to Naples. What could lie further ahead?
Four years after the loan had been taken, the royal treasury is looking better than ever. Profits from trade are greater than ever, and inflation in the years of minting has been kept to a bare minimum.
On May 27th, 1429, Carlo finally comes of age and is crowned King of Naples. A man disinterested in diplomacy and state matters, but well-known among his peers as a talented tactician and military organiser. Persuaded by the council of regents, since there was no need for Naples to spend excess money for this, and with a loan still hanging, celebrations are kept to a minimum.
His daughter, Anna, is the heir apparent.
The measures taken by the regents were more than effective enough, and even after the loan is repaid, a large sum of money rests in the treasury. It is immediately put to good use to fund construction of a courthouse in Provence, though its effects are estimated to not reach the more distant parts of the region.
Informed that some farmers in Marche de Anconna are resisting local agricultural reforms, Carlo initially thinks he should just let them be. After being told by an advisor that more money can mean a bigger army, however, he demands that the reforms go through.
The castle in Foggia had not been fixed even after the loan was paid out, and when the defences are further compromised by more damage, the military-minded Carlo wastes no time.
He has an engineering bureau set up in the province to oversee the repairs, as well as any other repairs needed in the future should the castles of the province be neglected again.
After getting accustomed to his new office, Carlo, aware of the tradition set up by Joan, calls his advisors to his office to have a voting on the ideas he has to propose concerning the future of Naples, and calls for the Sixth Council of Naples.
A. The first idea is to move the kingdom's military focus to the
land armies. Currently, Naples legislature is limiting and only 28 regiments can and have been raised without the spending creeping up. This will, in addition, decrease army costs, at a negligible cost in merchant efficiency and navy cost. The Napolitan military is split into 4 armies, each 7 regiments strong, one on Provence, two on the mainland, and one on Epirus. Should either Provence or Epirus be attacked, the armies stationed there will not stand any chance against a significant enemy force unless reinforced by the mainland armies.
B. The second proposal also concerns the army, but rather than aiming to increase the size of the military, it instead involves improving the army as it is. These higher
quality armies will cost more money, but their combat efficiency will be much improved.
C. Returning from previous councils, the idea of further
centralising the kingdom is brought on the table, with everything that entails as established in the previous councils.
The advisors cast their votes, as Carlo explains that centralisation will only pass if it surpasses in votes both other proposals.