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As treaties were being signed and troops being disbanded, Doge Leonardo Loredan knew that Venice had been focusing far too long on expansion, defense, and general war-related expenses. To this end, he had been working with his economic advisers for months to create an investment plan to overhaul infrastructure, transportation, defense, and trade across the Republic. However, before he could announce these plans to the public, at which point support would force him to undertake them, he would need to secure an immensely sizable, long-term loan from Venetian bankers. To this end, a short brief was sent to Il Banco de Venezia:
To the most Venerated bankers of the Bank of Venice,
In order to properly finance an upcoming multi-year infrastructure plan, the Venetian Senate will be requesting a loan of one million, five hundred thousand (1,500,000) florins for a length of five years. Please inform the Senate of a preferred interest rate for this loan within a week. Thank you.
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