Godan quickly stood up and said, "Your Highness, given the current state of our national debt, I think we can issue a batch of 'special government bonds'.
"A scale of 50 million francs, 10 to 20-year term, with an interest rate of 6% to 8%, should attract many subscribers."
With the prestige established by France's defeat of the Anti-French Alliance and France's current momentum, even though the bonds have relatively low interest rates, they will still attract many investors seeking stable income.
Joseph nodded, "But that is still far from enough."
Currently, the Industrial Development Fund has only 14 million francs on its books, and with the 50 million in bonds, it's still far from enough for the massive industrial development plan.
Joseph was well aware that this was still without the trains.
Once the train revolution begins, the enormous investment in laying railroads could almost exhaust the nation's idle funds.
