Gaudin hurriedly rose to his feet. "Your Highness, given our country's current debt situation, I believe we can issue a batch of 'Special Treasury Bonds.'
"A total of 50 million francs, with terms of ten to twenty years and interest rates of 6% to 8%. There should be many people willing to subscribe."
With the prestige France had established by defeating the Anti-French Alliance, coupled with the country's current momentum of development, even if the Government Bonds offered relatively low interest rates, many investors seeking stable income would still be willing to buy them.
Joseph nodded. "Please draw up a Government Bonds issuance plan and submit it to me afterward. However, 50 million francs is far from enough." At present, only 14 million francs remained on the books of the Industrial Development Fund. Even with another 50 million from Government Bonds, it was still a drop in the bucket for the vast Industrial Development Plan.
Joseph knew full well that this was only because the train had yet to be developed.
Once the train revolution began, the astronomical investment required to lay railways could nearly drain all the nation's idle capital.
Just like the United States at the beginning of the nineteenth century, which had nearly driven itself into bankruptcy just to build two railways.
Thus, they not only had to raise funds for the Industrial Development Plan, but also find ways to arrange financing Channels and prepare for future capital demands before the rain came. As an outstanding financier, Gaudin immediately continued, "Your Highness, we can also sell shares in companies such as the United Steam Engine Company and the Paris Pharmaceutical Factory.
"To be frank, the Paris Stock Exchange has not yet played the role it ought to play.
"Companies with strong profits like these can attract a