Reincarnated: Vive La France
Chapter 235: Fiscal Draft Budget for the Year 1937

Chapter 235: Fiscal Draft Budget for the Year 1937

OFFICE OF THE HEAD OF STATE OF THE FRENCH REPUBLIC

Palais Bourbon, Paris | April 1937

Official Statement: Fiscal Draft Budget for the Year 1937

Étienne Moreau, Head of State

Esteemed Ministers, Delegates of the National Council, and Fellow Citizens,

This is a draft Budget which is being released into the public for more deliberation.

After 2 days inputs will be taken from all over France and than the committee with discuss those issues and finally release the offical financial budget.

France, burdened by the calamities of global depression, political disarray, and creeping despair, stands today at the edge of reclamation.

Therefore, I lay before you the first draft of National Reconstruction Budget, amounting to a total expenditure of One Hundred Billion French Francs (₣100,000,000,000).

National Reconstruction and Infrastructure Development – ₣30 Billion

The cornerstone of our recovery lies in rebuilding France’s arteries its roads, rails, ports, and homes.

A total of thirty billion francs shall be allocated to comprehensive public works.

This includes eight billion francs to launch a National Highway Program, linking rural communes to industrial centers and military garrisons.

Seven billion francs shall be invested in expanding and electrifying our railway corridors, especially those connecting Alsace-Lorraine, the northern coal basin, and the Rhône Valley to ports such as Marseille and Le Havre.

To combat urban poverty and overpopulation, five billion francs shall fund the construction of modern social housing in Paris, Lyon, Marseille, and Lille.

A further four billion francs is allocated for rural electrification, a long-neglected domain that shall now allow farmers and craftsmen to compete in a national economy.

An additional three billion francs is reserved for the dredging and modernization of ports and internal waterways, facilitating smoother colonial trade and export logistics.

Lastly, three billion francs shall be discreetly invested in the development of airstrips, military highways, and dual-use airfields, concealed within civil construction accounts.

Industrial Modernization and Technological Investment – ₣20 Billion

France’s industrial output remains inferior to that of Germany, Britain, and even Italy in certain sectors.

To reverse this decline, we shall allocate twenty billion francs to large-scale modernization.

Four billion francs shall be injected into the consolidation and mechanization of national steel production, particularly in Lorraine and Saint-Étienne.

Five billion francs will subsidize the aircraft industries of Blériot, Dewoitine, and Farman, promoting both civil aviation and military adaptability.

Three billion francs will be directed toward synthetic fuel and petrochemical infrastructure, reducing our dependency on foreign oil and aligning with colonial extraction networks.

Another three billion francs will aid in expanding our automobile sector, providing loans and technical support to Renault, Citroën, and Peugeot, with priority for military-capable vehicle production.

Two billion francs are reserved for the creation of a National Innovation Bureau, tasked with coordinating research in radar, wireless communications, metallurgy, and chemical sciences.

The final three billion shall fund machinery imports, training engineers abroad, and establishing technical academies to raise a new generation of skilled laborers.

National Defense Preparedness – ₣15 Billion

Though France desires peace, prudence demands preparedness.

Fifteen billion francs shall be discreetly appropriated for military readiness under the guise of industrial and civil investment.

Four billion francs shall expand our tank and artillery production capacity, ensuring our factories can pivot to full mobilization within months.

Three billion francs shall be used to discreetly reinforce the Maginot Line, while simultaneously investing in coastal defense positions at Toulon, Brest, and Bizerte.

Another three billion francs shall go toward increasing civilian aviation production, ostensibly for postal and cargo services, but with modular frameworks for conversion into military bombers.

Two billion francs shall establish weapons research institutes and logistical command units within civilian zones.

Lastly, three billion francs will be spent establishing the National Engineering Corps, a militarized infrastructure brigade that will serve both economic and mobilization purposes.

Agricultural Reform and Rural Revitalization – ₣10 Billion

No nation can rise while its countryside starves.

Ten billion francs shall be invested in restoring agricultural viability.

Three billion francs shall provide machinery subsidies and seed credits for small and mid-sized farms, promoting mechanized harvesting and improved irrigation.

Two billion francs shall empower a network of Rural Credit Banks, ensuring long-term loans and insurance schemes for agrarian families.

To prevent market collapse, two billion francs shall be allocated to price stabilization programs for grain, dairy, and wine.

One billion francs is reserved for land reclamation, anti-erosion measures, and forestation programs, particularly in the Massif Central and Pyrenean foothills.

One billion francs will expand national grain reserves to ensure food security and emergency distribution channels.

Lastly, one billion francs will be invested in creating rural cooperatives and storage depots, enabling farmers to bypass exploitative intermediaries.

Social Welfare, Public Health, and Civic Labor – ₣10 Billion

To unite our people, we must first protect them.

Ten billion francs shall be invested in human dignity.

Two and a half billion francs shall go to veterans’ pensions, family benefits for widows, and disability allowances.

Two billion francs shall be used to expand the national public health system, especially in underserved rural areas.

Three billion francs shall establish vocational schools and industry-linked technical colleges, turning thousands of idle youths into productive technicians, nurses, machinists, and mechanics.

Another two billion francs shall fund a Civic Labour Corps, modeled after the American Civilian Conservation Corps, to employ and discipline our unemployed population in national service.

The final half-billion francs will provide housing grants to industrial workers and miners, stabilizing urban migration.

Colonial Economic Integration and Strategic Trade – ₣7 Billion

Let us make the empire not merely symbolic, but profitable.

Seven billion francs shall be allocated to colonial infrastructure and resource development.

Two and a half billion francs will construct new railroads and roads across Algeria, Senegal, Madagascar, and Indochina.

Two billion francs shall be invested in mineral extraction zones, focusing on bauxite, rubber, manganese, and phosphate crucial for steel and aviation.

One and a half billion francs shall promote cash crop agriculture, including cocoa, cotton, and coffee, with French companies operating under renewed charter laws.

The remaining billion francs will promote currency integration across the franc zone, harmonizing tariffs and exchange rates in favor of the metropole.

Currency Stability and Financial Reform – ₣5 Billion

The foundation of a great economy is trust. Five billion francs shall be directed toward stabilizing the franc and reforming our banking system.

Two billion francs shall be deposited into a Franc Stabilization Reserve, backed by gold, silver, and government bonds.

One billion francs shall be used to acquire strategic commodity reserves coal, oil, wheat, and tin.

One billion francs shall provide tax amnesty and capital repatriation incentives for industrialists who return assets to French banks.

The final billion francs will establish a State Development Bank, tasked with issuing low-interest loans for state infrastructure, worker housing, and new companies.

National Unity, Propaganda, and Cultural Revival – ₣3 Billion

A state without spirit cannot survive.

Three billion francs shall fund programs that promote unity, discipline, and national pride.

One and a half billion francs shall fund the expansion of a state-controlled radio and cinema network, broadcasting news, educational content, and patriotic stories.

Five hundred million francs will fund a national program of public festivals, expositions, and youth pageants, commemorating the French spirit and sacrifice.

The final one billion francs will be dedicated to national architecture and public art projects new municipal buildings, statues, bridges, and cultural landmarks that embody our national resurrection.

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This is not a budget of moderation.

It is a budget of transformation.

Let no man say that France was rebuilt by accountants or professors it shall be rebuilt by workers, soldiers, engineers, and statesmen.

This budget lays the foundation for full industrial renewal, military preparedness, rural dignity, and economic sovereignty.

By 1938, it is projected that national unemployment shall fall by 35%, exports will grow by 20%, and industrial output will reach parity with our greatest continental rivals.

Let us rise.

Étienne Moreau

Head of State of the French Republic

Issued under full authority of the National Emergency Reconstruction Council