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Iron, Coal and Railroad stimulation
Topic Started: Jun 12 2010, 05:24 PM (83 Views)
Prussia
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May 1847
Railroads are mostly constructed in Prussia by private firms, the same goes for the Iron and coal sectors. The Government has last year significantly reduced taxes on Iron/coal/railroad projects. Now in a second phase the government will be giving out 10,000,000 Thalers in loans to the heavy industry sector for three years to come, after that there will be a revieuw of how these essential sectors are growing and to see if it is neccesairy to make more loans availeble.

There is debate between Industrialists, and some ministers about a second reduction, or even abolishment of taxes on these sectors.
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