Sure enough, the government was very unfair to the cost of building the ship, but under the strong pressure of Edel, it could only be passed.
As for the attention of other countries from shipbuilding, Romania can only claim that the standard displacement of the two battleships, temporarily named H-type, is 350,000 tons, which fools other countries. It's not the first time to lie anyway. What does it matter if you lie more often? When other countries discover that something is wrong, who has the energy to take care of Romania.
Although it has been mixed for the time being, Britain, France and other countries strongly urge Romania to join the Washington Naval Treaty. Before there was only one battleship, they could turn a blind eye. Now it is obvious that Romania is going to build a ship on a large scale, so they hope to use the Washington Treaty. Romania hitch.
Edel did not object to joining the Washington Naval Treaty, because this treaty will expire within a few years. But if you want Romania to join, you have to tear up a layer of lip service. If you want Romania to join, then join, how can there be such a good thing.
And in this wrangling, the time came to 1933. The Romanian economy has developed rapidly this year.
Among them, Romania and the Republic of China signed an economic and trade cooperation, so that domestically produced goods found a catharsis. In other European countries, the economic crisis continues. As a result, the Soviet Union and Romania have become one of the few countries in Europe that still maintain economic growth. Such brilliant results have allowed many European economists to conduct in-depth research on Romania's practices in the economic crisis.
Among them, Keynes, the father of macroeconomics, strongly praised Romania's response in the newspapers. In his opinion, Romania's response to this economic crisis that has spread to the world is very appropriate, and its government's strong intervention in the economy is the key to its avoidance of recession.
Moreover, he believes that although Romania’s additional currency issuance is suspected of reducing national income, its economic growth is more important. This can at least keep the operating rate of the factory and allow workers to continue to earn income, and this also minimizes the external impact of Romania’s economic activities.
Moreover, it is also a very smart decision for Romania to invest these additional currency into domestic infrastructure construction. This can not only stimulate economic growth, but also increase the transportation time of domestic commodities, and also reduce the consumption in the circulation link. It is a model worthy of other countries to learn from.
However, although these private economists are advocating Romania's response, for other countries, if they want to make changes, many officials will object first. Because doing so has only seen results at present, and has not yet seen the consequences. If it changes as a result, there are too many things that need to be done, at least for officials to change from traditional liberal economics. However, Britain and France have little interest in changing policies because of their large colonies as a buffer.
Other countries have their own various reasons, and this model cannot be used for Romania. Therefore, by the end of 1932, the total value of the Romanian national economy reached 741.7 billion lei under the economic crisis (calculated according to the devaluation of Romania’s depreciation of 20 and the dollar depreciation of 50, it should be 231.3 billion U.S. dollars). Poland and Italy are left behind.
Currently ranked ahead of Romania are the United States, Britain, Germany, France, the Soviet Union, and Japan. Romania currently only ranks seventh in the world. As long as Romania's economic development does not slow down, it will surpass Japan in the past few years. Because the equipment purchased from other countries is being shipped back to the country one after another, and after a year, Romania will inevitably have another wave.
In the iron and steel industry that best reflects the strength of a country, Romania also ranks seventh in the world with an annual output of 3.78 million tons of steel. The United States, Germany, Britain, the Soviet Union, France, and Japan are still preceded by it. With the expansion of Romania's steel industry, France and Japan will inevitably be left behind.
In addition, Romania has also experienced rapid development in coal mining, power generation, ammonia fertilizer, cement, automobiles, tractors and other industries. A large number of infrastructure constructions have allowed many related industries to fully develop. Development has also driven the growth of other related industries. So Romania can still maintain the momentum of economic growth.
The current car ownership in Romania has reached 1.47 million, with one car for every thirty-five people.
This is due to the fact that Romania is still the largest automobile production base in Europe. Cheap cars make many people with their pockets dared to buy cars.
Although Romania's Volkswagen in other European countries is facing competition, it has a first-mover advantage. Let the Romanian automotive industry still have a lot of advantages. Especially in truck manufacturing, Romania's Dongfeng trucks have always been synonymous with quality.
Although various industries in Romania are developing rapidly, there are still exports sluggish. That is the oil industry, which has fallen into a downward trend in exports. Speaking of it, it was Edel who used Libyan oil as a dead end, which made life in Italy much better now. Although Italy was traumatized during the economic crisis, Italy, led by Mussolini, had a pretty good life with the money to sell oil, and its economic decline was not obvious.
However, it is sad for Romania’s exports of petroleum products. Losing the traditional Italian petroleum market can only be done in other countries. Although some markets have been opened up in Spain, Turkey, Germany and other countries, the Libyan crude oil in the oil market is still a strong competitor of Romania Although Romania has a share in Libyan oil, it is divided among others. How can there be high profits in monopoly. Therefore, in the European oil supply market, Romanian oil, with one more competitor, has a difficult time.
Faced with this situation, Romanian oil companies are also thinking of a way out. They put more energy on the research and development of high-quality petroleum products, hoping to bring more profits to the company through high-quality gasoline and diesel.
Although there are some unfavorable news, the rapid growth of the Romanian economy is certain. This also led to a new level of government revenue. The total government revenue for the year was 86.7 billion lei. Although the income looks good, it is far worse than the expenditure. Romania’s fiscal expenditure listed in 1933 reached a record 127.8 billion lei. The overspending reached 41.1 billion lei, which is shocking.
Among them, infrastructure construction accounted for 417.8 billion lei, followed by military spending reached 213.3 billion lei. We won't talk about infrastructure construction, but the increase in military spending mainly comes from the development and construction of new weapons.
Among them, the Navy is mainly the cost of warship construction, as well as weapon research and development. In addition to the funding for the two H-class battleships this year, it is also necessary to allocate funding for ships such as one heavy cruiser, one light cruiser, three destroyers, and four submarines. Among them, the submarine mainly cooperates with Germany to produce small submarines of more than 400 tons.
On the other hand, the Army conducts research and development on new equipment such as artillery, tanks, rifles, and communications. Because of the large amount of research and development and the large amount of equipment, the cost is also high.
As for the expenditures of other government departments, they are much less in comparison, because these departments do not require major investment from other sources. In other words, the current tense economic situation makes other departments afraid to have extra thoughts.