History of the Oan Isles: Difference between revisions
→First Morsto-Oan War
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When Kipiri II took over the throne from his father in 1692, he felt that the treaties were too generous to the Ethalrian, Salovians and Morstaybishlians. The Ethalrians and Salovians agreed to renegotiate the treaties and new agreements were signed in 1701 and 1702 respectively. However, the Morstaybishlians were stubborn and refused to give up the lucrative sea shell and whaling trade that they had established. In 1705, Kipiri II unilaterally revoked the treaties. Morstaybishlia attacked the Oan Isles in retaliation in 1706.
This began the First Morsto-Oan War. This war lasted until 1717. The Oans eventually defeated and forced to cede the territory that comprises the Southern Antilles (including East Koroimotu), Greater and Lesser Gemini Islands, Asmo Island, the Payleian Islands. Furthermore, native Oans who lived on those islands at the time of Morstaybishlian invasion were declared slaves and their property and lives were auctioned by the Morstaybishlian governors in those islands in the name of the Crown. This defeat was incredibly humiliating to the Oans. Kipiri II abdicated and was succeeded by Pakau I. Pakau I started a rescue and repatriation program whereby enslaved Oans would be purchased from Morstaybishlians and returned to the Oan Isles. Sympathetic Morsts also "donated" their slaves to the Oan crown where they were freed. Nevertheless, the horrific and inhuman trade continued. He was succeeded by his son Pakau II in 1735, who was succeeded by Iano VI in 1768, who was succeeded by Aotearoa VIII in 1789, who was succeeded by Toroa IV in 1823, who was succeeded by Tamatea I in 1843, who was in turn succeeded by Tamatea II in 1847.
==Modernisation of banking==
Great Chief Wiremu Tekeha used his family's fortune which was raised from handling foreign goods arriving in the Oan Isles to employ sailors to acquire goods directly from the source nations at a commission starting around 1768. Great Chief Tekeha then bought the ships and brought the merchants under the full employment of his family in 1779. His daughter, Tuhana Tekeha established the Tekeha Merchant Guild in 1784 which was wholly owned by the Tekeha Family Trust to conduct trade and bulk retail operations. In 1793, the Tekeha Merchant Guild established payments handling offices which coordinated purchases from clients. These payments handling offices started giving out loans and providing gold depositing services in 1797. In 1810, the payment handling offices and other financial services operations were reestablished as the Tekeha Merchant Bank which was wholly owned by the Tekeha Merchant Guild. In 1820, the Tekeha Merchant Guild (TMG) established the Tekeha Certificate Printing Works which started out printing certificates for other Merchant Banks but evolved to a system of certificates redeemable by the bearer at all participating banks which officially became the Tekeha banking Consortium in 1825.
==Second Morsto-Oan War==
{{Main|Morsto-Oan War}}
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