History of the Oan Isles: Difference between revisions
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Prince Rangitake overthrew his father Tamatea II and was crowned Rangitake I in 1858. He began modernizing the Oan Isles. He first started by consolidating island militias into one armed forces, officially proclaiming the establishment of the [[Oan Defence Forces]] in 1865. Furthermore, mercenaries were abolished and integrated into the armed forces. This process also included the construction of modern war vessels, the entrenchement of guns and cannons as primary tools of war and the construction of fortifications and other public infrastructures such as roads and ports.
He established the [[Bank of the Oan Isles]] in 1891 to help the Oan Isles raise money following the financial ruin precipitated by the Second Morsto-Oan War, and to rein in the chaotic banking system. The Bank helped to stabilise and modernise the Oan Isles financial system. On 18 March of the same year, he established the [[University of Tokapa]]. Building on top of social and economic reforms started earlier in Rangitake's reign, the University helped to modernise Oan education and spread literacy to the wider population.
The Hupirimu Commission found the Tekeha Clan and their companies to have profited from the war. Their wealth was seized by the state under the Foreign Enemy Collusion Decree. The government took ownership of Tekeha assets and dissolved the SPB. It sold off all the properties and companies. The Hupirimu Family Trust (under Great Chief Hupirimu) purchased the TBC and rebranded it as the Standard National Bank in 1868. They moved its main offices from Anapa where it was originally located and started operations in 1870.
In 1904 he was succeeded by Mikaere III. Mikaere III continued the reforms of his father and opened the country to foreign technologies, spurring the industrialisation of the Oan Isles. Mikaere III signed the Great Land Reform Decree whereby nobles were forced to sell their estates to tenant farmers at amounts subsidized by the state in return for greater say over the government of the Oan Isles. This led to the Council of Chiefs gaining the power to approve laws. Furthermore, he delegated daily governance to the Head of the Royal Household who was a trained civil servant, Lord Azriel Makemutu.
SNB started operations in Great Morstaybishlia, after Great Chief Hupirimu's successor Great Chief Umanga Hupirimu convinced Rangitake's successor Emperor Mikaere to repeal the Foreign Enemy Collusion Decree. Great Chief Hupirimu and the Hupirimu Clan became incalculably wealthy as they used their political clout to support the campaigns of favourable members of the Council of the People. The SNB in turn benefited from conditions that were favourable to banks that adhered to reforms started by Emperor Rangitake and continued by Emperor Mikaere to centralised money creation and bring the banking sector under the control of the Oan Central Bank. The SNB continued as a commercial bank and expanded its operations to lands of the Crowns of Great Morstaybishlia, Salovia and Kuthernburg. It grew incredibly wealthy from lending money and helping store and move the funds of the nations of the Imperial and Pacific Powers in the Great War.
==Great War==
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