From the Hurmu Reserve Bank
Posted: Mon Oct 12, 2009 2:24 pm
Dear Mr Primate,
Please extent my greetings from the Hurmu Reserve Bank to the members of the unified economy!
I come to you, as Governor of the Hurmu Reserve Bank, with information about the latest developments in Hurmu and Stormark. For some time now, Hurmu has been part of the Viking Empire of Stormark, but recent legislation passed (but not assented to) have made this arrangement difficult to keep. The matter of fact is Hurmu has been part of the Viking Empire as an “autonomous country”, but the recent legislation would, if assented to, make it impossible to keep Hurmu autonomous. Therefore, Hurmu has negotiated a treaty with Stormark, signed, whichw ill hopefully be ratified soon, making Hurmu sovereign once more, but keeping a close relationship with Stormark in “free and voluntary association”.
The Association, so called, will be based on the treaty affixed to the end of this letter.
As the current arrangement, pre-Association, stands, Hurmu has full autonomy on economic matters. That is why Hurmu has its own bank (HRB) and its own bank governor (me!).
The question we face now is what is to become of Hurmu's assets after the Emperor has assented to the legislative changes making Hurmu sovereign.
Would Hurmu have to apply anew for membership and SCUE membership or would Hurmu “inherit” membership by going independent? Or would a third situation occur?
Please be assured of my highest consideration,
Arviður Andelárjunarbróðir
Governor of the Hurmu Reserve Bank
Please extent my greetings from the Hurmu Reserve Bank to the members of the unified economy!
I come to you, as Governor of the Hurmu Reserve Bank, with information about the latest developments in Hurmu and Stormark. For some time now, Hurmu has been part of the Viking Empire of Stormark, but recent legislation passed (but not assented to) have made this arrangement difficult to keep. The matter of fact is Hurmu has been part of the Viking Empire as an “autonomous country”, but the recent legislation would, if assented to, make it impossible to keep Hurmu autonomous. Therefore, Hurmu has negotiated a treaty with Stormark, signed, whichw ill hopefully be ratified soon, making Hurmu sovereign once more, but keeping a close relationship with Stormark in “free and voluntary association”.
The Association, so called, will be based on the treaty affixed to the end of this letter.
As the current arrangement, pre-Association, stands, Hurmu has full autonomy on economic matters. That is why Hurmu has its own bank (HRB) and its own bank governor (me!).
The question we face now is what is to become of Hurmu's assets after the Emperor has assented to the legislative changes making Hurmu sovereign.
Would Hurmu have to apply anew for membership and SCUE membership or would Hurmu “inherit” membership by going independent? Or would a third situation occur?
Please be assured of my highest consideration,
Arviður Andelárjunarbróðir
Governor of the Hurmu Reserve Bank