ACT of PARLIAMENT: ECONOMIC REORGANIZATION ACT 10 MAY 1751
WESTMINSTER HALL
OFFICE of the EXCHEQUER
An act to restructure and completely overhaul the former East India Trading Company, as well as its former private military force, the Black Mercenary, by integrating all assets of the former EITC Black Mercenary into a new, elite, regiment of HM Armed Forces known as the “Black Guard”; furthermore, the complete nationalization of the East India Company into HM Government as state-owned enterprise (SOE), under the Office of the Exchequer, to act as the government’s primary investment authority and financial outreach initiative.
Be it enacted by the House of Lords and House of Commons of the Kingdom of Great Britain & Ireland in Parliament assembled.
This reorganization follows a Nine point plan, that calls for several dramatic reforms to both the Black Mercenary structure, and the East India Company as a whole. In accordance with the BM reform inputs, the Black Mercenary will under this bill be recreated into an elite, vigorous, and special operations division within HM Armed Forces, the heir in spirit of the former EITC First, Second, and Third Divisions, under the title His Majesty’s Black Guard. The Black Guard can be seen as a smaller, sister branch of the Royal Navy and British Army. It’s operations will remain a touch more roleplay oriented, and its uniforms will be mandatory, unlike the other two branches of military.
The second point shall merge the BM Naval Armada into His Majesty’s Royal Navy, claiming all Armada assets into the Navy, and to the disposal of the Board of Admiralty and First Sea Lord. The third shall place the BM Special Forces as a sub-branch within the British Army. The fourth point shall restructure the BM Ranking scales, by adopting the same scale as HM British Army, preventing confusion and ensuring those within our nation’s Armed Forces are aware and understand their designation and roles.
Point five shall reorganize the uniforms of our forces. The former Black Mercenary uniforms shall henceforth be used as cadet uniforms within our guild, for those whom are not level 20 yet and do not hold in their possession the Adoria’s Uniform. For those above level 20, strict adherence to the original Adoria’s uniform consisting of; the Admiral or Diplomat Hat, the Adventure Coat, the Plain Embellished Vest, the Dealer Shirt or Prince Shirt, Adventure Breeches, and the Adventure Boots.
Point six shall sanction the creation of a new HCO, chaired by the Lieutenant General of the Ordnance, who shall act as Commanding officer of the Black Guard as a whole, and shall be free to formulate his own staff consisting of the officers of the Black Guard.
Seventh of the points shall apply to the entire guild as a whole, reforming our calendar system by applying it on a month to month basis. The new calendar will assign weekly SvS practices, guild events, Questions to the Prime Minister on Wednesdays, Full session Parliament meetings on Thursdays, assigning Officer meetings every Sunday and informal Privy Council meetings throughout the week, and weekly Town Hall meetings in-game every Saturday. Point number eight brings life back to the East India Company, by completely nationalizing all aspects of the Company, from leadership to trade. The East India Company, which was nationalized following the Concerns on the EITC Act of 1748, Subjugation of the EITC Act of 1748, the Repealing the East India Act of 1750, and the most recent East India Act of 1751, will receive government stipends to bring it out of bankruptcy and re-stimulate it. The East India Company will re-emerge as a State-owned enterprise, under the direct authority and operational control of HM Treasury, and more specifically the Office of the Exchequer.
Point nine shall establish the governance of the East India Company under the Office of the Exchequer, by creating a governmental special role to be assigned to the chief executive of the Company, known as the President of the Board of Control, whom will chair the newly founded Board of Control that oversees the East India Company. The President will be a Cabinet level position, and will be assisted by a Secretary of the Board of Control who will assist the President in running day-to-day affairs of the Company.
If these points are implemented and established properly, there is no doubt they would be able to solve the massive problems plaguing the East India Trading Company and the former Black Mercenary.
Drafted by the Earl Grey. Passed in Parliament by a vote of 15-1.