GEORGE NAVAL BASE, ROSEWOOD – HM King Adam has admitted that the key to the Department of the Treasury’s safe is missing, and its prior whereabouts unknown as well.
The King, who also serves as Secretary of the Treasury, has for over a year kept on his personal key ring the key to the safe containing Überstadt’s public fund of US dollars and the Treasury’s financial records. He reports that he has been unsure of the location of his key ring for weeks, and does not recall where he last put it.
“I don’t know where it is, but it’s definitely [in the Royal Residency] somewhere,” he reportedly told a judge this week, promising to find the key promptly.
The bulk of the Treasury’s funds are inaccessible as a result, which will likely postpone the compensation awarded to the former owners of nationalized businesses. The supply of uncalculated übers is still accessible, as is the Royal Chocolate Reserve. If the key is determined to be permanently lost, the safe will be forced open to retrieve the funds.
ROSEWOOD – The Company and Colony Nationalization Act was approved by Parliament Tuesday, resulting in public ownership of all existing companies and returning Creekbed to the public as well.
The primary function of the act was to place pharmaceutical company Apotheker, huckleberry producer Rosewood Fruits, and the Bank of Rosewood under national ownership and the management of the Minister for the Economy. The Economy Ministry is mandated to operate the businesses for the “public good,” in the wording of the bill.
The Theodorist Party instigated the Nationalization Act as the first step towards the implementation of its socialist policies. This is a dramatic change from the economic policy of the past year, which has consisted mostly of facilitating private business alongside limited public works programs. The most notable public economic program to come about this year has been the payment of a public wage to workers completing projects benefiting the environment.
His Majesty the King described the nationalization of these companies as “an important bit of progress.”
Most of the bill’s remainder deals with Creekbed Colony, which has been owned for months by the king. The colony is once more public property, and its use is restricted to small-scale agriculture, scientific research, and any necessary defense activity. The act states that colonies “ought to exist for public benefit rather than private profit,” and gives the king no compensation for the seizure. His Majesty is reported to be satisfied with the law nonetheless.
The bill’s long title is “An Act to bring under public ownership several companies of major importance to Überstadti production and commerce, to revoke royal ownership of real property granted by decree, and for related purposes.” It was sponsored by Prince Aaron (Theodorist – Edmount), Prime Minister and sole Member of Parliament.