D'Artagnan59
The Gascon
Nordstream has Japan at the moment.
Also I'm glad to see so many old NESers come back.
Panda, Reno, Joseph, welcome back![]()
HIEROPHANT ANNOUNCES BROAD AGENDA OF MODERNIZATION
CICERO RHODES, Chief Alexandrian Correspondent
ALEXANDRIA -- Hierophant Claude Julian announced yesterday, following a closed session with His Majesty's ministers, a broad agenda of industrial modernization and economic reform. In a move that many believe has come about through direct encouragement from the King himself, the Hierophant has given his majority a new, extensive legislative agenda.
This announcement, however, does not come as a complete surprise. In recent speeches, the King himself has acknowledged that Egypt, though a great beacon of civilization, must be brought into the twentieth century at once. Citing Egypt's humanistic tradition, and the need for constant self-reflection, His Majesty urged "an end to complacency, and a beginning of renewal." Sources within the palace have stated His Majesty's increased frustration at legislative stalling and a lack of real action from the people's representatives. Both the Admiralty and the Army have been petitioning the Hieros for increased budgets in recent months, with an eye on modernization programs, and it is rumored that European advisors are being brought to Egypt. Spokespersons for industry, too, have been lamenting the speed at which more modern countries, even small neighbors such as Ionia, are overtaking Egyptian production. As advances are increasingly disseminated throughout Europe in a new, more global, economy, and as governments increasingly place their strong hands at the wheels of their economies, many, more forward thinking Egyptian magnates have expressed anger at a lack of what they view as necessary government protections and encouragements. "How can Egyptian corporations compete against whole governments?" Asks a somewhat frantic memorandum, from one of Egypt's largest corporations, recently released to The Times.
It seems, that finally, in this new program, the economic reform that so many have asked for is finally coming. While actual legislation is not expected to reach the floor of the Hieros for a few weeks, the Hierophant gave a broad outline of the program in his announcement, and it will include, among other things, direct government investment into key industries (with money targeted specifically towards modernization and expansion), infrastructure investments--specifically rail and other modern transportation, educational investments, and an expansion of grants to research and technical institutions. A Planned re-organization of the nation's key financial institutions has also been announced, with the intention of establishing an Alexandrian Stock Exchange. In order to pay for this vast program, the Hierophant has announced his intention to push through a slight tax increase, and an expansion of protective tariffs.
Yet, while support has been broad--buffeted by a coalition of industrialists--some have expressed concern. More conservative leaders, specifically, those with ties to the old trading houses, have worried whether a focus on modern industry will hurt their commercial businesses, and reformist leaders have wondered openly whether or not any of this money will give benefit to the common man.
These concerns, however, lie at the fringes of debate, and it seems, that for this moment, Egypt is on a course, powered by steam and rail, towards the twentieth century.