[h2][center][b]High Kingdom of Itherae[/b][/center][/h2]

[h3][center]A Start. [/center][/h3]

June 14th, 1905.

The day is known to many Itheraens as the day that the Itheraen colony in Serrenthia, known to the world as Néo Méros, had been ‘finished’ colonizing. While the colony had a small amount of active settlers, it did have ability to grow into a prosperous colony within the High Kingdom, especially with the near 8,600 Tehmig within its borders and other native coastal tribes that would eventually be incorporated as full citizens to the Kingdom. With the success of the colony, bringing much needed growth to national GDP and industry, and this success would be headed by local government that had been formed there. The Apoikiakó Spíti Itherae would officially be recognized as the local government of the colony by the Supra Dobranie and her Majesty.  However, trouble within the colony arised when the question of the nation’s debt crisis coming to fruition on the stage of the Supra Dobranie, and then into the Queen’s lap. 

Politicians in the Supra Dobranie had speculated that selling the colony to a major colonizer, such as the very nation they owed the major debt towards, the Taran Empire. However, the idea was dashed by nationalists, and many of the colonial supporters within the Monarchikó Kómma, as well as the Queen, who saw that it would have been a waste of Itheraen resources and time if they were just to sell it. Rather, members of the Ethnikí Epitropí Itheraen would present Queen Athena and the  Monarchikó Kómma with the “Antiochis Compromise” in late June.

The Antiochis Compromise would essentially bid 10 km sq. sections of unused colonial lands to be developed by foreign or internal companies in an attempt to raises money to pay off the debt owed, this land would still be owned by the Itheraen Kingdom, but private companies would be allowed to develop the land of their own accord. Additionally, the compromise would raise the corporate tax on Grains and Cereals to 21.5%, to encourage a diversification in Itheraen Industry, and introduce an income tax of a meager 2% on the Itheraen people.

While the Antiochis Compromise would pass, it would also bring to light the pressure of the Itheraen poverty, which citizens were still pressuring the government to bring lower. That was the birth of the Organismós Chrimatodotikís Voítheias (Financial Aid Organization) which would aid unemployed, below the poverty line, to find jobs. Additionally, those under the poverty line would be exempt from taxes, so long as they could prove that they were below the poverty line. This organization would be headed by a humanitarian activist Ceyx Pales, who had been imploring the government to provide some form of aid for those families under the poverty line. Finally, with the founding of this Organization, it would be given a meager $100,000 in yearly funding. 

Additionally on the homefront, came the start of the Itheraen Navy with the purchase of three Zitori-class Destroyers; the Cerberus, Medusa, and Minotaur, respectively. While it was a meager force, it was still a start of the naval force. This force was still highly untrained, however, and so Itherae would invite naval officers and admirals to train Itheraen volunteer sailors for the start-up navies, primarily focusing on attracting trainers from the Tyrian Empire, Etelia, and the Toubres Empire. 
 
(+1 to all Orders)