History of Urcea (1902-1955): Difference between revisions
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The '''History of [[Urcea]] from 1902 to 1955''' consists of the time period between the restoration of [[House de Weluta]] in 1902 and the formation of the [[League of Nations]] in 1955 specifically but more generally the end of the [[Great War]] and beginning of the [[Occidental Cold War]]. This period was characterized by Urcea's participation in Levantine affairs for the first time since the end of the [[Second Caroline War]], culminating in its participation in the [[Great War]] from 1927 to 1953. During this period, Urcea became a globally recognized {{wp|superpower}}. The first several decades of this period saw Urcea in a period of reconstruction following the [[Red Interregnum]], while the remainder of it was consumed with the nation's involvement in the Great War. | |||
==Restoration== | |||
[[King Patrick III]] assumed command over a broken nation; the organs of the [[Constitution of Urcea]] were non-functioning (the "[[Concilium Daoni]]" convened at gunpoint was of dubious legality), the landscape was torn apart, and the national economy was disrupted. The King ruled over the Kingdom with an absolute level of authority not seen before or since by an [[Apostolic King of Urcea]]; the functions of government on every level were controlled by an occupying army that had spent the last half decade fighting to put him in the [[Julian Palace]]. The King, taking lessons from his father, decided to make his first priority the restoration of government with reasonable reforms included. The very first act the King made was to declare that the [[Urcean Republic]] was never legal and that the [[Concilium Daoni]] had no authority to dissolve the Apostolic Kingdom and, further, that no power on earth had the authority to abrogate the [[Golden Bull of 1098]]. The King, controversially, decided to accept the results of the 1900 Daoni election. Despite giving legitimacy to a controversial election, many of the socialists who had been elected had since been killed, and in the ensuing by-elections the [[National Pact (Urcea)|National Pact]] filled the vacant seats and were compelled by the King to form a temporary unity government with the remaining National Democratic Party delegates in the Daoni. Having restored some semblance of organized government under the Constitution, the King turned to unpacking the reforms of the Crown Regency and deciding what to do with the last decade of laws while also considering new reforms that would prevent such a seizure of power from occurring again. | [[King Patrick III]] assumed command over a broken nation; the organs of the [[Constitution of Urcea]] were non-functioning (the "[[Concilium Daoni]]" convened at gunpoint was of dubious legality), the landscape was torn apart, and the national economy was disrupted. The King ruled over the Kingdom with an absolute level of authority not seen before or since by an [[Apostolic King of Urcea]]; the functions of government on every level were controlled by an occupying army that had spent the last half decade fighting to put him in the [[Julian Palace]]. The King, taking lessons from his father, decided to make his first priority the restoration of government with reasonable reforms included. The very first act the King made was to declare that the [[Urcean Republic]] was never legal and that the [[Concilium Daoni]] had no authority to dissolve the Apostolic Kingdom and, further, that no power on earth had the authority to abrogate the [[Golden Bull of 1098]]. The King, controversially, decided to accept the results of the 1900 Daoni election. Despite giving legitimacy to a controversial election, many of the socialists who had been elected had since been killed, and in the ensuing by-elections the [[National Pact (Urcea)|National Pact]] filled the vacant seats and were compelled by the King to form a temporary unity government with the remaining National Democratic Party delegates in the Daoni. Having restored some semblance of organized government under the Constitution, the King turned to unpacking the reforms of the Crown Regency and deciding what to do with the last decade of laws while also considering new reforms that would prevent such a seizure of power from occurring again. | ||
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The Urcean economy became increasingly unstable due to the loosened restrictions on usury proclaimed by the King several years earlier. In [[1908]], the Royal Bank of Urcea informed the [[Concilium Purpaidá]] that received interest on its excessive lending was insufficient and that the Bank may face an insolvency issue by the late 1910s. This fact became public in February 1909, leading to major concerns of debts being called in. On 12 February 1909, a massive market sell off began as speculators sought to have enough liquid capital to cover a debt recall. This sell-off lead to a chain reaction beginning the [[Great Depression]] in [[Urcea]] and [[Levantia]] as a whole. The National Democratic Party-lead [[Concilium Daoni]] passed the "National Banking Act" on 12 March 1909, which reinforced pre-Interregnum anti-usury laws and ordered the Royal Bank to restructure by changing from an interest-based to a non-interest based system. These moves stabilized the economy for the time being, but the country was plagued with some political turmoil for a decade to come. While the country remained more stable than it had been in the period of the Regency, a low-level war began between the [[Agency for the Preservation of the Restoration]] and the insurgent [[Republican Party (Urcea)|National Republican Army]], whose ranks swelled with unemployed, especially unemployed veterans. | The Urcean economy became increasingly unstable due to the loosened restrictions on usury proclaimed by the King several years earlier. In [[1908]], the Royal Bank of Urcea informed the [[Concilium Purpaidá]] that received interest on its excessive lending was insufficient and that the Bank may face an insolvency issue by the late 1910s. This fact became public in February 1909, leading to major concerns of debts being called in. On 12 February 1909, a massive market sell off began as speculators sought to have enough liquid capital to cover a debt recall. This sell-off lead to a chain reaction beginning the [[Great Depression]] in [[Urcea]] and [[Levantia]] as a whole. The National Democratic Party-lead [[Concilium Daoni]] passed the "National Banking Act" on 12 March 1909, which reinforced pre-Interregnum anti-usury laws and ordered the Royal Bank to restructure by changing from an interest-based to a non-interest based system. These moves stabilized the economy for the time being, but the country was plagued with some political turmoil for a decade to come. While the country remained more stable than it had been in the period of the Regency, a low-level war began between the [[Agency for the Preservation of the Restoration]] and the insurgent [[Republican Party (Urcea)|National Republican Army]], whose ranks swelled with unemployed, especially unemployed veterans. | ||
=== Imperial Resurgence === | === Imperial Resurgence === | ||