Sôgmô Establishes Treasury & Persumo, Reforms Legislative Process

Ave, Sandum Citizens!

The Office of the Sôgmô has released a decree establishing a Bureau of the Treasury, which will maintain the “wealth of the nation” and will print Persuma bills. In the opening proclamation, the Office noted that, in creating this Bureau, there forms a precedent for establishing ministries and “pre-ministerial offices” beneath the Office of the Sôgmô and in the Central People’s Government. The Sôgmô has also transferred ownership of a white box marked in red pen with the word “Sandus” on it, which has stored the wealth of Sandus whilst the Sôgmô has owned it personally, to the State of Sandus; in doing so, the Sôgmô noted that “his personal [proletarian-based] wealth is not that of the Central People’s Government”, yet it is the State’s in so far as “his willingness to finance the running of Government and of the Advances of the Sandum Nation-State” as the Sôgmô has always done. In making the white box, now known as the Monetary Vault of the Bureau of the Treasury, the property of the State rather than of his person, the Sôgmô announced that the Monetary Vault contained $190.81USD. This amount would continue to be used as the Sôgmô explained how it would be linked to the value of the Persumae.

ValueofPersumo

The Sôgmô has authorised the Bureau of the Treasury to keep safe the Monetary Vault, considering it of national importance, and also tasked the Bureau to make the Persuma bills secure from counterfeiting and devaluation. Already, one way in which Persumae will not decrease in value is that there shall be two sorts of Persumae: circulatory Persumae (those with a value described above) and non-circulatory Persumae. Circulatory Persuma shall be for use in the economy of Sandus and can not be taken outside of the economy (thereby decreasing the value); unlike in other systems, the Monetary Vault will be safe-guarded from being used to pay for State business and, instead, a separate vault shall be kept for that purpose and so not to link it to the value of the Persumo. Non-circulatory Persuma (also known as tourist’s or visitor’s Persumae) possess no value and are sold or given by the Office of the Sôgmô; they remain outside of the Sandum economy and therefore are not linked to the amount of money invested in the Monetary Vault.

In so establishing the Bureau of the Treasury, the Office of the Sôgmô has created precedence for two different issues in the Sandum government: the legislative process in Sandus and the way in which ministries are created in the Central People’s Government. In concerns to the legislative process, the Office of the Sôgmô has not issued any new law, decree, or edict since Martio MMXII. However, with the passing of this decree, the Office of the Sôgmô ends that hiatus and, instead of the grandiose laws established before the present time, replaces them with simply-worded, straight-forward and frank decrees.
In concerns to ministries, Sandus has not had working ministries since the Democratic People’s Republic of Sandus (April – August 2010) and has not had theoretical ministries since the 2nd Barony, of Kremlum Sandus (October – November 2010). In establishing this Bureau of the Treasury, reminiscent of the Grand Lamate of Sandefreistikhan (wherein ministries were referred to as “bureaux”), the Sôgmô has created a process in which ministries can form from smaller, specialised segments of the broader Office of the Sôgmô. Once functionaries are tasked with the running of the Treasury, and — as pointed out in the frankly-worded decree — when a functionary excels above them in work, a minister can be appointed.

In effect, the Office of the Sôgmô has established two importance precedents by the creation of one necessary State organ, which was necessary in the future for the printing of Persumae and the commencement of the Tellus Agrarian Cooperative.

— Sôgmô Sörgel

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