Great Engellex
Established Nation
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SoCRER CONGRESS APPROVES NEW AND DEREGULATED COMMODITIES
Free Trade of Capital Duties Returns
October 27 2017
Elephant and Castle, SoCRER - The SoCRER Senate Committee on Commerce and Manufactures yesterday evening approved the recommendation from the House Committee on Commerce and Manufactures on the new and deregulated commodities for a general release on SoCRER regulated markets and exchanges in South Himyar. Most notable among them are such commodities as the much anticipated entry of Capital Duties on local SoCRER regulated exchanges. The entry of Capital Duties allows for their freest exchange between private citizens and corporations on new Human Commodity Exchanges, not since experienced for three-hundred years, with a potential for great commercial and social success. The Southern Pharmaceutical Manufactory (SPM), owned by the Engellexic Thaumantic Company, yesterday also had approved and released the fruits of what has been the most determined lobbying effort in the Engellexian Republic over the last decade: the first batch of central nervous system stimulants, for the now approved and upcoming loosening of the Regulations on Capital Duties Medication Practices, to be made immediately available to SoCRER markets, though no restrictions are imposed to prevent the indirect release and sale to NoCRER.
What has truly sparked controversy, however, is the unanimous approval of a new class of transport vessel, the human commodity tanker, for construction and sale within SoCRER. The patent finalization, approved only a weeks ago by the Engellexian Republic Patents Commission, is the second of its kind to take place over the course of the last three months when a specialised articulated lorry for the transportation of the human commodity was approved within SoCRER. It has left market speculators hesitant, given the volume of human commodity trade necessary to render such transports commercially viable, and thoroughly outraged the growing contingent of obsolescent transport companies and drivers who feel they're being left behind from the mass-industrialisation and liberation of the Human Commodity Market.
The position of SMTEs is certainly quite clear, that such growing developments in SoCRER are not sustainable, economically or socially, and that the Southern Congress needs to urgently reconsider approvals, said Theseus Woollingham, Spokespersons of SMTEs (Small, Medium Transport Enterprises), an organisation founded five days ago with the regressive intention to protect the personal and individual interests of small, inefficient transport workers against a revolution of technology, efficiency, and unprecedented potential for high productivity within that particular market.
Transportation of Capital Duties and their usage within industry and manufacturers is but a tiny percentage of the markets and industries involved, yet the human commodity niche is being catered to almost exclusively over the past four months here, in SoCRER. The consolidation of wealth by those at the top of these companies, markets and industries is potentially destructive to our society, and economy. Vast levels of power, political and economical, is being directed to them at unprecedented levels. Should this continue as is, it should develop into a monstrous recession and millions of jobs lost, both for transport workers, and those within industries about to have Capital Duties introduced. The irresponsibility being displayed here is frankly disturbing, stated Theseus Woollingham.
Responding to these accusations, Leta Saru, Public Relations Director for Henrietta Shipbuilders, a subsidiary of the Engell-Himyar Trading Company, patent holder and manufacturer of the human commodity tanker, stated, Henrietta Shipbuilders is a pioneer in the development and technological advancement of commercial vessels and warships. To sustain our corporate success, the success of our local communities, and the economic success of SoCRER, as a corporation we must be successful in understanding and being ahead of emerging industry demands. Quite frankly, capital determines the profitability of a corporation. If Henrietta Shipbuilders is to remain one of the largest employers in Henrietta, and continue to contribute handsomely to the treasury of the Republic, then we must be permitted to follow capital without the weak moral oversight being levied by questionable organisations, such as SMTEs.
The Elephant Human Commodity Exchange (EHCX) opens to traders October 30 2017.
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