HE Dr. Paul Choo, Ph.D, The Prince of Soul, AOD-Col, RT-3
Everyone with an interest in the University, Culture & Science, the shareholders of the Most Ancient and Worshipful Corporation of the Town Hall, and for the success of the Kingdom
Greetings,
Despite my involvement in the Kingdom since 1418, and the fact that I am the person who has seen the largest number of other players in the real life, and participated in the (1st) Satoshi Roundtable - among the newer entrants there time and again circulates a rumor that I don't even exist.
The rumor is false: I very much do, and converse intensely with my friend, HM the King, about what is the right course of action for the Game, and for our commercial success as well. The King has instructed me to buy gold when it was undervalued, and huge areas of land, when that was. Having a sound financial base, which I do, due to my successful endeavors in foreign lands, and my advanced age, enable me to take a long-term stand in current matters.
The loss of the University (Main Building) in its youth, as it had barely started to produce fruit, was a terrible loss of morale for many. I am fully in favor of the King's new, decentralized plan, believing that it will more quickly, more fairly, more steadfastly and more robustly increase the Culture&Science production in the Kingdom, which we need to increase our living conditions and compete with foreign lands in the new century that is ahead of us. I can draw the parallels with the decentralized Army, which I strongly believe is a winning concept compared to the one where the forces would be in one hands only, no matter how noble our King is, he is now mortal as well as the rest of us, and the successor situation is not at all clear. Power corrupts, and absolute power corrupts absolutely. In the same line of thought - I welcome the increased role of the Church in new player accommodation etc., while hoping that the organisation could be made transparent and decentralized. I offer my token pledge of 100 gold to the Church.
I own land in Culture&Science, the Borough 3 which I support to be renamed University, once a few colleges have started operations there. I am willing to offer this land at reduced prices for the new colleges. The 3-NW already has the Soul Park, which fulfills the criteria of the area being suitable for the King's hopes of the University being sprinkled with green. I will also establish the University Institute of Eastern Cultures there once the reconstruction situation allows.
In addition, I have decided to not claim back the 1,500,000,000 m donated to the old University. It was a donation, and it was spent according to the wishes, and the University was one of the 3 "my" buildings that received heavy damage in the earthquake. I was the person who suffered the most, by far, but hold the understanding that natural forces cannot be affected, human life is not secure, and the rich are in that position so that they could help their inferiors in the times of suffering, while letting them alone to grow their fortunes when no such help is needed.
In addition, I have, rather ironically, minted a PAULUS PRINCEPS SEOUL // DONATOR UNIVERSITATIS gold coin, in the same year that the building pictured in this large and beautiful 25 CKG coin was completely destroyed. Watching the coin - gold is eternal - sealed my determination that not a penny from the donations would pass back to me. Rather,
I pledge 100*CH1600Y gold coins to be sold to collectors and supporters of the University at a price of 2 million each (p.o.) to help to make the claims whole. If not all the coins are sold in this manner, I will redeem the remainder and pay the 2 million each myself to the University. If the claims can be made whole, it is up to the administration how to use the funds.
Which brings us to the administration. The King explained his dream of the new University to me and persuaded me to take the position of Chancellor, after HE The Marquess resigned and reaffirmed his non-willingness to continue even after the King's hint. As for the qualifications, he pointed out my position as Professor IRL and very wide connections to all walks of life. After some hesitation, I decided to accept, and promised that I can allocate the time to fulfill the duties in V.4 (against his promise that he will continue to take care of my finances as he has done so far). We both feel that the only person more suitable for taking the helm as Chancellor at this point is HH The Duke of New Liberty, but he has not been able to be contacted lately. If he is interested and can spare the time for the role that requires good interpersonal skills, we are both happy to pass it on to him.
As for the Town Hall, it has been difficult to reach the other stockholders. With careful examination of the state of the current structures, of the company finances, taking into account the wishes to widen the New Liberty Street, but also that the Town Hall is a Cultured Building and for a reason, I propose the following:
- The Town Hall will be restored.
- We aim to not raise new funds via a stock offering, because many owners would experience dilution, and the commercial valuation of the Town Hall is hard to determine - an offering would lead to the increase in my ownership for sure, and while I do have the interest in increasing it, this means would be perceived unfair by some at least.
- To raise the money for repairs, an offering of the immensely historical TH1454 bronze coins will be made, in addition other non-essential property will be sold, and of course we hope that the ongoing activities will be profitable as well.
- Taking a short-term loan from the Hypothecary Bank is also possible if it cannot reasonably be avoided.
As for the Portal, I have deemed the loss of 2,500 sqm of prime commercial, restaurant, office and apartment space to be an instance of extremely bad luck. Nevertheless, since The Prince of OZ has built a multipurpose property just the opposite, the reconstruction of the Portal is not of immediate importance, and the site will be cleared. The remaining structures, the corner bar and the Department Store, are left standing and operational.
The calamities, misfortunes, and losses are meted out to us humans to enable us to better understand life and feel and appreciate the good times more deeply. With pleasure I hear of the plans of large new constructions in 5-N, the zeal in the Fellowship of the Round Table, even the schemings of the Church to make the gameplay interesting for people with lesser means. My feeling is that we are just about to begin this game, and consequently hinted the King that my financial involvement in it will continue in the following months.