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|universe=[[Cosmere]]
|books=[[White Sand]]
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The '''Taishin''', or the council of guilds, form the ruling body of [[Lossand]]. It is composed of eight members who represent the eight Professions of Lossand. In the first vote on the [[Diem]] all of the Taishin, with the exception of Lord Admiral [[Delius]], voted to disband the Diem.
=== History ===
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Centuries before Vey took the position, a man named [[Hennin]] was the Lord Merchant. He reached the position when two of his relatives died, leaving him enough of a fortune to become Lord Merchant. The Lord Mastrell of the time started a personal account with Hennin, and Hennin would put the Diem's tribute money into the account.
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After Hennin's rule, when the next Lord Merchant took over he discovered that a vast sum was now owed to the Diem, the original tributes and a large amount of interest. Over the years the debt has increased to the point where it is impossible to pay back.{{book ref|ws3|3}}
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