Milan I of Serbia present in work Kraljevina Srbija
Regency of Milivoje Petrović Blaznavac
As Milan was still underage to rule on his own, a regency was established to rule in Milan's name.  The three-man council was headed by Blaznavac. Statesman and historian Jovan Ristić and Jovan Gavrilović, a politician and historian from a wealthy merchant family rounded out the trio.
Young Milan was brought back to Serbia from Paris and enthroned in front of the Topčider assembly while the Blaznavac-controlled army surrounded the building just in case. Furthermore, prominent Serb nobleman from Dubrovnik, Medo Pucić, was brought to Belgrade to serve as teacher and adviser to the prince.
Under Blaznavac's tutelage, both personally and politically, the prince deferred to the head of the regency council in all matters of state. Prince Milan did not benefit from a large inheritance from his wealthy family as all of Prince Mihailo's vast property went to Mihailo's sisters (Prince Miloš's daughters) Petrija's and Savka's children. The only property young Prince Milan did inherit was his late father's compound in Mărășești that had an overwhelming amount of debt associated with it.On 2 January 1869, the third Serbian constitution, mostly Ristić's creation, was promulgated.
In 1871, the prince faced two separate incidents although it is unclear as to whether these were genuine attempts on his life. In May as he exited the National Theatre building, a bomb exploded a couple of hundred metres away on Terazije. Buried under a footpath, the exploded device didn't cause anyone injuries.  At the time and there was speculation in Serbia that it was Blaznavac who had organised the explosion in order to scare and confuse the young prince who was nearing his age of majority into remaining reliant on Blaznavac. The event became known as the Terazijska bomba (Terazije Bomb) in the Serbian historiography.
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