1850 American Gold Baron

Chapter 160 The Captain takes action

At this time, Martin was just a gold prospector with nothing, not a Gilded Age mining tycoon.

In California, only Liang Yao could provide him with protection, so he had no choice.

The outcome of receiving US$50,000 and becoming a founding shareholder of a mining company with great potential has exceeded Martin's expectations.

For his own future and his family, Martin has no reason to reject Liang Yao and cannot afford the consequences of rejecting Liang Yao.

"How many original shares do you plan to issue to establish this gold mining company?"

Martin asked biting his lip.

In his hand was the $50,000 check he had just received from Kony, which was all his assets now.

"20,000 shares, $100 each."

Liang Yao said.

US$2 million is more than enough to set up an Australian gold mining company. Before Australia's mineral resources were developed, Tu'ao was an out-and-out remote place with neither decent plutocrats nor capable entrepreneurs.

A new gold mining company composed of experienced gold mining veterans entered Australia with a start-up capital of US$2 million, which is undoubtedly a dimensionality-reducing blow to local gold prospectors.

Of course, Liang Yao cannot hold all of these shares.

After all, Australia is the territory of the British. It is impossible to monopolize this big cake. Only by giving a share to the dignitaries of the Australian colonial authorities and another share to the British Empire can they safely harvest Australia's gold.

Gibson has expressed his attitude to Liang Yao privately. As long as Bahrain Bank can invest 30% of Liang Yao's gold mining company in Australia, Bahrain Bank will fully support Liang Yao's entry into Australia and provide convenience for Liang Yao.

When it comes to gold mining, looking around the world, Xiangshan Gold Mining Company can be said to be unique.

No matter whether it is gold mining talents or gold mining technology, no gold mining company can compare with Xiangshan Gold Mining.

Australia's new gold mining company will recruit experienced miners and managers from Xiangshan Gold Mining Company to share the gold mining technology of Xiangshan Gold Mining Company. This is very attractive to Bahrain Bank, which believes that this is a very cost-effective investment.

"I want to use the $50,000 I have in hand to buy 500 original shares of the new Australian gold mining company."

Martin resolutely put down the $50,000 check in his hand.

"Very good." Liang Yao stood up and looked at Martin with approval, "I will exchange the US$50,000 in your hand for 500 original shares."

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The Port of San Francisco is crowded and lively.

Thousands of San Francisco citizens went to the port to catch a glimpse of the Hope.

California dignitaries also appeared at the port of San Francisco early.

The Hope is not a big ship, it is just an ordinary wooden-hulled steamship with a displacement of only 500 tons.

But the Hope is of extraordinary significance to California. It is the first steamship independently produced in California. Every component on the Hope is made in California.

As its name suggests, the Hope is the hope of California and the pride of California.

The Hope is not alone. Next to the Hope, the Sacramento, which is slightly larger than it, is parked.

Today, after completing the ribbon cutting, the Hope will compete in a water speed competition with the Sacramento.

At the port of San Francisco, there were not only citizens of San Francisco, but also citizens of Sacramento. They made a special trip from Sacramento to San Francisco just to witness this water speed competition.

The reporter from the "California Daily" had already selected a location in the port, set up the camera, and put the two ships into the viewfinder at the same time.

Of course, the protagonist of the photo is undoubtedly the Hope, and the Sacramento is just a foil today.

Vanderbilt, who had just arrived in San Francisco, was as happy as a child when he heard the news. It was a coincidence that he arrived early and caught up with a good show.

"Jeremiah, what do you think of this Hope? Can it beat the Sacramento?"

With his hands behind his back, like a general inspecting his soldiers, Vanderbilt inspected the two small steamships, the Hope and the Sacramento.

The USS Sacramento was his proud work four or five years ago and adopted the most advanced shipbuilding technology in the United States at the time.

"From the appearance point of view, the Hope is a fully qualified steam ship, but the competition is about the power of the steam engine, the quality of the fuel, and the driving skills of the helmsman. These things cannot be seen on the dry shore."

Shipbuilding expert Jeremiah Simonson gave a more pertinent and objective evaluation.

He has 10% of the shares in the San Francisco Shipyard, as well as his former apprentices and workers in his shipyard.

If he rashly makes an evaluation that is too subjective, the Hope will lose the racing competition and he will be disgraced.

"Whether Hope can win this racing competition depends on its heart, which is the steam engine. If Hope's steam engine is powerful enough and can output enough power, even if there are some flaws in the design, it can be overcome by the powerful steam engine.

cover."

Steam engine manufacturer Theodore Secor was a steam engine onlyist.

He believes that the steam engine is the key to whether the Hope can win this water racing competition.

Theodore was also very curious about the current level of steam engine manufacturing technology in California.

The USS Sacramento was manufactured using the most advanced American technology five years ago, and the steam engines used on the USS Sacramento are still out of date today.

Liang Yao cut the ribbon on the Hope amid the cheers of the people of California.

The "California Daily" reporter who took the Vanderbilt boat back to California, that is, Collins, the reporter who became famous in the American journalism world for photographing and reporting the Los Angeles massacre, recorded this precious moment with the camera he carried.

.

"Vanderbilt, I didn't know you were coming today. If I had known in advance, I would have been prepared to welcome you."

Liang Yao walked up to Vanderbilt, an old friend he had not seen for several months, and shook hands with him cordially. Vanderbilt had provided him with considerable help during the Mexican land grant controversy.

"I came to California to check the profits of the companies I hold shares in, and I don't need to bother the Lieutenant Governor to clean up my affairs."

Vanderbilt said cheerfully.

Obviously, he is in a very good mood now.

"On behalf of the people of California, I thank you for your support of California." Liang Yao said.

"I'm just making some gold in California, and helping the people of California by the way. This little thing is nothing to mention." Vanderbilt looked at the Sacramento not far away and rubbed his hands eagerly.

"The Sacramento is my favorite boat that I personally designed. In today's racing competition, I want to drive the Sacramento myself."

"Of course, you are the most suitable person to pilot the Sacramento."

Liang Yao agreed to Vanderbilt's request to drive the Sacramento in a water racing competition.

I'm a sucker for naming. Please post this chapter here and give a name to Australia's new gold mining company. The name with the most likes will be chosen at that time.

(End of chapter)