1850 American Gold Tycoon
Chapter 167: Opponent’s Flaws
The weather in California has gradually warmed up in April, and the warm spring breeze is blowing in your face, which is refreshing. Google search reading
After the area on both sides of the American River in Sacramento was designated for exclusive agricultural use, gold prospectors left the place where all the gold had been extracted.
There are many reasons why these gold prospectors left the American River mining area. In addition to the California government's administrative order, it is also true that after more than a year of intensive mining on both sides of the American River, there is not much gold left.
There was another very important reason that prompted them to abandon the mining areas on both sides of the American River, and that was that Liang Yao's Shennong Farming Company offered an attractive price for their land and bought it from them.
It is worth mentioning that these gold diggers originally bought these lands from Liang Yao, and now these lands have returned to Liang Yao's hands.
Aspinwall of the Pacific Mail Line looked at the employees of the Shennong Agricultural Reclamation Group who were leveling the land and was filled with emotion.
"Liang Yao is really a business wizard. Not only can he make a good profit by buying and selling this land, but during the year when the miners were tied to this land, their daily necessities must have been purchased from Liang Yao. Yes."
John and Milnus' eyes fell on the carriages filled with luggage and supplies and the groups of gold diggers.
Some of these gold diggers took the money from selling their land to find another way out, while more people took the money and chose to go all the way east to the legendary gold-filled foothills of the Sierra Nevada, which is now the new territory of California.
A year or two ago, these gold diggers were beguiled by the same news and came to California and Sacramento from all over the world with the dream of getting rich. However, most of them did not get rich.
"I don't know how many of these gold diggers have made a fortune, but Liang Yao and the gang of gangsters around him must have made a lot of money. They control the economic lifeline of California."
John said indignantly.
Although he had issues with Liang Yao and hated Liang Yao, he had to admit this fact.
Just as the Astor family controlled real estate in New York, Liang Yao controlled gold in California and all profitable industries.
With advanced machinery and efficient gold mining technology, their New York consortium can still benefit from the gold rush in California that has not subsided.
But it’s just soup. The California government’s taxes, the purchase of mercury mines, the purchase of daily necessities, etc. are huge expenses. After excluding these expenses, there is not much gold left.
It was a far cry from what they expected when they came to California.
I thought California was a place for fish, but I didn’t expect that after arriving in California, I became a place for fish.
This psychological gap was difficult for John to accept.
"Mr. Aspinwall, I wonder how your Pacific Mail Line is currently operating?"
Milnas asked about the current status of the Pacific Mail Line.
Aspinwall accompanied John and Milnus by carriage into the city of Sacramento.
After the gold prospectors on both sides of the American River left, the city's popularity dropped significantly. In the past, the streets of downtown Sacramento were crowded with people and difficult to pass.
Today, their carriage was actually traveling unimpeded on the main road in downtown Sacramento.
Some of the main roads in Sacramento have been paved with cement. The streets are very clean and even water accumulation is rare. Employees of the construction company are laying drainage pipes to eliminate the original open channels. The discharge of sewage into the open channels will inevitably emit unpleasant odors. A nauseating smell, especially in the summer.
Open channel drainage and sewage were just a stopgap measure before, because before that, California had no steel plants and lacked steel, so it was naturally impossible to produce drainage and sewage pipes.
"The current situation of Pacific Mail Line is not optimistic either."
Aspinwall sighed and continued.
"On the eastern section of this route, the Pacific Mail Company has to compete with the shipping king Vanderbilt, and in the western section it has to compete with Liang Yao's Global Shipping Company. Neither of these two guys is a fuel-efficient lamp."
The situation of the Pacific Mail Company was no better than that of the New York consortium that was panning for gold in California.
The Nicaragua route diverted a lot of their passenger sources, and they started a price war with the Panama route's Pacific Cruise Line.
Pacific Mail Line's Panama route has been losing money since its inception.
If it were not for the support from the federal government and the New York State government, and the renewal of orders from the government and the Oregon Territory, the Pacific Mail Line would have gone bankrupt long ago.
Aspinwall also thought about giving up this loss-making route, but the government's support behind him was to maintain postal connections between the eastern and west coast of the United States. He could not give up if he wanted to.
"Few people can shake Vanderbilt's position in the shipping industry. It's just that Global Shipping Company has just been established. How can they compete with Pacific Shipping Company on the western route?" John was very surprised.
“Global Shipping Company’s large ships focus on transporting Chinese immigrants to California on the China route, while the ships running the Nicaragua-California route are small ships. Logically speaking, compared with Pacific Mail Line, Global Shipping Company has no advantage in this western route.
However, Vanderbilt also established the California Line, and his assistant Nigel was responsible for running this route. The combination of the California Line and the Universal Line made the Pacific Mail Company lose its competitive advantage in the western route.
I heard that the steamship Hope was launched at the California Shipyard. If the production of the Hope increases, it will be a huge blow to the Pacific Mail Line. "
Aspinwall said worriedly.
"According to the information I have collected, Vanderbilt is selling his ships to Liang Yao. Five large steamships are about to arrive at Cape Horn in South America, heading for California. As soon as these ships arrive, the world The advantages of shipping companies will be further enhanced.”
"These damn yellow-skinned monkeys, I want to take all their scalps and make boots."
When he heard that Liang Yao was moving Chinese immigrants to California, Burnett couldn't help but look out the window. On the streets of Sacramento, there were many Chinese immigrants with Indian-like complexions and facial features.
"There are now at least 30,000 to 40,000 Chinese immigrants in California. Liang Yao is dyeing California and even the United States red. The skin color of Americans should be white, not yellow and black."
"Burnett, put away your racial hatred and prejudice. This is California. It is the state where the yellow people you look down on are in power. Chinese and Indians cannot be generalized." Milnas said sternly.
"Although I also hate Liang Yao and these Chinese, you have to admit that they govern California very well."
"I agree with Milners that we cannot let emotions and prejudices influence our judgment. We have suffered a lot in this regard."
John agrees with Milners that he has suffered in this regard.
Liang Yao is not an incompetent person, and the Chinese soldiers are not cowards. This is something that has been proven by facts.
"Mr. Aspinwall, what are the plans of the Pacific Mail Line?" Milnas asked with great concern. "The Pacific Mail Line has been in a state of loss, and it is not a long-term solution."
Milners was concerned about the Pacific Mail Line because his family also owned shares in the company.
The Pacific Mail Company was originally established with the government's golden key. It was a rare high-quality investment. Not only the Milners family, but also many prominent celebrities in New York participated in the investment of the Pacific Mail Company.
Aspinwall smiled slyly: "Fan and Liang have strong financial resources. They compete head-on. Pacific Mail Line is not their opponent, but they are not without flaws."
"What's the flaw?" John's eyes lit up.
"Corelius Garrison, Vanderbilt's main person in charge of the Nicaragua route, was a breakthrough." Aspinwall said calmly.
"It is difficult for Vanderbilt to trust a person, but once he trusts a person, he will have deep faith in that person. Vanderbilt and Garris are from the same hometown, and they have had a close friendship.
It's just a pity that Garrison is only a person who seems trustworthy on the surface. This is the flaw. The Nicaragua route is not unbreakable.
Maybe we can exploit this flaw. "
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