1850 American Gold Tycoon
Chapter 196: Everyone has different ideas
"Mr. Thomas, I hope you can trust our ability and give us some time.
We will take steps to recover our losses, and Yinli Railroad will remain the most profitable railroad company in the United States. "
James assured Thomas.
Among many railway companies, Yinli Railway Company is one of the railway companies with the smallest decline in stock price.
Because Yinli Railroad Company controls the railway routes from New York to Chicago and other cities along the Great Lakes.
This railway route is currently the most profitable railway route in the United States and is irreplaceable.
Compared with other railway companies, Yinli Railway Company still maintains a relatively high level of trust due to its strong financial resources and shareholders with strong backgrounds.
However, it is an indisputable fact that assets have shrunk, passengers have decreased, and freight orders have plummeted. If no measures are taken to remedy the situation, the consequences will be inestimable.
Barings Bank is one of the largest shareholders of Yinli Railway Company.
If Barings Bank withdraws its capital, it will inevitably amplify the panic of other shareholders of Yinli Railway Company, and follow Barings Bank's lead in withdrawing capital from Yinli Railway Company, causing a series of chain reactions.
This is a result that James does not want to see. He wants to keep Barings Bank as much as possible.
"We at Barings Bank have always been very patient investors. Mr. James, we are also old friends. I still believe in your ability for the time being. I hope you will not disappoint me."
Facing the son of a wealthy New York family in front of him, the founding father of the United States, Thomas' attitude and tone were still very arrogant.
Because Thomas is survived by the Baring family, a wealthy European family that no wealthy family in New York dares to offend.
Thomas did not really want to divest from Yinli Railway Company, but just gave Yinli Railway Company a warning.
Indeed, as August said, Barings had the foresight to invest in California and opened a branch in San Francisco, California to handle business on the Pacific Coast of the Americas.
The current economic situation in California is very good, and Barings Bank's investment in the California region has achieved corresponding returns.
Barings Bank's largest partner in California is Liang Yao, and Thomas is now considering deepening cooperation with Liang Yao.
Barings Bank and America Group can cooperate not only in the gold mining industry, but also in the railway transportation industry.
Fish and Hunter, like James, were born into wealthy families in New York.
Before its stock price plummeted, Yinli Railroad was the pride of New York State and the entire American railroad industry.
Fish and Hunter were also stockholders and members of the Board of Directors of the Yinley Railroad Company.
Fish and Hunter are two completely different people, and their personalities are also very different.
Although their origins are similar, they both grew up in the families of big landowners and aristocrats at the beginning of the founding of the People's Republic of China, after the founding fathers.
But Fish is not a stickler for the past. He is good at understanding people and is willing to change the family's status quo to adapt to the new environment.
Before Vanderbilt became big, he was sure that this bold young man would change the pattern of the American shipping industry in the near future.
In the dispute between the Livingston family and the Vanderbilts over the Hudson River route, Fish was one of the few wealthy New York families who sided with the Vanderbilts, and introduced Vanderbilt to a very Reliable lawyers litigated cases for Vanderbilt and Livingston.
Fish firmly believes that change will lead to survival, and change will lead to death. If the Fish family wants to maintain its influence in New York State for a long time, it must make changes according to the external environment.
In the game between sailboats and steamships, the Livingston family stuck to the old ways and was unwilling to make changes. They still used sailboats and tried to maintain their leading position in the shipping industry by monopolizing the Hudson Route and the Yinley Canal. They were the last family. Good counterexample.
Compared with 20 or 30 years ago, the Livingston family's wealth and influence in New York are far less than before.
The current situation of the railway industry is just like the game between steamships and sailboats. Railway companies that are unwilling to make changes and the families that hold shares in railway companies will eventually be eliminated.
Hunter is more stubborn and prefers to live in his comfort zone.
Hunter's friends were basically limited to the social circle of his father's time, and he was unwilling to accept the new upstarts in New York led by Vanderbilt.
He felt that these grassroots upstarts were just a group of annoying upstarts, unworthy of being associated with nobles of noble blood like him.
It is unbecoming to deal with these people.
Like his father, Hunter missed the United States during President Jefferson's period (1801~1809) very much. He believed that the United States at that time was the real United States. Today's United States has deviated from the ideals and path of the United States at the beginning of the founding of the country and is drifting away. .
Hunter and Calhoun are the same kind of people, but the difference is that Hunter's starting point is higher than Calhoun's.
The Herald came to a slow halt.
After the train stopped, everyone got off the spacious and comfortable carriage.
Liang Yao and Vanderbilt were already waiting for them under the car.
Liang Yao knew very well that if his railway company wanted to gain a foothold in the eastern United States, it had to deal with these people.
It is necessary to get in touch with these people who have just stepped off the carriage, whether they are the aristocrats of New York State or the New York agents of the Baring family and the Rothschild family.
"You must be the Speaker of the California State Assembly and the Chairman of the Board of Directors of the Americas Group, Mr. Liang Yao."
After getting off the car, Thomas enthusiastically stepped forward and shook hands with Liang Yao.
Thomas had never met Liang Yao. He recognized Liang Yao immediately based on his skin color and race.
"Mr. Thomas, your bank is the most important partner of our Americas Group. I believe Mr. Gibson has told you that we will fight side by side in the gold mining business in Australia." Liang Yao said with a smile.
"This project was personally approved by me. As the agent of the Baring family in the Americas, I still have a little bit of power." Thomas looked back at the Pioneer and said immediately.
"I think that in addition to the gold mining industry, Barings Bank and America Group also have very broad space for cooperation in certain industries, such as railways."
Thomas has made it very clear that he just wants to buy a stake in Liang Yao's railway company and get dividends.
When he was in California, Liang Yao also got to know Thomas through Gibson. Thomas was a very successful banker and investor.
With his outstanding ability and beauty, he is trusted by the Bahrain family. Thomas is fully responsible for managing the Bahrain family's business in the Americas.
Liang Yao, the California railroad, does not allow outside forces to interfere and must be absolutely controlled by himself. This is Liang Yao's bottom line.
Because he is powerful enough in California, it is just a matter of his words in the state Congress and the state government to obtain authorization for railway routes, and no one can object.
The situation is different in the eastern region. Obtaining authorization for railway routes is much more difficult and the process more troublesome than in California.
It is unrealistic to exclude Thomas and all the local aristocratic families in New York.
California is Liang Yao's home field, not New York State, nor other states in the east.
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