1855 United States Tycoon

The New York court hanged more than a dozen masked gangsters in one go. Coupled with the outstanding performance of the New York State militias, the situation in New York State has gradually settled down. Although there are still many people who commit suicide every day, they kill more. But in this homicide, there is no money and poor ghosts kill rich people. The situation is much less, but the number of criminals killed by the militia is a bit more, so the total number of homicides has not decreased much.

In fact, compared to Europe, the problem in United States is not too serious. After news of the railroad stock crash in United States spread to Europe, the panic aroused was even worse than in United States. The first response was the German market. Like United States, in the two years after the victory of the Franco-Prussian War, German industry once entered an era of crazy development. Unlike United States, the expansion of industrial scale in United States is mainly manifested in railway-related expansion, while the crazy expansion of German industry is concentrated in steel, machinery manufacturing and agriculture.

The rapid expansion of both United States and Germany requires more machines. I have to admit that Germany at that time still had a little advantage over United States in terms of machine manufacturing. Moreover, due to the high domestic demand in United States, it needs to import machinery from Europe, especially Britain and Germany, every year, which has also brought prosperity to the German machinery manufacturing industry.

As for the agriculture-related industries, because Scrooge has left a hand in catalyst technology, the Germans have a much lower efficiency when synthesizing ammonia than Scrooge's factory. The Germans soon discovered that the output of several fertilizer plants built by Scrooge in France was significantly higher than that of own. The price in the market is lower than own. Scrooge took this secret seriously. It was not that the Germans did not try to use industrial espionage to steal the secret, but several attempts were unsuccessful. Once, the "successful" technology that was stolen back even caused a pollution accident, requiring a complete set of synthesis towers to be disassembled and cleaned. As a result, a set of equipment was shut down for more than two months, which caused a lot of trouble. loss.

The Germans originally thought that most of the fertilizer market in Europe belonged to them. Coupled with the blind investment brought about by the influx of large amounts of capital, the stalls became big, but in the end they found that the sales situation was far worse than expected. In addition, the United States The collateral effects of the bad news over there, especially the prospect that United States' orders for imported machines from Europe will be greatly reduced. So in Europe, starting with the stock market in Frankfurt, Germany, a similar avalanche began.

Of course, the Rothschild family will not let go of such a good opportunity. They are making waves in this, and they don't know how many companies they have taken the opportunity to annex, making the family's strength in Europe greatly developed.

The economic downturn will naturally bring about political turmoil. There are strikes everywhere in Europe, and it goes without saying that they are all labor conflicts. For a time, Lao Ma felt that the full-scale outbreak of the socialist revolution in Europe was just around the corner. United States has also begun to have strikes and so on, and even strikes where workers and employers shoot each other with rifles.

Such things make President Grant very nervous. United States is not the same as Europe. Generally speaking, because of the existence of the vast west, United States workers have more retreats and generally do not rebel. But on the other hand, unlike European workers who are mostly unarmed, United States workers have guns in their hands. Compared with the armies of European countries where hundreds of thousands are armed to the teeth, the number of the United States Army plus the state militias is pitifully small. It's really going to cause trouble, it's really a big trouble.

So President Grant sent people to Scrooge, Morgan, and some others to send out invitations, inviting them to come to the White House as a guest. In fact, it was to discuss how to save the market.

Before going to Washington, Morgan and Scrooge met on his Viking ship.

"This wine is good." Morgan said to Scrooge, raising his glass. "Lafite Chateau from Rothschild, a first-class winery rated in 1855. Well, you can try it too. Oh, I listen. They said that they gave you Chateau Mouton? That winery is also good, but it is not necessarily worse than Lafite. The second-class winery is the first. These guys are really stingy. I have to apologize, be sincere, and directly send Lafite. Take it out. Well, Scrooge. I know you don’t have much interest in wine or anything. I am very interested in the Mouton winery in your hand. How about you make a price and sell that winery to Me."

Scrooge looked at Morgan's pity for the winery, as if he felt that the winery was like flowers in Scrooge's hand. So he replied:

"Ah, Mr. Morgan. I really don't know much about wine. But the more I don't understand, the more curious. And Dorothea likes vineyards. I have given her the Mouton Winery."

"Ah, it's a pity. In fact, most women don't really taste the quality of wine. They like vineyards just because they look good when the grapes are full. But women are very superstitious of famous brands, um The famous winery gave her a good way for Tao and the others to be happy. Ah... Scrooge, do you know why Grant asked us?" Morgan changed the subject gently.

"Of course I hope we can stand up and rescue the market." Scrooge said, "Mr. Morgan, do you think the time is right?"

Scrooge did not ask whether to help or not. Because this is not a problem at all. Of course, they can make money by short selling in the process of economic collapse, but if the economy continues to collapse, it will only turn the money they earned into waste paper. In fact, for guys like Scrooge and Morgan, the biggest significance of short selling for them is not to make the difference. Rather, the price of the means of production is beaten down, and then an opportunity to buy truly valuable means of production at a very low price is obtained. The so-called time is ripe, but the question is whether it is ripe for everyone to buy the bottom on a large scale together.

"I think the timing is almost here." Morgan knew that talking to Scrooge didn't need to be ambiguous. "It's no good to continue this situation. But the current situation is not something we can reverse."

Morgan's point Scrooge also understands that bargain hunting can be done, but this does not improve the economic situation all at once. The stock market avalanche certainly has their cause of trouble, but the fundamental problem is still the market problem, because the existing market can no longer digest the production capacity of United States and Europe. That's why the funds from United States and Europe will go to the stock market to play the game. For the United States' economy to get out of its trough, there needs to be more market demand. The domestic market is definitely not working. Although through this crisis, Scrooge has successfully eliminated many domestic supply capabilities that are not under his own, but in the process, domestic purchasing power has also been hit hard. Therefore, if you want to recover naturally, it is not a matter of overnight. If you want to recover quickly, you must have a foreign market.

"Yes, unless the government can take effective action, otherwise, there is nothing we can do about it alone." Scrooge replied."Then what kind of action do you think is an effective action?" Morgan asked. Morgan certainly knows that Scrooge's effective action refers to an action to open foreign markets. However, certain actions to open up foreign markets have different pros and cons for domestic companies. For example, Scrooge certainly hopes to reduce tariffs, because his companies do not worry about European competition. If lower tariffs can be exchanged for lower tariffs in Europe, Scrooge is definitely making money. But for other companies, not only cannot reduce tariffs, they must even increase tariffs to drive out European products and make room for them. There are many such industries under Morgan's control. If Scrooge's approach is to lower tariffs, Morgan will naturally strongly oppose it, and will even turn his face against Scrooge directly. As the saying goes, blocking people's wealth is like killing one's parents.

"As far as I am concerned, lowering tariffs is good." Scrooge said, so as to deliberately stare at Morgan, but Morgan said nothing. "It's really boring. I want to make him play." Scrooge said. Thinking like this, while saying: "But as a whole, it is indeed not the time to enter the European market by lowering tariffs. I think there are effective measures like this."

"Talk about it?" Morgan said.

"The most effective measure is the land under the sun." Scrooge said viciously, "Britain can maintain the world's largest industry with a small island, relying on large areas of overseas where the sun never sets. Territories. If we also have own overseas territories, even if there are not so many, we can solve many problems. Now there is a place that is as shaky as a mature apple. That is Cuba, the crisis has already swept Europe, and Spain’s life is even less It's good. After the original Cuban trend, the Spanish oppression of Cuba relaxed a bit. This made the Cubans tolerate the current compromise. But the crisis will change everything, affected by the crisis, Spain must strengthen the Cuban Squeeze, and then a new revolution will definitely break out. As long as we find a reason to join in, Cuba will fall into our hands, not even Cuba. Spain has no power to maintain his colonial system. And he still has it. This is absolutely unreasonable for the Philippines. Defeating it and capturing Cuba and the Philippines will make our life easier. What do you think of this approach?"

"Are we strong enough?" Morgan asked.

"Our industrial forces are crushing Spain." Scrooge replied, "Military forces, we can first expand the armaments on a large scale, prepare for war, and quickly dig through the Panama Canal. So that the fleets of the two oceans can support each other, even Britain cannot stop our actions. The expansion of the army itself is also expanding demand, just like a loan. As long as we can win in the end, we will be able to make a lot of money."

"Very good idea. I support your idea. And once the Philippines falls into our hands, we will have a base to advance to the Far East. There will be the last big market without ownership-China. By then, we We can even propose a new policy, um, or it’s called the “open door policy”. With our strength in the Philippines, we can allow Britain and France to agree to the entire scope of China, and all our countries have the right to trade. Interests are shared. , Equal opportunities. In this way, we can have a bigger market and real land under the sun." Morgan nodded and said.

Thank you for reading this story at mtlarchive.com. Your support enables us to keep the site running!