1928: The rise of giant merchants

March 4, the 22nd year of the Republic of China (1933).

United States Capitol Building, East Porch.

After finishing the morning prayer service in the church (for the first time this year), Franklin and his confidants rushed all the way in a bulletproof armored vehicle specially prepared by General Motors.

The presidential swearing-in ceremony was presided over by the Chief Justice of the Supreme Court. Before the new president delivered a speech, the vice president was sworn in first.

The people who came to watch the ceremony were all celebrities and current senior officials in the United States. Everyone stood solemnly in the audience, and then heard the Vice President and other federal officials begin to take the oath of office: "I solemnly swear that I am determined to uphold and defend the Constitution of the United States. I will be loyal to the Constitution and abide by it unswervingly. I will undertake this duty voluntarily and without any reservations and will do my best to carry out my duties. May God help me."

Ye Luo mingled in the crowd and was held by Hui Xin's arm. They were the only Chinese attending the ceremony and attracted more attention than everyone on the stage.

When they didn't know his identity, the eyes of the upper-class people showed confusion and contempt. But after learning that one of them was the chairman of Ye's Investment Group and the other was the wife of the chairman of Livermore Group, everyone immediately They changed their faces and came to strike up a conversation.

Although no one knows why Livermore’s wife is holding her arm with the chairman of another consortium, it doesn’t matter! In the United States today, Yip's Investment Group is the undisputed leader of highly profitable companies. Even the two major financial groups, Morgan and Rockefeller, have to avoid its leadership.

As long as Yip's Investment Group is willing to inject capital into your company, you can successfully get through this most difficult period.

And when they learned that they were personally invited by Franklin, the group of celebrities became even more enthusiastic.

Now Huixin speaks English very fluently and is a senator herself. She feels like a fish in water among these people, which makes Ye Luo very happy.

Who says a pretty widow can't be trained to become a strong woman?

As long as the iron rod is inserted well. No, as long as the pointer is wielded well, any kind of student can be taught well!

After these people took the oath, Franklin came to the stage in a wheelchair. Everyone immediately stopped smiling and looked seriously.

Franklin, who was in a very excited mood, looked as calm as water on the surface. He gently pressed his hand on the Bible and began to swear according to the oath: "I solemnly swear (or solemnly declare) that I will faithfully perform the duties of President of the United States, do my best, abide by, To preserve and defend the Constitution of the United States.”

After saying this, the audience burst into thunderous applause.

Ye Luo kept clapping, seeing flashing lights all around, and sighed that one day he could participate in such a historical moment.

I wonder if I can be found in this photo in future American school history textbooks?

After taking the oath, Franklin did not leave in a hurry, but began an impassioned speech to everyone.

The presidential speech after taking office every year is pretty much the same, and no one paid much attention to it. But as soon as he opened his mouth, everyone realized that this year was different!

"Everyone. Let me start by stating my firm belief that the only thing we have to fear is fear itself - a baffling, irrational, unfounded fear that diverts the efforts required to turn retreat into advancement. Disintegrated into nothing.

In all the cloudy moments of our country's life, candid and dynamic leadership has won the understanding and support of the people, thereby preparing the necessary conditions for victory. I trust that you will give me the same support again during this critical time.

In my opinion, happiness does not lie in simply possessing money; happiness lies in the joy of achievement and the passion in creative endeavors. We must not forget the joy and inspiration that labor brings to us because of the crazy pursuit of fleeting profits.

If these dark days can make us realize that our true destiny is not to be served by others, but to serve ourselves and our fellow men, then the price we pay will be well worth it.

Recognizing that it is wrong to use material wealth as a criterion for success will lead us to abandon the erroneous concept of using dignity and personal gain as the only criteria to measure public office and high political status; we must also put an end to various errors in finance and business. practices that often make sacred trusts look like heartless and selfish evil.

Now people's confidence is waning. Confidence can only be inspired by honesty, a sense of honor, a sacred sense of duty, loyal maintenance, and selfless deeds;

Without all this, faith cannot exist.”

Franklin's inaugural speech went through many consultations and changes, and was finally reshaped with some of Yeloti's points as the core.

The manuscript talks about what fear is and how we can face it.

In addition, it also explains what the true meaning of happiness is, and warns people not to be overly obsessed with immediate benefits and the pain of loss, but to focus on the future and devote all their energy to work in order to build strong confidence.

This optimistic speech gave Americans hope during the economic depression.

And more importantly, contained in this manuscript are some core concepts about the future New Deal of the United States.

Franklin proposed policies aimed at achieving national rejuvenation and foreign good-neighborliness.

After taking office, he will actively implement the "New Deal" with relief, reform and rehabilitation as the main content.

The "New Deal" abandoned the traditional laissez-faire, and would strengthen the government's intervention in the economic field, implement deficit finance, and vigorously develop public services to stimulate the economy.

In order to implement the New Deal, Franklin has formed a think tank with a group of liberal lawyers, experts and scholars to consult on policy issues. Of course, a large number of these people actually come from companies such as Ye Luo.

In particular, Ye Investment Group has efficiently exported more than a dozen scholars and experts to his think tank.

He is also prepared to establish close ties with the masses through "fireside chats", and resolutely fight against the Supreme Court that opposes the New Deal and resolutely decide to reorganize the Supreme Court.

Before today, Franklin has successively put forward various memorials to supervise and guide the legislative work of Congress.

After that, Congress will pass the Emergency Banking Act, the Federal Emergency Relief Act, the Agricultural Adjustment Act, the National Industrial Recovery Act, the Tennessee River Basin Management Act, etc. at an astonishing speed.

These are closely related to the business of the two large consortiums behind him.

This is also Franklin's return of favor.

With the support of the New Deal and these new laws, the business of Ye Investment Group in several important states will have a breakthrough.

The most important thing is that Ye Luo has obtained the right to build and operate the military factory!

After that, the large number of military talents, weapons and equipment brought in by the Republic of China can be produced and sold here!

The New Deal of 1933 focused on "revitalization". The main measures were to maintain bank credit, devalue the US dollar, stimulate foreign trade, restrict agricultural production to maintain agricultural product prices and avoid farmers' bankruptcy; stipulate agreed prices to reduce competition between enterprises and prevent enterprises from closing down.

At the end of the speech, he described it in a moving way: "I believe that one day in the future, our country will return to the time when factory machines play music together, the market is prosperous, bank credit is strong, and cars and ships are full of passengers and goods." (End of this chapter)