My America

"Mexico's public debt, in US dollars, is 110 million US dollars. Even if Morgan eats all of it, it also needs to be bought by citizens. You even want to eat all of our two companies. It is crazy." Rockefeller Jr. Wiping away the sweat on his head, when he came to Oak Manor, he never thought that he would get this kind of answer when talking about this matter with Sheffield.

So much? Sheffield didn't actually know how much Mexico's debt was due, but did not expect so much. This is indeed something that the two companies can't afford. Anyway, he doesn't have enough cash on his side. If Standard Oil takes the money, he won't agree, and allies need to balance it.

So Sheffield knows nothing about the accumulation of knowledge in this area, as does Sheffield United. Did not let Rockefeller Jr.'s gambling evaluation disappoint.

Of course, this is just a small flaw. If you ca n’t eat it, you ca n’t eat it. The two companies subscribe at the same time and then publish other bonds to let citizens subscribe. Morgan does just that.

Rockefeller Jr. nodded and felt that the communication with Sheffield could be continued. "Morgan and his own property are actually not so terrible, mainly because the alliances around him are too strong. There are also many citizens who worship Morgan in the same superstition. The financial industry means that when you have something good, think of Morgan first. This point your bank in California does not know how long it will take to gain this trust. But you and I represent two companies, it should also cause a lot of Momentum. "

Since she is a financial novice, Sheffield listened honestly to the ideas of Rockefeller Jr. and clarified the relationship between the United Company and the Mexican side. Because the change of government in Mexico is almost as fast as Sheffield's underwear, the United company is on the Mexican side. The connections are mainly in Coahuila, Chihuahua and Nuevo Leon, Tamaulipas, four states close to Texas, and have good relations with local princes.

The relationship between the two is nothing more than farming, animal husbandry, industry and mining, and of course, the Rockefeller family explored for oil before. However, after the Texas oil field was discovered, Little Rockefeller has evacuated the local exploration team. I do n’t know if it has returned.

Because of the chaos of the Mexican central government, the controversy between the conservative and liberal factions, the participation in entry is very unwise. Naturally, the joint company is limited to developing relations with some families in these states.

"I believe at least have connections than the father and son of Morgan." Rockefeller Jr. made his own judgment after listening. Sure enough, the same people like to be friends with the same people. The Sheffield family's connections in Mexico and their homes are in Dirk. Saas's actions are similar. They do not interact with the central government and directly establish relations between the two parties.

"Don't say that, who doesn't know that I am more patriotic than anyone else." Sheffield watched Rockefeller Jr. make this assessment and quickly shook his head for three consecutive times.

"First of all, we must make sure that the bond can be sold and not smashed." Rockefeller Jr. looked at Sheffield. "Only by letting more people follow you to make money, your right to speak in the financial industry will increase accordingly. This is the most basic thing. Feelings and connections do not exist. If necessary, I have to prepare to shoot off the client ’s head no matter how much I like him / her. Once you can let the person who bought the bond pay If you have money, your head may be your own. "

That is, with such a high risk, Rockefeller Jr. resolutely disagreed that the two companies should eat all the shares of the partnership. Anything that seems to be certain is not sure in the financial industry.

"First of all, we should think about how to sell bonds with a total of 110 million US dollars. For many people, the name Mexico already represents risk. Although you may not think so." Rockefeller Jr. was cautious. Open mouth.

"Of course I don't think so!" Sheffield replied affirmatively, at least the Mexican mining industry is still very rich, and the collateral can also include railways, industrial mining and even oil. How to say there are nearly 20 million people, not too bad to afford.

At the Oak Manor, the two began to discuss the name under which the bonds were sold. The vast majority of citizens of the United States do not actually have any financial knowledge, and they do not understand anything.

In order to make the bonds easier to sell, Standard Petroleum and United Corporation are naturally two golden signs, but you can also use more intuitive means, such as cheating.

The current Mexican debt, the Mexican government does not have enough hard currency to repay the dollar debt, but can issue more pesos to repay the peso debt. This requires packaging and think of a nice name. "Developing countries" are better than "less developed countries", and "less developed countries" are better than "backward countries". The "recession" of the economy is frightening, and the "negative growth" is a lot of sunshine. "Junk debt" is not interested , But changed its name to "high-yield bonds", it can be sold off.

"Put Thyssen in, so that our strength is enough." Sheffield remembered the matter while chatting. It seemed that the capital of the German Empire in the late nineteenth century, Mexico was a major destination. If the German capital is added, I believe that it can greatly increase market expectations.

And there is a huge advantage in pulling in German capital, that is, anyway, the Germans will fight with the British sooner or later, and the strength of the Allies is generally far worse than that of the Allies. The First World War was already a German effort. The defeat of Germany was doomed. At that time, the German capital remaining in Mexico was not the fate of being harvested. It was better for others to harvest.

"That's enough!" Rockefeller Jr. thought for a moment, so that the risk would be further reduced, and with the addition of German capital, the chance of benefit would increase a lot.

To make up my mind, it happened that Texas and Thyssen United have their residence, and this matter can be communicated to Thyssen United's headquarters in Germany through them. One day later, the Thyssen United Company in the Ruhr district responded, saying that they were very interested in this matter. If Standard Oil and Sheffield United join in, this matter can be talked about.

Dense telegraphs spread messages on both sides of the Atlantic, no less than the ongoing American-Spanish war.

First register a company in Frankfurt to buy Mexico's public debt, and then issue two new types of securities associated with regulated debt through the company. Subscribe to the company's stock. The beneficiary of the charity can be anyone. The three parties paid them $ 12,000 through mysterious investors. However, it is not the stock that is actually planned to be sold to investors, but the Mexican bonds in the hands of the new company. In order to obtain permission to issue bonds, the three parties can again pass investors and earnestly through German financial institutions, which can avoid Morgan's ubiquitous observation of the financial industry in the United States.

The tripartite alliance will complete a foreign exchange transaction in advance in order to convert the pesos of the adjustment debt into US dollars or marks. Everyone knows that the tripartite alliance will definitely promote the new bonds as US dollar bonds instead of Mexican public bonds.

As a compromise solution, the trading memorandum of hair bond bonds adds one: the credit rating does not reflect the risk of exchange rate fluctuations. With this disclaimer, plus the gold signs of Standard Oil, Sheffield United and Thyssen United. As a result, Mexico ’s public debt will become a hot bond.

Sheffield came up with a nice name for this public debt, called emerging market bonds. Through a series of telegraph communications, Rockefeller Jr. and Sheffield met the representatives of the Thyssen United Company from Texas in the Oak Manor in New Orleans, and during this time, new News that the steel company was acquired by the American steel company.

"If we can make His Majesty the Emperor, or the Prussian Prime Minister, for this move to expand influence in Mexico, say a word, I believe the effect will be huge." Sheffield tempted the representative of the Thyssen United Company, " In today ’s world, His Majesty the Emperor is the most powerful person. Unlike the Queen of England ’s innocence, as long as His Majesty expressed his recognition of German capital ’s entry into Mexico, we have almost made a profit. ”

Haven't any scams moved closer to authority? Sometimes the existence of academic authority plays this role. There is no such condition in the United States. The authority of the financial industry is Morgan. Could Standard Oil and United Company go to Morgan and tell each other that your actions in the steel industry make us very dissatisfied, and now you are ready to dig your corner from Mexico?

If the two do this, it is estimated that the authority of the financial industry will not hesitate to identify the bonds in the hands of the two as garbage. Even if Morgan couldn't get it himself, he would have to pit two of them.

Both Rockefeller Jr. and Sheffield are looking forward to this matter. Are n’t William II pursuing a world strategy? Our two big companies have brought dinner together. As long as you say a word, at least in Mexico, the world strategy will be realized immediately. .

"I want to report this to the head office!" The representative of Thyssen United Company did not directly refuse, but said that he really needed time and the headquarters to explain, how he has seen the process of operation, as long as the success rate is still very high .

"Okay!" Rockefeller Jr. and Sheffield agreed with a glance. Sure enough, Thyssen United had a reply soon. "As long as the public debt issuance, you can try to let the Prime Minister speak for this."

Each company, Standard Oil, Sheffield United and Thyssen United, shared one-third of Mexican bonds, which are called emerging market bonds, and entered the planning stage. The three parties immediately sent joint representatives to Mexico City.