Rebirth of the Wealthy American
Vol 2 Chapter 245: Ten street
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The shareholders of Carnegie-Micandelli Steel Company are complex. As a company with a total investment of 750,000 US dollars, Carnegie-Micandelli Steel Company owns companies including Li Mu and Carnegie. A total of eight shareholders.
Among them, Carnegie invested 250,000 US dollars. Because Carnegie was responsible for the operation, Carnegie was able to own more shares, occupying 40% of the company's shares, and Li Mu invested 20,000 US dollars plus a series of screws and The patent for the screwdriver occupies 12% of the company.
The company's third-largest shareholder is Carnegie's brother Tom's father-in-law, Coleman. Coleman invested $ 100,000 in Carnegie-Micandelli Steel, and none of the other shareholders invested more than $ 50,000.
Originally Carnegie-Micandelis Iron and Steel Company had a bright future, but the economic crisis hit the US economy heavily. In this economic crisis that affected the world, the American steel industry shrank by a quarter. Carnegie Key-McCandles is no exception.
Among the shareholders of Carnegie McCandless Steel, Li Mu's current focus is San Diego, and Carnegie is seeking greater development to avoid the economic crisis.
But not everyone is so lucky. Coleman, the company's third-largest shareholder, and the German talented engineer Coulman Brothers are on the verge of bankruptcy.
That's why Carnegie has reason to adjust Carnegie-Micandelli Steel's stake.
"If Carnegie McCandless Steel wants to get an exclusive license for stainless steel, then I ask to increase my shareholding to 25%, if Carnegie McCandless The steel company also wants to obtain the exclusive authorization of lithium-silver alloy steel, so I ask to increase my shareholding to 40%. "Li Mu opened the terms.
If Li Mu's requirements are met, then Li Mu's shareholding will be the same as Carnegie.
Of course, Carnegie's younger brother Tom also holds shares in Carnegie McCandless Iron and Steel. The two brothers' shares add up to more than Li Mu's.
"No, no, forty percent, this request is too much, and other shareholders will riot." Carnegie did not agree with Li Mu's request.
Obviously, if Li Mu increased his shareholding, other shareholders would have to reduce their shareholding, including Carnegie. If Carnegie and Tom's shares were cut, their shares would not add up. Must be more than Li Mu.
At that time, Carnegie's "boss" was reduced to a "wage earner", and Li Mu was the real "boss".
"It is clear to other shareholders that five percent of one million dollars and one percent of ten million dollars are not a concept at all, they will understand." Li Mu is not worried, Carnegie is a "robber tycoon", Even if other shareholders disagree, Carnegie has a way to get them to agree.
Of course, Li Mu also said to Carnegie that if Li Mu ’s shareholding increased to 40%, then Carnegie ’s shareholding ratio would seem to decrease, but considering the expansion of the profit scale, Carnegie The foundation makes more money than it does now.
"I can understand the prospects for stainless steel and weapon steel, but this is one thing that hasn't been proven yet. It's not easy to convince others." Carnegie still didn't relax, this decision is very difficult for anyone.
"Andrew, are you interested in building a steel plant in San Diego?" Li Mu was not entangled in one thing, opened up a second battlefield, and thoroughly subdued Carnegie with scale.
"Santiago?" Carnegie was a little unacceptable to Li Mu's God turn.
"Yes, Santiago, you should know that Cuba has a wealth of mineral resources. Nickel, cobalt, manganese, chromium, iron and copper have everything. Among them, nickel reserves the world's largest, iron reserves are even more abundant, and almost all the iron in the world. The mines are all on this island. As for copper, I can guarantee that there is copper on every mountain in Cuba. It is almost an island made of iron and copper-how about it, is there any interest? " The words that Germany used to flicker Li Mu are now used intact to flick Carnegie.
The Spaniards have occupied Cuba for hundreds of years. The current mineral resources on the island of Cuba are not a secret to the world. These are almost public information. The Spaniards also used it to fool American tycoons to invest in Cuba.
The Spaniards have indeed succeeded. At present, there are many American-invested mines and plantations in Cuba. That ’s why the US government is so concerned about Cuba. For the United States, Cuba is now a treasure trove, and everyone I want to try and open the door to the treasure house.
Li Mu is now the one closest to the gate.
"Well, how big are you about to build a steel plant?" Carnegie looked very interested, maybe it was one of the reasons why Carnegie came to San Diego.
"Four Bessmer-type five-ton converters, two rotary furnaces, plus four Siemens-type five-ton iron melting furnaces, as well as supporting gas producers and electrical steel equipment, the total investment is about 2.5 million US dollars." Li Mu's shot must be In a big way, Li Mu, who invests less than one million US dollars, does not consider it at all.
Hearing the scale described by Li Mu, Carnegie immediately became short of breath. If Li Mu's vision becomes a reality, this steel plant will have four times the output of Carnegie-Micandelis Steel, and Li Mu's factory must be producing stainless steel and weapon steel. That is to say, if Carnegie does not make a decision now, when Li Mu's factory starts production, Carnegie's factory will be killed by Li Mu's factory alive.
One thing is certain, Li Mu's use of "covering the sky with one hand" in Cuba is not excessive. Li Mu can obtain cheaper raw materials and can hire cheaper workers, which will make Li Mu's products have strong competitiveness.
The key is that Carnegie believes that Li Mu will conduct other research. If Li Mu ’s factory is put into production, the products of Li Mu ’s factory will become more competitive. Not much time.
"After the establishment of the new factory, the annual steel output can reach more than 60,000 tons, you should know what this means-" Li Mu threw a heavy weight on the balance.
60,000 tons!
Having this output in 1873 could end all steel tycoons with hatred.
The combined output of all American steel companies was less than 70,000 tons in 1870.
Of course, this period is in the period of rapid development of the US steel industry. By 1880, the US steel output would reach 1.25 million tons, and by 1890, this number would climb to 4.277 million tons. The construction cycle of steel plants is Calculated on an annual basis, even if Li Mu's factory starts construction now, it will not start production until around 1875.
"I--" Carnegie had despair in his eyes, and a little begging, he almost shouted: The old driver took me--
Surely desperate, just a week ago, Scott, the general manager of United Pacific Railroad, who had known Carnegie for help, asked Carnegie for help, and Carnegie would rather bear the stigma of "ingratitude" in order to protect himself, Still flatly rejected Scott.
During the economic crisis, not everyone can easily take out millions of dollars.
Carnegie's deboning is now less than a million dollars. All Carnegie's net worth is at Carnegie McCandless Steel.
In other words, Carnegie has no money now.
"Listen to me, Andrew, we are partners and the best brothers, so don't worry, if there is a good business, I will definitely think of you." Li Mu said what Carnegie wanted to hear most.
"Rim, Rim, my good brother, I can't describe my heart—" Carnegie was really tearful, and he cried after hugging Li Mu.
It's hard to describe how much pressure Carnegie was carrying during this time, the aggressive economic crisis-the sloppy steel company-the benefactor's help-the accusations of others-the partners who are constantly bankrupt- —
Carnegie is right, he really did not sleep much during this time.
"You don't need to invest a penny, but I need your management and your technical staff. To this end, I can give you a 10% stake. Don't be too little my brother. I also have to convince my partner. At the same time, I must also reduce my shareholding ratio. "Li Mu set an example for Carnegie, depending on whether Carnegie is on the right track.
"My brother who didn't say, wait for me to return to Pittsburgh. If they don't agree with you to increase the share, then I will make up for it from my share--" Carnegie resolutely jumped on Li Mu's chariot.
That's right. Cooperation benefits both.
Li Mu really needs Carnegie's help. Although during the economic crisis, Li Mu can easily hire managers and technicians, Carnegie is Carnegie. In the steel industry, Carnegie's status is like Li Mu in San Diego. Even if it is Li Mu, even if it owns the patents of stainless steel and weapon steel, Li Mu dare not say that Carnegie will definitely be beaten in the steel field.
If Eble's news to Li Mu is correct, Carnegie is currently lobbying Congress to try to pass a "protection case" on steel. If Carnegie's purpose is achieved, the United States will impose 90% on imported steel Tariff, by 1883, this tax rate will be increased to 126%, and then by 1889, the tax rate will be further increased to 147%-
Although Li Mu does not know how high the tariffs will be in the future, Li Mu's factory is in San Diego. If Li Mu wants to import steel produced in San Diego to the United States, Li Mu will also face tariffs of up to 90%.
I have to say that no one wants to be in the U.S. in the U.S., such as Carnegie. The reason he has the ability to influence Congress is because Senator Amz, Carnegie, was at United Pacific Railroad before his departure. At work, Amz was the general manager of United Pacific Railroad.
Of course, if Li Mu also joins the lobby, then it is estimated that this "protection case" will be passed tomorrow. When it comes to the influence on Congress, Li Mu can throw away Carnegie ten streets.
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