Chapter 1456:

1456 Morgan Consortium
"Hehe, I'm really strange. I don’t think anyone can see my dress. I am also very confident in this. Generally speaking, it is impossible for my son to recognize me. I didn’t expect you to. I recognize it, this gentleman is really amazing, so if I recognize me, I should know the purpose of my coming here. If I didn’t guess wrong, your power should be large on this continent. m" Li Cong felt that since he was recognized, there was no need to cover up. Besides, he could not stay in the United States for too long, so he could speak directly.
"Mr. Li, you can just call me Mike. I have not been out here for almost decades, but my people are from all over the world. It is not difficult to find out that you are from China, and you Say you are called Li Yi again. As far as I know, Qin Wuye has nothing to do with the people on Huaxia's side, and you also said that it is his old friend. His old friend named Li in Huaxia is the only one. I don't know if my logic is right?" Mike said with a smile, this is really not wrong, such a smart person and only a small number of people who have integrated 20 years of history can know that he is.
"Since our forces can find out Mr. Li, we should not be weak. You came to me for the purpose of doing something inside the Skull and Bones. We are the pawns in your hand, if it is someone else. I would definitely not be willing to be a chess piece, but I don’t mind. Although I don’t want to be a chess piece, I also know that it is not easy to be a chess piece by Mr. Li, so I gladly accept it, but I I hope Mr. Li will not underestimate us. What I mean is that when something happens, I hope Mr. Li will not just abandon us directly, but this thing is in the hands of Mr. Li. If Mr. Li wants to cooperate with us, he must It’s okay to show enough sincerity.
This guy is different from the people Li Cong met before. Others believe in Li Cong’s credibility, but sometimes Li Cong treats his partners really badly. This guy also knows this very well, so he needs Li Cong's guarantee, but not the previous verbal guarantees.
"Mr. Mike is quick to say that I really appreciate this, but I don't know what kind of guarantee Mr. Mike wants from me? Please tell me." Li Cong didn't fake it and took a sip of the coffee in front of him. , The taste is good, it seems that this guy is also a person who knows how to enjoy, although the things in this room are not very good, but some small things are very delicate.
"Hehe, this is very simple. You must have something from Mr. Li in my place, and this thing must be something that Mr. Li can't give up. As far as I know, Mr. Li has a gold reserve in New York. 6000 tons of gold are used for various settlements. I don’t know if this money can be put to me for safekeeping? Of course Mr. Li can send someone to keep it. We also have a large vault, at least Mr. Li There is no problem with the safety of this batch of gold. Of course, my people will not enter the yard. How about your people being responsible for everything?" Mike thought about it and said, Li Cong is the largest gold in the world. The reserve has its own 6000 tons of gold. This is something almost everyone on earth knows, so Li Cong is not surprised, but this guy’s appetite is a bit too big, just like what he said, even if it’s Li Congyou Huge gold reserves, but 6,000 tons of gold is definitely not a small amount. Li Cong messed up the financial market in Europa and only used 3,000 tons of gold. This guy opened his mouth and just 6,000 tons of gold. The selling method of gold is different from other things. If it is sold at a retail price, the maximum is 500 RMB per gram. For the common people, a few tens of grams is a lot, but if you want to buy a lot, the price is not like this. Yes, the largest purchase of 700 tons of gold in the London precious metals trading market lasted six days, and the final price was as high as 700 yuan per gram, which increased the price by 40%. You have money, but if you want to buy more, he doesn't have any goods. After all, the world produces more than 1,000 tons a year.
"Mr. Mike's appetite is really not small. Do you know that according to today's gold price is about 500 yuan a gram, a ton is 500 million yuan, and 6000 tons of gold is three trillion yuan. If the batch goes out, I promise that it will reach five trillion yuan. What qualifications do you have to let me leave five trillion yuan? Although I am rich, 6,000 tons of gold or 50,000 billion yuan is definitely not a thing for me. A small amount, have you ever thought about how much I would lose if you swallow the money directly?" Li Cong wants to know how much this guy can bring him, if this guy can, he doesn’t mind. If you spend this money, just like what you said, you are rich, and it is not a problem for you to see astronomical things for others.
"Hehe, Mr. Li, you can rest assured. Our three D parties definitely have their own skills. For example, this time Mr. Li's whereabouts. How could our analysis allow Mr. Li to be exposed so easily? An important reason is that Mr. Lee went to see the kid of the Rockefeller family. In fact, that kid is also ours. Another example is Miss Bahrain. She also has a good identity. She belongs to the Morgan family." Very long, but the shock is very powerful, I didn't expect it to be really Crouching Tiger, Hidden Dragon.
Li Cong glanced at this woman again. When he came in, he knew that she would definitely have a powerful identity, but he never thought that he would be such a powerful one. This three-D party is definitely not as simple as it seems. , This guy will be Rockefeller and Morgan, this is not a joke, this guy can recruit the two largest consortia of modern times to his own hands, it seems that he needs to look more.
Speaking of which, the first pot of gold for the Morgan family came from an American businessman. In 1835, American businessman George Peabody came to London. At that time, the United States and the whole world were experiencing the crisis brought about by the "new economic bubble". People relied on loans to build railroads, canals, and highways frantically. At that time, people did not want to "pay" for these new things like they are now. The network is the same.
At this time, Peabody was seeking a loan from a British bank for Maryland in the United States. He is very patriotic. He gave a feast for more than a dozen bankers in the UK (it is probably similar to that of the Huaxia banker Hu Xueyan who invited people to eat "flower wine"). He persuaded them to believe that the Americans are not liars. He also kindly threatened "You only have to continue." Only by providing new loans to the United States can the previous loans be repaid." As a result, the proud British banker allocated another 8 million dollars in loans to Maryland.
The British said, "Peabody borrowed this money on his own face." And, in order to reduce the British prejudice against Americans "seeing money", they still gave up the $60,000 commission that Maryland should pay him. . In short, we can see Peabody's unusual talents and style.
Peabody is very talkative, but his appearance is plain and he doesn't like the British very much. People never thought that he was the founder of the noble Morgan Consortium. Later Morgan, its partners are known for their famous family, beauty and fashion.
Peabody was born in Massachusetts and only went to school for a few years. Since he was a teenager, he has worked with his brother to feed his widow mother and six younger siblings. The poverty of his early years affected his life: gathering money, working hard, solitary and self-rewarding, extremely sensitive to contempt, incompatible with this world; patriotic; stingy and stingy in the first half of his life, but in his later years he kept giving generously.
Peabody moved to London in 1837. A year later, a business was opened, but it only had a counter, a safe and a few desks. However, he quickly entered the circle of businessmen composed of outstanding bankers with his talents. These people not only do the fabric business, but also provide financing for those who do this business. In fact, their firm has become a merchant bank. And created a financial wholesale business, instead of ordinary bank deposits, transfers "mediocre business".
At this time, "ordinary people simply cannot deal with Peabody" because Peabody only serves governments, large companies and wealthy people in various countries. They provide funds for world trade and issue bonds and stocks.
Peabody established a business in London and planted the American flag in a foreign land. He flaunted his country's style and held high the stars and stripes to promote American products. He declared that Peabody Company was "the first American firm." He kept sending funds to the United States. He decorated with beautiful American magazines to create an American atmosphere and become a news center in the United States. Behind his patriotism, he didn't want the British to underestimate himself, and also showed his self-esteem mentality.
And "his good deeds in his later years are as infinite as his greed in his early years."
As early as 1857, Peabody began to fund a "Peabody College" in Baltimore; in 1862, he began to transfer 150,000 pounds to a trust fund for the construction of a poor housing project in London. The deed transferred his 5,000 block shares in another company to maintain the operation of this residential area. For this, he was awarded the title of "Honorary Citizen of London".
In the last stage of his life, he gave alms to an astonishing degree: donated a history museum to Yale University; donated an archeology and anthropological museum to Harvard University; set up an education fund for the liberated blacks in the south...
Hugo wrote:
In this world, there are people full of hate and people full of love. Peabody belongs to the latter. It is on the faces of such people that we see God’s smile.
This is to George Peabody, the original founder of the Morgan Consortium, has the highest praise!
And our jp Morgan. His father, Juniors, was a wealthy businessman in New England. In the 1950s, Juniors was employed by George Peabody. Their business is booming and they have successfully introduced a large amount of British hot money into the extremely scarce US. Juniors is determined to pass his shipment to his descendants. He severely asked his son Pierpont to take over the family business, help him choose courses for studying in Switzerland and Germany, and arrange for him to be an apprentice on Wall Street, and incidents of all sizes may become the reason for him to teach Morgan. And George Peabody had no heirs in his life, and no one inherited the huge estate. He took great pains for this and finally decided to invite the young Junius? Morgan (an) joins. In George? After Peabody retires, Junius? Morgan took over all the business and renamed the company Junius? Morgan Company (uss.anandmpany), at this moment is considered to have Morgan.
Hartford, where Joseph was located, was the birthplace of the American insurance industry, but there were still very few insurance companies at that time. In 1835, Joseph invested in an insurance company to bear property losses for the fire. He originally hoped to make a steady profit. However, unexpected events occurred, a fire fell from the sky, and Joseph's investment turned to ashes. According to common sense, ordinary people encounter such unlucky things, and they will definitely be discouraged from this kind of investment. The fact is also true. After being scalded by the fire, many investors have their tails obediently caught, and they dare not get involved in insurance companies that cover fires. However, Joseph, who has a commercial pedigree, has exactly the opposite idea from ordinary people. He believes that because of the impact of the fire, those insured persons have tasted the sweetness. If you continue to operate an investment company that undertakes fire insurance, not only will the enthusiasm of the policyholders increase unabated, but the deterrent effect of the fire can be used to raise the price of insurance. On the other hand, due to the impact of the fire, the number of companies that continue to operate to provide property insurance for fires will drop sharply. At this time, investment in the insurance industry will not only make a comeback and recover the lost losses, but it will certainly be able to make a big impact. fiscal.
As he expected, the former investors saw that they had to pay compensation and transferred their shares at a low price, while the well-intentioned Joseph tried to raise a sum of money to buy all these shares and continue to operate. The "Itna Fire Insurance Company" that was unlucky in the fire. Later, after his painstakingly persuaded, a friend was also willing to contribute money to cope with compensation matters with him.
After the crisis of reimbursement, the credibility of "Itna Fire Insurance Company" became famous. Insured applicants continued to flow, and the insurance premium was doubled. In this gambling, Joseph not only earned back the compensation, but also made a net profit of $150,000. This is John? Pierpont? Morgan's grandfather who likes risky gambling.
The financial oligarch j.p. Morgan (j.ntan) that we are familiar with was born a long time later. He is the most important figure in the history of the Morgan family. He is an important figure in the history of American economic development. He has made an indelible contribution to the development of the American economy. He was also the most important industrialist in the United States in the 1900s. He clearly sees that there is no one here. He helped raise funds for basic industries in the United States and made outstanding achievements in many fields-including railways, steel, telephones, electricity, and banks. ,Insurance. J.p. Morgan has grown from a nameless junior, through arduous efforts to gain a foothold in the strong financial world, and defeated his opponents one by one, and finally developed into the No. 1 figure on Wall Street in New York City and the throne of the American economic hegemon.
The "Morgan-style" business philosophy is: not afraid of risks, dare to challenge the strong to achieve the goal of being the leader, and at the same time be down-to-earth, step by step to achieve.
J.p. Morgan was born on April 17, 1837 in a wealthy merchant family in Hartford, Connecticut. From his grandfather Joseph to his father J.S. Morgan, the Morgan family has been very successful in business. His father, js Morgan, was a wealthy businessman in New England. At first he was engaged in the wholesale of dried vegetables. Later, he partnered with Peabody, a famous banker in the city, and established Peabody Company in London, specializing in US Treasury bonds, state bonds, stocks and foreign exchange. And other items. Their business is booming and they have successfully introduced a large amount of British hot money into the extremely scarce US. Perhaps it is precisely because of this special family atmosphere and business influence that Morgan has dared to think and do things since he was young, and he is full of business adventure and speculation. His future development is also inseparable from the funding behind his father. J.s. Morgan severely asked his son J.p. Morgan to take over the family business, help him choose courses for studying in Switzerland and Germany, and arrange for him to be an apprentice on Wall Street, and incidents of all sizes may become the reason for him to teach J.p. Morgan.
J.p. Morgan has shown his superhuman ability to seize opportunities from the beginning. After graduating from college, he went to practice in Duncan's firm opened by his father's friend on Wall Street. During a purchase at the New Orleans terminal, a strange white man asked him if he wanted to buy coffee. The man introduced himself that he was the captain of a cargo ship between the United States and Brazil, and he was entrusted to bring a ship of coffee from a coffee merchant in Brazil. Unexpectedly, the American buyer had gone bankrupt and had to sell it himself. If anyone gives cash, he can sell it at half price. J.p. Morgan thought about it for a while, and came to a clear sense from the initial surprise. He felt that the business was good and decided to buy this ship of coffee. He brought coffee samples to all the customers in New Orleans who had connections with Duncan, but no one accepted them. They in turn advised him that maybe the coffee did not match the samples, not to mention that the crew had deceived the buyer before. But Morgan felt that the captain was a credible person, and he believed in his own judgment. So he resolutely bought the whole ship's coffee in the name of Duncan Firm and told the firm's headquarters that he had bought a ship of cheap coffee. However, the Duncan firm replied severely accusing it of using the company's name without authorization! Cancel this transaction now! But Morgan had no choice but to send a telegram to his father in London, asking him for help. With his father's acquiescence, he used his father's London account to repay the money originally embezzled from Duncan's firm. He also bought cheap coffee from other ships under the introduction of the captain.
Morgan won! Facts proved that his judgment was correct: the cabin was full of good coffee, not only that, but when he was actively contacting customers, Brazilian coffee production was drastically reduced due to the cold, and coffee prices in the international market soared by 2-3 times. JPMorgan made a fortune! His adventurous spirit has amazed people who know him well, and his father, who has struggled for most of his life in the sea of ​​commerce, can't help but praise the ruts for teaching!
With the support of his father, J.P. Morgan established Morgan Firm on the opposite side of the New York Stock Exchange. His career has begun! The foundation of an economic skyscraper has been laid!
It was during the Civil War. One day, a young man named Kecharm visited him. He also seemed to randomly mention the "Order No. 1" issued by President Lincoln on January 27, 1862. This order determines the general mobilization of the northern army in late February, the army and the navy will fully attack, and the Civil War is about to enter a new phase. This period of northern army casualties are heavy. Morgan suddenly became excited. He thought the price of gold would rise again. The Lincoln government at that time was often troubled by a serious shortage of military spending. Poland, the governor of Ohio? Joyce became the Minister of Finance, and he began to implement the "deficit government" policy. Despite the government's currency shortage, Joyce also issued war bonds with up to 7% interest in addition to national debt. As a result, an abnormal phenomenon appeared: if the Northern Army wins, the price of gold will fall, otherwise it will rise or even soar. They have realized that this is a golden opportunity for speculation.
Soon after they met, the Northern Army was defeated in the Battle of Buryuan River. In order to replenish armaments, Joyce hurriedly issued 2 million US dollars of war bonds, but no one subscribed, and finally had to sell them to London through the Union Bank of New York. Kecharm quickly notified Morgan of the situation. They soon learned that the bond was handed down by Bodie. Morgan discussed with Peabody in London and secretly bought a large amount of gold, half of the family. The news of Peabody's purchase of gold is circulating everywhere in the United States and Britain, and the price of gold has also soared. People began various investigations and speculations, because at this time the Northern Army had lost more than one place, and the rising gold price seemed to have nothing to do with the shortage of armaments, daily necessities, and industrial supplies, so there must be an invisible hand behind it. Then the "New York Times" announced that the manipulator had been found, and he was the young speculator j.p. Morgan. This newspaper severely criticized actions that deliberately caused the price of gold to skyrocket. But the criticism is the criticism, and the price of gold is still rising. It can be seen from this incident that the young Morgan was a bit unscrupulous in order to make money. His father's explanation was that the boy was too courageous. Morgan then hired a telegraph worker to contact the frontline officers to know the news more accurately. No doubt these news brought a lot of gold to Morgan. Later, J.S. Morgan obtained top-secret information, and the US government wanted to compensate the UK with 1 million pounds of gold. Needless to say, J.P. Morgan has made a fortune again.
After the Civil War, the Morgan firm flourished. His former colleague, Charles of Duncan Firm? Both Dabney and his cousin Gutwin joined his company and the company's name was changed to Dabney? Morgan firm.
As Morgan made profits again and again, he finally grew from an unknown junior to a rising star on Wall Street. Thus opened a new chapter in Morgan's brilliant career.
In 1869, Morgan intervened in the famous Sasco Hana Railway dispute.
The Sasco Hana Railway is the main artery connecting industrial cities and coal bases in the eastern United States. It starts from Albany, the capital of New York State, to Binghamton in northern Pennsylvania. It has a total length of more than 220 kilometers. Binghamton has many railways leading to various coal producing areas and is a famous coal distribution center. Moreover, this railway is connected to the Erie Railway in the south, and the steel and oil from Pittsburgh and Pittsburgh can be transported to New York. Therefore, in the eyes of industrialists, the Saskohana Regional Railway is simply a way to transport money. In August 1869, speculators on Wall Street launched a fierce battle over the ownership of this railway. The fight is up to Joey, a young speculator who dominates Wall Street in speculation? Gurd started it. In order to seize the Sasco Hana Railway, he united with the young and strong Jim? Fisk acted together. They cleverly used Washington’s financial austerity policies to print imaginary corporate exchange bonds at the Voodoo Theater, so that about half of the railway’s shares fell into their own hands, and at the same time bribed judicial officials. Before the Sasco Hana Railway shareholders meeting, The head office in Sasco Hanna was closed. The New York State Court also ordered the removal of Ramjah, president of the Sasco Hana Railway. Subsequently, Gould soon extended all of his Erie Railway to Bingamton and prepared to declare the ownership of the Saskohana Railway. When his train full of armed men drove into the Sasco Hana Railway, it was blocked by the heavily armed company employees led by Ramjee. The two sides clashed fiercely and suffered heavy casualties, which became a sensational tragedy in the United States. Only the army was dispatched to quell it.
Ramjie is determined to shed this strange shame. After being introduced, he turned to Morgan, who has become a young financial investor on Wall Street. Morgan agreed to help him after much consideration. The solution was to go to court with Gould. Morgan asked Ramjie to hire his father-in-law, Attorney Trish, and his assistant, Attorney Hunter. Ramjie promised and promised to issue 3,000 new shares after the event. Ni, Trish and Hante are listed as shareholders. The court battle soon became effective, and the court reinstated Ramjie. Then they prepare to meet the struggle of the shareholders meeting. Tracy anticipated that Gurder and Fiske might be threatened by force at the conference. Morgan felt that his father-in-law's idea was correct, so he conducted careful negotiations and arrangements with Ramjie and others. Early in the morning of the shareholders meeting, Morgan, Ramjie, Trish, and Hante arrived at the meeting place, only to see that Fisk had arrived with many heavily armed guards. Seeing them so nervous, Morgan felt funny. At this moment, there was a loud shout from the entrance of the conference hall: "Fisk, don't move!" Then many Albany County policemen in gray uniforms appeared around, and Fisk was stunned. Under the command of the chief, Fisk was arrested. Of course, he did not produce his arrest warrant, did not announce his crimes, and the intimidated Fiske forgot to ask them to do so, and he was taken away in a wagon in confusion. Since Foske’s arrest, Gurd’s plan to disrupt the meeting was in vain, the shareholders meeting was held smoothly. At the meeting, Ramjie continued to serve as president, and Morgan was elected as the vice president of the Sasco Hana Railway. Morgan couldn't help laughing out of the conference hall. People later learned that the dramatic scene of the arrest of Fisk was entirely planned and directed by Morgan, and the so-called "police" and "police chief" were naturally hired.
After the general meeting of shareholders, Morgan actually replaced Ramje and took the real power of the Suskohana Railway. Wall Street and the entire United States have been talking about this, and all kinds of speculations are coming. Invisibly, Morgan's popularity has rapidly increased. No one denies his great success in the railroad speculation industry for the first time, and some people describe him as a new army with great skills, strategy and development prospects on Wall Street. "American People" commented on him: "As a corporate operator, Morgan contends with the most powerful financial capitalist with various weapons in the contemporary era. He won the victory, thus laying the foundation for galloping on the corporate stage. Opened up his own life."
The early history of the Morgan Group records the era of monopoly that has gone forever
In 1871, the founder JP Morgan co-founded Drexel-Morgan Company, engaged in investment and credit banking business
In 1895, it was renamed as J.P. Morgan Company and penetrated into steel, railway and public utilities industries.
In 1912, the Morgan Consortium controlled 13 financial institutions and was called the "banker of bankers" by the American financial community.
In 1930, the total assets of large banks and large companies controlled by the Morgan Consortium accounted for more than 50% of the eight largest consortia in the United States at that time
From the background point of view, the China Capital Market after the mid-1990s did have similarities to the US capital market where Morgan was located more than a hundred years ago: idle capital was surplus, the market was full of speculation, and investors hoped that corporate leaders would emerge.
Morgan's experience cannot be copied because of this. After underwriting US$200 million in US government bonds in 1898 and subscribing for US$1.8 billion in British government bonds in 1899, Morgan became the world's number one financial tycoon.
However, Morgan's financial means of integrating disorderly competitive industries has reference significance.
After the end of the Civil War, the US steel industry developed rapidly. The subsequent Spanish-American War and the Boer War caused the price of steel to rise all the way and profits soared. Mergers abound, but disorderly price wars also appeared. Morgan believes that in order to establish a proper order in the steel industry, a larger-scale merger and reorganization must be carried out.
For this, he first chose John? Yep? US Steel owned by Gates? Wire Company. Morgan used various methods such as courting attorney Gates to coerce and lure to reach an agreement: in the US Steel? On top of the Wire Company, a federal steel company was established, including 265 steel companies in the United States.
Next, Morgan used it as capital to start that game with Andrew? Carnegie's well-known negotiations eventually bought the latter's steel company for $400 million. In 1901, Morgan's own American Steel Company was finally formally established.
In order to speed up the company's operations, Morgan set high product prices on the one hand to squeeze small and medium-sized steel companies to raise the industry's threshold; on the other hand, while these small and medium-sized companies were financially tight, they continued to acquire-U.S. Steel Corporation annexed in one fell swoop More than 700 related steel companies.
After that, Morgan's US Steel Company immediately began to cut prices. This strategy worked well. During the company's heyday, the board of directors controlled 3/5 of the US steel production and could determine the fate of nearly 170,000 steel workers. The U.S. Steel Corporation has also become the first industrial company in the history of the United States with assets of more than $1 billion.
Now that the era of monopoly is over, world commercial power has also been dispersed to different institutions. As the current domestic best-selling book "The Morgan Consortium" says: in the future there will never be a bank as strong, as mysterious and wealthy as the Morgan Consortium.
The Morgan League and the Morgan family are collectively called the Morgan League. In the Morgan Union, the board of directors is led by the Morgan company as the axis, and it is interconnected with major financial institutions with less than large financial capital and more than 200,000 yuan. This constitutes a huge and well-organized "Morgan system." This financial group occupies 33% of the US financial capital, with a total value of nearly 20 billion US dollars! In addition, there are US$12.5 billion in insurance assets, accounting for 65% of the US insurance industry. In terms of production business, there are 47 directors of Morgan Corporation among the 35 major companies in the United States, including U.S. Steel, General Motors, Kennig Specialty Copper, Texas Gulf Sulphur Company, Continental Petroleum, General Electric, etc. Morgan’s infiltration into the railroad industry is well known. At the same time, it also owns itt (international telephone and telegraph company), national cable, postal cable, at&t (American telephone and telegraph company) in the communications industry. The Morgan Alliance has total assets of 51 billion U.S. dollars, and it has major trust companies such as Yanakoda Copper Mountain, Westinghouse Electric, and United Metal Carbide. Adding up all the above, adding up all total assets, deducting duplicate parts, the Morgan system before the panic had a total capital of 74 billion US dollars, equivalent to a quarter of all corporate capital in the United States. 167 directors came out of the Morgan company, Controlling the entire Morgan system and executing the instructions issued by Morgan on Wall Street, what a hegemony this is! Even today's Li Cong seems to be somewhat different from others.
Not only in this respect, the Morgan family used to be the creditors of the whole world, and Li Cong couldn't keep up with others. Morgan has been a creditor of French, Mexican and Argentines, and the amount of borrowing is at least the total tax revenue of the government in a year or even more times. If this is not possible, then becoming a creditor of the British will definitely let you Li Cong admired it.
Being a creditor of various countries is the natural scenery, and Morgan is most proud that even the British Empire has to ask him for help. The Hottentot country Boer (now South Africa), developed as the colonial ground of the Dutch East India Company, became a colony of the British Empire after the Napoleonic Wars ended. Soon after, the diamonds and gold of the place were used by explorers. It was developed, and in order to develop diamonds and gold, the British Empire formulated a cruel and harsh colonial policy, which further deepened the contradiction with the Boer people who originally lived there. With the intensification of conflicts, the first Boer War (1880-1881) broke out.
The British triumphantly expelled the Boer tribe to the north, collecting all the gold and diamond producing areas and controlling them. In this way, the confrontation between the British and the Boers was further deepened, and finally the Second Boer War (1899) broke out. This time, the Boer people learned the lessons of the last war’s defeat and used flexible and tenacious guerrilla warfare to deal with the British army, which caused the British empire’s expeditionary army to be troubled. Moreover, after the start of the Second War, the cost of the British war was unexpectedly huge, far exceeding people's estimates at the beginning of the war. The house leaks in the evening rain. The German emperor, who has always been incompatible with the British water and fire, is also ambitiously planning to build a large fleet. The British empire has always been the leader of the sea. How can you tolerate others to replace it? It was bound to contend with Germany, so a fierce arms race was launched. While fighting and expanding its armaments, Britain’s finances suddenly fell into an extremely difficult situation~EbookFREE.me~ It was unable to recover on its own strength alone, and it had to turn to others for help.
At this time, the British government first thought of Morgan, so it sent Belmont from the Rothchar Company's New York representative office to consult Morgan's advice and ask him for help. Morgan made no refusal and agreed. Morgan first started with the bonds of the First Boer War and was responsible for purchasing bonds worth a total of $15 million. Later, additional subscriptions were repeated. In fact, a total of US$180 million worth of British government bonds were subscribed. For Morgan, doing so many war debts and public debt business is infinite benefits.
By the beginning of the 20th century, it is no exaggeration to say that Morgan had become a creditor of the world. Li Cong looked up at Miss Bahrain in front of him. Although she did not have the skills of their ancestors back then, at this moment, this girl is probably an important figure in the family. There is also the Morgan family in the Skull and Bones, but only in those huge ones. In front of the giants, the Morgan family is just a superficial mountain of wealthy people. Their cooperation with the Three D parties is only to take it to the next level. At this time, a simple-minded guy would immediately agree to their ideas, but Li Cong would not do that. Li Cong knew exactly how great a skull and bones could be. This condition could not be granted to them, unless they could control more than a quarter of the United States. Otherwise, his six thousand tons of gold would have It may become the trophy of the Skull and Bones, and he is facing a gamble, a gamble of 6000 tons of gold. I won, 6000 tons of gold bought one-third of the United States, and lost, it was the 6,000 tons of gold.