Chapter 234: Morgan and DuPont

"Oh?" After listening to Pierre Dupont, he sat down slowly, thinking about the purpose of Little Morgan's visit, without thinking about this question, and asked directly, "I don't quite understand this, the two sides are actually Very little contact. "
That's how it is. Pierre Dupont said nothing but facts. Old Morgan and Old Rockefeller had met once in their lives and had not spoken yet. Even for companies in the same field, many founders have never met once in their lives. Prior to today, Pierre DuPont would not have thought that one day he would meet Little Morgan and have a greater chance of seeing Sheffield.
"It used to be before, but now it's a new era." Little Morgan said unintentionally, before many companies can develop in their own fields, it is enough. The thing I worry about is whether there will be a challenger in my industry, but it is different now. When there is no opponent in my field, I will think of going to another field to develop, so that I can let myself Career further.
His father, Old Morgan, started earlier at this point. More than a decade ago, he used the economic crisis to quietly penetrate the railway field, and later surpassed the Vanderbilt family. The Vanderbilt family did not do anything. The descendants of the railroad king simply focused on real estate and built many buildings in New York.
But the transformation of the Vanderbilt family can be said to have failed. Wealth has accumulated to this point, and it is failure at the same time, not to mention that the wealth of the Vanderbilt family is slowly shrinking.
" There is a foundation for cooperation with the DuPont consortium, and this is the purpose of my coming here." Little Morgan groaned for a while, and said in a gentle tone, "DuPont has been the first in a hundred years. It was surpassed in the field of gunpowder, which is good at, but this is the field where DuPont started its business. "
"Mr. Morgan, although the gunpowder field has a long history, the DuPont consortium is a comprehensive company, and there are many other industries and mergers and acquisitions companies." Pierre Dupont interrupted, "The gunpowder field is only part of it."
"I know, there are industrial and mining industries, as well as chemical additives. But people's impression that the DuPont consortium is a gunpowder company! Now people's impression is that DuPont has been replaced by people in the areas that should be the overlords." Little Morgan and Rather than be angry because of his interruption by Pierre DuPont, he continued, "Compared with the DuPont consortium, the Sheffield United Company is a very late company, which is about the same time as the Rockefeller family, but it is too early. several years."
"If it weren't for the original civil war, Du Pont firmly stood on the side of the federal government, and Sheffield United supported the Southern League. Perhaps in the era of General Henry, Du Pont will be treated today." Little Morgan smiled slightly. "Now the old rivals are making a comeback. The speed of development of the DuPont consortium is far from the time when General Henry was alive. Business is so cruel. The slow development is the same as the original one. The original one is a sign of decline. So now Vanderbilt The members of the Special Family still have a lot of wealth in their hands, but they are considered to be in decline. Keep in mind that the companies and stocks in their hands add up to more than $ 100 million. "
When people are running, you are walking. This is backwards. People's understanding of DuPont is an overlord in the field of gunpowder and an active participant in the war. Once this impression disappears, DuPont is retreating.
"Although the company's development trend has been slower in recent years, it is definitely not a decline." Pierre Dupont said hardly, although he also admitted that his competitors did develop faster.
"Is Mr. Pierre comforting myself? Then I should be right!" Little Morgan didn't care about Pierre Dupont's rebuttal and talked about his situation. "My father Mr. Morgan, in response to the upcoming variables, also Trying to actively transform. Needless to say about the railway, the main goal this year is the steel industry, so it is possible to cooperate with the DuPont consortium. "
Little Morgan did not conceal the penetration of the father and son into the industry, and even bluntly stated that the recent goal is the steel industry. This made Pierre Dupont alert and raised his head, " Is it to acquire Roland Steel?"
Roland Steel is the layout of the DuPont consortium in the steel industry. A new company will often imitate the pioneers of the industry. At Carnegie, it has just completed the layout of the steel plant and the improvement of the manufacturing organization. Roland Steel began to implement it. Roland Steel is not a simple steelmaking plant. Although it is also important, Roland competitors General Electric and Westinghouse Electric in the field of power generation equipment manufacturing have now added another, Southern Electric, which is built on the efficiency of Huagong.
Most of Roland Steel ’s engineers are from MIT supported by the DuPont family. Pierre DuPont also graduated from MIT. Many engineers are considered his alumni.
This steel company can be regarded as an important layout of the DuPont family in the steel industry, but obviously Morgan Jr. did his homework before coming, knowing the real owner of this steel company, at least he knows the voice of the DuPont family in Roland Steel Very heavy.
"Eugene won't agree!" Pierre DuPont shook his head vigorously. Roland Steel was very important to the DuPont consortium. The condition of the little Morgan was simply to kill the DuPont family, not worse than the action of Sheffield United. More emotional.
This matter can be directly judged by Pierre Dupont, impossible! It is absolutely impossible. This is the robbery. The Dupont family was robbed for the first time. The last time they wanted to do this was the Rockefeller family. The Dupont family did not compromise.
Little Morgan nodded indifferently, and said slowly, "If I can exchange some of GE's stock? I don't know this condition, will Mr. Eugene refuse?"
Ok? Pierre DuPont looked at the little Morgan who was at the door in amazement, almost suspecting that his ear had received the wrong instruction.
Little Morgan was also helpless. His father was determined to expand the influence of the family from the financial industry to the physical industry, but not in all industries. The most powerful trust standard oil in the real industry is not very interesting. Not to mention that there is another dominant carnegie steel company in the steel industry.
According to the original idea, after the establishment of the US Steel Corporation, large and small steel plants will be merged, and finally, after everything is ready, his father will go out and talk to Carnegie. But things haven't reached that point yet, and they were almost stolen in their own areas.
The issue of Mexico ’s public debt has been noticed by Morgan since last year. Earlier, both their father and son believed that there was no competitor in the entire United States, and because of their influence in the financial industry, if someone wanted to food, they were preparing Will be found at the time.
But they did not expect that someone really dared to food, and it was the Thyssen United Company that united the German Empire. Through the overseas financial system, it concealed the eyes and ears of Morgan and Son in the financial markets of the United States and successfully took the Mexican debt from the hands. Snatch it away.
Of course, this matter can't be taken care of, and in the financial industry's best at the financial industry, I must check to see who has such a big hand to snipe myself! Unexpectedly, the Rockefeller family was found. The other party and the landlord who united the South and the Thyssen United Company of the German Empire jointly took out the government debt that was about to default in Mexico.
This touched Morgan and his son, it is not a shame, after all, this is the case for business, which is considered to be superior to the opponent. But from another point of view, these two large companies in the physical industry seem to be too intimate. If the Morgan family continues to develop in the physical industry, they may be jointly resisted.
This is a big problem. In the real industry, Morgan and Son need a strong ally. After the news that Sheffield United was going to acquire Loughlin Land, the father and son knew that once the merger succeeded, the most uncomfortable thing was the DuPont Consortium, and the DuPont family could appear as an ally in the real industry.
The Dupont family has a long history, and the accumulation of centuries is not just for fun. Although it has been weak in expansion in recent years and does not have the sharpness of General Henry, it is based here and is a powerful help. Facing Rockefeller and Sheffield, the DuPont consortium is a good candidate.
To this end, the old Morgan even stated that it could cross-hold shares with the DuPont consortium, give up part of the shares of General Electric in exchange for the ownership of Roland Steel, and formally establish an ally relationship with which to cope.
"I have only one question myself!" Looking at Loughlin Lander who was visiting the door, Rockefeller Jr. restrained his inner ups and downs and took a few deep breaths. "Why wouldn't my closest friend William come to Rockefeller Estate? The relationship between the two companies, as long as he came forward in person, I have no reason to refuse. "
"Mr. John, I don't know about this problem. William himself is in Chicago, but he said there are other things to be busy." Laughlinland glanced doubtfully at Rockefeller Jr., how did he think the relationship between the two was not like Is it the closest friend in the other person's mouth? At least not a simple friend!
Chicago? When Rockefeller Jr. heard it, he almost couldn't breathe. Isn't Chicago where his sister Edith Rockefeller lives? Swallowing this breath, he said quietly, "Can you let William come? I want to talk to him about cooperation in other fields! As for what he wants, let's talk about the price first."