Chapter 470: financial crisis

For Sheffield, this was an unforgettable night. In the capacity of Edith Rockefeller, it was a great sacrifice to do so. It was not until the next morning that Sheffield woke up and took his hands. Edith Rockefeller, who was holding the handle, also woke up. Thinking of everything last night, Edith Rockefeller was very embarrassed. This was already out of touch with the ladies and ladies. It was simply a prostitute who sold herself. There is nothing unacceptable.
"Can you let go of your hand first? This is all wrong. Natalia also has this trouble. You can't sleep with something in your hand. What should you do when you sleep on your own?" Sheffield pointedly pointed out. Opening.
Edith Rockefeller just released his hand, but he never admits wrongly, "I don't want to sleep myself, you are here, I just want to hold it to sleep, so I feel safe."
What a beautiful day! Sheffield, who opened the curtains, looked at the window and muttered. For Chicago, this kind of weather is rare, but it has been increasing since the beginning of the year, indicating that heavy industry is reducing production. The slow decline of the stock market is actually very consistent with the real industrial situation and is relevant, but this is temporary.
In the morning, the members of the Black Gold Company have arrived in Chicago, and Jessla, who arrived from San Francisco, has arrived at the front and back. The project on the company side of the umbrella is temporarily handed over to other people to take care of.
"What happened to California? What about the banks and the public opinion?" Shezfield walked the dog before Jesra arrived at Edith Rockefeller's villa. The slave owner asked the bodyguard.
"Almost all banks are facing a run, and many banks have closed down. Public opinion believes that the Midwest's greedy bankers are fighting, leading to a runaway situation." Jessla walked sideways, "Ms. Evelyn will unite The gold transported by the mining industry to Los Angeles Union Bank was placed directly on the counter to stop the run on Union Bank, so the run of the run did not affect Union Bank. Instead, after Union Bank began to cut interest rates, some depositors scrambled for fear. Come to deposit. "
"Well, Evelyn is also an interesting woman. Who would have thought she was a trainman." Sheffield loosened the dog chain and allowed the black back to play by herself. "It seems that we have stood firm in public opinion, all spearheads They are all aimed at Wall Street bankers, and the citizens ’response is really gratifying. It seems that the banks have no worries and are still in the stock market. The current stock market situation is of course very serious, but it is not panic."
Now it is different from a hundred years later, it doesn't matter what fuse or not, still calm and calm, fart. Does n’t it plunge to one-third of the original one day as a stock disaster?
This is what the leeks entering the stock market deserve. First create a wave of quotes to make speculative trading super profitable, and then a lot of leeks will take out all their money, silly With the input of Raja, the banks controlled by Wall Street began to open loans to them, and then our people began to remind them through the media that the market is at risk of losing control. However, this reminder is useless.
Is n’t speculation the same? Now that it has evolved to the next stage, it needs a little bit of material. Otherwise, the panic in the hearts of the stockholders will not be completely boiled. This will not only need to release the news, but to really take some. Actually, the steel industry has already fallen into a bottleneck at the beginning of the year, but everyone is clenching their teeth.
The layoffs are of course a normal response to the crisis. Sheffield is not just about spreading the news, but is actually preparing for layoffs. Now with the support of Rockefeller Jr., you can take action.
A thousand black gold company members arrived in Chicago to give the slave owner a little sense of security. Now that the slave owner has felt safe, it should make others insecure.
"When you arrive, I can let go of the layoffs, maybe it will cause the emulation of the major steel mills." Sheffield's eyelids, patted Jesra's shoulders and gave him great hope. "The key moment is still my own strength. Trustworthy. "
"With the leadership of your steel company's equipment, the Carnegie era has laid a good foundation. Even if you have to lay off staff, other steel mills can't compete, and the American steel company is merged. There are hundreds of steels below. The factory, as long as there is one who can't help but follow, is the beginning of the breakout. "Jesra understood his boss's ideas very well.
"It's right, compared with the relative concentration of equity and administration in the US Steel Corporation, our advantage is formal." Sheffield nodded. "If there are steel mills that can't hold up, it will bring a chain reaction to Chicago. It has caused tens of thousands of people to lose their jobs, that is, the pillars of tens of thousands of families have collapsed, so there is no possibility that someone will make trouble, this is exactly the purpose of your coming. Is there a problem! "
"Chicago is a big city after all!" Jesra also expressed his worries in front of his boss.
"I'm not going to talk about big cities today! Think about the employees of your Black Gold company. Most of the employees' fathers are soldiers killed in the Union State! A few are grandfathers." Sheffield sighed in a long voice. For white citizens, 400,000 people have lost their lives with deaths and injuries. In today's case, Yankee's 50 million people will have to die at least 5 million before they can settle their accounts. It is already cheaper to lay off 10,000 people. "
This time the layoffs were premeditated. Under the cover of the financial crisis, it was a very reasonable move. I hope that the working class will play the role of the master of the country and not cause trouble to the real master of the country, otherwise it will be treated as a trouble.
It was the layoff information that was officially announced by Anne in Arlington. The layoffs included miners in Arizona and New Mexico, and McHale Mining announced that it would follow up. Steel workers at Carnegie Standards United Steel Corp. are expected to have auto workers, construction workers in California, and Lin Lin ’s employees in the next few days, which are expected to affect more than 50,000 people.
It is not necessarily true that so many people will be laid off, just to release the news first, but the miners in Arizona and New Mexico are definitely going to lay off. The joint copper mine has been owned by Sheffield. For the original Morse and Hein The workers recruited by Ze are limited to the layoffs of Yang Ji.
If it is not enough, the Dixie people ca n’t keep their jobs. Whether these workers can keep their jobs depends on whether the stock market will plummet to the psychological expectations of the slave owners.
This is actually a standard class contradiction, but Sheffield must first take the Yankee as a victim, to make this move closer to the people and regions, because the real class problem, the slave owner does not touch, just arbitrarily stir the class The problem is that if you do n’t know how to die, you will die without a burial place. Although he is ready to fight the seven wounded fist, he is just ready to be injured and has no plans to die.
The news of the layoffs spread throughout the country through radiotelephones, telephones, newspapers, and everything that could become channels. Of course, it was announced that it was because of the financial crisis that the joint company's industry was under great pressure.
This is of course a lie. Sooner or later, the financial crisis will spread to the physical industry, but it is not so fast, just for the layoffs of the joint company, let the crisis of Wall Street come to bear.
In less than an hour, the joint company had to lay off employees in various industries, especially the first layoffs of steel workers. The news reached the exchange. Rockefeller Jr., who had been waiting for a long time, officially started after Morse continued to hit seven injured punches for an hour. Started to sell the shares of the steel company.
Finally, in the early twentieth century, the steel stocks that were the kings of the people began to fall. Rockefeller Jr. also joined the ranks of killing a lot, killing all the forces who felt they wanted to bargain.
The panic sell-off has begun, and American steel companies cannot survive alone. This steel company, which was merged by Morgan ’s financial acquisition, has always appeared in the stock market as the double giant of the steel industry. It was finally unsustainable at this time. Secretly sold US steel company stock.
The stocks of the three major steel companies entered the plunging ranks at the same time. Countless people watched the declining numbers. The stocks with no one to buy were sluggish and motionless. Many stockholders and investors holding stocks were paralyzed.
God heard countless calls at this moment, hoping that he would show his spirit once. The old man said that there were too many people praying, and the signal was not good.
After the exchange closed today, many people were destined to go to the rooftop or buy a hemp rope to solve their tragic life, but I do n’t know if they still have the money to buy hemp rope, if they pay 300% of the price The slave owner was willing to sell a noose strangling them.
The United Banker is preparing to fully deal with the running young Morgan. Hearing the news that the steel stocks plummeted from the stock market, it was as if stunned by lightning. If a few people in the United States understand the significance of steel stocks to the stock market, he must be among them. One, the problem on the bank ’s side has not been settled yet, and a stock market accident has occurred in the stock market, so that little Morgan is buzzing in his head, I do n’t know how to deal with it.
Banks have been run, the stock market and even steel stocks are plunging and no one is taking over. The financial crisis has inevitably occurred.
The question of who is not saved is placed in front of Little Morgan. This is a very painful multiple choice question. He has never felt so painful in his life. Of course, Little Morgan hopes to save both, but if he chooses so, he No one can save.