Chapter 262: Alliance

"Out of the last cooperation, both sides have a certain understanding of each other, and personal guarantees are very weak here. Please tell the British government that I will provide the best possible assistance to the Prime Minister, Mr. Salisbury. "Morgan took a cigar and placed it in front of his nose and smelled it, said slowly.
It is not the first time Morgan has taken over the debt problem of the United Kingdom. In fact, in the first Boer War, Morgan financed the Boer War through financial institutions. At the beginning, it was 15 million, and then it was repeatedly added to nearly 200 million. The amount of money, of course, such a move also made him earn a pot full of pots, became a guest of honor in many countries.
This Boer War was already familiar to Morgan, and it was not difficult to lift it lightly. However, Morgan still put forward his own additional conditions, "I have a friend's company, currently in business difficulties, if a part of the Boer War can be produced by his company, we can get rid of the current predicament."
"I don't know what industry Mr. Morgan's friends are in!" Edward asked with doubt.
Morgan smiled and finally spit out a word clearly, "Explosive!"
"This matter has to be evaluated by the London side. I can only convey this opinion to London." Edward frowned slightly, indicating that the matter was beyond the scope of his own decision. It was related to the result of the war and included a foreign company entering the military. The supply system is not so simple.
"Please pass it on!" Morgan was very calm and seemed to have a very high grasp of this matter.
Morgan is about to take over the news of the British government's bond issuance, and he quickly spread in the financial industry. This is Morgan's own release of the news. He is not a reticent old Rockefeller. He has a clear understanding of his career. Bankers The most important thing is to give confidence to others.
It has also been a series of successes over the years, which has caused many speculators to trust Morgan in almost superstitious terms, which allowed him to build his own financial empire, which is not disadvantageous in the financial industry. In Morgan's eyes, don't say there are competitors, even this kind of signs is best not to you.
Now Morgan needs news from the British to show that he is still the king of the financial industry. The name Morgan represents wealth and will not be affected by some small setbacks.
First, the Panama Canal project, and then Morgan took over the British debts. These two things are the talks of the citizens at the beginning of the new century after the lunch and dinner. It seems that the American century has been in the discussion for a long time. This time it really came.
"Frick and I said that Carnegie was not enthusiastic about the steel company." Sheffield, who was preparing the Panama Canal project at Oak Manor, was once again blocked at the door.
Sheffield was holding a cup of coffee to drink. Hearing the words of Rockefeller Jr., he asked nonchalantly, "Who is Frick?"
"Frick is the president of Carnegie Steel, and has a good relationship with our family!" Rockefeller Jr. said, "Isn't it that we are working together to prevent Morgan from entering the steel industry?"
"But I don't have much liquidity now!" Sheffield spread his hands. "Carnegie's huge steel empire, how much is this worth? Who can give an accurate price? You also know that I am working on the Panama Canal project . "
"Do you think Morgan is rich?" Said the old Rockefeller God. "Do you really think his money is all yours? When you need it, the money of the entire United States seems to be his, but his own Not many assets. "
"I really want to know that there are not many Standard Oil bosses. How much is it?" Sheffield chuckled. The asset definition in this era is actually very clear. Stocks are actually not their own wealth. The same mines are invested. Even fixed assets are not counted, so many wealthy people are undervalued.
"I estimate his property must be less than 100 million!" Rockefeller Jr. gave his answer. "However, as a banker and financier, Morgan's assets he can control are far higher than those he actually owns. That is to say, not all the money he spent is his. The Morgan Alliance and the Morgan family are collectively known as the Morgan Alliance. In the Morgan Alliance, the Morgan Company is used as the axis for the chain leadership of the board of directors. Wan ’s main financial institutions are connected to each other, which constitutes a hugely structured and well-organized Morgan system. The assets of the Morgan system are indeed amazing, but most of the companies invested by Morgan are not wholly controlled and are not individual investments of Morgan. The shareholding is also the shareholding of Morgan Bank, not Morgan. "
"That is to say, with less than 100 million personal assets, Morgan has controlled many times the Morgan Bank and controlled the multi-billion dollar Morgan Alliance system!" Sheffield stared at Rockefeller Jr., "I now know why antitrust Fa always keeps staring at your Rockefeller family, not looking for Morgan's trouble. "
These two well-known enterprises, one is the United States and the other is the Soviet! Most of the Rockefeller family's money is their own, but the Eastern European countries with a complete system. And Morgan not only has his own money, but also provides support to other supporters of the existence of the Morgan system. The obvious Five Eyes Alliance and NATO have increased Morgan's power to an unparalleled level.
So once Morgan started to make some moves, it was often a big surprise move, such as taking on public debt and spending money like running water.
Although the Rockefeller family does not have such a strong system, but the property is still above Morgan, it has laid the position of the richest man in the United States. This has also led to the promulgation of the antitrust law. From the promulgation, this is for the Rockefeller family.
I do n’t know how much money the Rockefeller family has relied on for oil for so many years. Sheffield ca n’t help but sigh,
First of all, the capital of the joint company is not enough, it needs a period of time to arrange, and the invested money has also been invested. Always wait. There is still time in the industry. Do you make a negotiation, is it not good to fish Carnegie? "
"The opportunity didn't come out. If it wasn't antitrust, I would go on my own." Rockefeller Jr. laughed funnyly. "Why are you in a hurry? If it doesn't work, Standard Oil can borrow from the joint company?"
"Are you sure you want to swallow the United Company? You big crocodiles, or be prepared for it. Of course, maybe you want to amend the contract of the Texas oil field?" Sheffield said dryly. "Anyway, it's not very good. Anxious, you can wait. "
Sheffield doesn't want to take a breath now, but must take a breath and gather the current industry to see if there are any omissions. Or to choose an industry to cash out, but the oil field cannot be used to cash out. The Texas oil field is very important to the United States one hundred years later. It is silly to use this industry to cash out.
"John, you know, Morgan is not spending his own money, you and I are spending our own money. If Carnegie Steel's premium exceeds this range, what should we do? I think even Rockefeller and Carnegie, not I know that the outside world is ruined, and it can't withstand the price increase of Morgan's real money. Even if your father once let Carnegie go, how much can this friendship be discounted today? Can it top ten million dollars? "Xie Field drank the coffee bit by bit and pursed his lips. "In the end, this acquisition depends on how much money can be paid."
If the steel industry and Morgan are fighting hard, Sheffield thinks this is not worth it. But if Morgan doesn't let go, there is only one way out.
The iron and steel industry is not an industry that can be tricky. For example, in the chemical industry, Sheffield can find Germans to help. However, the level of the steel industry is almost the same in the world, and it is said that other people will be beaten without introducing high-tech.
"Think about your allies, in fact, it is not impossible to exert the power of the alliance." Rockefeller Jr. thought for a moment. "There are more than a hundred companies that have been assisted by the United Company in the South? During the reconstruction of the South, your family was not established. Is it prestige? "
"When it comes to this matter, it is really thanks to the looting of the Yankee people who scrape the land, otherwise there is no joint company's position in the southern states, and the loss of four million black laborers is not a big head here. How many plantations The Lord was forced to flee by you, and the following industries were devoured, but fortunately we are an electoral country and did not make you arrogant in the South for too long. "Sheffield hummed," Do n’t be angry, thanks to you for helping the joint company to kill Many competitors in the South, I am sincerely grateful. "
"No need to thank, in fact, many farmers in the South have n’t wanted to change for many years. It ’s just that they do n’t have such an opportunity! Carnegie ’s steel kingdom, is n’t it attractive enough? I believe you first issued an appeal to many SMEs in the South. It must be heard. "Rockefeller Jr. waved his hand to signal that he didn't care." If another generation of people who experienced the Civil War died in another decade or two, the joint company wouldn't be so good at speaking. " "
"I try to give you as much time as possible for one year!" Little Rockefeller calculated the time. "For such a large enterprise merger and acquisition, the negotiation time is also normal for one year, and I can't help any more."
Make good use of the power of the alliance? Of course Sheffield understands what Rockefeller Jr. said, but the South are small and medium-sized enterprises, and it is still unknown whether they can raise enough funds for mergers and acquisitions. You can't find one hundred millionaires, can you borrow one million each?
Unless Rockefeller Jr. and himself merge their own steel companies into Carnegie Steel, it is not a merger and acquisition, but an investment in shares, which is only possible.