The biggest benefit of this war was to help the United States increase its political influence. Through this war, it proved to the world the rise of this country and its rapid becoming a great power. It was also at this time that the United States established its own status, thus

It also provides favorable conditions for its own economic expansion and political expansion.

The country's ideas were spread. The re-division of the colonies also meant a change in the world pattern. This pattern was the rise of a new power led by the United States. Through this battle, the United States defeated Spain, which had been rampant in the world for hundreds of years.

The old political landscape is being reshuffled.

The early colonial empires can no longer rest on their laurels while resting on the glory of their ancestors. The new powerful countries will inevitably eliminate the old colonial empires. This is just the beginning.

Because the United States is dominated by white people, this is not as significant to other countries as the Russo-Japanese War. It was only when Japan defeated Imperial Russia that it truly showed that white people can be defeated. In fact, in Sheffield's eyes, a white country

It could have been defeated. If there had been no Sino-Japanese War, the United Fleet and the Northern Fleet would have been able to defeat a colonial empire like Spain.

The current colonial empire with weak military power actually still has the Netherlands, but the United States has no reason to take action against the Netherlands. Furthermore, if it takes action against Spain and the Netherlands in succession, European countries may really wake up and re-examine this emerging power in the Americas.

To strengthen the country, this is tantamount to holding the gun for the German Empire. This kind of thing cannot be done.

The Battle of Manila Bay made George Dewey a hero among citizens. Various newspapers wrote about his calmness in times of crisis, his decisive command, etc., and a new round of god-making movement has been launched.

The smoke of the Battle of Manila Bay has not yet cleared, and the United States has begun to organize an expeditionary force. During this window period, Theodore Roosevelt in New Orleans finally raised a decent force that could follow him to the battlefield in Cuba.

If the Spanish fleet in the Atlantic had not yet appeared and control of the sea had not been won, Theodore Roosevelt might have made the trip. However, because of the news of the victory in the naval battle in Asia, the future president was in a very good mood recently and often talked about

and his high opinion of George Dewey, "Does William know this hero?"

Theodore Roosevelt, who has always had a heroic complex, asked with a smile. Sheffield pondered for a moment, nodded and said, "Have you ever heard of this man?" Well, George Dewey blocked the South during the Civil War and helped the Union Army conquer the largest city in the South.

In the city of New Orleans, Confederate Marine Corps Brigadier General Wharton resisted until the last minute. After New Orleans was captured, all the South except Texas surrendered.

Of course, this is not worth mentioning. It was all in the past. After all, Texas is a place with a special status.

"Now is the time, my dear son." **** headquarters, old Morgan was in high spirits in front of his son. He was not bothered at all by the previous small misfortunes. In fact, he had never been bothered.

.Although the final move to use Westinghouse Electric to disrupt the electrification of the South was not successful, it did not matter. The South was a large area with a small population and few large companies. General Electric still had an advantage.

"Father, I just don't know if it will be smoother this time." Young Morgan was obviously not as open-minded as his father. After holding on to the Coca-Cola Company stock for a long time, he had to bow to the market prosperity, even if it was his own

The family's strength in the financial industry could not distort the market for a long time, and finally missed the opportunity to teach the big Texas landowners a lesson.

"Of course it will go smoothly. I have made advance preparations. This time I will start with a small steel company, slowly approach the goal, and then slowly achieve my goal. During this process, I must remain patient and be prepared for everything.

Preparation of opponents." Old Morgan smiled very cunningly, like an Arctic fox, "Although Rockefeller was the first to create the trust model, he was also targeted by the federal government because of this first, and I have been working on it for a long time.

In the complex and ever-changing financial industry, no one knows how many shares of companies I own without several years of investigation. With Standard Oil always standing there, I can actually accomplish a lot of things."

"The move against the Southern Union Company was just a defeat to the stubborn heads of the Dixie people. It does not mean how powerful Annabel's heir is. And I am ready to close the net now." Old Morgan put on his coat,

He said to his son, "Come on, come with me to talk to the prey."

For this action, Morgan had spent a lot of time preparing and formulated a series of strategies. He drew up a list of all steel companies in the country, distinguished ownership according to their asset status, set up an investigation team, and went deep into the company, starting from the financial side.

Understand the ownership structure, operation and management structure, etc.; implement a capital increase plan to provide reinvestment opportunities; issue stocks and use reputation to obtain some social funds to enter the enterprise.

It sounds like some of the steps are not very legal, but it doesn't matter. Morgan has already made arrangements in the legal field for this, and has even put a lot of effort into the confidant lawyers of many acquisition targets.

After every economic depression, it is an opportunity for a real financial giant to open its mouth. Just like the economic crisis twenty years ago, due to the economic depression, the transportation volume of the United States' railway system has also decreased.

Although many railways are still operating, they are only trying to cover part of their fixed costs. With more wolves and less meat, competition in the railway industry has intensified in order to survive.

On some popular mainline railways between major cities, competition has forced railway companies to significantly reduce freight rates and compete for transportation volume. In order to make up for these losses, they have increased the prices of the branch railways they control, which will inevitably make large customers more profitable.

This has resulted in small customers being further exploited, which has intensified conflicts. Angry farmers have even directly attacked railway departments and government departments.

In the railway field, Morgan was not actually a person who stood on the forefront, but he caught up with the economic crisis and saw with his own eyes how railway stocks, which accounted for more than half of the trading volume in New York, turned into a suicide machine. Seventy

During the economic crisis of the 1980s, he was still in the learning stage, but during the economic crisis of the 1980s, Morgan, who had already had one experience, took action for the first time and became a figure alongside the Vanderbilt family.

However, compared to what everyone knows about the railroad king Vanderbilt, no one knows about Morgan, a financial banker who entered the scene later but has become a parallel trend. He hid himself through a series of trusts and cross-shareholdings.

.

This time Morgan saw the recovery after the economic crisis. During the war, not only the United States and Spain were at war, but the British Empire was also preparing to go to war in southern Africa. The steel industry came into his sight, and the current environment could easily make him

Thinking about it, the environment in which he infiltrated the railway industry after the economic crisis ten years ago, no, the environment is better now than then, because the war is more conducive to his hiding.

Prior to this, he had used financing means to arrange Morgan's top management personnel to Illinois Steel Company and Minnesota Steel Company, thus controlling the real power of these two steel companies. This was considered to have made advance preparations for entering the steel industry, and prepared for the takeover.

The subsequent mergers and acquisitions have laid a solid foundation.

Arriving at the conference room of Morgan Company, little Morgan followed his father and witnessed with his own eyes how his father took a solid step into the steel industry. The opponent sitting on the other side was John Gates, the owner of the American Steel Wire Company.

From the very beginning of the negotiations, Morgan firmly took the initiative and knew John Gates' company very well, including the equity distribution structure, financial expenditures, and profits.

And resolved them one by one, and finally pointed to the lawyer John Gates brought and said, "If Mr. John thinks what I said is just an exaggeration, then you can ask your long-time trusted lawyer.

"

"Boss, I'm sorry, what Mr. Morgan said is the current real situation of the company." John Gates' lawyer had to speak, with a hint of guilt in his voice, but John Gates did not hear it.

Then Morgan gave the benefits that could be brought about by acquiring the American Steel Wire Company, including greater financing and the economic effects it would bring. The benefits were listed one by one. From the beginning of this negotiation, it was like a Morgan single transaction.

Cheating on the other side, on the premise of defeating the other party, still retains very large benefits, which is difficult to refuse.

How many people in the entire United States can reject Morgan? Maybe, but the simple end of the negotiations showed that John Gates was not such a person. He quickly signed the merger contract. Using his own personal experience, the old man was convinced.

Morgan completed a vivid teaching lesson in front of his son.

"The United States will definitely enter an era of large-scale demand for steel, and the demand for steel will definitely surge in the next few years. This industry must have a bright future, but the steel industry has a very difficult opponent. What I mean is to start with

Start with steel companies that are easy to start with." After completing this textbook merger, Old Morgan said to his son as he walked, "When we have almost cleaned up the steel plants with average strength, we will finally have a good relationship with Carnegie.

Let’s talk.”
Chapter completed!