Chapter 238 World Creditors
"However, there is a huge disparity in strength between the British Empire and the Boers. I believe the British will be able to defeat the Boers in a short time. Their own military industry can fully meet the requirements. Why should other countries benefit?" Eugene Dupont said as a commentator.
Corporate leaders who had made war fortune naturally noticed the British Empire's tendency to prepare for war in South Africa.
However, given the current status of the British Empire in the world, I believe no one would think that the Boers would have a good end. Like others, Eugene Dupont would not think that the Boers could persist for long.
"Did the DuPont family originate in France?" Morgan took a deep look at Eugene Dupont and changed the subject, "Then you should know about the Fashoda incident. In fact, if you look closely, you will find that things are not that simple.
, of course I am also judging, maybe the British can really easily defeat the Boers."
A French army led by Colonel Marchant crossed the Sahara Desert to the east. There, they encountered the British army stationed at Fashoda on the Nile River, led by General Kitchener. The two armies faced off and refused to give in to each other, and the situation became tense.
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The reason why this conflict between Britain and France occurred was because the African colonial plan formulated by France conflicted with the British colonial plan. France's African plan was to establish a French Africa occupying half of Africa from the west coast of Africa to the east coast of Africa.
The British plan is to extend from Cairo all the way down to Cape Town to establish a continuous north-south British Africa. The plans of France and Britain are like a big cross, and Fashoda is the perfect cross between Britain and France.
encountered area.
Britain has always believed that the Nile River Basin is its sphere of influence and will never allow other countries to interfere. So Kitchener warned the French troops that "the presence of French troops in Fashoda and the Nile Valley is seen as a threat to the Egyptian government and Great Britain."
"A direct infringement of power" and ordered the French army to withdraw from Fashoda. France was unwilling to give up the imminent connection of the east and west coasts with the opening of the Nile Basin, and prepared to use diplomatic negotiations to delay time. However, the British response was to order the naval fleet to prepare for battle and reserve reserves.
The fleet also began to be in a state of war readiness, and war between Britain and France was imminent. The French government was worried that Germany might take advantage of the situation in the event of war with Britain, so it had to make concessions.
Three months ago, Britain and France reached an agreement. France recognized Britain's exclusive rights to the Nile Basin, and Britain recognized France's rights and interests in Central Sudan and Western Sudan. This matter was regarded as a great shame by France as a whole, and led to hostility between Britain and France.
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"Many countries are paying attention to the actions of the British!" Morgan showed his unique insight. He just had a feeling that the war between the British and the Boers might not go smoothly.
It can be said that Britain's preparations for a major war in southern Africa have aroused the unanimous interest of all countries. These countries have one thing in common, almost all of them have fought wars with the British.
As a banker who was able to gain a foothold in the highly risky financial industry, Morgan was even ready to make war fortunes, and his urgency was no less urgent than that of a family business like DuPont, which relied on war to make a fortune.
Morgan already knew that the British government had allocated 10 million pounds to support the war, but he believed that 10 million pounds was only the minimum preparation. Once the war lasted for more than six months, the British would definitely open financing channels, and he was already prepared
Preparation for taking action. If this situation really arises, the DuPont consortium can be tied up and a small amount of interest can be divided as a financing requirement to help the DuPont consortium breathe a sigh of relief.
Now Morgan doesn't know what the final outcome of the war will be, but he has already made two preparations. If everything goes well for the British army, he will comfort Eugene Dupont. If it does not go well, he will take the DuPont Consortium and contract the war financing himself. At the same time,
Let the DuPont Consortium bear a share of the British army's war supplies.
In this way, Morgan can help DuPont get out of the trough while making money. It will be a sure-profit deal no matter how you calculate it.
The debt financed by Morgan must be repaid, but the money earned by DuPont is repaid by the British government. It is not that Morgan spends money to give away benefits to the DuPont family. Although this is the most ideal situation, there is always a certain chance of it happening, right?
?As a banker, Morgan feels that greed cannot be restrained when there is certainty.
Compared to Sheffield and Little Rockefeller, who are both thieves in the same city, the **** headquarters is very lively. Everyone knows that the chairman of the DuPont Consortium is a guest in person, and his bosses, Morgan and his sons, are negotiating.
cooperate.
Well-dressed successful people, wearing expensive British custom-made suits and Italian handmade leather shoes, smile at the guests of DuPont. As Wall Street managers and the backbone of the Morgan family, they maintain good self-cultivation and a comfortable attitude
, we don’t look down upon the guests just because they deal with explosives every day. Wall Street elites are Wall Street elites.
Until little Morgan sent Eugene Dupont to the hotel and returned in a hurry, still holding some organized documents in his hand. Even if it was such an important entertainment today, he still reported the work according to the usual process, "Father, Argentine public debt and insurance
business documents.”
"I believe that the successful issuance of Argentina's public bonds, a share of 75 million US dollars, should calm me down a little. If we add Mexico's public bonds, this will be 200 million US dollars, and the benefits we will earn from it are unimaginable." Morgan said.
In front of his son, he did not hide his preference for money at all. "Son, what is used to promote history is not the law, but money, just money."
"I know my father! Argentina's public bonds are high-quality public bonds, and many European countries have not raised tariffs on Argentina." Little Morgan nodded. He knew that his father was still worried about the Mexican government bonds being intercepted, even though it was successfully issued now.
Argentina's debt is still the same. This US$75 million public debt can only play a consoling role.
A hundred years ago, Argentina, like other South American countries, was a country where black people made up the majority of the population. But today, Argentina is a country similar to European countries, even more European than the United States. Argentina’s economic growth rate is one of
It is fast and unparalleled in the world. Argentina exports a large amount of grain and beef to the world and is known as the "granary and meat bank of the world". Buenos Aires, the capital of Argentina, is called the "Paris of South America"
.
Although it may be of higher quality, other partners in the Morgan Alliance should be satisfied, but his father will never be satisfied.
"The issue of tariffs is a pain point for the Sheffield family. The United Company has long been competing with the Argentinians for the share of exports of agricultural and animal husbandry products!" Morgan said with some gloating, but the topic changed and he added, "But although agriculture and animal husbandry have a huge influence,
, but it is not a good profession that resists risks, so the cash flow of the joint company is actually not much. For this reason, Mrs. Anna thought of many ways, such as selling lottery tickets and smuggling. It was considered that their family was lucky. They bought too much land, and unexpectedly got into trouble.
With such a large oil field, we finally have an important industry that can be monetized, and we can embark on a journey of major expansion."
"Our family is just the opposite. We have a huge monetization industry. The Sheffield family believes that everyone needs to eat. If they can decide what everyone eats, no one would dare to touch them. But the ability to monetize agriculture and animal husbandry is limited.
Only that point, how much can the price increase? Our insurance industry not only has stronger liquidity, but also has a huge coverage. Everyone needs to eat, but the money spent on food is not much, and
Agriculture and animal husbandry are not easy to monopolize, and the Sheffield family, by uniting with most of the farmers in the south, only has the ability to influence prices."
"Everyone is also afraid of death, so our insurance companies are not only as influential as the agriculture and animal husbandry industry, but also cover a wide range of people. The most important thing is that in order to avoid death, citizens will not save money."
Young Morgan nodded. His father had said this many times. The Morgan family in the insurance industry was the pioneer of this industry. He also knew how important this industry was.
Old Morgan just took a look at Argentina's public bonds, and spent a long time looking at the insurance company's documents. Finally, he said, "What we lack is not funds, so I say that contrary to the Sheffield family, the United Company focuses too much on key assets."
Assets, just like the DuPont Consortium, have a lot of fixed assets, but if they want to expand, they face insufficient funds. This problem is more serious for the DuPont Consortium. The weakness of our company is that it focuses too much on the financial industry and is asset-light, and we have a lot of funds.
, but it has no influence in the basic industry, and this situation must be changed now.”
"The rich and influential ones are the Rockefeller family, the overlord of the oil industry, so I also want to get involved in the industry to balance the layout that relies solely on light assets." Morgan spoke with envy of the Rockefeller family and asked, "You
Believe it or not, if there is a confrontation, the young heir of the Sheffield family will come forward. Rockefeller wants to use this ally to test our strength, and I have also found their family's opponent."
"If **** and Standard Oil fight, it will definitely shake the earth and end badly." Young Morgan understood what his father meant and even admired his father's prediction.
"That's right, my heir! I already feel that things will not go so smoothly." Old Morgan finished reading all the documents and put them away. He was about to get off work when he suddenly stopped and said, "You should keep an eye on the financial institutions in London.
Chapter completed!