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Chapter 429: Opponents of Congress

At this time in the early 20th century, it was easy to manipulate the death toll. As long as you wanted to do this, you could do it, and there were slave owners supporting the people. This was the unshakable truth.

As for the real death toll, there is no need to count it at all. What is the purpose of counting it? It is useless to keep it. On this day, California's martial law was officially declared to last for one month. This one month is enough to erase all traces.

On the outskirts of San Francisco, the citizens of San Francisco who received temporary tents were in good order under the supervision of the San Francisco Police Department. Mayor Eugene Smith arrived here and vowed to severely punish the suspects who took the opportunity to rob and set fire, and to punish those who abide by the law.

Citizens demand justice.

As for the impact of this major earthquake on the outside world, it caused a short-term shock in the New York stock market, but the stock market returned to a stable state after a few days. In Los Angeles, this impact was not ignored by the slave owners. In Arlington

Anne sent a telegram to inform her of this incident.

"After the Boer War, the United Kingdom began to raise interest rates in the banking industry in order to make up for its losses. A lot of capital has been withdrawn from the United States. This time in the Russo-Japanese War, the Russian Empire suffered a disastrous defeat and urgently needed investment. Many capitals from other European powers are leaving. Europe

Central banks in various countries have generally raised interest rates, which has caused a large amount of gold capital to quickly return to Europe from the United States." Sheffield's reply to the telegram stated, "This time after the San Francisco earthquake, once the federal government invests huge sums of money in reconstruction, the cash on the market will

Even rarer.”

After Morgan Stanley entered the industry and caused a demonstration effect, companies are hungry for capital. In the United States, many individual companies have transformed into joint-stock companies in recent years, issuing watered-down stocks and making huge profits from them. The huge demand for capital has prompted American institutions and individuals to

Investors borrowed excessively, and a financial institution—trust investment company—was born. Trust companies, like later investment banks and hedge funds, enjoyed many investment businesses that commercial banks could not operate, but they extremely lacked government supervision, which led to trust

Companies can excessively absorb social funds without restrictions and invest in high-risk, high-return industries and stock markets.

"But the steel industry is still much safer than other stocks. Dear, be careful about the stock market crash. As far as I know, half of the bank loans in New York are in the stock market. If something goes wrong, I don't know how many people will jump off the building, but I believe that Morgan will definitely

It’s okay, this old man is too smart, it’s time for him to take action when the crisis comes.”

"Last point, contact Edith Rockefeller and ask her to contact her good Republican congressmen to oppose the federal government's reconstruction of San Francisco. With the character of our president, opposition is definitely ineffective, but I only need one reason to manipulate public opinion.

Just delay the reconstruction decision for a few days, Edith must have friends in this area."

After dictating the telegram, he asked someone to send the telegram to Arlington. He should do some business now. It's not about what he wants to do to Morgan. Morgan must have a headache now. More than 60% of the insurance business in the United States.

Either under Morgan's direct control or under indirect control, now that downtown San Francisco is in ruins, there must be countless people with insurance policies ready to pay claims.

It would definitely be nothing in normal times, and although it may be nothing now, after Northern Securities and the company were dismantled, and the Russo-Japanese War loans could not be recovered, etc., it would definitely be enough to make Morgan sweat a little.

That was Morgan's problem, and Evelin would naturally handle the claim. When the slave owner forced the Chinese laborers to transfer the property to themselves, it was given to Evelin as soon as it was resold. This matter had nothing to do with Sheffield.

What he has to do now is to wait for Republican congressmen to raise objections to the reconstruction proposal, and then use newspapers to let California citizens know about it.

Then he began to think about the San Francisco Shipyard. In Sheffield's impression, the peak of the San Francisco Shipyard was after the San Francisco earthquake. The shipyard's dock was once the largest in the world, with the entire site approaching three thousand acres. The scene in its glory days.

Only later would the Newport News Shipyard have such a scene.

Being able to compare with Newport News Shipyard for a period of time is enough to prove the strength of San Francisco Shipyard. You must know that Newport News Shipyard is not only the largest shipyard in the United States, but also the only one that can design and build nuclear-powered aircraft carriers.

As well as a shipyard that performs nuclear fuel replacement and overhaul of nuclear-powered aircraft carriers. Newport News Shipyard is responsible for the construction of all nuclear-powered aircraft carriers of the Federal Navy. It is also one of the two largest nuclear submarine manufacturing plants in the United States and the construction of half of the destroyers. According to Newport News

Judging from the products produced by Neuse Shipbuilding Company, it is no exaggeration to call it a national treasure.

As for another national treasure of the United States, it is of course Lockheed Martin. Lockheed Martin and Northrop Grumman, the parent company of Newport News Shipyard, are companies that cannot be measured in money.

Lockheed Martin has more code than the world-famous Microsoft.

The representatives of these two companies have guns in their hands, and the representatives of three of the world's four largest grain merchants have grain in their hands. The military and agriculture together are the basis for the hegemony of the United States that truly does not panic.

As for the basic industrial field, the United States is definitely not invincible, let alone the Republic that will be invincible in industrial scale a hundred years later, because before the Republic defeated the United States in terms of scale, the United States had already faced such an opponent once, and the Soviet Union

In most industrial fields, it exceeds that of the United States, and the extent of the excess is quite large.

For the San Francisco Shipyard, Sheffield is bound to win, but we have to wait for news from Washington.

President Roosevelt was still very concerned about the big earthquake in San Francisco, but the main railway to California was not strong enough. Moreover, the owners of the railways entering the west were the two giants of the Northern Securities Company, which had just been dismantled.

Hartman and Hill.

After the Northern Securities Company was dismantled, Hartman and Hill now thought of Roosevelt, and a feeling of sworn hatred lingered for a long time. What's more, there was an honest reason. It was not that they deliberately wanted to interrupt the railway. On the surface, they were in line with the Union.

The government's call actually led to step-by-step renovations, and there was nothing anyone could do about them.

On Capitol Hill, Roosevelt was telling lawmakers from both parties when to launch a plan to rebuild San Francisco. Although Roosevelt was born in New York and was a senior Republican, he knew that these were not the main factors at this time and that San Francisco must be rebuilt.

, if a city is destroyed by a natural disaster and the federal government turns a blind eye, this will be a huge blow to the authority of the federal government.

You must know that the federal government has long been regarded as a decoration by large companies. President Roosevelt happened to be a strong president. He had just passed a series of antitrust laws to dismantle trust companies and once again greatly increased the authority of the federal government. If this time

If the situation in San Francisco is ignored, the authority that the federal government has just established will disappear in an instant.

The most important thing is that the boss of a large enterprise has already arrived at the disaster area, acting faster than the federal government.

So this is not a question of whether to rebuild, but when to pass the decision to rebuild. Roosevelt thought that the problem should not be big, but he did not expect that after the presentation, the first opposition came from the Republican camp. Senior Congressman Mitchell had already

After receiving endorsement fees in New Orleans, he was already very old and his support was not high, so he decided to cash out and speak out against reconstruction.

After President Roosevelt finished his report, Mitchell spoke first, "Mr. President, this is an unprecedented earthquake. The intensity of the earthquake has caused interruption of the main railways entering California. The earthquake was felt even in Nevada, but at present

The number of deaths reported by the San Francisco city government is only a few hundred, and I suspect that the California state government is concealing the number of deaths."

If the slave owners saw this scene here, they would definitely marvel at where Edith Rockefeller found the congressman, and how smart she was to understand the truth in one glance.

"San Francisco has been so badly damaged that there is no need to rebuild. This is equivalent to letting the citizens of San Francisco live on a crater." Mitchell's voice echoed in Congress, causing many people to whisper, thinking that what he said

Makes sense.

This earthquake is the largest earthquake experienced since the founding of the United States. Compared with the death toll reported in California, it seems very suspicious.

Even congressmen from the Democratic Party gave a few words of support. It was not that they had achieved a great cross-party alliance. It was that they saw opposition voices emerging within the Republicans, and they only chimed in to block Roosevelt's efforts every day.

"As the central government, the federal government should be responsible for the citizens of the entire country, rather than calculating the cost and whether it is worth the reconstruction funding. Now the citizens in the disaster area are suffering. We are here to consider whether it is worth it." President Roosevelt

He said with a tough attitude, "The citizens of every state are very precious, and they are watching the federal government's reaction."

"Then we need to go through a careful calculation of how much money is needed to allocate money." Mitchell's purpose was not to oppose it to the end, but to make the proposal pass so smoothly. He accepted it immediately and said, "I ask the finance department to

The Ministry must come up with a detailed plan to agree to this. Taxpayers' money cannot be spent so easily."
Chapter completed!
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