Chapter 457 The people have no money
Arizona's copper mine production accounts for 70% of the United States, and there are hundreds of copper mines operating simultaneously in Arizona, supplying the needs of the entire country, so this process takes a long time, which is very reasonable and legitimate.
It was the first copper mine that Jimmy took the trust company's evaluators to inspect. The total land area was one thousand acres. It was part of the Prescott Forest and contained forty mining rights. Because Arizona had just been established, there were not many private individuals.
The land is naturally under the jurisdiction of the Land Management Bureau. The surrounding environment in this area does not affect mining. Jimmy said that there are many mineral rights in the southeast that will be sold, and the trust company can focus on evaluation.
The main river in the mining area passes through the east side of the Black Mountain near the mining area and flows in the northeast direction. The deep valley is cut off by the east side of the Black Mountain, and the ore rock system is exposed on a steep slope and is located in the river bed. Except in the rainy season, there is only one intermittent stream passing through it.
In the creek canyon and other rivers in the north of the mining area, the flood season is short.
Water can be obtained from Verde Canyon or deep mine shafts. Mining-related infrastructure has not yet been deployed, and power transmission service to Verde Canyon residents is located within a few miles of the mine, and high-voltage lines are located within one mile of the mine. There is also a status
Better gravel road. There is enough space in the mining area to install processing equipment, and waste storage can be carried out at the gravel tank in the east of the mining area.
"Our copper mine is among the best in Arizona. It can provide thousands of tons of high-quality ore at the beginning. It is no exaggeration to say it is a gold mine." Jimmy led the evaluators around calmly and calmly.
Take a look, "The ore body is part of the porphyry copper-molybdenum deposit. Prospecting shows that high-grade and high-economic value minerals are known in the porphyry system. It is located in the fracture zone. The breccia tube is located on the surface of the soil and at the bottom of the soil.
There is another larger porphyry copper-molybdenum deposit in the depths. The copper content is 0.4%. I believe the respected evaluator should have an idea of this."
Jimmy kept spouting professional terms one after another, confusing the trust company's appraiser. Although I didn't understand it, I felt it was very powerful.
At the same time, this mining area is also an associated mining area. In addition to producing copper ore, it also produces nickel and silver. In other words, it is within the range that Sheffield, the owner of the United Company, cannot sell at all.
Sheffield has never been prepared to sell United Mining. Jimmy knew this very well. He knew that the boss would rather not make money than to keep the mining area, so although he worked very hard to explain to the appraiser, he was actually trying to delay as much time as possible.
.
So in the process of United Mining showing unprecedented sincerity and receiving the trust company's evaluator with an honest attitude, the first day passed like this, and the next day...
Little Rockefeller felt what it was like to have a very warm relative. Sheffield had never been to Rockefeller Manor, but he had never stayed as long as this time. It’s not that the current head of Standard Oil is stingy, but the slave owner
His style was too unique, and he led hundreds of people around at any time. This cost was somewhat contrary to the Rockefeller family's tradition of frugality. The landlord's family had no surplus food, and they had just been fined 25 million by the federal government.
"Does your brother still dare to be shameless?" Sheffield crossed his legs and said, not treating himself as an outsider at all. "Facing the federal government's fine, his attitude was very sincere. As a result, he said that currently there is only one hundred yuan in the company's accounts.
Ten thousand US dollars in working capital, do you want to pay it in installments? I really only have one million US dollars. This working capital that can’t even be used to pay wages is real, but it can’t even provide for my bodyguards?”
Edith Rockefeller's face was rosy. It wasn't the domestic violence in Sheffield that chilled her. The slave owner spoke in a joking tone. The main reason was that everything this man said was true. The Rockefeller family did accept the punishment, but the company's accounts showed that
It is indeed only one million dollars, and verification by the Department of Justice is always welcome.
This kind of external declaration cannot even fool stock investors. It completely treats the Ministry of Justice as a fool. How can Sheffield believe it? He can only coyly say, "How can you say that?"
"Then what do I say? I said I believe Standard Oil only has one million dollars in capital?" Sheffield covered his face with a wry smile, "Or else I shouldn't always stay in Arlington, I should do something and see more of the world.
, I gain something new every time I come out. This time I gained a lot, and I don’t need any money. This is the real tycoon.”
"I'll strangle you to death!" Edith Rockefeller rushed forward, her hands still intact, and her huge buttocks sat directly on Sheffield, hum! Sheffield's whole body directly turned into a V-shape, and his face was full of pain.
In the evening, under the careful care of Edith Rockefeller, the slave owner who successfully carried the load breathed a sigh of relief. It was finally fine and all its functions were not lost.
"You haven't stayed in New York for long before. This time it's a little unusual." Edith Rockefeller wiped her body, got into bed after wiping her body, and apologized with satisfaction.
"It's more convenient here. You can receive a lot of information directly. I'm sure of one thing before leaving." Sheffield replied vaguely. After all, New York is the financial center of the United States. After he really started to care about the financial industry, he
I found that many places that seemed fine before are now quite suspicious.
Since the San Francisco earthquake, the entire stock market has been full of uncertainty, and its ability to recover has been very weak. In other words, the securities field represented by the stock market is now short of money. Many people on Wall Street believe that at least two to three billion in funds are needed.
Increase liquidity, but the United States does not have a central bank, and the banking system is managed separately. Therefore, the Ministry of Finance has always been cautious about the issuance of national debt, which is equivalent to the country taking on debt to support private enterprises. This decision is not easy to make, not to mention that it is now controlled by Roosevelt.
With the combination of antitrust laws, citizens have a very bad perception of trusts.
In fact, the current predicament cannot be said to be entirely the responsibility of private institutions. The federal government has deliberately led citizens to be hostile to trusts, but the stock market is dominated by these trust companies, and the return rate is higher than that of public bonds.
The interest rates currently offered by financial institutions for financing are generally higher than those on federal government bonds. Trust investment companies enjoy many businesses that banks cannot operate, and government supervision is very loose. All this has led to trust investment companies excessively absorbing social funds and investing in high-risk investments.
industries and stock markets.
Whether the private sector still has money will only be known through the successful issuance of public bonds in New York. However, the first news Sheffield heard had nothing to do with public bonds, but the news from Rockefeller Jr. that Morgan himself had set off to travel to Europe.
"Does Morgan himself like to travel to Europe?" Sheffield asked after listening to Rockefeller's words.
"It's a habit that only happened in the past two years. When Morgan went out to travel, little Morgan took over the banking industry!" Rockefeller Jr. replied. He didn't know why Sheffield asked such a question. He was also going to travel first?
"Nothing, just asking!" Sheffield said with a very bored look, because he knew that the financial crisis was coming, and now he knew that the most powerful banker in the country was traveling abroad. This is quite suspicious.
things.
Sheffield still remembers that when Carnegie was suppressing the workers' strike, he happened to be in Europe, creating the illusion that he was not at the scene, and letting the managers below suppress it. In the past few years, whenever the slave owner thought of any operation, he would first hide abroad to carry out the operation.
Remote control, he often does this himself. Now seeing the situation in the financial industry like this, the biggest banker is traveling abroad?
Sheffield stood up calmly, saying that he wanted to walk around the manor, but he directly found an opportunity and made a phone call to Arlington. The person who answered the phone was his wife Anne. The slave owner was not polite to his wife.
, said directly, "Morgan himself took people to travel to Europe. It should be in a country among Britain and France. If it is France, let the old man think of a way to cause trouble for him. It is best to stay in the police station for a few days.
"
In fact, in his mind, Sheffield just wanted to get rid of Morgan once and for all, but he still suppressed this idea. It would be very risky to deal with Morgan directly first. Once the news is leaked, the United Company will be attacked by a group.
This is something that breaks the unspoken rules. The DuPont conglomerate is cruel enough, but it has never been cruel to other large companies. It just fails to take into account some growing small businesses.
Some methods cannot be used on the upper class. There is another reason. If Morgan dies unexpectedly but no one can find out, in fact, whether he dies or not has no impact on the current situation, because young Morgan is still in New York. If he is a stone-hearted person,
Once Morgan dies, little Morgan will not need the old man's guidance and can directly decide how to solve the current situation.
Morgan is fine in Europe, but the inability to contact little Morgan is what worries little Morgan the most. With such a great emperor, little Morgan is an emperor, and there will definitely be chaos for a period of time.
"I'll contact my mother right away!" Anne agreed directly upon hearing this, and also made sure to find trouble with Morgan within the rules and never use extreme measures.
Sheffield put down the phone and blew a whistle. Want to create an alibi? It would be best if he wasn't really there.
The New York stock market is still rising and falling in a dangerous balance. Although the slave owners cannot understand the recent rising and falling trends, they feel that there is something wrong with it. It is almost like the Republic's stock market, which has been frozen at three thousand points for ten thousand years. It is very important to the United States.
This is very rare for this country.
New York's public bonds were still being issued day by day, attracting the attention of the new Sheffield stock market again. A month later, all the results were revealed. The New York government failed to issue public bonds. Twenty-nine million US dollars of bonds were issued.
Chapter completed!