Chapter 473 It's all the fault of the federal government
"It's like arriving at the headquarters of the Spanish-American War Expeditionary Force!" After getting off the train at the Chicago train station and arriving at Edith Rockefeller's villa, little Morgan couldn't help but be surprised by the scene in front of him.
Edith Rockefeller's villa has been expanded twice. It is like a small manor. It is full of patrolling armed members of the Black Gold Company. It seems very special at this time. When arriving at the community intersection of Edith Rockefeller's villa, there are already
Community police conduct inspections.
"Of course Edith's villa used to be in a wealthy area with good security, but it's not like it is now. The housing prices here have risen a lot, and many Chicago elites want to move here." Rockefeller Jr. was not too surprised.
, he has been to his sister's place many times and has witnessed this change.
Knowing that the visitors were two super-rich men from the United States, the bodyguards around the villa did not dare to neglect and led them inside.
"John, and Mr. Morgan, you are welcome to come and be our guests." Edith Rockefeller, wearing home clothes, stood in front of the villa, welcoming guests from afar. Behind her, a pair of children were very obediently on one side.
At that time, Sheffield stumbled out. He seemed to have just gotten out of his busy state. He put on his tie apologetically and said, "I'm sorry, I think I have to dress more formally. This is also a respect for you."
"Then I'm really honored by this!" Little Morgan raised his head slightly and looked directly at Sheffield's purple tie. He seemed to have never seen a slave owner wearing a tie.
Both sides know each other's purpose, and there is no need for too many pleasantries. Especially in this environment, the necessary politeness and modifiers are not necessary. The common threat is the federal government, especially the uneasy president in the White House.
.
As for the current relationship between the three people and the White House, Sheffield's case is still pending with the Ministry of Justice. Morgan's case is not registered, but the coal cartel has already been cracked down once, and Northern Securities Company is not talking about it.
.As for the Rockefeller family, the fine of more than 20 million US dollars has not yet been paid. In Edith Rockefeller's villa, the three of them gathered together to form an Avengers Alliance.
I laugh at Rockefeller's lack of strategy and Morgan's lack of wisdom. If it were at this time... Sheffield was thinking about how to break this silence, starting from the next three points today, or having a drink and talking about heroes.
"Dad wants to discuss something with uncle and uncle Morgan. Don't bother me." Edith Rockefeller held her daughter in her arms and held her son's hand with her other hand. She was a very good wife and mother.
"Seeing Edith like this, I almost want to doubt my own eyes." When Morgan saw this scene, he started from a lighter topic, saying that a woman would change so much because of love? Especially a problem child like Edith Rockefeller.
"It's not bad! It's pretty good." Sheffield said with a smile, "It mainly depends on how much I care about her. As long as there is no problem with the head, even a stone will generate heat if held in the hand for a long time.
Don't be greedy for these personal matters. Let's talk about the current affairs. I believe that everyone is mentally prepared for the arrival of this economic crisis. It's just that they are secretly preparing for themselves and hiding it from others. Things have reached this point today.
The situation always needs to be communicated."
"If it hadn't been for you, William, to blame the bankers for the outbreak of the crisis, things might not have been so bad. Of course, I'm not blaming anyone. Everyone has to take responsibility for themselves." At this point, Morgan changed his subject.
Said, "Up to now, the Dow Jones Index has fallen by 45%. The exchange has not yet been closed, but there are no retail investors or even speculators left. They are all people with strong background support."
, there are my people, John's people, and your William's people. In fact, now, there is no point in continuing to fight. I can close the exchange at any time, because even if it is open, the stock market is solidifying.
.”
"Closing the New York Stock Exchange will have no impact on the current situation. Why don't we talk together about what to do next!" Morgan Jr. expressed his thoughts at a very methodical speed.
Little Rockefeller did not answer, but looked at Sheffield, wanting to know what the slave owners thought, whether to continue or to stop here. Forty-five percent, for any stock market, is already the bottom.
What to do next? This is a good question. The key is that Sheffield never figured out what to do. He just felt that Wall Street was building the Federal Reserve for the purpose. If it happened at this time, it would be a great disadvantage for the United Company, at least in the financial industry.
, the current joint company is absolutely not qualified to cut the cake that satisfies the slave owners.
From this perspective, Sheffield has succeeded. If the Federal Reserve, which is centered on a group of private banks, is proposed again, the citizens who have experienced this crisis will definitely not agree. The evaporation of deposits in failed banks will make
The citizenry will not be fooled by bankers' rhetoric.
The fundamentals of the three companies are different. The Morgan family's banking industry is the foundation, and the insurance industry is the bulk. It has a presence in electrical and many other industries. However, most of the industries only have a small amount of shares, which are used for investment and dividends. Originally, they were in the railway system.
It is also very strong, but like the Rockefeller family, this advantage was interrupted by the White House.
The Rockefeller family is a major player in the oil industry, and also has investments in steel, railways, and minerals. However, it is heavily engaged in the medical industry, and only the medical industry continues to be invested.
Sheffield has obvious advantages in agriculture and animal husbandry, automobiles, and aircraft. The electrical field is shared with Morgan, the supermarket chain is shared with Bostonians, and the steel and Rockefeller families jointly invest. The opponent is the United States Steel Company. As for tobacco and sugar production, Sheffield has obvious advantages.
, is not a very powerful existence. In the invisible realm, it is very strong in movies and newspapers, but there is no way to quantify it.
There is no point in continuing the confrontation. Morgan Jr. has already said that if Sheffield continues to prepare to harm others and not benefit himself, he will close the New York Stock Exchange and spend all the remaining money on bargain hunting. Between saving the stock market and the bank, the Morgan family chose
Banks, however, can make this battlefield disappear by closing the stock market. Anyway, the reputation of the banking industry is already like this now, and it does not matter if the reputation in the eyes of citizens is even worse.
"Uh-huh! I have never had any ill will towards the Morgan family. Everyone knows the importance of the Morgan family to the country." Sheffield cleared his throat, completely different from the attitude he had in front of Edith Rockefeller who wished Morgan would disappear quickly.
People, people are preparing to close the exchange. It’s not that we can’t talk, but we can still communicate. “In fact, it’s because everyone is hiding their secrets, so they don’t know other people’s intentions, which caused this conflict. Although I am an arrogant person.
Slave owners, but they are not so arrogant as to think that they can dominate this country."
"The issue now is not about how we view each other, but another issue. The federal government has become increasingly tougher in its rhetoric these days. We all know that the current president in the White House is a very difficult president to deal with."
Sheffield shrugged and said, "He is our common enemy."
Edith Rockefeller, who was reading demurely outside the study, curled her lips and thought bitterly, she didn't know how many times she had slept with her daughter, and now she thought of the unity between big companies, shameless...
…
"Not bad!" Both Morgan Jr. and Rockefeller Jr. nodded in approval. They have all been beaten by this president. Speaking of losses, they are no less than this crisis. During the crisis, the three companies have not yet bought the bottom. After buying the low, they can still recover the losses.
However, the losses caused by antitrust laws cannot be repaid.
Sheffield thought as he said, "The crisis has been created. Who will be responsible is a big question. At present, since the news of layoffs was announced, John and I are being greeted cordially by the workers. As for the cause of the crisis, it is Wall Street.
Internal strife, if this problem is not solved, even after the crisis is over, it may take a long time for us to repair our image in the hearts of citizens. If this problem is not solved, the future will be bleak."
"Don't you have the media in your hands?" Rockefeller Jr. chuckled. "At least it is very influential in the Great West and the South."
"I can only have influence there. In the north, I can only ensure that people listen to what I say. That's not enough! So to unify the voice, I cannot do it alone." Sheffield shrugged, "If the problem is not
If it happens to us entrepreneurs, it must be the fault of the federal government, and we businesses must unite."
"My father is not in the country." Young Morgan said. "It can be declared publicly that the Morgan family has no knowledge of this Wall Street infighting. Everyone knows that my father is already in a state of semi-retirement. Without me to turn the tide, the bank will
I don’t know how many businesses have closed down.”
"The Rockefeller family has just been heavily fined, and there is no money in the books." Young Rockefeller spread his hands and looked helpless, as if it were true, "So this crisis has nothing to do with me. I also want to get benefits, but there is no such thing.
Ability."
"The United Company is in such a difficult situation that we have to lay off employees to get through the difficulties. I think it's the hardest for me here, but I'm still trying to survive!" Sheffield said righteously, "And the federal government is not friendly either. Now
The business environment is terrible.”
Hehe! In the study, a heart-stopping laughter could be heard so clearly that Edith Rockefeller couldn't help but hide away.
"This is all the federal government's fault. If it hadn't sanctioned big companies and caused panic, the crisis would never have happened."
Chapter completed!