Chapter 478 Quarrel in the White House
Three large companies have successively shied away their responsibilities, especially Sheffield's sentence "This may be life," which is simply the finishing touch. It defines the outbreak of this crisis as the federal government's gross interference in the economy. As for its own responsibility,
No, not even a little bit.
For the first time, Roosevelt saw the true faces of the bosses of the three major companies. Usually these people were well-dressed and well-hidden in front of the public. They hardly expressed any opinions. Even if they had to speak sometimes, they still maintained a humble attitude. Who could imagine that they are now
In the White House, putting on a shameless face.
"This is not the image of an entrepreneur that is widely loved by the public," Roosevelt reminded while holding back his anger.
"If we don't pretend to show off, what image do we have? We are just monopoly capitalists who commit heinous crimes and use opaque rules to engage in unfair competition. Do we have another image?" Sheffield asked with a mocking look, "This image
Isn't it caused by the continuous slander from the White House and the federal government in the past three years? Oh, if something happens, we are the most beloved entrepreneurs in the country. If nothing happens, we are the source of the country's turmoil and the monopoly capitalists who should be eradicated.
"
"William is right, don't fool us with some false things. We are not voters who listen to your nonsense. For us business people, no beautiful words are as useful as some direct benefits." Little Morgan was frivolous.
He blew a whistle and said a set of data, stating the facts and reminding Roosevelt, "Half of the 22,000 banks in the country have collapsed. I am willing to introduce certain financial knowledge to Mr. President."
“Business cycles are associated with cycles of credit expansion and contraction, which significantly amplify changes in markets and economic growth. The boom phase of the credit cycle weakens the shock absorbers that cushion the financial system from emerging
sudden decline. In the process of economic prosperity, some banks unwisely expanded their loan scale in order to obtain more profits, and the credit rating of their customers was getting lower and lower. Therefore, when some external shock occurred, bank directors
They are clearly aware that their capital adequacy ratio is significantly insufficient relative to the level of credit risk they bear. Banks therefore reduce or stop lending to customers, which triggers a liquidity crisis, which in turn leads to a stock market crash and the loss of savers.
panic."
"In the past two years, major enterprises have suffered the biggest impact, and there is no doubt that the root cause is in the White House." Rockefeller Jr. continued directly following Morgan Jr.'s words, "The Department of Justice and the Antitrust Act are used to deal with those of us who are guilty of evil.
The White House has become the biggest enemy of business. With the guidance of the White House, the state government followed closely, first with railroads, and later with insurance, oil, and tobacco. Our president was like an opera singer. Within three days,
Big companies must be condemned, either in this industry or in that industry."
Little Rockefeller would never have dreamed that he and little Morgan would work so well together without any prior communication. Finally it was Sheffield's turn. When the slave owner saw Alice Roosevelt hiding in the corridor, he spoke slightly.
Unnatural. "This is not a problem for the banking industry, nor is it a problem for trust companies. Reverse court rulings, tightened government rules and bizarre presidential speeches have greatly dampened business confidence."
"In terms of the general environment, the earthquake and fire in San Francisco and the Bank of England's restrictions on financing bills. These unforeseen events have hit the economy and financial system, causing investors and savers to reverse the overall view of the economy."
Although Alice Roosevelt did not leave and restrained herself, the unity among capitalists cannot be doubted. If we tolerate Roosevelt now, the final result will only be to take a step back and get more and more angry. In the past three years, Roosevelt has tormented the three of them.
It's so annoying, today is the day to turn over and become the master.
The words of the three of them reminded Roosevelt not to limit himself to the White House and the federal government. The world is so small now, but our influence is so powerful.
"Do you still think you have done the right thing?" President Roosevelt said angrily and laughed, "Now that your performance in the White House has spread, it proves how reasonable what I did is."
"How to spread the word?" Little Morgan leaned back and crossed his legs, his face full of cynicism.
"Who will believe it if it is spread?" Rockefeller Jr. raised his eyebrows and asked meaningfully.
"Whoever believes that, we will let him be in an environment of social death." Sheffield finally concluded, "Mr. President, this is not an attitude to solve the problem. We have a lot of time. Continuing is just a bank.
Bankruptcy, the stock market collapsed, and the economy entered a recession, you can say that we stood idly by, but you, the White House, and the entire federal government have been saying this for the past three years, repeating lies over and over again."
Alice Roosevelt, who was hiding behind the porch, was a little worried about her father as she listened to the tit-for-tat arguments inside. The three people on the other side were the bosses of the most powerful corporate groups in the country, and each of them could generate billions in cash flow.
As mentioned, the relationship between the federal government and big business has dropped to a freezing point in recent years. Both sides have the idea that the world would be better if the other party did not exist.
Now that the conversation has just begun, both parties have made their positions clear. There is no room for negotiation at all. They just want the other party to accept their own plan instead of cooperating. For his aggressive father, this is not an easy thing.
"Are you kidding? The carrot and stick policy is being used on us?" Sheffield slapped the table with his hand. His voice was not loud, but it was clearly transmitted into the corridor. The argument between the two parties has entered the next stage. "I don't know.
You are a strong president and you believe in strength, but open your eyes and see clearly who you are facing."
"You are really going too far!" Alice Roosevelt came out and accused Sheffield angrily.
Little Morgan and Little Rockefeller looked at each other, and then said, "Miss Alice, we are talking about business."
Alice Roosevelt, who rushed out, calmed down before she felt regretful, but leaving was not a matter of staying or staying. It was Sheffield who spoke first, "It's natural to defend your father, it's no big deal."
After giving Alice Roosevelt a step down, the problem still existed. With Alice Roosevelt present and being looked at by a woman, a very beautiful woman, everyone restrained their words a lot.
Until noon, the negotiations did not produce any results. The three Sheffields left the White House in a hurry. Everyone had a cold expression and no comment in their eyes, which made the reporters waiting outside the White House feel cold. There was no result.
?
Alice Roosevelt sneaked out of the White House. She was always uneasy because of the accusations made during the day. She went to Sheffield to explain the misunderstanding, but she didn't feel that she was wrong. "How can you talk to my father like that? That's me."
's father."
Seeing Alice Roosevelt's aggrieved look, Sheffield secretly sighed that the weakness of male animals is really difficult to overcome. He said helplessly, "I will pay more attention to it in the future, but this problem was not caused by me unilaterally. At this time,
You don’t expect me to be a traitor, do you? Well, although you look beautiful when you shed tears, it’s best not to feel sad.”
"My father is that kind of person. I can't help it. You two don't quarrel." Alice Roosevelt nestled in Sheffield's arms and rested her head on the slave owner's shoulder. "I hope things will pass quickly. I don't want to see it."
When you two start to quarrel, I feel aggrieved."
"Well, you finally know what kind of person your father is, which is very reasonable." Sheffield stroked Alice Roosevelt's hair and assured her softly, "Don't worry, I will try to be calm.
Present facts and reason, and stop treating him as an enemy of big business. On the other hand, your father should not think that we are his voters. The so-called speech to blame is useless to us."
Sheffield knew very well who President Roosevelt was. Roosevelt was a strong nationalist and keen on expansion. He once actively participated in the Spanish-American War and advocated colonial expansion. Of course, he was also an active supporter of the expansion of armaments.
During his reign, he organized the Great White Fleet to sail around the world.
He was also a racist. He often ridiculed and ridiculed those backward ethnic groups, such as the yellow race, for which he had a very low opinion. After the economic dispute with the Far East, he always advocated toughness. Internally, Roosevelt hated
Those large enterprises are actively promoting antitrust laws.
To be honest, Roosevelt Sr. and later President Roosevelt Jr. were both unconventional presidents and should not have appeared in the United States of America at all. If they had appeared in a country like the Soviet Union, it would not be against peace at all.
Just when Sheffield was about to take advantage of the opportunity and make a standard version of taking advantage of others, Alice Roosevelt was about to leave. She refused Sheffield's excessive request and said before leaving, "Keep it for now.
Let’s talk about it after the matter is resolved.”
The slave owner looked at the swinging stick below with a melancholy look on his face. He almost called a bodyguard to ask if the prostitution industry near Washington was prosperous or not. How about going deep into the bottom to investigate?
"As long as we stick to our position, even Roosevelt, the president, can't do anything to us." After returning, Morgan Jr. was obviously very satisfied with today's tit-for-tat confrontation. This idea had been lingering in his mind for a long time after the investigation by Northern Securities Company.
Chapter completed!