Chapter 516 Investigation of DuPont
"This time is not the best, but it is the time when the political environment is most favorable to me. I can't delay it any longer. It will be too late in the future." In the Oak Manor, Sheffield took his wife Anne's arm for a walk.
After the Democratic Party came to power, the slave owner's time of busy work came to an end. He took time to spend time with Anne and experienced the hard-won relaxed life. "It was easier to deal with earlier, but the political environment was not good for me. Standard Oil once
There is this opportunity, but since the introduction of antitrust laws, Standard Oil has been investigated every year. It must be admitted that DuPont's luck is really good, but this good luck has ended."
Of course Anne knew who Sheffield was talking about, and the company that the family talked about endlessly was not Standard Oil, not Morgan Bank, but DuPont.
"I heard that DuPont is now in the Big Three model, and several managers are very capable." Anne pouted, "You said you are afraid of not being able to make it in time in the future. Do you think you can no longer squeeze the other party out with normal means?"
"Well, that's the case, so we have to solve this problem in these four years. Otherwise, after these four years, there will be no chance of cooperating with the Democratic Party to deal with DuPont." Sheffield nodded and said that DuPont can no longer be allowed to
There was an opportunity to make war fortune, and there was not much time left for Sheffield.
Although it seems that in the United States, strong capital determines everything, the political environment is also very important. Like many companies, this is not the first time that DuPont has faced antitrust laws. When Roosevelt cracked down on trust companies, he did not punish DuPont.
With special care, the other party still managed to survive the danger.
The DuPont family now controls 65 companies. DuPont's status in Delaware is similar to Sheffield United's status in Texas. It even took the lead in setting up a stock exchange. It's really unbelievable.
In this day and age, I really don’t know how much influence a company can have. A heavy asset enterprise actually established a separate stock exchange to serve its own company.
According to what Sheffield knows, the first official tax reduction and trickle-down effect operation in the history of the United States were pioneered by DuPont. It can only be said that the DuPont family turned from political diplomats to businessmen and has never forgotten the political talents of their ancestors.
, once they encounter difficulties, they can think of how to make politics serve them.
Therefore, Sheffield, which thinks that the collusion between government and business is very powerful, the opponent it encounters this time should be another company in the United States that best understands collusion between government and business. Now we have to see who has the qualifications to say, "No one knows better than me."
Collusion between government and businessmen.”
Sheffield once read a piece of news in his previous life. On October 17 of that year, a large explosion occurred at the chemical company BASF in Ludwigshafen am Rhein. Not long ago, the nylon production giant DuPont announced that it was planning to reorganize all nylon products.
The price increase of US$100 per ton will begin on October 15th.
What exploded that day was a chemical raw material transportation pipeline. The pipeline has been cut off, and the steam cracker and other related devices have been shut down. As a German chemical giant, BASF will also tighten the global supply of chemical products in the short term. As a competitor, DuPont
The company officially raised the price of nylon on October 15th, which makes people wonder whether DuPont has foresight?
This is news of the 21st century. Changed to the environment at the beginning of the century, Sheffield could only lament that the opponent he faced this time was a company whose lower limits were lower than his own, including the collusion between government and business.
, if he hadn’t won the national election this time and the federal government was now controlled by the Democratic Party, he would really have no way to defeat the other party.
Sheffield stopped, which made Anne a little strange. It seemed that the walking time was a little shorter this time, and she heard her husband say, "You should go back to Arlington, and take Natalia back with you. She has just given birth."
The child is not suitable to stay here."
"Does DuPont still dare to come to the south?" Anne smiled to comfort her, wondering if her husband was making a fuss out of a molehill.
"Other people don't dare, but this company is not sure. It's for safety." Sheffield looked at Anne calmly and said slowly, "Be careful and you won't make a big mistake. I don't have any problems myself, I'm just worried about you."
Is it really that serious? Didn't you say that the United States is a society governed by the rule of law? Anne remained silent. Seeing her husband's solemn look, she did not dare to take it seriously as usual, "Okay, I'll go back right away."
"Now you are obedient!" Sheffield finally smiled a little, stretched out his hand to scratch the bridge of Anne's nose, and did not forget to say something about the Dupont family, "If I am not your husband, what should I be afraid of? Those Duponts can even marry incest.
, maybe he has a hole in his head and does something that is incomprehensible to normal people."
"Then I'll secretly take the train and leave tomorrow!" Anne happily agreed, enjoying her husband's concern.
"I still think it is safe to take a boat. At least the boat is manufactured by our own company, and the United Company does not manufacture carriages." Sheffield suffered from paranoia after being murdered and planned a safe route for his wife.
It doesn't seem appropriate if a group of mistresses follow Anne to Arlington. The other women must either go to Arlington or stay with them and cannot be alone outside. Anyway, if the United Company is united by a powerful opponent, the government
Persecution, if such an opportunity arises, Sheffield may choose not to see it, or it may be a dead end. The problem is that safety cannot be based on possibility, just like when the plague strikes, you cannot not wear a mask if you think you are in good health. That is not seeking death.
Well, what if he really died.
Sheffield himself didn't know whether he would go to extremes or give in when faced with the same situation. How could he take it for granted that the Dupont family would give in? Could it be that the Democratic Party came to power and changed history and gave Sheffield confidence?
"Let John Connor come back with some black gold from Cuba. Now the port construction needs someone to watch." When Sheffield gave the order to the steward of Oak Manor, it could be said that he was loud and righteous.
Broadly speaking, this is to help New Orleans take off again. Although the underlying meaning is that some factors are due to the slave owner's mentality that there are always unscrupulous people who want to harm me, the latter is definitely not the main factor.
Once the expansion of the New Orleans container port is interrupted due to some external factors, the good citizens of New Orleans will be the ones who suffer. This is all for the sake of the overall situation.
News has begun to circulate in Washington that the new Attorney General of the federal government, Olney, has begun to reopen the antitrust law investigation against DuPont. The reason is that it has been used thousands of times, and it is believed that the development of DuPont has constituted a
Abnormal competition. When suing trust companies, most of the reasons are not based on the direct term monopoly, but the abnormal competition brought about by monopoly status is used as a reason to attack large companies.
It's very simple. When all industries are trust companies, if monopoly is used as a reason to launch an attack, then all trust companies must be attacked. Unfair competition can leave room for the Ministry of Justice to maneuver.
Therefore, even when Roosevelt attacked Northern Securities Company, he emphasized that monopoly is not purely bad, but that some companies use their monopoly status to prevent the emergence of competitors.
In Sheffield's view, another situation for this kind of rhetoric is when the teacher says to your mother, "Your child is very smart, but he doesn't use his smartness to study."
Just listen to this kind of talk. It's obviously aimed at monopoly trust companies, but it doesn't mention monopoly. It's all a trick of the federal government. It's just like during the economic downturn, the company told employees that we are going to lay off employees, but if everyone can
If we accept the salary cut, we may be able to survive the crisis if we persevere.
But in fact, even if everyone agrees to cut wages, it is still unknown whether the company can survive in the end. In the end, it really can't stand it anymore. The company relies on its strength to lay off employees. What can the people who are laid off say?
As rumors of antitrust laws targeting DuPont intensified, many people sought out connections to verify Olney.
As for who is seeking verification, it is naturally known to everyone. The first antitrust law investigation handled by the Ministry of Justice after the Democratic Party came to power has great symbolic significance. If anyone is really targeted by this number one,
Definitely not a good thing.
After entering May, Washington is in the most comfortable season of the year. Olney, the attorney general who once served as secretary of state in the Cleveland administration, came to Congress for the first time. Compared with the practice of previous governments, it was more formal than in previous years.
It's a little later.
Olney was familiar with many members of the House and Senate. As a secretary of state and the second-in-command in the Cleveland administration, he was familiar with many of them and was very calm about this encounter.
Walking directly to the podium, Olney said with a stern gaze, "This federal government is committed to creating a fair competitive environment and eradicating unfair competition and even extremely bad behavior among some enterprises to the greatest extent possible. There are
What some big companies have done makes every conscientious law enforcer very angry."
Listening to Olney's words, many congressmen were whispering, seeming to guess who they were referring to. Well-informed congressmen lamented that the recent rumors from the Ministry of Justice were not groundless, and they must be investigating DuPont.
Chapter completed!