Chapter 538: Peace and Wealth
For many powerful companies, the DuPont Consortium is already considered a very powerful presence. But such a powerful company was directly dismantled by several giants this time.
For the decision-makers of other companies, they are not like the citizens who think that it is a good thing for the DuPont family, the death dealer, to collapse, at least not like this. Standard Oil, United Company and Morgan Bank can join forces this time to unite DuPont.
If a company forcefully annexes a company, it may do the same to other companies next time.
Thinking about it this way, no company's decision-makers can sleep soundly anymore. They all want to know one thing now. Is this an isolated incident or the beginning of a new direction? If it is the latter, then it is too bad.
Too bad.
This signifies that several giants with one hand covering the sky have entered the track of using any means for profit. Who is willing to face such a business environment? If the three companies join forces, they will do this. Even a company as stubborn as the DuPont family will give in.
How could they resist it?
The fate of South Korea's Daewoo has been replicated in the United States, and the impact has been huge. It can be said that it has sounded the alarm for many companies. The development of the three companies must be viewed with suspicion.
Morgan Jr.'s office seemed to be busy all of a sudden. It was almost as busy as when many companies came to ask for help during the financial crisis. Companies in various industries wanted to find out the news to put their minds at ease.
"Look, these little friends are scared." Little Morgan put down the phone and said to Little Rockefeller and Sheffield, "People who don't know think that we are going to carve up the country's industry soon."
"It's not unreasonable!" Sheffield said something ambiguous. This time, the merger of DuPont by the three major companies was indeed a bit excessive in the eyes of others. Its significance is comparable to the laundry detergent of the United Nations General Assembly!
The laundry detergent incident actually caused huge harm to the United States. Before that, every time the United States sent out troops, it would have to assemble troops from dozens of countries. No one would pay for it, and the risks would be equally shared. Anyway, the United States has a strong foundation. If it loses, other countries will also lose.
I know that the United States is looking for excuses, and other countries have no reason to object.
But after the laundry detergent incident, when the United States wanted to go to war, it was obvious that it no longer had the appeal to respond to every call. Every time it said it was going to start any military action, it would be greeted with suspicion.
Sheffield still had to think of a way. Sheffield was not dazzled by the profits of tens of millions of dollars overnight and said, "There may be many companies that are afraid of us now. This is not a good thing. Let others
The company believes this is an isolated incident and is letting down its vigilance."
"I agree with this!" Rockefeller Jr. nodded and said to Morgan Jr., "Other companies must let their guard down, otherwise short-term gains will only bring more long-term losses. Do you two have any opinions?"
"Let's have a meeting, explain things clearly, and communicate with a candid attitude." Sheffield shrugged, "In what name? Just use the reduction of tariffs, and the reason that American companies have to deal with foreign competition, and some companies'
Let’s meet with the decision-makers. I believe that not only the decision-makers of these companies are willing to come, but the citizens will also have expectations for this consultation. What do you think?”
Now that the benefits have been obtained, it is time for others to understand how forced it is that the three major companies are extinguishing their relatives this time. As for whether it is shameless to compete with foreign capital, because the tariff is the result of Sheffield's hand.
These are all minor issues. How can it be said that it is detrimental to the country if the citizens can fully enjoy the benefits of competition?
At this moment, Sheffield had previously made great efforts to push the Democratic Party to come to power to reduce tariffs. Now he can also publicly call on the companies in the United States to unite to jointly face the threat of foreign capital. The speed of change is staggering.
"In this way, I called Adams, Lowell, Hartman, and Hill and invited them to come to New York for a gathering. At the same time, I notified the decision-makers in the business community to come together and declare to the outside world how to ensure the success of domestic enterprises.
Competitiveness, to cope with the impact of foreign products, that's it." Little Morgan snapped his fingers, deeply agreeing with Sheffield's proposal.
In this way, not only can the annexation of the DuPont family industry be quickly forgotten, but the funeral can also be celebrated. It can be said to the citizens that the companies that have been sucking their heads for many years finally have the courage to face international capital.
You can also communicate secretly with other companies to show that everyone can still coexist in harmony.
It is definitely a good thing to get the best of both worlds. The New York Daily News, which has always had a good relationship with Wall Street, immediately reported in an exclusive tone that domestic companies decided to think about countermeasures to the import of foreign industrial products.
This funeral was held with great fanfare, and the affairs of the DuPont family were quickly swept away from the public eye. Railway giants, bankers, electrical giants, and manufacturing giants all heard the call of the times and came to New York one after another.
There was not enough space in the Morgan Building, so the meeting was held at the Rockefeller Estate. The business world has never been so united. As for the factors of disunity, the notorious DuPont family among the citizens has been resolved.
This gathering was very unfriendly to reporters. The Rockefeller Estate was too big for them to enter. Naturally, they couldn't use their ability to confuse right and wrong. They could only add fuel to the fire through some clues. Fortunately, yellow journalism also
No technical content is required, just make it up without knowing the inside story.
In the Rockefeller Manor, with the blessing of good weather, everyone was drinking and changing glasses. Young Rockefeller, as the protagonist, was doing comfort work in his own manor. "The Dupont family incident is definitely an isolated incident. It is indeed too much."
, otherwise we wouldn’t have ended up like this.”
"I can guarantee with my personality that similar things will not happen again in the future." Rockefeller Jr. said solemnly to Adams, "Actually, my two other friends and I also know what everyone is worried about. Many things are not as simple as they seem on the surface.
, in fact, the feud between the Sheffield family and the DuPont family is familiar to some people. Of course, you may say that this merger is an annexation, but it is actually a term that will not be used for other companies.
!”
"That's the best. Many people are very worried." Adams stopped talking briefly, looking at the happy corporate decision-makers on the side, and said relaxedly, "The DuPont family is also a powerful company, and it was broken up by the three of you.
How can we not worry about dismantling and absorbing them separately? If you can do this once, there will be no future."
"You are too worried!" Rockefeller Jr. said sternly, "We are all enterprises of the same country. Standard Oil has not done so before and will not conduct hostile takeovers without reason in the future. The two of them have similar opinions!"
Rockefeller Jr. and Adams reiterated their assurances that Sheffield and Lowell, who were also familiar with him, were more frank in their attitude, "Yes, I am the leader of the DuPont family's hostile takeover. The reason is that you don't believe it."
, but for well-known reasons.”
"As such a successful company, it is indeed difficult for others to believe the unsolved case of a bullet." Lowell shook his head and said with a bitter smile, "But it just happened. This is something that is unbelievable. Most people
I would rather it be true that you teamed up for a hostile takeover, but I also feel that retaliation for what happened forty years ago is not true enough."
"Anyway, everything is over!" Sheffield smiled helplessly, "In order to reassure you, I still have to explain. The citizens are also watching our actions. Even if we just make a few casual remarks, we
We have made contingency preparations for European industrial products."
Although it is not reality that citizens think that widely respected domestic entrepreneurs are discussing how to deal with the impact of foreign goods, everyone can definitely declare this to the outside world as a fact.
What's more, after the necessary reassurance, the corporate decision-makers, who were cutting steaks and drinking red wine, really started to discuss the matter.
The result of the discussion is of course that, aside from mere foreign goods, the United States is no longer the country it once was. It is the largest industrial country in the world and is no longer the devastated country after the war.
Companies in various industries have enough capabilities to compete with foreign companies, not to mention fighting locally.
The situation is not a small good but a great one. Even the foreign debt, which is the largest in the world today, has become an advantage that cannot be ignored. As long as you lie with a low face, everything will be an advantage.
Some bankers have spread rumors that European capital only hopes that the United States will develop well, because they cannot give up such a huge market in our country. Once our market collapses, their debts will not be recovered.
"Absolutely conscientious competition, our country's enterprises are ready for this competition. Under this healthy competition, all citizens are the beneficiaries." The New York Times is full of confidence in this, for the party at the Rockefeller Estate
Beating the drum and preaching that competition will only make the country develop better.
Our railways have advantages, our steel has advantages, our coal has advantages, and our enterprises have advantages. Lowering tariffs will not damage these advantages, but will only make the country's internal industries more optimized.
This is completely different from the long-term argument of raising tariffs to prevent the dumping of foreign goods. Anyway, the propaganda caliber can be changed when necessary. Now that we need to sing praises for lowering tariffs, then low tariffs are correct.
Every corporate decision-maker who came to Rockefeller Manor was full of confidence in facing the impact of foreign products, saying that we have prepared everything to gain support with better product quality and services.
Chapter completed!