At the headquarters of Union Bank in Manhattan, Union Bank President Blair was persuading Sheffield, saying that this move would open up a market of 400 million people and establish Union Bank's international influence.

"I think Morgan and others are better at this matter!" Sheffield looked into Blair's eyes and said unmoved, "We at United Bank should not get involved in this matter. At this stage, United Bank's business is mainly to consolidate domestic

, rather than building a worldwide business, it’s a little early.”

"Boss, this is a good opportunity. I don't understand why you are so conservative." Blair said very annoyed, "The situation in China is good now. The fiscal revenue has increased greatly in recent years, and the risk is very small."

Sheffield agrees with this. In the last few years of the Qing Dynasty, there was indeed a sign of returning to the past. Otherwise, it would not have been like rebuilding the Beiyang Fleet and approaching the United States to discuss technical cooperation. The collapse was far from the worst time, but this

So what, I can only say that there are no signs.

The opportunity Blair was talking about was the railway bonds issued by the Qing Dynasty, which listed railway construction as the first priority. The Hu-Guang Railway was the Guangdong-Han Railway in Hunan and Hubei at that time, and the Sichuan-Han Railway in Hubei. These two railways,

They are all under the supervision of the Governor of Huguang, hence their name.

This bond of the Qing government was guaranteed by Lijin and Salt Taxes from the two lakes, and was entrusted by a consortium of banks from the United States, Britain, Germany, and France to issue bonds to foreigners. The railways built at that time were mainly from Guangshui to Xiangyang, and from Jingmen Prefecture to Yichang.

The section from Yichang to Fengjie.

This bond was under the responsibility of the Ministry of Posts and Communications, and the Minister of the Ministry, Sheng Xuanhuai, was responsible for it. In order to finance the construction of the Hu-Guang Railway, a five-percent-interest treasury bond, referred to as the Hu-Guang Bond, was issued. The Qing court signed the Hu-Guang Railway with a consortium of banks from Britain, France, Germany, and the United States.

The loan contract, with a total loan amount of 10 million pounds, and the first phase of the issuance of 6 million pounds, was signed by the British HSBC Bank in London and Shanghai, the French Credit Agricole Bank in Paris, the German Deutsche Bank in Berlin, and a group of American banks in

Distributed in New York.

The slave owners even knew that this eventually inspired the road protection movement, which can be said to have caused the collapse of the Qing Dynasty. However, this bond seemed to have become a piece of waste paper in the end and became a junk bond that no one cared about.

Now the CEO of Union Bank got the news that his boss happened to be around New York recently, so he excitedly told Sheffield that a gold mine had been discovered.

It's a pity that Blair's boss happened to know that the final result of this railway bond issue was to screw up the Four Nations Bank. Although he had just verbally reached a big deal worth more than one billion, he was not so confident that he took the initiative to step into the trap.

"Recently, the head office and the Morgan family have business and cannot stir up trouble in each other's fields." Faced with the various benefits told by Blair, Sheffield had to become a party to the overall situation and said, "So this kind of good thing should be done by Morgan and the others.

Bar."

I hope that little Morgan will not cause trouble to Sheffield because of being sheared. The slave owner is not a prophet. How did he know that the Qing Dynasty was coming to an end? So what if he knew?

I heard that this bond was later auctioned on the Internet and could be sold for more than a thousand dollars. Who says it can't be repaid if it is kept for another two to three hundred years?

Under the supreme guidance of Sheffield Morgan, Blair could only express his dissatisfaction with Morgan Bank and withdraw from the competition for this railway bond. Sheffield took the initiative to call Morgan Jr. to maintain the friendship between the two parties.

The total amount of the four banks was 6 million pounds, but only 1.5 million pounds fell into the hands of Morgan Bank. With the strength of the Morgan family, this loss is not much at all. Even if there is a loss, it is God's will!

Under Morgan's priority policy, Sheffield soon received the gratitude of young Morgan himself, but there were differences in the way of leisure. Sheffield said to make an airship, and young Morgan said to make a yacht.

This reflects the common ground between the two. Sheffield believed in the airship manufactured by his own company, and Morgan believed in the yacht manufactured by his own company, but they both adopted a skeptical attitude towards the other's tools.

Of course, this is not a big problem. Generally speaking, the two of them are still friendly. Their friendship, which is worth a billion dollars, is not in vain.

"Once we complete the transaction, you will undoubtedly be the richest man in the United States." Little Morgan sighed, "I don't know what you think, like Carnegie, or invest again?"

"There are still many industries that need me to promote, and now is not the time to relax." Sheffield's face said that I want to change the times. Like Carnegie? What? Charity? Mr. Morgan may be dreaming,

Slave owners would rather burn dollars as firewood than waste time.

Of course, a huge amount of money will go into the Evelyn Foundation in the future, but that is just the child care fund left by Sheffield for Evelyn, and it will essentially be left to the descendants of the two of them.

Of course the slave owner knew that after the transaction was successful, it would be very eye-catching to have this huge sum of money in his hands. Even if the debts owed were liquidated, it would be too much, so it must not be left in the bank to gather dust. The first step is to exchange it for gold, of course.

In addition to leaving the remaining money for necessary maintenance and investment in domestic industries, it is necessary to find a suitable place to buy.

Australia has a vast territory and is sparsely populated. Wouldn't it be a good idea to buy a piece of land for mining or ranching? Brazil's Vale Valley also needs investment from kind-hearted people like Sheffield.

This is definitely not a transfer of property overseas. As we all know, Sheffield United is an international enterprise that has responsibilities to all mankind. We cannot look at the problem from the narrow perspective of transferring property overseas.

Naturally, there are both losses and gains in investment, and it was out of the sight of the United States. A few years later, Sheffield announced that the overseas investment had failed, and naturally no one cared about it. Who said that slave owners could not fail in their investments?

"Stop talking about me. Your side is the main direction. Who am I? I'm just a loser who is watching his property being annexed." Sheffield even pretended to squeeze out a few crocodile tears when he said this.

, and his tone seemed to have become depressed.

"I heard, William, that you invested in a film and television base in Los Angeles, and now it seems to be true." Seeing the disgusting scene in front of him, little Morgan even ducked back unconsciously, a purely instinctive reaction.

When it comes to mergers, acquisitions and reorganizations, it is as easy as Sheffield thought. Although the Morgan family is considered an expert in the United States, mergers, acquisitions and reorganizations of this scale have never happened before. In the past, many operations were carried out in the name of discounts, mergers, acquisitions and reorganizations.

In fact, it is a unilateral annexation by the Morgan family. Of course, it can be simple and crude. What's yours is mine, and what's mine is mine. What's so difficult about this?

Everyone knows that a joint-stock system is not that simple to create. It involves many issues in all aspects, and the two most important among various problems are the distribution of stocks and the ownership of the management rights of the enterprise after the joint-stock system.

question.

The shares of the entire enterprise are divided into two types, namely, shares with operating decision-making rights and shares with no operating decision-making rights but only dividend rights. Sheffield will also retain nearly half of the voting rights, which will lead to many places to go through in the future United General Motors Company.

With careful design, the more dispersed the equity is, the more time and energy will be spent on the right to speak. This is all foreseeable.

It's not that Morgan Jr. is willing to waste so much time. The fundamental reason why so much time is needed is because this is a fair merger, not an annexation. There is also a share of the Rockefeller family, which is divided between three tigers around a piece of meat.

.So how to divide it is a question that requires a lot of research.

"The dispersion of equity does not mean that your Morgan Alliance has too many stakeholders. But this is your family's choice. If you don't do this, how can the Morgan Alliance system have billions of dollars to expand?" Sheffield pointed out.

The weakness of the Morgan Alliance is that little Morgan is also a ruthless character.

If it had been an ordinary heir, the Morgan Alliance might have collapsed the moment the old Morgan died.

It is normal to be cautious. For the three parties, this merger and acquisition has amazing benefits. Sheffield also hopes to continue to expand with a large amount of cash.

Sheffield showed great patience for young Morgan's meticulous operation and was not in a hurry. This was also appreciated by young Morgan himself, "William's patience can make him a successful banker."

"No, no, no, Morgan comes first!" Sheffield waved his hands repeatedly, indicating that he would not compete with the Morgan family in the banking field, just like this time with railroad bonds.

In the current United States, business matters, as long as the decisions of United Company, Standard Oil and Morgan Bank are basically a foregone conclusion, everything now is just moving forward according to the established route.

When an opportunity appeared three times at the same time, Sheffield believed that if he remained indifferent, he should be struck by lightning. There was no doubt that he was such a person, so the slave owner still took practical action.

Louisa Morgan turned around with great effort. The movements of the man behind her and the sense of fulfillment coming from below made the woman of the Morgan family understand that this was definitely not a dream. In this situation, she was killed by a man she had not seen a few times.

.

"This is really a physical job!" Sheffield puffed while holding a cigarette and pulling up his waistband. "What's the point of resisting? The final result won't change, right?"

"You are a criminal!" Louisa Morgan pulled up her pants and said in an emotionless tone.

"Morgan first!" Sheffield replied confidently, pointing in the direction of the door, "Are you suing me? If the two of us start a lawsuit, it will bring huge laughter to the citizens of the United States. Do you have any questions?
Chapter completed!