Chapter 159: America's Consortium!

"Then it's a big difference from what you imagined." Then he said, "It's just an ordinary gathering, but the people in this party are different. ”

Lin Yu was a little surprised to hear Soros say this, but I have to say that what Soros said is very right, this party is no different from other parties, if you want to say the difference, it's just that the people here are richer.

Indeed, Wall Street gatherings are no different from ordinary gatherings, and if there is a difference, it can only be said that the people who can come in here are very rich. Of course, having money here does not mean being rich in general.

Needless to say, the Rockefeller family and the Morgan family, although I don't know how much money the top two families in the United States have, I believe that the combined money of the two families is enough to have an impact on the world's economy, and more importantly, the control of the United States by these two families, it can be said that the United States is the private power of these two families, and although the other families and consortia are also very strong, they are inferior in strength.

In addition to the Rockefeller family and the Morgan family, there is also the DuPont family, many people may not know much about the history of the DuPont family, but I believe that after knowing it, they will sigh at the luck and courage of the DuPont family.

The DuPont family in the United States has a history of more than 200 years, which is older than the Rockefeller and Morgan families.

The DuPont family was originally a family of watchmakers in France. DuPont relied on several articles with physiocrats to get in touch with Durgo, who later served as Louis XVI's financial director, and was recommended to join the Louis dynasty. At the end of the American Reading War, Pierre participated in the mediation of the conflict between the United States and Britain as a member of the French delegation, and became acquainted with Jefferson, Franklin and others, and established a personal relationship for the family's entrepreneurship in the United States. After the signing of the Treaty of Paris between the United States and Great Britain, Pierre was made a nobleman by Louis XVI for his mediation efforts. However, the bourgeois revolution that broke out soon after brought the DuPont family to a low point, and in 1799 they were expelled from the Directory and forced into exile in the United States. Dupont Sr.'s son Elle? DuPont's surname was fond of reading, and was deeply influenced by Lavoisier, a famous chemist and then the director of the French Royal Fire Pharmacy Factory, and became familiar with the production technology of Fire Pills through visits and studies.

After arriving in the United States, Elle found that the American gundam factory was far behind the French, and the gunpowder used by the army had to be purchased from Britain at a high price, which made Elle decide to join the industry. In June 1802, construction began on a farm on the banks of the Brandy River in Delaware, and was substantially completed in February of the following year, with the first batch of black potions produced in the spring of 1804. At that time, there were more than 200 large and small fire medicine factories in the United States, but they were all small family workshops, and they could not be compared with DuPont, which purchased advanced equipment from France. At this time, the elder DuPont played a role in the negotiations between the United States to buy Louisiana and Napoleon, allowing the United States to buy 2,144,000 square kilometers of land at a price of 3 cents per hectare, and the territory more than tripled at once. In his handwritten letter to DuPont Sr., Jefferson called it a "bargain for the benefit of millions of unborn people." Seizing this opportunity, Elle immediately wrote a letter to Jefferson: 'I ask you, Mr. President, to take care of my DuPont company in Delaware.' In 1804, DuPont's sales were $10,000, which increased to $33,000 in 1805, because in order to repel pirates, hastily formed a U.S. Navy destroyer placed an order for 22,000 pounds of black fire. With sales of $32,000 in 1806 and $43,000 in 1807, it soon became the largest U.S. producer.

In June 1812, on the eve of the Second War between the United States and Britain, the U.S. government ordered $215,000 in gunpowder, of which DuPont received $30,000, the highest in the country. During the war of 1812-1814, DuPont sold more than 1 million pounds of firearms to the government. But this did not satisfy DuPont, because Jefferson had left office, and the current president, Madison, had no connection with the DuPont family, and because of his conflict with Napoleon, there was prejudice and discrimination against the factories run by French immigrants. This made him understand that in order for the business to be durable, he had to find a way to get the DuPont family or its agents into the government and the military, not just to beg for alms, but to 'get married' to the government and thus become part of it.

In 1820, Ele's brother Victor? DuPont was elected to the Delaware House of Representatives, and in 18200 he entered the Senate, which was the beginning of the DuPont family's involvement in politics. Samuel, Victor's son? Francis? DuPont rose from midshipman to admiral, commanding a record-breaking U.S. fleet of 75 warships and 25 Army transports. Needless to say, his fleet was full of DuPont firearms, and he even convinced the entire navy to use DuPont products. In 1857, Samuel, still a colonel, commanded the most advanced American "Minnesota" to come to China on the occasion of the Second Raven War launched by the British and French forces, and stationed in the waters of Macao on the pretext of protecting American trade overseas and preventing oppressed Chinese in Macao from rioting against American investment. In March 1858, Samuel led his fleet into China's inland rivers and flaunted his might on the Yangtze River, leaving a disgraceful mark in the history of American aggression against China.

By 1890, the DuPont-controlled gunpowder trust had monopolized 90 percent of the production of explosives and 95 percent of gunpowder in the United States. At this time, DuPont planned to form a new large corporation with concessions on a wide range of properties, but the Delaware constitution prohibited it. At the suggestion of the DuPont family, the state legislature began to work on a new constitution, fully fulfilling the wishes of the DuPont family.

From here, you can see the luck and courage of the DuPont family, but in the 19th century, the Rockefeller and Morgan families did not have the current power, and at that time they could only be regarded as princes competing for hegemony.

The DuPont family has always been in charge of the arms business in the United States, and nearly 90 percent of the arms business in the United States will be taken over by it, and because of this, the DuPont family, the Rockefeller family and the Morgan family have always been good partners, which also caused the DuPont family to remain so strong after World War II.

Also, in this hall, there are representatives of the Mellon family.

The Mellon family may be unfamiliar to everyone, but when it comes to Amcoe Steel, I believe everyone will know that this company is occupied by the Mellon family, the Rockefeller family and the Morgan family.

Before 1930, the Mellon family could be said to be representative of the American family.

The history of the Mellon family is not as long as that of the DuPont family, and it has a history of more than 100 years, but the Mellon family has indulged in hundreds of large enterprises in the United States, including finance, aluminum, petroleum, coal mining, shipbuilding, steelmaking and other industries. Mellon, for example, has $30 billion in assets, making it one of the 25 most powerful banks in the United States. The founder of the Mellon family, Thomas? Mellon was a contemporary of Rockefeller, and to Andrew? During the Mellon era, as U.S. Treasury Secretary, he made the family shine. On October 24, 1929, the largest economic crisis in the history of capitalism broke out in the United States. Within a week, Americans lost $10 billion in fortune on the stock exchange, and farmers poured milk into the Mississippi River in order to destroy the "surplus" product. At that time, there was a popular children's song in New York: "Mellon blows the whistle, and Hoover rings the bell." Wall Street signals that America is rushing to hell! It can be seen that the Mellon family had influence on the United States at that time.

The Mellon family is also the central family of the Mellon consortium, and the Mellon National Bank, controlled by the Mellon consortium, is also the financial pillar on which the Mellon consortium was built.

In fact, not only the Mellon family, but also the Rockefeller family and the Morgan family have their own banks, not to mention the Federal Reserve, which is jointly controlled by the Rockefeller and Morgan families, controls the issuance of the dollar, while the Rockefeller family's Citibank is Citibank, which is known as the first bank in the United States.

Lin Yu vaguely remembers that he had seen David in his previous life? An article written by Rockefeller roughly means that the world thinks that Chase Bank is the family bank of the Rockefeller family, but this is not the case, although the Rockefeller family has had some strong relationships with Chase for many years, but Citibank is the "family bank" of the Rockefeller family.

Lin Yu has always wanted to have a bank of his own, but he has never had the opportunity and time, and he planned to deal with this matter after the British strike, but at this time Lin Yu was a little worried, the world's large and small banks are basically owned by the owner, and a chain reaction may occur if it moves, for the current Lin Yu, many forces still can't afford to provoke it for the time being.

However, the bank must have one, and it must not be weak, otherwise it will not be able to speak economically in the future, so there will be no difference between having and having it.

After chatting with Lin Yu for a while, Soros took Lin Yu to get to know the people who came here one by one, and after introducing them one by one, Lin Yu knew how big the people here were.

The U.S. Treasury Secretary actually came here, which made Lin Yu have to sigh at the strength of Wall Street.

(To be continued)