Chapter 12 Loans

“…… Yes, Mr. Morgan, I must admit that Motorola Communications has a certain relationship with me. ”

……

"Okay, have time for afternoon tea together......"

"Hoo ......"

After hanging up the phone, John only felt his scalp tighten for a while, and scratched it with some annoyance.

The founding of Motorola Communications and the demonstration of radio technology are now one of the hottest topics in New York City. And adhering to the consistent experience, it is the company and Tesla that are in the limelight, John? The name Huntelaar was quietly hidden behind the scenes, and did not appear directly in front of the public. But for a figure of Morgan's level, he knew John's status as a majority shareholder a few hours after the presentation, and then called in the evening......

As a time-traveler, John had to admire Morgan's sensitivity to new things.

Radio is making a splash because it can transmit information over the air, but the real use value is currently almost zero - the communication distance is too short, the transceiver is not sensitive enough, and so on, there are just too many problems. So John just took out $30,000 to support Tesla and their continued research and development, and it didn't need large-scale investment. But it was in this case that Morgan called almost immediately, which had to make John admire!

But......

The radio that has just appeared now, like the telephone in the past, was grossly underestimated before it was widely recognized, and how could John, who knew history well, let others get involved now?

Morgan was shrewd, but John wasn't stupid either.

After John put down the phone, old Huntelaar laughed next to him: "This time, he wants to take a stake in Motorola again?" ”

"No, he didn't."

Smiling slightly, John shook his head and said, "He's just checking to see if Motorola is my property." There is no mention of shareholding. ”

"Haha, because he knows it's useless to mention it!"

After listening to John's answer, old Huntelaar laughed happily. If old Huntelaar had treated the financier with respect and scruples when he first dealt with Morgan a few years ago, he has now reassigned his place, like John. Naturally, he was unusually proud of what was happening in front of him.

However, after a short period of pride, old Huntelaar quickly sighed and said: "It's a pity that the radio communication distance is still too close to be truly commercialized, otherwise it can start production now...... Tsk, if a radio transmitter sells for a thousand dollars, someone should buy it, right? ”

When he said this, the elder Huntelaar really regretted that if the radio could be produced and sold now, it would soon be a lot of money.

"Definitely!"

Without hesitation. John nodded.

It sounds like a fantasy to sell a radio that costs tens of dollars for a thousand dollars, but if you think about the cost of those ships, which one of the slightly larger ones doesn't cost hundreds of thousands or even millions of dollars? At present, the British have begun to plan the Sovereign-class battleship, and the cost is more than one million pounds, that is, five million dollars!

With a few radios, who cares?

So no matter how expensive the price is, as long as the world's navies have one on every warship. You can let Motorola get millions in the account, and if the other party is richer. If there are two more on an important battleship......

"Alas, what a pity!"

After thinking about this, John couldn't help but sigh secretly.

The Huntelaar family is now making money very quickly, and the income from the industries in Europe and North America combined is even close to one million dollars, which is definitely a huge amount. In particular, Heinz Pharmaceutical Company is like a hen that lays golden eggs, earning a monthly figure that makes others blush.

But at the same time, the speed at which they spend money is even more astonishing!

Over the next two years, John's hospital and medical school will cost more than a million dollars, a car factory in North America will cost $120,000, and, of course, the bank that old Huntelaar wants to buy. That's a huge number! In addition, Motorola may continue to invest in the future, and the elevator company will continue to raise, although in the long run, these investments are worth it in the future, but in the short term, it has brought heavy pressure to the Huntelaar family.

The main thing is the bank that the old Huntelaar wants to buy.

Investing in medical school is a long-term process that can even be slowed down if necessary; The North American automobile factory is not in a hurry, after all, it is a zero-based here, John must first recruit a group of technicians and workers, send them to Europe to study, or directly poach people from Europe, maybe they can't be built in a year or two; Only the old Huntelaar wanted to buy a bank, and the two decided to buy it before the end of the year.

Having your own bank is useful at times like now.

But buying a bank requires a lot of money – a small bank in New York is worth more than a million, and a few of the old Huntelaar have a crush on more than $3 million!

Three million dollars is also a bit of a struggle for the Huntelaar family.

So when John first heard the news of the successful development of the radio, the idea immediately came to mind that he could make a lot of money to subsidize these investments, but when he actually saw the original radio, he realized that unless he was willing to sell it now, this thing would not only not bring him immediate profits, but would need to invest a sum of money to continue the research and development!

Isn't this a cheat?

After thinking about this, John was quite distressed.

The two of them thought of this question almost at the same time, and after a long silence, old Huntelaar sighed and said, "For the sake of today, I'm afraid we can only consider taking out a loan or selling part of the property." ”

"Loans? Can I borrow two million? ”

John's brow furrowed, and he couldn't help but ask. Based on the cash and various receipts and expenditures that the Huntelaar family now holds, the acquisition of a bank worth $3 million by the end of the year will require at least $2 million in external financial support, which John and Huntelaar Sr. have already calculated.

"Two million isn't that hard."

Old Huntelaar shook his head and said helplessly: "It should be okay to borrow two million with the shares of pharmaceutical companies and New York Electric Power Company as collateral, but if this money is used to invest in your invention, I don't have any worries, but if it is used to invest in a bank...... John, maybe we can postpone our plan to buy a bank, or maybe we can sell some of our property to raise money? For example, shares in steel companies and shares in Lego toys, etc. ”

The words were not finished, but John had already understood what his grandfather meant.

Banks are an industry that the Huntelaar family has never touched, and it is also a very competitive industry, if you buy a bank, God knows if you will lose money? When can I start making a profit? Will blood transfusions continue in the next few years? These questions are all uncertain, and it is difficult to guarantee anything.

It seems like a good idea to postpone the plan or sell some of the property.

Carnegie's steel company John had only a 3 percent stake, and Lego, although it had a large stake, was only a few tens of thousands of dollars a year, and with the economic level of the late 19th century, it was unlikely that there would be much development in the short term, so it seemed like the right time to sell them.

"No, Grandpa, we can't postpone our plans, we can't sell these properties!"

John shook his head at Old Huntelaar's suggestion without hesitation.

How important it is to have a bank in the United States, just look at the status of the bank in the industry of the future ten consortiums, and John is not willing to drag it out since he realizes it. The last two decades of the 19th century were a critical period for the formation of monopolies in the United States, and the financial industry was the most important of them.

As for the sale of the industry, no one knows the future of Carnegie Steel better than John, and the market value of these three percent can be increased by at least 20 times in the next ten years! Although the overall scale of Lego toys is difficult to go up, the profits are very high, and they will bring tens of thousands of dollars in dividends to John every year, and it is likely to rise to six figures!

With such a high-quality industry, why is it necessary to sell now?

After a slight pause at this point, John continued: "Don't worry, grandpa, the diphtheria antitoxin serum will soon be in production, bringing us huge profits; There is also radio, I will work with Mr. Tesla to study and strive to come up with a commercially available product in the second half of the year, which can make a lot of money. And...... It's only two million dollars, are you afraid that we can't afford to pay it back? ”

"Uh...... Also. ”

After being stunned for a moment, old Huntelaal suddenly smiled bitterly.

When he got older, the old Huntelaar became less courageous, and he panicked at the thought of taking out a loan of two million, but he didn't expect that with his own speed of making money, two million dollars didn't seem to be a problem at all!

"Then take out a loan!"

After a moment of silence, old Huntelaar breathed a sigh of relief and said, "Since it has been decided, there is no need to delay, I will get these things done as soon as possible......"

……

It's so hard for me to write these episodes for a business and financial idiot. But John's layout is basically over, and it's hard for everyone to watch this maybe idiotic plot, let's get into the main line next. (To be continued......)