Chapter 496: Trip to the United States (1)

As the largest seaport in the United States and one of the largest in the world, New York Harbor is lined with ships docking. As a natural deep-water port, the shallowest part of the New York Harbor Channel is 13.72 meters, which is perfectly suitable for all kinds of giant ships. Therefore, in the Age of Discovery, the Dutch, who were the first to land and colonize here, immediately fell in love with the establishment of a port city.

Today, it is the most important transportation hub in North America, connecting Europe with the rest of the Americas by sea, and connecting the Great Lakes region with the best of the United States by rail and river. As a result, it has become a concentration of American funds, with a large number of banks in Manhattan and participating in financial activities in the United States and around the world.

And the luxury cruise ship St. Louis slowly docked in the busy New York Harbor, which is its destination this time.

When the St. Louis came to a standstill, the other passengers on board were told to hold off disembarkation. The passengers gladly accepted the notice, knowing that there was a Romanian king on board, who was visiting the United States.

And when Edel set foot on American soil with his wife and attaché, the welcoming ceremony officially began. The American people on both sides waved the flags of the two countries and cheered loudly, and Secretary of State Kellogg, who had been waiting here for a long time, and the governor of New York and others immediately greeted him.

"Welcome to Your Majesty's visit to the United States."

Kellogg was previously a well-known American lawyer, serving as secretary of state in President Coolidge's administration, which won re-election to the presidency.

By the way, Coolidge was one of the lucky ones, serving as vice president as Warren Harding's running mate in the 1920 election, and took over the presidency after Harding's death in 1923. And was subsequently re-elected. His finance minister is none other than the famous Mellon. And his argument is a free economy of small government, leaving everything to the market to regulate itself. This not only made the local American economy prosperous at this time, but also laid the foundation for the future economic crisis.

As secretary of state during the famous Coolidge Boom, Kellogg was a staunch defender of American interests, and he was a champion of a liberal economy. He has sought the rights and interests of US capital overseas at every turn, and has interfered in the internal affairs and disputes of some countries in the Americas. As for the attitude towards European countries, they are basically based on the isolationism that is currently the mainstream in the United States.

So when faced with the big butler of the U.S. government, Eder, who was looking for the United States, greeted him warmly.

"Thank you, Your Excellency, for personally coming to the pier to greet me, a man from the Balkans, with the enthusiasm of the American people, and I am confident that the friendship between Romania and the United States will last a long time."

"Your Majesty is gracious."

In the face of Eder's kindness, despite Kellogg's indifference to European affairs, he could not help but reverie in his heart, because he felt that the king of Eder was simply more enthusiastic than him. So he thought about what to do as he pointed to the others behind him and introduced him to Eder.

"This is Governor Smith of New York State."

"Hello, Governor Smith."

"Hello, Your Excellency."

"It's ......"

“……”

As Kellogg introduced, Eder shook hands with the others one by one.

"Your Majesty, we have prepared our residence, please come with me."

"Thank you, Your Excellency."

Led by Kellogg, Eder and his party left in a car.

While Secretary of State Kellogg was greeting Eder and his party, in the Morgan consortium office on Wall Street, two big men who stamped their feet and the whole world trembled were talking about the Romanian king.

"Uncle Baker, what do you think this king from Romania wants to get out of this visit?"

The only person who can afford to be called an uncle by little Morgan and can chat casually alone is George Fisher Baker. This is J. J. P. Morgan's closest partner in the later years was also his most important ally. He was the most powerful national banker on Wall Street, he was the chairman of a number of companies, managed the largest number of companies in the United States, and was said to be the third richest man in the United States in 1917, the other two were of course Rockefeller Sr. and Morgan Jr.

George Fisher Baker shook the glass in his hand and shook his head. "What else could it be, and the United States had nothing but money to make this king look good."

Don't blame George Fisher Baker for being so straightforward, the current United States is really not something that Eder can look at except for money. It was only after World War II that the United States became a symbol of the free world after absorbing European talent and technology. Of course, having money is also a very beautiful feeling, and it can give you a lot of experiences. I believe that as long as there is no major economic crisis, even without World War II, the United States will be able to catch up with old Europe in the field of science and technology. It's just that it takes a little longer, after all, no one will give money to get by.

Baker Sr.'s words made Morgan Jr. wonder: "If that's the case, maybe we can take down the financial markets of another European country." ”

"Not necessarily, this is a strong king."

Facing Old Baker's words, little Morgan smiled and said. "Maybe in other areas the king can be strong, but in finance it's our home field. If this king really needs the capital of the United States, then he will definitely need us as allies. It is also the basic common sense of a successful person to give up part of his interests to unite allies, and I believe that this king will understand the rules of America. ”

Little Morgan's self-confidence, even arrogance, did not arouse the slightest rebuttal from Old Baker. Because the current financial market in the United States is indeed as Morgan Jr. said, without the cooperation of the Morgan consortium, Eder's trip to the United States will be greatly overshadowed.

You must know that at present, the Morgan Alliance and the Morgan family are collectively known as the Morgan Alliance. In the Morgan Alliance, the Morgan Company is used as the axis to lead the chain of directors, and it is connected with major financial institutions with more than 200,000 yuan below the large financial capital, thus forming a "Morgan System" with a large structure and strict organization.

This financial group accounts for 33% of the nation's financial capital, with a total value of nearly $20 billion! There is also $12.5 billion in insurance assets, accounting for 65% of the nation's insurance industry. In terms of production business, Morgan has 47 directors among the 35 major companies in the United States, including U.S. Steel, General Motors, Kenneg Specialty Copper, Texas Gulf Sulfur, Continental Oil Company, and General Electric Company. Morgan's involvement in the railroad industry is well known.

At the same time, it also owns ITT (International Telephone and Telegraph Company), National Cable, Postal Cable, AT&T (American Telephone and Telegraph Company), etc. The Morgan Alliance has $51 billion in total assets and major trust companies such as Anakoda Copper, Westinghouse Electric, and United Metal Carbide.

All of the above add up to all the total assets, and after deducting the duplicates, the Morgan system before the Great Panic had a total capital of $74 billion, equivalent to 1/4 of the capital of all companies in the United States. 167 directors, who came out of the Morgan company, controlled the entire Morgan system, and carried out the instructions issued by Morgan on Wall Street, what kind of hegemony is this!

And as the helmsman of this huge financial system, Jr. Morgan can be said to be calling for wind and rain in the financial market. Even other countries except for a few major powers will not be in his eyes.

And Romania can barely be regarded as a new power, so it naturally entered the eyes of little Morgan.