John Pierpont Morgan was in the prime of life, and unlike all the beards Li Mu had seen, Morgan's beard was neatly trimmed, and his hazel eyes were calm and deep, and Morgan's first wife died of illness four months after marriage, which made Morgan's eyes often tinged with sadness and gloom. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Morgan was born into a wealthy family, starting with his grandfather's generation, and by John Pierpont Morgan, the Morgan family's wealth has been passed down for three generations, but it is far from its peak.

John Pierpont Morgan, who appeared in front of Li Mu, was tall, wearing a well-made English coat and a classical and elegant plaid waistcoat, which left a very good first impression on Li Mu.

"Hello Reem—" Morgan took the initiative to stretch out his hand to Li Mu.

"Hello Piper, nice to meet you—" Li Mu politely returned the salute.

This is in the mansion on Welsh Street, it seems that Morgan attaches great importance to the cooperation with the horse investment company, and as soon as he received Henry's telegram, Morgan personally rushed from New York to Springfield to meet Li Mu.

Chu Xue brought tea to Li Mu, and then brought coffee to Morgan.

Li Mu noticed that when Chu Xue put the coffee in front of Morgan, Morgan made a gesture of thanking him, although the amplitude of the action was not large, but it was enough to prove Morgan's good upbringing, which deepened Li Mu's good impression of Morgan.

"I passed by the Kuobin Reservoir when I came, and I have to say, Reem, you are really generous, and all I could think about when I was your age was going around two blocks when I was in school, just to catch a glimpse of the girl I liked." Morgan's opening remarks were self-deprecating, which effectively shortened the distance between him and Li Mu.

It seems that Morgan likes to take a detour, because the Broadside Reservoir is northeast of Springfield, and if you don't take a detour, Morgan doesn't need to pass through the Broadside Reservoir to Wales Street.

"It was just an accident, and if it weren't for Amis, I wouldn't have crossed paths with the Broadside Reservoir." Li Mu did not shy away from saying that the fall of Amis had spread throughout New England, and Morgan must have known about it.

"Hehe, the sin will be punished in the end, and Amis is to blame." Morgan's reaction was not as unexpected as Li Mu expected.

In fact, during this period, the famous big families of the twentieth century were all just starting out, the most representative are: Carnegie, Rockefeller, and Morgan.

Among the three, Carnegie is the famous "robber tycoon", who is good at finding a target and attacking quickly, and has fallen into Carnegie's trap before his opponent can react; Rockefeller is known for its "ruthlessness", in order to achieve its goals, Rockefeller can do whatever it takes, Rockefeller's Standard Oil is one of the most hated companies of this era, in the process of the rise of Standard Oil, Standard Oil committed many crimes, including murder.

Morgan is different from the two of them, Morgan is a person with a "protagonist halo", Morgan believes that "the determining factor of commercial credit is morality", so Morgan's business style is relatively formal, at least Morgan has a moral bottom line, and will not be desperate for profits.

The "moral bottom line" was so valuable in this era that Carnegie, a fellow competitor, had to admit: "Unless ethics are strictly observed, great undertakings will hardly succeed, and even if they do, they will be very few!" A reputation for cunning and unscrupulous means are deadly traps in big causes. Norms should not be legal texts, but spiritual character. …… The key to permanent victory is that the company should be fair, not just a reputation for doing business legally. In recent years, it must be admitted that old-fashioned bankers like Genos have been hard to find! ”

Carnegie's "Genos" was J. P. Morgan's father.

"Presumably Henry has already told you that I want to issue bonds secured by Cuban mineral resources, what do you think about this?" Li Mu doesn't go around in circles, everyone is a busy person, time is precious, and he doesn't have the time to fight a protracted battle.

"With all due respect, I'm not optimistic, Cuba's resources are good, but there is no guarantee of that, and although your achievements are amazing, Reem, for the capital market, Horse Investment Company does not have a credibility guarantee, so I am not optimistic." Morgan has a straightforward personality, or Morgan's moral standards require that Morgan cannot lie, so even in front of Li Mu, Morgan does not shy away from it.

Morgan is right, for the capital market, Li Mu's horse weapons company does not have credibility at all, and Li Mu used improper means in the process of killing Amis, and now this result has begun to gradually appear.

To be a man is still to be upright!

"As long as there is a good enough reward, there are naturally people who are willing to take risks, so I issue bonds with an interest rate of 8 percent." Li Mu doesn't care about credibility, as long as the temptation is big enough, there are always people who are willing to take risks.

At this time, the interest on the treasury bonds is generally about 5 percent, and Li Mu increased it to 8 percent in one go, which is really a big deal.

"And this is not my private act, I have been authorized by the War Department to hire volunteers from the United States to go to Cuba, help the Republic of Cuba train troops, and drive out the Spaniards entrenched in Cuba, so all this is not without security, as for the risks, financial investment is inherently risky, let's just say that the French government bonds that Morgan & Co. is now operating will also be risky, and the rate of return on capital is obviously not as high as 8 percent, since it is also a risk, why not choose the one with a higher rate of return?" Li Muqiao's tongue is like a spring, and he must overcome the key point of Morgan.

"France and Cuba are different after all—" Morgan was also shrewd, and got to the heart of the matter at once.

Of course, it is different, although the French lost in the Franco-Prussian War, the Germans could not swallow France in one bite, Cuba is different, it seems that Cuba is dying, so French bonds are barely considered high-quality assets, and Cuban bonds can be turned into waste paper in minutes.

"It's all the same from a risk perspective, anybody wants to buy North Pacific Railroad bonds before Christmas, but now those bonds are scrap paper, and Jay Cook might jump off the tallest building in London tomorrow." Li Mu gave an example.

Just before Christmas, Jay Cook was one of Wall Street's financial oligarchs, and Jay Cook's company underwrote $100 million in bonds of the Northern Pacific Railroad, which was good business but is now a hot potato.

In fact, this matter also has something to do with Li Mu, and it can even be said that it is precisely because of Li Mu that Jay Cook will fall into such a field today.

The Mobile Credit Company holds a large number of bonds of the North Pacific Railroad, and although this matter is not resolved after Li Mu overthrew Amis, it is well known that Amis once instructed the Mobile Credit Company to use the bonds of the North Pacific Railway Company to bribe members of Congress.

This is undoubtedly a big scandal, and so far, the matter continues to ferment, the general manager of the North Pacific Railway Company has been forced to resign, and the North Pacific Railway Company is rumored to be facing a spin-off, in this case, the North Pacific Railway Company bonds are not cared for.

Of course, this economic downturn is also related, and Li Mu's defeat of Amis is only a fuse.

Jay Cook is also sad, holding a lot of bonds in his hand, and he went to Europe if he couldn't sell them in the United States, but it is estimated that the prospects are not optimistic, the London financial market and the New York financial market are wearing a pair of pants, Jay Cook can't sell them in the United States, and there is no hope for going to Europe.

Li Mu does not pity Jay Cook, although Li Mu did not kill Jay Cook, Jay Cook died because of Li Mu, but the financial oligarchs of this era are basically guilty of original sin, and if they are all killed together, there may be someone like Morgan who is wronged, and there must be a leak in the net.

There are still a lot of people who have slipped through the net.

"If you raise the interest rate to 10 percent, I can sell it for you -- two million bonds." Morgan opens a bid code.

In fact, the so-called "risks" are all excuses, if Morgan is not interested in Cuban bonds, then Morgan will not come to Springfield at all, Morgan's time is also very precious, although it is not to the extent that they have to be auctioned off when they eat together, but Morgan will not have dinner with people casually.

"Eight percent, at least ten million dollars, I can buy two million dollars in French bonds." Li Mu also gave the bid code.

It's a very good start, at least Li Mu and Morgan have the intention to cooperate, which is a good start.

Generally speaking, Li Mu and Morgan should each set up a negotiation team, and then let the negotiation team negotiate, and Li Mu and Morgan just wait for the final signing.

However, the situation is a bit special now, Li Mu is going to Cuba in April, and he doesn't have much time and Morgan ink, so Li Mu will go into battle in person, even if he suffers a little loss, he will admit it.

In fact, what kind of loss is there, the loss is eaten up by those investors who don't know what is going on, Li Mu just waits to get the money.

It only took half an hour for Li Mu and Morgan to reach an agreement, Li Mu would buy five million dollars of French government bonds, and guarantee to hold these government bonds for at least two years; Morgan underwrote eight million dollars worth of Cuban Treasury bonds with interest of nine percent, which began to be cashed out two years later.

In order to ensure that Li Mu has the ability to pay, Li Mu pressed the patent of smokeless gunpowder, and if Li Mu cannot cash in after two years, then the patent of smokeless gunpowder will automatically belong to Morgan & Co.

The deal was still very cost-effective, and a patent sold for eight million dollars, which is estimated to be the most expensive patent ever.

After signing the contract, Morgan was much more positive: "In order to ensure that there are no problems with the investor's investment, Morgan & Co. will send someone to Cuba with you, and you don't mind that, Reem." ”

To be honest, Li Mu's reputation is not bad now, although the process of bringing down Amis is a bit disgraceful, but Li Mu also has the aura of an "inventor", this Li Mu has gained a lot of points, if it weren't for this, it is estimated that Morgan would not agree so happily.

"Of course, we're leaving New York in April, and if the person you're sending is more important to you, you'd better get him a few more bodyguards." Li Mu was finally satisfied.

Signing this contract with Morgan, Li Mu is tantamount to tying half of the American financial community to his chariot, if these investors don't want to see their investment go down the drain, then they had better support Li Mu, otherwise Li Mu doesn't mind letting them lose their money.