242 Sewers
As the saying goes: planting a plane tree attracts a phoenix. Pen ~ fun ~ pavilion www.biquge.info
As long as Santiago is in control, even if J.P. Morgan doesn't take the bait, Li Mu can find other partners.
Of course, J.P. Morgan is willing to cooperate with Li Mu is the best, and there is no need to be familiar with it, J.P. Morgan and Li Mu have already had successful cooperation experience, and both of them have a certain understanding of each other and have established basic trust, so there is really no need to look for new partners in this case.
"My idea is to vigorously develop the sugar processing industry and mining industry in the short term, and then use the profits generated by sugar and ore to build a steel mill in Santiago, and when the steel mill is completed, we can produce all kinds of living materials and production materials to supply to all the countries along the Caribbean Sea, if they can't afford to pay for the goods, it doesn't matter, they can use all kinds of raw materials to compensate, and then we will ship the raw materials back to Santiago, and after rough processing, we will sell them back to the Caribbean countries, and even to the United States and Europe." Li Mu had a preliminary plan, which of course needed to be discussed with J. P. Morgan.
"Perfect! San Diego is a transit point, and there are certainly cheaper human resources than the United States and Europe, so our products will be quite competitive, and it will only take 20 years - or 10 years for San Diego to become an industrial center on the Caribbean coast. J.P. Morgan is confident that the key is that the investment in this program does not sound high.
Li Mu currently has mines and plantations in San Diego, and he only needs to expand the scale of production, so he can produce more sugar and ore, use the profits from the sugar and ore operation to build a steel plant, and then use the steel produced by the steel mill to supply the Caribbean coast, and then exchange it for raw materials from the Caribbean coast, this is a near-perfect supply chain, no need to verify, J.P. Morgan can imagine how strong this idea will be.
"So, if we cooperate, now it's a matter of investment ratio, I'm a San Diego investment company here, you're a Morgan family there, how much are you going to invest? How many shares do you hold? "Li Mu doesn't hurt his feelings when he talks about money, this kind of thing, it's better to say that it's better to be in front.
The San Diego Investment Company, which was established by Li Mu's "five-person group of five to share the spoils", because Li Mu invested plantations and mines in addition to cash, and Li Mu was also responsible for running them, Li Mu held 60 percent of the shares, and the other four people each held 10 percent.
This ratio is very satisfactory to everyone, before this, Li Mu and the other five people have divided up five million dollars worth of precious metals and antique oil paintings, to be honest, this money has made George Dewey and them satisfied, as for the company's shareholding, how much they don't care, after all, they are shareholders waiting for the penalty, is there anything more comfortable than this?
To tell the truth, Li Muken gave each of them a 10% share, it was already for the sake of their future achievements, for now, strictly speaking, Li Mu is the boss, they are just Li Mu's employees, it is said that they are not qualified to take shares from Li Mu.
"I beg your pardon, such a big investment is definitely not something I can decide with a word, so I need to discuss with other family members, tomorrow - no, the day after tomorrow, the day after tomorrow, I will give you the answer." J.P. Morgan didn't rush to respond, and this kind of thing really needs to be discussed first.
The current J.P. Morgan is indeed the helmsman of the Morgan Group in the United States, but the world's financial center is actually London these years, so the Morgan consortium in the hands of J.P. Morgan is just a branch of the Morgan family in the United States, and investing in San Diego is not a trivial matter.
Two days passed in a flash, and on June 6, Li Mu and J.P. Morgan resumed negotiations, and this time J.P.Morgan came prepared and came up to propose a distribution plan.
"We have a rough estimate of the resources of the whole of San Diego these days, if we want to reach the level you said, our first investment will be at least about 20 million US dollars, this money includes the expansion of plantations and mines, and the cost of expanding the port of San Diego, of which the cost of expanding the port accounts for 70 percent, we have to understand one thing, the scale of production can be expanded at any time, but the port cannot be renovated casually, once it is put into use, it can only be repaired and repaired, and it is impossible to expand on a large scale. So if the San Diego Investment Company were to take a stake in the plantations and mines it controlled, it would be worth $1.5 million, and then we would decide on the percentage of the investment -- "J.P. Morgan had a good calculation and was considerate about the port of San Diego."
In addition to Li Mu, Benjamin, Nelson, Raul, and a white man named August Longman participated in the negotiations.
August Longman is a professional manager hired by Li Mu to be in charge of the investment projects of the San Diego investment company, this guy has a brilliant resume, he worked as an investment company manager under Jay Cook, who committed suicide a few months ago, and Jay Cook's bankruptcy stems from his own self-determination and misjudgment of the current situation, and has nothing to do with August.
After Jay Cook's suicide, August fell into a state of unemployment, and professional managers like Auguste didn't have to worry about finding a job, but unfortunately, this year was 1873, the year of the outbreak of the economic crisis, and the entire financial industry in the United States fell into a trough, so Li Mu was able to hire elite talents like August.
That's right, with the suicide of Jay Cook, the economic crisis inevitably spread, and the Pacific Rim Railroad was spun off, causing the share price of the Pacific Rim Railroad to plummet, and now the value of the Pacific Rim Railroad stock is less than half of what it was two months ago, which became a fuse, detonating the entire financial market, and now New York is in mourning, and the stock price of the entire industry has fallen by 40 percent, of which the stock of the railway company is the worst, and the price has fallen by 60 percent.
J.P. Morgan's arrival in San Diego at this time has a lot to do with the downturn in the New York stock market, J.P. Morgan is the face of Wall Street tycoons, so J.P. Morgan wants to find a better way to invest for the tycoons, and now it seems that investing in San Diego is obviously a wise choice.
With someone like August as a staff officer, Li Mu must also know the current situation in New York, so Li Mu is also ruthless in cutting prices: "First of all, the value of the plantations and mines controlled by the San Diego Investment Company is seriously undervalued, not to mention how many plantations there are at present, I want to explain that in Guantanamo, there are still more than 100,000 acres of land waiting for us to reclaim, and within five years, sugar cane will be planted everywhere, and then our cane sugar production will be several times that of now." In addition to this, there are mines, the value of the Maestra and Pugliar is immeasurable, in terms of the current level of development, the utilization rate is not even one percent, these two mountains alone are worth more than one and a half million, or even more than five and a million thousand, I don't know what kind of information Mr. Ricardo gave you, but if you don't change your mind, then we can't reach any agreement. ”
After the establishment of the United States of Cuba, Ricardo was appointed by Sylvester as Minister of Finance, and J.P. Morgan must have been involved in valuing the assets of the Santiago Investment Company.
Ricardo was also one of the negotiators, on the side of J.P. Morgan, and when he heard Li Mu's statement, Ricardo pursed his lips and grimaced, saying that it had nothing to do with me.
"In that case, let's leave aside the plantations and mines, let's talk about the port of San Diego—" J. P. Morgan had anticipated and did not dwell on the matter, so he put aside the controversy and moved on to the next topic.
"Regarding the Port of San Diego, the rights to operate the port for the next 50 years belong to the San Diego Investment Company, so we can completely divest this piece, and the San Diego Investment Company can authorize the new company to try it for free, but the Morgan family will have to bear the cost of expanding the Port of San Diego." Li Mu also has a good abacus, and the future San Diego Port will definitely not be used by more than a new company, Li Mu is borrowing chickens to lay eggs.
"It's impossible, the cost of expanding the port of San Diego is a multi-million dollar investment, and if the return is just a free right to use, the manager who decided to invest in the project should be judged." J. P. Morgan also disagreed with Li Mu's proposal.
Well, in fact, this is all expected, tens of millions of dollars of investment projects, not so easy to negotiate, Li Mu and J.P. Morgan are ready to fight a protracted war.
While Li Mu and J. P. Morgan were haggling, the reconstruction of San Diego was progressing according to plan, and the task of widening the main road of the central axis was completed within a week.
The action in the port area is also very fast, Li Mu transferred a total of 3,000 construction workers before and after, compared to the construction team in the main city of San Diego, Li Mu's hands are professional construction workers, their skills are more skilled, and because Li Mu will pay these construction workers salaries, these construction workers are more motivated, just within a week, they completed nearly half of the work tasks, at this time the technicians entered the site, began to plan the road in the port area, and after the road planning was completed, Construction workers will start the construction of the port area by excavating the sewers.
That's right, it's the sewer, Li Mu, who likes the "007" series and the "Mission Impossible" series, is deeply impressed by the sewers in New York, which can't be described as sewers, it's a huge underground city.