Chapter 85: Financial Giants
By the end of September 3, the European war had completely broken out, which further aggravated the turmoil in people's hearts. Uruguayan President Alfredo? Baldomir declared neutrality on the 4th of September, and declared 300 miles off the coast of Uruguay a neutral circle, but in fact no one paid any attention to the small Uruguay country of either the Axis or the Central Powers, and the warships continued to pass as they should.
The rich people here in Uruguay are all European immigrants, and many of them shrank their assets as soon as the war began. Now Uruguayans are going to the banks to withdraw money, trying to exchange it for gold or other goods to preserve its value.
In this way, it is simply worse for Laplace.
On September 4, it was reported that four ships of the Guano Business Group had been sunk by pirates, and the situation became even worse. Instead of blocking the door and demanding money, the citizens of Montevideo have begun to act violently.
At this time, Li Guang's illegal fundraising business was in full swing, and now it has raised more than $6 million, about the same as a medium-sized bank. The abnormal flow of funds in this part of the country has also caused a shortage of water in the financial markets of Uruguay as a whole.
At this time, the shipyard was actually running on the shipyard, but Rapangamare had an order contract in hand, and a shipload of American steel was arriving in Uruguay. However, the price of steel is rising sharply, which greatly reassures the hearts of the public.
To put it simply, the current situation has only one way for Laplace Bank to fail. And with the collapse of Laplace Bank, the most uncomfortable thing turned out to be the political axe. Fifteen million dollars has already touched thousands of households in Uruguay. You must know that the annual fiscal revenue of Uruguay's political axe is only more than 10 million US dollars, and it is simply unable to fill this hole.
There are many smart people in Uruguay, and they all think of the Li Guang Shipyard, which is currently doing thriving business, and there is only one company in Uruguay that has this ability to take over. But Li Guang hid on the Stone Statue Island and didn't look at it at all, only Yuan Ran was responsible for dealing with it.
Yuan Ran now admires Li Guangna. This kind of skill is much higher than negotiating a contract.
This is a small trend, a medium trend, and a big trend, which has brought Laplace, the richest businessman in Uruguay, to the point of bankruptcy.
Uruguay's political axe is now in a hurry, but the tree wants to be quiet and the wind does not stop, and it is said that the consular charge d'affaires in Uruguay has once again had a shocking case. In addition to the fact that Mori Zhongwu did not die, there were a total of six people in a consulate, and ten died. Yang Weiwu's special squad won the first battle.
How could six people die ten? Naturally, there were people from the non-consulate who died in this murder.
The police have not been able to solve the case, and now the police are staying at the Ministry of Foreign Affairs in Uruguay all day to protest. This time, Li Guang gave Dr. Larry a suggestion. The case was easily settled, and the five outsiders killed five people from the consulate, and both sides ended up in the fight.
The police department gave this conclusion, and they didn't believe it. However, it does not prevent those politicians in the political axe from prevaricating with this conclusion, saying that they have the ability to do things Mori Zhongwu. On the same day, it was said that the minister Mori Zhongwu was angry by this conclusion and vomited blood three times, so he did not die to the Ministry of Foreign Affairs of Uruguay. Dr. Larry has also won praise from the political community for this advice--- he is an honest person and does not lack flexibility.
By 15 September, there had been several violent incidents in the streets, four people had died, six shops had been burned, and for a time there was a lot of noise in Montevideo.
Seeing that Uruguay was about to fall into crisis again, and even the possibility of civil war, Dr. Larry took to the streets and miraculously persuaded the marching crowd with his charisma. Of course, this part of the people took Li Guang's salary.
That night, Dr. Larry was appointed Minister of Civil Affairs by the Uruguayan Axe to handle Laplace's case.
In the midst of the crisis, the court was extremely efficient, and Dr. Larry showed extraordinary charisma and persuaded Li Guang's shipyard general manager, Ms. Yuan Ran, to take over the mess of Laplace Bank. He took on all the debts of the Laplace Bank and, of course, took over the guano business group of Laplace.
Of course, Yuan Ran can't get the money, but it doesn't matter. The marine steel pulled back from the United States by the shipyard is the guarantee. The price of steel and the price of oil are rising, this is the consensus of everyone.
As long as it is a depositor of the bank, it can get a guarantee with steel as a guarantee, which immediately alleviates the panic of depositors. The Uruguayan government persuaded several other banks to provide $1 million in emergency support to Laplace Bank, which had become Li Guang's bag.
No one knows how much money Li Guang made under the stimulus of the outbreak of the world war. But no matter which creditor got the bill of goods for the steel.
Li Guang ordered $10 million in steel and equipment in the United States, and by 15 September the value had soared to $12 million. The total investment in oil futures, which is five or six million US dollars, has now doubled, and the net profit is about eight million US dollars.
And now, that money has been turned into steel and is flowing to Uruguay. The Guano Business Group is now divided into two routes, one pulling steel from the United States and the other continuing from Naurula to pull guano.
Uruguay's economic situation gradually stabilized, and the new bank was dubbed Oolong Bank by Li Guang.
In the vicissitudes of more than a month, Li Guang can be said to have won a great victory. Not only did it own tens of millions of dollars worth of companies and banks, but it also further strengthened its position in the changing situation of Uruguay.
The more direct profit is a full $10 million of various steels. This was Li Guang's greatest economic interest in the context of the outbreak of world war.
As Li Guang's political spokesperson, Dr. Larry was no longer a fringe figure in parliament at this time, but a political force of its own.
In this earth-shaking change, Li Guang actually didn't provide much advice, he just laid a foundation. Everything was done by Yuan Ran, Director Arthur and Rapangama Lie.
When the storm subsided, Rapangama became the general manager of the Oo Long Bank, and Captain Alfred became the general manager of the guano business group. Unknowingly by outsiders, Li Guang was already Uruguay's leading business magnate at this time.
In Uruguay Li Guang occupies three firsts, the first largest bank, the first largest enterprise (guano commercial group), the first largest shipyard. Don't look at Uruguay as a small country, it is not easy to be the first in a small country.
Behind these glories, Li Guang became the sole patron of the political star Dr. Larry. Dr. Larry's political advocacy was for domestic economic reform and the establishment of a modern financial industry. Externally, they tend to join the Allies. The political faction in Uruguay, although still weak, has begun to make its voice heard.
Uruguay has a large number of Spanish and Italian descendants, and even many German descendants, so the previous diplomacy was relatively inclined to the Axis powers.
It is indeed strange that Uruguay is heavily dependent on Europe and the United States economically, but emotionally it is inclined towards the Axis powers.
However, Li Guang believed that as long as these politicians were not fools, they would not be able to turn to the Axis powers.
After this series of events, Li Guang's shipyard was officially renamed Tanglong South American Shipbuilding Company. Whether it's a shipping company, a bank or a guano business group, they now have a common logo – a five-clawed golden dragon. This pattern was used on all of Li Guang's civilian goods.
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