"Mr. Morgan, a few of us feel that his terms are not non-negotiable. But in doing so, can we get some equity or something else, like iron ore, and some railroad as collateral? One banker asked such a question. Morgan knew that this man's small circle was conservative, and now even they felt that most of the bankers were afraid that most of the bankers were tempted by the fact that there was a talk of this deal.

"They should be okay with that." Another banker said, "Anyway, as long as they can keep supplying us according to the contract, it won't affect them." And the output of MacDonald Steel should not be a zài problem. Especially on the premise that Carroll is also trying to reduce the supply of Volkswagen. It's just that we ask them how much collateral is better? ”

"Are you so confident that we can really grab enough share of the automotive industry?" Morgan asked. Seeing that almost all the bankers were full of confidence, Morgan did not feel much encouraged, but had a sense of apprehension for no reason.

"Of course. Mr. Morgan, you think, Carol MacDonald and Dorothea have clearly broken off. You also know that once a family is broken, both sides will hate each other even more than foreign enemies. With cheaper steel and Edison's technical backing, I don't think the deal would be a big deal. It may be impossible to completely defeat Volkswagen in the automotive industry, but there is no problem in forming a stalemate. A banker replied.

"Besides, Mr. Morgan, we can also take GM's stock public, and now the whole society is generally optimistic about its development. I believe that its stock will rise sharply, and when the time comes, we will be able to make a lot of money just by relying on the earnings of the stock. And if something really goes wrong. We can also preemptively sell the stocks in our hands. In this way, we are less at risk. So, I also think that as long as Mr. Carol MacDonald is willing to put up enough collateral, the deal is worth it. Another banker said the same.

"Okay, Scholes. Since even you say so, let's talk about what we should get him to come up with as collateral. Morgan sighed and said. Although he still vaguely felt that something was wrong, he couldn't find any reason to oppose it. So much so that he was a little skeptical that he was a little nervous.

……

Half a month later, General Motors was officially listed on the New York Stock Exchange, with the first phase of $2.5 million raised. On the same day, the newspapers revealed a new deal between McDonald Steel and General Motors, which received a large amount of steel resources very cheaply at the cost of a large sum of money for MacDonald Steel. MacDonald Steel, on the other hand, used a portion of its mines and railroads as collateral for the delivery of steel products. The newspaper also made a comparison of the production costs of GM and Volkswagen after the completion of the deal, and concluded that the costs of the two sides were quite close, and GM's costs were even lower.

"Of course, Volkswagen still has some technical advantages right now. In addition, in terms of branding, it is also more trusted by consumers than 'GM'. But in the long run, its future is not particularly bright. First, the split within the MacDonald consortium has created too much uncertainty. For example, in the Cleveland Snow and Big Snowy Yàn Room, the distribution of power in this institution that can be called a modern miracle, it seems that Dorothea has the upper hand for the time being, but what will be the future will depend on the final judgment of the court. Will the MacDonald consortium still be able to provide so much support to the Dashi Yàn Office in the future, (after the loss of Scrooge MacDonald, at least technically, they will no longer be able to provide that kind of support.) This loss is irreparable. Now the question is, can they still guarantee the needs of the Dashi yàn room in terms of funds? After the inevitable decline in efficiency, there is a question mark over whether the Dashi Yàn room will still be able to support Volkswagen as before. On the other hand, Mr. Edison's real room will also give more and more support to 'General Motors'. So, in the long run, 'General Motors' is even more promising than 'Volkswagen'......"

Encouraged by such a prospect or the money situation, the shares issued by "General Motors" were a great success, and the stock prices continued to rise, and because there was no mechanism for the price limit at that time, the 2 million new shares issued were sold out in just one hour, and its price actually rose by as much as 45 percent in just one trading day.

Relying on the two million dollars raised in the stock market and the large amount of money invested by the Morgan consortium, "General Motors" began to enter the stage of large-scale construction. New factories and new production lines are constantly being launched. At the same time, a new generation of their products is also beginning to hit the market.

……

"Scrooge, our guys have tested GM's cars. Overall, not bad. Although there is still a bit of a gap with ours, it can be said that it is quite attractive considering the price. Carol said to Scrooge.

"Carol, how much money have you received?" Scrooge asked.

"That's $1.8 million. It can be said that the money raised by their listing basically went to me. Carol replied.

"At present, General Motors has built two new factories, expanded the scale of the current plant, and added a new production line. It is expected that the annual production of various vehicles will exceed 20,000 units. The entire investment, we calculated, should not be less than a million dollars. What should we do? Frank asked, too.

"Dorothea, you go and get in touch with the Rothschilds and talk to them about selling the valley oil fields. Of course, negotiations should be negotiated slowly, not realistically. It's enough to let the wind out. At the same time, we have also invested in building new production lines and expanding the scale. And bring the price down a little. Also, how is our new engine being developed? ”

The so-called new engine refers to two things, one is a brand new V6 petrol engine. This machine has surpassed the level of the Ford Model T that has swept the United States in history, and can reliably output 30 horsepower. Scrooge intends to use it as the driving force for Volkswagen's new generation of private cars. As for the overall design of the car, it is basically copying the Volkswagen 1938 version of the Beetle. It's just that for some technical reasons, the current McDonnell Volkswagen can't make a 1.0-liter displacement with a 25-horsepower air-cooled engine. In addition, the strength and quality of the steel used are much worse than those of 1938. Therefore, it is impossible to copy it completely. It can only be that the strength is not enough to make up for the thickness. However, when the thickness increases, the weight of the whole car increases, and then the performance decreases. The historic 1938 Beetle was able to reach a top speed of 62 miles per hour (nearly 100 km/h) with a 25-horsepower engine, and that was because the car weighed only 650 kg. And in this era, McDonald's Volkswagen Beetle is estimated to weigh at least 1.2 tons, so although the engine has more horsepower, the speed is definitely not up to this level. However, if this thing is really done smoothly, it is estimated that it will definitely put a lot of pressure on 'General Motors'.

The second engine is diesel. In Scrooge's plan, it would be used to produce a variety of agricultural machinery, trucks, and small boats. It's just that now Scrooge is in a "coma" and can't directly guide research and development, and the speed of research and development has decreased significantly.

"The new gasoline engine is almost ready, but there are still a lot of problems with the diesel engine." Dorothea replied.

"When will those two new GM plants be ready to go live?" Scrooge asked.

"Judging by the information they have made public, it will be this time next year." Rockefeller said, "Scrooge, I think it should be nice that you suddenly 'woke up' at that time." ”

Scrooge lowered his head and began to calculate maliciously, by that time, Morgan and the funds they should have invested had already been invested, because they were full of expectations for profits and the stock to rise again, and those guys should have a lot of shares in their hands. Then, you might need to pick a Sunday – the day the stock market is closed – to wake up and get Volkswagen out of their Beetle, which sells for no more than $300. I believe that one day is enough time for these two news, and the panic they bring, to spread throughout the market. Then, as soon as the market opens on Monday, the stock price will definitely go down so fast that those guys won't have time to sell it out. By that time, there will really be bankers going to jump off the building.

"Good. Let's do it. Scrooge said. Then he asked, "What about the research on new antibacterial drugs?" ”

In fact, the research on antibiotics has already achieved certain results. Certain molds are capable of secreting something that inhibits or even kills other bacteria, and has been sealed in MacDonald's chamber for a long time. It's just that the related purification work is still quite difficult. However, in the case of a large amount of money, certain results have been achieved, and it is not completely impossible to produce now if needed. It's just that Scrooge doesn't think it's the time for this thing to appear. Because it will affect the sulfonamide business.

"No, you can't wake up for that reason." Dorothea said crisply, "This isn't the time for this thing to appear. This thing should appear at the time of the war in Europe that you predicted. In fact, why don't you just find a time and ask Mr. Maxwell to read the paper for you again? It's not cost-effective to expose this kind of thing for the sake of creating a story. ”