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Stuart and Hoover talked about the Dawes Plan, the Commerce Department's push for more American companies to invest abroad, and Hoover praised Chrysler's investment in overseas auto factories.

All in all, he was a good secretary of commerce. Under his care, Guben Energy not only controls the Australian mining market, but also enters the Latin American market, acquiring copper and nitrate mines in Chile.

"Great job! Guben Energy's achievements are inseparable from the support of the U.S. Department of Commerce. ”

Situ Nan looked at Hoover with a confident face, and he still liked this enterprising official in his heart.

"America is America in the United States. Although we voluntarily withdrew from Europe and did not like to interfere in other things, our determination to open up markets for American companies remained unchanged. ”

Hoover laughed.

Recently, he has done a few beautiful things, and his prestige in the Republican Party has risen rapidly, and entrepreneurs in the automobile, petroleum, and electrical manufacturing industries are very fond of this pragmatic and enterprising secretary of commerce, and a new political star is rising.

"Recently, Guben Energy's investment in Canada has had some troubles, and our local acquisition has received political resistance, which is unreasonable." Situ Nan sighed softly and glanced at Hoover with a frown.

"Canada? I'll take notice. Whoever it is, blocking an open door policy is unreasonable. Hoover assured.

A few decades ago, before the Pacific Railroad was built, the United States and Canada were about the same national strength, and there were even several wars. But now the United States has become a world power. Canada was still in the arms of the British, vulnerable, and Hoover believed that as long as the United States took a tough attitude, it would be impossible for the Canadians to prevent American capital from entering Canada.

However, apart from wood and coal, Hoover didn't know why Guben Energy wanted to enter Canada, and when he said this, he couldn't help but ask about Guben Energy's investment in Canada.

"Yes, our geological expedition team was looking for coal in Western Canada and stumbled upon an oil sands mine. It is likely that there is a lot of oil buried in the ground, so I tried to buy the land as much as possible. ”

Situ Nan explained.

"Oil? Where is it? Hoover was excited when he heard this, how to say that he is also a minority shareholder of the company, if Canada really discovers that there is oil, he will definitely use the influence of the US government to take down the oil field.

Hoover's eager eyes fell into Situ Nan's eyes, and he smiled in his heart, there is nothing in this world more tempting than the oil field, and no one wants to let go of a profitable business.

"In Western Canada. Alberta. The Canadian Pacific Railroad passed through that place, and they opposed the entry of American companies into Canada. "Situ Nandao.

Alberta is well recognizable, bordered by Montana to the south, British Columbia on the Pacific coast to the west, and Saskatchewan to the east.

The Rocky Mountains are to the west and the prairies to the east. The land is fertile, and the grain cultivation and animal husbandry are developed, which is the granary and pasture of Canada.

Millions of beef cattle are produced each year, not only for Canada, but also for export to the United States in large quantities. Most of the beef imported by the United States from Canada comes from the Alberta region, so without Situ Nan's introduction, Hoover, as the secretary of commerce, immediately found the information about the Alberta region in his mind.

"Is there really oil?" He looked at Situ Nan solemnly.

"You shouldn't be wrong. You know, most of the oil fields in the U.S. are dug from coal or wells, and I believe in the report of Guben Energy. ”

Situ Nan affirmed.

Fortunately, Canadians are not aware of the news, and Guben Energy's exploration and excavation is oil sands rather than oil self-spraying. Otherwise, the news will not be hidden.

"Alright! Leave this to me! I'll deal with Canadian rail. Hoover made up his mind.

Situ Nan nodded with satisfaction, the Canadian Railway Corporation is a behemoth, basically the second government of Canada. The Americans went too far in building the Pacific Railroad and handed over 5 kilometers of land on both sides of the railway to the railroad company, while the Canadian Pacific Railroad Company went even further, controlling much more land along the railway line than the American Railroad.

Situ Nan can imagine that the Canadian Pacific Railway Company will definitely not let it go lightly, without the government's backing. Guben Energy will not buy oil mines in the Alberta area lightly.

Hoover promised to be happy if he knew that the Alberta region had 170 billion barrels of oil reserves (second only to Saudi Arabia, the world's largest oil producer!). He promised to be more resolute.

It's a pity that even if he knew that there were huge oil resources there, Situ Nan would not exploit the local oil resources lightly in the short term.

Due to technical constraints, the cost of extracting oil from the oil sands is too high, and with the current low oil prices, the benefits of developing Alberta's oil mines outweigh the costs.

There was no need for Stuart to tell Hoover about this, he knew in his heart that Alberta's oil resources would be stored in his own oil empire as an oil reserve.

Over the next decade or so, Situ Nandu continued to expand its land holdings in Alberta under the name of Guben Energy and California Agriculture, replacing the railroad as Alberta's second largest landowner. Of course, the biggest one is the local government.

For Hoover, the best reason for this is that the United States needs Canadian beef, and it is normal to invest in livestock in Alberta.

Time was limited, and Hoover rushed back to Washington without talking to Stuart Nan in detail. Before leaving, he also recommended that Szeto invest in Tennessee's energy market.

Tennessee is located in the southern part of the United States, compared to Texas, Tennessee and several nearby southern agricultural states with rich oil resources, the economy is backward, and in the United States, where the per capita annual income is more than $600, the per capita annual income of Tennessee is only $180!

It can be seen that it is backward. But the southern states where the Tennessee River flows are rich in hydropower, and private utilities have built hydropower plants on the Tennessee River. Hydropower plants in the Tennessee Valley account for half of the 30 percent of U.S. electricity generation. It can be said that the Tennessee River Basin in the United States is the energy center of the United States.

Situ Nan has always had a strong interest in the power market, and the vast majority of the power resources in the United States are controlled by more than 2,000 private companies, and investing in Tennessee hydropower is indeed a good project.

"My friend, have you ever heard a joke?" Situ Nan looked at Hoover's broad forehead and suddenly smiled.

"What?"

"People say that Hoover is the Secretary of Commerce and the rest of the Cabinet!"

Hoover was stunned for a moment, and then suddenly realized that Situ Nan teased him for being too lenient. Hoover often interfered in other areas, and in a Republican administration that pursued a mini-management, the Commerce Department was undoubtedly a strong department in the cabinet.

"The Tennessee River Basin really needs to be well managed, it's so poor, and the best way to go is electricity." Hoover sighed. looked at Situ Nan with some expectation.

Situ Nan nodded, don't look at the power stations on the banks of the Tennessee River, but there are very few ordinary people who can really use electricity, and the power company is reluctant to invest money to erect power lines in the countryside.

Coolidge's swearing-in in his hometown in the countryside with an oil lamp and candle is a case in point.

Situ Nan wouldn't be stupid enough to spend money to send electricity to the countryside, but he was still willing to consider investing in the Tennessee River electricity market. Hoover was pleased with this result.

If this matter is feasible, with Situ Nan's character, he will definitely not make a small fuss. After the power station is built, high-energy-consuming companies such as Giant Company and Alcoa will also be stationed in Tennessee as supporting projects to promote local economic development.

In other words, the Department of Commerce is really lenient, and Hoover himself is also very busy, attending the Chrysler Corporation's celebration, and then holding an industry conference on automobile manufacturing specifications. Until Situ Nan left the United States, he did not see this "warm-hearted" friend again.

"When it comes to investing in Canada, you have to follow up and work closely with Guben Energy, and preferably other companies to buy land in Alberta."

Situ Nan instructed He Yongyuan. After Hoover left, he drank quite a bit more.

He Yongyuan nodded in agreement. He added: "Canada has rich forestry resources, and I am more optimistic about the paper industry. ”

"Hmm. Good eye. Situ Nan praised.

It is also a good thing that He Yongyuan wants to invest in Canadian forestry, and Situ Nan will not stop him. In recent years, He Yongyuan has followed Situ Nan, and the He family in Hong Kong has become a hot family in Hong Kong, with their businesses in China, South China, and the British and French colonies in Southeast Asia. He Yongyuan himself has invested a lot in the United States, and he can basically be regarded as an international Chinese family.

The U.S. press and publishing industry is well developed, as the world's largest paper market, is developing rapidly, and investing in the paper industry in Canada has increasingly become a new choice for U.S. paper companies.

"Canada is vast and sparsely populated, rich in resources, and it is best to dig up all its resources!" Situ Nandao poked his cigar into the ashtray.

For Canada. He hated and loved it, and it was certain that foreign investment would greatly promote Canada's economic development and create jobs for Canadians who were clamoring for exclusion of Chinese.

As Hoover expected, Stuart told Richard about his construction, the Mellon family was interested, and Cummins Electric and Giant agreed to invest in the Tennessee hydropower project.

Pacific Watt Power Company and Guben Energy Company, which are controlled by the energy division of Cummins Electric, jointly invested $10.24 million to establish Tennessee Power Company to acquire and build hydropower stations in the Tennessee Basin, with a total designed installed capacity of 3 million kilowatt hours.

Alcoa and Giant also got involved and set up a branch in Memphis. The rapid development of the construction industry and the automobile industry requires more and more aluminum products, and giants like Alcoa will naturally not let go of the abundant power resources of the Tennessee River, and the giant company also needs cheap electricity to produce nitrate (synthetic ammonia) and provide fertilizers for the southern agricultural states of the United States.

In order to alleviate the financial pressure, Situ Nan called Robles: "Put the money from Wall Street into Tennessee to build a power station, and ensure that the investment will not depreciate." ”

Robles provided financial services for this purpose, and the credibility of the two companies, Pacific Tile Power and Guben Energy, was reliable, and the funds raised from Wall Street financial institutions were relatively smooth, and the first issue of $3 million in corporate bonds was subscribed within half a year, effectively ensuring that the project was carried out as scheduled. This is not to be mentioned later.

It was Roosevelt's New Deal a decade later that really changed the Tennessee Valley hydropower market, and it was at that time that the famous Tennessee Valley Authority was founded. It's a bit early to tell, though.

Back in New York, Stuart and Robles talked about Tennessee hydropower, and Robles seemed to be more enthusiastic about Tennessee's cotton futures market. A few years later, Robles Securities succeeded in Chicago's grain futures market, controlling the U.S. 4% wheat futures market.

"You're looking at the cotton of the Midsouth again?" Situ Nan frowned and looked at Robles with some concern. Agricultural machinery, fertilizers, and pesticides boost U.S. agriculture, but overall, U.S. agriculture will be sluggish for the next decade or so.

"Don't worry! We are predators, we are the only ones who eat others, how can anyone eat us. Our speculation was successful, wasn't it? ”

Robles smiled confidently. When it comes to investment, no one knows Situ Nan's madness better than him.

"Okay!"

Situ Nan felt that his worries were unnecessary, and Robles was right, whether in terms of capital or talent reserves, Robles Securities would not lose to any financial company.

"U.S. cotton is still relatively easy to export, and textile mills in South China and China need a lot of cotton, so you might as well consider it." Situ Nan reminded.

"And the USSR!" Robles smiled knowingly.

In terms of financial investment, Robles has a wealth of experience, and since he has a plan, Situ Nan is also relieved and lets the other party toss.

It is very convenient to do business in the United States, and there is almost no government regulation except for taxes, so within a few days, Robles & Co. was established in Memphis.

Within two years, Robles had become one of the major financial companies in the local cotton futures market.

When they returned to New York, the basketball players of the Chinese United team went to Europe to meet the South China delegation in advance under the arrangement of the South China consulate.

After spending two days in the Hudson River and visiting Kuzdova's mother and daughter, Stuart went to Washington to join Laura. Time flew by, and when the Wilhelm was carrying the Situ family to France, it was already April 26, and she almost missed the wonderful opening ceremony of the Olympic Games...... Flipping through the international edition of the New York Times, a familiar figure broke into his sight in the newspaper, it was a delicate and young face, his eyes were confident and determined, his name was Adolf? Hitler!

After the failed riots in the Munich beer hall, he was arrested and imprisoned. In court, his impassioned speech won a lot of applause, and the final result was a five-year prison sentence.

"It turned out to be this guy!" Situ Nan smiled and shook his head, feeling that the world is so small, since he got into a relationship with industrial giants such as Krupp and BASF, Situ Nan no longer needs to tie up a mustache, but he didn't expect to see this news in the newspaper. (To be continued) RQ

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