417 Scramble and Compromise
"What? Are you going to build skyscrapers? Situ Nan looked at Walter with a surprised expression. Chrysler, when he was competing with the oil giants, Chrysler jumped out to cause trouble for himself.
"I've been preparing this plan for many years, and Chrysler Motor Company has developed to this day, and the competition with Ford Motor and General Motors can no longer be limited to the field of automobile manufacturing, if the Chrysler Building stands in Manhattan and shows our existence to the world in the center of the world, this is a good advertisement, isn't it?"
Walter. Chrysler said to Szeto South with a wistful look that if a skyscraper could be built in New York, there would be no doubt that the Chrysler automobile empire would be the king of the American auto industry.
"That's an astronomical sum!" Situ Nan was noncommittal, reminding him that building a skyscraper was not a trivial matter, and that there was too much money involved, so as not to affect the normal operation of the car company.
"I know!"
Chrysler nodded, his face was a little more solemn, "My plan is like this, the total budget is about 50 million US dollars, and the automobile company can come up with 10 million US dollars, which is enough to pull the project up, and the remaining funding gap, in addition to bank loans, I hope to get the support of cooperative enterprises, everyone participates together, and partners to build this building."
Chrysler Motor Company does not impose a mandatory requirement on the shares of the building, but it must have the naming rights of the building. ”
"So Cummins Electric, Chevron Oil, Giant, and Robles Securities have all become the targets of your lobbying?" Situ Nan asked with a smile.
"After all, they need to buy an office building in New York, don't they?"
Chrysler said, "Except for these big companies. I'm also going to choose a department store and a hotel to work with. Quite a few people are interested in this opportunity. I think the tenants were mostly settled before the building was built. ”
Situ Nan glanced at Chrysler, saw his confident look, and knew in his heart that this guy was determined to do this. Chrysler Motor Company has been in good shape in recent years, and it has a lot of money in its hands, which gives him the confidence of humanity.
Although it did not hold hundreds of billions of dollars in cash like Microsoft and Apple a hundred years later, the twenties were the most prosperous era of the automobile industry, and Chrysler Motor Company had a lot of money in its hands. The situation is similar.
That's true for Chrysler, and it's true for GM.
Otherwise, after the Chrysler Building was built, General Motors followed up with the Empire State Building.
If there is no vindictive element in this, no one will believe it.
In contrast, it is still Ford Motor Company that is low-key and pragmatic.
This is also why Chrysler and GM went bankrupt later, and Ford Motor Company was still alive and well, not waiting or relying on it, and surviving crises on its own.
Stuart Nan had no intention of commenting on Walter. Chrysler's plan is not bad, he only asked: "Can you guarantee that it will not affect the development of the automobile company?" ”
Chrysler nodded.
I was sure that he had just said that Chrysler Motors could come up with $10 million. In fact, he has reservations, and the car company can come up with more money to build the building. If you are ruthless and mortgage the company to the bank, you don't have to cooperate with other companies at all, and Chrysler Automobile Company will have the ability to build the building itself.
Of course, the premise is that he wants to persuade Situ Nan that such a major event must be agreed with the major shareholders no matter what. “”
"Build the building better! Don't be too stingy! "Situ Nandao.
Walter. Chrysler left satisfied, enthusiastically implementing his dream of a skyscraper, he didn't know what the image of the Chrysler Building in Situ Nan's mind was already in his mind, higher than the Chrysler Building, and the Empire State Building pressed against the Chrysler Building, and Situ Nan also knew what it looked like.
He didn't say anything, let Chrysler toss, and didn't interfere in the design of the building, in fact, Situ Nan liked the Chrysler Building, thinking it was better looking and more artistic than the Empire State Building.
Chrysler approached Situ Nan not only to let Situ Nan nod the project, but also to find other companies in the name of Situ Nan for the purpose of "making friends".
Chevron Oil, which is currently in the limelight, is his target. Brown also approved of Chrysler's plan and readily agreed to Chevron Oil's participation.
"Doesn't the use of funds to build buildings affect the development of Chevron Oil Company?" Situ Nan picked up Hantec. Brown asked him.
"No, it won't! As one of the shareholders of the skyscraper, the Americans will recognize the strength of Chevron Oil Company even more! "Handar. Brown Road.
Situ Nan still underestimated the enthusiasm of Americans for skyscrapers in this era, and large companies like to build skyscrapers to show their strength, like advertising, the more they brag, the more people believe.
In fact, from a practical and economic point of view, it is enough to build a building with forty or fifty floors, and it is not necessary to build it any higher, because the construction cost is too high, and the second is that there are not so many users. After the Chrysler Building is completed, half of the floor will be rented out!
"How's the negotiation with Shell?" Situ Nan suppressed his thoughts and turned his attention to the oil company.
"Shell is very interested in the entry into the Middle East, and they only need a tenth of the share of Iraq's No. 1 oil field, which is not too much, and I agreed.
At the same time, I also contacted Richard. Mellon, Gulf Oil doesn't intend to go against us either. ”
Hantec. Brown Dow: The negotiations on Iraq's No. 1 oil field are very complicated, and the most difficult issue is not the ownership of the No. 1 oil field, but the joint venture between several oil companies in Iraq and the unified development of Iraq's oil in the name of the joint venture company.
The first oil field to be discovered was planned to be merged into the Iraqi Oil Company, and Situ Nan and Chevron Oil Company had little appetite and only demanded a 30 percent share of the Iraqi Oil Company, after all, they owned the first oil field.
But in the eyes of BP and Mobil, Chevron exchanged a single oil field for 30% of the oil share of the entire Iraq region, which is a lion's big mouth, and what about Gulf oil and Shell oil left? And the French, they also want a copy.
How is this enough?
"The potential of the No. 1 oil field is unlimited, to be honest. It was merged into the Iraqi Oil Company and held a small stake. I think it's a loss. But there is no way, we will not be able to develop oil fields without compromising with the British. ”
Situ Nan said depressedly, thinking for a while, at present, except for the No. 1 oil field, the joint team has not found an oil field in Iraq, and Situ Nan knows that there is a lot of oil under the No. 1 oil field, because that place is in Kirkuk. It is part of the famous Kirkuk oil field.
In the eyes of BP and Mobil, the loss of 30% of the shares of the Iraqi Oil Company at once will not make the Chevron Oil Company bigger in the Iraqi Oil Company?
You know, the relationship between Gulf Oil and Chevron is ambiguous? Combined, the two of them are almost half of the equity, which is too dangerous!
In particular, BP oil companies are the most vehemently opposed, and they have always considered themselves the owners of Iraqi oil companies, just as they are in Iran, although the Americans and the French have some interests in Iranian oil. But most of it was still in the hands of the British.
"Well, since the two sides have too much difference in the valuation of the No. 1 oil field. There is no requirement to merge Field No. 1 into the Iraqi Oil Company, nor do we ask for too much of a stake in the Iraqi Oil Company. ”
South Szeto Road.
"The Iraqi oil companies are in charge of all the oil resources in Iraq, and they can make the No. 1 field a special case?" Hantec. Brown asked.
"The British just want oil resources, and it's a big deal to sell all the oil produced by the No. 1 oil field to the Iraqi Oil Company, provided that the price is right, so that although the No. 1 oil field is independent of the Iraqi Oil Company, it is actually a part of the Iraqi Oil Company."
South Szeto Road.
In doing so, it's a bit of a loss.
Hantec. Brown nodded, since Situ Nan said so, he was going to bite the price to death, and he couldn't be cheap with those guys.
I believe that this distribution can also make BP and Mobil accept it.
Speaking of which, Chevron Oil Company is also a beneficiary, because the owner of the No. 1 oil field is Duncan & Co. and the William Foundation behind it, not Chevron Oil Company, but Chevron Oil Company is the entrusted operator of the No. 1 oil field, and the two are one.
If anything, the difference is that the Chevron Oil Company is designed to make a profit, while the money earned by the William Foundation is used for charity.
Hantec. Brown had no intention of criticizing Situ Nan's "generosity", and after getting angry with Situ Nan, he replied to BP and Mobil, and the two sides started a new round of negotiations.
This negotiation is not only between Chevron Oil, BP and Mobil, but also between the United States and Britain on the interests of Middle East oil.
"John, what do you think of Chevron's proposal?"
Exxon Oil Corporation's Chairman Walter Brown. As soon as they met, Teagar asked the chairman of BP Oil, John Brown. Cadman.
Chevron Oil Company did not want to fight for control of the Iraqi Oil Company and was focused on keeping the No. 1 oil field, and the proposal for Chevron Oil Company to sell crude oil to Iraqi Oil Company was very much in line with Exxon's wishes.
On the surface, Mobil Oil Company rushed to the front, competing for Middle East oil, but in fact, not all the crude oil obtained by Mobil Oil Company was sent to Exxon's refinery? The two of them are in a gang.
"Chevron is a bit self-aware, and I welcome their pragmatic approach." John. Cadman does not hide his thoughts, the biggest enemy of BP oil company was Chevron, and now Chevron does not compete for the equity of Iraqi oil company, so Mobil or Exxon has become BP oil's biggest competitor.
In particular, Chevron is willing to sell crude oil produced by the No. 1 field to Iraqi Oil Company, and the alliance between BP and Mobil (or Exxon) is a bit of a rivalry in order to compete for the output of the No. 1 field.
It's no secret how strong Exxon's thirst for crude oil is, unlike Chevron and Occidental Petroleum, which produce enough crude oil to meet the needs of their own refineries and don't have to buy crude oil.
Similarly, BP stands behind the Royal Navy, which is eager to secure its own arma with plenty of crude oil.
Walter. Teagar and John. Cadman had an unpleasant conversation, and they had a bittersweet relationship with each other.
Walter. Teagarh arrives at the Rockefeller estate and reports the situation to the Rockefellers and their sons.
"It's Chevron again! Hell, they're so lucky! Rockefeller Jr. was jealous, and he appreciated Situ Nan's efforts to allocate part of the proceeds from the No. 1 oil field to the William Foundation.
"Cunning boy, when he retreats, he is invincible, BP Oil Company will fight with us, and we have to fight."
Old Rockefeller smiled, and he could see Situ Nan's thoughts at a glance.
As Rockefeller Jr. said, he also envied Situ Nan's luck.
Chevron has ventured successfully in Libya and Iraq, and in addition to luck, it can only be said that others can take risks more than themselves!
The successful experience of Rockefeller has never been to take risks to extract oil, but to rely on capital and technological advantages to swallow up countless small and medium-sized oil companies and enjoy their success.
"Chevron won't be willing to sell crude oil cheaply, and this gives us a chance."
The old Rockefeller squinted and smiled, looking at Walter. Teagar glanced at him, saw that he understood what he meant, and sighed again, "You said that if we hadn't generously bought all their crude oil over the years, would Chevron Oil and Occidental Petroleum have developed to the point where they are today?"
But if we buy their crude oil and make a lot of money, it's good for us. ”
Old Rockefeller seemed to be talking to himself, and without waiting for the two to answer, he decided: "Chevron is our ally when it comes to entering the Middle East, and you can make good use of this." ”
Leaving the Rockefeller estate, Walter. Teagar already knows what to do!
He immediately called Handar. Brown, and Handar. Brown had a full exchange of views, and Chevron supported the Rockefeller family's bid for a stake in Iraq's oil company, and was willing to sell the excess production capacity to Exxon, provided that the Rockefeller family supported Chevron's development outside Iraq.
"This time we gave in too much! It's a pity! "Handar. Brown came to the manor on the Hudson River and found Situ Nan, who was playing a father-daughter love scene with Sharapova, and was unwilling.
"It's a little, but it's worth it. After all, we already have Libya and the No. 1 oil field, don't we? If we ask too much, we guess they will all join forces against us! ”
Situ Nan comforted him.
Before the Iraqi Oil Company was established, several major giants were intriguing with each other and secretly playing many conspiracies.
In Andrew. At Mellon's instigation, the U.S. Atlantic Fleet will visit Europe, and Italy is an important stop.
Similarly, the British Royal Navy was on the move, and the Home Fleet sent fleets to the Mediterranean and the Mediterranean Fleet for joint training.
In a few days, the day will be when the giants will gather at the Rockefeller estate to divide up Iraq's oil.
"Instead of fighting with those guys for a few bones, it's better to jump out of it and look at the wider Middle East." Situ Nan's face was indifferent.
Hantec. Brown looked at Situ Nan's confident appearance and wanted to persuade Situ Nan not to give up oil in Iraq easily, but in the end he didn't say anything.
In 1927, when Christmas was approaching, Chevron, BP, Shell, Exxon, Mobil, Gulf, and Dadal of France, who had arrived in a hurry, reached an agreement at the Rockefeller estate to jointly establish the Iraqi Oil Company to collectively develop the oil resources in Iraq. (To be continued.) )