President Kruger's so-called last diplomatic effort was to present an ultimatum to the British government, demanding that the British government halt the increase of troops in the Cape colony and withdraw immediately the troops that had already arrived. Of course, even President Kruger himself understood that it was impossible for the British to agree to such a request. If a semi-independent country like the Transvaal shouts that the British Empire will retreat, how will the British Empire mix up in the future? Do you want to go out and rob happily?

So Kruger's ultimatum served only one purpose, and that was to put the Cape colony on alert for war. To be honest, in the history of the world, it is not easy to find a country that is more hated than Britain. However, the congenitally deficient British Empire has stood in the world for more than 100 years, making one European power after another a mess, and turning one kind of indigenous peoples into rare animals on the verge of extinction. For example, now, although the strength of the Boers is not too much attention, the defense that should be done by the British has still been done.

In the absence of a reply from the British, after the time of the ultimatum had passed, the Transvaal Republic officially declared war on the British, and at the same time, the Boer army, which had long been prepared, began an active offensive against the British's Cape colony......

……

The Transvaal's declaration of war on Great Britain immediately caused volatility in the precious metals market. At that time, South Africa's gold mines were already the largest direct gold producers. After the outbreak of war, everyone could have expected that the British Navy would definitely blockade the sea routes of the Transvaal Republic. And the Transvaal Republic will certainly control the gold mines of British capital in the territory, so the supply of gold in the world will be greatly reduced, at least until the end of the war. And this expectation will inevitably lead to a decline in the price of other precious metals, mainly silver, relative to gold.

In this era, gold is still the most basic currency of every country. Gold has a much greater impact than sugar. Therefore, the change of gold can cause a series of market fluctuations, and this fluctuation is a good opportunity for those who are prepared to make money. The entire futures market, no matter what the object of the transaction is, what is the currency they use for settlement, in this era, the final settlement currency is gold, because whether it is the pound sterling or the mark, the US dollar, the franc or something, in the end their value is directly linked to gold, can be directly converted into gold. The decline in the total supply of gold will inevitably lead to a decline in the price of zhì futures. In this process, through the game in the futures market, those well-informed financial predators naturally made a lot of money. And the MacDonald consortium, which single-handedly contributed to this qiē, is naturally the most prepared for this situation. As a result, Dorothea took it upon herself to earn as much as $35 million in income from the futures market, including the London market. All of a sudden, the money that her son had earned through guò sugar turned into a small amount of money.

Morgan naturally will not let go of such an opportunity, he is just as fast as his hands and feet, and it is said that he has made a lot of money. Of course, how much money you make is a trade secret. But Mr. Morgan does not seem to be satisfied, for the gang of Jews is said to be just as quick and make more money than he does......

……

At a time when this form of money was in full swing, Morgan and Scrooge got together again to discuss how to take this opportunity to make a real big deal -- the formal establishment of the Federal Reserve Bank of the United States.

This time there were more people present, and among those who were present at the first secret meeting, except for William McKinley, who had become president of the United States of America and was too conspicuous, all the others arrived, and several new members also joined in. The most important of the new entrants were Rockefeller and his brother. During the first meeting, Rockefeller had been on a long trip to inspect a major oil refinery on the West Coast and missed the meeting. This made him a little annoyed, and if it weren't for Scrooge's frequent telegram contact with him before the meeting to discuss relevant contents, he would probably have wondered if Scrooge had deliberately excluded him from this core circle of interests. Just before the meeting began, Rockefeller and Scrooge made another deal in which he traded another stake in Standard Oil for a stake in MacDonald Ventures. Of course, this exchange did not change the position of the two parties in these companies, and Scrooge still retains absolute control of McDonald Ventures, and although Standard Oil's majority shareholder appears to be Rockefeller on the surface, considering the McDonald's consortium's control over the upstream oil fields and the downstream automobile and ship power plants, the company is actually under the control of the McDonald consortium. Of course, such an exchange is not without meaning, at least Rockefeller now has a say in the future Fed.

"Everyone should have made a lot of money lately." At the beginning of the meeting, Scrooge said to everyone with a smile, "Whether it is the fluctuation of sucrose or the fluctuation of gold, everyone should have made a lot of money." However, compared to what we're going to do now, it's a small amount of money. ”

"Now, the two wars are enough to attract attention, Scrooge, can we already push for legislation?" Morgan asked.

"That's pretty much, but preferably, there is still a process for the government to directly ask for it. Mr. Morgan, you know, the equipment and training of the U.S. Army have long been out of step with the times, especially in terms of offensive capabilities, which are very flawed. I dare say that the New York State Militia can fight all three of them against the Union Army. So, it's better to wait until our army is thwarted again, and then a lot of suppressive weapons are needed......"

"That's when the government needs to lend money to us. However, the private banks could not give that much money (deliberately, of course), and the coordination between the various banks was made particularly cumbersome by the cumbersome procedures of the private banks, so that the children could at least have a covered Christmas in the San Diego Military Harbor, in order to reduce their unnecessary casualties. Congress needs to do everything in its power to pass the bill. Morgan replied with a smile, "Now the question is how to make the Union army lose again...... R1058