Chapter 62: Morgan is here (three watches!) Ask for recommended collections)

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"Hey・・・・・

What・・・・・

Yes yes yes ・・・・・・"

Robles put down the microphone and looked at Situ Nan with some consternation. (If you like this book, please bookmark biquge.info)

"What's wrong? Who is it? Situ Nan asked. Why did he think that Robles's expression was a little strange, could it be that someone told him that his great aunt was coming?

Situ Nan was very gossipy and unscrupulous.

"You know what? Lamont, the president of J.P. Morgan & Co., called me and said that Morgan had asked me to visit him tomorrow and that he wanted to take you with him. ”

Robles said. He was a little puzzled, the Morgan family had always been powerful and mysterious, they were very proud, and they never disdained to deal with a group of people.

"Who? Morgan? ”

Situ Nan was a little stunned, the word Morgan was too thunderous.

To say that he has also seen Rockefeller, but he is the son of the old Rockefeller, Situ Nan has dealt with the Rockefeller family because of oil when he was in Texas, and he has also dealt with the Mellon family, but there is really no Morgan family.

The population of this family is inversely proportional to the assets of their empire, and it is never ostentatious, burying its head in making money, even if Americans know many people about Rockefeller, but it is difficult to say who knows Morgan, especially when the information media is not developed, the main source of information is newspapers.

As far as Situ Nan knew, the Morgan family was hardly in the newspapers, and their reputation was only circulated among the heads of governments and major capitalists.

Morgan is low-key, and if you ask a farmer in the West, "Do you know Morgan?" ”

He will say to you, "What root is coming from, can you eat it?" ”

"And what about Rockefeller?"

"Isn't Rockefeller the guy with sores on his head and pus on the soles of his feet? Damn, oil prices are up again! What does the NDRC do for food? Rich? Lend me something. ”

"What for?"

"Buy oil and go back and light his sky lantern!"

・・・・・・

"Why did Morgan see you? also named me to bring me, is it during this time, we should say that you and your securities company have been in the limelight too much, and they have been targeted. I had a bad premonition. Situ Nan analyzed.

"Hmm. It's hard to say. But now we don't have to be afraid of that old boy Morgan! Damn, the remaining $2.7 billion debt of the British was swallowed up by this old boy. ”

Robles said unwillingly, Situ Nan looked at him gritting his teeth, and thought to himself that he wouldn't secretly beat the Morgan Paper Man as a villain, right?

"He's very strong, so we have to be careful."

Situ Nan suddenly thought of the word "Hongmen Banquet".

"Forget it, don't think about it if you can't figure it out. Didn't you say that when the soldiers rushed in, they let the generals pass, and when the flood came, they hid in high ground? ”

Robles is relatively calm, confident no matter what happens, which is also one of his strengths.

"It's the soldiers who will block the water and cover the earth!" Situ Nan said angrily.

During his time in New York, Stuart finally met the emperor of Wall Street, John Pierpont Morgan.

It should be called Little Morgan, although he is not young at all, older than Situ Nan, but not long after Lao Morgan died, people have always been accustomed to calling them father and son an old Morgan and a little Morgan.

Both father and son have the same name, which is very common in Westerners, and some even generations have the same name and surname, usually only called by nicknames to show the difference.

Well, it feels weird, if you can't tell the difference, I thought they **!

The ancestors of the Morgan family immigrated to the United States in the early 17th century during the gold rush in the New World, settling in Massachusetts. By the time of John Pierpont Morgan's grandfather, Joseph Morgan, he sold his farm in Massachusetts and settled in Hartford.

John Pierpont Morgan refers to the old Morgan, and a turning point that really made the Morgan family shift the focus of their business to the banking industry was the British banker Peabody, Peabody came to the United States from England, and with a good relationship with British bankers, Peabody borrowed a large number of loans from British banks to American enterprises, and through Guò Peabody, a large number of British tourist resources continued to pour into the United States, injecting fresh vitality into the American industry that was short of funds at that time.

This is also the reason why the Morgan family was once known as the agent of the British banking community in the United States.

Peabody created a huge family business, but unfortunately Peabody had no offspring, so a friend had to hand over his business to his young partner Junior Morgan, the father of Morgan Sr. and the grandfather of Morgan Jr.

This is also providential!

By the time of John Pierpont Morgan, the Morgan family, who had inherited Peabody's business, had already flourished, especially in financial speculation, where John Pierpont Morgan's adventurous spirit and superhuman vision were fully reflected.

In the American Civil War in 1860, the federal government had to issue $4 bonds in order to solve the financial crisis, of which Morgan & Co. subscribed for $200 million.

Without the strong support of the business community, it is difficult to say whether the federal government will win the Civil War.

John Pierpont Morgan received a large distribution fee from the government and became a national hero in the United States. Morgan dug up the first pot of gold. Since then, he has also strutted towards new goals.

The Morgan family does business not only with the U.S. government, but also with European governments. The Franco-Prussian War of 1871 and the Paris Commune Revolution caused political turmoil in France, but they gave John Pont Morgan a rare opportunity.

He got a French government bond business with an issuance amount of 250 million francs or about 50 million US dollars, which was enough to buy more than three pieces of land the size of Louisiana!

(This is an astronomical sum of money, the U.S. government bought the Grand Louisiana from the French government, the entire 2.14 million square kilometers, only $15 million)

In view of the fact that it may be too burdensome for one person to take on such a large sum of money, he came up with a new idea - to form a syndicate, that is, to bring together the large-scale investment and financial companies on Wall Street to form a Treasury bond offtake organization to jointly purchase Treasury bonds.

To put it bluntly, the risk is shared, and the banks on Wall Street assisted in digesting the $50 million French national debt, and of course the largest piece of meat remained in the Morgan family's pot.

This battle demonstrated the adventurous spirit and resourcefulness of John Pierpont Morgan, who founded the "joint offering" model, which established the default practice of Wall Street financial institutions and established the Morgan family as the leader of Wall Street.

John Pierpont Morgan tasted the sweetness of French government bonds, and since then he has been out of control, buying foreign government bonds and establishing the Morgan firm as the main means of profit.

After digesting $50 million in French government bonds, Morgan went on to make a profit on $110 million in Mexican bonds and $75 million in Argentine bonds.

Morgan's business is extraordinary, the British in the Boer War in South Africa, the tenacious Boer guerrillas to the proud Promise Empire to deal a heavy blow, years of war, huge military spending, almost the British government's finances have been dragged down. The British government had to ask Morgan for help through Bell, the representative of the Guò Roschar family in New York.

John Pierpont Morgan was so proud of this that he agreed to subscribe for $15 million in bonds, and then repeatedly subscribed for more than $1.8 billion.

The British, of course, won the Boer War, Morgan's speculation succeeded again, and by the beginning of the twentieth century, the Morgan family had become a creditor all over the world, which is no exaggeration.

J.P. Morgan created a vast empire. The Morgan family includes the Bankers Trust Company, the Guarantee Trust Company, and the First National Bank, with total assets of $3.4 billion. The Morgan Alliance has a total capital of about $4.8 billion and is composed of the National City Bank and the Compact National Bank.

The Morgan League and the Morgan family are collectively known as the Morgan Alliance. In the Morgan Alliance, the Morgan Company is used as the axis to lead the chain of directors, and it is connected with major financial institutions with more than 200,000 yuan below the large financial capital, thus forming a "Morgan System" with a large structure and strict organization.

This financial group accounts for 33% of the nation's financial capital, with a total value of nearly $20 billion! There is also $12.5 billion in insurance assets, accounting for 65% of the U.S. insurance industry.

In terms of production business, 47 directors of Morgan are among the 35 major companies in the U.S., including U.S. Steel, GM, Readnige Copper Company, Texas Gulf Sulfur Company, Continental Oil Company, and GE. Morgan's involvement in the railroad industry is well known. At the same time, it also owns ITT (International Telephone and Telegraph Company), National Cable, Postal Cable, AT&T (American Telephone and Telegraph Company) and so on.

The Morgan Alliance has $51 billion in total assets and major trust companies such as Anakoda Copper, Westinghouse Electric, and United Metal Carbide.

All of the above add up to all the total assets, and after deducting the duplicates, the Morgan system before the Great Panic had a total capital of $74 billion, equivalent to 1/4 of the capital of all companies in the United States. 167 directors walked out of Morgan & Co., controlling the entire Morgan system and carrying out the instructions issued by Morgan on Wall Street.

The myth of John Pierpont Morgan is irreproducible, and even if Situ Nan was given the same conditions, he did not think that he would be able to achieve such a great feat.

Even John D. Rockefeller, the richest man in the world, could not compare his status and influence in American industry and finance with John Pierpont Morgan.

And God is fair, no matter how, eventually return to God's arms, and in 1913 during a trip from Cairo to New York, Wall Street Emperor John Pierpont Morgan passed away.

The empire he left behind was inherited by his only son, Morgan Jr., although Morgan Jr. is not as strong and dictatorial as his old man, but he is not a guy to mess with, and he has the ruthlessness of the Morgan family in his bones!

He once fought a gangster with his bare hands, and was shot twice in the body and survived. A super-rich man fighting an outlaw is like porcelain on a shingle, what an unbelievable person, but it happened.

It's providence, too! The heir of the Morgan family, who has been handed down for several generations, has been shot twice in the upper body and cannot die, and God bless the family in the dark.

Well, this is a family of religious fanaticism, advocating order, in order to break the disorderly competition, the Morgan family in the banking industry, the steel industry, rail transportation and other industries launched mergers and acquisitions, in different industries to build trusts.

If it weren't for the U.S. government's request for the Morgan family, the Sherman Act would have become the first antitrust law to take the Morgan family, not Rockefeller's Mobil.

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