Chapter Seventy-Three: First Sight of Andrew : Mellon

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Situ Nan didn't bother to pay attention to the bullshit of Robles and the Mellon family, Pittsburgh was just one of the stops in the formation of his book, and this time it was just a stopover. (If you like this book, please bookmark biquge.info)

At the same time, it is also an opportunity to show goodwill to the Mellon family, which has deep influence in business and politics, and the Andrew Stuart in Robles's mouth should be Andrew Mellon, the best leader in the history of the Mellon family, if he is right.

It was this Andrew Mellon who established the Merlon's status in the United States. For 12 years, from 1921 to 1932, he was in charge of finances under Presidents Harding, Coolidge, and Hoover, and Americans jokingly called "the three presidents worked for Mellon." This is the only situation in the history of the United States that has never happened again.

Although this Andrew Mellon has not yet become the Minister of Finance, since the success of the first political speculation, this Uncle Andrew has become obsessed with politics. You must know that there is a sentence in his motto: "Silence and often associate with government dignitaries, and you will get the most benefits." "

This is another prosperous family in American history, and the Mellon family has a long history and started out in finance.

The founder, T. Mellon, founded Thomas Mellon & Sons in 1869 and grew rapidly.

In 1902, it was renamed Mellon National Bank, which was the financial pillar on which the Mellon consortium was built. It took this as a reading, gradually integrated with industrial capital, and a consortium was gradually formed.

In addition to Mellon National Bank, the financial institutions controlled by the Mellon consortium include the National Bank of Pittsburgh and General Reinsurance Company. For a long time, the Mellon consortium controlled the banking and industrial capital of the Pittsburgh area through these financial institutions.

Among the industrial and mining enterprises controlled by the Mellon consortium, the oldest is Alcoa. Its predecessor was the Pittsburgh Smelting Company, which was owned by Mellon & Sons in 1890.

Alcoa has had a monopoly on U.S. aluminum production since 1910 and is one of the industrial pillars of the Mellon consortium. Another important industrial pillar is Gulf Oil.

In Texas, the Mellon-controlled Gulf Oil and Situ Nan's Occidental Petroleum have maintained a relatively friendly cooperative relationship, and the two sides have maintained a tacit understanding in uniting local oil merchants to resist Standard Oil entering Texas.

In this way, Situ Nan and the Mellon family are not strangers, but the affairs of Western Petroleum have always been in charge of Hantec, and Situ Nan, the behind-the-scenes boss, rarely points fingers unless necessary, so he rarely has contact with the Mellon family, and the only one who has a relationship is the second generation of the Mellon family

Richard Mellon. Of course Robles doesn't count.

Stuart South has also met this Richard Mellon tonight.

When the car stopped, it was this Richard who greeted Robles and Stuart.

"Happy Christmas Eve! Long time no see, Robles. Richard said to Robles.

Robles, however, was not very enthusiastic, and only replied formulaically.

However, Richard was not annoyed at all, shrugged his shoulders, and continued to smile and said to Situ Nan: "Mr. William, we meet again. Happy Christmas Eve. ”

"You too, Richard. Just call me Stoney. Situ Nan and Richard hugged each other slightly.

"Your house is beautiful

Yes! What a master of the Pittsburgh area! Situ Nan looked at the mansion of the Mellon family, who was dressed like a palace, and exclaimed.

"Haha! Thank you! Richard was delighted to hear this. In Pittsburgh, there is no family that is as awesome as the Mellon family, and it is almost the same in the United States, so Richard's admiration for Stuart Nan is naturally accepted, which is the pride of their Mellon family.

"Let's go! Unfortunately, we had dinner half an hour ago, so if you could have come earlier, you could have had dinner with us. ”

Richard said with some regret.

Situ Nan looked at his watch, it was almost nine o'clock, and in the afternoon, he and Robles had already had dinner on the ship, so they didn't feel hungry.

Robles hadn't been back for several years, a little homesick, looking around from time to time, walking a little slowly, but with a straight face, his expression a little stiff, only the occasional flash of his eyes revealed the excitement in his heart.

Richard didn't rush, and patiently introduced some information about Situ Nan's family as he walked.

Compared to the neglect that Robles received since childhood, Richard's status in the Mellon family is much higher.

As the leader of the second generation of the Mellon family, and the only second-generation child who has the heart to do business, a lot of the family's business is now handed over to Richard to take care of.

Richard didn't have any ill feelings towards Robles, and they were cousins. Richard's father Webb and Robles's mother Chrissy, as well as the current family Andrew are siblings, in addition to the elder Thomas also left three other children, but except for Andrew's more fair treatment of Robles's mother and son, the other elders of the family do not like them.

Richard is not as mean as his father, he is fair, a bit like the family Andrew, which is one of the reasons why Andrew is willing to give more business to Richard and he himself goes into politics.

Richard is one of the very few people in the family who has no ill feelings towards Robles, but he is a small character and can't say anything in this regard, so he can only sympathize with Robles's mother and son.

The Mellon family has been in Pittsburgh for a long time, so the population of the family is relatively large, and aside from those side lines, there are now almost twenty direct members of the family, all of whom are descendants of the old Thomas lineage.

When Situ Nan and Robles entered, they saw many people gathered in the spacious living room.

Some people were surprised by the two strange men that Richard brought in, and they all looked at Situ Nan and them curiously.

Situ Nan looked at them with a smile on his face, and saw some aristocrat-like pride in their scrutinizing eyes. Some people seemed to recognize Robles, with some surprise on their faces.

Robles's face was still stinky, no, it should be said that there was no expression, as if he was not seeing a group of people but a handful of air.

Richard walked over to a diminutive old man in the middle of his position and said respectfully, "Andrew, they're here." ”

"Haha. Robles, you're finally back. Andrew quickly stood up and walked over and hugged Robles.

Well, the young man who was young at the beginning has now grown up and become a mature and stable man.

Andrew thought with some relief, he had been paying attention to Chrissy's only son all these years, but he didn't expect Robles's achievements to far exceed Andrew's expectations.

Andrew gave Robles a powerful tap on the shoulder and turned his head to Stuart.

"Hello! I'm Andrew Mellon! Andrew took the initiative to shake hands with Situ Nan, don't look at his height only to Situ Nan's chin, but his hand strength is not small, and there is a kind of momentum between his eyebrows.

"Hello, Mr. Mellon! I'm Stoney William. I've always admired your old demeanor, this is a small gift, I hope you like it. ”

Situ Nan handed one of the paintings he had brought with him to Andrew Mellon.

Andrew Mellon, an elder-by-man, is an avid art collector who travels to Europe almost every year, bringing back a lot of art each time.

He collected numerous collections throughout his life, and after his death donated his collection to the National Gallery of Art, many of which came from Andrew Mellon's collection.

Before he came, Situ Nan had already worked hard to find a nice painting in New York for Andrew Mellon to give as a gift. But it doesn't seem to be a very famous painter, those few very good painters

Situ Nan was reluctant to send it away.

"Thank you. I love this gift so much. Andrew Mellon said happily, speaking with a little more enthusiasm.

"I've heard a lot about you, and it's clear that your investment has been a huge success, and it's really terrifying!" Andrew Mellon praised, thinking that it would be nice if his son had half Situ Nan.

"Thank you. I'm glad to be praised by Mr. Mellon, but this success is enough to make the younger generation proud in front of an investment guru like Mr. Mellon, and I still have a lot to learn from you?

In particular, your investment in Alcoa is a stroke of genius that our future generations will talk about! Situ Nan said with a sincere compliment.

These words obviously tickled Andrew's heart, and Alcoa was the proudest investment in his life. Alcoa is also a beautiful piece in the history of the Mellon family's investment.

In 1889, several distressed young men approached Andrew, showed him a piece of silver-waxed metal, and hoped that he would offer an investment. That piece of metal is aluminum.

The young chemist Charles Martin Hall and his partners developed a method for refining aluminum, believing that the metal, with its many excellent properties, would become the star of the future, but they were unable to find investment. Before meeting Andrew, they lobbied many entrepreneurs, but none of them were successful.

After listening to their words, Andrew pondered for a moment and decisively decided to help them pay off their debts and fund the establishment of the Pittsburgh Electrolytic Aluminum Company at the cost of 60% of the shares.

Once again, Andrew's vision was proven. It took only two years for the company to take control of aluminum production in North America. In 1907, the Pittsburgh Electrolytic Aluminum Company changed its name to Alcoa, and its stock was valued at $150 million.

Now Alcoa's stock value has been more than ten times that of ten years ago, and now aluminum is more and more widely used in industry, aircraft, automobiles, machinery manufacturing, ships, construction and other fields are in large demand for aluminum, and Alcoa's products have been in short supply.

Production bases have also been built one after another, expanding from the original Pittsburgh to the entire northeastern industrial region of the United States, and the western and southern states are also systematically building aluminum smelting plants.

In the past and present life, Alcoa has always maintained a monopoly on aluminum production in the United States and even in the world, and no company has been able to shake its hegemony in the aluminum industry for a hundred years.

No wonder peers lamented: "The eyes of the Mellon family seem to be the easiest to spot the things that make them money." ”

"Haha, but you're not bad, are you? They all say that the eyes of the Mellon family are the easiest to spot profitable businesses, but with your nose that seems to be able to smell oil hundreds of meters underground, my eyes are a little spent! Andrew said wittily.

"Why, I'm just lucky, sometimes it's so good that I don't even believe in myself. I hope that the two companies will have the opportunity to cooperate more in the future. ”

Situ Nan lowered his posture and said with a smile.

"Hehe, it's easy to say. But tonight is not to talk about business, it is rare to meet a young man like Stoney, and Robles is also back, I am really happy, come, let's have a drink! Andrew said with the heroism of his master.

Cheers !!

Everyone raised their glasses with friendly smiles on their faces.

The rest of the Mellon family was a little surprised, when did they see Andrew talking to a young man with such a good attitude?

Originally, a Robles made them uncomfortable, but now another Situ Nan has come out, which makes them feel a little unbalanced.

The nine sons of the dragon are different. So the Mellon family is no exception, there are elites like Andrew and Richard, and there are also many fools who eat and wait for death.

Except for a very few people who knew a little bit about the identities of Robles and Situ Nan, the others were just a little surprised and a little unhappy with Andrew Qingyan, two outsiders.

However, due to Andrew's prestige, he didn't dare to be presumptuous, but everyone knows what this wine tastes like.

This happy atmosphere Situ Nan didn't stay long before leaving with Robles.

Tonight is not a good time to talk, Andrew has a lot of business to attend to, and he doesn't have much time to greet Situ Nan.

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