Volume IV Prosperity 10 Tricks
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Volume IV Prosperity 10 Tricks
The gathering at the Jekyl Island Club was a salon where everyone could talk as much as they wanted, but Situ Nan was more here to make friends with these big names, and as for what to talk about, it was not his interest
Low-key is king, and you can make a fortune in a muffled voice. He admonished himself secretly.
As the initiator, Mellon raised his hand and signaled everyone to be quiet.
"Guys, you all know, right? Not long ago, the Treasury Department's bill to reduce personal income tax to 32% was rejected by Congress, and the Democrats only agreed to reduce it to 50%. There is no doubt that this is not enough! β
"Yes! Not enough! It's so unreasonable. β
"That's right! Kick those Democrats out of Congress! β
"Andrew, what do you need us to do? Just say it! βοΌοΌοΌοΌοΌοΌ
The crowd chimed in.
Situ Nannan took a sip of wine, smiled, looked at the big people, and always maintained a modest and cautious look like a young man.
"What do you mean?" Situ Nan touched Du Pont beside him, and this kid was silent this time.
"Alas! It's all about it, and I can only complain here, I just finished the Congress, and it is impossible to convene it again in a short time, right? β
Dupont sighed.
"That's just as well!" Situ Nan nodded. Heard Andrew say: "For the time being, this tax can only be maintained at a high level, although we have done a lot of work.
This time, the main purpose is to remind everyone that when you vote next time, you must make an agreement and concentrate your efforts to reduce the individual income tax to a reasonable level. Only in this way can we increase the enthusiasm of the business community for investment and take a responsible attitude towards the US economy. β
In addition to individual income tax, how to discuss investment in Europe has become another important issue. The White House has just signed an official document on the cessation of the state of war against Germany, so how to deal with the German reparations debt and how the Fed can formulate appropriate policies in response to London's counterattack.
Naturally, with the influence of Morgan on Wall Street, Morgan has the most say in how to invest in Europe, solve the debt of Britain and France, and support the German business community. But there's nothing new.
At the Paris Peace Conference the year before last, Situ Nan had heard Morgan talk about designing a triangular relationship: Wall Street lent dollars to Germany, Germany used dollars to pay Britain and France, and Britain and France returned dollars to the United States, forming a cycle with dollars as the carrier. In fact, Wall Street is competing with London for the world's financial center
"In the past, Europeans were our creditors, and they caused Wall Street to be paralyzed by siphoning out the funds, but now it's the other way around, and we're their creditors, and Europeans can't do without Wall Street."
Morgan was in high spirits and called on everyone to go to Europe. "According to the report, Germany is in a bad situation right now, the Weimar Republic does not have enough money, it needs us. With a light stretch of our hand, we can get a powerful and well-established industrial empire! β
Not only the banking and financial industry, but also the American industry is also looking at Europe, especially Germany, to add vitality to the powerful industrial production of the United States with German technology.
"Jack is right! Want to give it a try? What about BASF? "Stuart Nan teased Dupont.
"I want to too! But how can there be so much money? What, is Wells Fargo going going to lend me money? DuPont looked at Situ Nan expectantly.
Now that there is peace and no war, DuPont's gunpowder factories have a strict surplus of capacity, and they have either closed down or turned to investment in chemical industry for the past two years. But changing careers is not an easy task.
But it's impossible to say that DuPont has no money, who doesn't know that this guy makes the most money?
"Good! Is DuPont having financial difficulties? Although I don't have a lot of money, I'm willing to invest in DuPont. What do you say? β
Situ Nan looked at DuPont with a smile, and saw at a glance that DuPont was pretending to be poor. Xindao: Lending you money for development, I'm not so stupid.
"That's not going to work! You know our house rules. DuPont shook his head repeatedly, "Unless you become a member of the DuPont family, but it's not realisticβ"
He looked at Andrew in the distance with some envy. The DuPont family is a very stubborn family, and the company is all run by the DuPont family, and outsiders must not interfere, which is very xenophobic.
Even if the gunpowder business is not doing well now, DuPont still has a monopoly on gunpowder production in the United States, and selling a factory out will not affect DuPont's status.
It is unlikely that Situ Nan wants to share the gunpowder market, although he and Andrew also invested in chemical plants in Pittsburgh to produce explosives, but they are not comparable to DuPont's vast gunpowder empire.
In order to compete for the gunpowder market, DuPont had a big fight with Rockefeller. The result was clear, DuPont won.
"I didn't say that!"
Seeing that Situ Nan didn't speak, DuPont thought that Situ Nan was unhappy, as if he was a little reluctant, and said kindly: "Stoney, I have a good explosives factory, if you are interested, you can transfer it to you." The price is negotiable. β
Damn it! Why do you want your own explosives factory? Fighting? Does it take so much to open a mine? Or take it to fry Morgan?
Hearing that DuPont transferred the money-losing explosives factory to himself, Situ Nan couldn't help but greet DuPont's family in his heart, does this old boy want to stuff rotten goods into himself and treat me as a Kaizi?
However, his face was very interested, "What price?" How big? β
Seeing Situ Nan asking the price, Du Pont was interested, just now he had a headache how to deal with the redundant explosives factory, just casually talking.
"An annual output of 5 million pounds of gunpowder, $5 million." DuPont tentatively made an offer.
"2 million!"
"Think beautifully! That's a big factory. 4.5 million. β
"You don't need that much explosives."
"If you modify it, it can be used to synthesize ammonia, and I can provide the technology, but it will cost an additional $1 million. 4.5 million is not expensive. β
"This can be considered, but Giant already has this technology. Up to 2.5 million. β
"Then you buy it again?"
"Buy it and play it!"
"Uh-3 million! Now satisfied, right? β
"It's ok. Think about it. Situ Nan said lightly, "But remember to send a full set of technicians." β
"Good! You're ruthless! DuPont looked at Situ Nan helplessly.
"Don't pretend to be pitiful, your broken factory is only at that price, I am kind enough to help you, otherwise it will only rot in your hands." Situ Nan exposed DuPont's pretense and said.
"Isn't there a shortage of money?" Du Pont smiled, changing the appearance of gritting his teeth and pain just now, and his smile was a little treacherous.
"Oh. Is it any wonder that GM has been making such a big move recently? Situ Nan glanced at Dupont. In addition to gunpowder, GM is the most profitable. Historically, in the next decade, GM overtook Ford to become the largest car company in the United States.
Can Chrysler surpass GM and Ford? Seeing Du Pont's appearance of smashing pots and selling iron, Situ Nan had a big question mark in his heart.
When Morgan was discussing how to buy the German financial industry, Situ Nan discussed with DuPont how to buy the German industry.
In particular, Germany's steel and chemical technology are highly coveted by Situ Nan and DuPont.
"You kid is so fast, you snatched the synthetic ammonia technology from BASF in Germany the year before last, and now the giant company is about to catch up." Du Pont said with a smile, looking at Situ Nan with some vigilance.
"Didn't DuPont get it too? Compared to DuPont, the giant is far behind. DuPont copied a lot of technology from Germany, which is not comparable to the giant company by buying a small drug. Situ Nan looked at DuPont with some envy.
Germany was defeated, and the U.S. government confiscated more than 5,000 German patents and handed them over to American companies, many of which fell into the hands of DuPont.
At the same time, DuPont also launched a frenzied merger and acquisition in Germany, BASF, Bayer and other large German companies have suffered greatly, and many factories and technologies have fallen into the hands of DuPont.
"Still a small medicine? That sulfonamide has been sold for gold! DuPont looked at Situ Nan with some anger. This young man is even more pretending to be forced than himself at a young age, which is too hateful.
"It's just a mouthful of food." Situ Nan laughed, he was quite proud of Giant Pharmaceutical. During the Spanish flu the year before last, Situ Nan made four or five hundred thousand dollars from sulfonamide tablets. But now it's not so profitable.
"Eat you!" Dupont cursed in his heart.
"By the way, DuPont is said to have gotten some polymer technology from the Germans?" Situ Nan asked casually.
"Where? Isn't the technology in the hands of the oil companies? What else do I want to ask you for? DuPont looked at Situ Nan with some vigilance, secretly surprised in his heart - could it be that this guy also took a fancy to polymer chemical technology?
"No? It's good. How about we work together on this? Situ Nan looked at DuPont sincerely. If the other party can accept their kindness, then there is no need to invest in the chemical industry so hard.
"Not a bad idea. I'll think about it in reply to you. DuPont was noncommittal.
It's a pity that DuPont doesn't have a tradition of cooperating with outsiders, otherwise it's not bad to cooperate with this kid if he is so interested.
"Oh!" Seeing that the other party was not enthusiastic, Situ Nan knew in his heart.
Xindao: Since DuPont is unwilling, he has no choice but to make it difficult. Regardless of polymer chemical industry, it must be won. Nylon makes more money! How many stockings make women all over the world crazy! Well, you can't let DuPont have this piece to its own in any case!
Situ Nan secretly made up his mind to dig Dupont's corner??????
Meeting, bragging, farting, and occasionally going hunting, Situ Nan's days on Jekyl Island were quite leisurely.
There are excellent cooks on the island, and the elk that Andrew hunted was slaughtered, and the tender and delicious deer breasts were brought up, with a faint bloodshot.
Situ Nan tasted a slice, a little fishy, a little sweet, a little unaccustomed at first, but slowly felt that the taste was delicious.
"How? It's not a small gain, right? Andrew leaned over and said.
"It's ok. But they're all old foxes, and they're not too talkative. Situ Nan whispered. I swallowed a thin piece of deer breast, and I felt very enjoyed.
"I just took over a gunpowder factory in DuPont and am going to move to Nanyang in the future." South Szeto Road.
Although there is an overcapacity of gunpowder in the United States, considering that a large number of projects will be built in Nanyang in the future, there is a great demand for gunpowder, and it is not bad to buy a gunpowder factory from DuPont at a low price. This was Situ Nan's idea, and he didn't hide it from Andrew at all.
"Hmm. You can do it. "Andrew doesn't care." Last time you said you had an oil field in your hand? Where is it? β
Andrew looked at Situ Nan expectantly. Recently, there was a news in the United States that the oil in the United States is about to run out, and the price of oil has risen to a sky-high price of $2 per barrel, so the major oil companies are nervous and looking for new sources of oil everywhere.
"The Middle East." Situ Nan whispered. "The British territory, I have bought some places in the hands of the Arabs, but it is difficult to do it."
After saying that, he looked around. Although the club has plenty of private rooms and quiet surroundings without worrying about being overheard, it is still a bit more cautious.
"That's a pity." Andrew regretted. It is not only the American oil companies that are now nervous about oil, but also the British, Shell and British Petroleum (BP Oil) have increased their investment in the United States, and have successively acquired a number of oil industries. In particular, the Indian Standard Oil Company, which was originally spun off from Standard Oil, has been infiltrated by BP.
"Yes! Who told us to only own the Panama Canal? It would be nice if there was also Suez. Situ Nan sighed.
Although Egypt and Saudi Arabia are nominally independent, there is still a British emperor on their heads! Oil extraction in the Middle East is still a long way off. For the British to occupy the pit and not, Situ Nan hated it deeply.
Of course, if the British found out, would it be his turn?
"By the way, I'm planning to do something to Texaco lately. Let's take it together, how about it? Situ Nan said, unable to hide the excitement in his eyes.
Due to the rise of Occidental Petroleum in California, it replaced the role of the original historical Chevron Oil Company, and it was also stronger than Chevron Oil Company, and before Rockefeller completed its infiltration of Texaco, it went to Texas and "grabbed" a large number of oil fields of Texaco Oil Company with lightning speed, causing the development of Texaco Oil Company to be much worse than the original.
However, Texaco is still an important oil company, and it has a spindle oil field in its hands, which Situ Nan has coveted for a long time.
"It's not easy! Rockefeller has been infiltrating Texaco in recent years, and there have been some results. If you rush in, you may have more turmoil. β
Andrew's tone was a little solemn. He had a close relationship with the elder Rockefeller, with whom several large steel companies owned by the Mellon family shared a controlling stake.
Don't look at the old Rockefeller now retired, he rarely pays attention to the oil company, once he makes a move, it is not something that ordinary people can resist. After all, that could once control the hegemony of oil production in the whole of the United States.
"Do you just let it go?" Situ Nan said unwillingly. He had already secretly absorbed a small part of Texaco's stock, and he was a little reluctant to be deterred by the name Rockefeller.
"There's a Chicagoan's shadow behind Texaco." Andrew said that he was not very optimistic about Situ Nan's attack on Texaco.
Seeing that Andrew's attitude was not positive, Situ Nan, who wanted to join forces with him to take down Texaco, had to give up. Although he lacks the help of the Mellon family, he is also somewhat sure, but this will not only cost a lot of money, but also affect the investment in other aspects, and some of the gains outweigh the losses.
"Okay!" Situ Nan sighed. But he was a little unconvinced after all. Since Texaco is so eye-catching, let's change it!
Situ Nan secretly made up his mind in his heart.
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