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This handshake began the friendship between the Fargo family and Situ Nan, and the Fargo family remains a staunch ally of the William family to a hundred years later.

The shrewd Dennis Fargo rejected Mr. Stuart's cash deal, offering a 10 percent stake in Wells Fargo for a 5 percent stake in Mr. Stuart's Occidental Petroleum.

Well, this request is obviously a lion with his mouth open, others don't know, isn't it clear in Situ Nan's heart? The total assets of Occidental Petroleum are now several times larger than those of Wells Fargo, and the oil fields held in secret alone far exceed the total assets of Wells Fargo.

Dennis Fargo's obvious asking price is sky-high, and Situ Nan is not stupid, he immediately reacted: "10% Wells Fargo shares can't be exchanged for 5% of Occidental Petroleum shares, but adding this is not impossible to consider!" ”

With a smile, Situ Nan pulled out a check from his pocket and raised it up—it was a $100 American Express traveler's check.

"Well, the workmanship is very elegant, the appearance pattern is very delicate and generous, it is a necessary weapon for home travel, murderers, and thousands of miles away." Situ Nan added, smiling a little evilly.

Dennis Fargo's face turned green when he saw it, and he couldn't wait to give Situ Nan a heavy right hook and smash it on Situ Nan's heroic face.

"Fack! Stoney, you're too greedy to be out of luck. Dennis Fargo scolded. Now the two of them are so familiar that they don't need to address each other with the honorific of "sir".

Could it be that after losing Wells Fargo, the Fargo family will also hand over the Amex Company? Dennis Fargo thought with some sadness, but his heart itched a little when he thought of Situan's oil company.

Dennis Fargo succeeded his father, James Fargo, in Wells Fargo, but the family's other large company, Amex, did not have a member of the Fargo family in a key position.

Thinking that he was going to San Francisco to make a big move, Buffalo couldn't take care of the American Express Company, so it was better to give up some shares in exchange for Stoney William's support.

At this moment, the competition between the big families in New York is becoming more and more fierce, especially the banks on Wall Street are like a group of giant beasts ready to open their mouths to swallow up the surrounding Qiē, and the pressure on the Fargo family is also increasing.

Although the Fargo family has a good strength in New York, it has not been able to rank among the top ranks, and in the face of the fast-growing power of Wall Street banks, it is conceivable that the Fargo family, which is supported by the transportation business alone, will become a vassal of others after all.

Instead of this, why not take advantage of the good momentum of California's development and shift the focus to the west?

Wells Fargo and Amex, the two pillars of the Fargo family, have been distracting from the family's efforts and preventing them from concentrating on the family's business to the top.

This awkward situation has become more and more evident especially after the death of James Fargo, who has been oscillating between New York in the east and San Francisco in the west.

"Stone, how far do you think California will be in a few decades?" Dennis Fargo suddenly asked Situ Nan a strange question.

Situ Nan was stunned for a moment, thinking that the other party had some doubts about the prospects of the west, and hurriedly cheered up: "More than a hundred years ago, no one expected that the humble United States would become as prosperous as it is today, expanding from a small place on the Atlantic coast to the west coast of the Pacific Ocean, from 13 federal states to more than 50 states, from a small role dependent on Britain to the world's largest economic power, this, can you imagine?"

The same is true of California, and while most people today don't imagine what California will look like in a few decades, I'm one of the very few who believe that California will grow much more than we ever imagined! ”

Situ Nan said excitedly. He even wanted to pat the other party on the shoulder and said, "Dude, when I came here, California had become the seventh economy in the world, stronger and richer than 90% of the world's countries and regions!" ”

The next day, Dennis Fargo went to Situ Nan with a red eye and decided to transfer 10% of the 15 percent of the Fargo family's shares in American Express to Situ Nan, plus Wells Fargo's shares in exchange for 8 percent of Occidental Petroleum.

"Dennis, what's wrong with you? Didn't sleep all night? Why did you suddenly make such a big decision? Situ Nan asked with some surprise.

"I thought about it last night and decided to shift the focus of my family's business to California, didn't you say that there was more potential there than I could have imagined?

You know, my imagination has always been rich, and since you say that California's prospects can surpass my imagination, what should I hesitate about? Now you're the big boss! ”

Dennis Fargo stared at Situ Nan, and his red eyes made Situ Nan feel a murderous aura.

Is this guy going to rely on himself? Situ Nan thought to himself.

"So what are you waiting for? You know? Man, you're on the right path, and in n years we Western upstarts won't be inferior to those proud folks in New York!

Although they have a good life and have caught up with the Gilded Age, the future really belongs to our western gold diggers, the Californians! ”

Situ Nan said unashamedly, he felt that he was becoming more and more inclined to evolve into some kind of master. It is a matter of pride to be able to draw an ally like the Fargo family into his camp, although in essence the two sides are united by factors of interest.

In addition to Buffalo, the Fargo family also has a non-negligible influence in San Francisco's politics and business, Situ Nan knew that Dennis Fargo had a nephew who was doing well in San Francisco politics, and he thought that some plans in the future might not be able to get help from him, so Situ Nan didn't want to have a bad relationship with the Fargo family until he had to.

Through Guò control of Occidental Petroleum and California Iron and Steel Corporation, Situ Nan has controlled the economic lifeline of Southern California, with Los Angeles as the center.

But in Northern California, led by San Francisco, he has made up for it if he has the friendship of Wells Fargo and the Fargo family.

Moreover, San Francisco has always been the financial center of the West Coast of the United States, and a large number of heavyweight banks such as Bank of America, Wells Fargo, and Crocker Bank have developed from San Francisco.

As for Yuntong Company, Situ Nan joked that he would take away the Buffalo cow by the way, but he didn't expect that there was really some possibility of realization.

It was also a surprise that he received a total of 14% of the shares of Amex from the Wells and Fargo families.

In his previous life, Situ Nan often flew around the world with an American Express card, so he was no stranger to this company.

In Situ Nan's previous life, Amex was not only the world's largest global company in tourism services and comprehensive finance, financial investment and information processing, but also the only service company among the 30 companies in the Dow Jones Industrial Index of the U.S. economy!

Well, another awesome character!

Situ Nan thought to himself.

However, it is still 1917, there is no mobile phone network, no bank card ATM, and it is still a desert in the electronic information age.

The main business of the company is now the transportation of goods and mail, but the business in tourism finance has been carried out, and the results are not bad.

Speaking of American Express traveler's checks, we have to mention Dennis Fargo's son, James Fargo, the former president of American Express who went to Europe on a whim sometime between 1888 and 1890.

Well, the rich people in the United States prefer to go to Europe when they have nothing to do, and Europe was still the world's financial, economic, political and cultural center at that time. Today's rich people in the mainland have money and time, so they can run a new Malaysia, Thailand, or the United States, Japan, and Europe.

James Fargo rushed to Europe, only to find a pain in the ass when he found that although he was president of American Express and carried a traditional letter of credit, he found it difficult to get cash except in major cities.

This angered James Fargo, and after he ran back to the United States in frustration, he and Marsilus Frankin Berry invented the Express traveler's check, which was issued in 1891 in denominations of $10, $20, $50 and $100.

It was James Fargo's signature traveler's cheques that catapulted the company to fame and diversify its business, from the traditional courier business to travel financial services.

The war in Europe made the United States happy not only by arms dealers, but also by Amex. After the outbreak of the war, Europeans kept running to the United States, coming from different countries and regions, holding letters of credit issued by different banks, but most of the financial institutions refused to provide any assistance.

For example, it is normal for someone to take a credit from a German bank to withdraw money from a bank in the United States that has no business dealings with the German side, and it is not uncommon for them to be refused.

This shows the value of Amex as an intermediary, and the European office has united with a number of other banks to provide guarantees for the letters of credit in the hands of these travelers, so that Europeans come to the United States to hold the traveler's checks issued by Amex Corporation, and the American Express traveler's cheques have become popular across borders.

In view of this, in 1915, the Amex Company separated all tourism-related services and established a special tourism department.

Soon after, the first travel agency was opened, and now Amex is planning to expand its global travel financial services in the United States and Europe.

"Your father, Mr. James Fargo, was a great man who invented the traveler's cheque for the benefit of countless people, and under his leadership, the Amex Company achieved remarkable results."

Situ Nan to Dennis Fargo.

"Thank you. My dad has always been a role model for me to learn from, and he has taught me a lot. Dennis Fargo said with emotion.

What makes him regret is that the focus of the family's business has shifted westward, and after the death of his father James Fargo, the Fargo family temporarily withdrew from the management of the company, which is really a bit reluctant to think about.

However, when he remembered his father and the Fargo family, Dennis Fargo, he felt a sense of mission to take on the responsibility of bringing the Fargo family to glory.

・・・・・・

Situ Nan has always liked huge and magnificent careers, and he has some of the same problems with things that cannot be controlled in his hands.

Although he controls a lot of shares of the company and knows the prospects of the company, he doesn't pay much attention to these in his heart, he just thinks that the travel finance business of the company is good.

In his view, the railway transportation industry in the United States has been monopolized by the railway companies controlled by the Morgan consortium, and the main business of the company is now concentrated in the transportation of express delivery, and it is estimated that no matter how powerful it is, it will not reach the height he hopes in his lifetime.

In the first or twenty years after World War I, although railway transportation in the United States was still the main mode of transportation, Situ Nan knew in his heart that if he wanted to invest in the transportation industry, his goal could only be to choose the emerging automobile and aircraft transportation and international shipping.

It is better to aim at the increasingly important Panama Canal and the Pacific Route. And definitely not American railroads!

First, the U.S. railroads are mainly in the hands of the Morgan consortium in the east, and the competition is not good, and the investment prospects of the railroad are not very good compared to the emerging roads and air transportation.

Isn't it? Now even Stanford, the railroad king of California, thinks that the railroads in the United States have been repaired, and there is no need to build railroads anymore, and there is no "railroad company can get the railroad sides they built for free?" kilometers of land" such a provision bordering on robbery.

The main reason is actually that Situ Nan has no money. In the past six months, Situ Nan has successively won Kodak, Guben Energy, Bethlehem Steel, and other big signboards, and at the same time, he has also shown his strength in the two industries of aircraft manufacturing and automobile manufacturing, and has gained a lot, but also paid a lot.

Some transactions are completed by way of share swaps, and some transactions involve large sums of money, which are spread out one after another, one is bigger than the other, and the funds are also poured out like flowing water.

If it weren't for the fact that in this special period, he sold war materials to the British and the French, and sold the US Treasury bonds from the British to the peasants, small merchants, and citizens in the west, and the money was relatively easy to make, no matter how bold Situ Nan was, he would not dare to dig holes and throw money everywhere.

Take it when you see it! Stop irritating those in the east! As for the Amex company, it is still pressed in the safe, for more than a few decades, and when it issues the world's popular credit cards, it will jump out and share the profits!

It's really fast! It's a little delicious, but only if you live long enough!

Situ Nan thought to himself.

He understands that his actions during this period of time have fallen into the eyes of many people. If the company continues to put its hand into other people's homes, it is estimated that it will not be good, and the consortia that have been provoked may give up part of their business with the British and turn around and give themselves a punch, and it will be difficult to say at that time.

Thinking of this, Situ Nan is a little nostalgic for California, missing the sun, beach, waves and beauties there!

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