"All along, many of you have called me a ferocious and bloodthirsty hungry wolf. With a group of hungry wolves who are also young and ignorant, hunting and destroying with impunity, say that I am the most cold-blooded predator in the financial markets. ”

“…… Hehe, since everyone says so about me, then I will do what you wish. This time, I wonder if you are interested in my proposal? ”

"It has been 50 years since George Catlett Marshall's plan helped the Europeans revivenation. Now it's our turn to help old Europe move towards a better future once again! ”

Washington, a building that does not depict the location on various public maps.

More than 150 bankers from all over the United States, like their elders 90 years ago, gathered to "think about the better" development of the Federal Reserve Bank system.

This American medium. The Central Bank, I have to say, was very cleverly designed.

Ostensibly, its power is entirely in the hands of seven members, one of whom is the chief and one second, and the remaining five are members.

In order to take office, the seven members must be nominated by the President and approved by the Senate before they can take office. The Principal and Second Chairpersons may be re-elected, but the members may not.

In the beginning, it ostensibly had a pattern of congressional control of the Fed, with the government represented on the board, but the majority of the board of directors controlled directly or indirectly by the banking association.

This model may not be much now, but it was not very suitable in the early part of the last century.

Since the time in Britain. The central bank, the Bank of England, coupled with the US banking crisis of 1907.

The bankers of that time had such a bad image in the minds of Americans that no one, from members of Congress to the White House, dared to openly support any bill that bankers were involved in.

Later, Paul, one of the founders, cleverly changed the final version to "The board of directors is appointed by the President of the United States and approved by Congress." ”。

So it looks like this exercise is in the United States. The existence of the functions of the central bank becomes an official organization, under the orders of the US president, rather than a private bank.

The real function, however, of the Fed's board of directors is exercised by an organization called the Federal Advisory Committee.

The Federal Advisory Committee and the Board of Directors meet regularly to "discuss" the work, which is now the Fed's four meetings a year.

The members of the Federal Advisory Council will be decided by the directors of the 12 Federal Reserve Banks.

The last and most important point was deliberately concealed from the public.

This practice has proven to be so successful that a large number of Americans still believe it to be a state instrument.

In the conference room, the person who spoke just now was Mr. Abel Smith, a real board of directors of the Federal Reserve, an important member of the Federal Advisory Committee, and the chairman of the Federal Reserve Bank of Dallas, a branch of the Eleventh Federal Reserve.

The chairmen of the other 11 Federal Reserve Banks present, as well as the other members of the Federal Advisory Committee, all had a document in front of them at the moment.

As Abel spoke, many people were flipping through the documents prepared for them by the chairman of the Federal Reserve Bank of Dallas.

After a cursory reading of the document, Joson Adams, chairman of the Federal Reserve Bank of Boston, couldn't help but glance at the high-spirited Abel on the stage, and then whispered to David Rockphil beside him:

"He dared to think about it, but it was very tempting. Those Europeans, they have really gotten a little carried away in recent years. ”

David nodded and replied to Joson Adams, "I was shocked when he came to look for me in person last night, but I think ...... You won't have a problem giving it a try. ”

Rockfaeler's words and reaction surprised Adams a little.

Rumors of a strained relationship between Rockphil and Morgun and Smith are rumored to be true, but that is not always the case.

The patriarch of the Addams family couldn't help but glance at John Chris on the other side of David.

As a descendant of Henry Adams more than 300 years later, the ancestors of the Adams family were born of fierce people like Samuel Adams, John Adams, and Quincy Adams.

Johnson Adams also understands that many times the relationship between these families is so complicated.

For example, the Boston consortium led by the Adams family and the Morgun consortium led by Mahogon have always had a very poor relationship, and they once fought fiercely.

But at the same time, the Boston consortium had a good relationship with the Rockphile consortium, an ally of the Wagon consortium.

The Grand Commander, who has been brainstorming for many years, was promoted to the position by their Boston Consortium and the Rockphil Consortium.

The level of confusion in their relationship is far more complicated than the fact that Abel and Kayla's children have to recognize their uncle John Wilson as their father.

Therefore, the newly rising Smith and Morgun and Rockphil are constantly fighting, but many times they will unite, and everyone is not surprised.

Because this is almost the norm between these top conglomerates and upper-class families in the United States.

Fighting for interests, making peace for interests, turning against enemies for interests, and being close again for interests.

Restrained from his thoughts, Josson Adams calmed down and listened to Abel Smith on stage continue to sell his ideas to them.

"A lot of preparatory work, everyone has actually been doing tacitly all the time."

"So far, this has been very good. But if you want to really make a profit, I think it will take at least ten years later, and it will take 10 years at the earliest. ”

"And once I use this method, I think it can be greatly shortened."

"Eight years, no, maybe even five years. We can get Europeans to join our order! ”

Speaking of this, Josson Adams saw Abel stop his words, and his young and sharp eyes scanned everyone: "This is what I want to say today, if you have any ideas or suggestions, you can come out and talk about it, if not, then I suggest that you vote now." ”

Jossen was a little hesitant, he didn't know whether he should support it or not.

No, what Abel Smith is going to do this time does seem to be good for everyone.

If it succeeds, it's exactly like he said.

Yes, it seems that this will strengthen his voice in the Federal Advisory Council.

This scene Adams and the Boston consortium did not want to see it, just like everyone else.

Balance is the most important thing in the Federal Advisory Council.

When Josson hesitated and was about to speak, out of the corner of his eye, he suddenly spotted David Rockphile next to him, and nodded slightly at a banker sitting across from Rockfeller.

Jossen looked over and saw that it was Matteo McCormick, chairman of the Federal Reserve Bank of Chicago in the Seventh Federal Reserve District.

Matteo McCormick was a prominent member of the Chicago Consortium, which was once as brilliant as the name Chicago once played in the United States.

Up to now, the financial strength of the Chicago consortium is still relatively strong, and it still has 5 large banks. Illinois Lu, First Chicago, Harris Bank, Northern Trust, and Bank of America.

In addition, it has two insurance companies, the Sina (CNA) financial company and the state insurance companies.

Historically, Chicago was once one of the financial centers of the United States, and its status was not lost to New York.

In the invisible struggle of nearly a century, in recent years, Chicago, represented by the Chicago consortium, has been constantly squeezed out and invaded by the big Wall Street conglomerates, and its financial strength is far inferior to before.

Nowadays big. The Lu Illinois Company was infiltrated by the Mogun consortium and has become a company jointly controlled by the two consortiums; The First Chicago Company was in turn controlled by the Rockphile consortium, which was effectively subordinate to the two large consortiums.

It's similar to the Cleveland Consortium and DuPont today.

So Josson Adams saw that Mateo McCormick immediately raised his hand and said in a loud voice:

"Mr. Smith, your proposal is very good. But I believe that the Europeans are not stupid either, they will be on the lookout. Also, who is responsible for the plan, if it is to be implemented? You can't let the Fed do it directly, right? ”

Matteo McCormick is a subordinate of the two major consortiums of Morgun and Rockphil, and Josson Adams can know it, but Abel can't of course not know.

After hearing Matteo McCormick's question, Abel immediately smiled and said:

"Very good question, as to who is in charge — I propose that Mr. McCormick be in charge. The Chicago consortium has a lot of strength, and I think they're up to the job! ”

He was talking about letting Mateo McCormick take care of the job, but Abel's tone had no irony in it, and it sounded very obvious.

This made Matteo McCormick very angry, but he didn't dare to take Abel's words directly, saying that he would come by himself.

Today's Chicago consortium, Matteo McCormick is well aware that he does not have the ability to lead the charge.

What's more, the current Chicago consortium, they McCormick said it doesn't count, and the other two founding families Wood and Krone don't count.

It was the Mahogon and Rockphil who really had the final say......

If it weren't for the fact that Mogun and Rockphil still wanted the last film to cover it, and he Matteo McCormick was more obedient.

Then the current chairman of the Federal Reserve Bank of Chicago is probably not any member of McCormick, Wood, or Krone.

Gritting his teeth, Mateo McCormick said directly: "I admit that I don't have this kind of strength. But Mr. Smith, your subtext is that you have to take the lead, right? ”

Seeing Matteo McCormick's "retreat as advance", the rest of the bankers were aware of a problem at the same time.

That is, if everyone really agrees with Abel Smith's proposal, it seems that only Smith, Morgun, and Rockefeller can take the lead in this work.

Instead of Rockelle, they were able to take the lead, because they were originally the strongest hegemons in finance among the big American conglomerates, and they were the most influential chaebols in the world.

And Abel Smith is considered by many to be able to take the lead, except because he made the suggestion.

is also because this guy has always been invincible and indestructible in the financial field, which has brought too strong an impression to everyone.

So much so that even in the international arena, the current Smith consortium is still much worse than Lockefeller and More.

However, everyone still felt that if Aberley was allowed to do the job, he could do it.

“ Why not？”

Why not?

Abel made his attitude straightforward: "I think I can do it, Mr. McCormick, do you have any questions?" ”

The corners of McCormick's mouth were cowardly, and he wanted to open his mouth to refute it, but found that this was the case.

One of the core figures of the Chicago consortium felt that he must be in disgrace now.

I felt that if my ancestor Cyrus McCormick saw him like this, he would definitely want to harvest himself with the harvester he invented.

But what about him, Mateo McCormick?

Cyrus McCormick was able to influence the situation and trend of the American Civil War, and when he died, he was already the richest man in the United States.

At that time, McCormick was the first family in the true sense of the word.

And Adams and the like were weakened by then, and Mahogon hadn't even come from England yet. Rockphil had just begun to sleep in the open, looking for oil all over the United States, all of which added up to no more than $500.

Now, now he, Mateo McCormick, can't even control the company left by Cyrus, and can only be someone else's puppet!

He took a deep breath, and although he was unwilling, Matteo McCormick knew that he really couldn't refute it.

He glanced at Rockphil across from him, sat down silently, and chose to be silent, also to show Morgun and Rockphil that he had done his best.

On stage, after Mateo McCormick sat down, Josson Adams saw that Abel had begun to perform energetically and aggressively again. It is very similar to the courage of those American businessmen when they began to expand from the United States after the end of the Gilded Age.

At the same time, the "wonderful scene" of the interaction between Rockefeller and Mateo McCormick just now was also deeply engraved in Adams's mind.

He couldn't help but look at Pierre Eugene Dupont, who was not far away, in a very relaxed state.

Suddenly, after Abel's voice fell, Jossen Adams raised his hand: "I think your suggestion, Mr. Smith, is very good, and you yourself are indeed capable of doing the job." I felt that it was time to call for a vote, and I chose to support the proposal and support Mr. Smith to take charge of the work. ”

Josson Adams' sudden movement obviously surprised David Rockefeller beside him, and John Criss, who was next to David, even sat up straight in annoyance.

The rest of the bankers, curious or surprised, strange or unintelligible, also cast their eyes on Josson Adams.

Attracting so many eyes, he shrugged his shoulders freely, as if he didn't care about their reaction.

Jossen couldn't help but glance at Matteo McCormick opposite.

I thought you McCormick would become a puppet, but not I, Adams!

And compared to Samuel Adams and John Adams, Cyrus McCormick is really nothing!

"Haha~"

On stage, Abel laughed directly.

"Thank you very much Mr. Adams for your trust, and I think so myself. I also think it's okay to call for a vote, and I'll vote for myself. ”

As soon as his words fell, his eldest brother John Wilson raised his hand directly: "Wilson, director of the Reserve Bank of San Francisco, voted for Mr. Smith." ”

As soon as John's action fell, several other California consortium people next to him also raised their hands, but not all of them, only about 60%.

This is probably the part of the directors that the Wilson family can influence in the California consortium.

The people of the Texas consortium, who were similar to John, also raised their hands immediately.

Pierre-Eugene Dupont, for his part, voted in favor.

One after another, a few people from the Boston consortium looked at Qiao Sen hesitantly, and then raised their hands to vote in favor.

Within minutes.

Mateo McCormick was a little envious of the discovery.

Of the more than 150 full members of the Federal Advisory Council, at least 60 have raised their hands in approval.

It turns out that Smith is already here, and he has almost the same right to speak as Rockefeller and Morgun!

Mateo McCormick was surprised and envious.

3 million words, be proud. In addition, when writing this chapter, I looked up a lot of information about the vacation era and the Civil War, and I felt that the stories of those Americans were super tense and suitable for writing. It's that if you want to go out of the United States, you can't write it at all, because it's easy to 404.

(End of chapter)