In addition to the issuance of the new dollar, the issuance of this new dollar, which is groundless and supported by pure credibility.

HERO has also put on hold on a number of utilities and long-term investments related to the future of the business:

School construction was suspended, roads and rail paving were suspended, new factory expansions were suspended, and Texas land acquisition plans were suspended......

All in all, it is to suspend all the investment of HERO company's non-timely revenue.

Of the 250,000 "security guards", all but 10,000 "security guards" maintained basic security in Texas, and the rest were all sent to the front line.

Originally, workers in Texas were also sent to the battlefield as much as possible, responsible for road construction and other field engineering work.

Now that the HERO company is left with only a military factory and a factory with high profits, Tom has officially bet a large amount of his net worth on the "gambling table".

If you bet again, you can only start selling land gold, and that's Tom's lifeblood.

The over-issued currency without any reliance instantly made the hero company "alive" again, but I don't know how long this false prosperity and vitality can last.

John, for his part, also received a secret order from Tom.

"At all costs, get access to the Pacific Ocean as soon as possible, and preferably take the Baja California Peninsula at once!"

The sooner you want to take the access to the sea, and it is a safe one, then the best way to do that is to pause the southern advance, advance along the U.S.-Mexico border, and advance from the north.

In this way, before the official access to the sea, the battle line will only get longer and longer, and the demand for military supplies and manpower will also increase.

But Tom did not expect that the biggest resistance would not come from the battlefield of the United Mexican States or the diplomatic mediation of the Europeans, but the "war" brought by his old rival, the Yankees.

June 21, 1867

At this time, it has been less than ten days since HERO over-issued US dollars.

Several ships from northeastern America docked at the port of Houston.

Several Yankees in suits and leather shoes disembarked from the boat.

They, the representatives of the number one banks under the names of the major conglomerates, have to compete with Tom at the "friendly business negotiation table".

Smith Building Meeting Room:

"You mean we're going to have a few banks working together?"

"Yes, the establishment of a federal bank with 13 percent of the shares of HERO Bank, 9 percent of the shares of Morgan Bank, and 7...... percent of the First National Bank of Boston"

"So, I'm still taking advantage?"

"Slip~"

Tom snorted the ramen and looked at the proposal submitted by the opposing team.

A proposal for 27 of the nation's largest banks to unite into a national federal bank.

In this proposal, it seems that HERO has taken advantage of the company, and compared with other banks that have been established for decades and have been operating steadily, HERO Bank still holds the highest proportion of shares.

At the same time, HERO Bank also has "a veto power", but not all decisions can be vetoed.

It can only be used for major equity-related events such as financing, dilution of equity, etc.

Each member bank also has a great deal of autonomy:

Self-lending, investing in other companies, etc., if there is a shortage of capital chain, you can apply for a minimum interest loan from other "brother" banks.

The main role of this federal bank is to jointly issue money, and it meets regularly every year to discuss the total amount of money issued in the next quarter, and then obtains the amount of money issued according to the proportion of each bank's shareholding.

If the federal bank were to be established, it would be a direct death sentence against all state banks set up by state governments, as well as small banks.

A large private joint bank, or the most reputable banks in the states, issued a currency that would certainly become the only "standard" currency for the dollar.

State banks and other small banks have no credibility or financial advantage over this financial behemoth, and the public will have no brains to approve of this large joint bank.

Tom looked at the names of the dozen or so banks that had expressed initial approval in the proposal, and all of them were first-class large private banks in the United States.

For private banks, being selected for this proposal can be said to be a recognition of you by the financial industry.

Tom took a bite of the garlic and ate it with a bite of the ramen.

"Quack."

"My little butterfly."

"Does it still affect the timeline?"

"Isn't this the prototype of the Federal Reserve?"

"You can't underestimate the Yankees of the Gilded Age, these people are the people who catapulted America from an agricultural slave country to a world hegemon."

Tom silently pondered how he had influenced the timeline.

Tom feels that he relies on his credibility, and the over-issuance of currency has inspired the Yankees, and the productivity and influence of each of them are now far inferior to Tom's HERO, but together they are still Tom's unshakable "Yankee Big Mac".

Once the public loses confidence in the bank, or the economic environment is not good, the people will run on the currency on a large scale, and these small banks will go bankrupt because the capital chain is broken and they cannot run on the currency issued by themselves on a large scale.

The previous Yankees, especially the Yankees who have become bigger, should think that the large-scale over-issuance of currency will do more harm than good.

Hero Bank was the first bank to use its reputation as a guarantee to pay off a large amount of over-issued currency, and because of the trust of the Dixie people, there was no large-scale run.

For HERO Bank, as long as HERO can maintain a "heroic image" in the minds of Dixie people for a day, there is no bankruptcy problem.

Once the Yankee bankers are united, they can also issue their own dollars with impunity, and the federal government can only stare dryly.

Except for Tom's Hero Company, the other 26 banks on this list are all Yankee banks without exception.

It seems that the company has given the most shares of the HERO company, but if you consider that the HERO company is now the status of 10 million Dixie people

That is, Dixie people only recognize HERO as "their own company", and 13% is really a bit less.

Dixie has a quarter of the population of the United States, and the Federal Reserve and Hero Company do not own at least one-fifth of the shares?

Tom sat in the conference room, continuing to ignore the Yankeos in front of him, munching on ramen.

Weigh the pros and cons quickly.

"Agree, or refuse?"

"If you agree, it doesn't seem to be any good, there are 40 million people in the United States, and I have occupied almost all of the market of 10 million people and most of the remaining 30 million markets, whether I join or not, it will not affect the upper limit of HERO Bank's over-issuance of US dollars."

"The disadvantages are a lot, the hero company will become a traitor in the eyes of the Dixie people, and the amount of over-issuance is also determined by twenty-six banks, and now the war is not over, my over-issuance of 1.5 billion US dollars may not be enough, and there is a high probability that it will continue to be over-issued, and it will be tied up when the time comes."

"Once the currency cannot be over-issued, there will be a gap in the capital chain again, and next time, these people will not be this kind of friendly cooperation and joint contract, and they may directly throw me an acquisition agreement or something."

"It doesn't hurt to disagree, even if they join forces, they won't be able to enter the Dixie market, and it doesn't matter to me."

"Wait, if they do unite!"