Chapter 530: The Confrontation of the Capital Market

"Let's take it!" Chen Jianqiu made a quick decision.

"Pick up? The market is now like a slightly better patient, and it can't afford to be frightened at all. Silas shook his head, "The panic is spreading, and there will only be more and more people selling, and if it collapses, is it appropriate for us to go in at this time?" ”

"You also said that the confidence of the market has just stabilized." Chen Jianqiu looked at Silas, "If the market really crashes, who will buy our gold bonds?" ”

"In this battle, the winner takes all, and the loser will die and have no place to bury." He said in a deep voice.

"But, but this market is not something we can hold!" Silas was in a bit of a hurry.

It seems that his big boss is overconfident in his strength and financial situation.

More than 10 million US dollars of gold have just been sent to the Federal Treasury to fill the hole, and the remaining 20 million plus the money from Sanjiang Bank is all the funds that can be used.

This market collapses and triggers a stampede effect, which is like a mountain falling, and the money filling in is a bottomless pit.

Swimming against the current, you are going against the whole market, what is that money enough for?

Stud, the days to come?

"Trust me, pick it up!" Chen Jianqiu's voice was undoubted, "You have to nail it there today, and call back directly if there is any situation." ”

Silas was helpless and prepared to get up and go to the exchange.

But halfway through, he turned back again:

"Boss, if you want to take it all, we don't have that much money."

"Shares of the Railroad, the Pacific Railroad and several other railroad companies in the West, how much they throw, how much we take!" Chen Jianqiu seemed to have his aim at the target a long time ago and replied.

Silas is once again confused:

"Boss, let me remind you that since you left, little Hopkins has been tossing and turning for a while, the company is in chaos, on the verge of bankruptcy, with no hope of making a profit, and the stock is worthless, garbage in the garbage."

Chen Jianqiu was happy:

"Garbage is good, I like to pick up garbage."

He looked at Silas and said to him in a serious tone:

"The shares of railway companies account for a large proportion of the market, and they are also the main battlefield between us and those Europeans, and the railway assets of a country that covers an area of more than 9.3 million square kilometers and are constantly developing will definitely not be non-performing assets, they just need to be managed and integrated."

Silas had no way of convincing his boss.

He didn't insist on his opinion anymore, and as a good executor, he decided to do the best he could to do what he was doing, rather than arguing with his boss again.

And on the other side, in the headquarters of Belmont Bank.

Belmont and its own European think tanks are also closely monitoring market movements.

They gathered in a large room.

On the walls of the room are boards with the latest information from the New York Stock Exchange.

Like Chen Jianqiu's "command center", there are seven or eight telephones, each of which is connected to the exchange.

Belmont's orders were conveyed along these telephone lines to the stockbrokers on the exchange.

Belmont was standing in front of the blackboard at this time, watching his men step on their stools and update the data.

He is very satisfied with the current situation.

After a round of sell-off in the morning, the stock market in New York was in mourning.

At the end of the 19th century, European capital accounted for a large proportion of the American market, especially the British.

As the world's largest exporter of capital at the time, the British were very willing to invest all over the world, especially in a thriving country like the United States, which had a huge demand for capital.

And the railroad companies in the United States are naturally also their heavy warehouse area.

This round of short selling was dispatched by Rothschild Bank, and the goal was to hit the US market again, which had improved slightly.

"What about Morgan? Why didn't I see him today. Belmont looked around and found no sign of Morgan.

"It seems to be sick, saying that there is too much cool breeze blowing at night, and I have a severe cold." One of the attendants said, "I just met someone from their bank in the morning. ”

"Shall we wait for him?" An Englishman standing next to Belmont asked.

"Leave him alone, I'm here." Belmont put his hands behind his back and looked up at the board on the wall, unusually confident.

Suddenly, the phone behind it rang again.

The operator picked up the microphone:

"Huh? Oh, um, well, okay, understood"

Belmont turned his head to look at the operator.

"Boss, there's a big order to take over." The operator put down the microphone and looked up to Belmont.

"Do you know who the buyer is?" The Englishman next to him asked.

"Well, I don't know." The operator shook his head, and he picked up the microphone again, "I'll ask." ”

"Which company's stock is it?" Belmont asked.

"Pacific Railroad, but also Santa Fe Railroad and several other railroads. Someone picked up the price. The operator replied.

"No need to ask." Belmont smiled, "It must be the hillbilly surnamed Chen, this guy is a guy who doesn't know whether to live or die." ”

He said to the British: "Let Simon continue to sell, Williams has the chips in his hand, and I will see how much money he has!" ”

"Isn't that cheap?" The British were somewhat puzzled.

"Hehe, he thinks he's copied to the bottom, I'll let him understand, there's still a bottom underneath, I'm going to completely break through their defense!" Belmont's eyes gleamed fiercely.

"What about the gold bonds?"

"All the same, I'm going to turn all their assets into garbage!" Belmont gritted his teeth.

When he thought of Chen Jianqiu's insult to him that night, he couldn't bear it.

Hillbilly, go back to your west!

That afternoon, panic was in the air inside and outside the New York Stock Exchange.

On the securities trading floor.

Merchants and brokers crowded in front of the trading booth and scrambled for the window, frantically waving their bills and roaring hoarsely.

The floor was filthy and littered with all sorts of paper balls.

The air is muddy, and the smell of sweat and other strange smells are intertwined.

No one wants to go back to their seats, because their possessions are evaporating, and they are on pins and needles.

People are reminded again of the fear of being dominated by a stock crash.

The bond trading floor next to it is also bleak.

Many people who used to be confident are now shy away from gold bonds.

The second tranche of gold bonds went unnoticed.

34 Bell Street, afternoon, 4:30.

In the command post of the large office, a group of people gathered around Chen Jianqiu with serious faces, looking at the big piece of paper on the table.

The most frustrated of them all was Silas.

At this moment, he was standing opposite Chen Jianqiu, holding the table with both hands, his tie was crooked, and his hair that had always been neat was messy; And Okafor, the general manager of Sanjiang Bank beside him, is even more dead-faced.

The New York Stock Exchange has closed.

Without any suspense, their resistance was a drop in the bucket, only slightly slowing down the breakdown of the stock prices of several railroad companies.

It's Black Friday again.

Today, bonds and stocks are killed.

"The funds we can mobilize today are now in it, and Sanjiang Bank can't enter anymore, and it will face a possible run below." Silas tugged at his tie and said slumpedly.

The tie was suffocating him right now.

This is something that rarely happens to an old gentleman like Silas.

"I'll see if I can get some more money." Little Astor scratched his hair.

This was the first time that the young man felt that he was running out of money.

"If only I hadn't built an Astra Hotel, I'd have enough cash to deal with these guys."

"Don't we have two million dollars of gold on the way?" The tall Okafor said, "Maybe it could be a little more stable." ”

Silas shook his head, "That's not enough. ”

"That gold, whether it was lent to the federal government as promised, went into the government's coffers; It's not enough to go to the stock market and bet against the British. ”

He sighed:

"We're facing the Rothschilds, who have been planning for a long time and have too many chips in their hands."

"Or what if we go to the federal government? Let's see if there's anything you can do to intervene. Attorney Dylan said suddenly.

"No, under the current liberal economic policy, the federal government will never intervene in the market through administrative means, which is the standard creed."

Chen Jianqiu, who had not spoken, suddenly spoke.

The matter of flipping the table, if it was able to do it, the federal government would have done it a long time ago, and it would not have dragged on until now.

He walked up to Silas and patted him on the shoulder:

"Everyone did a good job today, and things weren't as bad as everyone thought."

Chen Jianqiu looked at everyone with a smile.

"The sky can't fall, and I'm on top of it."

"The market will be closed tomorrow and tomorrow, everyone should take a good rest, eat, play, live, not only work."

Everyone looked at each other.

My boss has a really good mentality, and his pants are almost gone, and he is still so calm.

"It's off, it's off, I don't want to pay you overtime." Chen Jianqiu took out his pocket watch and looked at the time, and then waved his hand at everyone.

Since the boss said that he was off work, there was no reason not to leave work.

The "command center" was soon empty, leaving only Chen Jianqiu and Little Aster.

It was already dark.

There are no lights in the big office, and the light is dim.

Chen Jianqiu took out a cigar from the inner pocket of his clothes, took out a cigar cutter from his pocket, and cut off the tail.

"Why don't I go to my cousin and figure out what to do?" Little Astor leaned over and whispered.

"No, you don't." Chen Jianqiu slowly lit a cigarette, "Do you think I don't know what your relationship is with your cousin, you will never get along with each other, otherwise who will see your Astra Hotel." ”

Little Astor didn't know what to say, sighed, turned around and prepared to leave.

"But you'll have to do me a favor."

Chen Jianqiu's voice suddenly sounded behind him.

"Huh?" Little Astor quickly turned his head and found Chen Jianqiu looking at him.

The glow of the cigar loomed in the darkness.

"I hope that over the weekend, you will help me organize a party and invite all the bankers on Wall Street who are not yet on our side."

Little Astor nodded, but he hesitated:

"Is Morgan still good?"

"As long as it's not explicitly on the side of the Europeans, it's counted." Chen Jianqiu said.

Given that little Aster's mother was at the top of New York's social circles, it was not a difficult task to assemble a gathering of bankers.

However, due to the panic on Friday, everyone seemed to be in no mood.

For the sake of Mrs. Astor's face, most of them decided to come and participate.

The gathering was arranged in the same location as the previous charity gala.

No drinks and meals, just a few light coffee breaks.

It's more like a meeting than a party.

To everyone's surprise, Mr. John Pierpont Morgan, who claimed to have a severe cold, actually appeared at the scene.

He sat in the last row in a black tweed jacket, and there was no sign of illness on his face, but there was no expression on his face.

And in the face of the bankers who came forward to ask for warmth and homely things, he also dealt with it very simply.

He was joined by his partner, George W. W. Perkins (George), sitting next to him.

In addition to Morgan, the audience was attended by George Baker, the chairman of First National Bank, and James Stillman, president of National City Bank, all prominent Wall Street bankers.

Everyone was quickly seated.

And everyone's eyes quickly focused on the front stage.

As is customary, Mrs. Astor will be the first to show up and give some welcome speech, such as: Everyone eat and drink well today.

Although it is a clichΓ©, it has been heard for a long time, and everyone is used to it.

Today, however, Mrs. Astor does not appear.

Because little Astor didn't tell his mother about the feast, his mother unknowingly became the convener of the party.

In his place, a Chinese man in his thirties.

He stepped onto the stage and came to the round microphone.

Most of the audience knew him.

This person's name is Chen Jianqiu, the owner of Sanjiang Bank, and he is a rising star on Wall Street.

This person saved a handful of the US Treasury with 20 tons of gold, issued gold bonds, and at the same time annoyed the European capital, which led to yesterday's smash.

What is he going to say today?

But Chen Jianqiu was not in a hurry to speak.

He stood with his hands in his hands, his eyes scanning the audience, and remained silent.

Silence is powerful.

Everyone in the audience was swept by his gaze one by one, as if they had been pierced through their bodies and penetrated their hearts.

Unusually, no one whispered, and the hall was surprisingly quiet.

Everyone was waiting for the Chinese in front of them to speak.

Chen Jianqiu spoke.

"This morning, I went downstairs to the shoe store to buy a pair of shoes that fit."

He lowered his head and gestured to the leather shoes on his feet.

"Well, that's it."

"But when I took out the money to make the payment, the owner of the shoe store took out a balance and said to me, 'Sir, can you just pay me the gold?'"

"I asked him strangely: 'Can't I pay dollars?' ”

"The owner of the shoe store smiled and told me, 'Pounds are fine, I'm going to get all my money out of the bank, and if I exchange it for pounds, at least I won't have nothing.' ”

Some people in the audience laughed, but some people didn't.

They know that this may be fake, but if the dollar does collapse, no one on Wall Street will end well except for bears like Belmont.

Chen Jianqiu continued his speech:

"More than 100 years ago, the Founding Fathers of the United States created the country and made them independent from British control; A hundred years later, another group of Brits arrived, but this time, they were armed with invisible butcher knives. ”

"But America is no longer what it used to be."

"Five years ago, it already surpassed the UK in steel production; The sum of its railway lengths is unmatched in the world; But their capital market, in the face of these 'butchers', is timid and does not dare to fight against them. ”

Some of the bankers in the audience were unimpressed, some were solemn, and some were dissatisfied.

After all, not everyone has patriotic feelings.

It may convince some people, but it certainly not all.

Chen Jianqiu observed the expressions of these people in the audience.

He remained silent.

"Do you know why I chose to enter the market yesterday with my money?" Chen Jianqiu looked at the people in the audience.

"Because, I still have 20 million gold on the way, and the people of the Astor family have decided to hand over all the cash flow in their hands to me to buy these high-quality assets."

Chen Jianqiu said very firmly.

"And as far as I know, Mr. Rockefeller is also ready to enter at any time."

The bankers in the audience could no longer sit still.

The relationship between Astor and Chen Jianqiu is well known to everyone, and it does not seem to be fake.

Is it true that Rockefeller is there?

If that's the case, aren't the richest people in the United States ready to enter the market?

While the bankers were still speculating, Morgan, who was sitting in the last row, stood up.

He coughed slightly, then said:

"Mr. Chen is right, Mr. Rockefeller handed over half of the liquidity to me, and together with JPMorgan Bank itself, is ready to buy gold bonds and enter the market."

"We will work with Mr. Chen to do our best to stabilize the market and the dollar, and we will not give up the future of our country to others."

He looked around at the crowd with a calm face.

This is the most prestigious banker on Wall Street, and his words are full of majesty:

"So, what do you think?"

(End of chapter)