After receiving the telegram from Oppenheimer, Chen Muwu's first reaction was that this guy was "forcing the palace" to himself.

Otherwise, why would Oppenheimer, who should have been at the University of Chicago in Illinois, send this telegram to himself from New York?

Although Oppenheimer's home is indeed in New York, there is no reason why he could leave his job without permission.

At this moment, Chen Muwu could only think of one situation, that is, after Oppenheimer learned the news that he had officially opened at Prince College in Stockholm, he resolutely decided to resign despite his previous dissuasion.

He wanted to "cook raw rice and cook rice", and his departure from the University of Chicago was an established fact, forcing himself to hire him as a professor at Prince College.

Although he doesn't approve of Oppenheimer's approach in this matter, he has a very good relationship with himself after all, what can Chen Muwu do?

Forgive him, of course!

Chen Muwu had already drawn up a letter of appointment in his mind to hire Oppenheimer as a professor at Prince College of Stockholm, and felt that he would send him the telegram after reading it.

However, the content of this telegraph really surprised Chen Muwu.

Dare to feel that everything he thought about before went wrong, whether Oppenheimer left Chicago or went to New York this time, what he did was completely different from what Chen Muwu imagined.

Oppenheimer was still very obedient, he did not resign from the University of Chicago at all, and the content of the telegram did not express his intention to come to the prince's college to take up a teaching position.

In addition to congratulating the opening of Prince College, Oppenheimer wrote another thing in the telegram.

Oppenheimer's family, in New York, the world's largest metropolis, is not the top family, but it can also be regarded as the upper class.

Newspapers in the United States reported that when the Prince College founded by Chen Muwu in Stockholm officially opened, Oppenheimer's father, Oppenheimer Sr., found out a piece of news from all sides.

That is, the Bank of England, which is the Bank of China in the United Kingdom, is ready to raise the discount rate by one percentage point, from 4.5 percent to 5.5 percent.

And the Federal Reserve is about to warn the American public that "the country's credit is being absorbed too much by speculative lending."

For the U.S. financial industry, these two pieces of news seem to be internal and external, and it looks like the Dow Jones index is about to usher in a big fall.

Oppenheimer Sr. knew that his son had invested a lot of money in the New York Stock Exchange, so he passed the news from New York to Illinois through a telephone line.

Oppenheimer, who received the call, took the train from Chicago back to New York as soon as possible.

He does hold hundreds of thousands of dollars in NYSE stocks, but these stocks are not his own, but are held by Chen Muwu.

If it was Oppenheimer's own stock, according to his ideas, he might have lost a loss.

But such a large sum of money belongs to Chen Muwu after all, even if it is only a percentage point loss, it will be a loss of tens of thousands of dollars.

Therefore, Oppenheimer sent an urgent telegram from the United States, telling Chen Muwu in Europe all the news he knew and telling it.

That's why his telegrams came from New York, not from Chicago, where the university is located.

Chen Muwu looked at the telegram in his hand, and then at the calendar on his desk.

On the large date, the year and month of the day are marked -

"Feb, 1929" (February 1929).

What should come will always come.

The 1928 U.S. presidential election should be the largest gap in the history of U.S. presidential elections, whether it was, is, or will be.

Republican candidate Hubert Hoover received fifty-eight percent of the public vote, while his opponent, Democrat Alfred Smith, received forty percent of the public vote.

Of course, the presidential election system in the United States stipulates that the final decision on the presidential candidate is not based on the number of public votes, but on the number of electoral votes.

In terms of the number of electoral votes, Hoover rode the dust, winning 444 electoral votes.

Smith's electoral votes were a measly eighty-seven.

Compared with Smith, a Catholic and veteran politician from a big city, Hoover's image is indeed much more accessible to the people.

He was nothing more than a poor boy from Iowa, who later worked his own way to become an engineer and a businessman, a typical representative of the "American Dream".

At this moment, Hoover has not yet been sworn in as the thirty-first president of the United States of America.

But everyone is following the example of the incoming president, dreaming that they can get rich overnight.

Americans have the confidence to dream this kind of thing.

Because during the term of office of the current President Coolidge, the whole United States was in an atmosphere of singing and dancing, whether it was the bureaucrats and politicians at the top, the middle class, and the toiling masses at the bottom of the society, all of them believed that their country was getting better and better.

Now if someone were to recall the famous proverb, "Mellon pulled the whistle, Hoover rang the bell, the Wall Street gave the signal, and the country went to hell!" (Mellon blows his whistle and Hoover rings the bell.) Wall Street sends a signal that America is rushing to hell! It is estimated that everyone will think that this person has a problem with his brain.

The United States is on the broad road of capitalism, how can it rush to hell?

The year 1929 was the beginning of the famous Great Depression.

At the beginning of 29, he received a telegram from Oppenheimer from New York, which really startled Chen Muwu.

Is this "the mountain rain is coming, the wind is full of buildings"?

He made a pot of tea, calmed himself down, and felt that this matter seemed to have come a little earlier.

Although he can't remember the specific time of the Dow Jones index crash on the New York Stock Exchange, Chen Muwu knew that it should be in October of 29, and there is still more than half a year before now.

This time, the Bank of England, the central bank of the United Kingdom, adjusted the discount rate by one percentage point, which should only be a crooked blow.

In the next six months, the Dow Jones index will continue to soar, plunging the entire US stock market, and indeed the entire United States, into a state of madness.

Otherwise, how could there be an urban legend produced during the Great Depression, saying that when the American oil magnate Rockefeller Sr. was shining shoes on the side of the road, he heard that a shoe-shining child laborer would recommend a stock that would make a profit, so it led to the old Rockefeller ordering all the stocks held by the company to be liquidated, and not a single stock was left?

Thinking of this, after confirming that it was not because of his appearance that the Great Depression came early, Chen Muwu finally felt relieved.

Chen Muwu immediately sent a reply to Oppenheimer, who was waiting in New York and was more anxious than himself.

The content of the telegram is very simple, one is to tell the other party not to panic, this is just a technical adjustment;

The second is to let Oppenheimer consider continuing to buy stocks on the New York Stock Exchange if he has spare money on hand;

The third is to ask him to continue teaching at the University of Chicago for a semester or a year, and then let him come to Prince's College in Stockholm as a teacher after he has settled down completely.

Now that the first phase of the Prince's College has been completed, and the students and teachers have all arrived, the school will officially open after the 1929 Lunar New Year.

In fact, Chen Muwu has his own selfishness in the third article of the telegram.

He wanted Oppenheimer to be in the United States, until the Great Depression broke out, and he was in Stockholm to command remotely, so that Oppenheimer could sell the stock in time and bring the leek money he got from the United States back to Prince College to support the construction of the school.

Therefore, Chen Muwu also told Oppenheimer that the current US stocks can be copied from the bottom, and even how to copy them.

However, Chen Muwu himself did not send the money to the United States again, and asked Oppenheimer to help him make a copy.

This is because at present, relying on the continuous inflow of small shares in the early stage, coupled with the fact that the US stock market has been stable and upward in recent years, and he has selected blue-chip high-performance stocks of large companies, Chen Muwu's stock account has slowly accumulated hundreds of thousands of dollars of wealth.

He estimated that he would be able to raise the value of his account on the New York Stock Exchange to more than $1 million by relying on the great bull market in the first half of 1929.

The figure of one million dollars is not too big to say small.

In 1929, 99 percent of the people in the United States could not earn such a sum of money in their hard lives.

But compared to the total market capitalization of the New York Stock Exchange, which is measured in tens of billions, the million dollar does not seem to be very good.

With Oppenheimer's family connections, he should have no problem transferring such a sum of money from the United States to Sweden.

But if the value is larger, the Oppenheimer family should not be able to do anything.

After all, the old men from the IRS are the most powerful people in the United States.

Chen Muwu does not plan to buy the U.S. stock market through Oppenheimer, which does not mean that Chen Muwu does not plan to buy the U.S. stock market.

The Oppenheimer family's energy is not enough, and he can still rely on the power of other families.

So after replying the telegram to Oppenheimer in New York, Chen Muwu called again and invited the little Marcus of the Wallenberg family.

Prince College is the latest building in Stockholm, and the surrounding facilities are also improving.

Like the Crown Prince of Sweden, Marcus Jr. also asked for an office at the Prince's College, and his position in the school was that of the president.

The reason why Marcus Jr. wants an office is not that he also wants to be like the Crown Prince of Sweden, or to take a picture of the future King of Sweden and participate in the study of Sinology at the Prince's College.

In fact, it is because the tasks assigned to him by the Wallenberg family are basically related to Professor Chen of the Prince's College.

And the Wallenberg family did follow Chen Muwu's advice and gained a lot of wealth in many businesses.

So in order to be able to communicate with Chen Muwu more conveniently and quickly, and to be a good communicator between Chen Muwu and his family, Marcus Jr. moved his office to the Prince's College.

After receiving a call from Chen Muwu, Marcus Jr. rushed to the other party's office within a few minutes.

After listening to what Chen Muwu proposed, Marcus Jr. frowned.

Because the business suggestions that Chen Muwu gave before that can make a lot of profits are all related industries, such as letting Ericsson go to Sulian to develop communication business, and producing Volvo cars with high safety performance in Sweden.

This is the first time that Marcus Jr. has heard that Chen Muwu wants to enter the financial industry or the U.S. stock market.

"Dr. Chen, is this reliable?"

Chen Muwu did not show Marcus Jr. his stock account, nor did he draw a big pie for the other party, saying that the U.S. stock market would definitely make money.

He only made a request to the other party, that is, to buy a large amount of Dow Jones stock through the door of the Wallenberg family.

Chen Muwu not only emptied all his assets, but also proposed to pledge all his shares in various cooperation to the Wallenberg family, which were converted into US dollars and invested in the stock market.

Chen Muwu's stud courage made little Marcus stunned.

His first reaction was that he couldn't agree to Chen Muwu's request without authorization, after all, this was not a small amount.

Marcus Jr. had the heart to report this matter to the family as usual.

But he also thought that the family had let him be responsible for docking with Chen Muwu's side, just to investigate and cultivate his ability and prepare for the future succession.

If you have to report everything to the family, wouldn't it be easy for others to look down on you?

Thinking of this, Marcus Jr. has already decided that this time he will sacrifice his life to accompany the gentleman.

Chen Muwu has already bet his entire net worth on the stock market, so what are he afraid of.

Marcus Jr. still reported the matter to the family, but he only said that Chen Muwu wanted to mortgage his own shares in various properties that the Wallenberg family worked with.

The amount of money is not small at all, and even if Marcus Jr. agrees to mortgage it, he will not be able to come up with that much money himself.

After listening to Chen Muwu's financial plan reported by Marcus Jr., the Wallenberg family only felt that Dr. Chen, who came from China, was finally going to make a big moth this time.

There is a proverb that says, "You can't put all your eggs in the same basket."

Chen Muwu threw all his money into the stock market, isn't he afraid of a complete earthquake in the US stock market?

Although they were worried about the success of Chen Muwu's story plan, the Wallenberg family did not jump out to stop him.

Everyone is just a business partner, and if Chen Muwu fights for nothing in the storm of the US stock market, he will just be able to embezzle his shares.

So instead of stopping it, the Wallenberg family gave Marcus Jr. 100,000 US dollars, allowing him to symbolically follow Chen Muwu.

(End of chapter)