1850 American Gold Tycoon.

Chapter 505
Without any extra words, Liang Yao took a deep breath and was mentally prepared to open the second envelope.

"This is not an urgent message. This is a telegram that Zeiss asked me to drop by when I passed by the telegraph office."

Although Sven has not opened and read the urgent letter he sent, judging from Liang Yao's expression, he has already guessed the content of the urgent letter just now.

Since June, the British East India Company has repeatedly provoked Umbrella's merchant ships in Southeast Asia and the South China Sea. This is nothing new.

"Where's Cai Si? Why didn't he deliver it himself?" Liang Yao nodded lightly.

"I asked the same question. He said that the call was urgent and the message was long, and many of the contents were too obscure. You may not be satisfied with the contents translated by those operators." Sven replied.

The content of the second letter took Liang Yao by surprise. On November 1856, 11, the day before yesterday, the news of the resignation of the president of the Michigan Central Railway Company, Li Field, spread like wildfire.

When the market opened yesterday, the stock price of the Michigan Central Railway plummeted. Today, the Michigan Central Railway Company quickly declared bankruptcy, and the railway company requested the government to take over.

It was the first major railroad in the United States to declare bankruptcy since the Land Grant Act of 1850.

Litchfield's departure and the bankruptcy of the Michigan Central Railroad became the straw that crushed the market's expectations of a boom in the railroad industry.

In the past two days, the stock market on Wall Street has been devastated, and the stock prices of all railway companies have fallen sharply. Even the Atlantic Railway Company, the New York Central Railway Company, and the Illinois Railway Company, which are operating well, have not been spared.

It's just that the decline of these three railway companies is much smaller than that of other railway companies.

"The game of drumming and passing flowers is finally unplayable."

After reading it, Liang Yao handed the telegram to Vanderbilt, and at the same time turned his head and said to Sven.

"Sven, you go to the living room and sit down first, we will talk about things later."

"Yes." Sven agreed and retreated.

"Fortunately, this bunch of flowers didn't reach us. We are not the unlucky ones. I think I will receive similar telegrams soon." Vanderbilt said enviously.

"Your people are much more efficient than mine."

Rao has been ups and downs in the business world for decades, and Vanderbilt, who has experienced strong winds and waves, couldn't help being terrified after seeing the contents of this telegram.

Vanderbilt is very thankful that he made a decisive judgment and sold the funds invested in the railroad industry in advance, drawing out 1600 million US dollars.

Otherwise, it is uncertain whether the 1600 million US dollars can be left with 600 million US dollars.

Thinking of this, Vanderbilt felt a little bit like he was surviving a disaster.

Liang Yao, on the other hand, fell into deep thought. He was mentally prepared for the railway crisis and the subsequent economic crisis.

It's just that the time for the crisis to come is not a little bit earlier.

Historically, this incident should have happened in late August 1857, and now the crisis broke out a full nine months earlier.

The sudden crisis still disturbed Liang Yao's mind, making him feel in a hurry.

Could it be that the flapping wings of this butterfly caused a tornado in the American financial market in advance?

"what are you thinking about?"

Seeing Liang Yao in a daze, Vanderbilt couldn't help but speak.

"Isn't this incident within your expectations? I really should thank you very much, otherwise the painstaking efforts of the past few years would be cheap to the damn Europeans."

"It's expected, but not completely expected." Liang Yao said with folded hands.

The outbreak of the economic crisis was within his expectation, but the timing of the outbreak was not within Liang Yao's expectation.

"I have lived for most of my life, and I have not experienced the economic crisis once or twice. The economic crisis is like God's curse on America." Vanderbilt sighed.

"This time, European hot money is withdrawing from the American market faster than the female ticket holders who have finished. This is the first time in history, I always feel."

As a capitalist with a keen sense of smell, he certainly knows better than anyone else what the economic crisis means.

"It's not that European hot money is withdrawing quickly, but that the United States has absorbed too much European hot money in the past few years." Liang Yao said very calmly.

"In the past few years, the situation in Europe was turbulent, the British economy was in a downturn, the political situation in France was unstable, the strike movement in Germany was in full swing, and there was the powder keg of Crimea. Therefore, although the credit of the United States is very bad in Europe, there are still many European capitalists who are willing to Come to the United States to invest and give it a go. Capital always seeks profit.”

Vanderbilt thought for a moment and nodded in approval.

After the end of the Crimean War, the situation in major European countries has stabilized. In contrast, the United States is now more like a powder keg, and the return of capital to the European continent is the general trend.

If he were a European capitalist, he would also choose to withdraw his investment in the United States.

"I just don't know how many years it will take for this crisis to pass? Three years? Or five years?" Vanderbilt thought seriously, then asked.

"In this general election, California gave all the votes to the Democrats."

"You want to ask me, can the new President Buchanan reverse the economic situation within one term?" Liang Yao saw what Vanderbilt was thinking.

"Smart man, tell me." Vanderbilt laughed.

"Who knows what will happen in the future." Liang Yao shook his head, "However, I think the chances of Mr. Buchanan being re-elected are slim."

"Hey." Vanderbilt sighed.

"This economic crisis is a crisis for the East, but it is an opportunity for California and even the West Coast."

"Want to hear a story?" Liang Yao asked.

"I want to hear it, but the story should be simpler. I really can't stand you Chinese, you always talk around the bush, and you have to appear to be very educated." Vanderbilt said with a sip of his wine.

Vanderbilt is a wealthy businessman in New York. He has often dealt with Chinese businessmen in recent years, and he can write a book about the Chinese allusions he heard from Chinese businessmen.

"Under an overturned nest, there are no intact eggs? Under an overturned nest, there will be no intact eggs. The economic crisis in the east is beneficial to California in the short term, but in the long run, it will be difficult for California to survive alone." .” Liang Yao said.

"Perhaps you think that when the economic crisis breaks out, a lot of capital from the east will flood into the west coast for safety. In fact, it's not always true. The prosperous and developed continent is more attractive to them. What's more, the emperor spent a lot of money to attract investment this time."

California's industrialization has indeed made considerable achievements in recent years, but with California's current strength, it still cannot exist independently of the United States.

Liang Yao still knew this point in his heart.

In all fairness, he hopes that Buchanan can ease the situation in the country, which will buy him more time.

The economic crisis that broke out in advance also sounded the alarm for him.

Since the economic crisis can break out in advance, it shows that his appearance has more or less affected the course of history.If the economic crisis can break out in advance, there is no guarantee that other things will also break out in advance. There is not much time left for him, so he must be prepared.

"I see that your complexion was not very good when you read the first letter just now. What trouble did you encounter?" Vanderbilt thought of Liang Yao's froze expression when he saw the urgent letter delivered by Sven.

He seldom saw this kind of expression on Liang Yao's face. He thought Liang Yao had encountered some difficult things.

"Speaking of which, it's the matter of Umbrella Company. It's indeed a bit tricky, but that's all." Liang Yao said.

"Indeed, Umbrella is just the tip of the iceberg of your industry," Vanderbilt said.

(End of this chapter)