1850 American Gold Tycoon.

After the outbreak of the economic crisis, riots occurred in almost all major cities in the east.

Liang Yao, who was far away in San Francisco, could only learn about the situation in the east from telegrams and newspapers.

But from these boring words, Liang Yao could still feel the strong smell of gunpowder and the helplessness of the Buchanan government.

Fortunately, the impact of this economic crisis on the west coast is relatively limited. The west coast has not experienced riots like the east, and still maintains a normal order.

Also, the mainstream population in the west coast is Chinese, and the Chinese are relatively responsible and easier to manage than the Yankees and Dixie in the east.

"Although the economic crisis has not had a fatal impact on California's economy, the situation in the California railroad industry is not optimistic. There are 16 railroad companies whose shares are traded on the San Francisco Exchange. Except for the California Railroad Company, which has a strong share price and a small decline , the remaining 15 railway companies also suffered a large decline.

The railroad association sent me a petition asking California to follow Michigan's example and reach out and take over the railroads.After all, the railroad industry involves more than 5 jobs in the state. "

At the high-level meeting of the California government, Minister of Industry Fair first made a speech.

The railway crisis that broke out a month ago has now affected the banking, agriculture, steel industry, machinery manufacturing, foreign trade and other industries. It has been officially defined by the federal government as an economic crisis, not a simple railway industry crisis.

The responses of the states to the crisis are also the eight immortals crossing the sea to show their talents. Some let it go, some take over the offer, and some even can’t think about it and continue to add money to the railway industry, hoping to raise the stock price of the railway company again, and then stabilize the economy.The way the elites of this era deal with the economic crisis is so unpretentious.

The San Francisco Exchange, the Chinese prefer to call it the Jinshan Exchange, was formed spontaneously in San Francisco in 1853.

Due to the distance between the west coast and the east, and the inconvenient transportation, it is difficult for local banks to meet the financing needs of investors.Therefore, California investors spontaneously established the San Francisco Exchange in San Francisco to meet their investment needs.

If Wall Street is the barometer of the American economy, then the San Francisco Exchange is the barometer of the California economy.

Governor Fremont took over the petition from the Railway Association from Fair. He was dissatisfied with the threatening wording of the petition. He snorted coldly: "Is the Railway Association threatening the government? According to the state law, the government There is no such obligation."

"I don't think they have the guts to do so. It's just that the stock price has fallen for a few days so that they can't speak freely." Secretary of State Ge Wen also frowned and said displeased.

"However, this is a bit embarrassing. When the stock price of the railway company soared, none of these investors thought of the state government, and now they expect the government to come out to wipe their ass."

"I agree with the views of the Governor and the Secretary of State, and what do you think, the Speaker?" Minister of Education Pearlman looked at Liang Yao who had not yet spoken.

There are a lot of bosses here, and Pillman is just a soy sauce character. His influence is already small, not to mention that the discussion is now on economic issues, not education issues.

The major decision in California ultimately depends on the attitudes of three people, that is, the West Coast Chinese Consortium represented by Liang Yao, followed by the Northern State Consortium represented by the Boston Group, whose spokesperson is the former governor and chairman of the Boston Group Robinson, a consortium of southern states represented by Fremont, whose spokesperson is the current Governor Fremont.

As long as these three people can reach a consensus, the resolution can pass.Of course, the Chinese consortium represented by Liang Yao had the greatest say.

Without Liang Yao's nod, even if the representatives of the North-South Consortium reach a consensus, it will be difficult to pass.

After all, in the state assembly, the number of Chinese state members has already exceeded half.

"Thomas, Brother Wu, Strauss, how is the situation in Oregon and Liangzhou?" Liang Yao looked at the three of them and asked them about the situation in Oregon and Liangzhou.

Although this is a high-level meeting in California, California still invited Oregon Governor Wu Yuanhua, Deputy Governor Thomas, and Liangzhou Governor Strauss to attend.

After all, the economy of the entire west coast is closely connected. With the deepening of development, the population of the two states is also increasing. Liang Yao can't help but pay attention to the locomotive of California, while ignoring the existence of the two carriages of Oregon and Liangzhou. the sound of.

Furthermore, except for Thomas who was born in Oregon, Wu Yuanhua and Strauss all came from California, and they are also core members of the California consortium.

"The situation in California is not bad. Except for the railway industry, the impact of this economic crisis on other industries is limited." Wu Yuanhua said.

"There are not many railroad companies in Oregon, only three. These three companies also financed on the San Francisco Exchange. After California implemented an approval system for railroad construction routes, Oregon followed suit."

"Liangzhou is new, and there is no decent railway company in the state. The railway lines in Liangzhou are still in charge of the California Railway Company and the Ohio Railway Company. As long as the problems between Canada and Russia are resolved, Liangzhou's railway problems will naturally be solved." Si Trauss said.

Liang Yao nodded after knowing the situation in Oregon and Liang states: "My opinion is that I don't agree with Michigan, where the government takes over bankrupt and poorly managed railway companies."

"You mean to let it run its own course?" Fair asked.

"It can't be left to fend for itself. After all, it involves more than 5 jobs. Furthermore, we also need to stabilize the stock price of the railway company so that the people and outside investors can maintain confidence in California's economy." Liang Yao shook his head. .

"I'm thinking of a solution that would stabilize the share price of the rail company without penalizing the state government."

In the morning, he met with representatives of Barings Bank and Banque de France, and the representatives of the two banks were also talking to him, asking him about the economic prospects of the west coast region led by California.

At the same time, they also made it clear that in view of the poor economic performance of the United States, Barings Bank and Bank of France have reduced their investment in the eastern region of the United States. As for the west coast region, the two banks are still on the sidelines and have not yet made a final decision.

The two banks, Barings and Banque de France, have deep pockets, and the amount of investment withdrawn from the East must have been considerable.

If nothing else, the money will go back to Europe. After all, the investment environment and business environment in Europe are much better than those in the United States.

Liang Yao doesn't expect to be able to eat all the investment funds withdrawn from the east by European investors, and California and the West Coast don't have such a good appetite and digestion ability, but Liang Yao still has the idea of ​​eating some of it.

The economic development of the entire West Coast needs to continuously pour money into the fuel tank as fuel in order to continue to maintain high economic growth.

Furthermore, investors in the United States and other European investors are one by one. If they hear that Barings and Bank of France have not withdrawn their investment in the West Coast, but have increased their investment in the West Coast, these people will It will also consider transferring the original investment in the eastern region to the west.

If these investments can be absorbed, it will be of great benefit to the California economy.

By then, there will be an economically depressed eastern region on one side and a stable and improving economy on the west coast. The west coast will no longer have to worry about attracting outstanding talents from the eastern region to contribute to the construction of the west coast.

"A solution that can stabilize the stock price of the railway company? And not let the state government suffer?" Ge Wen pulled his bushy beard frantically.

"Where in the world is there such a good thing that has the best of both worlds?"