Chapter 199 Taking advantage of others' danger (third update, please subscribe)
What is the fun of sailors?
Of course it's a woman!

The sailors just left and found their fun—the crowd on the shore crowded in a lot of women early, and there were many women from good families among them. Perhaps their husbands were in the trenches on the front line for The Confederacy fought, but they had to show their faces in order to make ends meet.

Anything brought by the sailors can be sold at a high price, not to mention high-end goods such as silk and lace, even a pair of boots and a bottle of whiskey can be sold at several times the price.

In order to obtain these things, women can be said to show their talents, but what is certain is that they will definitely give their bodies, especially for some pretty women.

Maybe after a night of romance, the sailors would not only sell the goods they brought with them, but also leave some "surprise surprises" for the women.

In the end, though, the sailors would exchange their money for cotton near the wharf—a pound of cotton could be bought for 10 cents here and 80 cents in South China.This is several times the profit.

Two days later, when the ship set off again, everyone returned with a full load.In addition to the captain's "public goods" of more than 160 bales of cotton, even the most ordinary sailors also exchanged for two bales of [-] pounds of cotton.Everyone benefits from smuggling to the South.In the south, a pack of cotton is only worth ten or twenty dollars, and it can be sold for [-] yuan when shipped to Europe. The value of a shipment of cotton can sometimes reach nearly one million dollars!

Cotton is a crop though.

But before the war broke out, the American cotton industry dominated the world.At that time, cotton accounted for 77% of all commodities exported by the United States.90% of British cotton comes from the United States, 92% of French cotton comes from the United States, and [-]% of Russian cotton comes from the United States.Three-quarters of the world's cotton is produced in the United States.

The outbreak of the war and the blockade of the north directly led to a global crisis of cotton raw materials, which not only led to the closure of a large number of cotton textile factories, thousands of people lost their jobs, but also led to a skyrocketing price of cotton.The northern sea blockade was a golden age for cotton merchants, who could make profits and money through speculation.

Jack James was one of the many cotton merchants in London who knew the trade as well as anyone else.Although he was one of the bankrupts in the cotton crisis, when the cotton mills in Manchester went bankrupt, when he stood in front of that gentleman, his already destitute heart beat again.

That is, since then, he has become a trader.As a businessman he never cared where the Hart Trading Company got its American cotton from, but a steady supply of cotton could bring "his" company hundreds of thousands of pounds in sales, but it wasn't his main job.

What is his main business?
Of course, it is in those companies that have gone bankrupt or are on the verge of bankruptcy due to insufficient raw materials, looking for suitable targets, and sending a glimmer of hope to the desperate people-buying their machines.

There is only one problem, that is, those machines must be the latest spinning machines and the latest looms.

The normal way is that he will visit those factories, find an opportunity to interview the owner of that factory, see the situation of the other party, and then make many suggestions to him... This is the normal way.

How can such an approach reveal his ability?
Since the lives of those people are not easy right now, of course they have to take advantage of the danger and lower the price.

"You have to remember that in 1862, the import of raw cotton in the United Kingdom dropped sharply to 4% of the same period before the war due to the naval blockade of the Northern Union Army. Many factories in Manchester, the "cotton manufacturing center", had to be closed because of this. Now , one out of every four factories goes bankrupt or closes down, and we want to keep the prices of factory equipment down as much as possible. Remember, without cotton, their machines are just a pile of scrap iron..."

Smiling at Hansen, James said.

"Not only let them know this, but also let the banking industry know this, and communicate with reporters more, tell them, let them write more news about bankrupt factories, only when the banks call for loans, those factory owners will Bankruptcy, only if they are bankrupt, we can buy those equipment at the price of scrap iron."

After the factory went bankrupt, the equipment that used to be worth tens of thousands of pounds was not even worth a thousand pounds. If no one bought such cheap equipment, it would only end up with a little rust in the factory. In Manchester, many of the past colleagues , I think Jack is a very good guy, at least he saved a lot of people, of course it would be even better if he could sell cotton to them.

But in the UK today, the scarce cotton cannot be bought with money. Whenever the cotton enters the port for customs declaration, those powerful guys will buy all the cotton. Ordinary merchants can only close their doors and go bankrupt. .

"But sir, what are we buying all that equipment for?"

Hansen felt very surprised. In the past two years, they have bought more than [-] yarn frames and a large number of looms.

But even so, the boss is still buying a lot of equipment.

"If those equipment cannot be sold, we will suffer a lot of losses."

"Well, you don't have to worry about it. Our machines never worry about sales, and the "Hart Trading Company" will underwrite those machines..."

When James said this, he didn't know that "Hart Trading Company" was just a shell like his company. There were dozens of similar companies in the UK, and some companies specialized in Engaged in the "transportation" business to the United States, some companies specialize in purchasing various military supplies, some companies sell cotton, and some companies purchase factories.

These companies seem to have no connection on the surface, and even the brightest spies cannot explore the connection between them.At best, it would feel a little strange-many of the machinery and equipment of the bankrupt factories were eventually sold to the American company.

But this is not a big deal at all. After all, American companies buy a lot of machinery and equipment in the UK every year. It is normal for them to buy equipment from bankrupt factories.

What they don't know is that when the British textile merchants fell into the cotton crisis, thanks to the smuggling trade supported by the government, Nanhua had built several large textile factories. The cotton textile factories in the UK could not start production due to insufficient raw materials. Nanhua's cotton cloth and other products have not only begun to be sold to South American countries, but even the shortage of market supply has allowed Nanhua's cotton cloth and cotton textiles to be sold back to Europe, entering the German region, Russia and other markets...

After all, the American company is so far away from Europe that anyone would ignore its existence...

(End of this chapter)

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