Go back in time and be a chaebol

Chapter 1157 The World Behind the Scenes (First Update, Please Subscribe)
Two hours later, a black BMW 600 was driving along the highway along Lake Erie.

Looking at the snow-covered forest and lake outside the window, Jason raised his brows slightly, with a hint of doubt in his heart.

Why are you here?
Shouldn't we go to the steel company in Pittsburgh to discuss cooperation?

Even so, he didn't speak, but Peggy noticed her son's strangeness and explained:
"Cleveland is world-famous for its steel and automobile manufacturing industries. It also has considerable light industries such as oil refining, petrochemicals, metal processing, textiles, and food. Rockefeller's Standard Oil was founded in Cleveland. A street in Cleveland called Euclid Avenue is home to many millionaires who made their fortunes there."

Looking out the window, Peggy explained:
"This is the Cleveland Consortium, which is formed by several wealthy families in the Cleveland area. They used the local rich coal and iron ore resources to start the steel industry, and used the huge profits obtained from the bank to develop the railway and rubber industries. After World War I, the consortium became the eighth largest consortium in the United States. After World War II, with further development, it rose to the sixth largest consortium in the United States. The strength of the Cleveland Consortium is mainly in steel companies. It controls four of the top ten steel companies in the United States: Republic Steel, Lex-Youngstown, Armco Steel and National Steel. Secondly, the Cleveland Consortium also jointly controls the two largest rubber companies in the United States with other consortiums: Goodyear Tire and Rubber Company and Firestone Tire and Rubber Company."

Now Peggy is talking about the behind-the-scenes world of America - there are two worlds in America, one is the well-known America - the world of the president, congressmen and ordinary people in America. This America is the world that ordinary people know, and for most people in the world, it seems that America is this America.

But people don’t know that behind this America, there is another America that manipulates this America - an America controlled by consortiums. These consortiums possess wealth and status beyond people’s imagination, and ordinary people are forever isolated from this world.

Although Peggy and her sister Grace were born into a millionaire family, their father was only a millionaire, nothing more. Compared to them, the Kelly family was just a wealthy country family!

"And the core of the Cleveland Consortium belongs to... the Mellon family!"

Just here the car drove into an estate on the shore of Lake Erie in Cleveland.

As the car drove into the snow-covered manor, Jason looked around. He had certainly heard of the Mellon family. The Mellon family was equivalent to green US dollars in the minds of Americans. They were the masters of the wealth of the United States for nearly a hundred years.

Businesses managed by the Mellon family include Alcoa, Gulf Oil, Armco Steel, Westinghouse Electric, Goodyear Tire & Rubber Company, Pan American, Mellon Bank, Pittsburgh National Bank, General Reinsurance Company...and of course Carnegie University and the National Gallery of Art in Washington.

In addition, the last head of the Mellon family, Andrew Mellon, once served as Secretary of the Treasury. This shrewd Secretary of the Treasury actually made three presidents work for him. In the "Roaring 20s", the US government changed three presidents, Harding, Cramer and Hoover, but did not dare to replace this "great god".

What happened next is well known - the Great Depression of 1929, when the public blamed the economic crisis on Andrew Mellon's tax cuts that had been implemented for many years, although it was later proved that the banker was unjustly accused.

But he paid with his life for it.

Even now, although the Mellon family’s influence is not as great as before, but... Mellon is still Mellon!
Jason, who was studying at Groton School, was no stranger to the Mellon family. He asked as he looked at the manor getting closer and closer.

"So, we are here to discuss business?"

"Steel... is both important and unimportant to them."

Peggy smiled. The car stopped. As soon as it stopped in front of the door, someone opened the door. After she got out of the car, the man said.

"Ma'am, you are welcome."

There was no host to greet him, only others who greeted him in a calm and polite manner. You have to know that Universal Studios is a large company with assets of more than 2 million US dollars, but they are so arrogant.

Peggy didn't think anything of it. With a smile on her face, she walked into the "palace", and Jason followed her.

Soon, she met Paul Mellon, Andrew Mellon's son.

After seeing Peggy, Paul Mellon shrugged his shoulders and said, "I am amazed.
"Ma'am, you should know that I almost never ask about business matters."

"Yes,"

Peggy said after taking a sip of tea.

"Everyone knows that you will only assist Jin in making decisions on important matters as a major shareholder when Jin needs help."

King is Richard King Mellon, the actual head of the Mellon family. He is Andrew Mellon's nephew. Although Paul inherited most of the family's wealth, he lacked interest in managing the entire family business. He was not interested in business and was only interested in horse racing and art.

So, he chose to give up the management rights of the family business and manage the National Art Gallery donated by his father. In fact, most of the time, it was managed by other people and he was just a figurehead.

Therefore, Richard King Mellon became the actual leader of the family. He managed all family affairs, while Paul enjoyed life most of the time.

"so what?"

Paul looked at Peggy with a hint of doubt in his eyes.

"I don't understand why you come here, ma'am."

He had already thoroughly investigated Peggy Kelly's background, and he didn't care about the "Kelly family's millionaire" at all. But he couldn't ignore Universal Studios, because the actual owner of that company was Li Yian.

The President of Nanyang, the King of Sarawak, the owner of the North Borneo Company!

There has never been such a person in this world—wealth and power are concentrated in one person! There is no doubt that the power and wealth he possesses are what all businessmen desire but never get.

Money is like a mansion with a shelf life of only ten years; power is an ancient stone building that can stand for hundreds of years.

Maybe one day, the Mellon family will disappear, but his power and wealth will be passed down from generation to generation!
And what about Peggy?

It's just that his agents and lovers, even his sister Grace, are all Lee's lovers. For the world he lives in, some secrets are not necessarily secrets.

"For cooperation!"

Paige said.

"Jason."

"Ok."

Jason quickly took out a folder from his briefcase, handed it to Paul, and said.

"Mr. Mellon." "Just call me Paul."

Paul smiled as he glanced at the young man in front of him.

He must be Lee's son!

Paul took the folder and unfolded it to take a look. It was a mining report.

There is not a single word of nonsense in the report. The summary of the report is brief and to the point. This is a report on an iron mine, or rather a giant iron mine, where 80% of the reserves are made up of soft limonite on the surface and a hematite layer about 300 meters thick underneath. The grade of the hematite is very high, as high as 66%, and it has a low alumina content and few harmful impurities!

This iron mine is not only rich in iron, but also in manganese, copper, tin, aluminum and even gold.

What surprised him even more was that the estimated reserves of this iron mine exceeded 200 billion tons!

After looking at the report in his hand, Paul leaned back on the sofa and exclaimed.

"Oh my God, this is an iron ore worth tens of billions of dollars... Madam, this is..."

“That’s what I mean by collaboration,”

Putting the teacup in her hand on the table, Peggy smiled and said:
"This iron ore mine is big enough to satisfy the interests of all of us, so I hope we can work together to ensure our common interests."

This iron ore is the iron ore that the company discovered in Brazil. According to the location circled by Li Yian, a helicopter of the company was prospecting in the Amazon rainforest. Because it needed to refuel, it took a lot of effort to find a place to land. The geologists on the helicopter found that the mountain was bare and red - it was full of iron ore.

Later, they realized that as long as there were no trees, there must be iron ore!
However, this iron ore mine with an estimated reserve of over 200 billion tons is definitely not something that Universal Corporation alone can take over. If you try to monopolize the world, you will be killed.

Just like the iron ore in Australia, if it weren't for Margaret, he would never have been able to keep that piece of fat all to himself!
If you keep it all to yourself, you might choke to death!

Li Yian and Peggy were both very clear about this.

Besides, Brazil is America’s backyard!

The United States will not allow Nanyang to take it all to itself, and similarly, the Brazilian government is unwilling to hand over control of the iron ore to a foreign company.

Therefore, after receiving the letter from Li Yian, Peggy was asked to find a partner in the United States, a partner strong enough to influence Washington's decision-making.

If there is a piece of fat meat, one person will choke to death. If there are three people, there will definitely not be enough to share. At most... only two people, and the third person can eat some leftovers on the side.

So, Peggy found the Mellon family.

Because the steel industry is extremely important to the Mellon family!

Closing the file, Paul looked at Peggy and said:

"This should be a foreign iron mine, possibly involving Washington! You are here to seek help, in order to maximize the benefits as much as possible."

Although her intention was exposed, Peggy just smiled and said:

"It is a collaboration. We are all very clear that no matter what, as the owner of the land, we can have absolute controlling rights. There is no doubt about this. The only question is whether the other party is Mellon or the government of another country!"

Paul asked back, looking at the beautiful lady in front of him.

"So, why us?"

Not to mention Paul was very curious, and even Jason was curious. He originally thought that his mother came to discuss the iron ore business, but who would have thought that it was an undeveloped iron ore business.

Although he was somewhat confused, he was very steady since childhood and just looked at his mother without showing any emotion. He seemed to not understand why his mother did this.

Peggy, who was sitting on the sofa, did not answer the other party's question immediately. Instead, she picked up the teacup. While drinking tea, her eyes looked at the fireplace beside her. There were some photo frames on the fireplace. Finally, she looked at one of the photos.

Following her gaze, Paul was stunned when he saw the photo of his daughter. Then he seemed to understand something. He looked at Jason behind Peggy and immediately understood what he meant.

After a moment's thought, Paul immediately laughed and then continued.

"Ma'am, I think I understand! In two days, it will be New Year's Day. I hope you can come here to attend the New Year's party! Everyone in the Mellon family will be there."

What do you understand?
Jason looked at this guy in confusion. Although he didn't know what happened, he could feel that this guy was looking at him! Why was he looking at him?
prom?

In response to Paul's invitation, Peggy smiled and said, she knew that the cooperation was a done deal!

"It's my pleasure."

Jason was still confused until he left, and even when he was getting in the car, he still asked curiously.

“Was the collaboration successful?”

Looking at her confused son beside her, Peggy leaned her head on his shoulder and spoke softly.

“Yes, it worked…and it was a great collaboration!”

At the same time, she gently held her son's hand, okay... problem solved!

(End of this chapter)