Wall Street of the third generation chaebol

Chapter 185

＜ A bizarre cohabitation with England. (2) >

“Dear MPs! Prime Minister Belfour is speaking without knowing anything about the economy!”

British Parliament.

SwordLine

The agenda for the US steel monopoly. And on the issue of steel tariffs, Congress was divided.

Free Tradeism and Protectionism.

Lawmakers from the ruling and opposition parties were filled with excitement, and a bloody debate was unfolding.

A tendon grew on Belfour’s forehead.

“Are you people who promote free trade really thinking about the UK? If the US and German steels are combined, the market share approaches a whopping 70%! We will be mortgaged by Germany! We must get our freedom back!”

freedom.

Belfour spoke about the freedom of price policy in the steel industry. If they were dragged around by the US and Germany like this, the British steel manufacturing industry would all be subordinated to them.

If a steel maker raises the price, they must raise the price by crying mustard. When the price of the steel manufacturing industry rises, the burden on private consumers increases.

inflation rate will rise.

Inflation is coming.

then?

Then the ticket goes down.

“Are you saying that protectionism is right? Of all the evils, selective evil is the most frightening law. There is no such thing as selective freedom! Freedom is freedom! What is freedom if the state controls it! The steel industry will be leash by the government!”

“That’s sophistry! The British government cares about the people’s livelihood even for the sake of votes, but are those ignorant, underserved capitalist Yankees really responsible for your livelihood?

about the price.

“It would be better if prices were raised murderously. At that time, wouldn’t it be better if the British government invested in state-owned assets to build a steel mill! The return on steel is high because the price of steel is high!”

“The US and Germany will take all of the technology and take the lead, so what will you do?”

“Are you worried about technology? Why did the United States and Germany have such technological prowess that they have grown to such a degree? Aren’t we copying our technology and updating it all the time?”

“If we lose all our steel mills, we have to start from the bottom!”

“Why not! Military-industrial complexes like Vickers manufacture their own steel mills! Are you the Prime Minister of the UK?”

about technical skills.

The spear and the shield clashed violently, sparks and sparks erupted.

“Didn’t you see the Baltic Shipping Exchange overturned right now? The steel monopoly can overturn us!”

“Did you say that now? The Prime Minister, who didn’t even know the existence of the non-together, spoke those words now!”

“….no.”

“In the first place, the Commonwealth may lock it down and make a living. Yes, it is possible. Yes, everyone will slowly starve to death!”

The state can suppress the individual.

But isn’t it funny that the state is swayed by that individual?

Why the hell did Britain have to go back decades because of one individual, Detroit Morgan? Can’t we just hold hands and look after each other and eat well and live well?

“Why did we turn to free trade!!!”

side in favor of Vickers.

In fact, the side that had to completely open the steel market through free trade was much more advantageous.

“Free trade is the number one contribution to making the British Empire an empire on which the sun never sets! Prime Minister Belfour, you are denying the proud history of the British Empire!”

Because it was a proven value.

The Belle Epoque and Victorian eras advanced dramatically through free trade.

Conservatives and liberals alike did not disagree on this. Belfour was a disgrace even in the same ruling party.

“Subordination of the steel industry! Good. It’s not bad. It’s not a market where American steel and German steel are bisected anyway. The sound of them raising prices means that international steel prices will rise fairly.”

the price of steel.

Am I the only one going up? all go up

If the subject of the monopoly market raises it, everything goes up.

But turning it the other way around has disastrous results.

“What will happen to the price of steel if we lock down tariffs and protect trade like we do now? Only us, only us!”

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Only UK rises.

When international steel prices fall, only the UK rises.

“There is a veto right, but it’s not an American company after all. Except for Australia!”

You have to have a veto right though.

What if the United States bites its teeth with this judge’s board and starts to quarrel with Britain for hegemony?

What will happen then?

“Does the British government want to get kicked out of the international steelmaking industry right now? While Germany and the United States are spitting out low-cost steel with economies of scale, we’ll just suck our fingers! Why? It’s expensive!”

The British Empire lived on free trade.

But will you be left behind in international steel-related trade? There has never been a moment more humiliating than this.

Belfour groaned.

“We will support the British government with the tariffs collected instead! Isn’t it just a matter of subsidizing a certain amount of the steel manufacturing industry?”

subsidy.

At Belfour’s words, the council descended coldly. Everyone in the House of Representatives looked at Belfour.

Belfour felt a sense of dread for a moment.

The senator, who was refuting Belfour, looked at him in disbelief.

“Belfour, you…”

“…what is it?”

Unpretentious atmosphere.

Belfour felt the back of his neck cool. The senator’s eyes turned in objection.

“Are you a redneck? Are you a socialist?”

“Yes?”

“I should have known from the moment that motherf*cker said it had to intervene! The author of Belfour is a British traitor who will bring Britain to the specter of socialism and communism!”

A ghost roams Europe.

This is a statement of the Communist Party.

A phrase that terrified the British industrial class and revived the nightmare of the old Luddite riots.

From then on, it became a dogfight.

The lawmakers blew up a carpet bombardment of Belfour, framed them with communism and socialism, and frantically bit the ruling opposition.

“Stop…Stop!!!”

Belfour escaped the council.

***

“shit!”

bang-!

Belfour spit out cursing as he walked out of Parliament with a bang.

“What the hell is wrong with those damn bastards! If you’re from the industrial class, shouldn’t you like them if they give you subsidies? Why are you driving them towards communism?

He roughly untie his tie and climbed into the carriage seat. His secretary accompanied him.

widely.

“It seems that Vickers is feeling betrayed. They are biting like crazy dogs because they hit the back of the head with tariffs at a time when the Royal Navy’s budget is insufficient.”

“They say the relationship is already over.”

“Look at the size of Vickers. It is a strong player in the naval shipbuilding business and ate the firearms industry that owns and produces Maxim machine guns. In addition, there are various categories. In the Balkan Peninsula, which is a hot spot now, it jumps and jumps. Not only all over the world.”

The Japanese navy was a prime example.

It has now been disassembled.

“How did it go?”

“You mean the investigation into whether Detroit Morgan had contact with members of the British Parliament?”

“He must have intervened. Otherwise, there would be no reason for me to be under fire like this. What if the same ruling party attacks each other?”

bang-!

Belfour hit the door with his fist and wiped his face.

At this rate, Belfour’s cabinet will end in phase one. How long will a cabinet that is not organized internally last?

“But the Detroit investigation showed that he was still in Germany. He waged an all-out war against the Berlin Palace and Krupp for monopoly on steel.

“Then do they just do that because they hate me?”

“To be precise, it is to stimulate the economy in protectionism. Aren’t those with the industrial class behind them? If you say the steel industry, it is a minority compared to them.”

I’m crazy.

Belfour shook his head.

The specter of Detroit was ruining the British Parliament.

He didn’t even touch it, but Belfour himself just picked the beehive, so he’s self-destructing.

Even a black comedy was a comedy.

“But there is no answer if the steel industry is mortgaged to them. There is a steel industry in Australia, but it’s not owned by the Detroit guy.”

that’s really untouchable.

Doesn’t Downing 10th avenue just because Detroit is scary?

That’s not it.

The problem is with the British Parliament.

If a private enterprise is taken away from the government, it will be from laissez-faire newcomers to dead elders who will jump out of their graves and try to kill themselves.

In laissez-faire, the ‘deprivation’ of private companies was a revolt itself.

If you touch it, Belfour’s political career will be destroyed on the spot.

“Damn it. Isn’t that the only way the siege is blocked front and back?”

“Do you really need to be hostile to the Detroit director?”

“When did I become hostile to him? Be wary. You can’t sit still and suck your fingers because he’s devouring the British economy!”

“By the way, Prime Minister.”

The secretary looked at Belfour.

“The inequality between the rich and the poor is already severe in the British economy. Even if it’s not Detroit Morgan, the big British companies are sucking the people’s livelihood. The middle class that was produced in the heyday of the British Empire is evaporating. Their votes don’t matter who reigns over them. .”

If both are demons.

What is the importance of belonging?

He looked like he was starving.

“In addition, as a result of analyzing the transaction history with Detroit Morgan so far, he has never harmed the British national interest, and he is a businessman who has contributed to the national interest, including the Dreadnought. Rather, it is enough to give him a medal or a knighthood.”

“…..”

“If it weren’t for the Detroit move, would you have known there would be so much coal and iron ore in Australia? It’s true that you pushed him away unnecessarily.”

“But what if he raises it? We might work with Germany to destroy Britain. German steel is also in his hands after all.”

“Prime Minister.”

The secretary paused for a moment.

“The German steel monopoly is owned by the German Investment Corporation. The UK owns the securitization rights of the German Investment Corporation. We also have the non-total rights in Australia.

“……”

“It’s a mistake that we didn’t know this yet. Detroit Morgan is a win-win businessman. We just didn’t realize it.”

The secretary submitted the investigation materials.

“This is an investigation data from the British Foreign Ministry. The Prussian police were caught at the British Embassy in Germany.”

“Prussian Gentchal? Secret police catching political prisoners?”

“Yes, after analyzing the route, it appears that the Detroit director was interrogated.”

“…..!”

“This shows that the Detroit director is completely separated from the German government. He has an anti-German sentiment,” he said.

“……”

“Besides, the Detroit director has given up all his interests with Prussia. He is concentrating on West Germany. One of the main bases is Hanover.”

“…ha. I’m going crazy.”

“He was also attacked by the secret police once in Germany, so he must have changed his mind a bit about the country now.”

Purneung!

The sound of horse hooves pierced the floor along with the harsh Touré. Suddenly, the carriage stopped in front of 1 Downing Street.

The secretary got off the wagon and assisted Belfour.

“Prime Minister, it seems that it is not a bad choice to make peace with Detroit.”

Belfour thought.

Diplomacy is difficult.

The feud with the German camp served as an opportunity to prove Detroit’s ideology.

“But it’s late.”

“It’s your last chance when you’re late.”

“…..”

“Think about it. Colonel Minister Sir Chamberlain, I’ll try to convince you.”

“…..is it.”

Belfour was troubled.

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Originally, it was Belfour, which would have caused the match just by hearing the letter D of Detroit.

However.

I was aware of the existence of the Vito Kwon.

It’s a different story if Detroit was at odds with the German Empire. Especially when it comes to confrontation with the Prussian secret police.

Besides, the United States is a completely neutral country.

Potential Anglo-Saxon, British ally.

“Think about it.”

Belfour entered the palace as it was.

A light was turned on by the window.

That day, the fire in the Prime Minister’s residence was not extinguished, and it was a night of fire.

“…..after.”

Belfour, who had been unable to sleep at night, wiped his blackened face. However, the expression on his face had lessened anxiety.

he decided

“I’ll have to meet the industrialists and have a serious talk.”

perhaps.

You may be wrong.

I thought so.

Follow-!

“Yes, Prime Minister.”

A straight-forward answer came right away, but he couldn’t completely hide his tiredness.

“Secretary, can you come up to the Prime Minister’s office now?

“No. I’ll go up right away.”

“okay.”

hooked.

Belfour leaned back on the soft chair.

“I’ll have to meet Vickers first.”

At least in the field of diplomacy.

Appointed as Salisbury Prime Minister’s successor, Belfour prided himself on not losing to anyone.

“…Always be awake.”

He recited verses from the Gospel of Matthew.

The sun was shining outside the window of the Prime Minister’s office.

“…I’ll have to send embassy staff to Detroit as well.”

***

“I refuse.”

I expelled the British embassy staff who came to my residence.

They looked at me with questionable expressions.

“Ha, but you’re already at odds with the German Empire. Let’s talk with the British government.”

“Oh, I don’t like it.”

I grumbled.

‘Am I crazy?’

Dive into the bombs dotted with CDOs, these guys must have come to assassinate me.

You said you were partnering with the UK, but that doesn’t mean you’re completely on your side.

Let’s be friendly and be a business partner.

please.

“Goodbye.”

rattle.

I locked the door.

“…..uh.”

The British embassy staff left outside the door opened their mouths stupidly.

They were greeted again by the U.S. Secret Service’s rice cakes, who were guarding the entrance from the very beginning.

They stared at the embassy staff with grim faces.

In their eyes, the Prussian secret police and these guys looked the same.

“Are you done with your work?”

The British embassy staff held their breath at the words of the Secret Service agents whose lives grew like thorns.

It felt like if I got hit by a fist the size of a soccer ball, my neck would be twisted.

“…..Yes.”

They were quietly squashed.

The journey to Detroit was long and arduous for Britain, whose trust was once broken.

widely. Tata Tak.

[ report ]

….syncopation….

From Detroit Morgan’s chipmunk and psychological state, it seems certain that he was subjected to intense interrogation by the Prussian secret police. Now is certainly an opportunity to lure him from continental Europe to the British side.

….syncopation….

PS. Further in-depth investigation is needed on the structure of interest in Germany. The UK Treasury wants the necessary personnel to be dispatched to the embassy as soon as possible.

– British Embassy in Germany

A strange relationship with Britain began.

***

Washington DC

White House.

“……”

Roosevelt looked down intently at the papers in front of him. Most of them are documents about Detroit. From the results achieved in the German Empire to the things that have happened in the past.

Information obtained from the State Department was forwarded to the owner of the White House.

“Look, secretary.”

“Yes.”

“Isn’t it time for the current finance minister to retire soon?”

“Yes?”

The secretary rubs her eyes.

Roosevelt creaked his chair and looked out the window. Thousands of thoughts flowed like water in his eyes.

“No, forget it. I was just curious, so I asked.”

“Yes….”

but different from that.

The corners of Roosevelt’s lips rose. and muttered

“America doesn’t throw away talent.”