Wall Street of the third generation chaebol
Chapter 190
< The first work of the Ministry of Finance. (1) >
Venezuela.
As one of the leaders of Central and South America, it was a pretty powerful country that could make a sound with Colombia in the northern part of the South American continent. However, it was a structure in which the dictatorship was in power with all kinds of civil wars, and it was engulfed in endless civil wars.
“Venezuela has declared a moratorium.”
Andean Office of the State Department.
This novel was posted at https://readwn.com
One of the key offices of the State Department responsible for US foreign affairs to the countries along the Andes Mountains.
The State Department, which is focused on the South American continent according to the Monroe Doctrine, the gospel of isolationists, had a lot to worry about.
The secretary general of such a place came to me.
“It’s from 1902.”
“Yeah, last year a dictator named Castro wrecked his boat, but their debt is mostly from England, Germany and Italy.”
Venezuela crisis.
I remember it as one of the most significant events for the United States. It was an incident that set the position of the White House for the next 30 years in the European continent interfering with South America.
Washington DC
Ministry of Finance Office.
My first job as Treasury Secretary was dropped.
To be honest, having to deal with three countries was quite heavy for an average finance minister for the first time.
However, the moratorium was definitely a topic that the Treasury had a lot of room for involvement, and I am a little different from other finance ministers.
Roosevelt’s reaction was curious.
“How did President Roosevelt react?”
It may have been different from the original history.
Teddy, who did not wield anti-trust laws, was quite unknown to me. It was not at all strange to say that the position on the South American continent had changed.
“The White House’s position is unwavering. It has allowed it all, unless the European continent intends to colonize or invade South America’s territories.”
‘This is similar to original love.’
It was a time when Roosevelt’s reasoning came to the fore in earnest, and it was also a time when Roosevelt looked at how the European continent reacted to this reasoning.
I picked up the report. As the case was linked to the State Department, I was also given a detailed report on Venezuela and continental Europe.
‘I remember that the European continent came out pretty tough… But just looking at the report, I can feel that they are trying to avoid friction with the US as much as possible.’
“It’s already in the process of a naval blockade in the Caribbean.”
“Even Britain has not been able to bring out the dreadnoughts because the United States is noticing it. Germany and Britain sent similar naval forces to Venezuela, and Italy also sent a significant amount of force.”
“Twitter. It’s unpleasant.”
“Haha, that’s the reaction of the White House.”
The Caribbean is our sea.
It should be regarded as an area that was firmly declared as the sea of the United States by the last US-War. According to the principle of isolationism, we were thoroughly drawing a line from the old continent, and except for special cases, most of the work was being done in the new continent.
No matter how much the European continent was in danger of losing money through a moratorium, it was unpleasant to push the navy into other people’s seas.
“The important thing is Germany.”
“Germany?”
“Actually, the UK is not that active. According to our State Department intelligence officer, the UK’s intervention is to the end an ‘imitation’ to protect the interests of its own people. .”
“Actually, even Prime Minister Belfour is in quite a crisis. He also cuts swords at the Seward Line because of the tariff issue these days.”
“Are you familiar with it?”
The Andean Secretary General gave a slightly surprised expression.
“From what I’ve heard so far, it seems that you have a level of quality of information comparable to that of our State Department agents.
“It’s an honor for me to become friends with the State Department. You’ve set up a new spy agency inside the State Department, aren’t you?”
“Haha, this is true. You know everything. Well, actually, this is a secret…”
The secretary whispered in my ear.
“There is a move from the State Department and the White House to prepare for the establishment of a new intelligence agency this time. If factors like Mr. Morgan are killed in Prussia, it is a heinous loss to the United States.”
“Are you going to set up a new spy agency for me?”
In fact, the time to trigger the information war was getting closer. The time for Britain to establish a secret intelligence service was getting closer.
In the United States, military intelligence and the State Department were active like the Naval Intelligence Service (ONI), but there was still no department that specialized in information only.
“Yeah, this time around, when it was said that Secretary Morgan was about to be murdered, there are not one or two people who have been bubbly. A lot of donations have been put into Swiss accounts. Lobbyists are putting pressure on them.”
“…President Roosevelt must have become a fish that met water.”
I was able to hang my fingernails on the fact that Roosevelt was one of those bubbly people.
The secretary asked me quietly.
“Secretary Morgan, do you have any ideas for the name of the intelligence service?”
“designation?”
“Yeah, I’d like to get a name for the monumental first spy agency if possible. In fact, it’s a ministry that was established because of Secretary Morgan.”
“Did President Roosevelt ask for it?”
“You have a good eye.”
The secretary grinned.
“Actually, when the new intelligence department is established, it will move very closely with our Andean Secretariat. Of course, East Asian countries such as Europe and Japan are also important, but America’s backyard is Latin America, isn’t it?”
“The Andean Secretariat must have belonged to the Western Hemisphere (Latin America) Secretariat, wasn’t it?”
“Yes, our entire Western Ban Bureau will be linked with the Intelligence Department.”
Latin America is most important to the United States.
First of all, it was a backyard, and under the principle of the Monroe Doctrine, it was nothing more than a table for the imperialist expansionary policy that the United States could actively pursue.
Its influence in South America was so important that it went up to the Cold War in the 1970s.
At that time, the US intelligence agency working on this was… the CIA.
“CIA?”
“Yes? I’m sorry. I couldn’t hear you well.”
“…It’s nothing. I’ll think about the name of the spy department and give it to you later.”
“Please as soon as possible.”
“okay.”
Anyway, it was quite surprising.
I thought that my first job would be a Banana Republic like Honduras, but Venezuela. But the moratorium was the realm of the economy, and given the size of Venezuela, it was one of the countries the United States had to pay attention to.
I get it.
The Andean secretary became serious.
“The problem is Germany. The economic power in Venezuela is in the hands of the Germans, especially in Krupp, which owns the Great Venezuelan Railway.”
“…If state-owned enterprises are in this area, it will be a bit of a headache.”
hard.
For a moment, I sharpened my teeth without realizing it.
But it didn’t feel bad. Because an unintended opportunity rolled in.
The opportunity to break the German-made plate and throw a big taffy into the face of Germany at the decisive moment came back to me.
“Yes, our State Department suffers from dealing with the Germans. But the funny thing is that even the Germans are watching the British.”
The advantages are similar to the original history.
Well, even if I intervened, it wasn’t moving so violently as to change the major European landscape.
But thinking about it now that Germany is paying attention, it was quite funny.
“You crazy Prussian bastards, I knew it was nunchi.”
“…First of all, Germany is also a country that does diplomacy. Besides, it is precisely the US’s point of view. Germany came in with Britain as a shield to avoid the anger of the US.”
“The Great White Fleet.”
“The Great White Fleet is also a problem, but that’s it. They know well that they’re the ones who crash in America’s backyard. The Caribbean is narrow and the Atlantic is wide.”
In other words, we are closer and the projection power is higher.
The US is still neutral.
Venezuela pretended to be crazy and declared a moratorium, and Britain, who had little willpower, was led by Germany to impose a naval blockade on Venezuela.
Germany has Britain as a shield.
Italy…what are you doing in Italy?
“But why are you still doing it?”
As I recall, it was an issue that should have been finalized in February of this year.
The Andean secretary-general stared at me as if he was talking nonsense.
I pointed my finger at me.
“Is it because of me?”
“Didn’t you play chicken games with steel?”
“Aha.”
I understood.
“It doesn’t matter whose side you take.”
“There is no need to side with anyone. It is the role of the United States as a ‘neutral country’ to control both sides with neutrality.”
“Um… that’s right.”
Neutrality doesn’t necessarily mean that we’re just saying neutrality.
If the other person makes a mistake, it should be dealt with fairly.
Besides, it’s not Venezuela.
“It’s a different story if the Congo is falling.”
This novel was posted at https://readwn.com
Oil.
Venezuela… At this point, it was an oil-producing country with no wells discovered.
“The Andean Secretary General.”
“Yes, Minister.”
“Go to your State Department and ask Britain and Germany if they can deliver the debt. In order, Britain and Germany.”
“Ah! The UK wants to get out of the way, so if we get rid of the UK first, Germany will take over the debt and retreat.”
Would you sit in the backyard of America saying that Germany is crazy when Britain withdraws?
Since they don’t even have dreadnoughts in the navy, if you go to the Great White Fleet organized with dreadnoughts, you’re going to go for a long run. There’s nothing good about touching a neutral country.
‘I wonder what the face will look like when oil explodes in Venezuela in the future.’
We’re not going to dig Venezuela’s oil right now.
You have to burn it at the most important moment in time. If you dig for oil right now, you will only get a check. But… what would Germany look like if, for example, oil exploded in Venezuela after the outbreak of World War II?
As I imagined it, the corners of my lips trembled, unable to hold back my laughter.
“Then the US could take away all the debts of both countries.”
“Wow, that’s how it works.”
Bonds subject to a moratorium.
This is a bond that can be delivered at a bargain price. Not even a junk bond, but literally a piece of tissue paper and garbage itself. However, since it is money that can be obtained if the state intervenes, it will not be completely cheap.
‘Still…it’s cheap.’
Compared to oil, it’s a piece of gum.
I smiled at the thought of taking over the debt and taking the oil to my land instead.
“ah.”
“Something?”
“Come to think of it, I have one more piece of information from the State Department’s intelligence service.”
“Well?”
The Andean Secretary-General handed me a business card.
“The British finance minister is already at the US embassy. The German finance minister is also planning a visit to the US.”
“Are you saying I’m coming?”
“Wouldn’t that be faster?”
“So is it.”
The British finance minister is Robert.
A member of the anti-Belfour faction. A strong ally for me. I took the business card and turned it over to see that it was Robert.
“I have a feeling that things will work out.”
A smile spread across my lips.
***
“Leave it all to me, you bastard Belfour.”
British Embassy in the United States.
British Treasury Secretary Robert was biting his nails in a very impatient state.
The Belfour cabinet suddenly overturned its argument as if turning the palm of one’s hand, and began negotiating toward the elimination of tariffs.
Although they claim that their own steel is not weak enough to be swayed by American steel, the bottom line is that they want to maintain good relations with the United States.
“The guardian of balance is the horn.”
Values pursued by the British Foreign Ministry.
It is the guardian of European balance. Like Napoleon’s France, that damn foreign policy of preventing a nation from popping out and sweeping Europe and trying to coexist in Europe for the sake of peace made people tired.
Robert was also an ardent devotee at first, but after working with Morgan he woke up.
In the long run, it changed after seeing Britain slowly declining and Germany moving forward.
“You have to be friendly with America.”
The Anglo-French negotiations have not yet been formally negotiated, and formally the great isolation has not yet been broken.
Although Britain was externally neutral and was a protector of European balance. The inside is different.
Gradually, the stamina to withstand the huge empire was waning, and the colonies were eating away at the stamina of the British Empire.
Under these circumstances, friendship with the United States was essential.
smart.
“Secretary Robert. Secretary Morgan made an unofficial visit. Will you listen?”
The 1st Financial Sutra (The Tripitaka Koreana).
When Salisbury’s cabinet came down and Belfour’s cabinet came in, Belfour had succeeded to the first financial rigidity.
As a result, Robert still remained as Treasury Secretary. The actual work was actually taken over by the Minister of Finance.
“Take it in.”
As soon as he finished speaking, the door opened and Secretary Morgan walked in. As Treasury Secretary, Robert received Morgan in a full-fledged black suit and felt the pressure of his heart tightening.
Still, the United States came in on the shoulder of the monstrous man.
Robert’s eyes trembled.
“It’s been a while. Secretary Robert.”
“…Secretary Morgan has come all the way to a high place. It’s an American blessing.”
“Haha, no.”
would be slaves
Morgan’s muttering voices were barely audible.
Secretary Robert tilted his head and placed his hand on the desk.
“I heard that you are visiting about Venezuela. We, the UK, also had trouble with Venezuela, but I thought it was going well.”
“Can I say that out loud?”
“…Do you think I’ve known Secretary Morgan for years? I know that this is a way of life.”
Robert wanted to live thin and long.
I knew that even if I hid it, it was meaningless in front of this man.
“Then let’s get rid of all the useless rhetoric and get straight to the point. We, the US, have one standpoint. Get out of our backyard right now.”
“I thought so. But, as long as the British people’s debt is a moratorium, we have no choice but to pick up the ships of Venezuela.”
“I know.”
“then?”
Secretary Robert raised an eyebrow.
Secretary Morgan raised a finger.
“If the reason I can’t leave the US backyard is because of debt, I will take over it from the New York Bank through our Treasury Department. There are some large banks that need a loan from Venezuela.”
“A moratorium loan?”
“As you know, establishing a pro-US government is not that difficult. If you eat cake with dictators in moderation, you will naturally become brothers and sisters.”
“…Plantation.”
Robert furrowed his eyebrows.
Because American plantations were famous. Sugar plantations in the Caribbean and banana plantations in Guatemala and Honduras. Del Monte in the Philippines and Dole in Hawaii.
“Well, that’s the thing.”
Secretary Morgan shrugged.
“I need land for the Banana Republic, no plantation. I plan to use the moratorium fan as a weapon to pluck some land.”
front and back fit
A vast land was required for the plantation, and for this purpose, it seemed too natural for the United States to take the moratorium debt.
But something.
Robert felt he was missing something. However, those worries were soon dispelled.
“Venezuela’s debt… will you hand it over to us?”
The worries were brief.
After all, the takeover of debt is not something that can be done in a single day, and creditors and banks in the United States and the United Kingdom have to meet and make various adjustments.
This novel was posted at https://readwn.com
Of course, even if Robert accepts it now, there are many opportunities to correct it, as it is necessary to elicit consultations between the foreign ministry of both countries, and if it goes wrong, it will have to be passed by the parliament.
“Once we get into full-fledged negotiations, the process is going to be pretty complicated. Secretary Morgan.”
“You wouldn’t have suggested it without knowing that. But the business owners will want to pay off the debt as soon as possible. It will be a form of taking on all the debt once we have it, and if the cash flow is blocked, you will go bankrupt.”
“Hmm…”
it makes sense
Robert thought. Anyway, it’s faster to get things right and get things fixed than to get your head broken after trying to figure out the big picture of Secretary Morgan.
Robert shrugged.
“…our UK Treasury accepts the negotiation proposal. We will set up a separate room for you.”
“It’s nice to talk quickly.”
“But the British business is not over yet.”
Treasury Secretary Robert handed the black case.
“This is a report on imperial Russia. When this Venezuelan case is finished, we will discuss this in detail.”
< The first work of the Ministry of Finance. (1) > end
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