Wall Street of the third generation chaebol

＜ War Bonds. (2) >

[We, and the United States, should be reminded. The disgrace of the day before the White House burned to the European army.]

[Cold Democrats, ‘We’ll just burn Spain, we’ll burn it and we’ll burn it again.’]

[White House spokesperson. ‘The tragedy at the Port of Charleston is an unforgivable atrocity. Spain must pay the price.’]

[Remember Port Charleston! America, be angry.]

– Washington Post

Capitol Hill.

US Capitol.

“Sir Lodge, as expected, Democrats are screaming for war and running rampant.”

“Democrats, they shouted that we shouldn’t go to war, and then they go crazy because their front yard has been burned once.”

After the Port of Charleston was bombarded, South Carolina was overturned.

Charleston is the largest city in South Carolina.

The shores of such an iconic city were burned down.

“It’s more like a Democratic Party garden. South Carolina, in particular, was the first state to leave the Union even during the Civil War.”

“However, the damage to the civilian population is not as great as it seems. “Only part of the front lines facing the coast have been burned, and the state will provide funding.”

The 4th Corps’ ambush forces dug trenches and placed machine guns in advance, so they slaughtered all the landing Spanish Marines like meat grinders.

The Camara Fleet was completely surrounded by the USS Iowa and the USS Oregon and was sunk.

However, the eyes of Charleston Harbor and the Democratic Party were more focused on the flaming Port of Charleston than on this victory.

“The Democrats are calling for an all-out war with the Spanish Empire.”

“…even though it was meant to be like this, the Detroit advisor’s medicine works so well. An all-out war is never allowed. We have to take him to the limited play somehow!”

All-out warfare and limited warfare.

Total mobilization order and partial mobilization order.

The Democratic Party, who was crying out for anti-war public opinion, was even showing madness, saying that Spain should be burned with a tear in their eyes.

In particular, members of the Senate and House of Representatives from South Carolina rushed in with foam in their mouths.

But I couldn’t.

“No. never will If the U.S. went to an all-out war now, U.S. development would be delayed by 50 years.”

Why has the United States been so far away from isolationism? Wasn’t it a symbol of trying to make money by selling things away from Europe’s arena?

Thus, the national power of the United States jumped dramatically during the 19th century, but now it cannot be set back.

The lodge’s eyes shone sharply.

“The Democrats are also running wild like that because of their performances for the voters. The fact that voters are concentrated on the East Coast is more serious on the Republican side.”

At best, the South Carolina legislators would be sincere. They had their front yard on fire.

“Today’s Senate agenda was Emergency Budget.”

“Yeah, I think we’ll have to hold an all-night meeting in the Senate today.”

“It will be the same for the House of Representatives. How much is the Democratic Party crying out for in the budget?”

“They say we have to print 100 billion dollars.”

“Even bullshit is an art. If it really does pass 100 billion dollars, the mouth of the Detroit advisor will be ripped apart.”

Sorry, but not 100 billion dollars.

The estimated amount that JPMorgan Bank will hold and shake is $74 billion. And that’s about a quarter of the US economy.

In short, Democrats are saying that 30% of the US economy should be turned into war.

It’s going to be an all-out war.

“It’s absolutely limitless. The draft law should limit the scope as much as possible, and the economic law should also reduce the amount as much as possible. We only ate the Caribbean and the Pacific, we didn’t even have to eat the Iberian Peninsula.”

You cannot drink the Holy Grail with poison.

If you put the American flag on the Iberian Peninsula, European powers will rush at you with foam in your mouth. The United States is walking a tightrope with them, and should take this opportunity to increase its naval power and seize maritime supremacy.

All European powers were looking at America.

“In other words, this is a golden opportunity to steadfastly prove American isolationism.”

Detroit Advisory.

You put an absurd burden on the Republicans.

From now on, it is clear that Democratic lawmakers will obstruct the proceedings with filibusters, so you should think of the meeting as an all-night meeting today.

But as soon as they entered the Capitol, it was their job as Republicans.

profit-

I grabbed the door handle and opened the entrance to the Capitol, and the scorching heat from the inside hit my face. Tired faces were facing each other, pointing and shouting.

I was already starting to get tired.

click! click! click!

“……Go in.”

The Lodge entered the Senate with the following members of the House of Representatives.

***

[ 134 hours, dramatically concluded emergency budget ]

[ Final amount agreed to be $15 billion, 5% of the U.S. economy. Unanimous with the exception of three abstentions from the Senate and five abstentions from the House of Representatives. ]

– The Wall Street Journal.

widely-

I folded the awning and threw it on the desk.

“15 billion dollars is awesome. The New York Ordnance Bureau, Federal Steel, and the Newport News Shipyard. How many orders can you get?”

No, the war bonds to be issued alone would exceed $10 billion. What the hell is that fee?

Even if it’s 0.1%, 10 million dollars just sit there and roll in.

Federal Steel was able to meet the navy’s steel demand.

The Newport News shipyards provide military needs.

The New York Ordnance Agency meets the needs of the US Department of War.

Detroit Investment Bank issued bonds.

Coca-Colas to give as a bonus.

And now the Beef Trust, which is about to go bankrupt.

Just imagining it makes me hungry.

Then James approached me with a piece of newspaper.

“Master, have you read the Washington Post?”

“Ah, is it about immigration?”

[Third Teller Amendment, Removed Provisions for Free Independence of Cuba and the Philippines. U.S. imperialism driven by public opinion. ]

[Immigration, Filipino and Cuban independents quietly deported. Is America on the road to imperialism? ]

[Rep. Teller. ‘This provided the legal basis for the US to colonize the Philippines and Cuba.’ ]

– Washington Post.

“Anyway, this is the main public opinion that has boiled over with the invasion of the mainland. I have to live in the US first, so Cuba or the Philippines will catch my eye. such a country America.”

“No other newspaper except the Washington Post covers this article.”

“Because the biggest enemy of the National Assembly is the people.”

People don’t care?

Since then, it has been a playground for the Senate and the House of Representatives in the National Assembly. Since neither the WASP nor the white people were interested in Cuba or the Philippines, the U.S. Congress quickly laid its hands on imperialism.

As the parliament wanted to devour Cuba and the Philippines from the beginning, it passed quickly at this opportunity.

“There was no filibuster. I am.”

“It was a quick fix.”

It is not a country that signed a Katsura-Taft secret for nothing. Even if the imperialists wear the masquerade of the free camp, the essence is imperialism.

If there was an opportunity, I could throw off the mask of the free camp at any time.

“Master, $15 billion is enough to arm at least one million troops, and even print battleships.”

It costs about 4.5 million dollars to build one Freedreadnought-class battleship.

If you spend $10 billion on it, only the Free Dreadnought-class battleships will be able to build 2,000.

Anyway, at least 100,000 people.

“James, the Spanish army has only 300,000 men, and the United States plans to recruit at least one million men. Do you know what this means?”

“…It is an omen that even the Filipino and Cuban resistance forces will be dealt with.”

In the original history, the Philippines was occupied and colonized, and even the governor of the military government was established. In the process, the Philippine resistance forces, including Aguinaldo, stood up vigorously.

So the Philippine War broke out.

Governor Merritt and the US Army’s VIII Corps showed a ruthless slaughter of about 300,000 Filipino resistance forces.

“It’s the sound of devouring the free camp. America is undoubtedly a capitalist country.”

for a moment.

If we do this well, we can even take out the Spanish garrison in Morocco.

‘I’ll have to tell the British Empire later.’

You will probably like it a lot.

Hearing the warship building plan would make you cringe, but what can you do?

The American mainland was bombarded.

“And here is the list of shares of Federal Steel and Beef Trust that you mentioned.”

James handed me the file folder.

As I glanced through the file folder, I widened my eyes.

“Have you already secured a 50% stake in steel?”

“Hasn’t the New York Stock Exchange gone downhill once? Instead of slamming them cheaply, they told me that they would put a 5% premium on it, so they sold it right away.”

“Well, back then, anti-war public opinion was no joke.”

At a time when no one on Wall Street could have imagined that the port of Charleston would be invaded and the American public opinion would explode.

The New York Stock Exchange was in a state of disrepair, and the stock price was blocked by fighting with the anti-war and main waves.

I must have been anxious

“What about Beef Trust?”

“This company filed for bankruptcy right after the Senate hearing and wiped out the factories through the courts.”

“ah.”

Senate hearing.

High-ranking officials from the Ministry of War and generals involved in the beef scandal this time took on the responsibility of shelling Charleston Port, resigned one after another, and made a judicial deal to reduce the sentence instead of being discharged.

In the case of War Minister Elger, about a year later, he filed a whistleblower instead of a special amnesty.

‘One year later, I will move to the British Empire and be assigned a position at Barclays Bank.’

“Then Morris Corporation, Swift Corporation, and Armor Corporation have wiped out the infrastructure.”

“I even scraped off their business partners.”

“Perfect.”

This laid the foundation for making processed meat combat food. If you grind pork shoulder instead of beef and process it into canned ham.

becomes spam.

“James, contact the pork butchers to secure stocks of pork shoulder. There shouldn’t be any problem since it’s a part that the butchers throw away anyway.”

“We’ll find out right away.”

Shoulder meat was thrown away because it was a difficult and unpopular cut of meat, but if you grind it at all, it becomes the spam we know.

f*ck.

“Please.”

Reach out to the logistical with this.

***

New York Manhattan.

Waldorf-Astoria Hotel.

“J.P. Morgan Bank Chairman Morgan is nowhere to be seen.”

The presidents of major Wall Street banks entered the Waldorf-Astoria Hotel’s private rooms one after another to receive bids for war bonds.

A large number of high-ranking officials from the Ministry of Finance also attended.

The number of people in the special room included big names such as City Bank President William Rockefeller, First Federal Bank President, and Chase Federal Bank President.

But there was no final boss.

“Rumors are circulating that Morgan’s eldest son has been embroiled in a beef scandal. You probably won’t be able to directly participate in the bond bidding.”

“At the time when I was not initially selected as the publisher of the issuance, my name is 100%. But since the Detroit Director of the Detroit Investment Bank is from Morgan, it is possible to participate indirectly.”

“Maybe we have already left out the JP Morgan Bank volume.”

The bankers remembered.

Preliminary bid notice from the Detroit Investment Bank. There was a bond with an unconventional option written on it.

Interest rate 5%, discount rate 10%.

Considering that the interest rate of current US Treasury bonds (console bonds) is in the 2% range, it was destructive because it was not attractive.

“Besides, he offered a loan fee.”

“Is that one too?”

“Yes, but I agreed. I offered the commission rate I wanted, and they made a deal right away.”

“The exact fee rate is…”

“Of course, I bound it with a confidentiality oath.”

William Rockefeller grinned.

The Detroit director made a deal even though they called for the industry’s highest level of 4% as a loan fee.

In the end, there was something about my brother Rockefeller, so I ended up with a moderate 2%.

“Who is the author by the way?”

“Well?”

As a banker pointed to a corner of the special room, William Rockefeller’s gaze also turned to it.

However, after confirming the identity of the subject, he opened his eyes.

‘The author is obviously Rothschild…’

ground ground.

The sudden sound of the hammer drew the attention of the bank heads.

“It looks like you’ve all gathered.”

There, a Detroit director was standing with a small wooden stick.

***

“Then we will start bidding. Well, even if it’s a bid, it’s probably a job that distributes the quantity appropriately.”

-ha ha ha.

At my words, the bank presidents burst into laughter. Since it was not a competitive bidding, everyone was relaxed.

creak-

I also stood in front of the podium in a somewhat comfortable position.

The war bond was worth $10 billion, so there was no need for competitive bidding.

It was a matter of buying a lot of banks that wanted to take a lot, and buying less of a bank that wanted to take less.

You just need to coordinate.

“Are you going to buy bonds worth over $1 billion in the first place?”

The bidding hall was quiet.

Well, you mean nobody has more than a billion dollars?

‘Actually, no one would have known that the war bonds would be worth $10 billion.’

So do I.

The original plan was to buy 100 million dollars worth of bonds and then pay the loan fee for the rest of the bond fund.

“Then don’t you have 500 million dollars?”

chuck.

Then a hand came up from the corner.

“JP Morgan Bank. I will buy it.”

low-pitched voice.

A distinctive British accent.

‘That person…’

be used to.

Previously, the mysterious director who sat next to Morgan at the executive meeting of JP Morgan Bank. Only he raised his hand in the bid room.

‘Are you here as an agent for JP Morgan Bank?’

The worries were brief.

ground ground.

“Yes, JP Morgan has won a $500 million bond. Please come forward.”

As soon as I made my appointment, a director who volunteered to represent JP Morgan Bank walked up to me. His face had a slight business smile on it.

He came to me and whispered in my ear.

“Dear Detroit, can you spare a moment after the bid is over?”

“Yes?”

He looked at him with a suspicious face at the sudden question.

Then his smile deepened.

“It’s about Jack Tracy.”

“…!!!”

Awkward-

For a moment, I opened my eyes and looked at him. But he handed me the notepad with the room written on it and quietly went back to his seat.

I crumpled the notepad in my hand.

“……”

***

after bidding.

In the secret room of Waldorf-Astoria, I sat face to face with the mysterious director.

He came in early and had a cup of tea.

“Sit down. Earl Gray tea.”

The director, dressed in a black suit, stirred the teacup with a teaspoon.

I sat down and looked at him tiredly.

“That unique accent, relationship with JP Morgan Bank, and even being appointed as an agent today. Are you from Rothschild?”

“Well.”

Moongrak-

He put down the teacup. However, even to my direct question, he did not waver at all and answered fluently with his characteristic accent.

“First, let’s talk about Jack Tracy.”

“……”

He pulled out a copy of his briefcase. Photos were attached.

“Jack Tracy was taken to a military trial by the Army.”

“…that’s right.”

“Yes, so JP Morgan Bank Chairman Morgan made a deal with the War Department, and Jack Tracy’s life sentence has been finalized. This part is skipped. That’s not the problem.”

‘Problem?’

Moongrak-

He pulled out a glass bottle from his briefcase.

“Mr. Jack Tracy had a nervous breakdown and got the flu in the fall and had to be treated at a military hospital, and as a result, he was prescribed this drug. It looks like you’ve been taking it for a week.”

“Are you talking about?”

“Yes, it is a new drug released by Bayer, and it seems to be an antitussive (cold medicine) commonly sold at drugstores. There is something wrong with this drug.”

I looked down and looked at the medicine bottle he had pulled out. He shrugged his chin and looked at me like that.

It’s like I’m going to tear it all apart.

“Do you have anything to point out?”

[ Heroin ]

hero.

That was the word written on the vial. I picked up the cup and moistened my lips.

“I do not know.”

I don’t know.

As I shook my head, he took the bottle from the desk as if he knew it would.

“That’s right. Actually, the director doesn’t know.”

“Did you call for that?”

“No. There is another important message.”

widely-

He pulled out a classy envelope from his briefcase and handed it to him.

“President Morgan asked me to tell him that he would arrange a dinner party later.”

“Ah, is this a place for seniors to gather for a meal?”

“no.”

The smile faded from his face.

“Only the two of us with the Detroit Director. We are alone.”

＜ War Bonds. (2) > end