Wall Street of the third generation chaebol

＜ Steel and Shipyards. (2) >

“…..”

This novel was posted at https://readwn.com

Office of the Minister of War.

Secretary of War Roosevelt was seated with his arms crossed as if uncomfortable.

A young man sitting in front of him.

Contrary to his expectations, this young man, who had been appointed to the War Advisory Committee, thinking that only he could not be brought over as the Minister of War, was smiling and laughing.

“Why are you so excited?”

“Isn’t that the War Advisory Committee? It is an infinite honor to be able to sit in the honorable seat of being the botem of the United States of America.”

“f*ck.”

Secretary of War Roosevelt messed up his hair.

It was bad that he had completely forgotten that this crazy psycho was a workaholic.

Didn’t his cousin Franklin Roosevelt say it? They say that they take the attendance check by donating to the school, give excuses like field trips, and just sneak a test, report it, and then disappear. Another church building on campus or something.

He was such a crazy young man.

“So what did you call him for?”

A young man sitting in front of him.

Detroit Morgan asked himself with an innocent face, “I don’t know anything.”

disgusting thing.

“that….”

thick-

A tendon grew on his forehead.

Since you kidnapped me as War Minister, I have appointed you to bring you down like a water ghost, you bastard! I couldn’t utter such words.

You look small.

Instead, an unfamiliar sound came out.

“I just wanted to see you.”

“Ugh. The man’s interest is the envoy. Do you have any s*xual preferences for the minister?”

“……after. I lost, so don’t make fun of me anymore.”

He raised both hands and surrendered.

It seemed that if he was teased any longer, his spirit would be eroded and no more would remain. Roosevelt decided to admit his defeat.

Instead, I quickly got to the point.

“The reason I appointed you as a war advisor is because there are no good guys in the war department. Maybe my secretary? Except for Commander Nelson, his aides, and the Philippine garrison, they’re all idiots.”

“At least the heads of the characters were torn apart by this scandal.”

“So I need some of your wisdom. I’ll do the bills or whatever a minister like this would do, but aren’t you a businessman? I will leave the work related to the Ordnance Bureau to you.”

“…Then it could be a monopoly?”

“Ah, right now, even a cat’s hand is not enough, is a monopoly a big deal? Let me normalize it first. It’s a monopoly and it’s Nabal, so we can settle it later.”

War Minister Roosevelt was one of those who deeply felt Detroit’s design ability from the time he was assistant secretary of the navy and the organization of the volunteer army.

To the extent that my impression of Trust, which I had hated so much, changed slightly. Rumor has it that even former Secretary of State Sherman of that antitrust law recognized Detroit.

He was a proven talent.

“Then, in addition to the New York Ordnance Bureau, are you entrusting me with weapons and supplies such as the Springfield Armory, Carlyle Barrack, and the Quartermaster?”

“uh. Do it all Detroit Do what you want! I knew long ago that it was a helpful way for the Department of War and a way closer to American hegemony.”

His founding of the New York Ordnance Bureau allowed the US Army to obtain larger quantities of machine guns at lower prices and to arm the US Army with the new standard rifle, the Gewehr 1898.

The performance of the Gewehr 1898 was far superior to the existing Springfield M1873 or Krag-Jorgensen rifles.

For a moment, the corners of Detroit’s lips twitched.

“Good.”

“Yeah, if you have any other weapons you want to develop besides machine guns and rifles, please tell me. I will put the budget first.”

“Ah, then we are going to create a new department called the Armored Control Room, is it possible to organize a budget? It is going to cost quite a bit.”

“Oh, it doesn’t matter. But what about the armored chamber?”

“Well, in a nutshell, it’s the department that develops armored vehicles like armored trains.”

There was an explanation that was very omitted. Secretary of War Roosevelt sighed.

“…At first glance, does that mean that you want to build a vehicle that can be protected from machine guns? Well, it would be best if we could break through even the trenches, but it would be unreasonable.”

“….!!!”

did you see it wrong?

It was an instant, but the Detroit director seemed to have opened his eyes.

Roosevelt rubbed his eyes.

“Anyway, the countermeasures against machine guns are not enough. These are my feelings, but I think the armored chamber could come up with some pretty useful skills. I’ll make a budget for you.”

“……thank you.”

For a moment, the Detroit director looked like a goblin greedy for treasury, but Secretary of War Roosevelt thought it was his mood.

“By the way, Secretary Roosevelt. First of all, as a member of the War Advisory Committee, I have a question. Do you have any countermeasures against the machine guns and trenches of the Spanish army?”

“Did you hear about the harbor defense?”

“Yes.”

At the Detroit director’s question, Roosevelt folded his arms and buried himself in a chair.

“It’s artillery.”

“Are you artillery?”

“Uh, no matter how much you think about it, the only way to destroy the enemy’s trench positions is by artillery. However, even if the Spanish army tried to operate artillery, the supply of artillery was cut off, so the operation was limited.”

“The Spanish army will also bring artillery to the battle for the port.”

“It is winter now. Cuba is also dry. You can’t hide in the bushes like in the rainy season, so you’re just exposed. But this is the same condition for the Spanish army. So we need to take this opportunity to neutralize the Spanish artillery.”

“…..ah.”

The Detroit director burst into tears as to whether he had understood the true meaning of his words.

“okay. It’s a stock fight. If we push the Spaniards into their fortresses with ‘infinite’ artillery, they will be forced to spend shells to neutralize our artillery.”

“……The consumption of shells must be staggering.”

“right. How about this, isn’t it worthwhile to join the War Advisory Committee?”

“I have some change left over.”

f*ck.

The Detroit director raised an eyebrow.

But Roosevelt’s agenda isn’t over yet.

“And I am thinking of placing you on the Naval Committee of the Ministry of the Navy as well.”

“Is it possible to be humble?”

“It’s a rule, you can break it. In a country with the rule of law, if you don’t like the rules, you can change them. Unless it’s against the Constitution.”

“Yes, then I will accept it.”

The Detroit director nodded immediately.

…..anyhow, he’s a crazy workaholic. To the extent that I think I am a madman possessed by money.

Is Wall Street full of these guys?

“Well, it doesn’t matter if you refuse. I told the Navy Department earlier, so you are already a member of the Navy Advisory Board.”

“……haha.”

The Detroit director let out an awkward laugh.

“I wish I had accepted it. okay. I mean it’s accepted. There is something I would like to hear from you.”

“Any opinions?”

“It has to do with the navy.”

Navy.

As soon as the word came out of his mouth, the mood of the Detroit director changed completely.

“Can you think of a miracle warship capable of turning the naval systems of other countries into garbage?”

“Yes?”

The Detroit director looked at him with a puzzled face. But then, as if he had remembered something, he wiped his chin and fell deep in thought. I opened my eyes again as if I had finished calculating in my head.

Detroit’s mouth slowly opened.

“that…..”

***

– It seems difficult right now. I will also think about it.

I temporarily avoided the Roosevelt War Secretary. A dreadnought-class battleship was the first thing that came to mind when I was asked his question, but it was the sewage of the sewage that exposed the idea to him now.

‘If Bethlehem Steel wins even a dreadnought-class order with my idea, the ship may be twisted and turned over.’

monopoly.

Any number is fine, so before the Dreadnought class appeared in the world, he had no choice but to preempt the technologies or companies and then monopolize them.

But there was no time.

“About five years after the Russo-Japanese War broke out.”

In the Battle of Tsushima, Admiral Dogo Heihachiro of the Japanese Navy buried the Baltic Fleet with narrow-chassis, and this naval battle accelerated the establishment of the concept of the dreadnought class later.

narrow shot.

It uses a fire net through a controlled firing system, and concentrates the shells of the main gun within a certain range. As long as there is a system to control the shooting, it will turn into a simple firefight after that.

Truly the birth of giant gunship.

Admiral Fisher of the Royal Navy of the British Empire gained confidence in the dreadnought class in that battle, and under that strong driving force and supervision, the HMS dreadnought was built in less than a year.

That was 1905.

‘But there is a variable.’

The moment Roosevelt wants such a need, there is no way to know when the concept of the dreadnought will appear.

Before that, I had no choice but to preempt the technology.

“By the way, it’s convenient because the Ministry of War and Navy offices are in the same building.”

The private meeting room of the Naval Advisory Committee was located not far from the meeting room of the War Advisory Committee.

Next to the Navy Minister’s Office.

It was very similar to the War Advisory Committee.

However, there were passengers in the meeting room of the Naval Advisory Committee.

“Sir John Long?”

“Oh, you were the Detroit Roosevelt was talking about. Surprisingly, you look more like a college student than a 16-year-old.”

“….haha.”

“Sit here. I’m here because I have something to tell you. We’ll be busy with each other, so let’s keep things simple.”

Navy Secretary John Long beckoned to the other side of the conference room desk. I sat down on the seat.

But as soon as I sat down, the shocking news came out of the mouth of Secretary of the Navy, John Long.

“Don’t be surprised, listen. Assistant Secretary of the Navy, Allen, has resigned.”

“Yes?”

If it was Assistant Secretary of the Navy Allen, he was the person who promised me the preferential negotiation rights for steel or the volume of orders instead of selling the Newport News shipyard.

But suddenly resigned?

“Well, I guess I should have resigned. Bethlehem Steel moved Republican Senator Chandler. He is a kind of elder in the church, who was appointed naval minister long before me.”

“….!!!”

“He and Lieutenant William Jacques at the time were the founders of the U.S. Navy’s Ordnance Bureau after the Civil War was over. Their breath at the U.S. Naval Ordnance Bureau is beyond imagination.”

“…and I support and supply armed merchant ships, naval fuel, and ammunition, but I have no connection with the Naval Ordnance Bureau.”

“Bethlehem Steel has filled the gap.”

“But why are you giving me such important information…?”

Chic-

Navy Secretary John Long lit a cigar.

“Honestly, I had a lot of bad feelings for you at first, but seeing the US Navy prosper with your help, I couldn’t be more pretty. So let me tell you something special. I would like you to think of it as the whim of an old man.”

after-

A smoky smoke emanated from Secretary of the Navy John Long’s cigar.

“One good news. One bad news. Which one would you like to hear from?”

“…have you already heard the bad news?”

“No. Think of this as background information.”

“Then I’ll start with the bad news.”

I was nervous inside.

Since Assistant Secretary of the Navy has resigned, my contract with him may have been rewritten as blank.

Navy Secretary John Long smirked.

“Ts. It’s annoying. Just explain in order.”

“…..Yes.”

“Deputy Secretary of the Navy Allen has resigned, but the 10-year preferential negotiation rights you signed with you and the volume of orders are still alive. Good news.

“However.”

Secretary of the Navy John Long looked at me with a heavy expression on his face.

“They say Bethlehem Steel is going to pour out murderous dumping deals against your Federal Steel and Newport News shipyards.”

“…!!!”

But the naval minister’s words are not over yet.

“Besides, Bethlehem Steel still has the technology to manufacture armor plates and guns for warships, but there is no shipyard.”

“Yes, the USS main ship also received an order for materials and armor plates from Bethlehem Steel. I heard that the construction itself was done at the New York Naval Shipyard.”

no way.

I expected what Secretary of the Navy John Long had to say.

“Do you think Bethlehem Steel will take over the warship shipyard?”

“Oh, that’s right. Also Bath Iron Works and Union Iron Works. They said they were going to destroy two shipyards.”

I leaned my back on the chair.

These are the words of the Minister of the Navy, so the credibility is close to 100%. Perhaps it was the content that Bethlehem Steel shed to the Navy to win a contract with the Navy in an advantageous way.

‘Priority negotiation right is literally the right to negotiate with priority. It is not an absolute right.’

If the opponent intends to pour out dumping contracts, it is highly likely that the minds of the Navy have already turned to the Bethlehem shipyards. According to the Minister of the Navy, the Ordnance Bureau of the Naval Department is already like the front yard of Bethlehem Steel.

The priority negotiation with me is that there is a high probability of ruining it.

But, do you play a game of chicken on my side and pay back a more dumped price?

rejected.

The loss is too great.

furthermore.

If they were thinking of taking over the shipyard by force, they would be in a situation where they couldn’t bring out the dreadnought even more.

However.

Do you know Bethlehem Steel?

The fact that they are digging their own graves with their own hands.

Druck-

I got up from my seat.

“Minister of the Navy, thank you for your valuable information.”

“Are you planning to go now?”

“Yes.”

f*ck.

I raised the corners of my lips.

“It seems that something urgent has arisen.”

***

aa-!

I got on the express train to New York, escorted by the guards.

Chief of Staff James, from the British Empire, was working at the hedge fund’s headquarters, while Veyron, a German from Slum and Wharton School, was overseeing DWM and the New York Ordnance Bureau.

So today, along with the guards, I went down to Washington DC with the secretary of the war department alone.

“I want to be alone for a while.”

“Yes, I will wait for you in the next room.”

The guards stood up at my request and quickly moved to the next room.

Drooling Tak-

When the door of the train car closed, I was left alone in a large car.

How is this possible?

it’s bound to be

this express train. Because it was my own hot private train that I picked up with my own money.

“Sometimes I have to live with flex.”

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Oops-

I took the fountain pen out of my pocket, opened the lid, and took a blank sheet on the desk.

Bethlehem Steel.

I laid out their methods one by one on a piece of paper.

“Is it largely the Ordnance Cartel, the dumping order, and the shipyard takeover?”

How many pictures have you seen?

It was a thought that someone would be receiving drug treatment at a military hospital, but this is of worse quality.

The dumping order was literally a chicken game that came out like a die-hard game, and unlike the beef scandal, it wasn’t a poor quality product.

“It’s a very standard way of dealing with the other party in an order contract.”

First, dumping orders.

As mentioned earlier, it is an offensive method that deletes the merits of preferential negotiation rights. Even if I negotiated first, it would be over if the Navy had torn it down.

Second shipyard acquisition

If two huge shipyards are merged, they will eat up all the net worth of warships as they are members of the existing cartel.

It is because the possibility of throwing out all of the old ships such as torpedo boats, destroyers, and non-protection cruisers that are left behind after they have taken all the naive ships such as battleships and armored cruisers is high.

“Bethlehem steel bastards, they made an amazing plate. They didn’t just survive in the steel industry’s gossip.”

Since Assistant Secretary of the Navy Allen has resigned, there is no direct person to guarantee my interests. Roosevelt is now Minister of War, so direct protection is impossible.

‘But this is also a high risk for Bethlehem Steel. It is an extreme high risk that can even fall to the end of bankruptcy.’

side effects are great.

Dumping orders were a business full of deficits that slashed my flesh for the future.

To take over a shipyard, you have to pour a huge amount of capital.

How much less to take over two shipyards for each dumping order?

Bethlehem Steel.

Those bastards, knowing what I was doing in the War Department, risked their lives now.

“However.”

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One thing.

If only I could hold one key.

This blueprint would, on the contrary, strangle Bethlehem Steel.

“Dreadnought class.”

Extremely asymmetrical power in the early 20th century.

The world’s strongest battleship.

A miraculous battleship capable of erasing naval forces around the world.

If only dreadnought-level technology can preempt me, I can eliminate the existence of Bethlehem Steel from this world.

“There are three key skills needed.”

Vickers 12-inch Mark X gun.

Parsons steam turbine.

Krupp cement gloves.

“And the most important of these is the Parsons steam turbine.”

no one in this world knows

Now, even the concept of a dreadnought class hasn’t come out yet. The fact that the leading force of the naval military supply was completely in my hands.

Besides, I wasn’t even good enough to let Bethlehem Steel go.

“While securing dreadnought-class technology, I can’t stand still.”

haha.

This novel was posted at https://readwn.com

Oh, the train will arrive in New York in a few hours.

I was going to get off right away and go to see Parsons first to secure technology.

“We should encourage Bethlehem Steel to receive more dumping orders.”

At the same time, on the one hand, they will intervene in competitive bidding to increase the price of the shipyard they will take over, raising the price of the shipyard.

“The moment their deficit is greatly increased, and the moment they are leaning … they must deliver a decisive blow.”

in a very dreadful way.

“I don’t know if you’ve heard of it.”

It’s called the Patent Troll.

f*ck.

I raised the corners of my lips.

＜ Steel and Shipyards. (2) > end