Wall Street of the third generation chaebol
Chapter 70
< Preparation for victory. (2) >
“It’s a naval budget.”
Secretary of War Roosevelt buried himself deep in his chair. A young man in front of me has proposed a bill that would put an end to the dogfight that is currently taking place in Congress.
Republicans who want to play limited games.
Democrats who want an all-out war.
Somehow, the military budget bill was passed, but there was no progress in the draft law and economic law.
But they both had common needs.
maritime supremacy.
The US maritime hegemony was the key to resolving the conflict between these two powers.
“If the budget in the budget is invested in the Navy’s warship building on a large scale, it is possible to reduce the number of soldiers to be conscripted through the draft law while aiming for maritime supremacy. Does that mean that there will be nothing to recruit up to 100,000 people?”
“Yes. If you organize it with a naval budget, you can gain hegemony in the Pacific, where the British Empire is weak. During that time, there were not enough warships, so it was difficult to cover the entire Pacific Ocean.”
“It is.”
Even if all armed merchant ships were mobilized, the blockade could barely be achieved. Clearly, the reinforcement of the navy was essential.
But, was maritime hegemony easy enough to obtain maritime hegemony just because he made an infinite number of prints?
Absolutely not.
The dark councilors in the military gates will nod.
At least not Roosevelt himself.
“Detroit. One condition is required for your proposal to be successful.”
“Is it a condition?”
“Uh, the existence of an asymmetric force that will make it utterly silent even as we build up our naval power.”
That’s what I said to Detroit before.
Miracle battleship.
‘Without this miraculous battleship, nothing is possible. Even if the Naval Department organizes a large fleet, it will not be able to even operate.’
It has always been the advent of new weapons to suppress existing forces with military force.
heck.
By the way……
The corners of Detroit Morgan’s lips rose slightly. Then he pulled out a piece of paper from his briefcase and gave it to himself.
Secretary of War Roosevelt snatched the paper with a questionable face.
“What is this? Is this a slave contract because the war minister is not enough this time?”
“haha. It’s a joke too. Let’s read it.”
Don’t be fooled twice by the number of those wicked people.
Roosevelt, who was at the top of the Harvard A+, raised his glasses and meticulously read the contract.
“A oath of confidentiality?”
keep secret.
Miracle battleship.
As these two intertwined, an assumption came to mind.
‘no way…..’
As War Minister Roosevelt’s eyes widened and looked at Detroit, Detroit Morgan raised an eyebrow.
this….
“Let’s start by signing.”
monstrous child.
Roosevelt grinned until his lips were ripped apart.
‘After all, America … somehow has to hold onto this guy.’
This novel was posted at https://readwn.com
Oops-
Roosevelt happily pulled out a pen.
***
after-
“Hey, I think I’m going to run out of goals trying to stop Secretary of War Roosevelt.”
Hearing the dreadnought-class explanation from me, Roosevelt burst into frenzy and shuffled through the War Minister’s office.
But as I calmed down, Roosevelt, who had a chill in his head, suddenly asked me.
‘But the battleship you mentioned. There are no practically proven cases.’
That’s right.
Because the value of the dreadnought has not yet been proven. Still, Roosevelt seemed to see hope for the dreadnought.
long range.
strong firepower.
fire control system.
thick gloves.
and fast speed.
this one. What kind of warship will catch this?
Roosevelt secretly commissioned me to build a dreadnought-class ship.
‘Once the naval budget has to pass, should I build it at my own expense until then?’
This novel was posted at https://readwn.com
Originally, it was an unreasonable request, but with the confidence of the dreadnought, I gladly accepted it.
I’ll deposit it once the budget is passed, so until then, I meant to do it with my own money.
🥳-
I opened the German newspapers.
[Politics and business collusion between Krupp and the Conservative Party (DkP). Problems related to the rapid expansion of Krupp Corporation and the merger of the Germanian shipyards.]
[The relationship between the chairman of Krupp and the imperial member Friedrich Alfred Krupp.]
-Vorwärts
Vorwärts.
They were newspaper articles belonging to the Social Democratic Party. However, seeing that the one that sent Krupp to the goal was not used, it looked like a sheep hunting.
When the scandal that ended the chairman of Krupp in the original history breaks out, Krupp is also out.
‘At least one or two patents can be taken out of the confusion, so it’s only a matter of time for Krupp.’
Just get this and that’s it.
He obtained patents for the main gun from the Rothschilds, as well as acquisitions and patents from Parsons and Renotype, so there is no reason to hesitate.
burleung-
I got off the train station and got into a Benz.
As soon as I returned to New York, I returned to the hedge fund headquarters to quickly check the requirements for selling pesos.
hedge fund headquarters.
“Director, you’re finally here! I’ve been waiting for you.”
“What. What happened?”
As soon as I arrived, Veyron knocked on the office door and stepped inside.
I’ve never seen him in such a hurry, so I took off my jacket and put it back on.
“I came here with a matter related to the New York Ordnance Agency.”
“New York Ordnance? Are there any problems with productivity?”
The factory must not be stopped even for a moment if we are to extract the rifles that will immediately rearm the US Army.
In addition, in order to sell goods such as World War I or the Russo-Japanese War before that, it is necessary to retain skilled workers who will be skilled in the future.
The efficiency of a conveyor belt increases exponentially as the number of skilled workers in a process increases.
‘It’s not that Henry Ford is anxious to keep the skilled workers.’
In particular, the firearms factory is more delicate than other factories due to the reliability of firearms. This means that more skilled workers are needed.
Because of that, the working environment has been raised to an extreme level… but maybe there was no aristocratic union, right?
As much as possible, I do not want to use the police officers of the New York Police Department.
I frowned.
“I wonder… is there even a union?”
“no. The opposite. Now workers are flocking to the New York Ordnance Bureau to work please. As a result, it seems that the hired workers are worried about when they will be replaced.”
“Well?”
“I am clamoring for more work. I don’t know when it will be replaced, so I can’t rest because I’m worried about taking a three-day break.”
This novel was posted at https://readwn.com
Oh
This is an unexpected side effect.
No side effects?
“Haha. You don’t have to give up when you say you’ll do more.”
It’s certainly a welcome situation, but it shouldn’t increase your fatigue. However, the tension must be maintained.
“Once we start operating the penalty point system. If the workers’ demerit points accumulate, they are replaced immediately. Then you will feel a little more reassured when you have a standard. The tension is maintained.”
“ah. That would be it. We will implement it immediately.”
“Good work.”
bang-
As Veyron closed the door to the secretary’s office and left, I called James, who was diligently organizing the files.
“James, start with a list of Qing’s banks. Because the top-tier banks are large, each has to deal with it differently.”
“First of all, it is a transportation bank. This is a recently established bank and is owned by a Belgian consortium and the Railway Authority of Qing.”
“Well?”
I narrowed my eyes.
The transportation bank knew.
“Is it a bank built for the Beijing-Hankou railway?”
“Yes.”
transportation bank.
It was the fifth largest bank in China in the 21st century.
But there was something strange about it.
The transportation bank I know must have been established in 1908.
It’s a bank that shouldn’t exist now.
‘If it was recently established on the basis of a railroad company…’
“Why was the transportation bank established?”
“Ah…the stake structure is a bit complicated. The Beijing-Hankou Railway is owned by China Development Company, an American corporation.”
“Chinese development company?”
be used to.
Twenty-two memories came to mind when I saw it in a report that James had handed me one day.
“Yes, the majority shareholder of the China Development Company was originally invested by JP Morgan Bank, Rockefeller’s Citibank, and Chase Bank, and was run by Ohio Senator Kelvin Bryce.”
“By the way?”
“haha. Because of the Black Wednesday planned by the master, Bryce, who owned the railroad in Erie, went bankrupt…”
“I’m going crazy.”
“Yes, so the creditors of the Chinese development company took over the company.”
This means that JP Morgan Bank and other banks stopped losing their shares due to Bryce’s bankruptcy, and the Belgian consortium and the China Railways, which were creditors, converted their shares (debts into stocks).
In short, it became a company of the Belgian consortium and the China Railways.
“So it means that a new transportation bank was established to attract and operate capital.”
“Yes, the Beijing-Hankou Railway is huge, so it has leapt into a mega bank in Qing at once.”
“Now I understand.”
The Beijing-Hankou Railway is huge.
Beijing is located in the east close to the Korean Peninsula, and Hankou is a city located in Wuhan, China, inland.
So, if you think of it as a railway from the center of China to the edge of China, you can’t even guess its scale.
“Belgium, you don’t have to worry about it.”
“haha. you’re right. You can just crush it.”
Belgian consortium.
In fact, even if they ran rampant, I had a trick. A Joker who will ignore their protests at once.
‘The Republic of Congo under Leopold II.’
early 20th century.
The tragedy of the Republic of Congo, known as the worst colonial scandal, massacre and abuse.
At the Berlin Conference of 1894, under the oath of Belgian King Leopold II’s promise to civilize the Republic of Congo, the great powers recognized his possession.
And hell began.
-The Belgian inspector cut off the man’s daughter’s hands and feet for not being able to meet the daily amount of rubber extraction. The five-year-old daughter’s name was Boyla. and killed his child. And he killed his wife too. But thinking that even this wasn’t enough, he ate the body of the child and mother.
It is the landscape of hell described by an English missionary. I had a huge scandal that could blow the news that the Belgian consortium was attacked by Wall Street.
It is said that Belgium has enough to press.
‘There was a bank that wouldn’t have been there before, so there’s more to rob.’
In the first place, like the Qing dynasty, no one cares if they are attacked. It’d be nice if we didn’t take out forks and knives together and tear them apart.
“Bocchan, this is a fact I found out while researching.”
“Well?”
“Actually, there was a person who was mentioned in common to the Transportation Bank, the Bank of China, and the Trade Bank of China in Shanghai.”
Sung Seonhoe.
Qing dynasty banker and businessman.
A banker who ended the Qing dynasty even in the rebellion of the Boxers and survived by attaching himself to the governors under Lee Hong-jang.
In other words, these three banks are directly or indirectly owned by Chinese banks.
f*ck.
There was no more to fuss about.
“Shut up.”
“Yes.”
James fluttered through the files.
“By the way, which entity would you like to make a short sale or currency swap contract with? There are hedge funds and the Detroit Investment Bank.”
“Oh, we don’t have to go to the front.”
Wall Street is useful in this case.
This novel was posted at https://readwn.com
Once the rumors spread, they flock like dogs and put spoons on them. Wall Street commercial banks are the same, but Jewish investment banks are particularly good.
Just untie the Wall Street bulls and make them run rampant.
All we have to do is pop the water and create a flow.
“There is no need for us to ‘directly’ short sell to high-risk banks. Swipe information and lend money to Jewish investment banks. You can form a consortium. If you eat alone, you will get sick.”
“Oh, that would be fine.”
“And if you’re going to move the Jewish world, there’s another way.”
Imperial Russia.
Perhaps the blood relatives of the owner of a large Jewish bank would be terrified to hear of Russia.
“With the Lucheng Bank, the Russian Central Bank and the Sberbank as bait, bring in the Jewish banks. I will turn on the lights in my eyes and run.”
“Emperor Russia…ah!”
“Oh, it’s a pogrom.”
pogrom.
The current imperial family of imperial Russia was encouraging the persecution of Jews. By the time the pogrom began, the imperial Russia and the Jews had already crossed a river of no return.
Considering the solidarity of the Jewish community, he must have been anxious not being able to eat imperial Russia.
Representative of the Rothschilds. The reason Joseph Schiff of Kunlop Corporation bought Japanese bonds was because he helped out.
“But Master, Lecheng Bank is a bank with more than half of French and European descent.”
Ah, Lecheng Bank is a bit special.
It was a bank that financed the business of the imperial Russia and the Qing dynasty as a bank invested by major banks such as Hotinger Bank of France, Societe Generale, and DIScomte Geselshaft Bank of the German Empire.
It was a bank that would provide funds for the Dongcheong Railway and the Trans-Siberian Railway.
But does it matter?
“The Jews will not care. Not even one or two Jewish banks. You must have all the ways to reduce the risk by covering yourself up. We also intervene by creating an offshore company in a third country.”
The third country here refers to a neutral country.
Neutral country in the financial world?
it is switzerland
“Let’s sneak a peek by using Swiss secrecy.”
“Yes. We will send secretarial personnel to Switzerland right away to open a new bank.”
“If you can’t open a new one, open an account in a Swiss bank and scrape short sellers anonymously.”
“Yes!”
What if banks go bankrupt?
Such worries are meaningless.
The damage will be staggering.
However, large banks are not the size to go to with just pesos.
And even better if it goes bankrupt or stumbles.
I have to absorb it all.
Lecheng Bank to Build the Trans-Siberian Railway?
If you can get even a share, it’s a leftover business. Even if it is not a matter of profitability, but because of the value of the Trans-Siberian Railway itself.
“ah.”
Suddenly, an idea came to mind.
“James is a change of schedule.”
“Yes?”
“I do not do ‘direct’ foreign exchange speculation with Detroit banks or hedge funds. Instead, let them scratch indirectly or anonymously.”
“But being anonymous has its limits.”
James looked at me with a worried face.
But I waved my hand.
“It doesn’t matter. Once you step back Instead, let the rumor spread inside Wall Street. as wide as possible. And wipe out those brokerage contracts. Let’s get a fee. And we have work to do.”
“….!!! Yes, I understand.”
anonymous speculation.
money loan.
brokerage fee.
Even with these three things, Hwantugi mulberry is pulled out.
‘There is something more important than that.’
What to do if the bank runs out of funds?
‘Issuing bonds.’
Bonds are useful on their own, but the things you can do with them are limitless.
For example, CDO.
…like shearing sheep.
‘Well, you’ll have to convince the Rothschilds to work together later. It’s too big to do alone.’
However, as the scale grows, the profits are limitless.
f*ck.
it’s sweet
< Preparation for victory. (2) > end
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