Chapter 229 Mergers and Acquisitions

"Baby, mommy loves you. You are my child. I don't have a slave owner like you. He is a bastard. He wants to come and kill you..." Edith Rockefeller held the baby and rocked him. She didn't forget to treat Sheffield as air. "The key is that you dare not admit it. You say it's a safety issue. Go and fool Satan."

"Are you cursing me to hell?" Sheffield licked his lips as he watched Edith Rockefeller breastfeeding. "If there are other things to worry about, there is one thing you don't have to worry about. My son will never be hungry. I'm afraid he'll get drunk."

"Of course, it is big!" Edith Rockefeller looked at Sheffield provocatively, "I am so arrogant. What about your son? The child is from my family, Rockefeller, and has nothing to do with you, a slave owner. Do you dare to admit that you have an illegitimate child?"

"Misunderstood. How could I be a threat to the daughter of the Rockefeller family? I'm not that kind of person." Sheffield lied and gave in, putting on a dog-licking attitude and saying, "Edith, remember this room? There are many good memories of us here. I became a real man here."

"At first you pretended to be Jesus reborn, and now look at your shameless face." Edith Rockefeller pouted and sneered, "How can you be so hypocritical? Didn't they say that all the slave owners in the South dared to do anything?"

"Those who dared to act were killed by the hypocritical Yankees, and the rest are hypocritical people like me." Sheffield chuckled, unmoved by the woman's ridicule. Edith Rockefeller was angry now, so anything she said was understandable, and everything would be fine after an in-depth communication.

When everything was fine at dawn, Edith Rockefeller put on her pajamas and got up. She also woke up Sheffield, who was carrying a heavy load. "You are so young, how can you be so sleepy?"

"Edith, is this my fault?" Sheffield said helplessly, lifting the quilt and saying, "Find me a set of clothes."

After breakfast, Edith Rockefeller, who had a deep conversation, had calmed down and said, "Your bodyguards have filled up my estate. Why don't you find a place for them to live?"

"You have to bear with it for a while. They have to stay with me. Now I'm afraid your brother will show up at any time and kill me!" Sheffield simply finished the two fried eggs and wiped his mouth. "Now I feel more than ever that bodyguards are the people I should trust the most. The United States is more dangerous than the Philippines."

"Are you so proud of your trip to China?" Edith Rockefeller muttered, "It's up to you. I want to go see my son!"

"That's the Philippines, not China." Sheffield rolled his eyes. He felt that Edith Rockefeller had exposed the top secrets of the citizens of the United States, and that many citizens lacked basic knowledge.

Later, Russia attacked Georgia, which angered many citizens of the United States. What? How dare Russia attack the United States? Georgia and Georgia have the same name.

"Your joint venture company made a fortune. How much war business did you contract?" Edith Rockefeller asked with interest, holding her child. "You also bought a lot of Spanish plantations. How much land did you swallow up?"

"More than 3.3 million acres, right? These are all that's left!" Sheffield put his hands in his pockets and did a simple calculation. "According to the share of the war, it's considered that we have contracted 47% of the share. This includes guns and military food. There is no way to get the rest. After all, many of the navy's businesses cannot be carried out, and we can only provide some basic services. The land is included in the acquisition of small countries in Central America, which is considered an expenditure, not income. As for some items, including antiques and artworks, it is impossible to estimate the value of them. If they are valuable, they are valuable, and if they are not valuable, they are not worth a penny."

"The stocks of United Fruit Company, supermarket chains, and Coca-Cola have all risen sharply. You didn't calculate this. You really invested a lot. You almost followed the expeditionary force. Wherever the army went, you went there and made money." Edith Rockefeller's eyes lit up, and she was also happy for Sheffield. "War is really profitable."

"For example, your father was storing supplies during the Civil War, and he even lied about not being able to serve in the army." Sheffield made a tacit joke, and then pretended to be modest, "As for saying that I made all the money, that's not necessarily true. There are still many departments in the United Company that are not strong. Besides, there are tens of thousands of people waiting for food. When I wake up every morning, there are tens of thousands of expenses. How do I calculate this?"

"The output of the Texas oil fields alone can cover the expenses of all departments of your United Company, right?" Edith Rockefeller said in disbelief. "I heard from John that the reserve estimate is rising every month. That piece of land was actually bought by your grandfather. It's unbelievable. How much land does the United Company have?"

"Didn't I tell you? Only my grandmother knows about agriculture, animal husbandry and land. I never ask. I don't know about this matter. I am responsible for new industries!" Sheffield spread his hands and asked back, "Standard Oil's industry is not just oil, right? Your brother John knows everything, but he still has to ask your father for instructions. For example, the problem of the mines. Isn't it causing Morgan's concern?"

"My father just bought the mine for $50,000. But since the oil field was discovered on your land, Standard Oil has begun to pay more attention to the land and minerals that it bought casually." Edith Rockefeller was full of explanations, but she was tangled up, "But there is no share for me!"

This woman is so greedy! Sheffield didn't know how to evaluate this behavior. In this era, the United States was already very good. Old Rockefeller was a model of being very good to women. He gave Edith Rockefeller tens of millions of dollars in stocks, but she still thought it was not enough?

"There will be bread, there will be milk, there will be everything." Sheffield could only speak to persuade.

"Those things are just ordinary things, of course they are there." Edith Rockefeller looked at Sheffield strangely, "but I can't let my son live like that."

This damned bourgeoisie! Sheffield held his forehead helplessly. This is not much different from why not eat meat.

But he also knew that Morgan's negotiation with Rockefeller did not seem to be going smoothly. If the two families had always kept to themselves, now there seemed to be a little estrangement between them. It was unclear whether it was a good thing or a bad thing. Everything had to wait and see.

"Morgan is in the financial industry, and my father is more inclined towards industry. Standard Oil's goal is too big. Antitrust laws have been chasing our family, but they turned a blind eye to Morgan's involvement in the steel industry. It's really unfair." After coaxing her son to sleep, Edith Rockefeller couldn't help complaining, "Why target our family?"

"It may be that Morgan has too many friends." Sheffield thought about it and could only give this answer. The shareholders of Morgan Alliance should be the most powerful group of wealthy people in the United States. On the contrary, other companies are not without their own supporters, but compared with Morgan Alliance, it is almost like fighting alone.

Now that Sheffield saw how determined the financial industry was to get involved in the real economy, he was a little worried. Few people could handle the financial industry's capital flow. The real economy itself was bigger than the financial industry, and the capital flow was not as much as the other side. If this continued, by the time Morgan died, except for a few rivals like Standard Oil that survived, it seemed that most companies had been defeated.

As for why Standard Oil was able to hold on, it was because old Rockefeller left us prematurely at the age of 98. Old Rockefeller lived more than 20 years longer than old Morgan, and led his family to withstand the impact of the Morgan Alliance, and finally surpassed them.

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"These bankers want to swallow up our industrial companies. They are too greedy. We have never met before. Does Morgan want to be the emperor of everyone?" Sheffield was not very comfortable with this and said, "I don't believe that everyone will bow down to Morgan's money."

"What? You just came back from Asia, and you're going to compete with the Morgans?" Edith Rockefeller heard Sheffield's words and was very interested. "An economic Civil War?"

"I don't have the strength now, but I still have my own goals. Most industrialists are in a similar situation to me anyway, and United is even stronger. Morgan can't swallow United." Sheffield said complacently, "If most people can accept it, why can't I accept it as long as I can save my own company?"

His main target now is Laughlin Rand Corporation, in addition to the United Corporation and the DuPont Consortium. Rand Corporation is also a company that survives in the gunpowder field, but compared with the United Corporation and the DuPont Consortium, its business scope is much smaller. The gunpowder field is naturally very important to Sheffield and DuPont. Losing it may be painful, but it will not cause the two companies to go bankrupt.

Rand Corporation is a company that mainly deals in gunpowder business. If the profitability in this field is not satisfactory, the company will be in danger of bankruptcy. Rand Corporation is different from Sheffield and DuPont, and is a giant in its own field.

Sheffield's purpose was very simple, to acquire this company with the money just earned from the war.

"I knew you had something else to do when you came back!" Edith Rockefeller followed Sheffield out of the baby's bedroom quietly and whispered, "Since Henry du Pont's death, DuPont's style has turned conservative. Standard Oil originally wanted to squeeze out DuPont, but the antitrust law saved their lives. Now you are the most suitable person to complete it. In recent years, DuPont has also acquired some small companies, but they are definitely not as big as you."

"This has nothing to do with whether it's a big deal or not. I've also been to the front line in the Philippines. The company's profits are earned through hard work. I didn't stop the DuPont family, they can go too." Sheffield was dissatisfied with Edith Rockefeller's attitude.

(End of this chapter)