Chapter 566 New Stock King

As if he hadn't heard anything, Sheffield kept silent. He wanted to talk about the Titanic. The sinking of the Titanic had a great impact on the Morgan family. Just when the Morgan family was at its peak, misfortune was quietly approaching the Morgans. The Titanic, an unprecedentedly large and luxurious cruise ship ordered by the Morgan consortium, sank in the North Atlantic. This was not only a disaster in human history, but also a turning point that almost made the Morgan family unable to recover. The Morgan consortium faced a series of congressional accusations and was forced to accept investigation.

Old Morgan died of illness amid a series of investigations and accusations. It can be said that he suffered the biggest blow of his life when he was near the end of his life. I believe that when he was dying, he thought of the endless investigations and accusations, and he was also worried about the fate of the Morgan family.

Ten years ago, at the instruction of old Morgan, the American International Shipping Company invited the White Star Line to merge the two companies to expand the scale of operations. White Star Line agreed to the proposal, and the company completed the reorganization in just one year and became a subsidiary of the International Shipping Company. Later, Ismay became the chairman of the International Shipping Company with the support of old Morgan.

The construction of the Titanic was not a sudden idea. Ismay had discussed this topic with old Morgan before, but now it was officially put on the table. The directors of the White Star Shipping Company discussed it repeatedly: two ships became three; three chimneys became four chimneys... These three unprecedented giant ships will become the undisputed overlords on the Atlantic route - not only far exceeding their opponents in tonnage, but also unmatched in speed and luxury: the new ships will have high speeds, high first-class restaurants spanning three decks, and even the decoration of the third-class cabins will be far more comfortable and advanced than other mail ships.

After Louisa Morgan left, Little Morgan said apologetically, "My sister is just like this. She usually talks to me like this. There's nothing I can do! William and John, don't think too much about it."

"It's a bit direct, but it's also true." Sheffield felt uncomfortable, but he was not stupid enough to express his discomfort out loud. He could only go against his conscience and pretend to be magnanimous.

The sinking of the Titanic was a detail in history and was extremely easy to be disturbed. Sheffield believed that such an unexpected situation would never occur in this time and space, but he now hoped that the Time and Space Administration would quickly correct the loophole and let the Morgan family suffer a big loss.

The interruption almost made Sheffield forget the purpose of his visit. Fortunately, Rockefeller Jr. did not appreciate Louisa Morgan's sharp words, and still remembered what he came for, so he started to talk about his current concerns.

When young Morgan heard this, he put his hands on the table, his face remained calm and he did not show any anxiety. Unlike the two people in front of him whose main businesses were very obvious, the Morgan family's main business was finance, and the complex shareholding was not so easy to find out.

"Are you two too anxious?" Little Morgan said lightly, with an attitude of watching the fun and not minding the trouble. "Even if the president has sequelae and has some speech problems, it does not mean that it will recur in the future."

As soon as Sheffield heard it, he knew that Morgan was just pretending and trying to talk to him. He said, "My dear friend, if you were not the biggest banker in the United States, I would really believe that you think your luck is not so bad. But you are indeed the biggest banker, and you know the proportion of luck in venture capital very well. And now you tell me, maybe... things won't turn out so bad? Maybe... nothing will happen? Let me try my luck?"

The slave master's taunting skill is full, even in the dialogue, he should start to find topics by using his speech skills. But there is a time to choose. At this time, what's the point of Morgan piling up a bunch of nutritious speech skills?

"Then tell me what you two think?" Morgan Jr. ignored Sheffield's ridicule. If it was his father, Morgan Sr., he would definitely ridicule back. However, there are differences between father and son. Morgan Jr. is not like his father who is unreasonable.

This nonchalant and detached attitude made Sheffield very dissatisfied. He had long discovered that the Morgan family was more arrogant than the Rockefeller family. This was in their bones.

Just like the Morgan family likes Roosevelt or William Bryan to come to power? Then they will deal with you too, right?

Who is this confident look for? We are all afraid, but you are not? After the explosion of the Chernobyl nuclear power plant, people felt that they were not afraid because the Geiger counters they used were off the scale, and the actual nuclear radiation dose far exceeded the displayed data. The epidemic swept across the United States, but citizens did not think it was serious. In fact, it was because the detection volume had reached a bottleneck, and they were heading towards herd immunity.

Did J.P. Morgan really think that Standard Oil and Union would fail, while the Morgan Bank would be fine? Sheffield knew nothing else, but many of William Bryan's supporters were silver party members.

So what Morgan Jr. showed had nothing to do with me, and Sheffield absolutely didn't believe it.

Rockefeller Jr. didn't show anything on his face. He followed Morgan Jr.'s words and said, "What William meant is that, like last time, we should divide the work, with some influencing the Republicans and some influencing the Democrats, to prevent the worst outcome, that is, Theodore Roosevelt versus William Bryan. President Alton Parker's illness, to be honest, the political environment in our country will definitely be used to manipulate the election. Everyone understands this."

"It's just like when the coal cartel and Northern Securities were cleaned up, your interests were not harmed." After Rockefeller Jr. finished speaking, Sheffield still seized this opportunity to vent the anger he received from Louisa Morgan.

"That's all in the past!" Morgan Jr. fiddled with his fingers unmoved, and said calmly, "Think about your worst-case scenario. Will President Alton Parker's illness relapse? I'll calculate it at 50%. Will President Roosevelt run for election again? I'll still calculate it at 50%. If President Alton Parker can't run again, there's still a 50% chance that the Democratic Party won't nominate William Bryan. Nominating William Bryan may not necessarily win, because so far William Bryan has only experience of losing elections, and the only experience of winning is being the vice president. With so many conditions calculated, the probability has reached less than 10%. Am I right?"

"On the other hand, as long as Roosevelt is willing to come out again, he will definitely get the Republican nomination under normal circumstances, unless you can let the Republican Party put forward its own candidate. And William Bryan, as the current vice president, will also have a high probability of getting the Democratic nomination if the president's health does not allow him to run again. Don't look at me like that, I am only speaking according to the conditions you set." Sheffield curled his lips and said, "What's the point of saying this? Is it a mistake to make some preparations in advance?"

Seeing that Sheffield and Morgan Jr. were about to confront each other, Rockefeller Jr. stretched out his hand to dissuade Sheffield and said, "William, stop for a moment."

Then he turned to Morgan Jr. and said with a perceptive smile, "My dear friend, as William said, you are a banker and you will not pin your hopes on luck. No one knows better than you how risky the financial industry is. If you valued luck, the Morgan family's bank would not have grown so big."

"I know that there are conditions for helping. Can you tell me your conditions?" Rockefeller Jr. stood up and walked to the desk in front of Morgan. He placed his hands on it and said condescendingly, "Isn't that right?"

Morgan Jr. opened a drawer, opened a pack of cigars and handed it to Rockefeller Jr., but the latter refused, "Thank you, I don't have this hobby!" The Rockefeller family is only interested in two things: making money and using the money to live a long life.

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Compared with Morgan Jr. and Sheffield, Rockefeller Jr. almost lived a Puritan life. Rockefeller Sr. was a very old-fashioned person. Even his facial expressions didn't change much, and he always had a poker face.

"You should learn to enjoy life!" Little Morgan didn't care. He threw a cigar directly to Sheffield on the chair, lit up the cigar and said intoxicatedly, "Yes, I won't act rashly just for the sake of our friendship. When I targeted the DuPont family, I was motivated by profit, but I helped the Sheffield family after all, didn't I? Helping once is enough. For something like manipulating the election, it takes a lot of energy. You actually want to do it a second time?"

"Why would I risk my time and energy to manipulate the election?" Morgan Jr. pointed at the two guests and said, "Just for friendship? We are all adults, we should talk about things that adults are interested in. Talking about friendship is childish."

"Let's stop talking nonsense and state your conditions." Sheffield also understood that it was not that Morgan Jr. was unwilling to take action, but that he would only help if there were interests that moved him.

"Very good, then I'll get straight to the point. The huge amount of money stored in the current financial industry needs a carrier." When Morgan Jr. heard Sheffield speak, his attitude immediately took a 180-degree turn and he no longer mentioned anything like "maybe" or "perhaps". "The steel company is a good choice. It has also undertaken this important task in recent years, but it is not enough. A new carrier is needed. William, do you understand what I mean? A new stock king must appear."

(End of this chapter)