Chapter 796 Capital also has a motherland (first update, please subscribe)

No steel company wants to support a competitor.

But Carnegie was also prepared.

"Manager Sun, I don't see how we can compete with you. The products you produce are often what we cannot produce. As we all know, American steel companies only produce ordinary steel, and the United States imposes high tariffs on ordinary steel, making it difficult for your products to enter the United States. However, the high-grade steel you produce is what the United States needs,"

When mentioning this, Carnegie felt a little bitter in his heart. The high-grade steel produced by Daming was high-grade product both in the United States and Europe. Many steel companies tried to crack their technology, but the results were always unsatisfactory. Moreover, Daming had always refused to sell patents to foreign countries, which led to other countries having to buy various alloy steels including high-speed tool steel from Daming at high prices.

Although the price of alloy steel is not low, but... the profit is higher. However, Daming monopolized the production of many alloy steels with its unique technology.

"So, it is difficult for your products to enter the US market. If, I mean if, we establish some kind of partnership, such as setting up a joint venture, and use American iron ore, coal and labor to produce steel, you can also make huge profits."

Looking at Sun Maoli, Kanaiqi smiled. Actually... he did not have enough funds to introduce equipment from Daming, but he believed that he could convince Daming. After all, no company could refuse profits.

"I have reason to believe that in the next ten years, relying on your technology and the huge American market, Dahua Steel Company can earn a profit of no less than 35 million US dollars!"

This number is tempting enough!

Who would turn down such a huge fortune?

But the next moment, his smile froze because of Sun Maoli's answer.

"Mr. Kaneki, you should know that in the face of national interests, profits are the least worth mentioning. Although Dahua Steel Company is a company, we are an enterprise that undertakes the mission of national policy. Steel..."

Pursing his lips, Sun Maoli said in a very emotional tone.

"The secret of a nation's rise and fall lies in steel. Our companies may not be in competition with each other, but what about our countries? As we all know, the United States is extremely hostile to the Ming Dynasty. If we establish a joint venture with you for profit, then in the future, perhaps one day, the steel produced by our equipment will become rifles that shoot at the Ming army, artillery shells, bombs..."

At this time, Sun Maoli's expression seemed serious and earnest. Looking at Carnegie who was so astonished that he couldn't even close his mouth, he shook his head gently.

"So, no matter how high the profit is, we must reject this business. Of course, we can reach cooperation in other areas. For example, we are happy to export rail rolling equipment to you. Our equipment has more advanced performance and can effectively reduce costs..."

In any case, business is always business. Some businesses cannot be done, but some businesses have no problems. For example, the export of complete sets of steel rolling equipment. Of course, there is no problem with this business. After all, the output of Ming Dynasty's equipment is only slightly more advanced than that of Europe and the United States. The main reason is that it uses electricity, so the production speed is faster. In addition, the rolling rollers are made of special steel - this thing has a lifespan. When the war broke out, the source was cut off, and the advanced equipment became ordinary equipment.

However, Carnegie had no interest in Ming Dynasty's steel rolling equipment, at least not at the moment. After all, the rolling mill in his factory had just been put into use and there was no need to eliminate it.

When Carnegie left the Steel Building, he looked quite serious while sitting in the car. His brother's expression made Tom hesitate several times to speak. He only spoke after arriving at the hotel and returning to the room.

"It seems that we have come to the wrong place."

"No,"

Shaking his head, Carnegie said.

"We came at the right place. Steel... The secret of a country's rise and fall is hidden in steel. If we hadn't come here, how could we have known this secret?"

Steel is the country!

At least in the Second Industrial Revolution, this is an unchanging truth: without sufficient steel, it is impossible to be a strong country. The strength of all powerful countries is equal to their steel production.

But now no one outside the Ming Dynasty has summed up this sentence. This seemingly simple sentence was like a thunderclap, making Carnegie figure out many things.

"Businessmen... We used to think that profit was the most important thing for businessmen, but here we see another kind of businessmen. Compared to profit, they are more willing to take on social responsibility! Right..."

Carnegie nodded vigorously and pointed at the city outside the window.

"Tom, why do their workers live comfortably, have holidays and pensions? All of this is their social responsibility. They may seek profits, but they are definitely not profit-driven..."

Pension, that’s mandatory by the state, okay?

However, Carnegie simply ignored this point.

"But, Andrew, all this is beyond our ability to afford,"

Tom certainly knew what Andrew wanted to say.

"We are working hard to make money now, only in this way can we help more people. If our factory takes on responsibilities that are not ours, our factory may be affected or even go bankrupt. At that time, how can we help others?"

"I know."

Carnegie nodded, and his tone became a little heavy.

“People who are obsessed with money are people of low character. If I keep pursuing a career that can make money, I will definitely fall into depravity one day. If I can gain a certain amount of wealth in the future, I will use it for social welfare.”

Carnegie wrote these words in his diary almost ten years ago. In another world, he actually did it. That is why he is respected. Not only because he is one of the three most successful entrepreneurs in the American Gilded Age, along with Morgan and Rockefeller, but more importantly, after his career success, he donated almost all of his huge wealth to social welfare without hesitation.

“I know, Andrew, so now, all we need is to make this happen!”

Listening to Tom's words, Carnegie nodded and then sighed.

"It's a pity that we can't import the equipment here. But, Tom, will we really go to war with the Ming Dynasty?..."

(End of this chapter)