Chapter 392 Dramatic Advantage
When the news of the "Paris Cannon" spread, the Germans were probably all confused.
Because this is real, the Germans are indeed implementing the "Paris Cannon" plan and have even entered the production process.
The Germans were puzzled. How could such a secret, which only a few people in Germany knew, become known to everyone in France?
Who leaked the news?
This must be investigated thoroughly!
Charles didn't care about that. He only knew that the market reacted to it:
The big insurance companies can barely hold on, and they avoid it by raising premiums, and the high-risk premiums will rise accordingly. For example, Duris Insurance Company directly doubled the premiums, but the claims conditions became extremely harsh, which made people suspect that they were "playing tricks".
Small insurance companies were eager to escape because no one knew when the Germans would be able to build such a cannon.
What if it's tomorrow?
The Germans blew up a bunch of houses. Didn't all their work over the years have been in vain?
Not only will you work for nothing, but you will also end up owing a huge debt that you may never be able to pay off in your lifetime!
It was at this time that Dejoka took action. He acquired three small insurance companies in one go and merged them into "Bernard Insurance Company".
The reason why "Charles" was used instead of "Bernard" was to avoid having the brigadier general Charles have too many connections with capital and give others a handle, although everyone knows what is going on.
Then……
A dramatic scene occurred. Even though the premiums of "Bernard Insurance Company" were the same as or even higher than those of other insurance companies, people still invested their money in "Bernard Insurance Company" regardless of the consequences.
Rival Duris Insurance Company has repeatedly cut its premiums but to no avail and still has not been able to win back customers.
Even Djokovic was surprised by this phenomenon. He asked his assistant to secretly investigate why this abnormal phenomenon occurred, and the answer he got was:
"They think that Shire is a conscientious capitalist who does what he says, so they don't need to worry about compensation."
Djokovic said "hmm". The reputation of an insurance company is very important, and no one can match Charles in this regard.
"They thought it was right to put the money in Charles' insurance company because he had saved Paris and saved many lives."
Djokovic was stunned. He had not expected this.
But think about it, the whole of Paris was saved by Charles, and even France. In this case, it is natural to let Charles make money, which is better than letting other capitalists who do nothing make money.
"Some people also believe that the Shire will use the money it earns to save those who need to be saved, or to spend it on the battlefield, so they are willing to spend the money."
Djoka was very pleased, as this was the good reputation that Charles had accumulated.
"More people think this way: they have paid high premiums in Charles' insurance company. If Charles doesn't want to lose money, he will invent something or lead the French army to defeat the Germans with the 'Paris Cannon', so their money is worth it. Someone even asked if there is insurance for attacking Berlin. If so, he is willing to use all his savings to buy it!"
Djoka rolled his eyes and said, "That's not insurance, that's gambling!"
Charles also found it unbelievable when he heard this. In the past year, he had been dealing more with capitalists and had gradually developed the habit of thinking about problems from the perspective of "interests".
Now, he realized that when doing business, one should consider the object: when dealing with capitalists, one should talk about interests, and when dealing with citizens, one should talk about feelings.
Now, everything Charles had done before, including charity, inventions, and even the reputation he had gained on the battlefield, came into play.
The "Bernard Insurance Company" was growing rapidly with a daily fortune of millions of francs, and the speed was getting faster and faster. In just a few days, it exceeded two million in daily premiums.
More importantly, Charles knew that the German "Paris Cannon" would not pose a threat to Paris, so the money was taken for free with almost no risk.
This is crazy!
Back then, Charles spent a lot of effort to invent the tank and risked his life to command his troops to defend the town of Darvoise, but in the end he only made 990,000 francs after selling the property rights. Now he can easily earn millions in a single day without doing anything.
No wonder modern America has been hollowed out of industry by the financial industry. With financial money being so easy to make, who would want to engage in industry!
…
In front of the gate of the police training base, outside two guards carrying rifles, Fossenden, wearing an old windbreaker, was wandering anxiously.
Versenden had been waiting here for three days, but Charles never came out. His white beard was tangled from lack of care, and his glasses on the bridge of his nose were covered with dust.
(The picture above shows a portrait of Versenden, an American radio expert. The number and types of his inventions are second only to Edison, but he is almost unknown. During World War I, he researched sonar for Britain)
As a scientist, Versenden holds more than 500 patents for inventions, including the radio.
However, due to his lack of emotional intelligence and tact, his wealth was never commensurate with his achievements.
Versenden worked as Edison's assistant for four years, but Edison fired him due to financial problems.
He then took a job at the U.S. Weather Bureau, a good job that paid $3,000 a year and allowed him to keep all his inventions, but the director of the Weather Bureau tried to seize half of his patents, forcing him to resign.
Next, Versenden worked for the National Electric Signalling Company (NESCO), which also tried to seize Versenden's patents, and Versenden was fired again.
This time, Fossenden took the Electric Signal Company to court hoping to get liquidated damages, but the other party relied on capital to play a "time" game with Fossenden.
The impoverished Versenden cursed: "Is there no good capitalist?"
At this moment, a name suddenly flashed through Fossenden's mind: "Shire"!
People said he was a "capitalist with a conscience" who invented many devices and was said to have encouraged workers to invent and allowed them to retain the property rights of their inventions.
Then Versenden hesitated again. Charles was more interested in inventing things for war equipment, and he didn't seem to have anything useful to do.
Suddenly, Versenden thought of the echo sounder he used to detect icebergs, which might be useful to Shire.
So, Versenden made up his mind, bought a boat ticket and traveled thousands of miles to France.
When Versenden found Charles' residence, he realized that he had oversimplified things. Not everyone could meet Charles, especially since he was a foreigner who could easily be mistaken for a spy.
Unable to wait any longer, Versenden gritted his teeth and decided to take the risk.
Thinking about this, Versenden straightened his coat, strode towards the base gate, and said to the guard confidently: "I want to see Charles. I have important information about the Germans and need to report it to him in person!"
(End of this chapter)
Continue read on readnovelmtl.com
