Chapter 569 The Lion Opens His Mouth
If you want to make money, it is nothing more than increasing revenue and reducing expenditure. In essence, it is a combination of these two methods. No one's money is printed out of thin air. It's just that a hundred years later, companies in the United States often choose the latter, closing domestic factories, laying off skilled workers who require high wages, and replacing them with less greedy workers from third world countries, in exchange for more profitable financial statements and improving their company's stock. Although it is a temporary solution, it is also a solution.
The capitalists didn't have to pay the price, only a group of workers paid the price. In the early 20th century, Sheffield had many open source options, and could even try out industries that had been eliminated by history, such as air transportation tools such as airships.
How can something that exists not have advantages? Airships can also take off and land vertically!
"Kirov, reporting!" Sheffield spoke English with a peculiar accent in front of Rockefeller Jr.
"Kirov, report?" Rockefeller Jr. repeated Sheffield's words, his face full of confusion. What does this mean? And why is Sheffield's pronunciation so strange?
What's so strange about that? All Russians in Texas pronounce it this way! Sheffield ignored Rockefeller's surprise and even took a photo with the huge airship. Although he had a premonition that his image would be destroyed beyond recognition by the photography technology at the beginning of the century, he still did it.
In the following days, Rockefeller Jr. often advised Sheffield not to be unsociable and to understand the importance of unity. Maintaining the unity of the class is more important than anything else. Only when everyone sticks together can they be successful.
This is the truth, and Sheffield certainly knows it. Logically speaking, it is only a matter of time before everyone together forms the ruling class, completely evolves into parasites, occupies the brain of the United States, and attacks wherever they are directed.
If you think you are powerful and do not value unity, please look at the six oligarchs who emerged after the collapse of the Soviet Union. The final fact is that many people were forced to flee, the United States publicly condemned Putin for a long time, and Khodorkovsky was imprisoned, proving that condemnation alone is useless. Rich people should indeed have a sense of crisis. After all, there are so many people in the world who hate the rich.
This is inevitable. According to the textbooks, the ultimate stage of capitalism must be imperialism. However, there is also a question of who is the boss and who is the second. Even if this question is clear, Sheffield still feels that it is still a little early. After the world war, the power of the United Company will definitely be stronger. At that time, everyone can sit down and talk calmly. Should the top position in the country be given to William, Sheffield, or William Sheffield?
"I sell one million cars a year. Even if the profit is not high, it is still 100 million in cash. I have an income of 100 million every year. I have an absolute majority of shares in United Motors. And you want me to split it up?" Sheffield finally couldn't stand Rockefeller Jr.'s chattering and interrupted, "With the profits from the automobile industry, I can continuously invest in emerging industries. The overall profit of United Motors is not high because I have invested too much, which does not mean that the automobile industry is not profitable. Why should I give it up? If it were you, would you give it up?"
"I was able to remain calm and not refuse on the spot, which was a great restraint. Please don't mistake my kindness for weakness. Today I can kill Mexicans without any scruples. In fact, I don't have any psychological burden if I change to a citizen of the United States. With so many immigrants every year, I don't care even if there is a civil war."
This was the first time Sheffield talked about his attitude towards the Civil War in front of others. He usually only talked about it with his woman in a joking tone. But only the slave owner himself knew that he was talking about this matter very seriously.
It is no wonder that even Anne in Arlington felt that young Morgan was too greedy and unacceptable when she heard it.
"I believe that Morgan Jr. will not let you suffer any loss!" Rockefeller Jr. thought for a moment and said, "We understand the value of this industry. Not only do we understand it, but many people also understand it."
"You should be more aware of the strength of Black Gold Company!" Sheffield added in front of Rockefeller Jr., and then changed the subject, "Of course I believe that Morgan Jr., oh, and maybe you, will offer a very good price. We all have integrity, and I will definitely not suffer a loss. Don't think that I am in New York, as if it is a bit of a delivery to your door."
After several days of thinking, Sheffield was also calculating the Morgan Alliance. The other group of people were very envious of the automobile industry in his hands, and he was also envious of some of the industries in the other party's hands.
I don't know if Ford himself was under pressure in history, but Sheffield didn't feel any pressure at all. The negotiations were smooth, and in fact, Sheffield didn't have to wait too long before Morgan Jr. came to the door.
The airship flew close to New York and arrived at the Rockefeller estate. During this period of time, he couldn't help but think a lot. Was Sheffield telling himself through this incident that he had found another industry with huge potential and could flourish?
That is indeed the intention. If Morgan is interested, Sheffield can still show how he has to take on the responsibility of this era out of desperation and turn the airship company into the stock king.
As for the future, airplanes will still need to be continuously invested in and developed. If airships are eliminated in the future, we can only say that the speculators led by Morgan Jr. were unlucky and the industry was eliminated by the times. The slave owners cannot be blamed.
But obviously, the appearance of an airship was not enough for Morgan Jr. to imagine the future. Even if he was an adventurous banker, it would be too risky to invest in a physical object as soon as he saw it.
"William has been at Rockefeller Manor these days. Is he doing well?" Morgan Jr. greeted him humbly after arriving. "I have seen the huge airship. It is really shocking."
"I'm almost losing money and have to take the bus." Sheffield complained, scratching his head. "The entire United Company relies on the United Motors Company for profit. The overall environment is difficult, and I can't do anything about it."
Morgan Jr. thought the slave owners' complaints were just bullshit. Most of the United Company's industries were not listed, so he could not estimate the profits. However, the wealth represented by these listed companies was already very scary. Morgan Jr. mobilized much more capital than this number, but it was not his own. Most of the United Company's industries were Sheffield's own. If compared with the property, whether Sheffield had already approached or even surpassed the Rockefeller family, Morgan Jr. did not know, but he was definitely much richer than the Morgan family.
"The total value of your listed company's stocks is close to half of Standard Oil." Morgan Jr. had to remind him, "This does not include the value of United Motors. Although I have mobilized a lot of funds, they belong to the representatives of the 189 Morgan Alliances."
"Maybe your family doesn't like money. There are all kinds of people in this world." Sheffield seemed to be able to speak without any hesitation, and he directly praised little Morgan.
"I can do my best to help you and let the Democrats take control of the federal government again." Morgan Jr. said very sincerely, "I can even kill Roosevelt so that he will not pose a threat. Of course, it would be better to use other methods."
Sheffield seemed to be shocked by Morgan Jr.'s statement. Roosevelt was his father-in-law. They had such a close relationship, but Morgan Jr. actually wanted to kill him?
But even so, compared with the value of United Motors, it is almost negligible. Sheffield said unmoved, "How much is this worth? Is this also considered a condition?"
"Then what do you want to do? I've always been the one making the demands, and you've been so tight-lipped. I can't always tell you my bottom line. I'm afraid you'll cheat me." Little Morgan had to break away from his skillful rhetoric and said in a straightforward tone, "You kept silent and I was the one making the demands. That's not how negotiations work."
"United Motors has an annual profit of 100 million. Can you afford it? Well, I understand. You don't want to buy all of it. You just want to acquire a part of it, and then put it on the stock market after the acquisition and reorganization. Your Morgan family has always done this." Sheffield calculated clearly, "That's all for the automotive industry."
"How about I merge General Motors into United Motors?" Morgan Jr. suggested, "Convert it to half of the current value of General Motors? Isn't that okay?"
"GM is just another category in the automotive industry. It's a relatively strong company, but it's still another category!" Sheffield smiled. Seeing Rockefeller approaching from afar, he shook his head slightly and said, "It's far from enough. United Automotive accounts for 75% of the domestic auto market. What's GM's market share? It won't be more than 10% for a few years, right?"
Morgan thought for a moment, then suddenly seemed to realize something and turned around. When he saw Rockefeller, he breathed a sigh of relief and said, "You scared me. How come you walked without making any sound?"
"Have you done anything shameful?" Rockefeller Jr. asked calmly and sat down between the two of them.
"If General Motors is not enough, how about the telegraph company? I think you should also understand what an attractive industry this is. If General Motors is not enough, the International Telegraph Company is definitely enough." Morgan Jr. thought for a moment and said the name of another company.
Telegraph? This thing will be eliminated sooner or later! Sheffield shook his head again and asked in a low voice, "My dear friend, can't you come up with some sincere conditions?"
"Then tell me, which industry do you think is more valuable and can be used as a bargaining chip?" Young Morgan asked with a sigh.
Sheffield's fingers tapped rhythmically on the table, just like he was typing on a keyboard, and he tilted his head and said, "American International Shipping Company, and General Electric. Listen carefully, it's not General Motors, it's General Electric."
Morgan Jr. wanted to combine the companies' currently best-developed industries that were considered by the outside world to be the most promising. Sheffield was not polite and the business he mentioned was also a huge demand.
(End of this chapter)
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