Chapter 575 International Shipping Company
Sheffield, the greedy slave owner, may not be as good at business as Morgan or Rockefeller, but one thing is certain: you can't expect slave owners to suffer losses if you don't see the rabbit. He can be compared with anyone in terms of the degree of sticking to the bottom line. If he says he won't do charity, he will never do it.
He said he would not be tempted by beauty. Even if Little Morgan pulled Louisa Morgan over, he could still pretend not to see it. Although he did have the idea of eating the sugar-coated food and hitting back at the cannonball, he still had to finish the job before he could do it.
Morgan Jr.'s words of praise for General Motors are not convincing in Sheffield. It's so good, so good, but when you look at the market share of 10%, it's like a certain mobile phone brand, with a profit of less than 5%, low price and high configuration, you have all the advantages? But when you check the market share, it's just this small. Are you wrong, or are the consumers wrong?
Sheffield was very considerate of others. He did not interrupt Morgan's performance and even asked someone to bring him a drink, indicating that if he was not thirsty, he could continue talking.
"I have no objection to the name United General." After Morgan Jr. finished his performance, Sheffield, in order not to let the other party do useless work, agreed to Morgan Jr.'s proposal.
If they had to use a new name, they could only use this one. Should they call it General Motors? Why should the Morgan family's industry be named before their own industry? The market share of the two in the automotive field is completely incomparable.
The Morgan family and the Rockefeller family jointly contributed $700 million, together with five companies for equity swap, as the price of this merger and reorganization. This was an unprecedented operation not only for Sheffield, but also for the Rockefeller family and the Morgan family.
It can be said that in previous mergers and acquisitions, the Morgan family always made money by reselling. If Sheffield had not helped Morse, the steel company that Morse had originally held, which was worth over 100 million, would have been directly acquired by Morgan for 25 million. Before the Wall Street elites in the United States fleeced the world, they had already practiced it in China for a long time, and there was no shortage of successful people in the eyes of citizens as victims.
Even many billionaires and industry giants fell into the hands of the Morgan or Rockefeller families.
This merger and reorganization is different from the past. After a long period of shearing, someone will always be alert. Just like some countries in later generations were harvested by Wall Street once, the relevant countries would be more fully prepared. Sheffield and Rockefeller Jr. were able to snatch Carnegie Steel from the Morgan family. The main reason was that Carnegie himself did not trust the Morgan family. Why did he not trust the Morgan family? Naturally, it was the sequelae of shearing left by the largest banker in the United States. There will always be someone who will see through the tricks, but this requires a process.
Sheffield did not make any substantial concessions from the beginning to the end. The conditions were what they were at the beginning. Instead, he was waiting for Morgan Jr.'s opinion on another matter, which was the worst possible outcome due to President Alton Parker's health problems.
This is the source of the current merger and acquisition, and Sheffield will not forget it just because of his victory in the plastics industry and the current merger and acquisition with a total value of one billion US dollars. Sheffield has always had a strong interest in collusion between officials and businessmen. During the First World War, the country must be under the control of the friendly party.
After getting Sheffield's agreement in principle on the business issue, Morgan Jr. was relieved. With his father as a huge benchmark, he, as the heir, was under tremendous psychological pressure. How to surpass this was a problem.
Rockefeller Jr. took this matter lightly, but Morgan Jr. obviously did not have such a calm attitude. Sometimes Morgan Jr. envied Sheffield's family. The head of the family died early, but Sheffield, the heir, did not need to do anything to be compared.
For God's sake, little Morgan really didn't want anything to happen to his father.
"Let's go to another place and have a frank discussion about the next matter." A verbal agreement had been reached on the business merger, and Morgan Jr. proposed discussing political matters elsewhere.
In fact, young Morgan just wanted to find an excuse to let Louisa Morgan go back and get rid of this burden.
"How about taking an airship?" Sheffield suggested with the same relaxed look, "How about experiencing the feeling of flying?"
"Thanks, I'm not interested in that thing." Little Morgan simply refused.
As for the next party issue, Sheffield attaches more importance to it than the car issue. For a country like the United States, war can be a show of force without making money, but it cannot lose money. The statement that all wars in the United States are fought for interests is a bit of a generalization.
But if you catch an opportunity like the World War, it is impossible not to make money. The World War can make the DuPont family, a powerful company, become the most powerful company in the United States. Although it gave up the first deal later because of the end of the war, it successfully jumped to the top power in the United States through the accumulation of the World War, laying the foundation for the DuPont consortium.
If Sheffield were to switch to a joint company with a better foundation and larger scale today, there is no reason why sheffield would not do worse than the dupont family.
Taking advantage of this meeting, Sheffield revealed his intentions to the two powerful giants. He was not worried that the matter would not be accomplished, but that the other party would not do it with all their heart. If he wanted him to do it with all his heart, he had to put some pressure on him. Both Rockefeller Jr. and Morgan Jr. were cunning. Without something at stake, how could they be willing to put in the effort?
As for what to do, it was not something Sheffield could control. He had already verbally agreed to the merger. But this matter could not be revoked. Wouldn't it take time to raise money? Could it be that when Morgan first wanted to acquire Carnegie Steel, he could come up with $500 million in cash the next day?
Assets and cash are not the same thing. There are many things that can be considered assets. Do houses count? Do stocks count? Do bonds count? But converting these things into cash is not difficult, but is it easy? Not necessarily!
After the discussion, Sheffield suddenly felt lonely and told the bodyguard beside him, "Go to the headquarters of the American International Shipping Company and the dock to see my future career first. What if the Morgan family does something? This is something that we must be prepared for."
Sheffield felt that it was not an excessive move for him to see the future spoils with his own eyes first. Of course, in Louisa Morgan's eyes, this move was excessive, and there were even more excessive ones.
"What are you doing here?" Louisa Morgan was very hostile to Sheffield. The industry she was in charge of was about to be handed over to this man, so naturally she didn't have a good tone.
"Of course I came to see my future career. I'm mainly afraid that you might do something. Women are irrational creatures and can do anything." Sheffield said with a tone of someone who has experienced it. "I have a lot of experience in this area."
"It's like you have a lot of women." Louis Morgan said with a sarcastic look, "Those women are just attracted by your money. Do you think they love you so much?"
"It's a question of success rate. Having money does give me more choices." Sheffield readily admitted this and asked, "You make it sound as if the men who pursue you are completely attracted to you. If you were not Morgan's daughter, you would have fewer suitors."
As Sheffield spoke, he looked around in Louisa Morgan's office, then saw the photo of the person involved, stopped and looked at it carefully, and from time to time he turned back to glance at Louisa Morgan herself, as if comparing something.
"What do you want to do?" Sheffield's strange behavior made Louisa Morgan alert. Why was he staring at her like that?
"Nothing, your photos are beautiful." Sheffield answered casually, his eyes never leaving the photo of Louisa Morgan. He already had a profound understanding of the photographic technology of this era.
How beautiful a woman is cannot be determined by her own words, but must be tested by the magic mirror. Edith Rockefeller is very photogenic, but she is still okay in person. Sheffield looked at Louisa Morgan's photo. To be fair, in terms of appearance, Louisa Morgan is a little more beautiful than Edith Rockefeller, but not to the extent of a world of difference.
So, the difference between a stunning beauty and a pretty woman is just one Morgan? The slave owners have created a new unit: an actress who can act in a movie is roughly equal to one Morgan.
"Don't keep staring at my photos!" Louisa Morgan had no choice but to come over and put the album away, saying angrily, "Your expression just now was very uncomfortable."
"I've seen many prettier women than you. Tell me yourself, who's prettier, you or Alice Roosevelt? She's not the prettiest woman I've ever seen. She's about the same as my wife Anne." Sheffield said with a look of disregard for attention, chattering on, "I invested in Hollywood. There are plenty of beautiful women. As long as I want, she's the dream lover of countless men and can make me licked."
"Just some vain women!" Louisa Morgan said disdainfully, "If I wanted to, I could do it. Isn't it the same for men? It's just that I don't want to do it."
Sheffield didn't have time to argue with this arrogant woman, and directly said that he wanted to visit the dock and observe the current strength of American International Shipping Company. However, Louisa Morgan was very uncooperative and the two of them were in a stalemate.
(End of this chapter)
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