Chapter 581 Blushing Australian
"No more, nothing." Sheffield looked at the sign of Rio Tinto and muttered. There will no longer be the so-called three iron ore giants of Britain's Rio Tinto, Australia's Biliton and Brazil's Vale. In the future, there will only be Rio Tinto, which will control the world's iron ore, and it all starts from Australia.
Australia and Brazil have cost advantages, which, in the era of globalization, would be enough to squeeze out the mining industries of Russia, the Republic and the United States, without exception, even the United States.
As a Dixie native, Sheffield should have done what he did to destroy the industrial areas of the Great Lakes in the United States and turn them into the Rust Belt. In the eyes of slave owners, there is no such thing as Americans and foreigners; they are all treated equally.
"A colony with only two prosperous cities and the rest is wasteland has established a company, so are you worth being so happy about?" Seeing that Sheffield began to feel good about itself, Louisa Morgan pouted and muttered.
"The West was extremely desolate back then, but isn't it getting better now? If you want to gain something, you must act early and do it yourself. Cooperation is not advisable in principle. If you must cooperate, you must hold the initiative firmly in your own hands. This way, if you are acquired one day, even if you lose the majority of shares, you can still retain influence." Sheffield reached out and pinched Louisa Morgan's shoulder, but immediately took his hand back because Edith Rockefeller was watching.
Seeing Sheffield showing a strong desire to survive, Edith Rockefeller rolled her eyes in satisfaction and said, "This slave owner has a strong possessiveness. Once he feels sure, he will invest at all costs."
In this situation, Sheffield really didn't know whether Edith Rockefeller was talking about business or women, or both, so he could only pretend not to understand and laugh it off.
"High investment will bring high returns!" Sheffield said with a double meaning, "If I hadn't invested in the automotive industry, how could I have achieved the results I have today?"
Sheffield believes that as long as it is a profitable industry and conditions permit, it must pursue controlling stakes at the beginning. This is also what Rio Tinto must do. If it does this, it will have the initiative in the future.
Just like the case of United Motors, if the deal was done and Sheffield only had 10% of the shares, but still had 40% of the voting rights, he could still have an influence on United Motors as long as he could win over some shareholders.
In fact, United Motors is still controlled by Sheffield, but there are more shareholders who pay dividends, and it is no longer like before that most of the profits belong to him.
Later, Chinese capital wanted to raise funds to acquire Australia's Bito Mining because of the skyrocketing iron ore prices. In fact, the acquisition was useless, because even if it was successful, Bito could still control the price of iron ore. No one could stop it from raising prices for the Republic, because the voting rights were still in the hands of the original shareholders.
Nippon Steel owns shares in Brazil's Vale, but it is also useless. The price will still go up as it should.
Therefore, internationalization is something that should be done sooner rather than later. If you occupy a good position and do not pursue short-term gains, you will be invincible in some industries. The raw materials sector is different from consumer goods. The less technologically demanding an industry is, the more tenacious organizations such as trusts and cartels are. OPEC is a typical example.
During the first few days in Melbourne, Sheffield's life was very monotonous. He went hunting when he had nothing to do, and then he would mock the Australian Labor Party with Benjamin Buck. His ugly capitalist face was undoubtedly revealed. In his opinion, if Australian workers wanted to compete, they could simply lower their wages. But it was shameless for them not to want to lower their wages but still have to work.
"This has given me a bit of a warning. Once this kind of thought appears in the United States, we must strictly control it." Sheffield has already seen that although the environment of Australian workers cannot be compared with that of later generations, it is definitely better than the treatment of workers in the United States. It's not just a little bit better, it's completely two levels of living.
The true situation in Australia must not be known to the citizens of the United States.
"Market rules tell us that we should produce where the cost is low!" Sheffield's words made Benjamin Buck nod his head repeatedly, but when he thought of the current situation in Australia, he said helplessly, "But Southeast Asia is too dangerous, otherwise I really want to open a factory in a suitable place and resell to Australia."
"There will be such a day. Even these workers cannot go against the laws of the market. If you force us to do things we don't want to do, we will only suffer the consequences in the end." Sheffield encouraged Benjamin Buck with great certainty. We are free capitalists and can do business in any free place. Otherwise, if we make money, we will let you die freely.
To Benjamin Buck, Sheffield was a brother in the trenches, but on another occasion, when he met with Australian parties and performed his duties as a member of the Democratic National Committee, he changed his face.
Sheffield praised the White Australia Policy loudly, believing it to be a very far-sighted decree. He praised it with a cruel smile, "We killed all the aborigines of Australia, exterminated the Tasmanians, and made countless native animals extinct in exchange for our land, but we should not pity them. From the perspective of social Darwinism, this is very normal. We don't need to pity them. Although everyone is a murderer, it is not wrong to do so for money. So I understand the White Australia Policy of the Australians. If you have done something bad, you must be on guard."
Sheffield spoke freely in front of many officials of the Australian Labor Party, and praised them with a smile, but many of them couldn't stand it and frowned tightly. Although it was a compliment, it seemed like a slap in their faces.
"Mr. William, that's not the case. We are also working for the workers' lives," Billy Hughes corrected with a frown.
"Yes, that's how we explain it to the citizens, and the voters will definitely believe it." Sheffield took off Billy Hughes' hypocritical face as soon as he spoke. "Nationalism is a way of thinking. Of course, we are right and outsiders are wrong. Even if outsiders are right, we cannot admit it. It's like you made the last Tasmanian into a specimen. It's purely academic research. Although some people in other countries will say that this is evidence of crime, who cares what they say!"
Many Labor Party officials looked at each other, and were about to speak to Sheffield. Billy Hughes said, "Mr. William, you are not an Australian citizen, so you may not understand many things."
"Everyone is doing the same thing. Decades ago, many citizens of the United States also chased Indians to collect bounties." Sheffield held up his glass with a look that everyone understood. He smiled and clinked his glass with the other party. "I understand. Australia has a population of only a million, and there are tens of millions of Asians living on nearby islands. You are afraid that one day what happened to the Tasmanians will happen to you. I didn't say the Labor Party was wrong. In fact, I agree with it."
"This is also the purpose of my visit. The United States and Australia have a consensus on this point. Because we were all murderers back then!" Sheffield changed the subject and said, "But the threats are different. The external threats Australia faces are stronger. Out of solidarity, the United States certainly has an obligation to protect the peaceful lives of Australians. We are brother countries!"
Australia is xenophobic, Sheffield thinks it's fine, there's nothing wrong with that, accepting foreigners is a suicide act in itself, until the day comes when the internal conflict can't be resolved. People from other countries will never sympathize with Australians, they will only think that accepting immigrants without restrictions is stupid, and they deserve this fate.
Most people in this world flatter the powerful and bully the weak. When a country falls on hard times, ridicule far outweighs sympathy. Don't be fooled by the United States, which acts like the whole world loves it. When the country collapses, the naive citizens of the United States will know what the real world is like.
Sheffield himself is such a person, how can he say that what Australians do is wrong? In fact, he thinks that Australia's current situation is very suitable for the injection of international capital, especially American capital.
Australia itself is an abnormal country, with only a small amount of habitable land, which is comparable to Egypt, where 97% of the land is desert. The advantage is that the population is sparse, and although it is not habitable, it has abundant raw materials. This is the most ideal place for international capital to parasitize, especially for the capital of the United States.
Although many people, including Billy Hughes, were somewhat uncomfortable with Sheffield's praise, which sounded like a mockery, there were still some Labour Party officials who believed that Sheffield did not treat them as outsiders and said whatever he wanted to say. These people agreed with Sheffield's statement in their hearts, that's it, what's wrong?
The slave owners who stripped off the hypocritical mask of the Australian Labor Party were welcomed by many people. Even when talking about investment, they received a lot of support. At the beginning of the century, many mineral resources in Australia had not yet been discovered.
"My friends like Morgan and Rockefeller and I are very optimistic about Australia's development." Surrounded by many Labor Party officials, Sheffield said hypocritically that there was no one else but the United Company.
The surrounded slave owners sneered in their hearts, these people really deserved the name of the Labor Party.
"Did you accomplish your goal?" Edith Rockefeller and Louisa Morgan had been waiting for Sheffield to come back, and when they saw the drunk man coming back, they hurriedly asked.
"The mining company and the bank have been settled." Sheffield laughed drunkenly and said to Edith Rockefeller, "You don't know how popular I am. I made these Australians blush with praise."
(End of this chapter)
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