Wall Street of the third generation chaebol

Chapter 34



< A small ball launched by the War Department. (1) >

“This little Detroit Morgan. Isn’t America’s economy just a toy? Otherwise, you can’t sleep like this, can you? Let’s talk to the Minister of Finance.”

Secretary of State Sherman crossed his arms and looked at the Secretary of the Treasury with contempt. In his eyes he looked nothing but Treasury Secretary Gage, Detroit Morgan, or a rogue playing with the American economy.

Excited, Sherman jumped out of his seat and began to point Treasury Secretary Gage.

“They say to tear down the old and corrupt railway companies and design a new railway industry, but in the end a bigger kingdom of trust has been built!!! You guys are putting the US economy in a very ditch!”

“Secretary of State Sherman. Emotions are coming out.”

At McKinley’s warning, Sherman paused.

Then, as President McKinley wriggled his characteristic thick eyebrows, Secretary of State Sherman sighed dissatisfied and sat down on the road seat.

But the mouth did not stop.

“… Eventually, the Trust will grow into a giant cockroach that corrodes the American economy. When they establish a monopoly, they will start to raise train fares gradually.”

Pang- Pang-

Secretary of State Sherman clapped the Black Wednesday report with the back of his hand dissatisfied. The moment the holding company of the four major railroads, the so-called ‘Big 4’, is listed on the US stock market, it merges with the US economy and falls into an inseparable situation.

“Then who will stop them?”

A Detroit Morgan loach caused the second act of the Gilded Age to rise. Sherman was an anti-trust person who stood up in the neck while shouting anti-monopoly more than anyone in the gold plating era. He wanted to prevent that catastrophe, even if dirt got into his eyes.

Seeing Sherman’s scorching gaze, President McKinley thought as he stroked his cleaved chin.

“But the timing is not very good. Secretary of State Sherman.”

“What time? What better time to draw than this? If you miss it now, your chance to run an antitrust will be gone forever! Cool! Cool! Cool!”

Secretary of State Sherman suddenly shrugged and let out a raging cough.

President McKinley sighed.

“With that body?”

“……!!!”

“Besides, most of the current Republican leaders are pro-Trusts who have family ties with the Railroad Trusts. Can you reject them all and survive the Republican Party?”

“……”

“I don’t really like Rail Trust, but the timing is the worst. I am not on the pro-business route for nothing.”

President McKinley picked up the Black Wednesday report with a serious look. If he reverses what he just said, the rail trust ‘Big 4’ does not have a golden opportunity as it is now.

Besides, it wasn’t just the railroad trust that was lurking.

“I think you both know. Recently, the big Wall Street banks and the Railroad Trust said they were ready to work together to launch the Federal Monetary Commission.”

McKinley’s suspicious gaze turned to Treasury Gage.

“I know that the Federal Monetary Commission also includes figures from the Ministry of Finance. You seem to be hanging out with them a lot lately?”

“……!!!”

“I will watch.”

“……sorry.”

Treasury Secretary Gage fell once more at the sight of the blazing President and Secretary of State. President McKinley quietly turned the paper in the report.

flutter-

“The name of the senator who has now introduced the Federal Monetary Commission bill to the Senate… is familiar.”

“Senator Eldrich. As far as I know, his daughter and the eldest son of the Rockefellers are dating. He’s the leading pro-trust figure in the Republican Party.”

“Then the bill will pass.”

after-

President McKinley sighed. Then he looked at Secretary of State Sherman with a bit of annoyance.

“Priority on hold.”

“Yes? Even if we can’t dismantle it right away, the level of regulation is!”

“Secretary of State Sherman. This reorganization of the railroad industry is a financial operation designed by a genius designer named Detroit Morgan like a craftsman. What if the U.S. economy goes down? Are you in charge?”

“……!!!”

“If you are a human being, you have to know how to pass when you fall. Opportunities will come one day. But right now, shipping companies and plantation investors are getting a lot of money because of the Cuba issue, so I’m going to put a hold on the rail trust issue for the time being.”

“……Yes.”

Secretary of State Sherman squeezed his eyes shut with a complicated look on his face.

After sinking Sherman, McKinley came out with the next agenda item.

“Well, the New York Stock Exchange is alive, so it’s not urgent right now. Wouldn’t the Spanish Empire be different?”

Spanish Empire.

When the magic word appeared, the momentum of the ministers attending the ministerial meeting changed. McKinley rummaged through reports related to the sinking of the Maine.

“How is the investigation into the sinking of the main ship going? Navy Secretary John Long. Is it really the work of the Spanish Empire?”

“…still under investigation.”

“Is that so. If there is any progress in the investigation, please report it immediately. Oh, of course, you can ignore all requests for joint investigation by the Spanish Empire.”

“Yes. I will.”

Unlike Sherman or Gage, McKinley looked at Secretary of the Navy John Long with a soft gaze.

Those present at the ministerial meeting were also familiar with the fact that Navy Secretary John Long was a personal close friend of President McKinley.

“……”

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Only one.

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Only Assistant Secretary of State Theodore Roosevelt, who had a confrontation with Secretary of the Navy John Long, had his eyebrows clenched.

But this is a ministerial meeting.

Roosevelt managed to remain silent, twisting his trembling lips.

President McKinley spoke again.

“They said that the yellow press in New York was driving public opinion and agitating citizens. Cuba should be liberated. We must free ourselves from the oppressors of the Spanish Empire. Well, it is not unreasonable that the situation in Cuba overlaps with the American War of Independence…”

“We are America, a developed country that loves freedom and peace, unlike the barbaric empires. For the first time in February and March, let’s try to solve it diplomatically first.”

“Still, I can’t let go of the war at all, so I’ll talk to Congress about the additional budgeting of the War Department and the Navy Department.”

At President McKinley’s words, sighs mixed with various meanings erupted.

Cool-! Cool-!

Secretary of State Sherman was on the verge of collapse because of health problems.

“Haha, that’s right.”

“As a proud American who loves peace and freedom, it is a law that must be solved through intelligent diplomacy. I agree.”

The Minister of War and the Secretary of the Navy were the rattles of President McKinley, so of course they agreed.

ha-

Treasury Secretary Gage sighed in lamentation, knowing Morgan’s will to war.

“……”

And then Assistant Secretary of the Navy Theodore Roosevelt clenched his fists, sparks in his eyes, as if he had decided something.

***

“I don’t have an answer.”

puck-

Theodore Roosevelt angrily shoved his suit jacket over to the secretary. The secretary accepted the top in a familiar position and expressed his doubts.

“What else did you do with the Secretary of the Navy?”

Roosevelt remembered.

They seem to have solved it diplomatically, and the installation was done by President McKinley, or idiots who only nod their heads like yes men. The conference hall was full of assholes.

“Nudes.”

“Yes?”

“They are full of the deception that the United States will win in a war and try to achieve a peaceful solution through diplomacy. Those idiots who have no intention of making any preparations for war on such a subject!!!”

bang-

Roosevelt couldn’t contain his anger and slammed the White House wall. A naval minister or a war minister or a president. The nerds who were ignorant of war were immersed in the illusion of victory.

So, you’re trying to do diplomacy in this situation, and you’re arguing with the Spanish Empire.

Isn’t this cheating or something?

His secretary asked cautiously.

“Still, I can’t imagine the future of America losing…”

“I won’t support it. The problem is the damage the US will suffer!!! The Spanish Empire is a dying empire, but the colonies are more experienced than the United States! Most likely, American soldiers will die in abundance. Is that a real victory?”

If the Spanish Empire takes advantage of the terrain ahead of time and pushes it forward, the US military will suffer terrible losses.

The US military, unfamiliar with the terrain, can only use a very ignorant strategy of simply pushing it with quantities. It was also taken over by lobbyists and became insolvent as it became insolvent.

“Still, don’t you have the experience of the Civil War?”

“Civil War? The Civil War 40 years later?! Are you saying that now!!!”

And most of the heroes of the Civil War are now of the grandfather’s generation. In a situation where that generation, Secretary of State Sherman, collapses with vomiting right now, does it make sense to believe in them and go to war?

Even though he participated in the Civil War in his 20s, he is now in his 60s. However, the humans in the conference room did not have any tension about war, whether it was the confidence that came from where they came from.

Rather, the finance minister was more nervous. Does this make sense?

Theodore Roosevelt opened his eyes.

“Isn’t it the Navy Secretary John Long’s holiday soon?”

“Yeah, it’s the 10th day since the main ship sank.”

“That crazy kid. How can you take a vacation when the main ship sank? I’ve known him since he was a civilian control and proudly boasted about his ignorance of the navy, but I don’t think it’s going to be this bad.”

But while Long was away, it was just the right time to take over the Navy.

‘…Why do I even have to worry about this?’

under-

Theodore cools the heat as he stifles the boiling anger. Are there not so many talented people on this vast American continent?

Suddenly, a person’s name flashed through my mind.

“……Detroit Morgan.”

“Yes?”

“I’ve heard that name somewhere…”

Theodore Roosevelt shook his head desperately. It’s definitely not a Wall Street buzzard in New York, it’s a name I’ve heard at the Naval Department building.

The secretary said cautiously.

“If you’re Detroit Morgan, aren’t you the one who was excited to report that Colonel Sampson hired retired naval officers?”

“ah!”

Roosevelt clapped his palm.

“That’s right. Why did I forget this name? Come to think of it, it was Detroit Morgan who boasted that Frank was a friend at the Roosevelt family party. I remember.”

“But why?”

“No, just.”

Roosevelt felt relieved at the thought of Detroit Morgan, who solved the veterans problem in one shot, rather than only the Secretary of the Navy or War Minister, who seemed to be incompetent and frustrated.

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Of course, it took a while to be a minion of the robber aristocrats who completed the Big 4 Railroad Trust, but rather than that problem, I felt like I wanted a cool Coca-Cola or George with a stuffy sweet potato right away.

Roosevelt was, after all, a man in the Navy.

“Suddenly I like it.”

The 26th future president, the current assistant secretary of the navy.

Detroit Morgan’s full name was imprinted on Theodore Roosevelt’s head.

***

March 1898.

March passed quickly.

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Once the vacation was over and I returned to Groton School, I was balancing my studies and business.

The design for the railroad industry was already completed in February, but actually implementing the design plan was another story.

However, since the working monster Rockefeller and the financial monster JP Morgan were together, the railroad reorganization was happening in an instant.

“John Davidson Rockefeller…what the hell are you doing? How the hell did you finish the reorganization of the massive Eastern Railway in just one month in March?”

I clicked my tongue as I read the letter from Rockefeller.

Now, even if a letter came to Rockefeller, I accepted it. When the first letters to John Davidson Rockefeller began to arrive, they were welcomed with trembling hands, but now, due to work, the letters are literally pouring out, so I can’t afford to receive them.

“Reorganization of the Pennsylvania Railroad (PRR) has been completed. Pilot coal and oil transportation started? already? There’s no such thing as a hand-made monster.”

However, I was not surprised by Rockefeller, and soon the news of the completion of the railroad reorganization of the BNSF came through Chairman Morgan.

These Munchkins.

“Is the question ready for listing?”

However, the preparation for listing, which I thought would take shorter than the railroad reorganization, was taking much more time than expected.

Unfortunately, I had to combine the accounting data of the railway companies that were merged into one, and the problem was that each railway company had more than 100 sets of accounting data.

Even more than half of them were accounting data covered in accounting fraud.

“The Coca-Cola Company, which has branches nationwide, has only three sets of accounting data. 100 sets per railroad company? This is to die.”

It was rumored that Rockefeller was also going through asceticism. Even though I was gathering all the leading accounting firms on Wall Street and collecting the accounting data, I got tired of the news that it would take another three months.

I folded the letters from Rockefeller and Morgan and put them in my arms.

‘The last letter…’

wickedness-

When I cut the last envelope with a letter knife, it was an envelope from Wells Fargo President Tevis. I read the letter quickly.

f*ck-

“You raked in stock, bonds, and loans of the Holt Tractor Company from the banks of California. Benjamin Holt the man. When I saw the amount, I was completely blown away.”

Good news.

With this, the Holt Tractor Company fell into my hands. If this tractor company obtains a patented caterpillar track, the foundation for the development of tanks will be completed.

Awkward-

clenched his fist

Combined with the mass production system of International Harvest, which has been rotting,…!

chin-

“Morgan, what are you doing? I’m starting my math class.”

Then, Frank put a thick math book on my head, breaking my thoughts. Tears welled up in my head as if I was going to fall out of my head.

He shook his head and looked at Frank.

“shit. I told you not to do that! That math book is as thick as a law code, so it’s a complete weapon?!”

“I thought I needed an exorcism because I was smiling wickedly again. Haven’t you seen Chris by the way? I haven’t seen you these days.”

“……”

“That mafia child. I guess he didn’t drop out because he didn’t like math class, did he?

“haha.”

I let out a rotten smirk.

‘No, I am not resigning…’

I did more scoring.

Instantly in my head, an Irish red-haired boy with a machine gun and a gang leading the militia and installing it came to mind. It was officially approved through Tamani Hall, an Irish political organization, or something.

My mouth, saying that there might be a war with the Spanish Empire, was an apology.

ha-

“Well?”

Roosevelt tilted his head at my deep sigh.

“Nothing.”

I waved my hand and put the letter from President Tevis into my arms. Chris’s militia is also a militia, but there was work to be done before that.

It is also very important for the 20th century.

‘First, let’s take over the Holt tractor company.’

Investments for future tanks as far away as California.

< A small ball launched by the War Department. (1) > end


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