Chapter 140 The Opening of the American Consortium
These days, Hu Chuyuan has done a new thing. He set up another gun and artillery battalion in the Fujian Marine Division, which is attached to the Marine Division and is stationed full-time in Mawei Port.
The general of the gun battalion was also selected. It was Ye Boyu, who had just returned from studying at the Royal Army Academy.
Before the court fully approved it, the matter was almost done. The cannons were also bought, and the soldiers were recruited. They were secretly placed in Luoyuan Bay to practice...
In addition, Hu Chuyuan promoted the telephone system in all the forts at the mouth of the Min River, including eleven dark forts on the back of the bank of the mouth of the river - these forts were very strangely repaired, all hidden in the hills, and the selected positions were hidden halfway up the mountain, covered with shade and green canvas.
The gun has not been fully shipped, and half of it is still in production at Krupp.
The construction of the seven turrets in the light continues to be intensified, using Armstrong's long-caliber artillery, which was replaced at the end of last year, with a caliber between 180mm and 320mm.
On this day, Hu Chuyuan inspected from Luoyuan Bay and returned to the ship's government government of the government with satisfaction. As soon as he arrived at the government of the government, he heard that Wu Shuzhen had come, and also together were Feist Delano and Albert Russell.
My wife has come to inspect!!!!!
Hu Chuyuan sighed happily, smiled badly, and hurried into the flower hall. At a glance, she saw Wu Shuzhen sitting in the corridor chatting with Pan Limei. She smiled and said, but she didn't know how happy and speculative she was.
I don't know why Hu Chuyuan has a feeling of uneasiness.
He bravely walked over and smiled with Wu Shuzhen, "Daling...!"
Before he finished speaking, Wu Shuzhen interrupted with a smile, "Okay, let's entertain other guests first. I'm here with my sister Limei!"
"This...?"
Hu Chuyuan hesitated a little, and then walked into the flower hall on the west side of the government office.
Fister Delano and Albert Russell are in the flower hall, chatting with Rawls and other old consultants of the Wanqi Technology Bureau. Now Rolls is also doing well. He has become a technical consultant of Fuzhou Steel Factory of Jiangnan Heavy Industry Bureau, and is also an invisible partner, withdrawing shares and dividends separately from Hu Chuyuan.
Seeing Hu Chuyuan, Fist Delano smiled exaggeratedly and said, "Oh, I finally saw you. We've been waiting for you all afternoon."
Albert Russell saluted politely and said, "Mr. Hu, we meet again."
Hu Chuyuan smiled, asked everyone to sit down, and asked Feist Delano, "Is the business of the rich country investment bank good?"
Fister Delano smiled slightly complacedly and said, "Don't worry, Hu, I'm doing everything according to your instructions. We have now integrated the holding and shareholding banks, reconstituted the new American National Trust and Savings Bank with Hanhua Bank, and also formed the new Bank of America Insurance Company and Bank of America Securities Company through mergers.
Hu Chuyuan nodded slightly and asked, "What about Wells Fargo?"
Fist Delano said: "As you said, Wells Fargo operated alone in the West and merged the National Bank of San Francisco and InterContinental Bank of Los Angeles. These two banks were not greatly affected by the financial turmoil, so the acquisition cost was a little high. Anyway, the situation of Wells Fargo is still very good, and the situation of San Francisco Bay Investment Company is also good. Everything is going well.
Hu Chuyuan smiled and said, "There is no evidence. Where is the financial report?"
Fist Delano said, "I have given it to your accountant. They are reviewing it, because it is an English account sheet, and it may take some time to complete the review."
Hu Chuyuan nodded slightly and continued to ask, "Is the cash-out on the New York stock market going well?"
Fister Delano hummed and deliberately thought for a while. Rawls got up knowingly and left with other technical advisers for a while.
When they left, Fist Delano whispered: "Except for the six stocks of steel, railway, chemical, machinery, mining and finance, the rest have been cashed out one after another, and the funds have been recovered by 192 million US dollars. In order to strengthen the control of Wells Fargo, Bank of America and Wanqi Bank, we have recently It also absorbed the shares of the three companies through the exchange of shares. In the steel industry, in addition to maintaining its shareholding in United Steel in the United States, we are also cooperating with Carnegie Steel in Pittsburgh. If everything goes well, we can integrate the Pittsburgh Coal Mine Company and establish a new Carnegie Steel Company by the end of the year. In terms of chemical industry, DuPont and Southen Chemical have a great resistance to us, so I consider re-locating new small chemical enterprises to invest in, taking advantage of our capital effect and the cooperation with German Zenchen Yanghang to establish a new large chemical enterprise. Of course, this still requires your consent.
Hu Chuyuan thought for a moment and always felt that there was still a gap in DuPont. If the opportunity was right, he could hold a large share.
But he still decided to respect the opinions of his partners.
He said, "Os, you are looking for another chemical company. Since it is a re-establishment, my opinion is to find the best operators and the best technicians to integrate them. The new enterprise will enter multiple fields at the same time, that is, drugs and medical auxiliary supplies, household washing products, oil exploration and processing sales, and then enter the field of dyes, paints and pigments through cooperation with the chemical dye company of Zenchen Yanghang Holdings. Of course, the field of gunpowder is also a focus.
Fister Delano listened silently and said after a while, "This means that we have to compete with DuPont and Standard Oil for the market, and it is still difficult. Personally, I think that the pharmaceutical supplies, washing products and oil dyeing industry will be easier to open the market in the United States, followed by the gunpowder market, and the oil market is the most troublesome. Recently, I tried to launch a small-scale forced purchase of Standard Oil with JP Morgan and Andrew Mellon, which was not very effective. Standard Oil is first of all a large-scale oil sales company, similar to Jiangnan Commercial Bank, with a perfect system and a strong sales network. It is unique to the United States in the construction of oil pipelines and oil ports. Using this network, he can always control other oil companies with very few shares, and there are a large number of monopoly terms in it. For example, the oil produced by these oil companies must be sold to standard oil for many years. In addition, they have been investing more since last year to try to control their own stones. Oil company."
Hu Chuyuan smiled.
Is it Rockefeller who can be easily caught by the loophole?
He thought for a moment and said, "I don't think that only Pennsylvania has oil in the United States. You might as well explore oil elsewhere. Florida, Texas, Louisiana in the Gulf of Mexico... I don't believe that there is no oil in such a large area. If there is oil in this Gulf region, we can completely build our own oil pipelines to major port cities, concentrate on port cities for chemical refining, and then transport the main chemical raw materials to New Jersey. However, let's go to California first. It doesn't matter how much money you invest...!"
At this point, he paused for a moment.
Money is not a problem. The problem is how to occupy the oil industry on a larger scale.
After weighing it in his mind, he organized a new idea and said to Fist Delano: "What I mean is to grab an oil company first, use this company to expand the technical personnel, management and sales teams on a large scale, and be ready to expand in California. Then, secretly explore in California. Once an oil field is found, it will quickly increase investment in a relatively low-key situation. If you can't find oil in California, then move it elsewhere and take a little risk... It's worth it!"
Fister Delano knows Hu Chuyuan's current financial resources, and this risk is affordable.
If it doesn't succeed, it will cost millions of dollars. Once it succeeds, it will really break through the blockade of Standard Oil Company.
Albert Russell suddenly asked, "Mr. Hu, we have expanded so much within a chemical company at the same time and attacked in multiple fields at the same time. Which industry should we focus on?"
Hu Chuyuan smiled and said, "We need to change our mind to operate this company. First of all, we need to establish a professional investment company, establish the same brand, invest in each target company and people, and operate multiple fronts and multiple companies at the same time. Finally, we will integrate them to form a unified large company. At this time, the investment company will change from the parent company to a subsidiary of a large company and continue to make new investments in the whole industrial chain.
"This plan is perfect!"
Albert Russell praised and said, "Moreover, we seem to be able to avoid the attention of JP Morgan and Rockefeller. Since we began to forcibly enter the oil market, they have paid special attention to us and always pay attention to our every move in the capital market."
Hu Chuyuan thought for a moment and said, "Well, Albert, I'll leave this matter to you. I'm very confident in your ability."
Albert Russell asked puzzledly, "What about the American news agency? All my money is in it?"
He also invested more than 200,000 US dollars in an American news agency, which is all his money. In fact, he is very interested in this company.
Hu Chuyuan said carelessly, "Let them run by themselves!" Although it will have a great impact, from the perspective of capital, it will still be a small company for a long time. The chemical company we are going to start now will be very terrible. This is an unprecedented big plan.
Albert Russell had to admit, and then he smiled and said, "Thank you for your trust. I will try my best to submit a perfect plan to you these days. So, are you going to use your name to name this company?
Hu Chuyuan shook his head and did not express any more comments.
Fist Delano suddenly proposed: "I think it can transform Wanqi Yanghang. Wells Fargo Investment Bank has held nearly 70% of the shares of Wanqi Yanghang. Another piece of news is that although there was a lot of resistance in the process of acquiring DuPont, I had contact with PG in Cincinnati, a company that produces candles and soaps, and the French soaps they produce are very popular. As far as I know, if the bid reaches three million dollars, it seems that we can annex them.
"Oh...PG?"
Hu Chuyuan can't help but be a little interested. If he is lucky, he thinks that this should be the legendary P&G company.
He thought for a moment and decided to adjust the strategy and said, "We can indeed transform Wanqi Yanghang into the textile, chemical, pharmaceutical and petroleum fields in the United States. It can acquire this PG company and, as a subsidiary of Wanqi Yanghang, separately develop cosmetics and toiletries, and make it a leading company in makeup and toiletries. Wanqi Yanghang itself focuses on the field of petroleum and chemical industry. The former is for individual consumers, while the latter is completely for industrial customers. Pharmaceuticals and medical devices can be operated separately by another company for a professional operation.
Fister Delano immediately asked, "Is it a complete acquisition or holding the main shares?"
Hu Chuyuan said, "First hold the main shares, continue to let the original manager operate, and then gradually hold all the shares, or go public."
Fister Delano said, "Then I understand."
Basically, Hu Chuyuan's idea is still a BASF-style Kangcaien company, which unites all chemical related fields around the source of the oil industry, reduces the average cost of various products and forms a unique competitiveness.
This decision is very important, which means that Wanqi Yang Bank's banking business has been merged by Bank of America, and its international shipping business has been merged by Sigu International Shipping Company. Its business in China is completely cooperating with Jiangnan Commercial Bank and has found a new direction.
Similarly, under the North American Wells Fargo Investment Bank, a new system is forming. Wells Fargo and Bank of America are the financial cores. Carnegie Steel Company, Wanqi Yanghang, San Francisco Bay Company and American News and Newspaper Company have formed four major industrial groups: steel, petrochemical, land industry and media industry.
After finalizing these things, Fister Delano remembered another thing and said to Hu Chuyuan, "I'm coming to see you this time, and I also want to talk about the Auckland Arsenal. The United States has agreed that we will transfer some of our technology to Auckland to invest in the construction of a factory, and will purchase new Armstrong-style artillery from this arsenal, and also consider purchasing firearms here. In addition, we have searched for some firearms designers in the United States and want to hire them to work as designers at the Auckland Arsenal. Here is a list for you to take a closer look.
Hu Chuyuan took the list and looked through it carefully. There were seven candidates for the main designer, including Mr. Christopher Spencer, with more lists of young designers.
Among these people, Hu Chuyuan unexpectedly found John Moses Browning from Utah.
He estimated that this was the famous John Moses Browning, so he drew a five-pointed star on the list and said, "This person can be selected. Who else to choose, or you are responsible for it. I don't know much about this. For the whole Auckland military factory, I still mean that it is divided into three parts. Steel is the foundation department, followed by the gun department and artillery department. Guns and cannons need to be made, so there must be two or three main designers.
Fister Delano nodded silently and said, "Well, I will do what you want."
Hu Chuyuan still can't forget John Moses Browning, and said, "You can let this person preside over the design of the new continuous-shot rear rifle and revolver. The requirements are very simple, stable, reliable, advanced and beautiful. I won't ask about the specific technical standards.
Fister Delano continued to nod.
(to be continued)