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Wall Street of the third generation chaebol Chapter 103

< Giants entering. (2) >

“This is John McMillan.”

A major grain company.

It is still only one of the strongest players in the Central Plains. At this time, there were many companies and individuals pouring out grain in large quantities besides Cargill in the Central Plains.

But there is one reason why I shudder when I see Cargill.

In the original history, this guy devoured it all.

“This is Detroit Morgan.”

To be honest, my first impression wasn’t that exciting. Looking at his delicate tone and his typical businessman-like appearance, I wondered if this was the president of a grain major. However, the business dryness was a little creepy.

“Yes, Detroit Director. I wanted to meet you. I’ve heard from Arthur that he is very resourceful. The task is not very long, so I’ll keep it short.”

shoot ah

MacMillan scattered a handful of grains of rice on the desk.

“Do you know what this is?”

“It’s rice.”

“Yes, it’s a grain of rice from China. I stayed in British Hong Kong for half a year, learning Chinese farming methods and acquiring rice seeds in large quantities. In the Huanan Plains, there are huge fields like the Central Plains of the United States.”

From the Yangtze River to the South China Sea.

Most of the rice crops are harvested here in the plains of Huanan, which can be said to be the belly of China.

Just hearing the word “China” comes to mind.

If they were determined and cultivated, they could pour out those who would suffocate with rice, although not as much as in the United States.

tuk.

[Announcement by the Ministry of Agriculture and Commerce. “The rice in Japan is enough to last this year. However, excessive waste should be strictly prohibited. Accumulating rice is the greatest virtue.”]

– Yomiuri Shimbun.

“They say that there is a shortage of rice in Japan. The Japanese Minister of Agriculture and Commerce tells the newspaper that there is enough rice every day, but I am not naive enough to be deceived by this announcement.”

“So what do you want to say?”

Macmillan was talking round and round.

He knows Chinese farming methods. China’s environment is also taking over. We also know that there is a shortage of Japanese rice. And I know that I am doing monopoly trade with a Philippine company.

so?

“I would like to step into the rice industry in the Far East. I think I will probably change the corporate citizenship of the Philippine company. Is that correct?”

“Yeah, what.”

right.

The Philippine company was trying to change the corporate citizenship. The nationality of the current Philippine company is the United States.

Macmillan recited the correct answer in a delicate voice.

“If you want to change to Japanese nationality, you will probably merge with Mitsui Corporation. You should benefit from corporate tax. It seems that the Philippine company will be incorporated as one of the divisions under Mitsui Corporation.”

Macmillan swept the grains of rice.

“A Filipino company that directly or indirectly monopolized 80% of rice in Southeast Asia. Mitsui Trading, the strongest Japanese trading company. And if we, Cargill, can be united as a family, I think the greatest synergy will be created.”

This novel was posted at https://noblemtl.com

Oh

i get it.

I read the cool dagger-like thoughts of this threesome, mortal-looking bastard. The madness of the pricing strategy of this Cargill monster in the 20th century.

Macmillan scratched his chin.

“Looking at rice farming in China, it seems that large-scale harvests can be achieved in California, Arkansas, and Mississippi.

“Mr. MacMillan. Let’s get to the point. I’m not that new. I can get the gist of what you’re saying.”

“Well.”

Macmillan looked at me with deep sunken eyes.

“First, let’s work together as the three companies to lower the self-sufficiency of rice farming in East Asia.”

monopoly.

Macmillan, who understood the word food hegemony, knew exactly what he needed to strengthen the wall of monopoly.

This time I said

“Mr. MacMillan, let’s say that the US mass-produces rice like crazy at a low price. Then the rice industry in East Asia will be devastated first. Unless it is a self-sufficient farm, even if it produces and sells rice, there will be a loss.”

“It’s accurate, but you have to press the price down as much as possible, even at the risk of a loss in the beginning.”

“Yes, it is. Moreover, East Asia is currently weak. The Qing Empire did not have the capacity to block imports from the beginning, and in Japan, the United States completely opened up Japan. It will take a while for Korea, but it will probably be too weak.”

can’t stop

If Cargill bites this tight and produces and frantically sprinkles rice in large quantities, the rice industries of the three East Asian countries will be devastated.

“As McMillan said, we continue to shock the rice industry every year. We sweep away farmland that is swept away by the shock. We give it another shock. Secure bankrupt farmland. Indirect ownership is possible.”

“Yeah, if we continue to incorporate the Huanan Plains into Mitsui Corporation every year, I think the day will come when we will monopolize the Huanan Plains in China.”

“Securing farmland in Japan is nothing.”

“I know the Detroit Director’s resourcefulness terribly.”

“But one thing. There’s something I don’t understand.”

Cargill.

this company. It is a crazy company that continues to grow on its own without any external management interference, whether it is an equity investment or a public offering.

Privately held family company.

However, a super giant that monopolized 40% of human food. The crazy probability that a single family monopolized 40% of human food was a content that even a novelist could use as a subject matter.

But why do you want to collaborate?

“after.”

Macmillan sighed deeply. Then he took a cigar out of his pocket and put it in his mouth.

“I think the Detroit director probably knows. Our Cargill head has invested in a railroad company. It’s a bit big.”

“ah.”

Black Wednesday.

It’s tied like this again.

“no way.”

“Yeah, Black Wednesday came about because of the revelations of railroad accounting fraud. But before that day, news of massive financial support from the big Wall Street banks hit Wall Street. It was a booming week.”

“……”

Well, that’s what I know best.

“Yeah, it looks like you’ve invested more then. You could have defended your stake, but the individual went bankrupt. You rolled your eyes, leaving Cargill in huge debt as well.”

Macmillan sighed again.

Gradually, heat began to rise over his face.

“The old man held the management right until the end.”

“That’ll be a pain in the ass.”

“So if I want to get that old man out of Cargill, I have no choice but to press it with an overwhelming performance.”

Now I know why you came to me.

However, if we only expand the Central Plains, it will only be a follow-up to what Cargill has been doing. So, I was interested in the rice industry in East Asia.

The size of the rice industry in Japan is not formidable. The Qing Empire’s rice industry is crazy to say the least.

“The capacity to grow rice has been secured by staying in British Hong Kong for half a year, so now there is only one thing left to do.”

“We are also looking into the northern plains of Texas. What if we monopolize the rice industry in East Asia from our joint venture, Mitsui Mulsan?”

“80% of Southeast Asian rice industry and monopoly of East Asian rice industry.”

In the aftermath of Black Wednesday, this was unexpected.

This is probably the best thing I’ve done in this world. The aftermath of the butterfly effect was no joke.

This novel was posted at https://noblemtl.com

Of course, in a positive sense.

Macmillan smiled faintly.

“The situation in the Qing Empire is chaotic right now. They can’t even afford to farm properly. They are facing a situation that seems to bleed from war and revolution right now. Japan is also going to be devastated by the sowing time this year and rice production will be destroyed. It is.”

“There is no better time than now.”

“Yes, that’s correct.”

I leaned back against the backrest and fell in thought.

I ran the calculations fiercely in my head. If we monopolize the rice industry in East Asia and Southeast Asia and destroy each country’s ability to become self-sufficient, we can hold the leash of the three countries.

If we did not supply, the farmers who did not grow rice by trusting only us could be reduced to starvation from tomorrow.

‘Of course I have to do business, so I won’t do that. It’s just a little expensive.’

Cargill’s notoriety is high.

Millions of tons of corn are disposed of every year to prevent a fall in corn prices. In the 21st century, 500 million tons of corn can be harvested annually on the Great Plains of the United States alone. Of that, 300 million tons are for feed. Crazy scale that even mobilizes airplanes when applying fertilizer.

Abundant grains that can feed the dying humans until they become obese. Discarded to protect price.

“Well.”

As I pondered, Cargill made a suggestion to me, perhaps in a bit of a hurry.

Looking at him, Cargill’s situation was not as good as he had expected.

“Are you thinking of investing in shares? We, Cargill, are willing to exchange shares with Mitsui Corporation.”

“Dil.”

There was not even a second of hesitation.

***

After signing a memorandum of understanding for equity exchange with Cargill, I started to move a step faster.

[The Bank of Japan Settlements, “The chaebol has been disbanded. We plan to lead sound management through professional Japanese managers.”]

[Bailout Finance Committee, “The excessive debt ratio of 1000% will be reduced in large quantities through equity conversion. However, Japanese management rights will be protected.”]

[President Morgan, “Japan is our friend of the United States. America will always be open to Japan.”]

[The presidents of the Mitsui affiliates have begun to assemble. Mitsui’s Lee Mok.]

[The end of Zaibatsu, the era of Geiretsu has begun.]

– Asahi Shimbun.

“You disbanded Zaibatsu.”

Japanese ambassador.

Admiral Matsugata read the newspaper calmly as if he was not even impressed. Even though I was in front of him now, there was no reaction at all.

“Gayretsu. This is a new type of business group that the United States will propose to the Japanese economy. It’s like entrusting decision-making to a group, not just one person.”

Zaibatsu’s biggest problem.

This novel was posted at https://noblemtl.com

Owner risk.

In Zaibatsu’s structure, the board doesn’t work. They fall into the hands of the president and his family.

‘But Gayets are different.’

Mitsui’s Lee Mok-joo.

Mitsubishi Friday.

Sumitomo’s White Squad.

The CEOs of each Zaibatsu era gather and the decision-making process takes place like a ‘real’ board of directors. This is what the United States thinks of as a breeding ground for healthy corporations, and the separation of management and ownership.

This novel was posted at https://noblemtl.com

Of course, it was an outward reason.

“Yes, it’s healthy. If the United States runs a puppet named Gayetz behind the scenes and manages it, it can only become ‘sound’. After all, isn’t it an American company? there is.”

The lieutenant general seemed to have given up on everything, but he twisted it in a sarcastic tone.

“Well, that’s right.”

Mitsui Group.

Ninety percent of the stake was owned by the Bank of Japan Settlements, and the remaining 10% was treasury stock.

In fact, considering that treasury stock is a bullet for stock options and stock dividends, it is 100% owned by the Japan Settlement Bank.

‘With a debt ratio of only 40%, the yen was raised to 1000%, and the investment was converted into mine, so it is a kind of creative economy.’

In this way, Mitsubishi and Sumitomo also owned 90% of the Japan Settlement Bank, while Mitsubishi sold a 65% stake to Qnard Shipping.

It was possible to generate a sizable profit from the sale cost.

“Governor Morgan, what do you think is the biggest factor in my loss of courage?”

Captain Matsugata asked with a look like an empty grandfather and liberated.

“I do not know.”

“That was when I learned through you that the total value of the Japanese archipelago in one year was less than the amount of capital that JP Morgan Bank could wield.”

JP Morgan Bank’s direct and indirect capital is $40 billion.

Japan’s GDP at this time was 32 billion dollars.

‘I understand.’

JP Morgan Bank was crazy.

Matsugata was fed up with this monstrous figure, where a single bank surpassed Japan’s GDP.

“Our Admiral has no intention of opposing the United States any longer. We will fully comply.”

But Matsugata was mistaken.

I didn’t spend a single penny on buying the Japanese Islands.

The expenditure to buy Japan is 0 dollars.

‘Of course he lent me billions of dollars.’

those billions of dollars.

In the end, it was a debt to fill the currency swap, and the money they borrowed ironically returned to our pockets.

But when we broke the gold standard, the debt increased up to 1,000 times. The Japan Settlement Bank, which was a creditor, earned yen in one sitting.

and?

When the gold standard is restored, the value of the earned yen soars.

In the end, we ended up buying the Japanese archipelago for just $0.

Well, there were expenses to pick up the pesos that had become trash cans, but compared to the profits they made, it was a new piece of blood. It was also vague to see it as a currency swap cost.

“Well, don’t be too heartbroken. Japan will be able to achieve rapid industrial development in the future. Industrial parks will run strong with black smoke, and huge heavy industries will bloom in the Japanese archipelago.”

“All that profit will be taken by the United States, though.”

“haha.”

You have to pay tuition.

Do we build railroads for free, build a shipyard, and build a steel mill? It’s not about digging into the ground to do business.

It was all necessary expenses and a fair price.

However, the observation of the lieutenant colonel was sharp.

There were financial illiterate people that even he did not know about this general or the Japanese cabinet.

Well, I’m pretty obedient when it comes to Captain Matsugata.

“So that’s it.”

I smiled at the lieutenant colonel.

There is no one as talented as you.

“I’ll have to stay as the captain for the next 10 years.”

clink.

Captain Matsugata dropped the teacup he was holding.

His face was gradually losing blood and turning white. A dry rustling sound came out of his mouth.

“Yes?”

***

“The Detroit Director.”

That night.

Mitsui Bank Tokyo head office.

Samuel Sachs approached me as I was processing the paperwork for the Japan Settlement Bank. We’ve been working almost all night long since the Meiji Depression.

Sachs handed me the file folder.

“I have listed steel companies that want to enter the Japanese steel business.”

“Oh, thank you.”

As soon as I got the folder, I fluttered and turned the paper. With both hands free, Samuel Sachs lit a cigar, looking tired.

after.

“Aren’t the giants crowded?”

“Yes, Great Northern Railroad, Pennsylvania Railroad, BNSF, Union Pacific Railroad, South Pacific Railroad…”

I read through the list.

In fact, all railway companies in the plating era had at least one steel subsidiary. When US Steel was merged, quite a few corporations were railway companies.

I can see the land of opportunity in the Japanese archipelago, but even the railway companies that did not have a steel company are frantic and rush to take over the steel company.

In fact, some trusts wanted to acquire a Japanese steel company.

“Well?”

Stop.

I read the last of the list and trembled slightly. Samuel Sachs smirked as if he knew it.

Two familiar names were listed at the end.

“…Bethlehem Steel, Carnegie Steel.”

“The Detroit Director, the corners of your mouth are trembling.”

“Hmm.”

I rubbed the trembling corners of my lips with my fingers.

Samuel Sachs spoke to me in a way of asking and seeing.

“What about the two of them?”

“of course.”

I smiled brightly.

“Director Sachs. What do you think of my personality?”

“Your personality…?”

Samuel Sachs’ eyebrows narrowed at the unexpected question.

yea, of course…

“That’s right. I’m a man with a bad back end, and I have no intention of hiding it.”

“That means.”

“Yes.”

I answered, reclining comfortably in my chair.

When I think of the years that I suffered with Federal Steel, I want to slap one right away.

With what guts do you stick a spoon into my rice bowl?

“It’s rejected.”

assholes.

f*ck You

< Giants entering. (2) > end

Wall Street of the third generation chaebol

Wall Street of the third generation chaebol

Status: Ongoing Type: Author:
Wall Street of the third generation chaebol mtl late 19th century. The United States was ruled by oil king Rockefeller, steel king Carnegie, and finance king JP Morgan. I fell on Wall Street in New York. “… Detroit or Morgan?” I didn’t just fall off, I was the son of the finance king JP Morgan.

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