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Wall Street of the third generation chaebol Chapter 77

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“Oh.”

As Portsmouth’s second Long-Richard Memorandum was about to be signed, I gently raised my hand.

Sir Richard’s gaze focused on me.

“There is one more thing I would like to discuss.”

“one more?”

“Yeah, actually, I think it’s more of an extension of the existing provisions rather than ‘one more thing’.”

I tapped a line on the secret note with a pen.

– Article 4 Patent Provisions.

“I want to expand on this part.”

“Patent clauses?”

“Yes.”

Patent Provisions.

Through the Portsmouth Company, the Royal Navy and the United States share patents with each other. However, it cannot be protected by a patent.

‘But, what if, on this occasion, the United Kingdom and the United States were able to obtain patent protection from both countries?’

The British Empire will also be charged a little more in patent fees, but they will be able to exert influence in other countries with them on their backs, so change remains.

No, money is pouring out.

‘This method was often used by large multinational corporations in the 21st century.’

Will the foreign militancy of the United States and the British Empire merge?

unless it’s gone.

can never be denied

I don’t know about Germany or the Triple Alliance.

As much as it is a dreadnought patent, the British Empire will try to protect it with an eye on it.

“We have a special relationship. home and the United States. How about making a patent? The two countries will protect each other’s dreadnought-related patents together.”

much less

Bethlehem’s steel ‘something’ can never go against it.

***

“Then we will expand Article 4 to strengthen the patent sharing provisions between the two countries.”

Sir Richard’s face brightened and asked me what I said.

In fact, most of Dreadnought’s patents were in my hands, so it was a natural result. In fact, the British side was making the face of what kind of rice cake it was.

This was also discussed with Secretary of War Roosevelt and Secretary of the Navy John Long, so everyone was quiet.

“Then I’ll check again, but would you like to fix the final treaty as it is?”

“Let’s go like this.”

crunchy crunchy-

After signing by both British and American sides, the second Long-Richard Memorandum was signed.

“Master, the US share of the Portsmouth Company is smaller. Is this okay?”

After the signing of the treaty and chatting time began, James came up to me and whispered.

I smiled at his serious face.

“Ah. That’s an optical illusion that looks like that. James.”

“Is it an optical illusion?”

“Yeah, look closely. On the surface, 49.9% in the US and 50.1% in the UK, but what is the shareholder structure?”

James read the treaty carefully, whether he had not been able to confirm that there.

And then his eyes grew bigger.

“…Parson Turbine Company and Renotype are classified as British corporations, aren’t they?”

“Actually, it’s a natural result. Actually, the two of them are still left as corporations of British nationality. In fact, my stake exceeds 60%.”

And the UK shareholder structure is as follows:

Parson Turbine Company, Renotype, Vickers, Whitworth, Rothschild, Barclays, and Lloyd Syndicate.

Aren’t you used to it somehow?

All other British shares are pro-Morgan, or pro-Detroit.

“Actually 100% of voting rights…”

“Still, Vito Kwon is still alive.”

The British side could not convince the British side if they even took away the Vito rights.

And there was another reason for bringing the UK into the joint venture.

Safety from antitrust laws.

‘At first glance, as James said, the British side’s stake is 50.1%. This alone will make the US nervous.’

Portsmouth Company.

This company is, after all, a company that runs through the center of the country. The UK side is also pro-Detroit, so I decided to delegate the voting right to me, so my stake is actually 100%.

But this is me, so that’s it.

As soon as another person eats the head, it splits in half.

Parson Turbine Company and Renotype will literally become British corporations and cut losses with the US side.

The British stake would then be 50.1% at face value.

In other words, if it were not for me, this Portsmouth company would be British.

‘Only I can make this treaty in America’s advantage.’

But what if you want to break this trust with an antitrust mace?

The moment the US stake is crushed, the Portsmouth company will be wiped out by the British.

In fact, we have a patent alliance, so even my patents UK thank you! and gulp.

‘So this company is calculating that Britain’s existence as a shield is safe from antitrust laws.’

What politician could do the crazy thing to hand over American security to Britain?

In other words, this is a matter that can be voted up to impeachment proceedings.

“…..her.”

Hearing my explanation, James widened his eyes.

“It sounds like a good deal for England, but it’s actually a treaty in which England is our shield.”

“That’s correct.”

“…that crazy.”

A relationship in which their interests are aligned with mine.

We promised to call it an alliance.

and.

This hasn’t been told to Roosevelt yet.

tock tock.

Then someone tapped my shoulder.

“Mr. Detroit. Do you have a moment?”

“Ah, you are Rothschild…”

“Yeah, I met him before as an agent for Downing Street, but I’m the Rothschild North American president.”

“But what’s the North American president doing to me?”

Rothschild.

I don’t think it was called a small thing. Then the North American branch manager whispered in my ear.

“It’s a speculative case.”

“……”

It was as if he had been hit in the head with a hammer for a moment at his surprise remarks, but it was immediately understood.

‘but. Kunlopsa was Rothschild’s agent, so it’s strange to not know.’

However, the words of the North American branch manager did not end there.

“And there are people who want to join our exchange club.”

“joining?”

“there.”

The North American branch manager smiled and pointed to the door of the conference room. There stood a man who looked like a secretary.

“He is…”

“We, the Tripitaka Koreana in England. In the United States, it is the agent of the Secretary of the Treasury.”

“…!!!”

Probably.

The plate seemed to be a little bigger.

***

great game.

It refers to the fierce battle between the British Empire and Imperial Russia that unfolds a map of the world.

As a result, relations between the two countries were gradually deteriorating, but even more problematic is the fact that the Russo-Japanese War had not yet erupted and was reaching its climax.

Lushun and Dalian.

Russia, which had obtained an immovable port, was devouring the Liaodong Peninsula greedily, and Britain was not very happy with this situation.

So the British Empire accepted my proposal of Morocco in order to take control of the Black Sea and the Balkans from Russia…

They were not satisfied.

“Are you saying that the government of the British Empire should be involved in this currency speculation?”

I opened my eyes.

If the government of the British Empire comes forward and scrapes the economy of imperial Russia, the war will begin immediately with a question-and-answer dance.

But this finance minister’s representative was looking at me with a determined face.

“I have no intention of going directly, I just want to use the Bank of England or the National Bank to bring down the economy of Imperial Russia.”

“Haha, you’re destroying the economy. You’re a bit harsh. We don’t do such harsh things.”

“Oh, excuse me. I just want to take ‘appropriate measures’ for the economy of imperial Russia. I heard that he has taken considerable measures for Japanese people as well.”

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

Oh no

It is clear that if hate comes into play, we will do our best to destroy and destroy Russia’s economy somehow. I closed my eyes at the words of the Minister of Finance’s deputy who promised to bring a dystopia of royalties to imperial Russia.

such a thing….

Such a thing….

‘…maybe pretty good.’

In fact, after confirming the economic situation of Imperial Russia in the report, I was thinking a lot about the handling of Imperial Russia.

Because the Treasury Minister of the Tsarist Russia.

Because Sergei Witte was more capable than expected.

‘In 1897, the ruble had already entered the gold standard.’

Although the ruble entered a period quite similar to that of Japan, the situation is different from that of the Japanese yen.

The Japanese Empire restricted foreign investment to nurture its own enterprises, but Imperial Russia released unlimited foreign investment to revive its own economy.

Naturally, the ruble had no choice but to increase its status in international trade and society. Foreign investment capital accounted for a whopping 30-40% of the capital invested in Imperial Russia.

It means that the ruble is stronger than the yen. Moreover, the weight class itself of the Russian economy has grown enormously due to the unlimited acceptance of foreign investment.’

Even if you try to attack with a fighter, it doesn’t matter.

There was no sharp spear to pierce the monster that was covered in the armor of foreign capital.

‘So, I was planning to retreat after scraping my profits slightly by swapping the peso currency or short selling, but if the UK intervenes, it’s a different story.’

The plan quickly came to mind.

That huge foreign capital would rather strangle Russia.

“…to be honest. How strong do you think the attack strength is? If it is not a plan to spread even counterfeit rubles to the other country, we will consider it for now.”

My words uttered the mouth of the Treasurer’s deputy almost reflexively.

“balance.”

“Yes?”

“Balance. Detroit Director.”

Imperialism flashed in the eyes of Finance Minister Shungan.

“Our British Empire wants Qing, Japan and Russia to achieve ‘balance’ in East Asia.”

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

Oh

got it at once

So now these guys.

It was a contract murder to destroy imperial Russia to the level of Japan.

‘Are you talking about the level of Japan I’m currently planning…?’

There was only one person that came to my mind for a moment.

George Soros.

The superman of exchanges.

“So you were rejected?”

Great Britain’s commander-in-chief.

Treasury Secretary Robert creaked and leaned back in his chair in the secretary’s office. The secretary, who had been sent to Portsmouth as his agent, shook his head.

“No. But you partially accepted it.”

“It’s for partial acceptance…”

He said that he would explode imperial Russia with dynamite.

it would be embarrassing

“Partial acceptance is also Gamdeokjiro. So how do you do it?”

“that…..”

The foreign exchange strategy proposed by Detroit came out of the agent’s mouth, and Treasury Secretary Robert laughed.

“Huh, what is partial acceptance? You’ve decided to destroy Russia altogether. I like it because it’s simple. But it’s a weapon that’s even more terrifying because it’s simple.”

“then?”

creak-

Treasury Secretary Robert stood up.

“I accept his proposal. We’ll have to control the water level. Let’s start working right away.”

***

that time.

Korean Empire.

“…..”

Gojong and Lee Hyung silently looked down at the treaty in front of them. Dozens of Japanese people in black suits entered the palace and watched only King Gojong.

in front of them.

Ito Hirobumi looked down at Gojong with a cold gaze.

“This is an exchange transaction (currency swap) treaty that can increase the value of the Korean Empire’s won. Won and yen will be exchanged through the brokerage of First Bank, and trade between the Japanese Empire and the Korean Empire will become active, and the relationship between the two countries will advance one step further. no see.”

“Your Majesty, this is an epoch-making policy that can advance the Gwangmu Reform! If the Korean Won currency can be recognized by the international community, the reform will also be successful!”

“……”

Individuals from the Independent Association and the Enlightenment Party surrounding this type began to actively support Hirobumi Ito’s agenda. Among them, those who were bright in Sangjae pushed harder.

In fact, the won-yen swap itself is a means of gaining recognition as a trade currency along with the appreciation of the won.

Moreover, the fact that the won would accumulate in the Bank of Japan’s foreign exchange reserves was meaningful in itself.

They were favorable to Japanese policy.

But there were a lot of problems.

“Your Majesty!! Absolutely no!! At first glance, Japanese currency and foreign exchange transactions seem to be able to establish the prestige of the Korean won and successfully complete monetary reform, but this also means that it is subordinated to the Japanese Empire’s yen!!”

Conservatives who were leading the Gwangmu Reform began to cry out with foam in their mouths. The Korean Empire has not yet established a silver standard system. If it was combined with the Japanese yen through exchange transactions, the Korean Empire could not but be reduced to an economic dependency of the Japanese Empire.

If it goes to the worst, won’t the won become a piece of paper if you abolish the won and print a new currency to make an exchange transaction?

I couldn’t.

“Rather, it would be helpful for the economic stability of the Korean Empire to establish a Korean-Russian bank with Noh Seo-ah and adopt the gold standard!!!”

“What are you talking about now!!! Are you talking about selling the country to Noh Seo-ah? His Majesty, the Korea-Russia Bank with Noh Seo-ah is absolutely not!!”

“stop.”

Lee Hyung shed a nervously low voice. The eyes of the palace servants who had stopped, turned to his mouth.

Lee Hyung raised his head slowly.

“I have something to talk about with my Japanese special envoy, so please leave the office.”

“…!!! However!!!”

“I won’t tell you twice.”

Lee Hyung opened his eyes.

“Please resign.”

“…!!!”

“Should I say it again?”

“…Oh, no. I’m leaving the office. Your Majesty.”

“Thank you.”

At the sight of Lee Hyung-gak and the stinging gaze of Japanese cabinet officials, the servants were forced to leave the palace. However, Lee Hyung also turned his attention to Japanese cabinet officials.

“So are you.”

“…Stand back.”

“Yes.”

Ito Hirobumi realized that a single meeting with the younger brother would work in his favor, and forced the cabinet officials to resign.

bang-

In that way, only Lee Hyung-sik and Ito Hirobumi remained in the palace.

“You’re asking for a solo session with me, for some reason…”

“I intend to positively accept your requests for exchange transactions.”

“…!!!”

Ito Hirobumi unwittingly clenched his hand and opened it. Things turn out easier than you think. Even if I knew how to sabotage the Gwangmu Reform or anything, I came here with the intention of overturning it.

flow was good.

“only.”

“only?”

“I have a question for you, Jim.”

Lee Hyungsik’s eyes started to gleam and shine.

“I know that a fee is charged for foreign exchange transactions, but am I correct?”

“Yes that’s right.”

“You mean that fee. If you trade the Korean Won in Japanese yen, isn’t it in principle that you have to pay a small fee in the Korean Empire as well?”

“…….That’s right.”

Hirobumi Ito nodded reluctantly.

However, in the face of the task of economic subjugation of Joseon, he was willing to pay such a fee. If you can get the seal of the emperor of the Korean Empire with this, it’s a much more surplus business.

“Actually, the current budget of the Takjibu is insufficient, so the reform is being paid out of Jim’s personal bathing funds. The Takjibu is almost in vain. Then, shouldn’t the fee be paid as Jim’s private bath money?”

“…!!!”

“And if you specify that the Korean merchants must have my permission in the exchange transaction, I can review it positively. How about it?”

Hirobumi Ito felt goosebumps.

An imperial gold is the property of the imperial family. The fact that a fee is included in the property is a small part of the fee for exchange and trade transactions, but it is a request to put it in. That is, it is the accumulation of personal wealth.

In addition, the requirement of the emperor’s permission for the exchange transaction requested was no different from the fact that he wanted to monopolize the power of the Joseon Dynasty’s finance and trade.

“Yeah, but it looks like it needs some coordination.”

“It doesn’t matter. Adjustment is of course necessary. I’ll give the Naejangwon, who manages the hot water money right away, so that they can make adjustments.”

“Yes……”

“thank you.”

Ito Hirobumi smiled contentedly.

‘This man…’

You come first before your country.

***

bang-

After Hirobumi Ito left the company.

In the huge palace, there were only two types left. No, it looked like that.

He took a deep breath and looked behind him.

“…Is this all right?”

quiver-

The door opened from the back of the palace, and Hana, a colored wooden figure, walked out.

“Yes, Your Majesty. You seem to have a knack for acting.”

“Haha, you paint your face with gold. How would you have managed to get through this hurdle without my Allen project? I was very worried. Thank you.”

“I’m sorry.”

Foundry America Corporation.

Horace Newton Allen and Gojong Lee looked at each other and smiled contentedly.

But a cold sweat was dripping from Allen’s hands.

He was thinking in his mind of a tycoon who had visited him a few days ago.

‘Allen Corporation. I’m the president of Goldman Sachs on Wall Street.’

‘…Wall Street? What happened to me on Wall Street?’

‘The corporation has work to do.’

tup-

Allen quietly put his hand in his arms without realizing it. Cold sweat dripped down the suit.

‘This is a secret letter signed by the US Treasury and the UK Treasury Secretary. First of all, I can’t give you the text, so I’ll give you an unsigned copy. As you write here. Just do it.’

Allen panicked.

Samuel Sachs almost suffocated at the chill in his eyes.

and his last words.

At those last words, Allen seemed to be having a nightmare.

‘sorry. It’s such a big deal, so I’ll refuse…’

‘The Min family, the imperial family of the Korean Empire, and your HSBC bank slush fund.’

At that word, Allen stiffened as if electrocuted.

Samuel Sachs’ cool tone became a dagger and pierced his heart.

‘We are aware of your atrocities. And the US and the UK are watching you. blast furnace……’

Awkward-

Allen clenched his hands until they bled.

‘You have no choice but to say no.’

< countdown. (1) > 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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