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Wall Street of the third generation chaebol Chapter 78

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Qing.

Before starting work in earnest, Emmanuel Lehman first established the China Settlement Bank in Basel, Switzerland. In the future, currency swap and brokerage business was an important institution as it plans to conduct business through this China Settlement Bank.

Naturally, the China Settlement Bank was a private company with a Detroit director and a stake in Lehman Brothers.

‘The Detroit director said that these settlement banks will come in handy later, so there must be some reason.’

crunchy crunchy-

Emmanuel Lehman signed the payment file. He does not move directly this time.

Instead, for times like this, we leave the work to hidden directors who are not on the board of directors list.

So that even if something goes wrong, the tail can be cut off.

“Well then. Peter, please take care of me.”

“Yes, leave it to me.”

Peter was one of them.

“This is it.”

jerk-

The sound of Peter’s shoes echoed in the hallway.

transportation bank.

It was the moment I set foot in the largest bank in Qing. There were a lot of Belgians inside the bank, and the Chinese were doing most of the business.

“Are you Peter?”

“Yes, I am Peter.”

“Follow me.”

The arrangement was all over.

It was enough for Peter to perfectly digest his role according to the scripted script.

And the giant of transportation banking.

He was escorted to the president’s room where President Sung Seon-hoe was located. Indeed, the force was overflowing as much as it was a giant in the Chinese financial industry.

But he treated himself with caution.

“This is Peter.”

“This is Seongseonhoe. I heard that you came from a place called China Settlement Bank…”

“you’re right.”

Peter’s eyes lit up.

“Currency swap. I would like to receive an answer to my proposal.”

“Well…..”

Seongseonhoe brushed his beard down.

He is a tycoon holding the China Railways Authority as well as the Transportation Bank and other large banks. His approval makes things easier.

Fortunately, Seongseonhoe nodded.

“It’s even more attractive for us, who are laying the Beijing-Hankou railway, because there are many cases where the construction date is delayed along with payment due to the lack of foreign currency.”

“then…..”

“Yes, I am willing to accept it.”

Seongseonhoe’s eyes lit up.

“Let’s start with the peso, which will be used in the Philippine commodity market.”

In fact, there are few places where currency swaps are as useful as the Shanghai Trade Bank of China, the China Transportation Bank, and the Imperial Bank of China.

Since Qing itself is not one or two regions occupied by Western countries, foreign currency transactions were active.

In particular, in the case of Jojoji, foreign currency was needed even more.

‘So the British Empire established HSBC (Hong Kong Shanghai Bank).’

rumble-

But Peter, who came out of the transportation bank, did not stop there and got on the boat bound for Shaanxi. There were all three large banks in Qing, but it was not the area where foreign currency was the most traded.

“In this plan, there are three bomb centers in total. Japan, Qing, Imperial Russia. And if I want to set up a bomb in Qing, which I am responsible for…”

Shaanxi Province.

I had to go to Shaanxi.

China’s largest financier. Plains of Shaanxi Province, called the Wall Street of Qing.

Before coming to Qing, I had thoroughly smashed the history of China into my head.

“The Detroit director said that there are 51 big symbols (banks) intertwined. He calls the financiers here the truth.”

Shaanxi’s own bank.

Pyoho (票号) was an institution with a function similar to that of the Wall Street Commercial Bank, which took profits through deposit, loan, and exchange operations, which can be said to be the three major businesses of commercial banks.

‘Qing’s money flows from the truth to the truth.’

Even the imperial family of the Qing dynasty was such a huge financier that they borrowed money here.

The most important place for this dispatch was here.

“…and then what the Detroit director said. Mo-hi-up? Mu-hi-up?”

fearlessness.

The symbols appearing in modern martial arts papers are banks of the Qing Dynasty. And the organization that moves the goods traded in this mark is called the mark.

Although it was a transportation company, it is more accurate to think of it as a financial institution that also deals with actual insurance business.

‘After the Opium War, the status of Pyoho fell due to the inflow of foreign capital.’

So far, he was the biggest banker in Qing.

“Guangdong Sangbang, Guangdong Province, and even the image of Anhui Province. After…”

Peter still had a long way to go.

***

“About three months until the construction of the hill line.”

“Since you’re splitting up engineers, that’s probably about it. Why do you keep staying in the Navy Minister’s office?

Navy Minister’s Office.

Navy Secretary John Long and Roosevelt were examining the Hill Line with the Pacific map in the center.

A majority of the $7.5 billion allocated under the maritime security law was being put into this hill line.

Hawaii. Once the Hill Line, which is a supply line that connects the naval base of the Philippines and the Pacific Islands, is completed, the Pacific supremacy will pass to the US Navy.

“Is the full-scale offensive after this hill line is completed?”

“…I guess that’s right. All the supply ships need to be installed to be able to do anything on the offensive or anything.”

So is Cuba.

A full-fledged offensive could take place only when the extension of naval bases on the eastern coast of the United States was completed and the Port of Charleston was restored.

“Once the amphibious operation was successful, it seems that they have begun to harden…”

“If you look at the incoming telegrams, the artillery is doing a great job, right?”

meteor shower operation.

It was a volume war with an operation that poured rain of shells like meteor showers from the sky. The US Army was giving the Spaniards hell.

Roosevelt raised his glasses.

“This… before the full-scale offensive begins, it might be defeated.”

bang-!

Fort San Juan, Cuba.

After a while the gunfire rang out, smoke rose from the distance. As the bushes were dry and dry, the enemy to bombard had nowhere to hide.

win-

The senior officer lit a cigar.

“When I went out to inspect, nothing changed. The Spaniards were completely reduced to the targets of the artillery.”

“Yes, I think we can take over San Juan Fortress by today.”

bang-!

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

Once again firing.

As the senior officer pulled out his telescope and brought it close to his eyes, the Spanish army, swarming like ants, spread out in the trenches of Fort San Juan.

bang-!

and poof again.

The trench that was being observed was cleared.

“Pershing. Well, you can’t play an active part. Even if you try to show your field skills, everyone is being swept away by artillery.”

“Haha. Yes, it is a report that the Spanish army’s shells had run out as of yesterday.”

“Now there is only one thing left to be wiped out by the artillery…”

senior officer.

Brigadier Arthur MacArthur chewed the cigar. Once upon a time, when I was assigned to Cuba from the Philippines, I had no idea what it would be like to be a tourist.

“Artillery. Truly the god of battle.”

bang-!

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

One round of firing.

The walls of Fort San Juan were demolished.

“…..for a moment.”

Kirik-

Arthur MacArthur noticed something and brought the telescope to his eye. He looked through the telescope for a while and then directed Pershing.

“3 o’clock. There’s something, can you confirm what it is?”

“Three o’clock. Wait a minute.”

Pershing picked up the telescope and looked at the 3 o’clock position. As MacArthur said, there was something.

But it wasn’t Spanish uniform. He also had dark skin tones, so it must have been the Cuban Independence Army.

“It’s the Cuban Independence Army.”

“Ah, Cuban rebels?”

“…..?”

Cuban rebels.

At Arthur MacArthur’s words, Pershing shook his head curiously.

Arthur MacArthur folded his telescope.

“Shoot.”

“Yes? I was wrong.”

Arthur MacArthur looked at Pershing with an indifferent look. Pershing flinched at the depths of the abyss.

“Shoot. At 3 o’clock. I can give orders myself if I do anything.”

“…but this is the Cuban Independence Army! They have a reason to attack!”

“Yes.”

Puck- Cheeky.

Arthur MacArthur put out his cigar with a bang.

“The grand principle of this expedition. Let me recite it.”

“… annihilate the enemy.”

“Were the Cuban rebels favorable to us on the way to Fort San Juan?”

“……”

“Some of them were attached to Spain and attacked us. I know. Some Cuban rebels are like that, some aren’t. But who proves their innocence? Can you prove them?”

“……”

“This expedition is to block the seeds that will become enemies, Pershing. Don’t let me down.”

flinch.

Arthur MacArthur tapped Pershing’s stiff shoulder, making his shoulder tremble.

Arthur MacArthur.

His transfer to Cuba from the Philippines was not without reason. It was just that the Philippine Expeditionary Force was more ruthless as it was originally a place to colonize, so it was more suitable for this operation than anyone else.

“Shoot. I’m responsible.”

Pershing still shook his head and nodded. He was a lieutenant colonel in the US Army and MacArthur was a brigadier general. According to the command system of the U.S. Army, he was obligated to follow.

If so, he himself had to issue orders.

“……Yes.”

And after a few minutes.

bang-!

A gunshot rang once.

The figures lurking at the 3 o’clock position disappeared without a trace.

Arthur MacArthur nodded with satisfaction.

“It’s a difficult request, but you did it well. Let’s push forward with this momentum in the future.”

“…..Yes.”

crisp-

The triangle of conscience inside Pershing’s was once worn and rounded.

***

“You come to England often.”

British Empire.

I left my luggage at the hotel and made my way to the Treasury. In the carriage along the way, I scanned the telegrams and letters from the War Department and the Navy Department one by one.

“Once, Cuba and the Philippines are pushing the front line with ease, and the supply lines in the Pacific and the Caribbean are also smoothing out. It’s good.”

In fact, it was this supply ship that had to be obtained in this war.

In the future, the foreign militant power of the United States is expected to come out through this supply line. The small islands in the Pacific were already owned by the United States, so construction was easy.

It just costs a lot of dollars.

And when this supply ship was completed, a perfect sea blockade was achieved, and the dreadnought was able to provide maximum favor.

“The dreadnought is also being built at the HMNB Portsmouth shipyard…”

The Royal Navy’s advisory group came to the Newport News shipyard to build the dreadnought, but the decision was made to be unsuitable, so it was built at the British Royal Navy shipyard.

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

Of course, the cost of construction was paid in the US.

‘But that’s not the problem.’

USS Detroit, and Detroit class.

Roosevelt blitzed out my name for the name of the new ship being built, and I was struggling to dry it out in the wind. Of course, I admit that Detroit isn’t a bad place to go because it’s a city name, but I want to stay in the shadows.

‘Dreadnought’ became fixed like the name of a ship type like a destroyer or a cruiser during negotiations.

‘It’s rejected. rejected.’

I frowned.

Then he turned over the stationery and continued to analyze the situation.

rumble-

“Im here.”

A few minutes later, the wagon arrived at the Ministry of Finance.

“This is a precious person has come.”

Treasury of the British Empire.

Treasury Secretary Robert greeted me with a bright smile. It was much easier for me to be in England than it was to be in America to work in Great Britain and Imperial Russia.

‘I told Lehman Brothers and Goldman Sachs about the rough strategy, so even if it goes according to plan, I eat half of it.’

I was a little worried about the Qing Dynasty, but Lehman Brothers will be able to proceed with ease as much as I got the backbone of Seongseonhoe.

Seongseonhoe is related to Hongjang Lee.

In the Qing Dynasty, he was an unparalleled financial giant.

Treasury Secretary Robert glanced at me like that.

“You don’t have to worry about Qing.”

“Yes?”

“Lee Hongjang is a setting sun. You don’t have to worry about dying figures. And it’s noisy inside Qing.”

“You’re talking about the Boxers.”

“Oh, you knew. That’s what you said.”

Secretary Robert nodded happily.

“Rather, the force to contain is Yuan Sky, but it will not matter this year. Because Hongjang Lee is still alive.”

“Yeah, good timing.”

Generational change and civil war are the perfect time for external forces to shake things up. Qing was a great prey.

Moreover, in Shaanxi Province, 51 marks are intertwined like a spider’s web, so even if one is destroyed, it is a bank run.

“More than that, it’s imperial Russia. I talked to Rothschild, and he said that Bra Novel would be the best company for this job.”

“Ah, definitely a bra novel would be perfect.”

Branovel, who owns the Baku oil field, was owned by Rothschild as a major shareholder. In addition, they also held bonds, so the Rothschilds’ influence is strong.

Besides, it’s also the most powerful among the hands the Rothschilds have.

“Yes, first of all, if we release all the oil stockpiled by Bra Novel on the market, we will be able to absorb a large amount of rubles. Then, the rubles will temporarily dry up in the market.”

Then the Central Bank of Russia must cut interest rates or issue more rubles in order to supply rubles to the market. Then, they absorb the ruble supplied back to British corporations, including Bra Novel.

The Russian central bank then cuts interest rates again or issues rubles.

And a currency swap is made with the large amount of ruble that has been sucked in.

“Until the peso explodes, in this infinite cycle, the Russian ruble can’t handle it, and you can just drop bombs.”

To put it simply, the Central Bank of Russia sucks up all the people who vomit the ruble. As the ruble accumulates gradually, it is released at once to measure the monetary value.

‘But the impact is weak just by releasing it. The profit is also low.’

So you need a bomb.

Unlimited borrowing and short selling.

I put the money of the British Empire and my money together and short sell until the ruble goes down. Then, if you sell an unlimited amount of money, the value of money goes down.

The strategy used by George Soros when he short-selled the pound against the Bank of England.

simple.

First, find a weak currency.

And with a lot of money.

Anyway, I hit short selling until I run out with a lot of money.

20th century.

Hedge fund legend. George Soros lured all Wall Street to make a successful short sale, formed a huge capital, and threw the pound on the British pound.

As it is a proven bomb, an attack against the ruble will work well enough.

If you get hit by this type of bomb.

A direct hit from short selling causes the ruble to depreciate.

then drag it down to the floor.

When a currency swap is invoked at a fixed exchange rate specified in advance, a currency swap is performed.

“…Then the ruble is already going bankrupt, and the huge ruble will be released again in the market.”

“Not only that. The nobles will start selling their ruble-denominated assets.”

And as much as that.

As much as imperial Russia suffered damage.

The British Empire and hedge funds are calculated to be able to generate huge revenues.

I raised the corners of my lips.

“This is a great opportunity to see Sergei Witte’s skills.”

will have to block

If you make a mistake, imperial Russia will return to the days of Russar.

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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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