＜ shock. (1) >
“The realm of the state and the realm of the private sector are clearly separated, yet tightly bound. What does this mean?”
The Hague Peace Conference.
In the morning, William Rockefeller went out to the conference room, and in the private room I was talking to Attorney General Griggs. He was looking at me with sharp eyes.
“If the will of the public and private sector is in agreement, doesn’t it mean that we move together, otherwise we completely ignore it?”
“Well. Should I say Morgan? You got the point right from the start. That’s what he said.”
Attorney General Griggs clasped the fingers of both hands.
“When the will of the state and the private sector agree, the two forces will decide each other’s territory. For example, if it is difficult for the state to step forward, private companies are presented as shields and they hide in the shadows. But if the victim starts protesting, the tail is cut off. Since then, the relationship between the private sector and the state has come to an end. The state needs to slash its own private enterprise with its own hands to evade its responsibility.”
“…..”
“But on the other hand, if the government decides that there is a lot of benefit or there is confidence in not receiving international scrutiny, there are cases where the state takes the initiative. A typical case is when there is a cause, which is usually used when the private sector has been harmed by the other country. The smaller the partner country, the more effective it is.”
“In terms of the United States, it feels like the General Sherman incident that led to war with a commercial merchant ship, or the Kurofune incident that attacked openly.”
“That’s correct.”
Attorney General Griggs untied.
“But if the opponent is a great power, how should the state respond? It is impossible to blame the great powers for damage to private companies.”
“Unless there is a special reason, we will agree and bury it in good faith before it is released to public opinion. There will be bad feelings for the other country.”
“But that’s not surprising.”
Attorney General Griggs grinned. Then he took a gold coin from his pocket and placed it on the desk.
“The name of this gold coin is Peace.”
“…..”
“I’m sorry that this is the only way to express Lee Kwon in the most intuitive way, but I think you should consider this as Lee Kwon.”
“Yes, it doesn’t matter.”
“Thank you. Anyway, what I want to say is that. As the Attorney General and as a Washington DC politician. All the conflicts I’ve seen so far started with this ‘peace’ and ended with ‘peace’. emotion? In front of this Kwon, it is only a temporary phenomenon.”
“…..”
‘ said Clausewitz. After all, war is an extension of political means. But that’s right. Politics is, after all, an extension of the struggle for interests. When a greater interest is seen, it is the same as a human being or a nation that is drawn to it.”
“But how do you interpret intangible assets that don’t look like patriotism?”
“You gave me the answer. It is an intangible ‘asset’. Patriotism is an intangible value and interest that only the people of that country can have. Do you know how much patriotism has stirred the ships of many imperialists to this day?”
“……”
“The imperialists are more inspired by their patriotism for their country than anyone else. have pride That’s why I’m obsessed with Seonmin ideology. Those who don’t even have it are beasts.”
In the end, it’s this right.
Excited, Attorney General Griggs’ tone was clearly gaining strength.
“If all manners and actions that appear to be gentlemanly are actually measures taken to protect one’s interests, can you convince them?”
“Actually, gentlemanly manners and actions are not the means devised to defend their vested interests from the outside and strengthen the unity within. I won’t even give you a reason.”
“That’s what I mean.”
I was puzzled.
Why is Attorney General Griggs telling me this? It was as if he was trying to unlock the lock on me.
Attorney General Griggs spoke up.
“I am a citizen of the United States. We have a duty to uphold and abide by the Constitution of the United States of America. He is also a lawyer who is inspired by an unflattering patriotism. He is also the Minister of Justice in the United States Federal Government.”
after-
Attorney General Griggs breathed briefly.
“Therefore, I have a duty to immortality in the interests of the United States. It’s the same with you.”
“……”
“haha. I still don’t get the hang of this guy.”
Ting-
Attorney General Griggs tossed a gold coin at me.
“I won’t ask what you’re up to or why you’re in solidarity with the shadows of Wall Street and the City of London. I didn’t even poke my eye out the back hole.”
“,,,,,,,,”
“There are rumors circulating in the upper Republican ranks that you are going in and out of England’s Treasury. Now nobody in the Republican Party sees you as a 17-year-old. When England’s Treasury has approached you, it must mean that it has found its own interests worthy of it. How is it?”
“I will not comment.”
“Well, that’s fine. There are two things I want to say. One thing, as I said at the beginning, is to be careful not to get dumped by the government of England and break your head with an axe.”
“Yes.”
Perhaps around that time, not an ax from the Ministry of Finance of England, but a hatchet made of brown bears or a Qing dynasty would have arrived, but he kept his mouth shut.
“and. This is the key.”
Attorney General Griggs changed his stance and sat straight on the sofa.
“I can do anything for the national interest of the United States. If it is judged that your actions are truly in the interest of the United States, I will cover all legal aspects while serving as the Attorney General.”
“…!!!”
“The price of bringing out the double ledgers of the Railroad Trust during my tenure as Attorney General. And for dismantling the cartel of the United States Department of War.”
This novel was posted at https://noblemtl.com
Oh
The goodwill of Attorney General Griggs was an explanation that made sense at once. If I had a degree like that, I would only look pretty.
He coughed heavily.
It appeals to me like this, but I also need to do lip service at this point.
“Attorney General, I swear that everything I will do in the future will serve the national interest of the United States.”
“……great.”
Attorney General Griggs nodded satisfactorily at my resolute declaration.
“Then put on the wings of the U.S. Department of Justice and run wild. I will gladly support you for the sake of my American national interest.”
“Why are you helping me like this?”
“If there is an event like this, wouldn’t it be a little motivating for you too? I just can’t stand it because I’m so curious about the country you’re going to create. Wouldn’t it be an honor to be able to write even a single line in the history books that I helped build a great United States of America?”
I don’t know if the dirty financial version behind the dark scheming will be properly written in the history books, but I agreed.
I couldn’t help but turn away from the sparkling eyes of Attorney General Griggs.
“What is it? Would you like my help?”
“Then I will take it without hesitation.”
“Heh heh, it’s good to be honest.”
thump.
I shook hands with Attorney General Griggs.
I don’t know about the others, but one thing is for sure. Attorney General Griggs this man…
Two-Much Talker
***
The Hague Peace Conference continued.
While I was conversing with Attorney General Griggs, William Rockefeller was holding the note I had given him and giving a full speech.
“At the end of the 19th century, humankind has made a lot of progress and has made dramatic progress in the past 100 years. With the development of railroads, the development of telegraphs, and the development of warships, mankind has become closely connected with each other and has an international militant force.”
“But it’s the same with finance. Large banks in the financial world have inflated their size for nearly 100 years, and have contributed greatly to the peace of small countries and colonies. The reality is that international restrictions and agreements have not yet been reached.”
“We, the United States of America, recently had a meeting in Waldorf-Astoria where all domestic industry trusts and large banks gathered to sign one pledge. It was the Credit Act.”
When the credit law came out of William Rockefeller’s mouth, some of the delegations, well-versed in the financial world, began to murmur.
“The National Credit Rating Agency (NRSRO), selected by the Federal Monetary Commission, evaluates and publishes the credit ratings of US listed and unlisted companies every quarter. This year, Standard Oil, which is embarrassing, only got an A grade. But it has reached a level that symbolizes the credibility of Wall Street in a fair judgment.”
When the topic of economy came up while the delegations of each country were only talking about war, they pulled their upper body with interest. William Rockefeller’s words began to gain strength.
“So the delegation of the United States would like to present three agendas to the international community. It is an agenda for international banking, an agenda for international credit rating, and an agenda for international transactions. And the most important of the two is…”
William Rockefeller’s eyes were sharpened.
“This is an agenda for international credit rating standards for international banking, guaranteeing the right to contract performance obligations and forced collection, and international creditworthiness.”
thud.
After finishing his last words, William Rockefeller had the illusion that he had heard such a sound for an instant. The atmosphere of the conference hall changed in an instant, and madness began to flash in the eyes of the delegations.
‘…Is this really going to happen?’
Druck-
William Rockefeller sat quietly. The bomb was thrown. Now all we have to do is observe how far this chemical reaction will go.
As Detroit had expected, it was an agenda that would be passed unanimously.
“I’m going to take a break.”
When the peace conference was temporarily suspended, the delegations of each country began to move in a hurry. They whispered something to their secretaries and urged them, and the secretaries of each country started running out quickly.
“Looks like we were one step ahead.”
The camp of the Japanese Empire.
Ito Hirobumi sat in the seat of the Imperial Japanese delegation with Shibusawa Eiichi. While I was working as a senior citizen after my resignation from the cabinet, I had an issue that would bring me to the peace conference.
Shibusawa looked at the American delegation.
“As the American delegation said, the key is probably the last three things. And because of those three things, the eyes of the great powers must have been turned over.”
“What would have been reversed? Shibusawa and your eyes aren’t too bad right now.”
“Itou, I can’t help but be excited. To say that international law stipulates the contractual performance obligations of international banking is no different from the fact that our currency swap contracts are recognized by the international community.”
“It’s about using the Permanent Court of Arbitration and the International Court of Justice, which were discussed a few days ago.”
“I can swallow Joseon in an instant. We must spur the work of First Bank.”
A currency swap is a foreign exchange transaction.
In other words, it could be seen as a representative task of the international banking business and was the most closely related to the contract performance obligation.
This is a welcome provision for the Japanese Empire, which is working on the Korean Empire.
“Minister. The contract performance obligation is a clause with considerable merit. It can also be seen as the most necessary provision for France right now.”
French delegation.
The Whittinger bankers, who rushed out of the hotel on the call of their secretary, were almost appealing to the Treasury Secretary.
“It’s about the loan you lent to Imperial Russia.”
“Yes, the obligation to perform the contract and guarantee of the right to compulsory collection, which is a penalty, is a justification for forcibly executing collections on the day that we, France, declare even if the imperialist Russia is a moratorium.”
“Actually, even the amount of the loan that imperial Russia has borrowed from us is far away.”
russian alliance.
Five years had passed since the establishment of the alliance between imperial Russia and France, and funds from large French banks and the French National Tax Service were flowing into infrastructure projects and national infrastructure projects including the Trans-Siberian Railway.
If imperial Russia severed the ship, it would be a very dangerous task for France, who was in need of an alliance, but it would be possible to appeal to the international community.
“It would be best if we could get the cooperation of England to check imperial Russia…Hub.”
The Whittinger family director kept his mouth shut. The feud between the British Empire and France has been a long-standing affair that transcends hundreds of years. France’s face is crumpled like a piece of paper on the day it asks for help from England.
But the minister didn’t seem to mind.
Fashoda incident.
Since then, France has already given up a lot.
“No, you are right. Although allied with imperial Russia, France is still surrounded by the Triple Alliance, including the German Empire. It will be a good excuse in a very dangerous situation.”
and imperialism.
To the imperialists, it began to have a different meaning.
“Your Majesty Kaiser will be pleased. Did you not want to expand by building a railway from Kiauchou Road to Qingdao recently?”
“Is that all? The 3B policy of Berlin, Byzantium and Baghdad will also accelerate.”
colonial policy.
Contract performance obligations and collection rights are mouth-watering provisions for imperialists.
If the weak colonies are forced to sign contracts with the use of national banks, large banks, and the guns of the military, the performance obligations will become coercive according to international agreements.
“As the powers of large banks expand, they will grow in size. Besides, won’t mergers and acquisitions of small and medium-sized banks become more active to intervene in colonial policy?”
“Actually, the current Deutsche Bank dictatorship in the German Empire is a bit dangerous. As soon as the three treaties are ratified at this peace conference, I will send an official letter to all German banks.”
There will be a seismic change in the financial world.
central bank.
And the power of the central bank and the national bank increases. The imperial powers liked it but hated it, but most of the domestic banks had no choice but to work through the central bank or the national bank.
But where do the banks only operate in their own countries? As most of them have one or two feet in other countries, all their business will be tied to international banking.
“This is a masterpiece.”
During the break, Rockefeller went around the conference room to see the reactions of each camp. Each country and institution respected their own interests and welcomed the provisions of the Peace Conference.
‘Everyone was blinded by dreams and hopes. far away But Detroit must have intended this to come out. He’s a scary guy.’
Poison was released into the well.
Now, all that remains is to pass blindly so that no one can discover the pitfalls of this clause. However, as he was looking at the blind people who were blinded by the greed of money, there seemed to be no need for that.
William Rockefeller quietly crossed the sutra and prayed.
Amen.
A week after the American delegation presented the agenda.
Finance Minister Vitte, who was preparing an emergency measure for deflation at the Treasury building of the Treasury, lit up when he received the agenda sent from the Netherlands.
This… it seemed like it would make a good leash.
“Why?”
“I think this provision would be a good way to control the financial trusts in St. Petersburg. Especially for the three major banks, Russia-Asia Bank, Petersburg International Bank and Azov-Don Bank.”
According to this provision, commercial banks are controlled by a national bank or a central bank. And the State Bank and Central Bank are controlled by the Treasury of the Tsarist Russia.
Until now, there was no justification for controlling commercial banks, which were secretly internationally and evading the laws of imperial Russia.
“Good, but at the same time dangerous.”
But the clause is always a double-edged sword.
This leaves room for abuse that could rapidly increase the size of large banks.
“If a superman appears and merges all the banks to create a mega-bank, it is a devilish provision that can eat up the entire economy of the country.”
Is your credit rating based on international credit ratings?
For large banks, it was the best opportunity to kick off the ladder of small and medium-sized banks. It was obvious that the credit ratings of large banks were higher.
How brutally fair the credit rating agencies in the United States are, I have known through newspapers and reports.
‘If the big banks and industry trusts become that much bloated, their credit rating will soon reflect the nation’s creditworthiness.’
Therefore, once a large bank becomes hypertrophic, it cannot be dismantled unless the state risks its life and forcibly splits it.
The moment you split them, the country’s credit rating will be split as well.
“haha. Well, that won’t happen.”
Bite let out a smirk.
Russia is not a weak country, and can a bank grow that big? Treasury Minister Witte gladly sent a telegram in favor of the Russian delegation to the Netherlands.
ground ground.
A few days before the end of the World Peace Conference in The Hague, the three economic clauses proposed by the US delegation were unanimously passed at the conference site and were registered in the Peace Conference Treaty.
It was the result of the great powers casting their votes in favor with smiles while hiding their desires in their hearts.
crispy – crispy –
Eventually, the Hague Peace Conference ratified six treaties and three declarations, which were unanimously signed by delegations of each country.
“It happened as you said.”
William Rockefeller returned to the private room and shrugged.
Detroit was living in a private room in the conference room, and his eyes were curved in the shape of a crescent moon.
“You asked.”
The drive ended with this.
Now only the real hunting remains.
***
shoot-
British Empire.
HMNB Portsmouth Shipyard.
This novel was posted at https://noblemtl.com
Officers of the Royal Navy and officers of the United States Navy gathered in Portsmouth in secret, and naval ministers and Secretary of War Roosevelt also entered Portsmouth, England to observe.
The directors and technicians of the Newport News shipyard, the executives and employees of Federal Steel, and the lawyers of Blatchford had been living and sleeping in Portsmouth from the beginning and watching the process of the dreadnought being built.
“That’s the dreadnought……”
Huntington looked at her beautiful figure as if possessed. In fact, all the distinguished guests who attended Portsmouth were admiring with the same face as Huntington.
The dreadnought’s majestic hull felt my heart pounding and exalted.
“Finally, is it Jinsik?”
“You’re too busy with your life. Go to Holland, America or England.”
“Haha, considering the money you earn, it’s not a big deal. Even if you look at the dreadnought, it feels like it’s been washed away.”
It took several months from the end of the Hague Peace Conference to finalize it, and it took a lot of hard work to work in the three East Asian countries.
It’s the first dreadnought ceremony, so I guess that’s what it feels like to be standing on a page in a history book.
“Then I’ll go to Mrs. Iman.”
“Yes, Jinsik, thank you.”
Clang-! Whoops!
According to naval custom, Edith Roosevelt, the wife of Roosevelt’s war minister, smashed champagne against a wall.
Secretary of War Roosevelt smiled faintly.
I took off my gloves and clapped.
“Good from the start.”
clap clap-
When the bottle of champagne was shattered at once, naval officers applauded. And the long-awaited Jinsu ceremony.
I slashed the naval line with an axe.
Qwajik-
There was an ax sound once.
Drooling-
───────!
squash-!
The dreadnought, which had been pushed out of the dry dock with a single roar, rushed into the sea. Let a huge wave hit the dry dog once.
The dreadnought was launched safely in its magnificent form and floated above the sea.
“Wow!
“succeded!!!!”
“Ahhh!!!!”
Wheeik-!
When the launching ceremony was completed safely, the naval officers tossed Jeongmo into the sky, and scraps of paper from the parade were sprayed from all sides.
Roosevelt approached me when he got out.
boo woo-
“Detroit, this is a fresh start.”
“Yes, I got a call from the Newport News Shipyard, and they say that the destroyers and armored cruisers we have contracted over have been launched safely.”
“It’s nice to hear from you.”
“Yes. Soon we will see the dreadnoughts crossing the Atlantic Ocean.”
Me and Roosevelt shook hands.
And with the sound of the dreadnought’s miracle, the ceremony was completed secretly and safely.
and a few weeks later.
Naval Base at Hampton Road, United States.
shoot-
USS Dreadnought.
America’s first dreadnought escaped the naval port, escorted by cruisers.
＜ shock. (1) > end
