＜ A line that should not be crossed. (1) >
US Wall Street.
JP Morgan Bank.
around that time.
Chairman Morgan and Japan’s Komura special plenipotentiary minister were chatting with each other. Chairman Morgan summoned the Komura Plenipotentiary Corporation to coordinate the Wall Street Jewish banks and to find a way for commercial banks to enter the market.
“I heard that Japan’s industrial revolution is still in the light industry. Isn’t it important to attract US investment to advance to heavy industry?”
“Thank you for your concern. However, the industry in the current Japanese Empire has sufficient conditions to be self-sufficient, and we aim to lead the way in collaboration with the American industry.”
“Hmm.”
Komura Plenipotentiary was sweaty.
I heard through the telegram a few days ago that the Japanese economy was literally in chaos. National banks were being pushed to the brink of bankruptcy, and a bizarre financial institution called the bailout committee was tearing up Japanese banks and dismantling them.
All the corporations swallowed up in the process are owned by the Japan Settlement Bank.
However, he is an American plenipotentiary in Japan.
They had to somehow protect their own interests, and they needed to stop and convince these Wall Street wolves.
‘Of course, President Morgan must know about that.’
Sweat was dripping from his hands, but he easily turned it over and hid it.
He put on a shameless face.
I just have a wish in my heart that the ministers of the Japanese Empire do not have an accident.
President Morgan opened his mouth.
“Currently, there is no heavy industry technology in Japan, so we will discuss this later. You are not entrusting the British shipyard to build battleships. I heard that the Nagasaki shipyard was also privatized.”
“Mitsubishi’s Nagasaki Shipyard is an excellent shipbuilding company. Japanese fellows who have learned British shipbuilding techniques are working hard to build warships.”
“exactly?”
palak.
Every time President Morgan turned through a report, the Komura Plenipotentiary Corporation seemed to squeeze his heart.
The Mitsubishi Shipyard is also in danger of being swallowed up by the Bank of Japan Settlements, but I couldn’t get it out of my mouth.
bang-!
In the midst of a tug-of-war with Gomura. The door to the president’s room swung open.
The eyes of Chairman Morgan and Komura Plenipotentiary went back to the secretary.
The secretary’s face turned white.
“Something?”
“It’s urgent. Please listen for a moment.”
President Morgan, who was shaking his head at the sudden intrusion of his secretary, was nervously irritated. After all, I had a conversation with a plenipotentiary of another country, but it was diplomatically disrespectful to break in in the middle.
However, when the secretary started whispering something in President Morgan’s ear, the mood of President Morgan changed completely.
– Yesterday afternoon, near the headquarters of the Japan Settlement Bank in Tokyo, the Detroit master was attacked.
“…..!!!”
President Morgan opened his eyes.
But I couldn’t make a mistake in front of a foreign diplomat, so I clasped my hands.
The secretary continued.
-It is said that the knife pierced the carotid artery in the neck and cut the ear in a straight line. Fortunately, there was no life-threatening injury, but if it was 0.1 inches deeper, it would be dangerous.
“……”
I felt dizzy.
Chairman Morgan felt that the ceiling was singing. Now Jack Tracy has gone away and is being treated at the hospital. Detroit Morgan was the only person to succeed the Morgan family.
“……Well.”
right. I bit my cigar.
But that son almost died.
Chairman Morgan’s succession work he had done for Detroit flashed through his mind like a flashlight.
“…Secretary. Does Rockefeller know about this?”
“Not yet. The U.S. Navy first contacted us. It appears to be the victim’s family.”
“okay.”
The light disappeared from President Morgan’s eyes.
The expression on his face disappeared.
I wanted to run right away and pat Detroit’s cheek, but
‘This’ called the Japan Plenipotentiary Corporation.
First of all, I had to get rid of the ‘this’ in front of me.
“Komura Special Plenipotentiary Corporation. You had a good time today.”
“Yes, President Morgan.”
“Maybe I’ll be a little more comfortable for a while. Take care of yourself and take good care of yourself when you return to the Legation.”
Sum 🤩
Komura Plenipotentiary was momentarily goosebumps by Morgan’s inept ambassador. This isn’t even a look at dirt.
Like…..
I’m sorry, but….
It wasn’t the eyes that dared to look at people.
‘…I’ll have to leave at once.’
The diplomatic sense of Komura Plenipotentiary, which had been honed in the meantime, was sounding the alarm. He quickly grabbed his belongings and stood up.
“Yes, Chairman. Today was a good time. I promise that I will do my best to contribute with all my heart and soul to promote relations and peace between the Empire of Japan and the United States of America.”
“…I do.”
bang.
After Komura’s special plenipotentiary office closed its doors, Chairman Morgan sat down on the sofa and drank Coke from the glass.
I heard that it was a company acquired by Detroit, so this drink called ‘Cola’, which I started drinking recently, was sweet and suited my taste.
gulp.
However, no matter how much I drank, no matter how much I drank, I couldn’t feel any taste today. It was such a sweet drink, but the taste on the tongue was as if paralyzed.
Clap up-!
Chairman Morgan’s grip shattered the glass. His hands started to tremble.
he murmured in a hoarse voice.
“…you did well.”
Gomura Plenipotentiary Corporation.
He almost killed him by breaking his head right in front of his eyes.
“secretary.”
“Yes, Chairman.”
“Tell Rockefeller this fact, without missing a beat. Call all the bank presidents on Wall Street. All Jewish investment banks and commercial banks. Don’t leave out a single one.”
A chill emanated from President Morgan’s eyes.
“Japan no longer needs mercy like dialogue.”
***
Imperial Japanese Navy, Yokosuka Naval Base.
The flagship of the U.S. Pacific 1st Fleet.
USS Saratoga.
“Ouch…”
“Morgan, you are patient. Digging a needle into raw flesh would be excruciatingly painful. I’m sorry.”
“no.”
Admiral Dewey stuck out his tongue.
But I clenched my fists and persevered.
I couldn’t believe the medical system at the end of the 19th century. In the era of heroin in cold medicine, administering anesthetics and tying your ears?
‘I knew there was something crazy in that anesthetic.’
I didn’t want to be pickled as a drug addict, and without anesthesia, I twisted these tight, cracked ears.
“Haha, luckily the katana ended up cutting her earlobe deeply. Seeing you have a scratch on the carotid artery in your neck, the sky has turned bright blue.”
“If it had gone a little deeper, it would have been to another world.”
“Well, yes. By the way…”
Druck.
Dewey pulled out a chair in the infirmary and sat down in front of me. There was no more playfulness on his face, and only the serious Dewey ‘Admiral’ sat there.
“The damn monkey who gave you a knife was a junior officer in the Japanese Army. When the Tokyo Metropolitan Police Department didn’t have enough staff, you borrowed a hand from the Army.”
“Is this a solo crime?”
“I say so. First of all, he said that the Tokyo Metropolitan Police Agency would arrest him, but when the Army Gendarmerie came, they said it was under their control. When our US Navy arrived, he had already been taken to the Army Gendarmerie.”
“……her.”
Solo crime?
The Army Gendarmerie was dispatched less than 10 minutes after committing the crime, and it was a solo crime?
Jiral, like this, was an art.
Anyone can see that it was the instructions from the Ministry of the Army, and that guy was nothing more than an action leader whose tail was cut off.
Admiral Dewey sighed.
“In all likelihood, this was done now that the 2nd and 3rd Fleet were sent to block the sea in the Sulu Islands. The Ministry of the Army sent the officer who had committed the incident to the military police in 10 minutes, and it will probably end with a single crime.”
“They didn’t do it without thinking.”
The composition of the 1st Pacific Fleet.
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One full-dreadnought-class battleship and seven armored cruisers. 10 torpedo boats and 4 supply ships.
Because it was Admiral Dewey’s fleet, it was larger than other Pacific fleets, but for that reason, it was a force that could be compared to the Japanese combined fleet now.
The only dreadnought is currently in the Atlantic Ocean.
It’s too big to pass through the Suez Canal, so it takes roughly two to three months to get back to South Africa’s Cape of Good Hope.
“The Japanese Combined Fleet, which had been scattered all over Japan to detain US cash carriers, is gathering one after another at the Yokozuka Naval Headquarters. What does this mean? Do you understand?”
“…I will end the war.”
“Not to the point. Threats to return to your country by using force.”
Their calculations were starting to look rough.
I was sitting as a bridesmaid at the Tokyo Treaty negotiating table. On the surface, I look like a young man in my twenties and a white man.
You must have thought that Secretary Naburin was a civilian.
“This is an attempt at a meticulously planned murder.”
“Yeah. These madmen were the ones who had the Russian Crown Prince Guard fleet in the Otsu incident and stabbed the Crown Prince. They were the ones who slaughtered 11 sailors when the French fleet arrived.”
“One side is the imperial family. The other side is a soldier.”
“Yeah. They were characters of special status, so they were quick to respond and flattened out to the other country and even put on a show. But now?”
“…just a civilian fluff.”
“That’s it.”
Admiral Dewey frowned.
“Those guys, let alone the Emperor’s apology, there’s no news from the Ministry of the Army. The guy who stabbed you is also ignorant. You should know what you’re doing while under arrest, not to mention the robbery.”
“…even if you resist, it’s calculated that if you hit the Togeza a few times and take one or two offenders, just like the Otsu case or the Sakai case, it will just pass.”
“It’s an easy decision that if the U.S. fleet retreats by threatening the Japanese combined fleet, American ‘civilian’ financiers will run away to the mainland in pee.”
“Crazy guys.”
They would have done it without knowing it.
I am the troika of American business, the almost sole heir to Chairman John Pierpont Morgan. The fact that he is a public official serving as an advisor to the Ministry of Navy and an advisor to the Ministry of War.
Before that, they were mistaken about the civilians of the United States.
“You treat American civilians like serfs from the daimyo era.”
“What do the monkeys do when they dress up nicely. What they do is no different from monkeys.”
“I don’t think you know what it means to say that the American people’s equal rights and human rights ethics are written in the United States Constitution.”
constitutionally.
The human rights of the President of the United States and American civilians are equal.
However, Japan was neither Britain, which suffered the Glorious Revolution, nor France, which suffered the French Revolution, nor the German Empire, which suffered from Bismarck.
From the US point of view.
They are nothing but barbarians in the Middle Ages, where daimyo of the Warring States period of the samurai changed into suits, and samurai changed into military uniforms.
Its nature is revealed today.
“How is the Pacific Fleet doing now?”
“The 2nd to 4th Fleet are in naval blockade in the direction of the Philippines. The 5th Fleet is a Hawaii Naval Base, the 6th Fleet is in British Hong Kong, and the 7th Fleet is currently in California.”
“Isn’t there a fleet that is being deployed additionally now?”
“I’m currently running a shipyard on the West Coast to grass. I don’t know how they got the technology, but Bethlehem Steel is also building a warship. It will take two months to deploy.”
“The 8th Fleet and the 9th Fleet, right?”
“Actually, those two are the fleets that will be deployed to the Atlantic Ocean, but the Philippine Front is not yet finished, so they are the fleet that will be added.”
The corners of Admiral Dewey’s lips curled up.
The Pacific Fleet is obviously fat. There are too many ships and too many warships. However, this amount of investment was required to block the entire Pacific Ocean by the US without technology and to obtain navigational data and survey data for the Pacific in the future.
If you don’t have enough maintenance cost before and after, you can scrap it.
First of all, it is an American tradition to pour out goods with industrial power.
“Of course. The flagships of both fleets are dreadnought-class.”
Seven fleets are currently deployed in the Pacific Ocean.
Two more fleets were deployed.
About three months later, three dreadnoughts will be deployed to the Pacific.
“Haha. How much does the Japanese Empire know about the American fleet?”
“You don’t know? In the Pacific, the US Navy has a naval blockade, and the Royal Navy has not shared any information with the Japanese Navy. Only the UK and the US don’t know yet how many ships there are and how many warships the US Navy has.”
“Well, it hasn’t been long since it dried.”
“right.”
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One thing suddenly.
Paradoxical and ironic though.
A phrase from George Orwell’s Animal Farm flashed through my head like a lightning bolt.
“…All animals are equal.”
“Um? What do you mean?”
But some animals.
more equal than other animals.
“it’s nothing.”
And I.
The latter was evident at this point.
***
Japan Settlement Bank.
Tokyo branch.
“…are you okay? Your ears look like Vincent van Gogh.”
I got the job done so quickly that I was afraid to return.
Samuel Sachs started to treat me like a bomb, but I waved my hands.
“What will the banker do while he’s resting? I’m fine, so I’m out and working. Don’t worry. U.S. Navy officers are closely guarding me.”
“No, that’s not the point…”
“And we have to disband Mitsubishi.”
“……”
“The bailout is also in the final stage today.”
Then yes.
Samuel Sachs nodded. This is Detroit Morgan. I forgot for a while.
But as soon as he read a copy of the report I handed him, he rubbed his eyes and doubted the reality.
“…Wait. What the hell is this?”
“Is there something wrong?”
Most companies have their credit ratings downgraded.
Although it is not possible to directly demote solid mid-sized companies and chaebols such as Mitsui and Sumitomo who show power through fundamentals.
All banks that indirectly loaned them were demoted.
Naturally, interest rates rose and debt ratios rose.
Japanese central bank.
As they became a secondary finance, the loan interest ceiling increased. High interest rate contract renewals were made under the pretext of forced liquidation and rehabilitation procedures.
Not to mention the relegated companies.
All loans from the 1st financial sector are liquidated and the contract is renewed with 2nd financial sector. Loan interest starts at 20%.
“Mitsubishi Bank’s credit rating was downgraded to D, and it was also expelled from the second financial sector. It went into compulsory liquidation and renewed loans with Mitsubishi Line, Mitsubishi Corporation and Mitsubishi Shipyard. The interest rate was renewed at 30%, but all three companies defaulted on short-term bills. Bankruptcy due to (default)
“…….Well.”
“The Mitsubishi conglomerate was disbanded. The assets of each company were evaluated by the asset sales department and handed over to the auction department, and the Bank of Japan settled.”
Nagasaki Naval Shipyard.
Mitsubishi Line’s large merchant ships.
The mines of Mitsubishi Corporation.
All other assets were acquired by the Bank of Japan Settlements at a bargain price.
“Hey, you know I’m not talking about that now. What the hell is this?”
Samuel Sachs looked at me with a slightly pale face. He handed me the report.
“The debt ratio of the Mitsui and Sumitomo chaebols is 40%. The average debt ratio of medium-sized shipping companies is 70% or higher.
They borrowed dollars from JP Morgan Bank, Jewish banks, Japan Settlement Bank, Goldman Sachs, and Detroit Bank and loaned them out.
As a result, the debt ratio of blue-chip companies exceeded 40%. Most of the debt was taken over by the Bailout Financial Committee, so it’s like a loan the US gave to Japan.
“Why are you doing this? Isn’t it wonderful as a measure to revive the Japanese economy for a bailout?”
“…we have nothing to hide between us. Let’s be honest.”
Samuel Sachs took me, sat me across the desk, and poured a coke into a glass.
“40% of the debt in dollars. The Japanese yen swapped into Spanish pesos has not been used yet. They even took 5% of the gold from the Bank of Japan’s gold reserves as compensation.”
There was a lot of debt.
The yen is piled up in large quantities.
Japan’s gold reserves are in trouble.
“My rough calculations show that up to 25% of Japan’s gold reserves can be converted with only the current yen.”
How did Spain become indebted to Britain? That’s because Barclays Bank loaned it to the Spanish bank in pound sterling.
And the peso plummeted.
For example, if we approach a simple calculation.
1 pesos. Exchange rate for 1 Pound Sterling.
100 pesos. exchange rate for one pound sterling.
So what about debt?
If you owe 1 million pesos, it increases to 100 million pesos in an instant.
Samuel Sachs explained this by overlapping the Japanese economy.
“As soon as Japan’s gold reserves fall below 60%, gold convertibility stops. Then the yen’s exchange rate will be like the Spanish peso? Then, that 40% debt ratio.”
Even if it is 10 times, the debt ratio is 400%.
Samuel Sachs looked at me with a white face.
“Hey, you’re going to destroy Japan’s gold standard, or the Japanese economy, completely.”
to his question, I
He just smiled coldly.
***
Japanese Army Department.
“…The above is the current situation on the American side.”
The executive meeting room where the Josh Beal army generals are lined up. The Minister of the Army, Katsura, sat in the top seat and smoked a cigarette.
There was one burst of laughter in the boardroom.
“Ha ha… ha ha ha ha ha ha!!!”
Bang-!
“Look. What did I say? You’re cute, you’re cute, but you’re a paper tiger? There’s no such thing as a response from just one civilian.”
The Minister of the Army, Katsura, spoke vigorously in a tone full of confidence.
“But if there is even a protest from the US side…”
“It’s just an ordinary criminal case in which a civilian was murdered by the arbitrariness of a junior officer of the army. What’s the matter? The junior officer is also being held by the Army Gendarmerie.”
The army officer in question was in a separate room, cheering. He is the hero of the Japanese people. You have to treat it big. He was a proud member of the Yushin branch.
“Well, if you’re serious about it, it’s a problem that ends when you split a few people. Even the Emperor is not silent. The Japanese Navy Minister initially refused, but now he is excited and is gathering the combined fleet at the Yokozuka Naval Base. If you put pressure on me, I’ll back off completely.”
“Great. Instead!”
“Hahaha! It’s nothing special. I’m just going to burn myself down for the sake of the eternal glory of the Japanese Empire! It’s not natural as a governor of the Restoration! You there! Bring me some alcohol from the warehouse!!!”
The army generals took out sake (alcohol) and poured it into a glass in a festive atmosphere. In the executive meeting room, which quickly became a banquet hall, everyone clashed with drinks.
“Gunpai-!”
braided.
hit the glass
“For the boundless glory of the Japanese Empire!!!”
***
at that time
United States Department of War.
clink-
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Office of the Minister of War.
A katana hanging on the wall was horribly broken. Shattered katana scattered across the floor.
Whoops.
In the trash cans were burning Japanese history books, books about samurai, and Japanese history books. A thick smoke was billowing towards the window of the minister’s office.
“…The Detroit director was attacked?”
“Yes, Secretary Roosevelt. He rubbed the carotid artery in his neck and cut off his ear.”
Roosevelt was furious.
Darely, the monkeys of the Japanese Empire touched Detroit, the heart of the United States and the Navy.
He liked Japan.
The Japanese Empire, an emerging power in East Asia, was attractive to him as an exceptionalist.
He was deeply absorbed in the samurai spirit and Japanese culture.
…to this day.
“Those damn monkeys.”
dope-
The once-wapanis went completely black, picked up pieces of katana and stood in front of a world map hanging on the wall.
He stared at the map with bloodshot eyes.
Kwajik- Kwajik- Kwajik! north! north! north!
A piece of sword tore, torn, and torn the Japanese Islands on the map. The lieutenant stiffened at the terrifying appearance. Dissatisfied, Roosevelt brushed his messy hair and called his lieutenant in a horrendous way.
“you.”
“Yes, yes!”
“Call all the generals of the Army Staff that you can call right away. All without exception. There are a lot of people playing after the Spanish War is over anyway.”
“What can I tell you?”
“Are you going to tell me? A lot. There are a lot of things to discuss, such as measures against the Japanese Empire’s provocation against the home country, cooperation with the United States Navy, and the army’s response. But…”
Kwajik.
A piece of katana flew like a shuriken and was stamped on the wall. Flames flared in Roosevelt’s eyes.
“I wish I could tell you that the declaration of war against Japan is an important matter that is being considered.”
thud.
The War Department’s teddy bear had long awakened as a grizzly.
＜ A line that should not be crossed. (1) > end
