1850 American Gold Tycoon

The United States has raised tariffs, and countries such as Britain and France have retaliated by imposing retaliatory tariffs on American exports.

American exports have suffered a huge blow as a result.

However, those affected by high tariffs are mainly low value-added products, such as cotton, tobacco and sugar cane, America's top export products.

The unit price of these raw materials is not high and the profit is slim. Even a slight increase in tariffs will be very fatal for these products.

Sewing machines are not included in this list. Sewing machines are high value-added products and there are currently no other strong competitors or substitutes.

A pedal-operated sewing machine can be worth 10 skilled tailors. Based on this alone, the sewing machine has a large profit margin. As long as the tariff is not too high, there will be an export market.

Of course, considering the current sewing machine production capacity, it would be great if Liang Yao could capture the domestic market in the United States first.

Furthermore, exporting sewing machines to Europe will have to wait until Liang Yao sells the clothing produced in California to Europe.

"It is an honor for Singer Brothers to join the Americas Group and become a part of the Americas Group. Can we talk about the issue of shares? 10% is a bit low."

Edward wanted to bargain with Liang Yao to get more benefits for himself.

"The combined assets of Singer Brothers and Bridgeport Machinery Company will not exceed US$50,000, and I will invest one million US dollars in the sewing machine industry. The 10% shareholding of the new company will far exceed that of Singer Brothers." and all property owned by the Bridgeport Machinery Company.”

Liang Yao rejected Edward's bargaining.

"10% of the shares is already the best offer I have for you, so don't be ignorant of it."

An investment of one million US dollars was something he had never dared to think about before.

Edward couldn't help but take a breath, they now completely lost the confidence to bargain with Liang Yao.

There are more than one rich man in the United States who can spend millions of dollars in cash, but Liang Yao is the only American rich man who has the courage to spend millions of dollars to invest in an emerging industry that is still blank.

With Liang Yao's courage, Edward is also willing to let Singer Brothers become a part of the Americas Group.

What's more, the conditions given by Liang Yao are also very attractive, and he can also get 10% of the shares of the new company.

Like Liang Yao, he is also very optimistic about the future of sewing machines. This 10% share has unlimited potential in the future.

"I accept your terms."

Edward quickly made a wise choice. He poked Yinsak's arm to signal his partner to make the same wise choice as him earlier.

"Do we have any other options?" Yin Sak smiled bitterly, "If you want to acquire Singer Brothers, it's just a matter of moving your fingers."

Yin Sak also had to face reality. In front of a capital tycoon like Liang Yao, a small factory owner like him had no power to fight back.

Fortunately, the conditions offered by Liang Yao were also very generous. Faced with such generous conditions, Yin Sak had no reason to refuse. If he refused, he would really be disrespectful.

He is a humble little person, and a little person should have the consciousness of a little person.

Liang Yao looked at Erics, who also agreed.

The Bridgeport Machinery Company was all he owned, and he pinned his future entirely on sewing machines, which was what motivated him to fight for a sewing machine patent.

If he wants to stay in this industry and accept the price offered by Liang Yao, joining the Americas Group is his only choice.

After acquiring Singer Brothers and Bridgeport Machinery Company, Liang Yao learned about their sewing machine production capacity.

Bridgeport Machinery Company can produce about 80 hand-operated sewing machines per month, while Singer Brothers can produce about 70 hand-operated sewing machines per month.

In other words, the monthly production capacity of the two companies after the merger is only about 150 units.

After the production line of hand-operated sewing machines is changed to pedal-operated sewing machines, this poor production capacity will be further reduced.

This production capacity is simply not enough, and Liang Yao also plans to transfer part of the production capacity to California.

Of course, this is just bad news, there is also good news.

The good news is that as long as sewing machines can be produced, they will not have to worry about selling them. Sewing machine orders from these two companies have been scheduled for next year.

It shows that the market still recognizes sewing machines very much. As long as the production capacity is increased, these production lines will become money printing machines.

"Pinkerton, go do your thing. If your performance satisfies me, I won't treat you badly."

After Yin Sak, Edward, and Erics left, Liang Yao said to the stunned Pinkerton.

one million dollars

This astronomical figure has overturned his middle-aged cognition in a small town in Chicago.

He didn't even have a concrete idea of ​​this number, because Chicago has yet to produce a millionaire, and even Illinois, the University of Nottingham, has only one millionaire so far. It is said that it is an exaggeration. In fact, The assets of this Yinzhou millionaire did not reach the threshold of one million US dollars.

It is true that the Midwestern United States is a fertile land with fertile black soil and many mineral resources.

But not everywhere is as rich in gold as it is easy to mine in California.

In fact, the early gold rush in California was not even considered mining. Instead, it was just bending down to pick it up. If you were lucky enough to pick up a few gold nuggets and leave California alive, you would be able to achieve financial freedom and reach the pinnacle of life.

Listening to Liang Yao's tone, it seemed easy to come up with one million dollars. Faced with an employer with such strong financial resources, Pinkerton even suspected that this was an illusion.

If you can serve such an employer, you will never have to worry about money in the future!

"Don't worry! Mr. Liang! I won't let you down!" Pinkerton said, patting his chest.

Rather than investigating the clueless mysterious figure of Wall Street Robber Charlie, Pinkerton decided to investigate Coney's $40,000 first.

This matter is much easier than investigating Charlie, and there is still a commission of $12,000 to be obtained.

After Pinkerton learned about the cause and effect of the incident from Kony, he quickly got a clue. He interrupted Kony's rambling and said to Kony.

"Mr. Kony, let's go to the casino first. I think you can get your $40,000 back soon."

"Really?" Kony was a little surprised.

"In Chicago, I have seen a lot of naive gamblers like you. You said you were robbed not long after you left the casino. The other party's methods were very sophisticated and clean. These people must have something to do with the casino.

As for the possibility of gang members committing random acts, there are so many gamblers coming in and out of the casino, why do these people just stare at you and rob you alone? ” Pinkerton adjusted the collar of his shirt.

"If you only win $400, you can easily take $400 out of the casino, but if you win $40,000, the casino will not let you take the money away easily."