1850 American Gold Tycoon

"Come to my study for an interview."

Liang Yao took the document bag handed over by Garrett, opened it and briefly glanced at the documents in the bag.

The documents in the bag were the Baltimore and Ohio Railroad's financial plan and development plan.

Compared with Vanderbilt, Rockefeller, Carnegie and other grassroots rich people, Garrett's background can be said to be a natural choice. Although Garrett was not born into a founding aristocratic family like Fish and Hunter.

But when he was born, his father was a shareholder of a securities brokerage company in Baltimore. Although he was not rich, at least he had enough food and clothing.

When he was sixteen or seventeen years old, Garrett was studying for a college degree while working as a management intern at his father's securities brokerage company, learning business management skills and applying them.

When Garrett graduated from college at the age of 19, he became a shareholder of this securities brokerage company like his father and worked for this securities brokerage company.

It was not until later that Garrett was optimistic about the development prospects of the railroad industry, and resolutely took all his savings to join the Baltimore-Ohio Railroad Company. He became a shareholder of the railroad company and served as chairman of the financial subcommittee, in charge of the finance of the Baltimore-Ohio Railroad Company. .

Although Garrett, 31, is young, he already has 14 or 15 years of management experience in large companies.

When Garrett was in charge of the finance of the Baltimore and Ohio Railroad, Garrett adopted very tough management methods and implemented new financial policies, which restored the profits of the struggling Baltimore and Ohio Railroad. There is growing momentum.

However, the good times did not last long. The technological storm in the railway industry set off by Liang Yao and Vanderbilt once again put this railway company that was showing signs of resurrection into dire straits again.

Facing the cold winter in the railway industry, Garrett was no longer able to reverse the crisis this time.

Liang Yao carefully looked at the financial report, financial plan and development plan submitted by Garrett.

Garrett was very correct in judging the development direction of this industry. He believed that the Great Lakes would soon grow into the most important industrial area in the United States. As long as he mastered the railway between the Great Lakes and the East, he would control a steady stream of wealth.

In the future, whether it is freight or passenger transportation, the Baltimore and Ohio Railroad will make a lot of money.

Unfortunately, given the dire financial condition of the Baltimore \u0026 Ohio Railroad, after only 400 miles of track had been built, the company could no longer afford to continue building the line.

Major banks also declined to lend to the Baltimore and Ohio Railroad after evaluating the company.

Most of the company's shareholders also cashed out and left, leaving only a few unwilling shareholders such as Garrett.

“The Baltimore and Ohio Railroad Company lacked funds and technology before, so it has been slow to develop. Now with your admission, funds and technology will no longer be a problem.

If you can believe it, let me take charge of this railroad company and serve as president of this railroad company. I will turn this company around in two years. Garrett said to Liang Yao.

Liang Yao believed that Garrett had such ability. Garrett was also a famous railroad tycoon in the United States, but all the American railroad tycoons at the same time seemed dim under the dazzling light of Vanderbilt.

It is different from Vanderbilt who likes mergers and acquisitions and completes the monopoly of the industry in a rough way as quickly as possible.

Garrett preferred to work hard in a railroad company. With Garrett's efforts, shortly after the end of the Civil War, the Baltimore-Ohio Railroad Company quickly grew into a large railroad company with assets of more than 10 million US dollars.

Before the war broke out, the railway company was on the verge of bankruptcy several times.

Garrett's railroad company also outlasted Vanderbilt's railroad empire. When the railroad empire of the Vanderbilt family, which was only three generations rich, fell apart, Garrett's descendants still managed the Baltimore-Ohio, which was doing well. Railroad Company, spending $14 million to connect existing rail lines to Philadelphia and enter the telegraph industry.

Garrett has sufficient ability and rich management experience, making him an excellent candidate to manage the railway company.

"As of today, the Baltimore-Ohio Railroad Company will cease to exist." Liang Yaoding said.

"gentlemen"

Garrett still wanted to fight hard to save the Baltimore and Ohio Railroad.

All his wealth and energy were invested in the Baltimore and Ohio Railroad Company. If this railroad company ceased to exist, not only would all his previous efforts be in vain, but he would also become a pauper with nothing.

Liang Yao waved his hand and interrupted Garrett: "The Delaware-Hudson River Railway Company will merge with the Baltimore-Ohio Railway Company to form the Atlantic Railway Company. During this merger, the Delaware-Hudson River Railway Company Company merges with Baltimore \u0026 Ohio Railroad.”

"What do you plan to do with the shareholders and employees of the original Baltimore and Ohio Railroad?" Garrett asked.

"If you are willing to stay with Atlantic Railway, you can stay. If you don't want to stay, I won't force you." Liang Yaohui said.

With the conditions of Atlantic Railway Company, there is no need to worry about not being able to recruit people. There are so many people trying to squeeze into the American Group, and there are a lot of outstanding new employees waiting for Liang Yao to choose.

"It turns out that Constantine, the president of the Delaware and Hudson River Railroad, will be the president of the Atlantic Railroad. Of course, I will put a bowl of water on the table. For the capable management of the Baltimore and Ohio Railroad, the Atlantic Railroad The company's door is still open for you.

Your financial report is good, and I am quite satisfied with your plan. If you want to stay in Atlantic Railway, I can offer you a position as Vice President of Atlantic Railway. "

This was the condition Liang Yao offered to Garrett. During this railroad merger, the Delaware-Hudson River Railroad merged with the Baltimore-Ohio Railroad.

It was more appropriate that the president of the Atlantic Railroad be succeeded by the former president of the Delaware and Hudson River Railroad, and Constantine stayed with him longer.

As for the suspicion of nepotism, Liang Yao doesn't care. America Group has so many industries. If he wants to control the companies below, Liang Yao sometimes has to rely on nepotism.

Furthermore, if Garrett is willing to stay, he has just joined the American Group family. It would be difficult for the old employees to convince the old employees to let a newcomer who has just joined the American Group family take charge of the Atlantic Railway Company.

If Garrett can prove his ability in the future, Liang Yao will not be stingy about promoting Garrett.

"Thank you for your appreciation. I would like to stay with the Atlantic Railroad."

After thinking briefly, Garrett made a decision.

The conditions Liang Yao offered him were already very generous, and he had no reason to refuse.

The current situation in the railway industry is already very clear.

In the future, the railroad industry in the United States will be dominated by large railroad companies.

After the three giants complete the acquisitions, Liang Yao's Atlantic Railway Company, Vanderbilt's Central Railway Company, and the old railway giant Yinli Railway Company headed by James will dominate the American railway industry.

The history of small local railway companies is about to become history. With overall backwardness in scale, capital, technology, and route resources, small railway companies simply cannot compete with these three giants.

"Go and hand over to Constantine, the president of Atlantic Railway Company." Liang Yao stood up and patted Garrett on the shoulder, "Do a good job, I'm optimistic about you and hope you can make a career in the railway industry."

Garrett nodded in agreement and said goodbye to Liang Yao after thanking him.

After Garrett left, Liang Yao unfolded the map behind him. On the map, with New York as the center, the Atlantic Railway Company's railway lines extended from Boston to the north of New York, Philadelphia and Baltimore to the south of New York, and Pennsylvania to the west of New York. Pittsburgh, Canton, Ohio, Akron, Cleveland.

His railroad empire in the east was already taking shape.

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