1850 American Gold Tycoon
Chapter 62: America’s first generation of industrialists
The Bank of America branch in Sacramento is one of the few masonry buildings in Sacramento and is the sturdiest building in the city. Google search reading
After everyone reluctantly left the bank vault, Liang Yao received them in the VIP room on the second floor of the Bank of America's Sacramento branch.
In the past, only customers with more than 800 ounces of gold in Bank of America were eligible to enter the VIP room on the second floor.
In the opinion of Vanderbilt and others, the VIP room of Bank of America is not luxuriously decorated. Compared with the major banks in the east, it can even be said to be a bit shabby.
But the amount of business they are discussing here today is huge enough to eclipse any major bank in the United States.
Perhaps this will also become the largest transaction in the history of the founding of the United States.
Everyone in the VIP room had their own thoughts.
Vanderbilt wanted to use California gold to defeat his pesky competitors on the sea and canals, start his own railroad empire, and at the same time make up for the huge losses caused by the stock market downturn in recent years.
Jeremiah Simonson, a shipbuilding expert who remained silent all the way and acted as a quiet observer, hoped to obtain enough gold to develop new shipbuilding technology and expand the scale of the shipyard.
Theodore Secor, a steam engine manufacturer, had similar ideas to Simonson. He hoped to obtain gold to improve existing steam engines in order to narrow the gap with the British in the field of steam engines so that his steam engines could be exported to Europe and the British. steam engines compete in the international market.
Although the industry in the United States had already started in 1850, the industrial products made in the United States were still synonymous with low-end and inferior quality in the international market. Not to mention competing with the United Kingdom, even France could not compete.
The survival of these fledgling manufacturing industries in the United States depends on the federal government's trade protection policies, which increased import tariffs and shut out a large number of British and French industrial products.
If there is a high-end industrial product that can beat Britain in the European market, such as a steam engine, it will not only make money, but it will also be a very proud thing for the United States. Even the entire country will be proud of him.
The future belongs to the era of steam machinery. Steam engines will be used in many places such as steam ships, trains, and factories. He does not want to fall behind others in this regard.
If Secor obtains enough gold, he can expand the scale of the steam engine manufacturing factory, build more new factories, hire more workers, and produce more steam engines.
Van Daze is the most ordinary of these people. He runs a grocery store, but he only opens more grocery stores. His financial resources are far inferior to those of the others present.
Vandaze's idea is also simple: open more grocery stores in more cities.
As for Kony, he was the most absent-minded, just sitting on the sofa leisurely drinking tea and whistling, and did not forget to tease the young female employee who was serving tea and water.
"California's gold is enough to change the United States and even the world. Although I now own the most gold in California and the largest and richest gold producing area, I am willing to share it with you who are doing this and the heroes who will change the future of the United States. My gold."
Liang Yao is now eager to convert the gold in his hands into industry, otherwise the gold in his hands will not have much meaning to him.
Liang Yao once had the idea of cooperating with the eastern aristocratic plutocrats to share California gold, but this ridiculous idea only flashed through his mind.
Those self-proclaimed aristocrats are not even willing to accept Vanderbilt, a rich white man of Dutch origin, so how can they accept him, a rich Chinese man of different skin color?
Everyone in the VIP room began to discuss it animatedly.
Clearly, they have a keen interest in gold.
But they also know the cost.
"If we do this, we will be enemies of the wealthy elite in the East, who have also coveted California's gold for a long time."
Simonson is a relatively cautious person. Although gold is tempting, getting it requires paying a high price.
The purpose of his trip is to inspect California. If appropriate, he will open a new shipyard in California and at the same time undertake some ship maintenance business.
There are many merchant ships traveling to and from California every day, and as far as he knows, the only San Francisco shipyard in California has the ability to repair small steamships.
His shipyard will be of great use here, and he will gain huge wealth. Getting involved in the gold industry was not part of Simonson's plans for this trip.
"Simonson, I admit that what you said makes sense. But even if we don't get involved in California's gold, will those arrogant and arrogant guys be friends with us? Have you forgotten how they asked you at your son's wedding last year? Embarrasing?"
As the saying goes, those who are barefoot are not afraid of those who wear shoes, and Van Daze is such a person.
Anyway, he didn't have much property, so getting his hands on California's gold was a rare opportunity for him, and he didn't want to let it go.
"There was also the wedding of Lois and Clark two years ago. My old friend, have you forgotten? They directly ignored your invitation. No one came to the wedding of Lois and Clark to give the two newlyweds Sending sincere blessings!
Why can they touch California's gold but we can't? ! "
With that said, the emotional Vandaze looked at Vanderbilt again.
Vanderbilt was the most powerful person among them. Vanderbilt hoped that Vanderbilt could participate in the gold rush in California.
Vanderbilt was a vengeful man, and he certainly did not forget these humiliations.
But Vanderbilt was worried not so much about business figures as about their influence in Congress.
But he didn't know how much sincerity Liang Yao would give and whether it was worth their risk.
Vanderbilt took a deep breath from his cigar and turned his head to stare at Liang Yao.
"What my old friends said is very reasonable. To be honest, Mr. Liang, I am very interested in the gold mining industry in California. It's just that we don't know how sincere you are until now."
How much tangible profit he could make from participating in the California gold rush was Vanderbilt's biggest concern.
Liang Yao took out the financial report he had prepared before departure and handed it to Vanderbilt.
"This is the financial report of Xiangshan Gold Mining Company last week. Last week, our average daily production of gold was 2,641 ounces. After deducting all expenses, an average of 1,854 ounces of gold were recorded every day. What I am taking you to visit today is the largest mining area of Xiangshan Gold Mining. .”
It took Vanderbilt a while to understand Liang Yao's financial report. Liang Yao's financial report was very beautiful, and the company's capital flow was clear at a glance. He even wants his company's employees to follow this template in making financial reports in the future.
Liang Yao gave him too many surprises, and Vanderbilt was not surprised that he could produce such a good financial report.
In later generations, Liang Yao made false financial reports for many small companies. Moreover, this financial report was not very watery, so Liang Yao only expanded the data by two times based on the original real financial report. It wouldn't be a problem to fool Vanderbilt.
"How many shares of Xiangshan Gold Mining Company are you willing to transfer?"
Vanderbilt asked, putting down his financial report.
He admitted that the shares of Xiangshan Gold Mining Company were indeed very attractive.
He also privately sent his assistant Nigel to investigate gold mining companies in California.
Xiangshan Gold Mining Company can be said to be the best among these gold mining companies, leaving its opponents far behind.
Even if a large consortium from the east moves into California, Xiangshan Gold Mining Company is not without the ability to fight back.
Vanderbilt understood that the most valuable thing about Xiangshan Gold Mining Company was not the company itself, but the large amount of land owned by Liang Yao. These are things that other gold mining companies don't have.
After all, land is the root of all these problems.
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