Romanian Eagle

Romanian Eagle Text Volume Chapter 496 The United States As the largest seaport in the United States and one of the largest seaports in the world, the New York Harbor is lined with many ships. As a natural deep-water port, the shallowest waterway of New York Harbor is 13.72 meters, which is fully suitable for sailing with various giant ships. Therefore, in the era of great voyages, the Dutch who took the lead in landing colonies here established a port city at a glance.

And now it has become the most important transportation hub city in North America. The sea connects the economic exchanges between Europe and other countries in the Americas, and the railways and rivers connect the Great Lakes region, which is the essence of the United States. This has also caused it to become a concentration of American capital, with a large number of banks in Manhattan, participating in financial activities in the United States and the world.

The luxury cruise ship St. Louis is slowly docked in the busy New York Harbor, which is its destination this time.

When the St. Louis came to a standstill, other passengers on board were notified to suspend disembarkation. These travelers accepted the notification readily, because they knew there was a Romanian king on board, who was visiting the United States this time.

And when Edel took his wife and entourage to American soil, the welcome ceremony officially began. The American people on both sides waved the national flags of the two countries and cheered loudly, and Secretary of State Kellogg, who had been waiting here, brought the Governor of New York and others to us immediately.

Welcome to His Majesty's visit to the United States.

Kellogg was formerly a well-known lawyer in the United States and served as secretary of state in the administration of President Coolidge, who had just won re-election to the presidency.

One more thing, Coolidge was a lucky man, serving as vice president as Warren Harding's running mate in the 1920 election, and taking over the presidency after Harding's death in 1923. and succeeded in subsequent re-election. His Treasury Secretary was the famous Mellon. And his proposition is a free economy of small government, leaving everything to the market for self-regulation. This not only made the local American economy increasingly prosperous at this time, but also laid the foundation for the future economic crisis.

As Secretary of State during the famous Coolidge's prosperous tenure, Kellogg was a staunch defender of American interests, and he was a proponent of a free economy. Everywhere seeks the rights and interests of American capital overseas, and has interfered in the internal affairs and disputes of some countries in the Americas. As for the attitude towards European countries, it is basically dominated by the current mainstream isolationism in the United States.

So when confronted with the big butler of the US government, Edel, who asked for the US, warmly greeted him.

Thank you, Your Excellency, for coming to the pier in person. The enthusiasm of the American people surprised me, a person from the Balkans. I believe that the friendship between Romania and the United States will have a long history.

Your Majesty is very kind.

In the face of Eder's kindness, although Kellogg was indifferent to European affairs, he couldn't help but wonder, because he felt that the Eder king was more enthusiastic than him. So while thinking about how to deal with it, he pointed to the others behind him and introduced him to Edel.

This is Governor Smith of New York State.

Hello, Governor Smith.

Hello, Your Excellency Governor.

This is……

...

Following Kellogg's introduction, Edel shook hands with the others.

Your Majesty, we have prepared our residence, please come with me.

Thank you, Your Excellency.

Under the leadership of Kellogg, Edel and his party left here by car.

When Secretary of State Kellogg was welcoming Edel and his party, in the Morgan consortium office on Wall Street, two big men who stomped and stomped all over the world were talking about the Romanian king.

Uncle Baker, what do you think the king from Romania wants from this visit?

To be able to be called Morgan's uncle,

And the only person who can chat casually alone is George Fisher Baker. This was J.P. Morgan's closest partner in his later years, and his most important ally. As the most powerful national banker on Wall Street, he is the chairman of many companies and manages the largest number of companies in the United States. It is said that in 1917 he was the third richest person in the United States, while the other two were of course the Old Rockefeller and Jr. Morgan.

George Fisher Baker shook the glass in his hand and shook his head. What else could it be? Apart from money, there is nothing in America that can make this king look down on it.

Don't blame George Fisher Baker for being so straightforward. In addition to being rich, in the United States now, Edel is really not something that Edel can look up to. It was not until after World War II that the United States became a symbol of the free world after absorbing European talent and technology. Of course, having money is also a very beautiful feeling, and it allows you to have many experiences. I believe that as long as there is no major economic crisis, even without World War II, the United States can catch up with old Europe in the field of technology and technology. It just takes a little longer, after all, no one will give money to make it through.

Old Baker's words made Jr. Morgan couldn't help thinking: If this is the case, maybe we can win the financial market of another European country.

This is not necessarily, this is a strong king.

Facing Old Baker's words, Little Morgan said with a smile. Maybe in other ways the king can be strong, but in the financial field this is our home. If the king really needs American capital, then he will definitely need us as an ally. Letting some interests to unite the allies, this is also the case. The basic common sense of a successful person, I believe this king will understand the rules of America.

Little Morgan's self-confidence can even be said to be arrogant, and it did not arouse old Baker's rebuttal at all. Because the current US financial market is indeed like what J.P. Morgan said, without the cooperation of the Morgan consortium, Edel's trip to the United States will be greatly eclipsed.

It should be known that the Morgan Alliance and the Morgan family are collectively referred to as the Morgan Alliance. In the Morgan alliance, the chain leadership of the board of directors is carried out with the Morgan company as the axis, and the main financial institutions with less than large financial capital and more than 200,000 are connected with each other, thus forming a huge and well-organized Morgan system.

This financial group accounts for 33% of the financial capital of the United States, with a total value of nearly 20 billion US dollars! There is an additional $12.5 billion in insurance assets, accounting for 65% of the U.S. insurance industry. In terms of production, among the 35 major companies in the United States, there are 47 directors of Morgan Company, including U.S. Steel, General Motors, Kenneg Special Copper Company, Texas Gulf Sulfur Company, Continental Oil Company, and General Electric Company. Morgan's infiltration into the railroad industry is well known.

At the same time, it also owns ITT, American cable, postal cable, AT\u0026amp;T and so on in the direction of communication industry. The Morgan Alliance has total assets of US$51 billion, and its subsidiaries include major trust companies such as Yanakda Copper Mountain, Westinghouse Electric, and United Metal Carbide.

Adding all of the above, adding up all total assets, and deducting duplicates, the pre-panic Morgan system had a total capital of $74 billion, equivalent to 1/4 of all corporate capital in the United States. 167 directors came out of Morgan \u0026 Co., Controlling the entire Morgan system and executing the instructions issued by Morgan on Wall Street, what a hegemony!

As the helm of this huge financial system, JPMorgan can be said to be a leader in the financial market. Even apart from a few major powers, other countries will not be in his eyes.

And Romania is barely regarded as a new power, and naturally entered the eyes of Jr. Morgan.