Wall Street of the third generation chaebol
Chapter 137
< A little dream. (2) >
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Recognize the negotiating rights of Plenipotentiary Wan-yong Lee on foreign debt of 30 million dollars. The imperial family of the Korean Empire also acknowledged this and, according to His Majesty’s teachings, accepted the transaction with major domestic interests.
Prevent the situation in which the authority and authority of the imperial family of the Korean Empire is infringed by external forces.
– Negotiations outside the Korean Empire
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“after…..”
Korean Legation in the US.
Before heading to the Federal Reserve to negotiate with Detroit Fed Chairman Lee Wan-yong,
I calmed down and looked at the script and materials for negotiations in front of the mirror.
So far, his intentions have been fulfilled.
“Even under this circumstance, prevent the imperial family’s authority and authority from being compromised, you’re still the same.”
In fact, the emperor’s efforts to maintain the tyranny of the Korean Empire imperial family felt even ugly.
Lee Wan-yong gradually began to feel disillusioned with his country, and he was being influenced by the splendid scenery of the United States.
The backward Korean Empire.
Advanced United States of America.
With the contrast so clear, something about the motherland was gradually getting worn out.
“It wouldn’t be bad to just sell the tickets and live in the United States with slush funds.”
The imperial family of the Korean Empire also thought that if this situation was successfully completed, the level of slush fund creation would be overlooked.
“Should I go to California because racism in the eastern United States like Washington DC or New York is so severe?”
American Dream.
Lee Wan-yong drank kimchi soup once, but it quickly stopped.
The person Lee Wan-yong now has to deal with was the son of the New York finance king, J.P. Morgan, and the highest-ranking person who served as chairman of the Federal Reserve, the central bank of the United States.
There was no time to contemplate.
As he also served as the chairman of the Central Bank of Japan, he was in fact a figure in control of the economies of both countries.
“If the Japanese Empire sank and even devoured the central bank, to what extent should we measure its power?”
The Korean Empire did not have an institution that could be called a central bank, so it was frustrating.
In fact, it is safe to say that the current situation of the Korean Empire, where the ideology of sanong and industrialism is still taking root, is almost complete ignorance in the economic and financial sectors.
Compared to the US?
Finance was almost non-existent.
“I’m going crazy.”
In fact, Lee Wan-yong flew to the United States without fully understanding the economic situation of the Korean Empire.
In the first place, the economic field was nothing more than a wasteland for the Korean Empire.
“Umm…”
To be honest, if I asked him if he knew anything about finance, he would have been embarrassed to brag about it in front of Americans.
Lee Wan-yong ruffled his hair.
“I have to go to negotiate with the head of American finance now…!”
How will the Federal Reserve evaluate the Korean Empire? Well-being and peace for the Korean Empire were no longer in my mind.
However, his only halo was the plenipotentiary ambassador of the Korean Empire, so the prestige of the Korean Empire will soon be reflected as his prestige.
“The fortunate thing is that I have the right to sell this ticket.”
The scale is too large.
Although he is the plenipotentiary, he had to contact his home country when the foreign debt of 30 million dollars occurred.
Since the permission for the interest transaction had been lost, it was as if he had acquired an instrument of interest in the Korean Empire.
“If you feed the Korean Empire imperial family some back money, I’ll be able to fill my slush fund.”
The cabinet of the Korean Empire was full of people who abandoned the country and thought only of their own well-being.
It was easy to fry them.
“If it is a mining right, a deforestation bond, or a railroad right, it is clear that no matter how much American financiers are, they will salivate at them.”
How much should I sell one railroad pass for?
In 1898, the right to lay the Gyeongin Line was sold to Japan for approximately $800,000. It was returned to Japan after the defeat of Japan.
“Yeah, let’s call it a million dollars hard. Negotiation is about calling louder and lowering it.”
If you sell just one railroad right, 1/30 of your $30 million debt can be settled at once.
However, since it may be underrated, the minimum limit was set at $800,000.
They do not sell below 800,000.
“Okay, the rough strategy should go like this.”
Lee Wan-yong finished his preparations and headed towards the Federal Reserve.
***
Federal Reserve System.
“A million dollars for a railroad right?”
It’s cheap.
That was my first impression.
Coca-Cola’s quarterly dividend is also coming out by $1 million these days, but isn’t that the amount that can be paid with that quarterly dividend?
However, Lee Wan-yong seems to think differently.
“Chairman, $1 million for a railroad pass is not expensive at all.”
That’s right.
I think so too.
“The Korean Empire’s right to lay the railroad can be used as a strategic point to prepare a bridgehead to advance to the continent, so it can be said that it was even lowered by $1 million.”
right.
You’re singing very low right now. That’s a million dollars.
When I didn’t respond, Wan Yong’s speaking speed got a little faster, probably a little more urgent.
“However, considering the friendly relationship between your country and the Korean Empire, we are willing to accept even if the transaction is about 900,000 dollars, deducted from 1 million dollars.”
You want to cut more here?
No, it’s just a bridgehead to advance to the continent with your mouth, but you’re going to cut it from $1 million again?
‘It gets dizzy.’
As my expression grew harsher, Lee Wan-yong approached and began to spit in a more reddish tone.
“If you think that $9,900 is unreasonable, 800,000! We can never lower it below $800,000. If you add additional items, we are willing to accept it as $800,000.”
I’ve been slashed by another $100,000.
I buried my miserable feelings deep in my heart and began to awaken the emotions of Wall Street capital.
I stayed still, but the flow seems to have already passed to me.
‘great. The financial sense of the Korean Empire is like this. The understanding has been completed.’
I put my fingers together.
“Wan Yong-Li, to correct one thing, we never asked for the right to lay the railroad as a right, but I said that Morgan-affiliated banks have a debt of 30 million dollars, and we should talk about the interest to fill it.”
“So we laid the railroad…”
“The request.”
I lowered my voice.
As a Western skeleton, I pressed Lee Wan-yong with a difference in physique and made the atmosphere heavy.
he took a breath
“We do the request. You just have to say whether you agree or not. Do you understand?”
“Yes.”
Lee Wan-yong’s eyes lit up with an angled posture, and he began to stare intently at my lips, showing his will not to miss a single word.
Now I’m ready to ‘negotiate’.
“good.”
palak.
I handed over the papers.
“First of all, I think we should discuss the improvement of the business environment in the Korean Empire. To repay 30 million dollars of debt, there is no way to get enough interest.”
If you pass this right in moderation, the private company will manage and supervise it. If you hand over 30 million dollars worth of money in bulk, the Korean Empire will need administrative processing.
However, the current situation of the Korean Empire could not be called a good environment even with lies.
“Let’s start with religious freedom.”
First.
Let’s create an environment in which to do business.
This was already nothing more or less than a negotiation for a bailout for me.
***
The Korean Empire is a typical tyrannical monarchy.
A monarchy where everything is done under the rule of a king. There is a cabinet, but under the intervention of King Gojong, the king’s command power can control the executive branch.
If we dare to turn this into a risk, it can be said that all businesses can be overthrown with the breath of one person.
then.
First, this tyranny must be shaken.
“I propose to proclaim freedom of religion to the monarch of your country.”
The best way to shake the tyranny.
It is religion.
It’s not just a religion, it’s a religion that contains the ‘ideology of equality’.
Are all things equal under God?
Lee Wan-yong tilted his head.
“Is… freedom of religion?”
“Yes. This is the prerequisite we offer to pay off our $30 million debt. If you want our help, you have to accept it.”
Lee Wan-yong was looking at me with a blank expression that he did not know that such a condition would come out.
I added a word.
“I know that your return is already close to the state of freedom of religion. The imperial family is not oppressing Christianity or Catholicism.”
In fact, in 1904, a treaty with France was signed and the state allowed freedom of missionary work.
“It is a matter for the monarch of your country to declare.”
It is not oppression, but it is not complete religious freedom.
It is a kind of social phenomenon that takes place slowly within the implicit rules.
I want to advance more aggressively and quickly.
“American businessmen attend church services and go to work armed with a Protestant spirit. It is quite far from the Confucian climate of your country.”
“That’s right.”
“Yes, American entrepreneurs need to have an environment where they can worship in church, and that has some impact on their business and sales.”
It’s not a lie.
Americans’ Protestant spirit operates as a mechanism of conservative thinking that is mentioned in the P of WASP.
Their moralism stems from the Protestant spirit.
“$30 million. If a large railroad laying right is $1 million, it will be filled with about 30 large and large interest rights, which means that we Americans need to actively intervene.”
“Yeah… I guess.”
“Yes, it’s nothing fancy. I just want religious freedom to be officially guaranteed. Everyone has the right to believe in religion.”
After all, the Korean Empire will soon enter a time when religious freedom prevails.
Just ask for official permission.
This novel was posted at https://readwn.com
Only if you give me permission.
I plan to actively project the influence of religion on Joseon. Religious ‘attack’ to the extent that it feels like a massive projective power.
But this fact was swallowed up.
“Yes…..”
Lee Wan-yong looked at me with a complicated face.
“Let’s make a statement to the imperial family.”
“No. Please make your decision here. You are the plenipotentiary. I know you have the authority to handle such an agenda.”
“…Yes, I will.”
“thank you.”
I crossed the biggest gate.
The Korean Empire has become indifferent to missions anyway. It will pass soon.
Here, if you grant religious freedom, you should not approach it in a way that offers a reward. You seem to be up to something.
passed smoothly.
“Before we start negotiations in earnest, we would like to send the Smithsonian Geological Exploration Team to conduct geological surveys in your country. Is it possible?”
“Are you talking about surveying?”
This novel was posted at https://readwn.com
Once again, Lee Wan-yong’s expression became indescribable.
“Yeah, no matter how much I think about it, I know that most of the interests in your country have been sold overseas after the collapse of the government. Please help us find new ones.”
In short, it’s your dog’s fur, so if you give it permission, we’ll take care of it.
“There are enough mines and forests in our land…”
“Wan Yong Lee.”
widely.
stopped talking
“I’m sorry, but we make the offer.”
< A little dream. (2) > end
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