Wall Street of the third generation chaebol
Chapter 97
< Worst number. (3) >
“Morgan, you removed the name of the Empire of Japan from your international futures market.”
Waldorf-Astoria Hotel.
In the special room, Chairman Rockefeller and Chairman Morgan were talking face to face. Chairman Rockefeller tapped the table with his tuk-tuk finger, reflecting on Chairman Morgan’s heart.
“Is it because of Detroit?”
“Rockefeller, you still don’t know my style? Of course there is a reason. But the charm of the Japanese Empire itself has fallen to hell.”
President Morgan asked a cigar indifferently.
The futures market and the spot market are dinosaur battles between giant players. For example, steel trusts were holding the steel demand and iron ore mines holding the supply.
But are they the losers in the futures market?
that’s not again
Since a handful of large Wall Street banks were the brokers for players, the monopoly power of the futures and spot markets was held by the large banks.
The Japanese Empire was also special.
“International shipping companies lost the Japanese Empire to the news of the sale of Japanese shipping companies by the State Department, and the Japanese Empire is not a very attractive market for players in the futures spot market. There was also a warning from the US.”
“Actually, even the distance to transport is not easy. The Royal Dutch of the Netherlands also had to stop losing to the Japanese Empire.”
There is a huge market called Qing Dynasty next to it, and it’s okay to have Japan or not.
In addition, the US government made an open threat, but there were no strong hearts that dared to trade.
Abandon America and choose Japan?
There was absolutely no merit to cover the risk.
“The real thing that the Japanese Empire holds is rice. But they say that rice in East Asia is different from rice in Southeast Asia.”
“In the first place, due to the maritime blockade, logistics could not go back and forth, so there is no way that rice can be supplied.”
Rockefeller held up the teacup.
President Morgan laughed in vain.
“Yeah, it could have ended here. But you know what’s even worse? Detroit has another prank here.”
Philippine company.
This company really sucks.
no one thinks it’s weird
The Philippines was completely blocked by the US Navy, but this company proudly exports raw materials from the Philippines.
“It is said that only one Philippine company was granted a business license by the US Navy. In an instant, it became a dinosaur monopolizing 100% of Philippine trade. What’s next? Rockefeller. What would you do?”
The monopoly capitalist’s answer was fixed.
“…I’m going to annihilate the same industry by playing a game of chicken with my gigantic size.”
“Surprisingly, 40% of Southeast Asian trading companies were wiped out as a result. Filipino companies ate up all that.”
That sounds crazy.
But it was reality.
“But what does that have to do with the Japanese Empire?”
“The Philippine company monopolized 80% of the rice trade in Southeast Asia. In other words, there is no rice in the Japanese Empire.”
“so why?”
“Because that Filipino company is a Detroit company.”
“…!!!”
“Will you give rice to Japan?”
Rockefeller was thrilled.
How old was Detroit? Rockefeller recalled a time when he monopolized 80% of the U.S. oil market. At that time, he was going through middle age and into old age.
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Of course, the market size is different from that of the United States, but Detroit succeeded in 80% of the monopoly barrier at that young age.
The growth of the sponsor was filled with pride and chills at the same time.
“The Japanese Empire deserves to be expelled from the international trading market.”
“For three months during the U.S. naval blockade, the Japanese Empire is an unofficial but non-existent country. The State Department came to convince me, so I said coolly that I had already been expelled from the exchange.”
after….
Chairman Morgan exhaled a smoky smoke.
The thrill of expelling the Japanese Empire. He ousted the entire international economic network of those naughty monkeys who tried to assassinate Detroit.
“What….”
Chairman Morgan took his stance again.
“Rockefeller, I don’t think the reason you came to me was because of Detroit. Shall we move on to the main point?”
“I do.”
Chairman Rockefeller piled up a few copies of the report on the table as if he had been waiting. Various statistical figures such as analysis tables, accounting tables, and cargo volume were prepared.
“These are the reports I received from Archibald. This is a report summarizing the current flow of the coal and oil markets. Now, let’s talk about the chicken game here.”
A spear to pierce the Russian Empire.
It has been half a year since the British Empire released a large amount of oil and coal to the market through the Donbastan mine and the Baku oil field.
Petroleum and coal prices fell to the bottom, and Russia was drowning in a flood of deflation.
“Morgan. I came here because I thought you were the force holding down the price of petroleum and coal in the London, New York and Chicago futures markets.”
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Only JP Morgan Bank.
At least on this Wall Street.
“Did you take a short position?”
“Yeah, I did. But you know I’m not the only one. Rockefeller Are you deceiving me now?”
Futures are subordinated to the in-kind.
Even if you initially take a short position in the futures market, it will eventually converge to the spot price.
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Of course. This is because a futures contract is a contract that is opened in advance, but it is no longer any different from a spot contract when the expiration date approaches.
If so, it means that there are forces that are releasing the amount of spot coal oil.
“I’ve heard with my ears that Standard Oil’s entire stockpile of oil has been dumped into the market. The same goes for coal. That’s why international oil prices are converging to near $0.”
Russia screams.
The extent of the price drop is beyond imagination. The losers of international energy were pressing down on oil prices to converge to zero. As the spot price went down, deflation stepped on the accelerator pedal.
“Rockefeller, you’re awful too. If you push the price of oil down to $0, there’s no market player that can stand.
This is why the Royal Dutch locked the door.
The Southeast Asian oil field is large, but it is not as large as the Pennsylvania oil field or the Baku oil field.
I thought it wouldn’t last long anyway. There was no reason to pay $0 for oil like blood.
I’d rather go in the direction of stockpiling.
“Morgan, I didn’t come up with this plan after seeing the Royal Dutch. My immediate target is Texas oil companies.”
Texas hasn’t run out of oil yet.
But everyone in the oil industry knew that there was oil there.
spindle tower oilfield.
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Obviously there is, but I haven’t been able to upload it because I don’t have the technology yet.
The problem is that the technology to dig it up recently came out.
“The state of Texas was sabotaging the entry of Standard Oil. The Monopoly Trust is not going to let Texas oil eat.
Then it is clear what to do.
Yes, it’s like your own sponsor.
All you have to do is kill your opponent the way Detroit Morgan did to the Japanese Empire.
“Then you must kill me.”
John Davidson Rockefeller.
Standard Oil is still hungry.
***
“I heard that the Maizuru base in Kyoto was destroyed.”
U.S. Navy’s Pacific 7th Fleet.
The troop transport squadron, centered on the former Dreadnought-class flagship, entered Tokyo with an escort. Following 10,000 of the advance team, only 30,000 of the latecomers landed on the Japanese archipelago.
no more war
As the Japanese navy was destroyed, the Japanese waters were nothing more than empty houses. Without an amphibious operation, they started going in and out of our house like a bedroom.
The Japan Settlement Bank was quickly retaken.
“Yes, I heard that the submarine fleet did a great job.”
“When I was given the name of USS Nevada, I was skeptical, but it was literally Nevada. They sank Maizuru’s warships.”
“What is the Navy’s reaction?”
“He said he would kill me. Well, it can only carry two torpedoes at a time, but I was angry because it was loaded with a large number of torpedoes on a huge transport ship for submarine transport. .”
And I was facing Commander MacArthur at the new headquarters of the Japan Settlement Bank.
In fact, we have the Mitsui Bank building, so we designated this as the new headquarters.
It was a neoclassical style, perfectly suited to American sentiment, and as it was a bank building, it was as comfortable as coming to my house.
“The Naval Department of the main headquarters is annihilated.”
“There are no warships left in Japan. Reconnaissance units are now scanning the Japanese archipelago, but Admiral Dewey told me that there will be none.”
MacArthur honored Admiral Dewey.
I can’t help it. Admiral Dewey was appointed a naval marshal for this incident. It was the first time in the Navy to wear the rank of Marshal, and MacArthur was the first to wear the rank of Marshal.
This subtle hierarchical relationship was cooperating with the army and navy.
“The Japanese Expeditionary Force is made up of four corps of 10,000 each. One corps has been dispatched to Kyoto, one to Osaka. Two corps have arrived in Tokyo.”
“After all, Tokyo is the capital of the Meiji government.”
“That’s it.”
“What don’t the isolationists say about this? I’m not on the mainland, so I’m gloomy about this news.”
Most of the anti-war groups in the US mainland are isolationists. Be careful not to worry about the old continent and to live in the new continent.
Monroe Doctrine.
Although it was a declaration of conscience, the European powers in the Old World were also convinced.
Europe was already boiling like a gunpowder, and I couldn’t afford to worry about the new continent beyond the Atlantic Ocean.
Commander MacArthur scratched the ball.
“Isolationists were more excited.”
“…..?”
“An obvious fate.”
“ah.”
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Obvious fate.
The slogan of the isolationists who opened up the era of the Western Frontier. The isolationists were fundamentally pioneers of the frontier spirit.
Go west.
to the west and then to the west.
America’s expansionism is the reason why it was armed with a pioneering spirit rather than a colony.
A gold mine is exploding, do you dare to see a colony?
MacArthur shook his head.
“The Pacific is an extension of the obvious fate, and the Japanese archipelago deserves to be the rightful territory of the United States.
If there were imperialists in Europe.
There were isolationists in America.
The only difference between the titles of colonization and colonization is that Americans slaughtered Mexicans while slaughtering Mexicans were worse, but not weaker.
To the west…apparent fate…isolationism…
uh… uh…
Isn’t the Pacific Ocean our land?
This means that the logical structure has been established and the eyes have turned around. I got bored too and took the crane.
“It’s like they’re the ones who turn their eyes when it comes to pioneering Shinji.”
“The very Pacific Ocean is the right land of America, and they roar with blood around their necks. Japan is an island archipelago, so it is not an old continent or something. So, the State Department drew the Far East defense line by referring to this opinion.”
“Is this the Far East Defense Line?”
“This one.”
👌👌👌
MacArthur laid out a luxurious world map on a black iron desk. The Pacific Ocean lies in the middle of the map. A clear line was drawn in the Far East.
“The US Far East defense line is a huge line of defense that includes Japan, Taiwan, the Philippines, and the Pacific Islands. Even isolationists claim that the Pacific is a legitimate territory, but they don’t like getting entangled with the Old Continent even if they die.”
“The territory including the Far Eastern Limit Line is all islands.”
This is the perfect Acheson line.
If Taiwan is included or the small parts are removed, the intention to avoid direct interference in the Old World is read.
It’s a sign of isolationism.
“The Joseon Dynasty has escaped exquisitely.”
“Isn’t it attached to the continent? The State Department cut the old continent like a knife. It’s a situation that strongly nailed it to not deploying the military unless its own people are threatened. Isn’t isolationism all like that?”
In short, it’s a show.
For European powers, the performance that we have no interest in the Old World and will eat it alone in the Pacific and Americas.
The United States is a neutral country.
‘I don’t bite’ was appealing to the State Department with a twist.
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Of course, it’s been a long time since I’ve given up on my conscience in the part of devouring the vast new continent and Pacific Ocean, but it works again.
Because the Pacific Ocean was so far and vast like a new continent, it was the most difficult area for European powers to physically project force.
It was also the reason why the United States was able to eat the Philippines in the original history.
“Russia, Germany, and the UK will rise like a dog the moment the US touches Joseon. Japan is an island, so it can be ignored, but it’s a different story if it’s a continent.”
“That’s correct. That’s the State Department’s intent.”
It is not easy for the US federal government to ignore the opinion of isolationists. However, it wasn’t too bad because he could step out at any time as long as it was a threat to his own people.
It only stopped military activities, not economic activities.
“Well, in Japan, you can cook to your heart’s content.”
win-
MacArthur lit a cigar.
“You’re even better than that.”
“Yes?”
“It’s the first time in my life I’ve seen such a vicious operation as a hostage play and a Qingya operation.”
“ah.”
Upon landing, the Americans set up a defense line on the factory.
I dug a trench and picked up a machine gun. But the direction of the gun was strange. I was heading towards the factory.
Why? The U.S. Army has no regrets.
The supply of American troops was already piled up, and the home country continued to send convoys.
After all, it’s a Japanese factory.
Even if it was all burned, only the Japanese were harmed. Dae Bon-young was well aware of this fact, and didn’t even dare to touch it.
touch it?
then burn it
Holding a supply ship and threatening with Qing-Ya tactics, only 10,000 Americans can deal with the main headquarters.
What if you lose it?
Does not matter.
After all, key precision machinery is not being shipped to Hong Kong. Even if you retake it, you can’t go back to the factory.
Tokyo industrial parks and industrial parks in other regions were taken hostage in this way.
The same goes for the Dojima Rice Exchange.
After all, Americans don’t eat rice.
Spam was piled up like a mountain, so even if all the rice was burned, the US military had nothing to do with it.
So, he is also a hostage to Qingya Tactics.
It was a hostage play, not a war.
The Americans were wondering what to do.
“Very vicious.”
“Haha, it’s bad for the main headquarters to protect even the mainland supply lines. No matter how much the Bank of Japan has conducted a full investigation of blue-chip companies across Japan, they have more information than us. This is the fault of the Japanese Cabinet.”
“Well, anyway.”
MacArthur pulled out a luxurious envelope from his pocket. It was a copy of something.
“Once I sent an ultimatum to Emperor Meiji.”
Literally an ultimatum.
If it wasn’t for all-out acceptance, it was an immediate devastating operation. The U.S. military burns everything down with Qingyao tactics and locks it up with a maritime blockade.
The Japanese archipelago returns to the Stone Age for one year.
It was literally a ultimatum that would cut off the last breath of the Japanese economy in case of dissatisfaction.
***
Tokyo.
Meiji Palace.
real reality.
Emperor Meiji was alone with the head of the Matsugata government. The emperor’s face was black and dead.
“It’s miserable.”
Farmers cannot farm.
The local people were trembling in fear, conscious of the rebellion of the Ikki.
The main headquarters lacked gunpowder and there was no rice left to give to the soldiers.
Taiwan’s Governor-General has stretched out on a maritime blockade.
The road to import rice from Joseon was also blocked.
Japanese troops stationed in Korea were isolated.
The garrison in Taiwan, Ryuku, Tsushima, and Hokkaido were all isolated and slowly dying.
Now I couldn’t even get any news.
The Japan Settlement Bank was shut down due to arson.
It’s been a long time since the factory complex was stopped by carrying and carrying major precision machines.
Due to the deferred payment, the company was barely maintaining its framework.
“The Japanese economy has stopped…”
“Yes, Your Majesty. If the maritime blockade continues like this for three months, the Japanese economy will go to hell.”
Massive unemployed people started pouring into the streets. The young people who returned to farming are surprised by the chaos in the countryside and return to the city.
The yen has been transformed into a tissue manipulation in the past.
Even when they tried to barter, there was an extremely short supply of rice as a substitute. There was nothing the Great Wall could do.
Both the real economy and the financial economy died.
What will happen to the Japanese economy if this continues for three months?
Even three months is scary, but the U.S. government announced through the State Department that it can be extended by a whopping one year.
“You know what I fear the most, Your Majesty?”
“…something. Instead of the captain.”
“The fact is that all these difficulties will be restored as soon as the US economic sanctions are lifted and the Japan Settlement Bank returns. Your Majesty.”
no.
Depending on U.S. policy, the boom could continue.
But the lieutenant colonel swallowed the back words.
Emperor Meiji knew what he meant.
The commander-in-chief’s words.
The Japanese economy was completely subordinated to the United States.
If America doesn’t do what it says, the country will collapse. But if America does what it says, the country prospers.
what this…..
“Isn’t this what colony there is!!!”
bang-!
Emperor Meiji roared.
It seemed like the other day that Jeonghan-Ron was sweeping the Imperial Diet, but the truth is that we were a colony of the United States?
Emperor Meiji could never accept it.
is the Japanese Empire.
We are the Japanese Empire.
Taiwan, Ryukyu, Hokkaido, Chosun, and Tsushima all belong to the Japanese Empire.
The work on Joseon is less than 5 years away, but what kind of incident is this?
Japan Empire?
A loser in East Asia?
are we saying
Mac was blown away.
“Were not…were not even great powers.”
Juruk.
Hot tears flowed down the cheeks of Emperor Meiji. Blood-red tears dripped down the floor. It had never been such a humiliating moment.
angry
thud.
At that moment, the door to the dorm room opened hurriedly.
“I’m sorry, Your Majesty. I just received an ultimatum from US Command.”
The minister of the palace bowed and handed the envelope of the ultimatum to Emperor Meiji. The emperor handed it over with a heavier expression on his face.
laughter came out.
“It’s an ultimatum. The US hasn’t even considered war yet.”
“Your Majesty. Let’s open it up. We’ll look at it together.”
“…I do.”
tuk.
Emperor Meiji broke the seal with his sword. The stiff white high-quality paper fell off by hand.
As I carefully unfolded it along the folded angle, the contents of the ultimatum caught my eye.
Emperor Meiji opened his eyes.
“Your Majesty. Why are you-.”
“Ultimate Notice Section 1.”
In response to Emperor Meiji’s recitation, the lieutenant general quietly bowed his head. The Emperor read the ultimatum with trembling lips.
“…The Empire of Japan disbands its main headquarters and disbands its military.”
< Worst number. (3) > end
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