super god warlord

Helen Keller turned her head, smiled at her teacher, and said, "Didn't Napoleon say that? Hualan is a sleeping lion, and it must not be awakened. Once Hualan is awakened, the world will be shaken. In our It seems that this sentence of Napoleon is about to be realized, and he is the one who will realize it."

"You are right. This young man is not simple. Do you think we should help him?" Miss Sullivan remembered what Zhao Shouhong had entrusted to him before leaving.

"Why not? At least we owe him a favor. When I go back, I will paint Hualan with the pen in my hand according to the agreement, and let the whole world know about it, as well as the miraculous medical skills in his hospital." Helen Keller His eyes lit up: "Of course, there are also the miraculous sound movies and the equally miraculous Sichuan opera. The face-changing is really amazing."

"Didn't Mr. Zhao say that? The sound film will appear in the White Eagle Kingdom soon, and then you will be able to see that magical Sichuan opera again." Miss Sullivan said with a smile.While the two of them were looking forward to their future life, the people from the White Eagle Country did not have the pleasure of watching movies.

Beginning in the late 19th century, when companies issued shares to finance railroads, manufacturing, and mining, the stock market on the New York Stock Exchange became an important part of the White Eagle State securities market. In 1886, the number of stocks traded on the New York Stock Exchange exceeded 100 million shares for the first time in a day.

1 Fifty Chapters Financial Turmoil

The establishment of the "Wall Street Journal" in 1889 marked the beginning of the era of stock trading in the White Eagle State stock market. Charles Dow began to publish a large number of articles about stock investment in the "Wall Street Journal". The Dow Jones Index was established in 1896. At this time, the price fluctuations in the stock market are not only of great significance to borrowers, investors and those who work in the stock market, but also become a barometer of the economic development and vitality of the White Eagle Country.

From 1895 to 1904, the first wave of mergers and acquisitions occurred in the White Eagle Country. Big industrialists and financiers joined forces to form industrial trusts.Since 1900, industrial stocks have become the main body of the stock market of the White Eagle Country, which marks a new stage in the development of the White Eagle Country stock market. In the same year, the White Eagle Country surpassed the United Kingdom and became the world's largest economic power.

In 1901, the White Eagle Iron and Steel Company was established. This was the first restructuring transaction involving more than US$10 billion. At that time, the GDP of the White Eagle State was only 200 billion. 7% of total economic output.

The prosperity and mergers of the real economy have led to the rise of the Wall Street financial industry. All the people in the White Eagle Country are surprised to find that there is such a way to make money without working hard, so many people start to invest their money in the stock market to make profits.

Some bankers and industrial owners began to use their huge funds to siphon money in the stock market, and at the same time bought other companies in the form of stocks to strengthen themselves.However, under the deformed prosperity are growing hidden dangers, and the financial market of White Eagle Country, which lacks financial supervision, has no ability to deal with such hidden dangers.

In the second spring of 1907, due to the annual agricultural financial cycle of the White Eagle Country, a large amount of funds were withdrawn.Although there was a bumper agricultural harvest in the western part of the White Eagle Country in 1906, the agricultural situation in 1907 did not seem to be that good.The bad harvest may affect the export of White Eagle Country, which in turn will cause difficulties for the company of White Eagle Country in financing in the Western Continent. The financial bigwigs soon began to worry about the availability of funds in London.

On May 5, the Commercial and Financial Chronicle reported a "violent decline" in some stocks and said that "the stock market remains worrisome", but these reports did not attract the attention of most investors at the time.Unlike most investors, some financiers with a keen sense of smell have already sensed that the crisis is approaching.

In June, Mr. Jack Morgan of Chase Bank telegraphed his London partners: "Everything is still gloomy here, the daily volume of the New York Stock Exchange is reduced, and it may not improve until the summer. However, an adjustment is necessary, and I think the economy should improve in the future, because the situation cannot be worse. But I am afraid that I will not wait for that day, or I have no idea when it will improve.”

Unfortunately, Morgan's words came true. In the summer of 1907, the capital market of the White Eagle Country encountered a major economic shock.In order to maintain the gold reserves, the Central Bank of Saar imposed a ban on the financial draft of the White Eagle Country, so that the White Eagle Country Company could not rely on loans to import gold from London.

By the end of the summer of 1907, the ban had reduced the turnover of White Eagle securities on the London market from $4 million to $3000 million.The substantial shrinkage in turnover means that it is difficult for debtors in the White Eagle Country to repay their debts by selling their securities.As a result, the gold originally imported into the White Eagle country suddenly flowed back to London, because the debtors of the White Eagle country could only use this to solve the problem of repayment.From May to August 1907, White Eagle's gold reserves fell by nearly 10%, a situation that further exacerbated White Eagle's liquidity crunch.

At the same time, the White Eagle Treasury Department has withdrawn $2000 million in deposits from the national banking system in order to cash some of the national debt due in July.Although from the perspective of the flow of funds across the country, this move has no impact on liquidity, but in fact these funds can only be drawn from major financial centers.Because under the influence of agricultural financing, the national banks in the agricultural area of ​​​​White Eagle Country hold only relatively small cash reserves.

In the middle of summer, the financial turmoil continued, with no sign of improvement. On June 6, New York City's new $28 million bond issuance plan was aborted, receiving only $900 million in bids, and the interest rate offered by these tax-free bonds was only 210%, which was clearly not enough.The government also wants to raise interest rates, but according to the law, municipal governments cannot give higher interest rates.

From June to September of 1907, the stock market fell another 6% in the atmosphere of capital shortage.That said, the stock market has actually lost 9% of its value over the first three quarters of the year.In this hot and long summer, the hearts of investors are cold.The negative impact of the decline in the stock market on economic investment is comparable to that of the plunge in March, and many people have begun to have a bad feeling.

To add insult to injury, on August 1907, 8, stupid Judge Kennesaw Mountain Landis fined Standard Oil $3 for violating the Regulations for obtaining rebates.

The judge's original intentions may be good, and his character is also very upright, but the impact of this penalty is beyond his expectations. This is not only because of the huge amount of fines, but also as a signal that this The move means that the federal government will spare no effort to increase corporate regulation.Taking this penalty as a signal, investors from all over the world began to lose confidence in economic investment. Many people no longer optimistic about the economy of the White Eagle Country. They withdrew their funds from the stock market one after another, causing a further shortage of capital.

At this time of financial turmoil, the government that was supposed to save the market did not move, because they were also unable to protect themselves. At the end of August 1907, the New York City government once again entered the bond market.Overdue debts are under pressure to repay, and the existing bonds have made the New York City government overwhelmed, and they are powerless to rescue the city.There are concerns that the government may have to lay off staff if it cannot raise the necessary funds.However, this year's financial market is experiencing a severe contraction, and the New York City government has reached the end of its rope.

Just when the New York City government was about to collapse, Morgan of Chase Bank made a decisive move. He helped sell government bonds in the Western Continent and succeeded.Finally, in this bond issuance, all the bonds were subscribed.

Thanks to Morgan's shot, the White Eagle stock market narrowly escaped a crisis. After the bond problem was resolved, the financial tycoon began to shift his attention to the field of natural resources, especially the copper mining industry.Blister copper volumes and prices fell sharply: from 1 hawk cents per pound on January 18 to 24 hawk cents per pound by the end of August.

Chapter 151 'Savvy' Hinds

The share prices of copper mining companies were also hit hard, with the index of these companies falling 1907% in the first three quarters of 41.The financial market in the White Eagle Country has not fundamentally improved. Despite Morgan's help, the bad luck continues.The real crisis came from a failed acquisition, and his executor was called Fritz Augustus Heinz.

Educated in Germany as a child, Heinz attended the Columbia School of Mines in New York City. In 1889, at the age of 20, Hinds moved to Butte, Montana, to pan for gold on the "richest mountain on earth".With the widespread application of electric lighting, copper, a metal, has gained a lot of room for development, so high-yield copper mines meant huge wealth at that time.

Hinds lived alone in a log cabin in Butte, where he worked as a mining engineer for the Boston-Montana Consolidated Copper and Silver Mining Company for two years, earning five eagle dollars a day for his work. In 1891, Heinz invented a smelting method suitable for independent small mining companies. It was at that time that he raised $30 in capital from New York and subsequently formed the Montana Ore Purchasing Company.

Scientifically trained, Hinds pioneered many advanced mining and smelting methods, and eventually he found a smarter way to make money in Butte.After founding the Montana Ore Sourcing Company, Hinds bought a number of properties owned by other companies near the rich copper mines.Heinz threatened to sue under Montana's controversial "vein capping law" if he discovered someone else's mine was on his property.

Under this act, the mine owner has the right to mine along the veins of his own property, even if the seam extends to the property of the neighbor without restriction; They can also sue for non-compliance.

To this end, Hinds hired 37 lawyers, and adopted injunctions and lawsuits to thwart other mining companies.At the time, there were 133 pending lawsuits between him and his competitors.For this reason, Heinz has gained a reputation as a shrewd and unscrupulous man, a strong character but a vile man.

Soon Heinz and Standard Oil took the lead again. It turned out that Henry Rogers and other executives of Standard Oil also saw the great prospect of unifying the western copper mining industry, so they invested 1898 million U.S. dollars in 500 to form the Uniform Copper Company.

After its establishment, the Consolidated Copper Mine Company suddenly discovered that on many of the properties it purchased, there would be people from Heinz asking them to prohibit mining in the name of the "Vine Top Act".However, Heinz not only refused to merge with the unified company, but also continued to fight Standard Oil in court with a kind of quixotic bravery.Of course, Unified Copper Company was not reconciled to bowing to the upstart, but instead sued Heinz for $250 million.

Rogers vowed to kill Hinds. He said: "Standard Oil's banner will never be lowered. Even if it costs tens of millions of dollars, I will let this guy get out of Montana." , His price is indeed tens of millions of dollars. In February 1906, after years of litigation, the beleaguered Consolidated Copper Company finally settled down, buying most of Heinz's estate for $2 million and letting him go. .

The 37-year-old Heinz received a huge amount of cash and even defeated the famous Standard Oil Company. Such a victory made him complacent, and soon he set his sights on Wall Street.After selling all his land in Montana, Hinds returned to his birthplace, New York, and decided to enter the financial industry.

With a huge amount of cash, Heinz quickly bought the Commercial National Bank of New York and became the bank's president in February 1907.Heinz, who then joined the circle of bankers, soon became a director of six national banks, twelve state banks, six trust companies, and four insurance companies.

At the same time, he also transferred most of his mining assets to the Consolidated Copper Company, a mining company he consolidated in 1902 out of tax avoidance.In addition, Heinz also opened a brokerage firm for his two brothers and bought them a seat on the New York Stock Exchange for nearly $[-]. So far, he has officially entered Wall Street.

The crisis came quietly at this time, as the financial market volatility generally declined throughout the summer of 1907. As interest rates rose and stock prices fell, the Heinz brothers began to worry about their assets in the United Copper Company. The shares of the company have been used to secure their positions in numerous financial institutions.In order to prop up the share price of Consolidated Copper, the Heinz brothers, who knew little about the financial industry, played a very dangerous game.They bought a large amount of the company's stock to guarantee market value, so they did margin trading through 20 Wall Street brokerage houses.

The overall decline in the stock market has caused investors to lose confidence, and a large amount of funds have flowed out of the stock market.Against such a background, the actions of the Heinz brothers are tantamount to manipulating the arm of a car.Soon they found that even with all their efforts, Consolidated Copper's market value was declining, and their funds began to dry up.

By October, Heinz found that there was no way to recover, and he had to announce that he had failed to manipulate the shares of the Consolidated Copper Company.Taking this failure of manipulation as an opportunity, Wall Street's financial decline was like a hole in a huge balloon, and it began to collapse uncontrollably.

In October 1907, when the White Eagle Bank crisis broke out, about half of New York's bank loans were mortgaged by high-interest-return trust investment companies and invested in high-risk stocks and bonds, and the entire financial market fell into a state of extreme speculation. , they simply do not have enough funds to deal with any huge financial turmoil.

The first was the lending to the Heinz Brothers, and the bank that did these market manipulations got run on and eventually had to declare bankruptcy.The subsequent panic triggered a run on many banks and trust companies in New York. Major financial institutions were unable to recover their large debts, and their capital chains were broken.A week later, the Knickerbocker Trust and Investment Company, the third largest trust company in New York City, announced its bankruptcy, causing the panic to spread rapidly and spread to the whole country.

Shen Ruoxue has been watching this financial turmoil with cold eyes. As early as the beginning of the year, she was keenly aware of the signs, and she immediately withdrew most of her funds from the financial market.When the New York City government had a bond crisis, Shen Ruoxue wanted to take action, but dealing with such things as national government agencies could easily arouse the government's resentment and threaten her future development.In addition, JPMorgan Chase quickly took action to quell the crisis, so Shen Ruoxue chose to hibernate.

Chapter 152 The Situation is Critical

The opportunity came again soon, and the Heinz brothers manipulated the shares of the United Copper Company, which gave Shen Ruoxue a new opportunity.She immediately mobilized her own funds, and with the help of many biochemical traders, relied on the technique of buying low and selling high, and made a lot of money from the Heinz brothers.

Afterwards, Shen Ruoxue began to enter the futures market, buying short of various bulk commodities, and at the same time manipulated gold trading to earn profits.Based on Shen Ruoxue and her financial team's hard work in the past year, the funds are close to [-] million eagle yuan, and this kind of operation is extremely smooth.

The famous president of Chase Bank, John Pierpon Morgan, was in a daze in his office. The sudden loss of control in the futures and stock markets caught him by surprise. He had planned to rescue the market, but he had not yet mobilized enough funds. Wall Street had changed. up.

Originally, according to Morgan's prediction, it would take some time for the stock market to fall, and he could mobilize funds calmly.With this period of time, the bubble in the financial market can also be squeezed out, allowing the economy to return to its original value.This will not only be more beneficial to the national economy, but also conducive to the stability of the financial market.What Morgan did not expect was that the turmoil in the financial market took the opportunity of the failure of the acquisition of United Copper Corporation, and suddenly plunged downward. Before he could react, the stock market had depreciated by more than [-]%, and the futures market was also in a mess.

Judging from his own experience, John Morgan is sure that someone is deliberately manipulating, and judging from the downward trend, the manipulator has a huge amount of funds, and he is launching in both the futures and stock markets at the same time, and is even manipulating gold transactions.

If you want to rescue the market, you must find out the source of this fund and stop it. Therefore, Morgan has mobilized all his intelligence forces, hoping to find the source of funds as soon as possible.However, what surprised him was that the funds were manipulated by small accounts, and it was impossible to distinguish which was the retail investor and which was the manipulator.In order to start saving the market as soon as possible, Morgan was forced to use his contacts in the government to seek the government's support in this regard.

After this round of stock market crash, the Federal Government of White Eagle State also saw the damage of the financial crisis to the national economy. They decided to actively cooperate with Morgan to find the source of this stock and attack it.The document placed on Morgan's desk at this time is the information obtained by using state power to investigate. This information shows that the source of funds actually points to the country of Saar and Wa.

Having the same headache as Morgan is the current President of the White Eagle Country, Theodore Roosevelt. This former army officer was the first war madman who led a team to land in Hana during the Spanish-American War. Now he is facing a very headache. The problem.The direction of the financial attack was found to be Saar and Wa, which gave Roosevelt a great sense of crisis.

In recent years, with the end of the Japanese War, the Saving Japanese Alliance has been greatly consolidated, and they are oppressing the strategic space of the White Eagle Kingdom from the east and the west.Although the financial attack this time was powerful, it was not enough to hurt the economy of the White Eagle Country. Roosevelt was more concerned about whether these secret operations were private actions of non-governmental organizations, or were they instigated by the state.Once this financial attack is a signal that the Savage Alliance is preparing to attack the White Eagle Country, the White Eagle Country, which has been in a state of peace, may face an unprecedented crisis.

Roosevelt thought of the shipbuilding supplementary bill just passed by Congress this year, and he couldn't help guessing that perhaps the White Eagle Kingdom's shipbuilding plan was too aggressive, making the Saar people feel threatened, which would cause the opponent's financial blockade.However, Roosevelt was not a timid person. Faced with the provocations of the two countries, his first thought was confrontation rather than compromise.Soon he signed a presidential decree, ordering the government to increase financial support for the Teutonic country, and at the same time began to look for agents in Hualan Raksha and other countries that could counter the Wa country.

Shen Ruoxue did not expect that her impromptu act of framing and blaming would make the White Eagle Kingdom more hostile to the Sa'er Kingdom and the Wa Kingdom, and also made her investment in the country smoother later.At this time, Shen Ruoxue was already very busy. She led her team and used the financial knowledge that was thousands of years beyond this era to crazily block the financial industry of White Eagle Country from making a lot of profits.In just half a month, Shen Ruoxue doubled her capital again.

John Morgan finally couldn't bear it anymore. If this continues, all the banking industry in the White Eagle Country will collapse, and Chase Bank cannot be immune to it alone.The complete collapse of the banking industry will cause a major economic collapse across the country, and the White Eagle Country may return to the era of the agricultural country again.

On October 10, stock market trading on the New York Stock Exchange was almost suspended, and Morgan appeared as a savior at this time.When the chairman of the New York Stock Exchange came to Morgan's office for help, he said in a trembling voice that if he could not raise $24 million by three o'clock in the afternoon, at least 2500 traders would go bankrupt, and he would do nothing but close the stock market. choose.

At two o'clock in the afternoon, Morgan held an emergency meeting of bankers. At this time, the huge financial potential of the White Eagle Kingdom was revealed, and the bankers raised enough money in just 6 minutes.Morgan immediately sent someone to the stock exchange to announce that the loan interest rate would be open to supply at 10%, and the exchange immediately burst into cheers.

But only one day later, the emergency relief funds were exhausted, interest rates skyrocketed again, and eight banks and trust companies collapsed one after another.Morgan immediately rushed to New York to clear the bank, requesting the issuance of notes as temporary currency to meet the severe cash shortage.

On Saturday, November 11, Morgan began his long-planned plan to "rescue" the Mooresley Company, which was still in turmoil.At this time, the company was on the verge of bankruptcy with a debt of 2 million US dollars, but it was the main creditor of the Tennessee Mining and Iron Company. If Mooresley was forced to go bankrupt, the New York stock market would completely collapse, and the consequences would be disastrous.