The journey starts from the Titanic

For example, if you made a lot of money last month, it will be spent immediately next month, and it will be poured out like running water.

Maybe this is the more you earn, the more you spend, and then the more you earn... it goes on endlessly.

People are always like this, greed is endless.Sometimes we want a lot, and we may get a lot, but we have never been satisfied.

So when Situ Nan heard Andrew's invitation to partner with him, he hesitated.

He thought for a while and decided to accept Andrew's kindness.

"Then I will subscribe for a share of 5 million U.S. dollars! You know, Andrew, as you said, the stall is spread, and money is needed everywhere!" Situ Nan said.

"Understanding, understanding." Andrew smiled, and the task was completed 1/4 in one go. He was very satisfied with the result. As for the remaining 15 million US dollars, he could raise from elsewhere.

The Explosives Company’s cooperation matters were thus settled by Andrew and Situ Nan.

With Andrew's relationship with the government, the explosives factory will win enough orders.Moreover, it is January 1917. It may not be long before the explosives factory has been built, and the White House orders have flown over.

The money will certainly not be made less, but Situ Nan knows that this matter is led by the Mellon family, and the others just follow behind to have some soup.

After all, the strength of the Mellon family lies. They have been in Pittsburgh for several generations, and they are the first family in the Pittsburgh area with more than 100 million dollars!

Although the Carnegie family was also very popular, since Carnegie Steel was acquired by Morgan, the Carnegie family has withdrawn from the United States Steel Corporation.

Since then, the strength and influence of the Carnegie family are not as good as before, and the gap with the Mellon family has also widened.So the Mellon family is actually the first family in Pittsburgh and even Pennsylvania.

With such a big family, everything naturally goes smoother.The common point is that both black and white can be eaten.

In fact, shortly after the United States announced its entry into the war, Andrew, who had great powers, received a loan of US$192 million from the government for the construction of explosives factories.

In World War I, this explosive factory provided the US military with a large amount of gunpowder, which was a major guarantee for American victory.

After the war, the scale of this explosive factory was second only to the powder factory of the DuPont family, which Situ Nan did not expect.

Situ Nan regretted that he was not willing to invest a little more and take more shares, otherwise he would make more money.

Chapter 98

"By the way, Andrew, I have some good projects. I don't know if Mellon Bank can lend me an investment!"

Situ Nandao, he looked at Andrew blankly. He had just dug up 5 million U.S. dollars by this old guy. Situ Nan naturally wanted to find some "places", his advantage was not so good.

"Oh? What project?" Andrew asked with a smile.

I thought: "This kid, it's true. I just asked you for money, and when I turned around, you asked me for money. What is the reason?

However, this kid's investment vision has always been good, and his investment has always been very profitable. In this regard, Andrew still has some research on Situ Nan's family history.So he wanted to know what is the good project Situ Nan said?

"Cars and electricity! Both are very profitable. But I will choose cars first." Situ Nan said.

"Cars and electricity are indeed promising." Andrew nodded.

I thought to myself: This seems to be known to the whole world, why am I still thinking about it?Andrew was a little disappointed, but his face showed nothing.

"How much are you going to invest?" Andrew asked next.

"At least 50 million U.S. dollars, 100 million is just right, the more the better!" Situ Nan said arrogantly, and he gestured with his arm, as if there were 100 million or tens of millions of dollars down.

"Yeah!" Andrew was taken aback for a moment, and he whispered in his heart: You kid really dare to boast about going to Haikou. With so much money, I might as well invest it myself. Why should I give you the opportunity?

But Andrew did not refuse Situ Nan, he said patiently, "This is an astronomical figure, are you serious?"

"Of course! But I still lack a partner. Why don't we work together again? Andrew, what do you say? I promise that this investment will not disappoint you."

Situ Nan's 50 million US dollars just said casually. If he wants him to use so much money to invest in cars, he still can't get it out?

Because he only has 50 or 60 million US dollars in liquidity in his hand, in addition to retaining a part of the emergency, he also plans to establish his own banking system.

This matter is imminent.Investment banking cannot be a trivial matter. It must be a big hit. Otherwise, there is no way to raise funds for your own business by establishing a big bank. Not much.

In this case, it is better to find someone to cooperate, so that it can also share the pressure of funds.The Mellon family is a very good target, and there is no shortage of strong financial contacts and skills.

At first, Situ Nan was a little bit eager to find a loan from Mellon Bank, but he thought that he was already in debt, and Andrew had some unkind behaviors that made Situ Nan a little jealous.

He doesn't want to borrow money from the Mellon family, of course, whether it can be borrowed is another matter.If the loan is changed to two cooperation, it is different again. Although the profit will be diluted, the victory will be stable.With the strength of the Mellon family, it is not too difficult to build a car.

Some people may ask, is it too stupid to rely solely on the financial resources of a single family when companies generally seek joint ventures, especially for large auto companies?

In fact, someone has actually done this before and done it very well. He is Henry Ford.

Historically, after the death of his partner, Henry Ford used all his financial resources to buy the other party’s shares in Fei Ford, and finally controlled all the shares of Ford in his own hands.

It can be said that this is a very unique person, so Situ Nan didn't even think about taking Ford as a younger brother, although from the financial point of view, Situ Nan could buy several Ford companies.

But in fact, no one can get Ford, and Ford belongs only to the Ford family.

Andrew could have seen it, Situ Nan originally wanted to borrow the East Wind of the Mellon family to invest in his own car company.

But according to his idea, the Mellon family did not suffer.It's just that investment in industries such as steel, coal, explosives, etc. makes money. Even if he knows that automobiles are a promising industry, Andrew never thought of investing in automobiles in the past.

After thinking about it, Andrew still doesn’t really want to enter an unfamiliar industry casually. He shook his head and said: “I admit, what you said makes sense, but the Mellon family’s main industries are still energy, steel, and banking. There is no plan. Enter the automotive industry.

Besides, now that investing in everything makes money, such as explosives, why bother to invest in cars?"

"However, the twentieth century will be an era when automobiles will be popular in the world. Nowadays, there are a large number of cars leaving the factory in the United States every day. The federal government and states are introducing plans to build roads. It is a pity to see these wasted money slip away. ?"

Situ Nan said bitterly.He was not only persuading Andrew, but also himself.

"Haha!" Andrew smiled and thought, this is a greedy guy!"There is no way to make money in this world. Besides, don't cars need fuel? The Mellon family already has an oil company, don't they also make money from the auto industry?"

"Yeah!" Situ Nan replied, he didn't think there was anything wrong with this greed.It's just a little frustrated that he couldn't convince Andrew.

Ok!Since the Mellon family quit, Situ Nan had to do it himself.Butcher Zhang is dead, but can't eat pigs with fur?

Originally, Situ Nan wanted to use the radical method to excite Andrew, because the DuPont family, also another big family in the United States, runs GM, the world's largest automobile company.(Shared with Morgan.) There is no reason for the Mellon family to let DuPont, who sells explosives, compare it to them, right?

This is a bit far-fetched, so would Andrew change his mind after being so provoked?

Situ Nan finally did not say anything.I thought I was really fascinated. Sitting in front of me was an old fox who had been crawling around in the mall all his life. These things don't need a junior to teach him how to do it.

Historically, the four pillar industries of the Mellon family were securities service industry, banking industry, petrochemical industry and shipbuilding and steel industry.

There is no auto industry, so this world is no exception.In fact, what Andrew said is quite reasonable. Think about it carefully. For the Mellon family, the industries they invest in will make money. This is a matter of choosing a direction.

"Okay! Andrew. Regarding the car, let's stop here." Situ Nan stopped the topic interestingly.

Due to financial constraints, Situ Nan wanted to create a car kingdom at once, but now it seems impossible.

However, Situ Nan would not let go of looking for things. He clenched his fists and looked firm. No one knew the importance of cars to this country better than him.