The journey starts from the Titanic

He is certainly not bragging. After more than half a year of hard work, Robles Securities has almost sold US Treasury bonds worth US$200 million, and there is no need to worry about selling the remaining 100 million.

After two years of development, Wall Street’s stock market has become increasingly prosperous. It turns out that more Westerners invest their funds in the financial market, and national debt is their best choice. Even banks in the Midwest have joined the ranks. Willing to cooperate with Robles Securities to sell U.S. Treasury bonds to farmers and small miners in the Midwest.

Moody's-Fitch also took the opportunity to raise the credit rating of Bethlehem United Steel Company from A to Aa. Its Moody-Fitch Financial Investment Consultants also strongly recommended Bethlehem United Steel shares to investors.

For a while, not only investors on Wall Street are rushing, but even major investment institutions want to get a little bit of the fat from Bethlehem United Steel.

They came to the door, expressing their willingness to underwrite the shares of Bethlehem United Steel. Robes also went smoothly. After changing hands, they sold one-third of about 300,000 shares of Bethlehem United Steel to Morgan, Citigroup and other big banks at a price of $15 per share. It made a net profit of more than two million US dollars in one fell swoop.

Joining this ranks are not only major investment banks, but also small and medium investors on Wall Street.Among them, a man named Henry Goldman often came to Robles Securities and expressed his willingness to underwrite the shares of Bethlehem United Steel.

Henry Goldman took over the industry from his father. His father Marcus Goldman was originally engaged in commercial paper transactions, buying merchants’ promissory notes at discounts along the street every day, and then selling them from the original on an agreed date. The merchant of the promissory note pays cash at the face value, and the difference is Marcus's income.

Seeing that the stock reimbursement business had a lot of money, Henry Goldman shifted the focus of his business to stock underwriting.He mainly buys a certain amount of stocks from large companies like Robles Securities and sells them to other investors in order to make profits.

One day, at Robles Securities on Wall Street, Robles entertained his old client Henry Goldman as usual.

"Robos, congratulations! Everyone on Wall Street knows that you have made a lot of money from the Bethlehem United Steel Company. You have to take care of us." Henry Goldman said enviously.

"Thank you. But your Goldman Sachs company is also pretty good. You have made a lot of underwriting stocks from us the past few times." Roberts laughed.

"Oh, it's incomparable with your Robles Securities? Watching you develop like a snowball, honestly, I feel a little jealous in my heart." Henry Goldman sighed.

Robles laughed and said nothing. He had never thought of today.However, Henry Goldman is an old customer, and Robles Securities will naturally have to take care of it.

"Don't worry! Henry, our friendship hasn't been for a day or two. Are you interested in a Bethlehem United Steel stock business?" Robes asked.

"Of course." Henry Goldman grasped Robes' hand tightly, feeling a little grateful.

This is not the first time Goldman Sachs has cooperated with Robles Securities. Their friendship dates back to 1914.At the beginning of the establishment of Robles Securities, an old man walked into the door of Robles Securities and said he was willing to enter into a small transaction with Robles Securities.The old man is Henry Goldman.

Enough attention was paid to this first customer, Robles, and the two parties quickly reached the first transaction.Although the amount is not large, Robes has a good impression of Henry Goldman.

Although today's Robles Securities is not what it used to be, it has become a top financial company on Wall Street, but it does not neglect old customers like Henry Goldman, and is willing to continue to maintain a good cooperative relationship with each other, and often make some good returns. The business is handed over to Goldman Sachs.

By the way, Goldman Sachs is just an inconspicuous little role on Wall Street. It is not a huge financial crocodile that will make waves all over the world in a hundred years, so it can only follow Robes Securities and mix some oil and water.

Regarding the cooperation between Robles Securities and Goldman Sachs, Stuart is not clear. He only heard Robes mention it later in the 29-year US stock market crash.

However, Goldman Sachs was already full of wings at that time. After Henry Goldman retired, the new successor Vedio Ketchins was ambitious and wanted to develop Goldman Sachs into a large investment bank. Therefore, it expanded aggressively and opened a new trust. One company after another, the scenery is endless for a while.

But God’s will could not help, and soon there was a stock market crash. As the saying goes, the higher you climb, the harder you fall. Goldman Sachs also fell and became worthless. Instead, it became a Wall Street joke.

But this is something to follow, press the table.

It is not only Goldman Sachs who cooperated with Robes Securities, but also a young banker named Joseph Kennedy.

After this guy took over a bank from his family, he did a good job of doing business. He had just married the daughter of the mayor of Boston two years ago, and his career has grown stronger.

After seeing the profitability of the stock and securities market, he also actively participated in it. Not long ago, he bought a large amount of U.S. Treasury bonds from Robles Securities. Now he is unwilling to do so, and he eats the $1 million Bethlehem United Steel in one breath. Shares.

After Situ Nan heard of the name, he immediately knew that the other party was the founder of the Kennedy family, but unfortunately he never met.

Chapter 128 Bethlehem Shipyard and Deputy Navy Roosevelt

After Eugene Fudged Grace took office, he immediately showed efficient action.He drastically made a series of adjustments to the structure of the Bethlehem United Steel Company, dividing the Bethlehem United Steel Company into three major subsidiaries, namely Bethlehem Steel Company, Bethlehem Shipbuilding Company, and Bethlehem Arms Manufacturing Company.

At the same time, a company called Bethlehem Financial Investment was established specifically to provide financial services to enterprises in the Bethlehem system.

Steel and shipbuilding are the two major businesses of Bethlehem United Steel Company. In particular, the marine steel plates produced by Bethlehem Iron and Steel Company are widely used in the manufacture of warships. Bethlehem Shipbuilding Company has undoubtedly become the designated military factory of the US Navy.

From the beginning of the American Civil War, Bethlehem Shipbuilding Company began to manufacture iron-clad warships for the US Navy.After several decades, the Bethlehem Shipyard has grown stronger. From the original iron hull ship to today's steel battleship, the tonnage has also grown from tens of hundreds of tons to 20,000 to 30,000 tons today.

The shipbuilding base has also expanded from the original Vimanton in Delaware to Sparrow Point in Maryland, Quincy, Quincy in Massachusetts, Elizabeth in New Jersey and other major eastern ports.

The expansion of the U.S. Navy's power over the past few decades has been silently supported by a group of backbone companies like Berkeley Shipyard.The Navy's order also stimulated the Berkeley Shipyard to grow stronger.

Bethlehem Shipbuilding Company is one of the best shipbuilding companies in the United States. It not only produces various tonnage commercial ships, but also warships.

In particular, the Sparrow Point Shipyard in Maryland and the Qianhe Shipyard in Quincy, Massachusetts are the production bases for US Navy warships.

Battleships as large as 10,000 tons, as small as various destroyers, torpedo ships, submarine hunters, etc., are everything.And his brother company Berkeley Arms Manufacturing Company also produces artillery, artillery shells, torpedoes and other weapons and ammunition for warships. The entire Bethlehem United Steel Company employs more than 20,000 workers, which is second only to U.S. Steel, Standard Oil, and United Railroad. , Ford Motor and a few other giants.

It can be said that Bethlehem is a joint military-industrial organization with complete types, division of labor, and tight organization, integrating steel smelting, machinery manufacturing, and weapons production into a complete industrial chain for one day and efficient production.

...

Last year, in 1916, the US Congress passed the recent "Navy Act", planning to build four 32,000-ton, 16-inch cannon battleships within three years, namely the Colorado, West Virginia, Maryland and Washington.

In addition, there are 165 warships of the size of battlecruisers, destroyers, submarines, etc., with a total value of 500 million U.S. dollars, in order to defend America's maritime power status.

However, since the Battle of Jutland, Germany’s high seas fleet has been abandoned and can only stay in the harbor to bask in the sun. The battleships of the Royal Navy have also suffered heavy losses. Therefore, the task of building battleships in the United States is not so urgent. The major shipyards can Slightly slowed down the construction speed of the battleship.

However, the submarine war launched by the German Navy made the Americans feel terrified. Seeing that the unparalleled British shipping was bloodied by German submarines, Americans who empathized with it became pragmatic.

In order to cope with German submarines, the U.S. Navy had to learn from the United Kingdom to establish an escort system. A large number of destroyers were needed to escort the fleet. Therefore, the demand for destroyers became more urgent. The U.S. Department of the Navy urgently planned to increase the construction of 270 destroyers.

A large number of orders for warships were piled up at major shipyards, and a quarter of orders for destroyers went to Bethlehem Shipbuilding Corporation.

In fact, the Germans surrendered after only one-third of these orders were completed, and the rest was cancelled by the US government. This made American arms dealers hate the Germans for being too casual, causing them to lose a lot of business in vain. .

However, apart from Situ Nan, no one can think so far. The current situation is that the major shipyards are busy with orders stimulated by the war.

The merger of Bethlehem Steel and California Steel also alarmed the US government.The Admiralty was afraid that it would affect the production progress of the warships. Their representatives squatted at the Quedian Shipyard and Qianhe Shipyard every day to meticulously supervise the production of warships.

Not long after the merger of Bethlehem Steel and California Steel Company, the shipbuilding company below received a visit to the former River Shipyard in Massachusetts by Deputy Chief of the Navy Roosevelt. He, on behalf of the Navy, inspected the production of warships at the Bethlehem Shipyard.

This is a major event. The Bethlehem Shipbuilding Company dared not care about it. For fear of something that would offend the God of Wealth from the Admiralty, even the president of the head office Eugene Fudged Grasse had to come forward to welcome it.

Originally there was nothing wrong with Situ Nan, but when I heard the name of Deputy Navy Roosevelt by chance, I wondered if this was not Franklin Roosevelt?

It looks like that guy had been an executive of the Navy Department before he became president.It should be him!Situ Nan suddenly felt an urge to meet this celebrity, so he also ran to join in the fun.

"Mr. Roosevelt, you see, the front is the Wicks-class destroyer built by our shipyard. His hull is almost complete. It will be launched in two months after the weapons are installed."

As a group of people crowded into the slipway, Eugene Fudgedgrass said, pointing to a slender battleship with four chimneys on the slipway and said: "The Wicks-class destroyer has a full displacement of 1154 tons; it is 96 meters long. It has a total width of 9 meters, a draft of 2.6 meters, and a slender body. It can carry 149 crew members; it has 4 single-barrel guns with a caliber of 4 inches and two torpedo tubes.

The most important thing is that this destroyer runs very fast, up to 35 knots. Once the German submarine hits it, it will never escape.The two depth charge launchers on the Wicks-class destroyer must have kept the water from running around.

Free trade in the United States of America is absolutely not allowed to be destroyed by the brutal Germans, and our Bethlehem United Steel Company is the greatest force to protect the principle of freedom from interference."

Eugene Fudgedgrass finished speaking and squeezed his fist, as if under his movement, the German submarine was blown over the Atlantic Ocean by his fist.

Eugene is indeed one of the best arms dealers in World War II!

Like Eugene, all arms dealers are flexible and talkative. Even cruel weapons in their mouths become a weapon to defend democracy and freedom.

Situ Nan stood by and watched Eugene's wonderful promotion of the warships on the dock. He felt very satisfied. The helm of the Bethlehem United Steel Company was finally selected.