The journey starts from the Titanic

Knowing that the United States would eventually win the war, he was very assured of the repayment ability of the US government, so he ordered Robes Securities to eat a large amount of free bonds with discounts on these bonds.

Situ Nan put almost all the funds raised in the stock market into the bond business.At the end of April 1917, when the sales of the first batch of free bonds in the United States were not going well, the Robles Securities Company ate 10 million US dollars of free bonds with a surprisingly big appetite.

This greatly encouraged the officials of the Treasury Bureau.The goodwill of Robles Securities was quickly appreciated by the government.

Investing in the peach and repaying the merits. With the efforts of the public relations company, the Wartime Industry Bureau listed Bethlehem United Steel Company, Occidental Petroleum Company, Stony Food Company, Kodak Company and other well-known brand companies as key procurement units. The arms orders are slightly inclined to these companies of the William Consortium.

Although the shrewd wartime industrial director often kept prices low when doing business with the government, the number of orders has increased several times.The frontline requirements for logistics are greedy, and through small profits but quick turnover, major companies still make a lot of money.

In order to solve the problem of unsalable bonds, the Secretary of the Treasury William Gibbs McAdoo racked his brains!In order to thank Robes Securities for its kindness and to encourage Robes Securities to make persistent efforts, the assistant of the Secretary of the Treasury came to the William.

"This Mr. Nick Young from Washington, he is the representative of Gibbs McAdoo," Robles introduced. "This is Mr. Stoneny William, the owner of the ship."

Situ Nan looked at Nick Young, who had a bitter face. The top of the middle-aged man's head was already bright, and only the circle of his ears was left with some hair remaining stubbornly holding on, but looking at his hair. The sparse appearance made me worry that those few hairs might fall off at any time.

There was some sympathy in his heart, and Situ Nan went straight to the point and said: "Mr. Yang, I know what you are here. As a patriot, we at Robles Securities purchased a large number of free bonds in the first time and supported the government with practical actions. Action of justice.

But forgive us for our limited ability, 10 million US dollars is almost the limit of our company, and you know that the market for these free bonds is not very good now.

If there is no too convincing reason, it is difficult for us at Robles Securities to continue to purchase free bonds issued by the Ministry of Finance!"

Situ Nan looked embarrassed.On the William, he temporarily replaced Robles' role on behalf of him, negotiating with officials from the Washington Treasury Bureau.

Greedy banker!Nick Young cursed in his heart that if a large amount of funds cannot be raised in time, the government-led war plan will be delayed, so it is urgent to find a breakthrough.

The generosity of Robles Securities gave the officials of the Treasury Bureau hope, so Penick Young came to persuade the seniors of Robes Securities to buy more bonds.

Although he felt a little anxious, Nick Yang didn't show it on his face, instead he seemed to understand Situ Nan's difficulties.

When he came, Nick Young had already obtained authorization from his superior Treasurer William Gibbs McAdoo: In order to encourage Robes Securities to purchase free securities in large quantities, the Treasury Bureau can sell to Luo at a more favorable price. Perth Securities, but the volume must be large enough!This is related to the official career of the Secretary-General, so Nick Young, as a confidant, must make a beautiful first shot at Robles Securities.

A smart person knows everything.

After some politeness, the negotiation between the two sides went straight to the subject.

"If you give these free bonds a 7% discount, how much can you eat?" Nick Young was also direct, staring at Situ Nan for fear of missing any expression on the other side.

Situ Nan's face was still calm, thinking: The 5% off bonds purchased by Robles Securities were just tested by the Ministry of Finance, and the total amount was less than US$10 million.

Now that we are going to issue large-scale free bonds, it is obviously impossible to have such a price, otherwise the government will definitely lose money.

Nick Young offered a 30% discount. This number is neither high nor low. Situ Nan estimates that he can make a lot of money, which shows that the other party is quite sincere.

However, when doing business, you must pay attention to bargaining. Situ Nan still wants to fight for it again. Besides, the other party's offer is so refreshing, it would be too kind to not kill him?

"95% off, 100 million U.S. dollars!"

Situ Nan stretched out his index finger and raised it in front of Nick Young.

"What? One hundred million dollars!" Nick Young stood up in shock, staring at Situ Nan with bull eyes.

Just now this guy said that he would have indigestion after eating 10 million US dollars. Now he suddenly wants to increase this number to 100 million US dollars. How can Nick Young calm down?

You must know that the first batch of free bonds has been issued a month, and the total sold for less than US$50 million.

This is a bad start. Without the support of large consortia, the White House's war policy would be discounted.Unless military control is implemented, is this possible?

In fact, both the White House and Wall Street wanted to dominate the war in their own way, so there was a disagreement at the beginning, and it is certain that the two sides will compromise with each other in the end, but they have to compete with each other before that.

Situ Nan's move undoubtedly opened a gap in the work of the government. He immediately subscribed for one-third of the free bonds. What is this concept?

Nick Young felt that his heart was about to jump out. He swallowed and asked in a weak voice, "Mr. William, are you kidding me?"

Situ Nan smiled and said, "I'm really joking! It is impossible to buy government bonds with 100 million US dollars at once. I am talking about the total number. It is possible to invest in several times. After all, the government issued it. How come free bonds are more than just a few hundred million dollars at the beginning, right? Will they continue to be issued in the future?"

"That's true!" Nick Young nodded, calming down here.

Even if Situ Nan's 100 million U.S. dollars was invested several times, his mission this time could be accounted for.

After Nick Young calmed down a bit, Situ Nan suddenly "released a satellite", "If the Treasury Bureau can provide a preferential price, we can buy a one-time $50 million free bond. And I Think the 5% discount is very reasonable, Mr. Nick Young?"

Nick Young was first happy when he heard the $50 million figure, and then the 5% discount made him frown.

In just a few minutes, his mood went ups and downs several times. This has never happened before. How does it feel that this deep-eyed young man in front of him is playing with himself?

Nick Young looked at Situ Nan sadly. Fortunately, he had a good heart, otherwise ordinary people would not be able to bear such a tossing!

According to Nick Young's idea: In order to open up the current slow-sales situation of bonds, it is not too much to sell to Robles Securities at a price of 5% off. After all, the other party is a buyer, so you need a discount.

But in fact, Nick Young could not do this. The bureau offered him a 10% discount, but he could not persuade the officials of the supervision committee.

This is a huge business after all, far beyond Nick Young's authority.All kinds of people are staring at this free bond incident, and Nick Young's every move has also received attention.

If this is caught by political opponents, not only Nick Young and even his boss will be in trouble, so he does not want to risk losing his current fatness.

"Sir, this price is good for both parties, why not nod?" Situ Nan urged.

"Mr. William, it's not that I don't want it? It's because we have regulations. Our internal default price is 9-60%. Even if they plan to sell to Morgan, they are also at this price. So your offer makes me very embarrassed." Nick Young Explained.

"What am I going to do? It turned out to be this! So, let's still buy the second tranche of 50 million US dollars of free bonds at a price of 6% off, but you can't give less discount?"

"Huh?" Nick Young was stunned for a moment, his mind a little bit unable to keep up with Situ Nan's speed.

Seeing Nick Young's bright bald head a little confused, Situ Nan explained: "The discount is returned to us in the form of an arms order, you know!"

Situ Nan blinked, this kind of trick was very popular in his previous life.

"Oh!" Nick Young was reminded by Situ Nan when he woke up, and when it came to this, it would be boring to continue.

It is the War Industry Bureau that determines the arms orders. Although the Treasury Bureau cannot directly affect the business of the War Industry Bureau, most of the funds of the War Industry Bureau are raised by the Treasury Bureau. In this regard, the Treasury Bureau still has Great right to speak.

At that time, give a hint to the head of the Industrial Bureau, and it is probably no problem.Nick Young thought.

"Okay! But I have to go back and ask for instructions. I will inform you of the specifics." Nick Young said affirmatively.

However, Situ Nan believed that the other party would definitely agree, not why, because Morgan and the others have always wanted a lower discount, so they are temporarily stalemate with the Ministry of Finance.

Except for the small purchases of free bonds by Robles Securities, the banks on Wall Street have not taken much substantial action.

With so many people staring at him, Situ Nan did not expect Robes Securities to get too low a discount, so he thought of this roundabout way.

Using bonds to pay for war and military expenses has more room for manipulation than government taxes to pay for military expenses. After all, taxes are fixed, and every single cent is well documented. No one wants to do anything about it.

If it is a bond, it is different. Bonds can be traded, and the price changes.This not only satisfies the operational desires of investment institutions, but also can be used by government departments to carry out some undisclosed projects, such as intelligence.

Therefore, both the White House and Wall Street bosses like to participate in this war for world supremacy through war bonds.

"Mr. Nick Young, there is a suggestion regarding free bond sales."