Chapter 26 Buy and Sell Land, Respect Freedom!
United States, Chicago.
Chicago at this time was just a desolate town.
And a young man from the European continent spent 200,000 US dollars to buy half of the town and the wasteland around the town.
This young man was immediately elected as the mayor of the town. The young man was also helpless. He was obviously an official of the Austrian Empire and was sent by Baron Brook to buy real estate for the empire.
As a result, he was inexplicably elected as the mayor of an American town, so he had to write a letter to Baron Brook of Austria to ask him to make a decision.
At the same time as this young man appeared in Boston, New York, Philadelphia and other places, the Austrian special officials responsible for purchasing land also attracted people's attention.
Someone recognized the young man who spent 1.5 million US dollars to buy land in New York. He was the nephew of Baron Brook, the special adviser to the Austrian emperor.
It is said that Baron Brook is the actual helmsman of the Austrian Empire's finances. More information is constantly being dug out, and the influence of the incident is getting bigger and bigger.
As the influence of the incident continues to expand, the identities of other people who bought land in large quantities have also been exposed one after another.
Among them are descendants of European nobles, descendants of big bankers, and descendants of the Sina family who once competed with the Rothschild family.
This is exactly what Baron Brooke wanted. He bought land for speculation.
Almost all bankers knew that the price of land in the United States was rising too fast, but they were optimistic about the US land market.
It's just that no one broke this window paper. What Baron Brooke had to do was to break it and let the wind in.
As he expected, after this incident, Americans also began to pay attention to the value of land and no longer easily sold their land.
What followed was a wave of following the trend, first in the United States, and then the news spread back to Europe, and capitalists came to hear the news.
At this time, the US government was also fueling the trend, launching a series of policies to attract foreign investment, and at the same time, due to the overheated economy, a large amount of paper money was issued.
Banks issued a large number of loans, and capitalists who speculated on land used land as collateral to continue to borrow from banks and buy more land, so the price of land naturally went straight up.
Although the inflow of precious metals into the United States did increase at this time, the amount of paper money issued was still far more than the upper limit that the United States could redeem.
Philadelphia, the headquarters of the Second Bank of the United States.
"Damn it! Andrew Jackson is a short-sighted guy, a bandit with a gun. We must print more money so that more Europeans can invest. When the time comes, facing the huge fiscal surplus, let's see what the bandit can say!"
The person who spoke was Nicholas Biddle, the president of the Second Bank of the United States, and Andrew Jackson, who was called a bandit by him, was the seventh president of the United States.
Since Andrew Jackson was a military man and became famous by plundering Indian land, he deserved the name of a bandit.
Biddle's resentment came from Andrew Jackson's refusal to extend the federal charter of the Second Bank of the United States and planned to close it.
Andrew Jackson once said to the then Vice President Martin Van Buren, "That damn bank is trying to kill me and the United States, but I will kill him first!"
Cutting off someone's financial resources is like killing his parents. The hatred between parents is irreconcilable, so Biddle naturally would not say anything good about Andrew Jackson.
In fact, Andrew Jackson was right. The Second Bank of the United States was indeed affecting the US economy, and it was moving in an uncontrollable direction.
In the early 19th century, the US federal government did not have its own central bank, so it did not issue paper money.
The federal government's money supply was limited to various coins, and paper money was issued by thousands of state-approved banks.
These banks were good and bad, ranging from completely reliable and reputable banks to outright scammers.
At this time, although the Second Bank of the United States of America performed the functions of the central bank, it believed in the so-called free economy and issued paper money crazily. In two years, the paper money issued increased the total amount of paper money by nearly 50%.
However, such crazy behavior was just the beginning of its destruction.
The headquarters of the Second Bank of the United States of America was completed in 1824. It was built in imitation of the Parthenon, which means the temple of finance.
However, it was this temple that witnessed the first real economic crisis in the United States.
In 1834, more than 30 million acres of land were sold (27.92 million acres in the same period in history), which will undoubtedly greatly ease the debt pressure of the United States.
And at this rate, the US fiscal surplus will be huge, and Andrew Jackson will have to apologize to Biddle for what he said.
Biddle was smoking a cigar and drinking red wine, looking at the busy crowd outside, and couldn't help but sneer.
"What a bunch of idiots, why don't you ask me to invest? Now there is no 100% profit, I am embarrassed to charge people for agency fees. Don't you think so? Mr. Martin."
"Mr. Biddle, you are right, your prediction is really accurate. The land you let me buy in Manitowoc, Wisconsin, has doubled in a week." Martin Van Buren was answering carefully.
The reason why he spoke so humbly to a speculator was entirely because he had a greater ideal.
Martin Van Buren didn't want money, but to become the next president of the United States.
It's just that Andrew Jackson was a hero in the war. Those who slander heroes are usually villains, and villains cannot become the president of the United States.
Therefore, there is no one more suitable to be the villain than the genius in front of him who received a doctorate from the University of Pennsylvania at the age of 13 and controlled the largest bank in the United States before the age of 30.
Biddle and Andrew Jackson attacked each other and both suffered losses. It was just a matter of time before he became the next president of the United States.
Biddle blew out a smoke ring, choking Martin Van Buren to cough repeatedly, and suddenly a sentence shocked him on the spot.
"Mr. Martin, what do you think about my running for the president of the United States?"
But without waiting for Martin Van Buren to answer, Biddle said to himself.
"That's too boring, don't you think? Mr. Martin."
Martin Van Buren was shocked and broke into a cold sweat, but reminded him without changing his expression.
"Andrew has never given up the idea of closing the Second Bank of the United States. If the Second Bank of the United States is closed, it will be a disaster for all freedom-loving Americans."
"Don't worry, I will make him admit that the Second Bank of the United States is the pride of the United States."
Martin Van Buren raised his glass.
"To freedom!"
Biddle extinguished his cigar on the table and picked up his glass.
"To freedom!"
Vienna, Schönbrunn Palace.
Talia was looking at Franz eagerly. Franz knew what she wanted, a French meal.
Franz took out a bag and took out a box of foie gras from it and handed it to Talia.
"Foie gras."
"Thank you, Archduke Franz. This is the first time I have eaten foie gras." Talia couldn't hide her joy.
Franz didn't like foie gras at all. It was too greasy.
In fact, Franz knew that Talia was not necessarily greedy, but just had a boring vanity.
So Franz brought back everything he could and let her eat as much as she wanted.
Brothers who didn't invest, please help me invest, thank you.
Thanks to the book friend s Yundong Bafang for the reward and Feiyun Tanyue for the monthly ticket, as well as the support of all the readers.