Chapter 62: America's First Generation of Industrialists
Bank of America's Sacramento branch is one of the few masonry buildings in Sacramento, and it is also the most solid building in Sacramento. Google Search Reading
After everyone reluctantly left the bank vault, Liang Yao received them in the VIP room on the second floor of Bank of America's Sacramento branch.
In the past, only customers who had more than 800 ounces of gold in Bank of America were eligible to enter the VIP room on the second floor.
In the eyes of Vanderbilt and others, the decoration of Bank of America's VIP room was not luxurious, and compared with the major banks in the East, it could even be said to be a bit simple and shabby.
But the amount of business they discussed here today was enough to eclipse any major bank in the United States.
Perhaps this will also become the largest transaction in the history of the founding of the United States.
Everyone in the VIP room had their own thoughts.
Vanderbilt wanted to use California's gold to defeat those annoying competitors on the sea and canals, open up his own railway empire, and at the same time make up for the huge losses caused by the stock market downturn in recent years.
Jeremiah Simonson, a shipbuilding expert who had been silent all the way and played the role of a quiet listener, hoped to obtain enough gold to develop new shipbuilding technology and expand the scale of the shipyard.
The idea of steam engine manufacturer Theodore Secor was similar to Simonson. He hoped to obtain gold to improve the existing steam engine, in order to narrow the gap with the British in the field of steam engines, so that his steam engine could be exported to Europe and compete with the British steam engine in the international market.
Although the industry in the United States had started in 1850, the industrial products made in the United States were still synonymous with low-end and inferior in the international market. Not to mention competing with Britain, even France could not compete.
The reason why these newly started manufacturing industries in the United States can survive is also due to the trade protection policy of the federal government, which has increased import tariffs and excluded a large number of British and French industrial products.
If there is a high-end industrial product that can beat Britain in the European market, such as a steam engine, it will not only make money, but also be a very proud thing for America. Even the citizens of the whole country will be proud of him.
The future belongs to the era of steam machinery. Steam engines are needed in many places such as steamships, trains, and factories. He doesn't want to lag behind others in this regard.
If Secor gets enough gold, he can expand the scale of the steam engine factory, build more new factories, hire more workers, and produce more steam engines.
Fan Daze is the most ordinary one among these people. He runs a grocery store, but he runs more grocery stores. In terms of financial resources, he is far less than the others present.
Fan Daze's idea is also very simple, that is, to open more grocery stores in more cities.
As for Connie, he is the most absent-minded one. He just sits on the sofa and leisurely drinks tea and whistles, and does not forget to tease the young female employee who serves tea and water.
"The gold in California is enough to change America and even change the world pattern. Although I now have the most gold in California and the largest and richest gold producing area, I am willing to share my gold with you who are here, and the heroes who will change the future of America."
Liang Yao now urgently hopes to convert the gold in his hands into real industry, otherwise the gold in his hands will not mean much to him.
Liang Yao also had the idea of cooperating with the eastern nobles and tycoons to share the California gold. This ridiculous idea only flashed through his mind.
Those self-proclaimed nobles were unwilling to accept Vanderbilt, a Dutch white tycoon, so how could they accept him, a Chinese tycoon of a different skin color?
The people in the VIP room began to discuss enthusiastically.
Obviously, they have a strong interest in gold.
But they also know the cost of doing so.
"If we do this, we will be enemies with those famous tycoons in the east, who have coveted California gold for a long time."
Simonson is a more cautious person. Although gold is tempting, it costs a lot to get it.
The purpose of his trip is to investigate California. If it is suitable, he will open a new shipyard in California and undertake some ship maintenance business.
There are many merchant ships traveling to and from California every day, and as far as he knows, only Liang Yao's San Francisco shipyard in California has the ability to repair small steamships.
His shipyard will be very useful here and will help him to grab huge wealth. Getting involved in the gold industry was not part of Simonson's plan.
"Simonson, I admit that what you said makes sense. But even if we don't get involved in California's gold, will those arrogant guys be friends with us? Have you forgotten how they embarrassed you at your son's wedding last year?"
As the saying goes, the barefoot are not afraid of the shoes, and Vandazer is such a person.
Anyway, he doesn't have much industry, and getting involved in California's gold is a rare opportunity for him, and he doesn't want to miss the opportunity.
"And the wedding of Louise and Clark two years ago, my old friend, have you forgotten it? They directly ignored your invitation, and no one came to Louise and Clark's wedding to give the two newlyweds sincere blessings!
California's gold, why can they touch it, but we can't?!"
As he said, the emotional Vandazer looked at Vanderbilt again.
Vanderbilt was the most influential person among them, and Van Daze hoped that Vanderbilt could participate in the gold rush in California.
Vanderbilt was a man who held grudges, and he certainly had not forgotten these humiliations.
However, what Vanderbilt was worried about was not those business celebrities, but their influence in Congress.
But he didn't know how much sincerity Liang Yao would show, and whether it was worth their risk.
Vanderbilt took a deep puff of his cigar, turned his head and stared at Liang Yao.
"What my old friends said makes a lot of sense. To be honest with Mr. Liang, I am very interested in the gold rush in California. But we still don't know how sincere you are."
How much real profit can be obtained from participating in the gold rush in California is what Vanderbilt cares most about.
Liang Yao took out the financial report prepared before departure and handed it to Vanderbilt.
"This is the financial report of Xiangshan Gold Mining Company last week. Last week, we produced an average of 2,641 ounces of gold per day. After deducting all expenses, we can earn an average of 1,854 ounces of gold per day. Today, I will take you to visit the largest mining area of Xiangshan Gold Mining."
Vanderbilt took a while to understand Liang Yao's financial report. Liang Yao's financial report was very beautiful, and the company's capital flow was clear at a glance. He even wanted his company's employees to make financial reports according to this template in the future.
Liang Yao gave him too many surprises, and Vanderbilt was not surprised to make such a good-looking financial report.
In the future, Liang Yao made false financial reports for many small companies. Moreover, this financial report was not exaggerated. Liang Yao only doubled the data based on the original real financial report. It was not a problem to deceive Vanderbilt.
"How many shares of Xiangshan Gold Mining Company are you willing to give up?"
Vanderbilt asked, putting down the financial report.
He admitted that the shares of Xiangshan Gold Mining Company were indeed very tempting.
He also privately sent his assistant Nigel to investigate the gold mining companies in California.
Xiangshan Gold Mining Company can be said to be the leader among these gold mining companies, leaving its competitors far behind.
Even if a large consortium from the east enters California, Xiangshan Gold Mining Company is not without the ability to fight back.
Vanderbilt understands that the most valuable thing about Xiangshan Gold Mining Company is not the company itself, but the large amount of land owned by Liang Yao. These are things that other gold mining companies do not have.
In the final analysis, land is the root of all these problems.