Wall Street of the third generation chaebol

＜ Twisted White Knight. (3) >

“Yes?”

When asked whether President McKinley should be removed, James was startled. In the past, I could have dismissed it as a joke, but since Detroit was so large, I couldn’t tell if it was a joke or a serious one.

“Are you kidding me?”

“Of course.”

I laughed bitterly.

“If you lose to the White House, you’ll never look good. You’ll get crossfired by Democrats and Republicans later, because you can’t afford it.”

White House.

The seat of power on which the Absolute of America sits.

No one wants absolute power to be weakened. He doesn’t want anyone to undermine his seat, the ultimate destination of all politicians.

As an outsider who is not a politician, I would hate it even more when the White House was split.

“Politics is a battle of powers, not capitalists. If you only look at the money and enter that board, you won’t be able to get your bones right? If you touch the White House, their sanctuary, the hedge fund can be split into 100 pieces and 1000 pieces right away.”

Couldn’t Standard Oil have taken over the White House because it lacked power? JP Morgan Bank? Steel King Andrew Carnegie?

The giants who dominated the era of monopoly capitalism could grab the leash of capital and shake the White House if they wanted to.

But they didn’t touch the White House whenever possible.

“Well, the lobbying funds must have gone in. But that’s it. If you cross the line, you can get hit with a mace in the White House. In fact, Standard Oil is still fighting a dog fight with Texas to keep an eye on the White House.”

America is a country with the rule of law.

As a basic passive, Americans are less likely to touch the Amendment system if possible. is to respect

This is because the democracy that has been passed down since President Washington has been their pride, and the United States itself is a country that upholds the Constitution.

It is different from the Republic of Korea, where the president protects the people.

“Besides, you don’t even have to touch it.”

McKinley pressed the self-destruct button.

Executive orders issued by the president are strong. Administrative orders with no specific scope are powerful powers that have even the power of a legislative branch.

In other words, the president can print bills by executive order.

However, this does not mean that there is no way to check it. No, the most powerful shackles of the separation of powers are at work.

“The judiciary’s checks.”

Executive orders could be issued by the judiciary in roughly two ways.

“One is the suspension of the administrative order by the district court. It is the most common method used by the judiciary to dismiss an administrative order.”

Even if President Trump tried to deport illegal immigrants with an anti-immigrant executive order with such a flag, the district court’s administrative order suspending effect was repeatedly watered down.

In fact, it was almost the first time I saw an executive order suspended.

“And the second is the judicial review system of the Supreme Court.”

In Korea, it is a constitutional complaint.

In the United States, the judicial review system is judged by the Supreme Court, not the Constitutional Court, as it has a special system.

“First of all, the judicial review system is too time consuming, so it’s dismissed. Standard Oil doesn’t even care about this. If it’s a long-term war, I’ll go this way, but it’s too inefficient.”

Anyway, as long as there is an anti-monopoly law, even if there is no judicial review system, it would have been enough.

“Then we will file a lawsuit in the state court for the suspension of validity in New Jersey, where Standard Oil’s holding company is currently located.”

McKinley would have predicted this far.

It was a speed fight that made him win. It will take about one to two months for the administrative order suspension to come out, and it will be torn apart in the meantime.

Anyone who has ever run a business knows how hard it is to put together a company that has been torn into 34.

“It’s not difficult for the administration to split.”

In the end, if only one holding company in New Jersey was taken and disbanded, the company would be split into 33 companies.

“Of course, there is no change that Standard Oil is a formidable company. If Standard Oil had been listed on the New York Stock Exchange, it would have eaten up all the stocks.”

Even after its dissolution, Standard Oil is succeeded as the Seven Sisters and grows into a giant monopoly that has dominated the US oil refining industry.

In the process of dividing the world into 34 oil refineries and organizing them into 7 companies, foreign companies also participated and the Tekgas Oil Refining Company merged, and all kinds of chemical reactions took place, but nonetheless, as many as three companies were direct descendants of Standard Oil.

‘It’s a real crazy monster.’

“But there aren’t many companies that take pride in Standard Oil.”

New Jersey Standard was a core company that was a direct line of Standard Oil and a holding company, so my pride went crazy.

Later, the company changed its name to Exxon, and the origin of Exxon was derived from the abbreviation SO of Standard Oil and son meaning son.

But what about other companies?

“It’s highly probable that the companies that were ordered under New Jersey don’t think so. Even if they split, they can break the head of any refinery, so why not?”

“You mean you may want to seek sovereignty.”

“As long as President Rockefeller is alive, it’s almost impossible. But if it’s forcibly split by an executive order, I don’t know.”

2 months.

The time limit, no matter how long, was two months. And two months later is the election.

“The UK intends to scratch the White House with its dreadnoughts this month.”

“It seems to be a threat to maritime security.”

“The dismantling of the anti-monopoly of domestic companies and national maritime security. If you have to choose, it is absolutely the latter.”

This novel was posted at https://readwn.com

Of course.

“Assuming McKinley is sane, of course.”

They may pretend to be crazy, throw away maritime security, and try to disband Standard Oil.

Human greed is considerable.

“Roosevelt seems to be reading roughly how the plates work.”

To be honest, if Roosevelt, an anti-monopoly gladiator, would have contacted me, I would have received hundreds of thousands of copies.

but it doesn’t come

That means Roosevelt admitted it. I hate this trust, but it serves the current American interest.

‘Initially, Roosevelt chose the national interest and the national interest when it was at the crossroads of the dissolution of the trust.’

As evidence of that, during the Panic of 1907, Roosevelt tolerated the process by which trust companies on the verge of bankruptcy merged into mega trust trusts.

He knew that splitting this up would f*ck America.

“Maybe he’s still convincing McKinley.”

bang-!

“Chairman!”

Then the door slammed and a Federal Reserve employee rushed in. Behind the open door, I could see the staff moving loudly and bustlingly.

“What’s going on?”

“The White House has made a major announcement. The Washington Post is taking it outside the door…”

He pursed his lips, swallowed his saliva, and continued.

“President McKinley just ordered the dismantling of Standard Oil in New Jersey!”

Than you think.

The plate was spinning fast.

***

“Why the hell is England making a fuss?”

White House.

The ministers gathered at an emergency convening were summoned to the Ministerial Meeting, and only ministers who could meet immediately gathered.

President McKinley tossed a piece of newspaper onto the table.

[Whitworth and Vickers, ‘I will exercise the right to veto the major shareholder of the Portsmouth Company.’ The U.S. Navy’s dreadnought order program is completely suspended.]

[The British Naval Ministry proposes a new naval law amendment to the British Parliament. Pending Parliament.]

[The Downing Street ominous. ‘Retaliation for unfair preferential treatment and discriminatory treatment that shakes world peace will be inevitable.’ In effect, it is interpreted as a warning to the United States]

[The dreadnought currently held by the US is ‘0’ maritime security emergency.]

[Considering the deployment of dreadnoughts on Geomundo, Joseon. In fact, it is considered a threat to Japan.]

-The Wall Street Journal (WSJ)

“It’s an unfair act, why are you having a seizure like this!!!”

bang-!

hit the table

It was only a few days ago that Standard Oil was ordered to disband. Even if the entire White House and administration were replaced, the British slapped the Americans in the cheek while they were intermittently.

“Secretary Hay, can you read the British intentions?”

“Honestly, there is no need for the British Navy to come out so hard. The Dreadnought division is also running smoothly. The UK wants to focus on the Mediterranean rather than the Pacific in the first place.”

Secretary of State John Hay shrugged as if he didn’t understand English. In fact, it was a radical move that could be said to be the complete opposite of Britain’s recent move.

“The current foreign policy of the UK has continued to be only toward Russia. Import/export restrictions, tariff barriers, and operation of the Mediterranean Fleet, such as the operation of the Mediterranean Fleet, have been just an extension of the Great Game.”

With the exception of the Boer War, the rest of the forces are concentrating on Russia and the Mediterranean. In fact, the BOSS bond gave the Bank of England a breath of fresh air.

Rather, it makes sense to cooperate with the United States to pressure Russia. This is because Vladivostok and other Rushun could effectively press the US Far East defense line.

So I extended the dreadnought lease, and it came back with this result.

“By the way, we are sending a dreadnought fleet to Geomundo. They also have dreadnoughts leased from the United States? This is an absurd riot.”

Are we going to war now?

No way. Diplomacy was the means of communication of the state. The truth may be hidden.

“There must be a secret. I want to solve other problems with the dreadnought gun as an excuse.”

Conversation between Secretary John Hay and McKinley.

Treasury Secretary Gage, who was watching it, shut his mouth. He was able to predict why Standard Oil’s case and this Dreadnought’s case behave like this.

‘Recently, the economy of Tsar Russia is literally going through Rasputicha. I’m drowning in a swamp of endless deflation.’

cause of deflation.

Someone is pouring out the ruble while absorbing the ruble. But no one could figure out its true identity.

Even if the imperial Russia released Ohrana and investigated it, it was still unclear.

This novel was posted at https://readwn.com

Of course.

The subject who poured out the in-kind could be anyone, from the initial supplier to the distributor to the consumer.

That grass is huge.

There was no way to find out if the first supplier had created thousands of undisclosed subsidiaries and poured in-kind through them.

‘Actually, I didn’t know who was pouring out the goods until the British had a seizure like this.’

But in this case, I knew for sure.

standard oil.

It must have been that an American company joined forces with the British to join the anti-Russian sanctions network.

‘Is this what the Detroit Chairman was saying about Russian deflation?’

When the Treasury Department caught a large amount of ruble-denominated cash flows during the establishment of the Federal Reserve, a Detroit director secretly told them about it.

Now he seemed to know what that mass of rubles looked like.

‘The Bank of England’s ruble is kept in the Federal Reserve’s vault.’

It goes through the central bank of the United States as an intermediary, so no matter how much Ohrana investigates, nothing will come of it.

Even more so when it comes to Detroit to control it.

It became clear that a large amount of ruble also flowed to the Bank of Japan and the Bank of Japan Settlements.

‘…Let’s be silent.’

The moment you open up this, you know what will happen to the British Foreign Ministry. The chairman of Detroit, who claimed to be a collaborator, is a living power in the financial world.

Secretary Gage wanted to live a long, long life.

***

Washington DC at that time

A secret room somewhere in the Federal Reserve.

“Your country seems to be hitting hard.”

tuk.

I nervously threw the newspaper on the table.

The finance minister was leisurely drinking tea in front of me.

“Treasurer, how am I supposed to take this? Do I look sane?”

“I’m sorry. There was some misunderstanding because the US federal government rushed to dismantle Standard Oil. Our British government also feels like we’re on fire. I admit that the level was a bit high.”

The British finance minister raised both hands.

He didn’t seem to have expected the British to attack so powerfully.

But on the other hand, it is also understandable that the order to dismantle Standard Oil, which was a surprise from the British standpoint, must have been well-defeated.

I can’t help but fool

Still, annoying is annoying.

Does America look like shit?

“As an apology, I will tell my home country as best as I can. The Ministry of Finance’s strong winds on this anti-Russian sanctions system will listen to it whenever possible.”

“You must tell me. I will not forget this.”

“Yes, I’ll tell you.”

I patted the table with my index finger and stared at Treasury Secretary Robert. There is no disturbance in his movements.

But I know it well. The insides of them must be burning black.

The Boer War was not over.

This radical diplomatic response must have been a mistake resulting from that urgency.

‘You must have felt that President McKinley’s will for the antitrust law was burning with this surprise order.’

In fact, I didn’t really care if Standard Oil split or not. It wasn’t even my company.

Although it was a monopoly that was essential until the end of World War II in terms of national interest, there was little damage to my personal life.

Will I be the next target for the White House Mace?

That was the problem.

But those guys are different.

If Standard Oil splits, the Russia strategy must be completely revised from start to finish. The funds poured out so far will be oxidized to ashes, and the cabinet will be shaken in the aftermath.

Prime Minister Salisbury will be in dire straits, with the fate of his cabinet at stake.

It’s not bad.

This novel was posted at https://readwn.com

Once the plate was created to my advantage. England desperately needed my help. That’s why the tycoon of the finance minister ‘daringly’ visited the United States secretly and requested an interview with me, the chairman of the Federal Reserve.

The UK desperately needs Standard Oil.

Anyway, I also needed Standard Oil.

To prepare for World War II, the United States also needs the crazy weight class of Standard Oil.

I want America to take over the world.

The age of oil is coming soon.

And everyone’s needs were met.

“I’ll help.”

“……Is that true?”

I decided to take out a card I had prepared a long time ago.

Bethlehem Shipyard.

Now that the Portsmouth Company exercised its veto power, it is the only shipyard in the United States that can build dreadnoughts.

The shipbuilding company that Bethlehem Steel took over is the key to this issue.

An American dreadnought was loaned to Britain during the Boxer Movement.

The dreadnought of the Portsmouth company is now tied to the UK.

The Bethlehem Shipyard was the only shipyard where the United States could build dreadnoughts.

However, in reality, it is an illegal company that steals patents from patent companies and makes them.

it’s fake

As Admiral Dewey told me earlier in Japan, they were building two Dreadnoughts, the flagships of the 8th and 9th Fleet.

And the patent company was right in my hands.

Now that the world situation is dizzy, what will the White House feel if the only shipyard gets caught up in a lawsuit with zero asymmetrical power dreadnoughts with nuclear-level influence?

The oil market will be pushed to second place immediately due to the sense of crisis that is imminent.

‘But I have no intention of destroying the real maritime security of my country. Just to scare McKinley.’

The finance minister was waiting for my next word.

It was necessary to draw the attention of the White House by swinging the dreadnought, somehow separating McKinley’s gaze from the oil market and fixing it on the dreadnought.

Except for the White House.

No sphere of influence wanted the dissolution of Standard Oil.

“But there will be a price to pay. For America and for me.”

It’s a card that might end the great game, but you have to crawl on your own.

It was a deal that was second to or greater than Gibraltar.

They had no choice but to accept it.

Joker is there.

You just need to nod your head.

Then everything will be resolved.

If you only offer a small price. That is.

＜ Twisted White Knight. (3) > end