1850 American Gold Tycoon

Chapter 77 The arrival of the Eastern Consortium

Chapter 77 The arrival of the Eastern Consortium

After two years, the Pacific Cruise Lines ship reappeared in California.

Aspinwall, the president of the Pacific Cruise Lines Company and the president of the New York Shipping Association, raised the binoculars in his hand and looked at the busy San Francisco port not far away and said with emotion.

"I came here for the first time in 1848. At that time, the war between the United States and Mexico was not over, and the gold rush was not yet over. The port city in front of me was just a small village, but now it is a large-scale city. big city."

"My subordinates told me that your nemesis Vanderbilt sold three large steamships to a Chinese named Liang Yao.

This is a red flag. If the two of them cooperate, one in charge of the route from the eastern United States to Nicaragua, and the other in charge of the route from California to Nicaragua, they will be strong competitors for the Pacific Cruise Line. "

It was John Jacob Astor III who spoke.

At this time, the Astor family was the leading aristocrat in the United States, and the absolute C in the high society in New York and even the entire United States.The true Citigroup of old New York City.

Although Astor, the founder of the family, died of illness two years ago, the influence and status of the Astor family in the United States has not diminished. John's father, Astor Jr., took over the scepter from Lauster. Continue the expansion of the Astor family.

Old Astor's last words to his children and grandchildren were to buy the most valuable land in all the big cities in the United States.

Although San Francisco is not yet a big city in the United States, Astor Jr. believes that there is gold there, and San Francisco will soon become a big city in the United States.

Born in such a family, John can be said to have been born with a golden key in his mouth.

"In fair play to that rude sailor, I admit that my Pacific Line is no match for that sailor.

But our Pacific Cruises Company has a 199000-year franchise to operate the Panama route granted by the Congress and the government, as well as an annual order of [-] US dollars from the federal government. It is still unclear who will win.

As for the Chinese named Liang Yao, I don't think he can make any waves in the United States. "Aspinwall said with great confidence.

Unlike Vanderbilt's self-starter, the Pacific Cruise Line was established with an injection of $40 by the New York State Senate.

At the beginning of the establishment of the Pacific Mail Company, thanks to the influence of the New York congressmen, the company received a large postal order from the government as soon as it was established.

Thanks to the strong support from the government, in just two years, the capital of Pacific Cruise Lines has expanded rapidly from US$40 to US$220 million, becoming a veritable large shipping company.

Aspinwall believed that with the company's monopoly on the routes from the eastern United States to California and even Oregon, Pacific Cruises would grow further.

"Mr Aspinwall, I think you're overconfident, the Commodore is not a good character to deal with.

Back then, Livingston and Fulton also had the monopoly privilege of the Raritan River route granted by New York State. Didn’t Vanderbilt still tear a hole in it? said John.

"I heard that your prospecting team's prospecting work in California is not going well?" Aspinwall brought the topic from the sea to the land, and the two began to tease each other.

"It's really not going well. The gold mining area near Sacramento and most of the real estate in San Francisco have been bought by that guy named Liang Yao.

That waste of A'dal brought me bad news. So far, they haven't found a mining area with considerable gold reserves. "John said, frowning tightly.

"Liang Yao is this nasty guy again. He is a Chinese. Now he dares to dabble in gold and shipping at the same time. What will he do in the future? It's unimaginable!"

After arriving in Panama, Aspinwall has often heard the name Liang Yao, and he is particularly disgusted with this name now.

Even if Vanderbilt gets involved in shipping in California, Liang Yao, a Chinese, dares to ship this piece of cheese.

At this point, John and Aspinwall reached a consensus. One of them wanted to monopolize shipping in California and even the entire west coast of the United States, and the other wanted California's gold and real estate.

Now the largest gold producing area in California is controlled by Liang Yao, and the World Shipping Company owns three large steamships purchased from Vanderbilt.

This is undoubtedly a huge threat to them.

"Perhaps he still doesn't understand the reason why too much appetite is easy to be overwhelmed. It's time to teach him a lesson and let him know who is the real master of America! Don't think that if you become an American citizen, you are an American." John said angrily.

"I heard that the main real estate in California, especially the gold producing area in Sacramento, is all in his hands, and he has a legal title deed from the Mexican government. I think this is a headache for you."

Aspinwall said, with a touch of schadenfreude, he was waiting to see the show.

The Astor family never suffers. He does not believe that John can swallow this breath and will give up the existing gold producing area in Sacramento and spend more time and cost to find a new mining area.

Members of the Astor family like to pick ripe fruits from other people's homes.

Aspinwall also hopes that John can take away Liang Yao's land, no matter what method it is.

Shipping companies, especially those based on steamships, are gold-swallowing behemoths. Before obtaining stable income, the cost of initial investment is very high.

The maintenance of the ship, the fuel provided for the steam turbine, the training costs and salaries of the crew, etc. are all huge expenses, which is why many shipping companies still use sailboats as the main operating ships.

Because sails are cheaper to maintain than steamships, and don't need to provide additional funds to buy coal as fuel, these two items alone can save a lot of money.

This is essential for those shipping companies who are just starting out and small and medium shipping companies.

As for why the Pacific Cruise Line, which has just been established for more than two years, can afford the maintenance costs of steamships and can make huge profits.

The reason is also very simple. In addition to the strong capital support provided by the New York consortium for Pacific Cruise Lines, they also have fixed government mail orders and the monopoly of sailing routes for huge profits.

With such a unique advantage, even if the management of Pacific Cruise Lines is a group of fools, they can make Pacific Cruise Line bigger in a short period of time.

Liang Yao's global shipping company invested huge sums of money to purchase three steamships over [-] tons at the very beginning. Aspinwall had to admit that Liang Yao was very courageous.

But this courage comes at a price. If Aspinwall's guess is correct, Liang Yao's global shipping company must be operating at a loss.

As for the loss of the global shipping company, if nothing else happened, Liang Yao's gold industry must have paid to make up for it.

As long as John takes away Liang Yao's land, Liang Yao's gold industry will suffer a fatal blow.

Without Liang Yao in the gold industry, even if Global Shipping Company was a golden eagle, it would be a golden eagle with its feathers stripped and its wings removed, and it would not be able to fly even if it wanted to.

There is only one ending waiting for the global shipping company, and that is bankruptcy!
John heard the words and laughed up to the sky, as if he had heard a particularly funny joke: "Headache? I don't have a headache at all. As long as the Congress does not recognize the legality of land grants from the Mexican government, those lands where gold is buried are unowned lands." !"

 Thanks to Yimengweima for the 1500 rewards, Mourning Wu Huaxia for the 2000 rewards, and Gothic Walking Warrior for the 5000 rewards!
  
 
(End of this chapter)

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