America 1919-Chapter 407 - 169. The Real Counterattack Begins (10,000-word chapter, continuing to repay the debt~)_4

Naturally, this matter also became known to many people.

As of now, many ordinary people still don’t know where the Pandora Oil Company suddenly popped up from.

They don’t know about the Pandora Oil Company, but they do know about Pan American Petroleum!

Many people then thought that Pandora Oil Company was a publicly listed company they hadn’t noticed before, so a lot of them started looking for the shares of Pandora Oil Company, wanting to buy in!

This mentality stemmed from the booming U.S. stock market; since 1919, the U.S. stock market had been soaring, with the Dow Jones Index climbing steadily. To everyone, any profitable company ought to be a publicly traded company.

But when they couldn’t find Pandora Oil Company among the listed companies, they realized that the company had not gone public.

Then these people wanted to know about Pandora Oil Company, and afterwards, the "Atlantic City Post" published some information about Pandora Oil Company.

Eventually, Americans finally learned that Elk Hills, the Buick region, and the Teapot Dome three major strategic reserve oil fields had already been leased to the four large oil companies in the United States.

At this stage, the coverage of this issue only went as far as this, with no news leaking about the four large oil companies obtaining the three oil fields in violation of regulations!

First and foremost, Harding was still in office, as the President of the United States.

Perhaps American newspapers could report some juicy scandals of the President or some erroneous decisions in policy, but this matter involved the reputation of the President as well as the interests of the American oil companies.

You see, the bosses of the four major oil companies were not all Republicans; there were also Democrats among them.

A scandal that at the same time involved the sitting President and prominent figures from the Democratic Party was not going to be reported so easily.

Secondly, before the "Atlantic City Post" reported on Pandora Oil Company, Donnie had already spoken on the phone with Albert Furr.

For Albert Furr, although he hoped that this matter would never come to light, he understood it was impossible, and since that was the case, it was better to selectively let the public know about it.

So, using his influence, Albert Furr had already alerted the major media outlets about the situation, and thus, in their reporting, they wouldn’t say anything more about the matter.

The so-called freedom of speech has always been a joke in this country!

Most importantly, as the issue was reported, the stock prices of Pan American Petroleum owned by Eduardo Doherty, Sinclair Oil owned by Harry Sinclair, Indiana Standard Oil owned by Robert Stuart, and Prairie Oil owned by James O’Neal all rose to varying degrees.

Therefore, those who should have been competitors were actually happy with the reporting by Donnie!

Naturally, they would also try hard to cover up this issue!

In fact, in the original history, the outbreak of the Teapot Dome scandal was directly related to Harding’s death; it was only after Harding passed away that the matter was suddenly reported.

"Haha, I said that this Donnie is a fool. He thinks that his ’Atlantic City Post,’ with its increased sales after reporting on the issue, but in reality, we’ve gained much more!"

This was the happiest moment for Harry Sinclair these past few days!

The rise in stock prices meant an increase in his personal wealth; there was nothing more pleasing than that!

Although James O’Neal was somewhat happy, his joy was coupled with more anger: "Edward, that traitor, he’s the one who has benefited the most this time!"

When mentioning Eduardo Doherty, the smiles disappeared from the faces of both Harry Sinclair and Robert Stuart.

While the rise in stock prices meant an increase in their paper wealth, the problem that they were facing hadn’t been resolved yet! Read new adventures at novelbuddy

"Gentlemen, my company’s directors have already phoned, demanding that I explain this conflict with Donnie!"

At this moment, Robert Stuart missed his life in the military more than ever. Back then, as a colonel, with one command, his troops would charge according to his orders, and no one dared to challenge his authority.

Although he now had more wealth and influence, he had lost even more authority.

Especially those annoying directors in the company, didn’t they know that what he was doing now was for the company to gain more benefits?

Those people, who used to practically wag their tails in front of him when he could earn them more benefits, were now baring their teeth at him at the first sign of a little problem!

Both Harry Sinclair and James O’Neal showed a helpless look at this time; obviously, they were facing the same problem as Robert Stuart.

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"Local police are out of the question. I’ve already contacted Wendell; he’s the deputy director of the Bureau of Investigation. He’s personally dispatched a team to investigate the matter, and I believe it won’t be long before we get some leverage on Donnie!"

Harry Sinclair said angrily.