America 1919-Chapter 852 - 291, Trident Shipyard Opening_3

Of course, not everyone there was currying favor with Donnie. Some harbored dissatisfaction, since Donnie’s establishment of such a large shipyard in Cape May definitely touched some people’s interests.

And certainly, Cape May’s political landscape was not of one mind.

Donnie observed all of this without showing it. As long as these people didn’t make it explicit, Donnie didn’t care. The current situation in New Jersey was such that, willing or not, they all had to abide by Donnie’s rules.

They strove hard to become part of Donnie’s circle of interests, for without that, it was impossible for them to thrive in New Jersey!

A night without words.

The next day brought the inauguration ceremony of Trident Shipyard, with leaders of major departments of Cape May City coming to participate in the celebration.

Even if Donnie wished to keep a low profile, being the hot New Jersey Consortium at the moment, numerous media and newspaper reporters came to cover the opening ceremony.

“The establishment of Trident Shipyard holds a different significance for the New Jersey Consortium. Although its investment in Trident Shipyard isn’t the largest amongst the conglomerate’s controlled companies, not even the median, it signifies the Consortium’s transformation towards heavy industry…”

The Wall Street Journal gave a high appraisal to the opening of Trident Shipyard. In their view, before this, the New Jersey Consortium lacked a certain gravitas, a trait that wasn’t decided by how well the Consortium was doing. They equated gravitas with heavy industry!

After all, conglomerates like Morgan and Rockefeller also control a large share of America’s steel, railroads, and other heavy industries.

“…Clearly, the young Trident Shipyard still faces major challenges. As of now, their only client is United States Logistics, also part of the New Jersey Consortium. The real test for Trident Shipyard is whether they can meet the Navy’s demands for future warships, the merchant fleet’s demands for future sea transportation, and the cruise ships’ future needs!”

In this report, The Wall Street Journal also raised its concerns.

They were unaware of the agreement between Donnie and the United States Navy but they knew the current state of the U.S. shipbuilding industry. If a shipyard wants to be profitable in America, it must secure Navy contracts, or it won’t grow.

The Wall Street Journal believed that Donnie would definitely work hard in this regard!

They also believed that with the accelerating pace of technological development, the same was true for sea transportation and cruise ships. If a shipyard cannot keep up with technological advancements, it’s equally hard to continue to develop.

“…We believe that, with the support of the New Jersey Consortium, Trident Shipyard will certainly not lack funding in the early stages. However, as a mature consortium, the New Jersey Consortium will not always foot the bill for Trident Shipyard’s development. Therefore, if Trident Shipyard wishes to develop successfully, it needs to have the capacity for self-sufficiency.

We will continue to pay attention to this matter!”

Donnie read this newspaper on the passenger ship back to Atlantic City.

Indeed, Donnie’s return to Atlantic City this time was not by train, but by yacht, sailing along the Atlantic coastline towards the Northeast.

“Boss, it seems The Wall Street Journal has some skill!” Chris put down his champagne, his arm around a bikini-clad girl beside him, and smiled as he spoke to Donnie.

Donnie gave Chris a glance: “The Atlantic City Post has now become the largest-circulation newspaper in New Jersey, the third-largest in New York State, but still can’t compete in the financial sector with The Wall Street Journal. You think it’s just because of ‘The Wall Street Journal’ name?”

Chris laughed carelessly: “What I mean is, since their commentators are so capable, why not recruit a few and put them in the Strategic Department?”

Donnie thought for a moment and shook his head: “Let’s not, these commentators, as long as they are talking, they are invincible, but give them something to do, and they’re worthless. Better trust people we train ourselves than them!”

Donnie naturally found these critics speechless, whether they were financial analysts, film critics, sports commentators, or others.

If they truly had such ability, they would be billionaires, superstar directors, top athletes, rather than scraping a meager living off the pen!