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America 1919-Chapter 931 - 318, Complex network of interests
Some rejected, but naturally, there were also those who agreed.
Pierre DuPont, who joined the Tarot Society this year, spoke up at this moment.
"I remember back when Donnie wanted to create Miss America — it was only three years ago. At that time, Nucky approached me, and I was wondering what kind of young man could come up with such a brilliant idea.
Back then, I thought that maybe one day, if I had the chance to meet this young man, I could lend him some support.
But who would have thought that in just three years, the young man I thought needed my support has already become the founder of the New Jersey Consortium and a prominent figure in the United States!
If Donnie has consistently succeeded, then I have no reason to reject a cooperation proposal from such a successful individual.
If you, Donnie, believe that our DuPont Family can contribute to the military industry business, we are willing to participate in the construction of the military factory!"
Pierre DuPont’s agreement did not surprise the other people in the room.
The DuPont Family has always been a leader in the military industry, and with Donnie’s New Jersey Consortium rising so strongly, it is only logical for DuPont to seek collaboration with Donnie.
Donnie smiled and raised his glass: "I believe this business will become another successful investment for the DuPont Family, following your investment in General Motors!"
Pierre DuPont also smiled and raised his glass: "With your confidence, Donnie, I have no worries!"
Next, Abbas Clow from Chase Bank also spoke up: "Our Chase Bank is also willing to invest in your military factory, Donnie. Previously, Chase Bank wanted to collaborate with you, but we never got the chance. Now that you’ve presented the opportunity to us, if we at Chase Bank were to refuse, I’m sure the other directors would give us a hard time!" freeweɓnøvel.com
"Careful with your words!" Andrew Mellon chimed in at this point, laughing: "Mr. Rockefeller just refused to cooperate with Donnie a moment ago!"
Old Rockefeller laughed heartily: "The Rockefeller Family may have declined, but that doesn’t mean Chase Bank does. As for Abbas’ decision, I personally support it wholeheartedly!"
Andrew Mellon chuckled: "Since Chase Bank has agreed, Mellon Bank has no reason to disagree. This matter will also see us buying shares!"
Walker added with a smile: "Although our Astor Family has never engaged in the military industry, I believe in Donnie’s capabilities. So, our Astor Family will invest as well!"
Thus, the military factory acquired funding from the DuPont Family, Chase Bank, Mellon Bank, and the Astor Family.
Subsequently, Donnie brought the five of them into a small conference room to discuss the investment proportions in the military factory.
After lengthy negotiations, the decision was finalized: Donnie would make an initial investment of $7.5 million for a 50% stake, the DuPont Family an initial investment of $3 million for a 20% stake, Chase Bank an initial investment of $1.5 million for a 10% stake, Mellon Bank an initial investment of $1.5 million for a 10% stake, and the Astor Family an initial investment of $1.5 million for a 10% stake!
For subsequent years’ investment, each party would contribute according to their stake.
Additionally, legal provisions were established: If one party wishes to withdraw their shares, the remaining shareholders will have the right of first refusal!
With this matter settled, the Tarot Society’s annual meeting came to an end.
Later on, Donnie privately met with General Pan Xing and General John Hines to discuss plans for the future development of the arms company.
It was apparent that Donnie aimed to make the military factory a supplier for the U.S. military in the future.
Only by doing so could the factory achieve better development.
But of course, there was something else Donnie needed to discuss with them.
Donnie had never intended for his military factory to solely supply the U.S. military as a single-source vendor. In his plans, Donnie envisioned selling the factory’s weapons to any country or organization in the world that could afford the price.
Under such a framework, it was almost inevitable that one day, these weapons might appear on battlefields opposing U.S. soldiers!
Such an occurrence could be deemed as treason, depending on its scale.
Or it could be dismissed as trivial — as long as those in power chose not to pursue it, nothing would happen.
This is why Donnie sought to build stronger relationships within the military. General Pan Xing, General John Hines, and even Marshall, who had already gone to the East, were far from enough.
After Donnie promised a certain profit, General Pan Xing chose silence, while General John Hines agreed to introduce more influential figures within the military to Donnie!
Donnie was, of course, satisfied with this outcome!
After the two generals left Block Manor, Andrew Mellon, Old Rockefeller, and Jack Morgan visited once more!
Naturally, they came to discuss the acquisition of the Kuhn, Loeb & Co. consortium with Donnie.
"In this matter, I’ll follow your lead. If you want to proceed, I have no objections!"
Donnie, understanding their intentions, spoke bluntly.
"Donnie, you’re too modest about this. If it weren’t for you stepping in to disrupt Kuhn, Loeb & Co.’s cash flow, we wouldn’t even have the chance to make a move!"
Jack Morgan said with a lighthearted laugh.
"But now, Kuhn, Loeb & Co. has already moved funds to Florida. If we act now and they withdraw those funds from Florida in time, wouldn’t this backfire on us?"