America 1919-Chapter 945 - 322, The New York Times Predicament_3

The dragon has indeed reached the doorstep, but in the past, Adolf Ochs had always regarded "The New York Times" as his personal property.

Now, "The New York Times" is in trouble, and suddenly it has become everyone’s problem. This situation has left some shareholders dissatisfied.

"Mr. Ochs, we know you have an indomitable spirit and a resolve to resist, but the financial situation of ’The New York Times’ is right in front of us. What can we possibly do?"

A shareholder asked.

Adolf Ochs declared loudly: "I have decided to mortgage shares of ’The New York Times’ and inject new funds into the company. By then, we will have more capital!"

"So, Mr. Ochs, are you saying that if we wish to continue holding shares of ’The New York Times,’ we must contribute funds proportionally alongside you?"

"That’s right!" Adolf Ochs explained. "Only in this way can we truly stand up to Donnie and defeat him. We must show him our determination to sacrifice everything for the company!"

"Then, after this capital injection, can we quickly put an end to this damn lawsuit?"

"Uh..." Adolf Ochs hesitated for a moment before saying, "We will also try every possible means to end this lawsuit as soon as possible. You must understand, there are many supporting National Congress Members who are already pressuring William Howard Taft!"

As one of the largest newspapers in the United States by circulation, "The New York Times" has supported many Democrats, and naturally they are choosing to support "The New York Times" now as well!

However, Adolf Ochs’ response was clearly not enough to satisfy the other shareholders. After all, he had made similar promises before the lawsuit began.

Therefore, someone opposed Adolf Ochs’ resolution.

Despite this, Adolf Ochs, though battered recently due to the lawsuit, still held enough authority accumulated from years of operating "The New York Times" to sway some shareholders to hesitantly support his decision.

.

"Adolf Ochs has already decided to take out a loan and continue fighting this lawsuit with Donnie!"

When Paul Warburg arrived in Philadelphia and met Felix Warburg, Felix informed him of the news.

"That’s his last resort!" Paul Warburg said helplessly, sitting on the sofa.

"Sometimes I truly don’t understand what Donnie is thinking. He’s willing to spend millions on a lawsuit rather than accept an apology! What exactly is he after?"

Felix Warburg asked in confusion.

Paul Warburg, looking serious, said, "Send someone to reach out to the shareholders of ’The New York Times’ and ask if Donnie’s people have approached them recently!"

Felix Warburg immediately understood Paul Warburg’s implication. "Are you suggesting that Donnie’s real intention is to acquire ’The New York Times’?"

Paul Warburg nodded and said, "That’s a significant possibility!"

Felix Warburg pondered, "And if our investigation confirms that to be the case?"

Paul Warburg’s face showed anger and resignation. "If that turns out to be true, we have no choice but to reallocate some funds from Florida to acquire ’The New York Times’ ourselves!"

Felix Warburg said with distress, "The real estate market in Florida is at its peak right now. I recently heard that the plot we bought in Miami last month for $2.5 million already has a buyer offering $3.1 million for it this month.

If we pull funds back, we won’t just lose that investment!"

Paul Warburg nodded and said, "I’m fully aware. But ’The New York Times’ is something we must hold in our own hands; we absolutely cannot afford to lose it!"

For the Warburg Family, what they cared about wasn’t "The New York Times’" circulation figures, but its influence. With "The New York Times," they could better engage in exchanges of power and wealth with the Democrats.

If they lost "The New York Times," the Warburg Family’s influence in the United States would be halved at the very least!

"If that’s the case, we might as well just lend money to Adolf!"

Felix Warburg was reluctant to give up on the benefits in Florida.

"It’s not the same. After all this, Adolf no longer trusts us!" Paul Warburg explained, "And even if we lent money to Adolf, how much longer could it keep him afloat?

If the money runs out and the lawsuit drags on, then what?

I’ve thought it through. Only by taking ’The New York Times’ into our own hands can Adolf receive his deserved punishment, Donnie feel appeased, and we secure the best outcome with the smallest cost!"

Felix Warburg understood that this was the only viable course of action. However, after some consideration, Felix added a few of his own ideas to Paul Warburg’s plan.

After listening, Paul Warburg nodded in agreement.

Felix Warburg’s team quickly launched an investigation and soon discovered that someone was indeed reaching out to the shareholders of ’The New York Times,’ trying to buy their shares.

"Though we still don’t know the exact identity of the other party, I am confident it’s highly likely Donnie making a move!"

Felix Warburg declared loudly.

Paul Warburg nodded and said, "It seems there’s no mistake!"

Felix Warburg asked, "Should I instruct the people in Florida to sell off some properties now?"

Paul Warburg said, "Let me meet with Donnie first before making a decision!"