According to the agreement between Li Mu and the Springfield government, in March, the construction of the Kuobin Reservoir will start as scheduled.
After the fall of Amis, the Springfield government no longer set up any obstacles to the Horse Investment Company, not only increased the budget of the Broadside Reservoir again, but also made up all the deductions from the previous appropriation, so Li Mu now has a lot of cash in his hands, and the advance from the Springfield City Government alone has reached 5 million US dollars.
Just this time, after Li Mu went to Washington, Li Mu also received a special fund of 3 million US dollars from Grant, of course, regrettably, the 3 million still "floated" 30 percent according to the usual practice.
That's a lot, even if you deduct the normal drifting, the investment of the shipping company, the start-up capital of the Kuobin Reservoir project, and the additional research funds for the Massachusetts Institute of Technology, Li Mu now has more than $4.5 million in his hands.
The $4.5 million is where Li Mu's confidence lies in his support for the "Republic of Cuba."
For an enterprise, 4.5 million is indeed a lot, enough to build a first-class large enterprise at this time, but for a country, this money is a drop in the bucket.
So Li Mu still wants to open source.
"If you open source, you may be able to issue treasury bonds" As Li Mu's number one think tank, Henry gave his opinion.
"The national debt is in the name of the US government, I'm afraid Washington will not allow it."
Li Mu didn't have much hope, Grant had already decided to use Li Mu as a "scapegoat", and it was clear that he wanted to keep the U.S. government out of the matter, so on this issue, Grant is unlikely to let the U.S. government take the blame.
No, it is impossible.
"Not in the name of the United States Government, but in the name of the Republic of Cuba, or in your name."
Henry was ingenious.
"You are not wrong about my issuance of treasury bonds in my name" Li Mu was even more hopeless, and it is estimated that no one will buy such "treasury bonds".
"We are helping the Republic of Cuba, of course, we have to issue bonds in the name of the Republic of Cuba, in fact, everyone knows that Cuba is rich in mineral resources, if we can drive out the Spaniards, then the Republic of Cuba must have the ability to repay As for you, Reem, half of the mineral resources of the Republic of Cuba are yours now."
Henry made a big circle, and then handed a folder to Li Mu.
This is a memorandum of understanding between Henry and the Republic of Cuba for negotiations.
It seems that the Republic of Cuba has indeed reached a critical juncture, so it is now very much in need of Li Mu's support, in fact, Cespedes's envoy has been staying in Springfield, just waiting to start negotiations with Li Mu, Li Mu asked Henry to start negotiations with the Cubans before going to Washington, only a few days of effort, the negotiations have already been completed.
Henry, the "broken aristocracy", is indeed capable, Li Mu's bottom line for Henry is Youth Island and Guantanamo Bay, Henry does not fail in his mission, not only will Youth Island and Guantanamo Bay be successfully pocketed, but also easily hug nearly half of Cuba's mineral resources, it seems that Li Mu's requirements for Henry are a bit low.
Of course, all this is not gratuitous, in order to ensure his own interests, Li Mu must support the Cubans to drive out the Spaniards, and the support given to the Republic of Cuba every month cannot be less than 200,000 US dollars.
It seems that Li Mu has taken a big advantage, but in fact, if the Cubans fail, all of Li Mu's investments will be wasted, so this is a standard venture capital, which is extremely risky, and of course, the benefits are also very large.
"That is to say, if I use these conditions as collateral now, then I am also qualified to issue treasury bonds" Li Mu is also a smart person, and he can understand it at all.
"No, no, no, you don't, Reem, but you are qualified to issue government bonds on behalf of the Republic of Cuba."
Henry corrected the loopholes in Li Mu's words.
"Okay, anyway, if I have this qualification, then how should I issue treasury bonds?"
Li Mu finally asked the point.
"John Pierpont Morgan."
Henry said a name that Li Mu was familiar with.
John Pierpont Morgan, a representative of the Morgan family, is also the current head of the Morgan family.
As for the history of the Morgan family, it is needless to emphasize that everyone in the 21st century has at least heard of it, even if they don't know the history of the Morgan family.
Of course, Li Mu also knows the name John Pierpont Morgan, in fact, the company Li Mu worked for in his last life has a certain connection with Morgan Company.
"John Pierpont Morgan" Li Mu racked his brains to find out about the memory of John Pierpont Morgan.
"Morgan's father, J Morgan, has a financial company in London, this company underwrites 2.5 billion francs of French government bonds, about 50 million US dollars, J Morgan's company does not have the strength to swallow all the national bonds in one bite, so J Morgan asked Morgan to sell half of the national bonds in the United States, it must be said that Morgan is a smart guy, Morgan has no money to buy so many government bonds, so Morgan set up a syndicate, four days ago, you have not come back in Washington, Morgan came to me, I want the horse investment company to join the Morgan consortiumto buy a portion of French government bonds.
Henry introduces John Pierpont Morgan to Li Mu's background.
Li Mu's Junma Investment Company is actually a financial company, speculating in stocks and buying treasury bonds is the normal business project of the financial company at this time, but Li Mu does not understand stocks, so Li Mu restricts the business projects of Junma Investment Company to the entity field.
Syndicate, the original meaning of the word refers to the guild in the enterprise, applied to the form of corporate organization, it is manifested as a structure of the monopoly, the enterprise participating in the syndicate, still maintains its own independence in production and law, but loses its commercial independence, the sale of goods and the procurement of raw materials by the syndicate head office unified management, there is competition between the enterprises within it for the share of sales.
In this sense, the National Gunpowder Association also belongs to the syndicate.
"ZAMA Investment will not join any consortium, because ZAMA Investment itself will be a consortium in the future."
Li Mu first set the tone, and then considered the possibility of buying government bonds: "However, it is not impossible to buy French government bonds, we can buy French government bonds, but at the same time, the Morgan consortium will also help us sell the corresponding amount of government bonds of the Republic of Cuba." ” Li Mu's trick is called blaming others, compared with the Republic of Cuba's national debt, French government bonds obviously have a more stable return on investment, although Li Mu is not sure about the future of the Republic of Cuba, but at least Li Mu knows that until the 21st century, France exists.
In this way, if Li Mu buys a certain amount of French government bonds, and then issues an equal amount of Cuban government bonds, it is equivalent to Li Mu transferring the risk of Cuban government bonds to those who buy government bonds, and Li Mu will smoothly get out of the big whirlpool of the Republic of Cuba.
It can't be said to get out, but at least no matter what the future of the Republic of Cuba is, Li Mu's investment will not be in vain, because when the time comes, it is equivalent to Li Mu supporting the Republic of Cuba with the money raised from the financial market, if the Cubans successfully drive out the Spaniards, then Li Mu will make a lot of money, even if the Republic of Cuba fails, Li Mu will not lose money.
It's really a good calculation.
Henry obviously thought the same way, so as soon as Li Mu finished speaking, Henry made a record with a smile on his face: "Okay, I will contact the Morgan consortium as soon as possible, the question now is how much we want to buy" "Hehe, as much as you want, you can tell Morgan that if he can sell the Cuban government bonds smoothly, even if we eat all the French government bonds, it is not impossible."
Li Mu's appetite is big.
"But we don't have that much money."
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Henry is very aware of Li Mu's financial situation, although the Junma Investment Company has a lot of money in its account, but to swallow the 25 million US dollars of national bonds in one bite, it is obvious that it is not enough, and there is a funding gap of about 20 million US dollars.
"As long as we can sell Cuban national debt, then we will have money."
Li Mu played the idea of an empty glove white wolf, his left hand turned into his right hand, and he used the money from the sale of Cuban government bonds to buy French government bonds, which was a very cost-effective business.
"But Morgan's side" Henry is not very optimistic, in Henry's opinion, if someone buys such a treasury bond, it can only show that people are stupid and have a lot of money.
"Don't worry, arrange for me to meet with Morgan and I'll convince him."
Li Mu is confident.
Grant asked Li Mu to take the blame for the US government, and he definitely couldn't give Li Mu no benefit at all, so Li Mu now has the US government as a backer behind him, and he is very confident.
"Okay, I'll arrange it as soon as possible."
Henry chose to trust Li Mu and was ready to send a telegram in a while.
"Also, help me find a few professional managers."
Li Mu stopped Henry, who wanted to leave.
"What kind of professional manager" Henry continued to record without raising his head, and the disappointment in his eyes flashed.
"Regarding the operation and management of the factory, we also need to find a reliable team of lawyers" Li Mu decided to adjust the management of Junma Arms Company and Junma Investment Company.
"Lawyer" Henry stopped his pen and looked up at Li Mu with shock and expectation in his eyes.
"You're getting busier and busier at work, it's not appropriate to continue to be my personal lawyer, and you're too busy, and now there are more and more investment projects in the Horse Investment Company, Carnegie Corporation, the Broadside Reservoir, the laboratory built with the Massachusetts Institute of Technology, and now the national debt, and soon the formation of an electrical company, these projects need to be managed by a team, and every project needs a team, so if you have no opinion, I will appoint you as the general manager of the Horse Investment Company, during my time in Cuba, Junma Investment Company is in charge of you, your main task is to form a team, find the right people, put them in the right position, and find a professional manager, preferably with experience in managing arsenals, I want to give Zhang a deputy "Li Mu's requirements are a bit much, so many projects, just rely on Li Mu and Henry, and the two people are indeed too busy.
"Okay, okay" Henry's notes flew quickly, and his eyes were unconsciously a little hazy
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