For Buffett, who is far away in the United States, he has no idea what is happening in South America.
After leaving South China, he took the "Flying Cloud" and headed straight to Atlanta. Washington's so-called "blockade" was a joke. They simply entered Hong Kong smoothly. The hundreds of tons of gunpowder he brought with him were undoubtedly Confederate weapons.
In need of supplies most urgently, after knocking on the door of Richmond with gunpowder, the "Free Trade Company" represented by Buffett received a large order for everything from military uniforms to cans, from gunpowder to rifles.
Of course, the Confederacy will not pay much deposit, they only provide a "purchase intention". After all, everyone knows very well that the premise of the transaction is that they transport the goods into the Confederate port. Otherwise, everything is empty talk.
While contacting Confederate officials in Richmond, Buffett also successfully completed another of his tasks - contacting the Southern Baptist Convention and getting them to agree to send missionaries to South China. These missionaries were all Southern Baptists.
The missionaries trained by the Xinhui to preach in China could not only speak Chinese, but also write Chinese characters.
Zhu Xianhai needed teachers and missionaries who were proficient in Chinese and English... so he had no choice but to do so. In this era, except for the church, no one can provide teachers who know Chinese? There are even specialized Chinese majors in Southern Baptist colleges.
Who else can I look for besides them?
After leaving Atlanta, Buffett did not immediately follow the "Flying Cloud" back to South China, but continued northward directly to New York.
As a businessman, he was not worried about being arrested by the North for smuggling. After all, even in New York, there were many people involved in smuggling to the South.
It is only the nature of a businessman to betray the country and seek wealth.
After taking a short break in New York and signing several machine purchase contracts, Buffett began to prepare for another big thing he wanted to do.
"Cyrus West Field, Atlantic Telegraph Company, I really don't know why Steven took a fancy to this bankrupt company."
"Sir, the Atlantic Telegraph Company is not bankrupt yet!"
As the most well-known stockbroker on Wall Street, Anglefield certainly knows that "notorious" company.
"A few years ago, when the Atlantic cable broke and sank into the Atlantic Ocean, its stock plummeted. Now its market value is only worth..."
After taking out the paper and calculating it, Angerfield smiled.
"About 160,000 U.S. dollars. However, the total number of stocks currently circulating in the market is only 120,000 U.S. dollars, and there are 40,000 U.S. dollars of stocks under Mr. Field's name. Mr...."
Once again, Angerfield said in an extremely serious tone.
"Although it is war time, there are still many projects worth investing in in the United States, Atlantic Cable? Believe me, it is just a scam, a scam known to the world, Mr. Field has been ruined, why would you waste your money?
?”
Regarding Angerfield's reminder, Buffy shrugged her shoulders and said directly.
"Fortunately, I don't have a lot of money."
This trip to the South made almost a million dollars, enough to buy the Atlantic Telegraph Company.
However, he was full of doubts in his heart. Did this almost bankrupt company really have unlimited potential as Steven said?
Will this kind of bargain-hunting cost you all your belongings?
Stud is a kind of wisdom, but copying the bottom is also a kind of wisdom. Stud can make people bankrupt. Super can also make people jump off the building.
After so many years in the exchange, Buffett really doesn't dare to gamble. At least now he doesn't dare to gamble as much as he did in the past. After all, he has learned his lesson.
But the problem is that his guardian angel wants to bet, and this time he bets a lot.
…
John Pierpont Morgan was proud!
For him, this war, which has been going on for half a year, is simply a good opportunity to make money. A few months ago, when the war just broke out, he learned that there was a batch of scrapped old rifles in the armory of the Army Department in Washington.
Bought it immediately.
Later, Morgan contacted General John Frémont and offered to sell him 5,000 rifles at a price of $22 each. Frémont, who was short of weapons, bought this batch of weapons when he was hungry. In order to satisfy the other party
To meet the caliber requirements, Morgan did a very 'financial' thing and ground these original .50 caliber rifles into .52 caliber, but this might explode the chamber.
But what does this have to do with him?
He had already earned $110,000. As for the fact that these rifles were extremely unreliable and often exploded, and were sold by the army as scrap metal at a price of $3.50 each, it had nothing to do with him.
Right now, the most important thing is to use this war to make as much money as possible. After all, opportunities like this that are filled with gold are indeed very rare.
"Morgan, did you hear that?"
The Ketcham people shouted loudly before they came in.
"There's a fool buying up a lot of Atlantic Telegraph stock!"
"What!"
Hearing this, Morgan stood up in shock.
God knows, the Atlantic Telegraph Company was simply his disgrace. It was the biggest failure in his investment career. Or the only failure.
Fifty thousand US dollars worth of stock was wiped out like that, with not even a shadow left.
"Is anyone really buying its stock? How is that possible?"
Morgan asked doubtfully.
"Yes, I heard that it was a rich man from Chile. He seemed to think it was a pity that the cable was broken and sunk in the Atlantic Ocean. He may want to reconnect the cable."
The Atlantic Cable is actually a telegraph line across the Atlantic. From the day it was laid, that telegraph line was destined to attract the attention of the world, and of course it would also attract the attention of the capital world. It also attracted the attention of the fledgling Morgan, the only one in the world.
A transatlantic telegraph line, no matter how you calculate it, it is profitable!
So Morgan bought $50,000 in stock in 1857. A year later, the Atlantic Cable was finally laid. The successful laying of the cable was hailed as the achievement of communication of the century. New York City celebrated with parades and fireworks, which unexpectedly led to
The dome of the Town Hall was on fire. Even so, people cheered the achievement, and on August 16, with the successful communication between the Queen and Buchanan, the line of communication was officially opened.
At that time, the stock price of Atlantic Telegraph Company skyrocketed, and Morgan's investment increased several times, but what happened next?
Fate was cruel. First, the signals on the telegraph lines became increasingly blurry, and then North America could no longer receive clear signals from Europe. A few days later, the submarine cable was broken... broken!
Overnight, the former hero's reputation was discredited. This was not the most important thing. What was important was that Morgan's investment was in vain. The stock worth hundreds of thousands of dollars actually shrank by hundreds of times! It did not shrink, but turned directly into waste.
Paper.
Originally, this was a sad thing that he never wanted to mention in his heart, but who would have thought that someone was actually buying shares of Atlantic Telegraph Company right now.
"Doesn't he know that even if the cable is salvaged, it will have no meaning?"
Morgan asked.
Ketcham said with a shrug.
"Who knows? Morgan, the most important thing is to sell our stocks. If it is too late, it will be too late!"
"Do not worry."
Morgan's eyes flashed,
"We can wait a little longer. If we do some operations, we may be able to reduce some losses."
This chapter has been completed!