241 High-quality assets
So far, Morgan has helped Li Mu issue 16 million US dollars in Cuba government bonds, which is not a small amount for the current Morgan consortium. For both reason and reason, Morgan should come to Cuba to take a look. This is a responsible attitude towards his own investors.
Yes, there are investors behind the Morgan family. Morgan is not yet capable of covering up the world in the American financial industry. Simply put, Morgan is just one of the spokespersons of Wall Street tycoons.
The Morgan family was also very lucky. If it weren't for the Civil War that the Rothschild family withdrew from the US market because of the detriment of the US economy, the Morgan family would not even have the chance to make a comeback.
Three days later, Morgan's passenger ship arrived in San Diego.
Li Mu and Benjamin went to the port to greet Morgan.
With Li Mu's support, the United States of Cuba was still very efficient. In order to rebuild Colombia as soon as possible, Nelson mobilized at least 50,000 workers in the "work-for-relief" method to participate in the reconstruction of Santiago.
The Port of San Diego is located on the central axis of San Diego and is the first area to start construction. In Nelson's plan, the rebuilt San Diego Port has a well-equipped marina, a huge warehouse area, a convenient transportation office area, and a living area for port staff to live.
The first step in rebuilding the port is to widen the road. Santiago, as the second largest city and second largest port in Cuba, has insufficient urban supporting facilities. The road leading to the main urban area from the port is only less than five meters wide. Such traffic conditions will definitely not meet the transportation requirements. Nelson's first step is to upgrade the stone-paved road into a highway, and at the same time, the width must be expanded to about twenty meters, and a railway from the port to the Santiago Railway Station is also to be paved, so that it can barely deserve Santiago's status in Cuba.
After seeing Nelson's design drawings, Li Mu further asked to widen the road to 50 meters, and green belts should be left in the middle and on both sides of the road. There are sidewalks on both sides of the street, and expressways for horses and carriages in the middle. At the same time, crossing overpasses for pedestrians should be built. After the new road is paved, it will not need to be renovated for at least 50 years.
For fifty years, this is a hurdle. The port lease rights signed by Li Mu and the United States of Cuba are fifty years. That is to say, within fifty years, the Port of Santiago belongs to Li Mu. Li Mu has the right to set tax rates and collect taxes in the port and the living areas affiliated to the port. The United States of Cuba only has ownership, but does not have jurisdiction.
Sounds familiar?
Yes, this is Li Mu's concession in San Diego.
With this agreement, Li Mu can finally make drastic moves. It can be said that Li Mu is now responsible for the construction of the port area, and the Government of the United States of Cuba has no right to interfere.
Here we need to explain that although San Diego is a coastal city, it is not a frequent sea city. It takes about seven kilometers to enter San Diego Bay from the Caribbean Sea to reach San Diego Pier.
Currently, San Diego is an east-west city. The city is about four kilometers long from east to west and three kilometers wide from north to south. The urban population is about 30,000, and the total population is about 200,000.
The port area planned by Li Mu is about five square kilometers. In addition to the wharf and warehouse, the office area covers an area of about one square kilometer, and the living area is larger. If Li Mu is willing, he will walk along the coastline in the east and west directions, and he will draw as big as he wants.
Now the port area has started construction. Li Mu transferred more than a thousand workers from Guantanamo to level the land on the port area, and the dock has also begun to expand and reinforce. In order to prevent the attacks of the Spaniards, Li Mu also needs to build two forts at the entrance of Santiago Bay, so as to ensure that Li Mu's assets are foolproof.
It is actually very easy to build a fort. The narrowest entrance to the Bay of Santiago is only more than 200 meters wide. It is basically impossible for the Spanish to attack Santiago from the sea. Unless they land from other places, the Spanish will never succeed.
At twelve o'clock in the morning, the passenger ship on J·p·Morgan slowly drove into San Diego Port.
"Mr. Morgan, welcome you to my kingdom-" Li Mu was not humble at this moment, and he was fully qualified to say so.
"Oh, my dear Reim, I'm so happy to see you, your achievements are impressive." J·p·Morgan gave Li Mu a big hug, and his tone was as enthusiastic as finding a brother who had been separated for many years.
"This is because of your support, otherwise I can't do anything." Li Mu said this sincerely. Without Morgan's national debt, Li Mu would not want to pay his own money to support the United States of Cuba.
"Hahaha, I have good news to tell you that the second phase of Treasury bond sales are very smooth, and 80% have been sold at present. I believe that if you want to add it, you will get more support." Morgan came with money. It seems that Morgan and the tycoons behind him are optimistic about Li Mu's work.
"Thank you, but in a short period of time, I have no plan to add treasury bonds." Li Mu doesn't want to sell too many treasury bonds. There are additional conditions for selling treasury bonds, and Li Mu doesn't need too much money in a short period of time.
Li Mu was not busy asking j·p·Morgan to the military camp. He first asked j·p·Morgan to get on the carriage, and then inspected the construction work of the port area.
Looking at the huge port area and the hard-working workers, J·p·Morgan sighed: "This is the meaning of our investment. Seeing new cities rising from the ground and skyscrapers standing tall, what else is more fulfilling than this?"
"Some, for example, investing in a country--" Li Mu's ideal is greater, at least than Morgan's current ideal.
"Uh, country - Reim, I have to say, your courage is amazing." J·p·Morgan looked at Li Mu with a brilliant look. There were more rich people, but not many people with ideals.
"Let's go, let's go to the San Diego military camp and let me introduce you to the meaning of investing in a country." You're welcome. As a time traveler, Li Mu's vision is absolutely the leader in this era.
The military camp has been much deserted these days. Some of the soldiers under George Dewey went to help Li Mu collect sugarcane, and the other soldiers had to supervise the construction of San Diego. George Dewey was not upset and simply took the remaining troops to El Cristo. Therefore, only two or three thousand new recruits recruited recently were being trained in the military camp, which made the large military camp look a little deserted.
When he arrived at the study on the second floor of the residence, Li Mu casually pulled open the curtain on the wall. Behind the curtain was a huge map of America.
"Cuba has two super-large ports, one in the south and one in the north, both natural ports with good conditions. Santiago is on the south and Havana is on the north. The capacity of these two ports accounts for more than 95% of Cuba's national capacity. Now I am honored to inform you that I have signed a contract with the United States of Cuba. In the fifty years from now, Santiago is my territory." Li Muzhi was proud and looked at the map and felt excited.
"To be honest, in terms of geographical location, Santiago is not as good as Havana." There was a burning look in j·p·Morgan's eyes when he looked at Havana. If Li Mu could also control Havana, then j·p·Morgan could add government bonds without hesitation, and no upper limit would be set.
"No, no, no, I think on the contrary, for the moment, Havana is indeed prosperous than San Diego, but in the long run, San Diego has a better advantage than Havana." Li Mu said, drawing a circle around the Caribbean Sea on the map: "Please see, San Diego is located in the Caribbean export, starting from San Diego, and can radiate to all countries along the Caribbean coast. We all know that South America is the source of raw materials for the United States and Europe. If these raw materials can be processed in San Diego and then shipped to the United States and Europe, it will not only save freight and capacity, but also create endless value for San Diego. From this perspective, as long as this goal can be achieved, San Diego's status will be raised to an unparalleled level."
If we talk about exporting sugar alone, Santiago is indeed not as good as Havana. Havana is the colonial nest of the Spanish. The Spanish have been operating around Havana for hundreds of years, so Havana's economy is definitely more developed than Santiago.
However, it may not be certain if it takes a few decades. In the 21st century, the northwest of Havana, Cuba, only accounted for 30% of the country's sugar production, while the southeastern part of Santiago has accounted for 50% of the country's sugar production, so in terms of sucrose potential, Santiago has more advantages than Havana.
The second is the processing industry. Santiago is surrounded by mountains, and Mount Maestra and Mount Puglia have countless mineral resources. As long as these mineral resources can be fully utilized, Santiago can become an industrial center in the Caribbean.
You should know that the United States has not blocked Cuba now. Instead, because of someone, the United States and Cuba are almost wearing the same pair of pants. If Li Mu can take advantage of this advantage, Santiago will surpass Havana to become the largest city in Cuba, and even the largest city along the Caribbean coast is just around the corner.
"San Diego—" j·p·Morgan touched his chin for a long time, then suddenly stood up and suggested to Li Mu: "So, let's talk about cooperation."
cooperate!
That's right. If you can get together, you will benefit from it. It's really good to be happy for everyone. It may take more than ten years or even decades to achieve your goal, and by then it will be almost time to return Santiago to the United States of Cuba.
Chapter completed!