749 Capital Position
Perhaps for ordinary Americans, one thousand dollars is already a huge sum. According to data from the US Bureau of Statistics in 1877, the total income of an ordinary American family in a year is probably this number.
One thousand dollars is simply not worth mentioning for Li Mu. Each Phantom Car produced by Junma Group usually has a profit of more than three thousand dollars. Junma Electric's home power supply system has a profit of more than two thousand dollars. As for the wireless telegraph machine just launched by Junma Communications, each unit has a profit of more than ten thousand dollars.
Don’t think that 10,000 US dollars is a lot. In fact, even if you are willing to pay 10,000 US dollars, you may not be able to buy it. Before the wireless telegraph appeared, wired telegraphs were usually tied to the railway. Wherever the railway was connected, the telegraph line would be there. There was no place for the railway to be built, and there was no chance to send a telegraph. Compared with wired telegraphs, wireless telegraphs can save more than 90% of the cost. Junma Communications Company does not sell wireless telegraphs to the outside world at all. They always have to wait until Junma Communications Company completes its layout before the wireless telegraphs will be sold to the outside world.
Yes, this is one of the privileges of monopoly enterprises. After the successful development of wireless telegraph, Junma Communications Company has the conditions to promote its business to the whole country. The former Junma Communications Company had an absolute dominance in New England and the West Coast, but this absolute dominance is not stable. Even in the Northern Republican territory, there are Pacific Rim Telecom and Northern Telecom and Junma Communications. These two companies belong to Central Pacific Railway Company and United Pacific Railway Company. In the south, AT&T is the biggest opponent of Junma Communications Company. Radio Telegraph gave Junma Communications Company the opportunity. As long as Li Mu is willing, Junma Communications Company can expand its business to the whole country in the shortest time. Including Southern State, Junma Communications Company can easily defeat all its opponents.
This is the power of technology!
Speaking of technology, this is the biggest advantage of Junma Group. Li Mu founded Junma Laboratory and invested huge sums of money in Junma Laboratory for several consecutive years. It was once a joke in New York. After all, for the 21st century, the "intellectual property" similar to the lifeline of the United States is still a strange concept in this era. Large enterprises in this era do not want to invest in technology research and development. Destructive plunder is the common method used by large enterprises. Li Mu fundamentally changed this concept and led Rockefeller and Andrew Carnegie to set up their own laboratories. Until now, no one has ridiculed Li Mu's huge investment. Countless businessmen are keeping a close eye on Junma Group. They all hope to keep up with the pace of Junma Group. Even if they can't get the biggest cake, at least they can make some leftovers. Don't think this model is sad. Even in the 21st century, this model has not changed.
After leading the progress of American science and technology, Li Mu was also thinking about what to do next and how to protect the interests of Junma Group to the greatest extent. The military-industrial weapons market standard is Li Mu's attempt. It is good, but it doesn't matter if it fails. Junma Weapons Company's current profit contribution in Junma Group is at the lowest level. Li Mu's hope for Junma Weapons Company is that Junma Weapons Company can bear the profits and losses themselves. In this case, profits are indeed not the issue that Li Mu is most concerned about. If the "Military Weapons Market Standard" has a further impact on Junma Weapons Company's profits, it will be a disaster for other companies. Even Junma Weapons Company cannot guarantee profits, and other companies are even unprofitable. As for a newcomer like Simon Steele, he is destined to be a victim of Li Mu's experiment. Sadly, even Washington will not be grateful to him.
For the United States, the "military weapons market standard" is also a beneficial attempt. When the Senate reviewed it, it encountered almost no obstacles and was passed on the first vote. Eighty percent of the members agreed with this proposal. There were slight twists and turns in the House of Representatives' vote, but after Henry went to the House to participate in a hearing, the "military weapons market standard" was also passed by the majority in the House of Representatives.
Both the Senate and the House of Representatives recognized the "military weapons market standards", and the president had no say. After Hayes issued a presidential decree and announced that the "military weapons market standards" became the standard of the US military market in legal form, he also called Li Mu. Of course, Li Mu was passionate on the phone. After expressing his determination, Hayes and Li Mu both got what they wanted.
Of course, in fact, both of them knew that their relationship could not be returned to the past. This could not be simply blamed by Li Mu or Hayes. It can only be said that they were "each for their own masters". They were both loyal to their respective classes, Hayes was loyal to the Washington bureaucracy and his own ideals, and Li Mu was loyal to the bourgeoisie and to business itself. There was no fundamental difference between Hayes and Li Mu, but the differences in the classes caused them to move further and further.
It's a bit regrettable, but neither Hayes nor Li Mu will look back because it has no meaning and cannot change the class contradictions between them.
The approval of the "Military Weapon Market Standard" will definitely have a certain impact on Junma Weapons Company, but there is still an unexpected surprise. In mid-February, James Garfield came to New York and made an appointment with Li Mu for dinner on the first night.
Li Mu did not treat James Garfield as an outsider, and prepared a reception dinner for James Garfield on the newly built yacht "Saint of Liberty". James Garfield's guest was Arthur, and Li Mu's guest was Rockefeller.
"Story of Liberty" is a yacht customized by Li Mu. The yacht is 89 meters long, 39.5 meters wide, 5.5 meters draft, and 5,700 tons of water displacement. According to the perspective of the 21st century, the proportions of this yacht are very inconsistent. In fact, the same is true. This yacht cannot drive out of the New York Harbor at all. As long as you arrive on the Atlantic Ocean, any wave comes over, the "Story of Liberty" will overturn, but there is no way. The yachts these days are like this. This is a mobile sea palace, which is basically two different concepts from the yacht in the 21st century.
Of course, no matter in any era, as a yacht, the facilities on the "Story of Liberty" must be perfect. There are all facilities that should be available, including banquet halls, concert halls, swimming pools, gyms, etc. In terms of decoration, Li Mu smashed nearly 400 kilograms of gold, and the 400 kilograms of gold is not conspicuous. The interior of the yacht is not magnificent, and it is full of luxury and glamorous nouveau riche style, which is rare.
As the former Speaker of the House of Representatives, Chairman of the Military Committee, Banking Affairs Committee and Appropriations Committee, James Garfield has never had such luxurious enjoyment as "Story of Liberty". James Garfield was amazed from the first moment he boarded the "Story of Liberty", but this did not surprise James Garfield. As a rich man of Li Mu, it is not an exaggeration to have a yacht like "Story of Liberty". From another perspective, this is also the glory of politicians like James Garfield-
Anything that happens in the United States, as long as it is slightly positive, can be regarded as the glory of politicians.
"It's amazing, Reim, thank you for your generosity." When James Garfield learned that he was the first guest of "The Goddess of Liberty", he sincerely expressed his gratitude to Li Mu.
Whether it is a rich man or an ordinary person, as long as he is willing to share his beloved things with others, this is a very generous move. Especially for people like Li Mu, even if James Garfield is successfully elected president, Li Mu does not need to compromise in front of James Garfield. What's more, James Garfield still needs Li Mu's support to get more chances of winning, which is even more commendable.
"James, it is my honor to be able to share my happiness with friends." Li Mu would of course say hesitantly. Since everyone has come, he has to do the full set of acting. If he has invested enough money, he will get enough rewards.
"You really want to buy a yacht like this, but I guess I can't afford it." Rockefeller's envy was beyond words. This was also a polite statement. Rockefeller was not that he couldn't afford it, but he was reluctant to let it go. Although he had a bad reputation, he was still a frugal person, which was a very good advantage.
Such a yacht costs about $1.5 million. If Rockefeller is willing to buy it, of course it can be affordable. However, this price does not include the decorations on the ship. Li Mu spent a lot of money on decoration. Even any mural in the corridor is made by famous artists. Many of the oil paintings were borrowed from the Junma Museum at all, and the value in this aspect cannot be measured.
To support a museum, the exhibits are not just those on the surface. Li Mu has spent a lot of money on collection over the years. As long as they can buy Eastern and Western cultural relics, Li Mu swept away all of them. With such a big deal, the cultural relics collected are also extremely terrifying. The Junma Museum can display about 1,500 exhibits in daily life. Even if it is replaced once a month, the Junma Museum can be replaced for twenty years. Therefore, many cultural relics are piled up in the basement of the Junma Museum without seeing the sun. Borrowing them for yacht decoration can be considered as the best use.
In addition to cultural relics, other aspects of decoration are perfect. Even some inconspicuous small details, such as the door handles in the room or the carpet in the foyer, are valuable. All of the door handles are made of gold, and most of the 400 kilograms of gold are spent on this. As for carpets, they are handmade cashmere carpets imported from Turkey. Two hundred years ago, this kind of carpet was priced at gold.
"It takes money to earn US dollars. Only by spending them is the meaning of the US dollar. Otherwise, it is just cold numbers in the bank account and has no meaning." Li Mu's understanding of finance is not much worse than J.P. Morgan, at least much better than Rockefeller and James Garfield.
Money is only meaningful to the poor. For the rich, the meaning of money has dropped significantly. At the level of Li Mu and Rockefeller, the gap has also widened with ordinary rich people, so their views on money will be more detached. This is just like time. For the poor, time is probably the least valuable thing, but for some people, the value of time cannot be measured by money at all.
"Of course you are qualified to say this. Time magazine belongs to your family. Don't use your fallacies to deceive me." Rockefeller was a little unhappy. Even if there were outsiders, Rockefeller would argue as soon as possible.
This is also good, and such a relaxed atmosphere will make James Garfield feel more relaxed and easier to get closer to each other.
"When it comes to Time, Reim, I heard from Chester that you are preparing to set up News Corp." James Garfield is very interested in Time. Now, everyone has fully realized the power of the news media. If you want to make achievements in politics, you must gain the support of the media. Fortunately, Li Mu controls the largest and best-selling newspaper in the United States.
"Yes, I've been preparing for several years, but it's not easy. You know, some people are staring at me, and some even say that Time magazine is the trust of the newspaper industry. This is simply nonsense. I have never thought so and never done so. Only more excellent newspapers will emerge will the media industry be more developed." Li Mu was not restrained when he should sing high-profile. When he didn't take eye drops at this time, maybe he left a good impression on James Garfield. After James Garfield came to power, Li Mu would be able to be free for several years.
"The media industry does not need to be developed, just enough." James Garfield doesn't think so, and it seems that he doesn't have much favorable feelings for the news media.
Different perspectives on the problem will lead to different answers. From the perspective of a businessman, Li Mu certainly hopes that the entire industry will flourish. Then, the rise of Time magazine will have greater value.
James Garfield obviously does not understand this way. The media industry is very important, but the controllable media industry is more important. Things often have two sides. Controllable news media will become good helpers for politicians. Those that are uncontrollable are the enemies of politicians, which highlights the importance of the "news control system". However, in this day, Li Mu does not need to propose it. James Garfield only has a vague concept and does not understand it thoroughly enough.
Speaking of the "news control system", many people criticized the Republic's news management system for not being free enough in the 21st century. In fact, this is a prejudice. If you know the Western news media, you should know that the "news control system" does not exist only in the Republic. Western countries have greater control over the news media. That is the real control and does not give opponents any chance. At least the Republic still has the South to sing the opposite tune. Does the West have it?
Chapter completed!