Rebirth of the Wealthy American Chapter 286

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In the context of the economic crisis, Li Mu's land volume increased without decline.

The Abil Mobilier Credit Incident triggered a crisis of trust for North Pacific Railroads, which eventually led to the bankruptcy of Jake's financial company, which in turn triggered the economic crisis of 1873.

The outbreak of the economic crisis in 1873 had his deep-seated reasons and inevitability. Even if the Mobilier Credit Co. was not in trouble, it would be detonated by other incidents, which had little to do with Li Mu.

What the economic crisis has brought to the United States has yet to be verified, but for now, Li Mu's Steed Investment Company is the most profitable.

In the frenzy of railroad development more than a decade ago, in order to attract private investment, the US government gave 30 km of land along the railroad to individuals for free. North Pacific Railroad took advantage of this major advantage and after building the Pacific Railroad, With nearly 40 million acres of land, nearly 7 million acres have fallen under the name of Li Mu, and the other 32 million acres have been paid off by the North Pacific Railroad Company.

When the North Pacific Railroad was forced to take out land to pay off the debt, Wall Street was in a state of sorrow at that time. Every day, commercial companies announced bankruptcy. Every month, securities companies announced bankruptcy. Countless people lined up from the highest in Manhattan. Jumping upstairs, as for the value of these lands--

Let's put it this way, if you take a map of the world and go to Manhattan to find pedestrians and let them find out the location of Illinois, half of them can point you to Australia.

That's right, the geography of the United States is so bad, just like their math.

Naturally, Li Mu will not let go of this opportunity. When an acre of land only needs 50 cents in the market, Steed Investment Company began to eat it, eating it indefinitely, how much is required, and all cash payments.

By November, Junma Investment had acquired more than five million acres of land in the market, the size of which was 20,000 square kilometers.

If you add the 7 million acres of land previously acquired by Li Mu, the amount of land in Li Mu's hands has exceeded 12 million acres, with a total area of more than 48,000 square kilometers, equivalent to 19 thousand square miles.

How big is 19,000 square miles?

The area of Massachusetts where Li Mu is located is approximately 7,800 square miles. The land under Li Mu's personal name is nearly four Massachusetts.

So far, Li Mu can be proud to say that, regardless of whether Li Mu has become the richest man in the United States, Li Mu is already the leading rancher in the United States.

For the entire United States, no one owns more land than Li Mu.

So much land must be cultivated. At this time, there is no agricultural machinery in the United States. Farming land requires human labor, especially wasteland. This is definitely a hard work. Even if Li Mu brought all Chinese in the United States to Illinois and the United States, Indiana's farming is just a sloppy job. Each of them needs to cultivate 80 acres, which is equivalent to 480 acres.

In an age without agricultural machinery, this is a desperate number.

Therefore, there is a team in the Steed Lab that is a power research team, and they strive to complete the design of the engine as soon as possible. This is not only the personal needs of Li Mu, but also the urgent needs of agriculture.

Li Mu paid a lot of money for this. Before Christmas 1873, as long as the engine design was completed, Li Mu would give $ 10,000 as a reward for each day in advance.

In order to get the reward, Mr. Franklin, the new dean of MIT, has moved to the laboratory and vowed not to finish designing without bathing, cutting hair, or shaving--

Er, Americans have a strong original taste, so the smell of the laboratory can be imagined.

At Kubin Reservoir, Li Mu inspected the ongoing reservoir construction.

This is relatively simple. When Junma Weapons Co., Ltd. built the factory, it had reinforced the shores of the Connecticut River in order to prevent water and floods. Therefore, some of the workers at Junma Weapons Co., Ltd. had construction experience.

Compared with the period when the Steed Weapon Company was built, now there are more staff and more experience, so the progress is very fast. In half a year, the lake bottom dredging project has been completed for most of the time, which is much more than the designer hired by the Springfield government. It is expected that, according to the designer, if the same number of Irish people are to carry out this work, it is likely that by next year, they may catch up with the current progress.

In other words, the Chinese are three times more efficient than the Irish.

It 's not good if you do n't speed up the progress. Li Mu's salary to the workers is 30 dollars per month. There are more than 30,000 workers on the site, and the monthly salary is more than 900,000 dollars, plus other food and drink. It's easy to spend more than one million US dollars a month, so it seems that the Springfield government paid a lot of 15 million. In fact, it is really used in engineering, and it is not enough to be careful.

For projects such as Kuobin Reservoir, the construction cycle in the United States is generally calculated in units of years. Therefore, Amis handed over the Kuobin Reservoir project to Li Mu at first, but it did not mean to dig a pit for Li Mu. As a matter of fact, Li Mu has not fallen into the pit, but Amys died first.

It is so regrettable.

For that matter, Li Mu was still reluctant: "Go to Mr. Bruce Motley, we need additional investment."

If you go on like this, let alone make money, even if you do n't fold in the old man, luckily, Li Mu doesn't want to try hard.

"It has been found, but Bruce Motley said that the Springfield government is unable to add it now." Sidney Johnny helplessly spread his hand.

The money needed to build a reservoir is indeed too much, and it has exceeded the capacity limit of Springfield. Bruce Motley did not quit, he did not dare to quit, he was really powerless.

"Well, let me handle this matter." Li Mu took over the work and said that he had to go to Boston.

Boston is the seat of the Massachusetts state capital. Since the construction of the Broad Shore Reservoir is beyond the responsibility of the Springfield City Government, the state capital needs to lend a helping hand, and Runkel is the new Massachusetts senator. Not without acquaintances.

After a hard trip to the Kuobin Reservoir, I definitely can't go around the construction site. Li Mu also stopped by the workers' dormitory area, rest area and entertainment area, and had a meal with the technical staff on the site. Return to Springfield.

On the return journey, Ford Benjamin and Li Mu rode in a carriage.

Ford Benjamin was regarded as Li Mu's ancestor. When Long Street was attacked, Ford Benjamin also suffered several injuries on his body. He personally sent away the Amis family, which won Li Mu's trust.

Although Ford Benjamin did not go to Cuba with Li Mu, Li Mu did not treat Ford Benjamin. Li Mu gave Ford Benjamin a ranch at the Kubin Reservoir, and then arranged for two of Ford Benjamin's younger brothers to work at Steed Investment Company. At the same time, Ford Benjamin also has a part of the shares of Steed Weapon Company. Although it is not transferable, the annual dividend is enough to be enviable.

Yes, Steed Weapons Company has not yet reached the profit period so far, but this does not affect the Steed Weapons Company's dividends. As Christmas approaches, Li Mu is not hesitant to take out one million US dollars as the Steed Weapons Company's bonus this year. Will, Zhang Leye, Cao Anran, Chad, who is now the director of the Springfield Police Department, Brest, who serves as Will's lieutenant, and Ford Benjamin, etc., are all eligible to participate in the dividend, each person can at least Get five thousand dollars.

This was $ 5,000 in 1873, and it was also $ 5,000 during the economic crisis.

"In the half year you were away, something happened in Springfield. In August, because white workers were not recruited on the side of the Kuobin Reservoir, there was a crowd in Springfield, and the white supremacy and the Three Ks Especially happy, both the police station and the rifle association helped a lot. During the operation, two police officers died and four militiamen were injured. They all received their due pensions and their families were properly taken care of. Springfield currently has no People dare to make irresponsible remarks about the Kuobin Reservoir, but generally they are not optimistic. You know, during the economic crisis, some people will be unlucky. Those unlucky eggs do not find problems on their own, but are habitually angry at people. Just two months ago, an anti-Chinese campaign broke out in San Francisco, when eight Chinese were murdered— "Ford Benjamin reported the dark side news that had happened in the past six months.

Ford Benjamin is the secret son of Li Mu who stayed in Springfield. Although Li Mu is in Cuba, he will not relax the monitoring of Springfield. There are some things that are not suitable for Zhang Leye to come forward. Ford Benjamin specializes in this kind of dirty Live tired.

For now, Ford Benjamin is doing pretty well.

"San Francisco-how does the local government handle it?" Li Mu's business has not yet expanded to the west coast. Although San Francisco is a transit point for Li Mu's immigration from the Qing Empire, people from Steed Investment Company take care of it, and the safety of immigrants need not be worried.

Junma Investment Co., Ltd. still has limited ability to take care of these new immigrants. It is already inadequate to take care of the old immigrants who have settled in San Francisco, and those old immigrants have become the target of some "racists".

"Not so good, neither the local government nor the police station did anything. On the day of the riots in San Francisco, they were almost inactive. They only arrested a few people symbolically for a few days after the incident. Release. "Ford Benjamin had no extra expression on his face, and did not mean to observe Li Mu's reaction, so he said it in a near-statement tone.

"No evidence-huh, good!" The anger in Li Mu's heart rushed up immediately. Does such a thing need evidence?

It's really not necessary for Li Mu.

Chapter end

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