European Financial Emperor chapter 70

European Financial Emperor 70

070 Those who prepare for the future (1)

Recently, Lee Hwan merged railway, telecommunications, construction, chemical and medical research institutes into one.

This is because Lee Hwan was determined to be the core technologies that will serve as a foothold for East Stellar’s future growth.

The existence of the so-called ‘Future Research Institute’ was giving a tremendous synergy in researching the future value of East Stellar’s real estate.

However, now is the time to boldly divide this future research institute.

“The railway track construction and telecommunication temporary divisions will be merged with the construction and remain in the Netherlands, while the rest will all go to North America. Get ready.”

“You have made a decision.”

The head of the Future Research Institute, Jude Rose, was an active supporter of Lee Hwan’s decision.

He thought that it would be desirable to move to North America for Eaststellar to develop further.

“Chemical laboratories and medical research hospitals that produce concrete and petroleum products will also be relocated to North America, while products frequently used in the construction industry, such as concrete and asphalt, will be produced in the Netherlands. But the research will be done in North America, especially for petroleum products, which will have to be imported, processed and sold locally in the Netherlands.”

“It is the right decision. The demand for refined gasoline and diesel is rapidly increasing as the machines we have recently supplied consume petroleum products. Now, oil is getting the spotlight as a fuel to replace coal.”

The market landscape is always changing.

In a nutshell, the development of oil will become a decisive growth engine in leading the future market.

For this purpose, Lee Hwan was concentrating on building a kind of defense base near the oil field owned by East Stellar.

Technological development for him was rapid.

“How is the construction of the base near the oil field going?”

“We have the technology to obtain high-purity gasoline and diesel, and we have the chemical technology to develop gloves and concrete. Now, we expect to be able to utilize the technology in a timely manner in the field that the president wants.”

“Um, that’s good.”

“The recent nerve war between Britain and the Ottoman Empire has made the situation more favorable for us to deploy artillery in oil fields. In the name of protecting property in Britain, the Ottoman Empire was able to negotiate with the gold it had paid so far. So we are building a wall with armor and concrete, and there are 200 men each armed with cannons and firearms.”

“From now on, let’s bring in more people there by attracting locals and developing shops near the oil fields.”

The most important thing to protect the property is to build the city with East Stellar holding the nearby commercial area.

For him, Lee Hwan was willing to spend any amount of money.

So, to paraphrase this, now it is a situation where you have to earn more money to protect your property.

Recently, Lee Hwan has been busy developing another item for this purpose.

It was the development of railroads.

“How many trains can be produced per year?”

“Once you hang on without a break, you can make at least five or six.”

“Hmm… … . It is not an easy task.”

“It’s okay to make and assemble parts, but the bigger the body, the more difficult it gets as the assembly progresses.”

“Well, this isn’t an assembly on a scale that can be put on a conveyor belt and stamped out.”

“Yes, it is.”

Taken from noblemtl.com

Making and selling trains will bring you much more profit than you think.

One problem was that the production time was too long.

“It’s difficult if the product turnover is too low.”

“But there is no way.”

Lee Hwan thought quietly.

At present, what is the most efficient way to make a train?

“You can join the steel plates together by welding.”

“Welding?”

“Not long ago, the Royal Society of England announced what was called an electric arc. Do you remember?”

“It’s arc discharge… … . I think I heard a theory about some kind of insulation breakdown in the early 1800s.”

“okay! That’s the arc discharge. It will be able to bond metal to metal.”

“Well… … . I think I’ve heard of such a theory. But I don’t think I’ve ever seen a case where it was actually devised and written in such a way.”

“So we have to develop it.”

Even today, East Stellar was still in its infancy for evolution.

***

In the end, ESM accepted Eaststellar’s terms.

However, when the conditions created by Eaststellar were introduced into the UK market, confusion arose.

“They issue subordinated bonds to pay us for guns. Thanks to that, the pound price jumped a bit. It is analyzed that ESM has adjusted the investment grade.”

“Does the currency value jump even though there is a clear account deficit?”

If Britain’s balance of payments turns into a deficit, the value of the pound will naturally fall, and the value of royal bills and government bonds, which are valued in silver, will also fall.

As Hana Eaststellar intervened in the market, an absurd phenomenon was taking place in which demand for bonds increased and the value of money increased by granting investment qualification conditions.

Charles Morgan, who came to England under Yi Hwan’s order, simply stuck his tongue out at Lee Hwan’s skills.

“… … The baron is really not an ordinary person.”

“It really is. However, the British government has urged the collection of bad debts in the Manchester Industrial Zone and the operation of the factory. As the money supply increases, we begin to mobilize funds for economic recovery.”

Charles Morgan, following Yi Hwan’s instructions, had negotiated with Britain to purchase a factory complex near Manchester at a low price and promised to produce textiles and industrial products there.

But he still had a lot of trouble.

“It’s good to be in production. But where do you get all that stuff?”

Charles Morgan’s cousin, Hans Morgan, entrusted Lee Hwan with the power to negotiate with the UK through ESM’s terms and conditions.

He offered Charles a breakthrough.

“The current mood in the UK is not serious. Aristocrats are converting their cash assets into gold, and further disposing of land and factories. In addition, the textile and steel sectors are seeing a boom in demand due to a significant increase in demand.”

“Hmm, it’s similar to what it was like just before the war of the past broke out.”

“That’s right. It was one step before the outbreak of war. War risk is also included in the credit rating adjustment, according to the credit rating adjustment conditions passed on from the head office a while ago. That’s why we directly intervened Eaststellar into the UK market as we do now.”

“Right… … .”

“It is also said that France is procuring more firearms than necessary. France must be up to something.”

“In this case, in all probability, there will be war.”

War always carries signs like tags.

Signs like that are now appearing everywhere, so I could use it a bit.

Charles Morgan slapped his knee in a grave that his cousin had suggested.

“How about using some war specials?”

“Yeah, we can use war! Let’s find out from the plate right now.”

“Yes, brother.”

“No, by the way, if the situation is like this, shouldn’t our headquarters also come up with some countermeasures?”

“Anyway, we are preparing to relocate our headquarters to the United States. It is a secret operation, but it is said that all of our core power will be transferred to New Literkirk.”

“… … Oh, you’re the boss too. So shouldn’t we also plan to move finances from Europe and divert them to North America?”

New Ritterkirk is a good place for people to settle because it is several dozen times larger than the land East Stala has in the Netherlands.

Considering its size, it would be about one or two countries.

In such a land, if a new foundation was laid with the money earned so far, sufficient development could be achieved.

“Please take the lead here. I need to see the baron.”

“You go.”

Charles Morgan left the company with Hans Morgan and Eaststellar’s trusted accountants and headed for headquarters.

***

Late at night, Lee Hwan had a secret talk.

Among the mercenaries from Africa, he had an interview with those who had combat experience and were good at terrain exploration.

Lee Hwan pulled out the entire map of western North America in his head and began to draw it on parchment.

The shape of the coastline, the topography of the mountains, and the things to be careful about here were carefully written on parchment.

“You have to explore this place.”

“Is there anything we need to find out on the expedition?”

“It’s golden.”

“… … Gold!”

“This land is our territory. However, there is a concern about wild animal attacks, and there is a strong possibility of causing friction with the Indians or fur traders. However, one day, we will have to establish a development base here and create a gold mine. If we do that, we will become super-rich.”

“Oh oh!”

“But you will have to risk your life. We have to figure out the exact location of that place and find a place to build the fortress.”

Together with Lee Hwan, they forged a friendship through life and death, and recently earned enough money to live in the Netherlands.

There were subordinates under their own control, and there were family and friends waiting for them.

They made a decision.

“good. I will go.”

“If we find a gold mine, I promise to take a 0.5% stake. The gold that is sleeping here is enough for a few countries to have an accident. Do you know what such a share means?”

“… … of course!”

“But you have to come back alive. If you die, this journey is meaningless. It is not possible to confirm the presence or absence of gold mines, and the development of gold mines will be delayed under the judgment that safety is not secured.”

“No matter what happens, I will come back alive.”

“good. Follow me.”

Lee Hwan took them to the secret room in the basement of East Stellar Company.

In the secret room here, the equipment Lee Hwan had made for the exploration was hung.

He first handed me a pair of clothes made of fur and special cotton yarn.

“We move with a minimum number of people. So, I prepared only 20 clothes. But the density is high. With this kind of fur, you’ll be able to sleep in the snow in the middle of winter, and at least you won’t get pierced by an arrow or a knife. I woven cotton yarn in layers.”

“iced coffee!”

“The shoes and the hat are made of rubber and fur, and I have two pairs just in case. It can be used on snow and has spikes so it will run well on ice.”

Lee Hwan provided everything necessary for survival, such as backpacks and sleeping bags.

But the most important thing was the gun.

“Due to the nature of the terrain, I can never carry a lot. We will give you one pistol and one bolt action sniper rifle, but you should only carry as much ammo as you need.”

“Then why not bring a few with crossbows and longbows? We are confident that we used bows and swords before we got here.”

“Oh, that’s a good idea.”

Arrows were light and easy to carry, which could have been much better than carrying loads of ammunition.

Besides, it was nice to be able to use it by cutting wood if I had a car.

“I’ll put a feather in your sleeping bag. Cover it and sleep with it, and in case of an emergency, use it as a flagpole for arrows.”

“All right.”

“I have to make my own bow, so please leave in a week.”

Lee Hwan decided to make the items necessary for survival.

He learned the skill to craft a bow through the knowledge of the dead, so he will be able to commission technicians to make the best crossbows and longbows.

The next day, Lee Hwan went straight to the workshop.

Lee Hwan made the bow foldable and devised a slightly special bow string.

“Can you make it like this?”

The craftsmen who received the blueprints demanded three days of time.

“In three days, I will create a surprising piece of art.”

“When the artwork is made, bring it to me without telling anyone. Did you know?”

“Is this a secret operation?”

“The fate of our Eaststellar is at stake.”

“all right. not like that.”

If this gold mine excavation is successful, Lee Hwan could dominate the world financially.

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