The Joseon Prince Went To America And Didn’t Return – 186



< Anti-Trust (3) >

“Congratulations sir.”

Executives from Morgan’s affiliates gathered in the conference room at Morgan’s headquarters.

They were constantly sweet-talking Morgan who was sitting in the center.

“Everything is as you expected sir.”

“Fortunately our affiliate received a one-year deferral of sentence.”

“In contrast your competitors will fall one by one because of this ruling.”

“That’s right. Look at Rockefeller who lives in seclusion with no contact with the outside world.”

In both the West and the East the flattery of traitors is the same.

They hyped up Morgan and made the rumors that were going around sound good for Morgan.

Among them was one bizarre story about Morgan knowing the future which made Morgan jump up from his seat in response to hearing it.

“Haha what are you talking about? You’re just spouting out nonsense just to make people listen to you.”

Morgan looked slightly upset.

But her face was brighter than ever.

As with everyone sweet flattery makes people feel good.

“I just got lucky. This time it was really close.”

But Morgan was not too intoxicated by the flattery of his vassals.

The difference between an incompetent leader and a competent leader is one fine line.

The question is whether he can center himself but Morgan was a great person who was very good at self-objectification.

“It seems like the antitrust lawsuit we had last time helped. There was sympathy in Congress and in Washington. And it was only because that bastard Teddy changed his mind at the last minute that we were able to avoid this ordeal.”

Morgan sighed in relief as he listed his beloved monopoly holdings.

“If not IMM and US Steel would have been forced to split up a week ago just like that Rockefeller company.”

The executives were silent at Morgan’s answer.

As Morgan argued if they had done something wrong they would have been the ones who would have been in trouble so they didn’t bring it up any more.

“Junior.”

Morgan suddenly called out to his only son.

Get notified for updates: https://discord.gg/93rmBjgP6B

“Come forward.”

He patted his son’s shoulder in front of the executives.

“If it weren’t for our son’s lobbying I would have been in big trouble too. It was all thanks to Junior’s secret plan that Teddy’s heart was moved at the last minute. Come on everyone clap your hands for Junior!”

“and.”

Morgan looked at her son with a pleased look.

At this Morgan Jr. was humbled.

“father.”

“Speak.”

“All this is thanks to my father who believed in me and gave me full authority.”

“….”

“Plus the stupid and greedy Teddy also played a part in overdoing it at the last minute.”

Morgan continued to listen to Morgan Jr. and soon agreed.

“That’s right. The natural way for wild beasts to kill their prey is to bite it in one bite. If given the chance beasts will eventually run away even if it means cutting off their own legs.”

Morgan continued speaking making all sorts of expressions as he recalled the face of Roosevelt whom he usually loathed.

“Teddy who loves hunting must know this well too… but he must have been greedy. He must have wanted to make his successor his own person. Isn’t that right?”

“you’re right.”

The executives standing nearby agreed.

Morgan smiled rottenly one corner of her mouth tugging at her lips.

“How dare you give time to the world-class Morgan… You foolish bear. Come on everyone get up. Shouldn’t you start earning your keep? There’s still one year left.”

“Yes sir.”

“I will keep that in mind.”

Roosevelt would have liked to have announced the forced breakup of the Morgan monopoly before the Republican primary a year later.

But by then the various scandals of the Roosevelt cabinet prepared by Morgan would have been plastered all over the press.

Because at the end of an administration a lame duck is bound to come.

Moreover since Roosevelt had been in the White House for ten years there would have been many corruptions he wanted to hide.

‘I can’t do whatever you want.’

The likelihood of Morgan’s empire collapsing as Roosevelt had hoped was slim.

At least that’s what Morgan expected.

* * *

“Father! Then I will also go out and prepare for this.”

“okay.”

As the key executives left the conference room.

Only JP Morgan and his closest aide Henry Davidson remained to continue their speech.

“Junior’s expression is beyond words.”

Morgan made a slightly displeased expression as he mentioned his only son who had left.

Then Henry Davidson began to look at Morgan’s face and explain why Morgan Jr. had a gloomy complexion.

“We may not know it but other New York capitalists have been hit hard by this.”

Join our discord and ping me to update more chapters. Discord: https://discord.gg/93rmBjgP6B

“….”

“Among them there are a few who are close to the master so he seems to be feeling a little uneasy.”

“Tsk tsk.”

JP Morgan clicked his tongue and thought of Lee Kang’s face.

“The world is basically black and white. Other managers are just competitors but you still don’t realize that.”

Henry Davidson calmed down a furious JP Morgan and presented him with a solid blueprint for the future of Morgan’s empire.

“Representative.”

“Tell me.”

“But if I bother you with this matter won’t the last headache be eliminated?”

Morgan’s frown softened slightly.

“Henry you’re right. That Rockefeller guy has completely fallen apart because of this.”

Meanwhile Morgan had been trying desperately to dominate the oil industry.

But Rockefeller along with Carnegie was truly an ironclad man.

It was Rockefeller who controlled more than 80% of the US oil market preventing Morgan from even entering the industry later.

“Well Rockefeller will probably end up like Carnegie. When you listen to the stories surrounding him you’ll start to hate misanthropy that you never had before.”

“you’re right.”

Henry quickly chimed in with Morgan’s response.

Morgan feeling relieved again gave the order to complete the last puzzle he did not have.

“Yeah. Standard Oil is buying stocks little by little right?”

“Yes. Separately from the short selling I am purchasing Standard Oil stocks through a newly established trust.”

Morgan pondered Deputy Henry’s answer for a moment before saying the following.

“The money earned from short selling will be immediately converted into cash and used to purchase Standard Oil.”

“Is that right?”

“okay.”

Henry disobeyed Morgan’s orders for the first time today.

“Wouldn’t it be better to wait until it gets a little cheaper? Look at Baron Rothschild. Aren’t they shorting Standard Oil right now?”

Morgan nodded.

Because it was true.

“You’re right. Standard Oil’s stock price is still going down. But…..”

“but?”

“Don’t you know where the bottom is?”

“ah….”

Morgan quickly added his next argument looking at Henry who was rolling his head.

“Furthermore once a certain amount of stock has been purchased I intend to propose one thing to Rockefeller.”

“You want me to hand over some of the management rights of Standard Oil to you? Just like you suggested to Carnegie?”

“okay.”

US Steel was not originally Morgan’s.

An object that Morgan had acquired by offering very good terms to Carnegie who was exhausted from continuous competition.

When Henry brought this up Morgan nodded in agreement.

“I think the same thing but I don’t think it would be much different if he were Baron Rothschild.”

Henry thought for a moment.

He then took something out of his briefcase and shoved a document at Morgan.

“Representative.”

“huh?”

“My thoughts are a little different. It’s an article in tomorrow’s morning paper.”

Henry Davidson summarized the material he had prepared and watched Morgan’s reaction.

“Although it won’t be on the front page the article will be published with a significant amount of coverage.”

“Jesse Livermore famous for short selling… is leaving Lee Kang’s arms?”

“Yes. It is said that the place where new nests are built is the trust company of the Rothschild family.”

“Heh heh.”

Morgan looked slightly bewildered.

hereto.

Henry continued quickly.

“It seems the Baron is very determined.”

“….”

“Why else would they have hired Livermore a short-selling expert? I heard he was offered a huge salary and extraordinary authority.”

“Really? This is a bit of a stretch for the Baron not like the Baron himself.”

Morgan tilted his head slightly.

It was quite different from the Baron’s usual behavior.

“I guess he’s doing that because he’s anxious.”

“unrest?”

“Yes. The Baron’s successor is his adopted son and nephew Walter Rothschild.”

“Yes. My only son died of tuberculosis a long time ago so I had to continue the family line through adoption.”

“yes.”

Henry compared Walter to the Baron and explained why the Baron was being unreasonable.

“Walter is worse than the previous Baron Rothschild. The only thing he has better than him is his personality. How can he make money?”

“No.”

Morgan nodded as well.

I had met Walter a few times so I accepted the rumors about him.

“The Baron is well aware of this so isn’t he being unreasonable? The Rockefeller side seems to be trying to widen the gap especially since there is the variable of Lee Kang.”

Only then did Morgan seem to understand why the baron was so impatient.

“Then let’s wait and see when the time is right. For now let’s transfer the stocks we own to the new trust.”

“Yes I will do that.”

* * *

“Really?”

“….”

“Are you really thinking of resigning from the American Trust?”

Moved east with Rockefeller.

Afterwards I heard about the American Trust where its representative Jesse Livermore made a surprising announcement.

“Yes that is correct Your Highness.”

This is a really important time right now.

Why at this time of all times?

The captain responsible for making important decisions is said to be absent.

I crossed my arms and furrowed my brow.

It was a very negative gesture.

“It seems like you’ve already made up your mind… So I’d like to hear the reason why I’m leaving.”

“Hasn’t it been about two years since Your Majesty the Prince ignored my advice?”

As soon as I finished speaking Jesse Livermore began to tear my lips away.

Just like all other office workers.

When I submitted my resignation letter I brought up bad memories that I had kept inside.

“That’s when the conflict between you and me regarding the additional investment in Standard Oil began.”

“Yes that’s right.”

Jesse Livermore wanted to short Standard Oil.

But for me who knew the future and moreover had Rockefeller as an investment target and ally this was something I could not tolerate.

like that.

Rejecting Livermore’s opinion.

I started building a system to make sure he couldn’t do that on his own.

“My authority is diminishing over time.”

“….”

“Your Majesty! I am Jesse Livermore. I am the man who made Morgan tremble with short selling in 1907. You can’t treat me like this.”

People should be good at self-objectification.

Jesse Livermore’s rise to fame began in 1907 and has been a major media sensation.

Originally his abilities were introduced to the public in an exaggerated manner.

That seems to have poisoned Jesse Livermore.

“Reducing my authority in this way is like cutting off my hands and feet.”

“So… you want to move to a place where you can move around more freely?”

“Yes that’s right.”

Even in the history of Yuan Jesse shorted Standard Oil.

‘And then it failed. Once.’

The problem with Jessie is that she’s trying to do something so big.

This tendency is to take in a lot of money at once when earning it.

When you lose you lose a lot at once.

I was thinking of controlling Jessie’s tendencies and using her as the head of my financial affiliate.

The most difficult thing was managing people and I couldn’t control Jessie as I wanted.

“I see. Well if that’s what you want… I guess there’s nothing I can do.”

I accepted Jesse’s resignation and said my final goodbyes.

“I hope you can fully realize your ambitions in your new job. Even though our relationship ends here I will pray for you.”

“thank you.”

Jesse Livermore bowed his head and gave me his final greeting in the Oriental style.

Just as he was leaving the American Trust representative office.

“Oh you.”

I asked him one last question.

“Before I leave there’s one thing I’d like to ask you.”

“Please speak Your Majesty.”

“It’s been a year since then. There’s been talk that someone within the American Trust has been leaking my account information. Do you know anything about this?”

“well.”

Jessie pretended not to know my question.

“I have heard that the audit team has been working diligently to investigate this but I have not heard anything about it.”

“okay?”

“yes.”

“Not a single word you just said was a lie.”

“Of course. I swear it on my name.”

“Okay I guess I’ll be going then.”

As I watched Jessie’s back as she left all sorts of memories flashed through my mind.

4 years ago.

He was a rookie investor who really needed my help.

“majesty.”

Secretary Choi Hyun-woo came into the American office where I was.

There was also a second-hand book next to it.

Lee Wi-jong was in charge of the Ikmunsa business in the United States and he also investigated those who leaked information about me within the American Trust.

“Are you going to just leave the author alone?”

Choi Hyun-woo glared at Jesse Livermore’s nameplate with a grin.

A plaque inscribed with the title Representative of the American Trust.

Yi Wi-jong carefully picked it up and threw it into the trash can.

“Isn’t that the rat that Mr. Rockefeller was talking about?”

“That’s right. Why would you just let a guy like that go away? Your Majesty!”

I chuckled and looked at Jesse Livermore’s seat where I had been sitting until just now.

“Even a rat can be useful sometimes.”

“….”

“Wouldn’t you like to go under the Baron and do your job right away even tomorrow? He must know our situation very well so he’ll act even more actively.”

It’s going to be a fun ride for a while.

The Baron too.

Livermore too.

Morgan too.

Roosevelt too.

Because I’ll be busy making a living.

I picked up the phone imagining a fun future.

It was to ask Rockefeller to postpone the follow-up announcement they had previously discussed for just one week.

< Anti-Trust (3) > End