The Joseon Prince Went To America And Didn’t Return – 91



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It’s quite a distance from New Jersey to New York.

It wasn’t as far as going from west to east but it was a bit too far to travel by carriage or car.

So Rockefeller and I took the train to New York.

Hahaha- haha-haha-

We were able to have a long conversation while sitting in first class.

Rockefeller opened his mouth with a continuous smile as if he was in a very good mood.

“You were alone with my nephew late last night. What did you talk about for so long?”

He bent down slightly toward me and whispered.

I recalled what had happened the night before and told Rockefeller exactly what had happened.

“We talked about charity and art.”

“Charity and art?”

“yes.”

“I have known for a long time that the Prince was interested in charity work but I did not know that he was so interested in the arts. I must make a separate note of this.”

Did you really not know?

This inspiration tank.

It seems like he surprisingly has a sneaky side.

‘I’ve been participating in art auctions regularly and have bought a lot of different things.’

If he were a great man like Rockefeller.

My whereabouts can be discovered in just a few steps.

The Rockefeller before me was so preoccupied with his marriage alliances that I couldn’t take everything he said at face value.

I half-listened and told Rockefeller the rest of the story I had shared with Ethel.

“My nephew has a deep knowledge of medieval and modern art. He has always been interested in that field so I thought I would give him a few words…”

Okay-

Rockefeller responded to my words by clapping his hands once.

“Oh my. Even our hobbies are so similar… It seems like God has really decided to bring the prince and my nephew together. Hahaha- haha- haha-”

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I kept my mouth shut and did not answer Rockefeller’s question.

At this Rockefeller stopped laughing and gave me a word.

“My nephew is getting older so please keep me posted at least until we get back to San Francisco.”

“All right.”

For a moment I pictured Ethel Rockefeller’s face.

‘Not bad as a companion.’

Now that I think about it it’s time for me to get married too.

Because I just turned thirty this year.

‘If it’s your first marriage even for a man you’re already at an age where marriageable age has arrived.’

Because I went there once.

And because I don’t have parents in the US who would actively push for my marriage.

The pressure is less.

But the problem is that I am royalty.

The fact that I don’t have an official successor is only going to become more of a problem as time goes on.

I couldn’t really enjoy my single life because those who were close to me were bringing up this issue one by one and putting pressure on me.

‘Marriage to a foreigner…’

It’s the same in any country.

It is not easy to accept a companion with a different skin color.

Even Rockefeller must have had a lot of concerns before introducing his nephew to me.

‘I’m a little worried about the Korean residents but…’

Recently love blossomed between a Korean resident and a white woman and the two ended up getting married.

Some people looked at it with disapproving eyes but the majority blessed it so I think it’s okay.

Of course it’s a bit odd to compare me to an ordinary Korean resident.

“By the way…..”

Rockefeller narrowed his eyes and made a sinister expression.

This old man.

What are you trying to say now taking so long to say it?

“I heard that this prince is close friends with Bank President Giannini.”

“Yes we grew up together amidst the devastation of the great earthquake.”

“The way you look when things are difficult is your true self. Please continue the relationship you had back then.”

Rockefeller recalled his past and also told me about his nephew’s father his younger brother William Rockefeller.

‘So his younger brother is rich too?’

William Rockefeller like his older brother John Rockefeller was also an outstanding businessman.

He must be rich.

“If it weren’t for my brother I wouldn’t be where I am today.”

William Rockefeller is said to have also entered the oil refining business and then merged it with his brother’s company.

He must have a significant stake having helped lay the foundation for the giant Standard Oil.

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Rockefeller would tell me how much of William’s fortune Ethel would inherit and would often tell me how attractive Ethel would be as a spouse.

‘This inspiration…’

Every time I let my guard down it comes rushing in.

“Ah… We suddenly brought up the topic of my younger brother so we’ve strayed a bit from the topic. What did I ask the prince earlier?”

“You asked about the story of Bank President Giannini.”

“That’s right. Oh! I heard that Morgan’s people were appointed as partners at the Bank of Italy where Giannini was the president.”

“It’s true. During the last financial crisis President Giannini asked Mr. Morgan to teach him his management style. I was there too.”

“ah!”

Rockefeller’s expression was serious.

It was as if he had some hidden agenda that I didn’t know about.

“Is there anything else you would like to say to me?”

“Can you give a word to Giannini?”

“What are you talking about?”

“The prince gave me a little tip not to trust JP Morgan.”

“…Why are you saying that to me?”

“Your Majesty Morgan is a greedy man. Don’t you know this?”

Rockefeller explained to me spitting how Morgan had expanded his company.

“Morgan is a greedy devilish man.”

From the anecdote of how Morgan swallowed up US Steel which was managed by Carnegie.

Even the fact that Morgan coveted his Standard Oil company.

I had to listen to Rockefeller’s anecdotes full of his selfishness for a while.

‘We seemed to get along well when we were together… but now that we’ve become a little closer we start telling each other gossip.’

Rockefeller may have said this to me out of consideration for his rival Morgan but he did not ignore it.

Because I too am living as Park Byeong-jun in the 21st century and this was an anecdote about Morgan that I had heard at least once.

“Morgan is a man who is not satisfied unless he continues to devour the company. His son is less capable than his father but he is even more greedy.”

I know.

So when I introduced Morgan Jr. to Giannini I also prepared a countermeasure for this.

“I heard that Bank of Italy is a group of small shareholders.”

Rockefeller swallowed it without saying a word.

But I quickly realized what Rockefeller meant when he gave me that advice.

Why did you mention Bank of Italy’s shareholding structure at the end?

“I understand what you mean. I will warn my bank manager Giannini.”

“yes.”

The dynamics between the six forces were truly subtle and complex.

On the outside it looked like they were all cooperating with each other but in reality they were all hiding knives behind their backs and staring at each other.

“At this meeting keep a close eye on Baron Rothschild and Paul Warburg.”

“Aren’t you two close to each other?”

“Well they seem like one force but in reality they are in a competitive relationship. Just because they have the Rothschild roots doesn’t mean they are all the same Rothschilds.”

The six powers are largely divided into those based in the United States or Europe.

Both Baron Rothschild and Paul Warburg are foreign-based powers.

‘The Baron is a collateral. Paul Warburg is said to be the representative of the Rothschild family?’

Rothschild in England.

Paul Warburg is based in Germany and Austria.

That is why he said that these days there are many cases where each side’s interests collide.

‘Well even in World War II it was like that. If you take away all the nitpickers it was ultimately a fight between Britain and Germany right?’

Rockefeller perhaps thinking that I had fallen for Ethel unlike any of the others he had introduced me to so far began to offer me helpful advice.

* * *

“Here is the interim settlement regarding the bailout fund. Please take a look.”

With all seven people present JP Morgan handed over a report on the bailout fund it had been operating to the meeting attendees.

“The profits are higher than I expected.”

“Yes. Who am I?”

The U.S. economy has fully recovered to its pre-financial crisis levels.

The Dow had broken through 100 and the unemployment rate was stabilizing again.

‘I thought it was money I threw away so I put it out but it came back to me doubled.’

Ten million dollars in bailout funds.

Ten million dollars to buy New York financial companies including American Trust.

A total of 20 million dollars was poured in.

But you know.

I didn’t expect it to grow but it suddenly became 40 million dollars.

“Before we get into profit distribution there are a few topics I would like to discuss here.”

With everyone’s faces brightening at the unexpected gain Morgan spoke his mind to the seven members.

“Unless we eliminate the root cause the same thing will happen again.”

“I also agree with Mr. Morgan’s argument. As you know didn’t the New York Stock Exchange have a financial crisis in 1903?”

“I think so too.”

Jacob Schiff known as the smartest member of the seven once again brought up the past crisis.

Warburg who was based in Austria also nodded.

“So I think it’s time for the Federal Reserve to be established. What do you all think?”

Rockefeller sitting next to me narrowed his eyes and asked Morgan.

“Who is going to establish the Federal Reserve System?”

“Of course it’s ours.”

Morgan looked greedy and kept blowing hot air through his large nostrils.

“Who overcame this crisis? Was it the incompetent Roosevelt federal government?”

Although it was strictly our money Morgan believed he had solved the crisis.

Well since it was a meeting of seven people they weren’t showing off that much.

“A new central bank for the United States must be created and managed by us.”

Okay-

Morgan laid out a map of the United States on his table and looked at the members of the Council of Seven.

“Let us divide the United States into fifteen districts and establish a Federal Reserve Bank in each district with seven of the fifteen bank presidents as board members to meet every two months.”

JP Morgan also suggested that New York the economic capital of the United States be managed by everyone but each person be in charge of two districts.

I started to measure it by comparing it to the original draft of the original history.

‘It seems a little different from the original history….’

The contents may change during the legislative process.

My interference may have slightly changed the system.

Anyway let’s interpret Morgan’s words.

That would mean I could put at least one of my guys on the nine Federal Reserve boards.

‘It makes all the difference whether or not there is someone in the medical community who can speak for me.’

If things continue like this I’m the one who’s thankful.

“Each Federal Reserve Bank will be owned by the private sector not the government.”

The United States currently has a single-banking system requiring each bank to maintain only one branch.

The branch banking system is expected to be introduced to banks across the country soon.

It is likely that the distribution of Federal Reserve shares will occur during the transition period before the introduction of the branch banking system.

‘Before the branch banking system was even implemented everyone was taking over local banks… It was all because of this.’

Morgan looked at the members of the Council of Seven and gave them a warning.

Each person was told to quickly take over the regional banks in their respective areas.

In other areas not assigned an implicit promise was required not to take over major banks at least until a federal bank was established.

In short it means that we are going to share it among ourselves so don’t put your spoon in someone else’s territory.

“The reason I brought this up before the interim settlement distribution is….”

“This is to share it. Some local banks received this bailout.”

Except for the banks in New York.

Regional banks also received bailouts.

In exchange for freeing up the company they usually received shares from major shareholders.

Morgan announced that he would distribute it to the members of the Council of Seven this time.

“I know it’s a bit premature to say this but… I’m a little worried that establishing a federal bank won’t be easy.”

I looked at Morgan and opened my mouth which had been tightly shut.

The eyes of the six members excluding me quickly turned to me.

Baron Rothschild looked at me as the representative and asked.

“Why do you say such things Your Highness?”

“Baron. Didn’t Roosevelt announce last month that he would run as the Republican candidate for the next presidential election?”

“….”

“….”

“Do you really think Roosevelt would allow private sector initiative to establish a federal bank?”

Rothschild glared at Morgan and asked what had happened.

“What is the atmosphere within the party that makes this prince say such things? Representative Morgan.”

“….”

While Morgan remained silent Rockefeller answered on his behalf.

“Unfortunately there is no one worthy of being a counterweight to Roosevelt Baron.”

“There’s Taft right?”

“I heard Taft went over to Roosevelt.”

After Rockefeller I answered the Baron’s question.

“There is a story that Roosevelt promised him a seat on the Supreme Court.”

“Are you talking about the position of Chief Justice of the Supreme Court?”

“Yes. I also just recently heard about this. As you all know didn’t Taft covet the position of Chief Justice?”

“….”

“….”

quiet.

It’s cold.

Everyone fell silent at my one word.

“If Roosevelt is elected shouldn’t he continue to live humbly for at least the first two years of his third term?”

Jacob Schiff agreed with Warburg’s words.

“Then I guess we can’t even bring up the Federal Reserve.”

James Hill offers an alternative.

“What about the Democratic Party?”

“No matter what.”

“The Democratic Party is a bit like that…”

All seven members had negative expressions on their faces.

“What do those cotton farm guys know?”

“That’s right. And it looks like William Jennings will be the Democratic candidate again this time.”

“Are you talking about that Christian fundamentalist who ran against Roosevelt before?”

“Yes that’s right.”

“Oh my.”

William Jennings was a Christian fundamentalist.

He was also a person whose values ​​toward the market were close to progressivism so he was on the same level as Roosevelt.

“He absolutely cannot do that. And neither can the Democratic Party.”

“That’s right. Moreover for the sake of this prince the Democratic Party should never take power.”

Once again the seven members looked at me.

Some nodded in agreement with Rockefeller’s words.

I made a bitter expression and recited it so that everyone could hear.

“I don’t know about Bear but I’m going to have to pay close attention to who the next Republican nominee is. At least so I can access federal buildings with ease.”

The Democratic Party kids of this era….

They are racists.

Those bastards are so evil that they make bathrooms for whites only and bathrooms for non-whites only.

I mentioned this and made a self-deprecating remark to the members of the seven-member group.

“Let’s finish the rest of the story tomorrow.”

Morgan quickly tried to lighten the mood.

Then he took a look at James Hill.

This is because Hill brought up the Democratic Party for no reason and this is what happened.

Here in addition to me there are many Jews attending including Baron Rothschild.

The Democratic Party guys who ran cotton farms and ran businesses also hated black people.

He hated Asians and Jews and the targets of these hatreds were present in this place.

‘I guess they haven’t reached an agreement with the Baron yet. Regarding the Democratic Party…’

As I was leaving the conference room Morgan whispered to me.

“Your Majesty.”

Morgan looked at me as if he had something else to say.

I stopped for a moment and looked at him.

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