v3 Chapter 1380： The mind of the Cleveland Consortium

The Cleveland consortium is also a combined consortium, unlike the Morgan consortium, the Rockefeller consortium, the DuPont consortium and the Mellon consortium, it has a super-strong internal structure.

Its type is like the Chicago consortium that was dismembered before.

In the beginning, the Cleveland Consortium relied on the abundant coal and iron resources in the Cleveland area to form a steel industry consortium, and then relied on resources to expand step by step into banking, rubber industry, and rail transportation.

Even now, the steel industry is still the main interest of the Cleveland consortium.

Four of the ten largest steel companies in the United States are under the control of the Cleveland Consortium, namely Republic Steel Company, Lex Youngston Company, Amco Steel Company and National Steel Company.

Of course, because the US industry has been continuously competing for the market by foreign countries in the past decade or two, it has also been affected by comprehensive international economic factors, so that the US industry has been greatly affected.

Therefore, the overall strength of the Cleveland Consortium is only to accompany the last seat, ranking the bottom.

It's just that the Chicago Consortium, which was previously stronger than it, was dismembered by multiple consortia, so the Cleveland Consortium, which was originally ranked tenth, was fortunate to rise one place to ninth, and tenth belongs to the North Star Consortium in the West.

As a combined consortium, like the Chicago consortium, it has four core families, namely the Mather family, the Hanna family, the Humphrey family and the Eaton family.

Even if the four are allies, but in the final analysis, they are not a family. Inevitably, there will be intrigues. Family interests cannot be fully linked to the interests of the consortium, so that the Cleveland consortium has been heavily infiltrated by other consortia.

For example, in the financial field, although the Cleveland Consortium has repeatedly strengthened, it has five financial institutions, including Cleveland Trust Company, Cleveland National City Bank, and Kekai International Group, but these five financial institutions are all regional financial companies, and none of them is national. Large financial giants.

As a result, in terms of finance, the Cleveland consortium relies on other consortia in the east, and most of it relies on the Morgan consortium and the First Citibank consortium in terms of raising funds.

In the industrial field, it has been infiltrated by the Rockefeller and Mellon consortiums, especially the Mellon consortium.

Amco Steel was infiltrated by the Mellon Consortium and the Rockefeller Consortium.

The National Steel Company was also infiltrated by the Mellon Consortium.

Two of the four steel cores have been severely penetrated,

The other rubber giant, Goodyear Tire & Rubber Company, has also been heavily penetrated by the Mellon Consortium.

Another tire and rubber giant Firestone Tire & Rubber Company was infiltrated by the Rockefeller Consortium.

In addition, there are some less important companies that have been penetrated by other consortia to varying degrees.

Of course, in this age, mutual infiltration between consortia has become very common, and the difference is only in the severity of the infiltration.

It's just that the Cleveland consortium is relatively miserable and the infiltration is so serious that when the four major families such as Mather and Humphrey face these families, they are already inferior, and there are more constraints in all aspects, which seriously hinder the Cleveland consortium. Development and growth.

And the third-generation head of the Mellon family who led them to a new peak was the fall of Richard King Mellon, who was awe-inspiring by them, but made them eager to move.

At the foot of a heavily guarded mountain in the suburbs of Cleveland, the Mather family is located here, and it has been more than a hundred years.

That night, the heads of the four major families gathered here.

Douglas Mather is the director of the estate, Reginald Hanna, Kenneth Humphrey and Sam Eaton.

The four are the top figures in Ohio, as well as the top bigwigs in the United States. The stomping of the four can affect the American industry.

"The latest news I got, old Mellon has been abandoned, there is a high probability of becoming a vegetable, even if he can wake up, it is impossible to be the king of Pennsylvania."

With a cheerful smile on his face, Mather Douglas told the good news to the people sitting there.

"It is indeed good news, but there is still some regret. It would be great if he passed away directly." Sam Eaton said with regret.

His hostility to the Mellon family is very strong. The reason for this is that the National Steel Company controlled by their family was heavily infiltrated by the Mellon Consortium. In daily operations, he was unable to fully use his hands and feet. Out of anger.

"Everyone can't wait for him to pass away, but this is not something we can control."

"As far as the current situation is concerned, the situation is already very good. His sudden fall has greatly reduced the threat of the Mellon Consortium to us. Now the Mellon family has not yet cultivated a qualified new generation of heads. , This is our chance!"

Reginald Hannah sneered.

Kenneth Humphrey added: "There is a problem with the Mellon family's education, and the management of the offspring is too loose, so that there are problems with the cultivation of heirs."

"Old Mellon took his third son Leonard Mellon and fourth son Woodrow Mellon wherever he went before. I have also met these two young men. They are indeed very talented, but they are still too young. ."

"The elder Leonard Mellon is only twenty-eight years old this year. He can't stand up to the task, haha..."

Douglas Mather poured cold water on everyone with a serious face: "Let's not be too happy too early. At least Paul Mellon is still alive. Although his ability is far inferior to Richard King Mellon, he is still possible. Calm the turmoil in the Mellon family."

Sam Eaton sneered and said, "Huh, now that Old Mellon is down, there are many people who are staring at the Mellon Consortium. I don't believe Paul Mellon can resist it completely."

Reginald Hannah then said: "Sam is right. We are certainly not the only ones who have ideas about the Mellon Consortium. I don't believe that David Rockefeller and John Chris Morgan, two greedy people, will give up. This opportunity."

"We are sitting here now, isn't it just for this?"

"We still quickly determine the action plan, UU reading must act as soon as possible."

Kenneth Humphrey immediately put forward his opinion: "I think the bottom line of our action is actually very clear. The three companies, Amco Steel, National Steel, and Goodyear Tire & Rubber Company, are controlled by the Mellon Consortium. Take it back and strengthen our foundation."

"Then if the funds are sufficient, the equity held by the Mellon consortium in other companies will also be taken back."

Reginald Hanna made a different opinion.

"I fully agree with Kenneth's previous point of view, but I think the latter point of view is still too conservative."

"I think we can be more radical. With the exception of these three companies, the shares of other companies can not be acquired, but instead use resources to attack the Mellon consortium."

"Our financial strength is relatively weak and we rely heavily on other banks in the east. Can we use this opportunity to swallow a certain financial platform of the Mellon Consortium and enhance our own financial autonomy."

"In addition, the Mellon consortium owns four large steel companies. Can we take the opportunity to acquire them? Complete absolute control of the US steel industry?"