Chapter 497： United States Line (2)

"I am very glad that I can stand here today. The United States is a rich and hospitable country. I have fully felt enough enthusiasm for the few days here. This makes the United States and Romania very similar. Romania is also a beautiful place. With hard-working people and rich resources, the economic exchanges between our two countries are also increasing day by day. From the beginning of Standard Oil’s investment in Romania, all walks of life can now see the embodiment of American capital in Romania."

"I think the two countries need to strengthen cooperation. Romania has a population of nearly 30 million (more than 25 million, rounded to the nearest 30 million people), and a land of more than 400 million square kilometers. In this country There are abundant resources such as oil, coal, iron, gold, etc., all of which require the Romanian government to invest a lot of capital for development, and the development of these resources is still in the initial stage by my country’s finances, and a large amount of foreign capital is needed for more effective development. These resources."

"And your country happens to have these funds. As far as I know, your country is currently hoarding a large amount of funds without investment direction. Think about it, our country lacks capital development resources, and your country has a large amount of funds without investment direction. In my opinion, the two countries can complement each other completely. Your country has made enough profits in investing in our country, and our country has developed and grown in this, and it can better resist the invasion of the capital world of the red plague. This It is totally a win-win result."

In Congress, Edel stood on the podium and talked to the US lawmakers about the great prospects of investment in Romania.

Regarding the current accumulation of capital in the United States, combined with memories of previous lives and recent investigations, Edel found that the accumulation is really serious. The Americans who made a fortune in the European War, after making huge profits, did not have a sufficient investment environment at all. At present, U.S. capital can only invest in China and South America, and these places cannot accommodate these huge amounts of funds.

This is why the Dawes plan later allowed a large amount of American capital to enter Germany, helping it quickly restore the economy. Moreover, even Soviet Russia and the Americans plan to enter. In the final analysis, there is an excess of domestic capital and a catharsis is needed. The defeated Germany, the socialist Soviet Union, and the frequent wars of the Republic of China were all options. Europe and its colonies cannot enter, only these options are available.

And Edel's speech obviously aroused the interest of many congressmen. More precisely, it was the interest of the capital behind it.

"His Majesty the King, we are all clear about what you said, but can you be more specific?"

Facing this congressman’s divine assist, Edel was of course willing to be satisfied.

"At present, Romania needs a lot of capital to spend on infrastructure, such as ports, roads, waterways, etc., and also requires a lot of investment in light industries such as textiles and food related to people's livelihood. Of course, if you are not familiar with these aspects, If you don’t want to venture into it, my country will also issue five to fifteen years of national debt, the lowest annual interest rate can reach 5.5%, and the highest can reach 10%."

This is the main purpose of Edel to promote the national debt, and this interest rate is also a comprehensive reference to the Dawes plan. Moreover, Romania is not a defeated Germany. Regarding Romania's repayment ability, I believe the capitalists behind it must have fully understood.

In response to Edel's answer, the member who asked the question nodded, expressing his satisfaction with the answer.

Of course not everything is so beautiful, at this time a sudden voice sounded.

"King Edel, so this time your country is here to sell national debt? As far as I know, most of the more profitable industries in your country are controlled by your government and royal family. How can this guarantee our country’s investment? To earn the profit he wants?"

Edel looked at the voice, it was a bald congressman who was asking this topic. Following his questioning, many congressmen couldn't help but frowned. State-owned and royal-controlled companies are too unfamiliar in the United States, and at the same time they have an instinctive antipathy to the government's involvement in the economy.

Faced with this acute local question, Edel knew that if the answer was not good, it would have a great impact on the purpose of this visit, but fortunately he was prepared.

"This congressman, thank you for raising this issue. Before I explain this issue, I need to explain that this is a legacy issue from before. Romania did not want the government or myself to control the domestic economy at the beginning. This is an opportunity. The result of coincidence. At that time, domestic capital was only weak and insufficient to support economic development, so the government and the royal family had no choice but to take the lead in the development of heavy industry first. And it happened to wait for the initial development to meet the European war. As a result, Let it grow stronger, so that now domestic capital is completely unable to take over."

Edel's words made many congressmen shine. Its domestic capital cannot take over, so is foreign capital feasible?

Those who respond quickly, blurt out immediately. "King Edel, what do you mean?"

"Yes, if someone is willing to offer a reasonable price, then these high-quality assets are not impossible to sell some shares."

Edel spoke the thoughts of these people. The experience of later generations had already told him what would happen if he sold some shares. 49% of the shares only had the right to supervise, and the controlling right was in my hands, so I couldn't do anything about it. And you can also take the opportunity to cash out some funds for investment in other fields, it's not perfect. If you want to reclaim your shares when necessary, you can expand your investment. Can individuals compare their capital with the country?

This is also the reason why Edel didn't sell shares to the country If domestic capitalists were pitted, the result would not be so wonderful.

However, the young American capitalists who did not understand these sorrows were breathing harder in the face of Edel. In their opinion, the Romanian Petroleum Company, Volkswagen Company, Proiesti Machinery Plant, Lviv Steel Company, etc. are all attractive fruits. No one wants to take these companies and ride on Romania’s rapid development. .

So when Edel threw out this surprise, the congressmen on Capitol Hill immediately became lively, completely without the restraint of the congressman, just like a vegetable market. It was not until the head of parliament looked bad and knocked on the table several times before it calmed down.

And Edel's speech on Capitol Hill was praised by newspapers the next day. Many editors who don't even know where Romania is, praise him as a visionary king, who will surely bring a prosperous life to the Romanian people.

These reports were more numerous after the meeting between Edel and President Coolidge.

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