Chapter 297: Draw a pie

Style: Historical Author: Three Autumn Empty CityWords: 4300Update Time: 24/01/18 05:23:50
When drinking in the United States, it’s natural to drink whiskey. The alcohol level was not low, and Li Yu and Situ Meitang quickly became drunk.

Today, Hongmen in New York has not yet become a big phenomenon, and the Anliang General Hall has not yet been established, so there are no cumbersome procedures.

Otherwise, it would take a long time to go through various ceremonies with the Hongmen boss. After a few glasses of wine, we become brothers.

However, Situ Meitang did not deliberately ask Li Yu if he wanted to join Hongmen. Perhaps he felt that since they were already brothers, it would make no difference whether he joined Hongmen or not.

The next day, Situ Meitang prepared a small box and prepared to meet Franklin Roosevelt together.

The Roosevelt family is of Dutch descent and is now one of the wealthiest and oldest families in New York State.

Li Yu pointed to the small box in Situ Meitang's hand and asked, "What's inside?" Situ Meitang opened it and said, "A few stamps from the Qing Post Office."

"Stamps?" Li Yu asked. Situ Meitang said: "Roosevelt was a stamp collector, although I don't understand how interesting it is to collect." Roosevelt was also one of the earliest stamp collectors, and he even liked to design stamps.

The Qing Dynasty stamps held by Situ Meitang will be quite valuable in future generations. Not many stamps from the Qing Dynasty have been handed down, and one in good condition costs tens of thousands of yuan.

If it is legendary

"The small red printed characters are equivalent to one yuan", only 32 pieces have been handed down, and they are worth millions. These stamps in Situ Meitang's hands were taken from domestic mailed letters, and they still had seals.

Fortunately, Roosevelt still liked this. He has collected more than 1.2 million stamps in total. For him, stamps from the Qing Dynasty are also rare.

Roosevelt received a very typical American elite education. In middle school, he attended the prestigious Groton School, which specializes in training politicians.

He entered Harvard University as an undergraduate and graduated from Columbia University Law School as a graduate student. He was very busy while studying, either with heavy reading tasks, various sports, or community activities.

Basically not much free time. But Roosevelt was actually good at many ball games. Unfortunately, he suddenly suffered from polio in middle age and could only spend most of his later years in a wheelchair.

Roosevelt Jr. is definitely the most famous patient of this disease. ——Columbia University is located in upper Manhattan. The campus architecture is quite classical and not far from Fifth Avenue.

After all, Li Yu has a car.

"Fellow Roosevelt!" As soon as they entered the campus, they happened to bump into Franklin Roosevelt wearing a golf hat.

"Mr. Situ Meitang, do you have any legal problems?" Roosevelt asked.

"It's not me who has the problem," Situ Meitang said.

"It's Li Yu next to him."

"Li Yu?" Roosevelt Jr. said,

"That great scientist from the East? Why are you so young?" Li Yu said with a smile: "I am a few years older than you." Although it is strange to say this, at least it is true for now.

Roosevelt Jr. said: "It turns out that you can do so many things and become a top scientist in just a few years."

"We are going in different directions. If it is an official career, it is impossible to rise too fast..." Li Yu suddenly remembered that Zai Zhen became the Minister of the Ministry of Commerce at a young age. Pu Yi's father Zai Feng became the regent at the age of 25, so he had to Added another sentence,

"It's for your country." Situ Meitang took out the Qing Dynasty stamps: "During this period, a few letters were sent from China, and I specially left the stamps for you." Roosevelt's eyes lit up: "Mr. Situ is too polite!" But he was very flexible and said instead,

"I'm afraid it's not a small matter that I have to take care of today, right?" Situ Meitang laughed and said, "Hiring a lawyer is not a small expense, but I think you are not short of money, so I took a few stamps. With us Chinese It's called doing what you want." Roosevelt Jr. said, "Then I can only say that you succeeded! Tell me, what happened?" Li Yu told Roosevelt Jr. that he needed to go public and needed legal assistance.

Roosevelt pondered for a while: "It is not difficult to draft a contract. I can ensure your absolute control of the company. But as far as I know, it is not a simple matter to be listed on the New York Stock Exchange. You need to buy qualifications from old members. That's fine. But now that the stock is so hot, I'm afraid old members won't want to delist, because they can raise a lot of money in the stock market." Li Yu said: "Mr. Morgan can help with this matter."

"Mr. Morgan?" Roosevelt asked in surprise, then relieved.

"It would be easier if he could speak. He has many membership seats." Situ Meitang asked, "So, you accepted the order?"

"It's settled," said Roosevelt Jr.

"Just treat it as a semester homework. There are not many opportunities for such good homework. If it is completed successfully, I will definitely get the first place in this semester's assessment." Li Yu said: "There will definitely be many things that need to trouble you in the future. You can do it every time." I will be number one every semester." Roosevelt Jr. smiled and said, "If it can really go public, I would love to be your legal advisor." There are not many companies listed on the New York Stock Exchange today, and they are basically industrial giants.

Moreover, the New York Stock Exchange has gotten rid of the previous corruption, scams, and fraud and has become the strongest exchange in the United States.

In fact, for a long time after the establishment of the New York Stock Exchange, the stock exchanges in Maryland and Philadelphia in the United States were almost the same as the New York Stock Exchange in terms of trading scale and activity.

But unlike other exchanges, the New York Stock Exchange prohibits Ponzi scheme-style financing, which has helped the New York Stock Exchange gradually win out in competition with other exchanges.

Coupled with the invention of the telegraph, the New York Stock Exchange's influence on other regional stock exchanges was once again greatly strengthened.

Other exchanges were quickly marginalized, leaving Wall Street as the center of U.S. stock and securities trading.

Otherwise it is likely that New York's financial status will be dispersed to some extent to Washington or Philadelphia. Within a few days, Roosevelt Jr. came up with very detailed contract terms, clearing up the most critical ownership and control issues for Li Yu in going public.

Listing procedures now are much less complicated than those in later generations, and there are no super complicated financial audits. Of course, Wall Street doesn’t have that bull either.

Li Yu did not need to handle the specific process of listing. Morgan entrusted his assistant Spencer to handle it quickly.

After all, they also hope to make a good profit from Li Yu's company. Many financiers on Wall Street have made huge profits from stocks such as steel companies, railroad companies, and shipping companies.

Li Yu knew in his heart that they just wanted to engage in stock trading, but he could also help the company quickly obtain financing and continue to develop. A win-win situation would be good for everyone.

——And if you don’t give the Wall Street giants some sweetness, they may not make it easy for themselves in the future.

When Roosevelt and Morgan's people were carrying out specific listing operations, Li Yu was not idle. He continued to make some improvements to radio equipment.

After receiving a large amount of financing in the future, it will definitely be necessary to market good products with advanced technology and excellent quality, and competition will come unexpectedly.

Li Yu wants to come up with products of different grades and prices to meet different needs. He continued to use transistors to enhance the anti-interference capabilities of radio equipment and improve radio coverage.

These two items are arguably the most desired by radio customers right now. To give a more tragic example, consider the Titanic incident nine years later.

At that time, the ship was actually equipped with Marconi's radio equipment, and the operator on the ship had received an iceberg warning, but the operator was busy sending and receiving personal telegrams and did not see it.

After the collision, the Titanic's distress signal reached the nearest

The ship Californian. Coincidentally, the Californian's operator ended his shift ten minutes before the accident and did not see it!

These are still man-made disasters. But it has to be said that Marconi's radio equipment technology on the Titanic was not up to standard and it cannot be spared its blame.

Because the wireless telegraph machine had malfunctioned the day before the accident, resulting in

The pile of personal telegrams from "important" passengers kept the operators busy. Everyone needs to know the situation at that time. In the era when radio was just born, the radio on the ship was also a vanity carrier to a large extent, which could satisfy those passengers who wanted to brag about their experiences by sending maritime telegrams to their friends: in the eyes of the upper class, A telegram sent from the sea is quite

"fashionable". In addition to technical problems with Marconi's radio equipment and the operator's inability to prioritize communications, the ship's radio equipment had poor anti-interference capabilities and the channel was prone to interference.

This resulted in the Titanic being unable to clearly receive iceberg warnings from other ships during its fateful journey.

In short, there were many factors that caused the Titanic accident. Human factors cannot be avoided, but technology can always make up for it.

——It’s just that human factors cannot be changed, and it may still not be possible to eliminate this accident. But radio still played a role in subsequent rescue efforts.

Otherwise, given the weather conditions at the time, all passengers might have been doomed if there had been no continuous distress signal from radio equipment.

Li Yu is a prophet who knows the development direction of radio completely. He doesn't even need to engage in contract fraud or monopolistic tricks like Marconi to occupy the market on a large scale.

As usual, Li Yu applied for these two patents for anti-interference and coverage improvement. Of course they will lead to a significant increase in product prices and can only be marketed to large customers such as ocean-going ships.

After pre-listing on the New York Stock Exchange, Li Yu received the purchase request immediately. It's the U.S. Navy.

The current U.S. Navy is not huge, but it is a country isolated overseas and has an inherent emphasis on its navy.

"Is this Mr. Li Yu from LY Company?" Li Yu looked at the man in navy uniform and asked, "It's me. Are you?"

"I'm from the Department of Naval Operations, you can call me Major Abel. I was told by the administration that your company has a very advanced radio technology that we are interested in purchasing."

"You guys came really fast, I just got a new patent." Li Yu said.

"Great, we need the latest technology," Major Abel said.

"The Navy needs to purchase 20 sets of radio equipment, and the budget is US$400,000." Li Yu never expected that there would be a large contract right away.

In the future, the demand in the civilian field will be far greater than that in the military field. If it can build a reputation in a government system such as the navy, there will be a steady stream of orders in the civilian field.

Li Yu asked: "According to the convention, should we bid?" Colonel Abel said: "That's true, because we also invited Marconi Company to bid." At this time, Marconi Company's influence was stronger, because Tesla was too mediocre before. It didn't produce much radio equipment, and it didn't gain much popularity.

Instead, Marconi continued to expand through his keener business acumen. There is a reason why he won the Nobel Prize later.

Li Yu took the tender document from Major Abel. The navy's requirements were not complicated to him. They were exactly the anti-interference and coverage requirements he applied for patents for.

But after reading the bidding document, I found that the Navy's requirements are really strict. The bidding document states that it wants to achieve intercontinental communication capabilities, or more than 3,000 kilometers.

Fortunately, the budget given is enough, and with the amplification effect of the triode, it should be possible. Li Yu found Tesla with the tender document, put it in front of him, and asked: "Mr. Tesla, have you sobered up?" Tesla rubbed his eyes: "Do you have good wine?"

"If you want to drink, I will drink with you until dawn after we get the contract and win over your arch-rival Marconi." Historically, losing the radio patent had a great impact on Tesla , otherwise he would not be so poor in his later years.

Tesla took a look at the bidding document: "$400,000?!" Li Yu said: "It's just an appetizer. Are you interested in making a big deal? We can seize the world's wireless market and annex Marconi. company of."

"Annexing Marconi?" Tesla's eyes finally lit up.

"It sounds very interesting to me." Li Yu took out the listing contract and an employment contract: "In addition, my LY company has been successfully listed and will receive a large amount of funds. I formally invite you to become the technical director. Do you have any intention?"

"Going public? Technical director?" Tesla was a little confused again. He had previously worked for two companies, the original Edison Electric Light Company, and later Westinghouse Electric.

He was not an executive in either company, just a technician. Moreover, many companies in the United States currently do not value technical personnel. They treat them very differently from ordinary workers, except that their salaries are higher.

Technicians rarely make it into management unless they are founders themselves. Tesla himself also briefly opened a company, but he was obviously not good at business. The company was very unsuccessful, and in the end it ended up in the hands of others.

"What is the position of technical director?" Tesla asked. Li Yu said: "Executives, and they are executives who can enter the board of directors." Tesla has completely ignited enthusiasm. If you can become a board executive of a listed company, you know that you will make a lot of money without even thinking about it, and you can continue to do it in the future. Wireless power transmission experiments are also possible.

"I agree!" Tesla said. Li Yu smiled slightly. He knew that Tesla had no way out, and with such high conditions, there was absolutely no reason to refuse.

Li Yu then took out a design document: "I have been developing a new radio technology recently, but I have encountered some bottlenecks in signal demodulation, and I just need your help." Tesla rubbed his eyes and looked carefully. After a while, he suddenly woke up from the wine and shouted: "How is this possible!? Radio can actually transmit sound?"