America 1919

Chapter 782: 268, Tarot Society starts to exert its strength_2

“So, for Morgan and Mellon, the best scenario is still to maintain the status quo, and since their interests align with ours, I believe that they will stand with us on this matter!”

After Breton’s explanation, Madeline finally truly understood the intentions of the three of them.

At this time, Dick said to Laze Madison and Archie Roosevelt, “Gentlemen, Morgan might be easier to deal with, but the problem with Mellon is more significant. Donnie has deep ties with Andrew Mellon, and I’m worried that on this matter, Andrew Mellon might forsake the interests of Mellon Bank and choose to side with Donnie.”

“Personally, I have no connection with Mellon, so I must entrust one of you two to discuss this matter with Mellon.”

Preserving Dick’s interests in Breton Bank had become a shared responsibility for the three of them. Without hesitation, both Laze Madison and Archie Roosevelt decided, and ultimately, Archie Roosevelt stated,

“I’ll go. I have a good relationship with William. I will explain the situation to him, and I believe he can persuade Andrew Mellon!”

“Then we’ll leave this matter to you, Al. Laze and I will contact Morgan’s people!”

Dick said earnestly.

Archie Roosevelt waved his hand and said, “It’s also for our common benefit!”

The three of them had a clear division of labor and immediately set into action!

.

In Atlantic City, on Donnie’s end,

While Dick and the others were busily strategizing, Donnie himself hadn’t taken any action. After Dick had turned down his takeover bid for Breton Bank, Donnie continued his daily life and work as if nothing had happened.

However, because Dick and his colleagues had started to take action, Donnie’s routine did not last long.

Soon, the first visitor arrived in Atlantic City.

“If I’m not mistaken, you’re here to persuade, aren’t you, William?”

Donnie greeted William Mellon with a smile and a handshake.

William Mellon showed a wry smile and said, “Donnie, your actions this time are truly impressive, but they’re not easy!”

Donnie simply said, “There’s nothing that can’t be done if one is determined enough. Anyway, that’s not important right now. What I want to know is, what’s Mellon’s stance on this matter?”

William Mellon did not immediately respond to Donnie’s question but instead inquired, “Donnie, I’m genuinely curious. Archie Roosevelt is also Alice’s brother. Shouldn’t they be on your side in this matter?

And with Alice expecting a child, shouldn’t the ties between your two families be even tighter?”

Donnie laughed, “Indeed, we are very close. Just the other day, young Theodore Roosevelt came to Atlantic City. We had a thorough discussion about the Navy selling off warships, and on this matter, young Theodore Roosevelt has secured a great deal of benefit for us.

During this period, my ABC has also been continuously promoting young Theodore Roosevelt’s campaign for Governor of New York State!”

William Mellon took a moment to understand the Roosevelt Family’s thought process: “They are indeed playing a smart game, investing on both sides, ensuring they won’t be at a loss!”

Donnie replied, “Each matter has its own place; cooperation where cooperation is due, competition where competition is due, there’s nothing to it!”

William Mellon nodded, not dwelling on the matter any further, and then earnestly asked Donnie, “Donnie, my uncle has sent me to ask you, do you really need a bank?”

Donnie made no attempt to hide his intentions: “Absolutely. William, you should understand that at my current scale, it’s impossible not to have my own bank.”

In the later stages, which of the top ten financial consortia in the United States wasn’t built around a bank?

Let alone the giants in banking like Morgan, Mellon, and First National City, the other consortia also had their own banks, some overtly and some covertly.

Having one’s own bank meant that one’s cash flow would become a secret known only to oneself, and it could use the banking system’s secrecy to easily manage the cash flow of all its industries to serve itself.

Moreover, in the later stages, the United States would turn its attention more towards finance, making banks increasingly important in the future social environment.

In short, once Donnie had his own bank, it meant he could complete the integration of the New Jersey State financial consortium that had been rumored outside.

And from then on, no one would know Donnie’s financial situation, and his cash pool would no longer worry about being targeted by others!

“The second question my uncle sent me with is, if you do take over Breton Bank, how will you protect Mellon’s interests in Atlantic City?”

William Mellon waited for Donnie’s answer to his question without showing any judgment.

Donnie stated, “On this point, I can guarantee, although such a guarantee cannot be formalized into a written agreement, I believe my trust with Andrew there will offset these concerns!”

That was the significance of Donnie’s founding of the Tarot Society with Andrew Mellon and others in Washington previously.