America 1919

Chapter 788: 270, Jack Morgan arrives in Atlantic City_2



Chapter 788: 270, Jack Morgan arrives in Atlantic City_2

Dick almost without any hesitation, raised his acquisition price again.

This time, Donnie didn’t follow suit but chose to wait and see, hoping to persuade those people, but they were only interested in profits now, not caring what Donnie had to say!

Seeing that Donnie couldn’t continue to drive up the price, they sold their shares of Breton Bank to Dick.

This time, it gave Dick an even larger share in Breton Bank, and under such circumstances, it seemed like the battle for Breton Bank was tilting against Donnie!

Dick was naturally very happy with this result, and it was this joy that made him overlook one thing, which was that the cash he could mobilize was nearly exhausted, including the money he had borrowed from other banks!

.

“There’s still no news from Jack Morgan!” Kafe Jackson reported to Donnie.

Donnie nodded and said, “Don’t worry about that, I’m sure they will show up. For now, let’s follow our own pace and release a message immediately that we are preparing to deepen our cooperation with the Mellon Consortium!”

Kafe Jackson nodded and went to do just that.

The message was released through the “Atlantic City Post”, and under Donnie’s arrangements, it was deliberately vague.

The news merely indicated that Donnie intended to develop a diverse and in-depth cooperation with the Mellon Consortium.

But it didn’t specify any project.

However, for some people, this meant two possibilities.

The first possibility was that Donnie might have realized the difficulty of acquiring Breton Bank and chose to give up, planning instead to deepen cooperation between Atlantic City and Mellon Bank.

Or to collaborate with Mellon Bank to establish a new bank!

The second possibility was that Donnie was trying to gain more support from Mellon Bank to acquire Breton Bank!

Either possibility, for Morgan, was against their interests.

After all, Morgan also hoped to deepen their cooperation with Donnie, who now represented the New Jersey market.

Therefore, Jack Morgan, who had not shown up in Atlantic City before, appeared in Atlantic City at this time and visited Donnie immediately!

“Haha, Donnie, since we last met in New York, your business has grown even bigger!”

Upon seeing Donnie, Jack Morgan greeted him with a bright smile, without mentioning his absence from Atlantic City before.

“Mr. Morgan is too kind; my endeavors are just minor compared to Morgan’s development, hardly worth mentioning!”

The two exchanged pleasantries and then took their seats.

“I heard from George before that, Donnie, you had some ideas about acquiring the New York Central Railroad Company?”

Although Jack Morgan had previously been hinting at Donnie’s potential, he was very straightforward. Now that he had come, there was no need to beat around the bush and he directly acknowledged Morgan’s desire to acquire the New York Central Railroad Company.

Donnie nodded and said, “Indeed, I have been considering this. The business of United States Logistics is growing more and more, and Chris from United States Logistics mentioned to me that as their business expands, it might cause dissatisfaction among some railroad companies.

We also have the intention of developing railroad transportation ourselves, so we targeted the New York Central Railroad Company!”

“Ah, your business just keeps getting bigger, Donnie!” Jack Morgan sighed and then said, “I just wonder if you have ever thought about expanding your business to Wall Street in the future?”

Donnie knew this was Jack Morgan testing the waters. Morgan was aggressively infiltrating various industries, but they knew that Wall Street was their foundation.

Although countless companies are established on Wall Street every year, just as many go bankrupt.

Morgan didn’t care about these companies.

But Donnie was different, with the entire New Jersey behind him, a huge bootlegging empire, the highly profitable Surf Hotel, and several trusts.

Entering Wall Street with such a background would definitely become a significant force rapidly, and this was not a good situation for Morgan.

“Honestly, I could deceive you, Mr. Morgan, about this matter, but our partnership makes me not want to do such a thing. So, to answer your question, I definitely have my eye on a place in Wall Street for the future!”

Jack Morgan frowned slightly and said, “If that’s the case, can I understand that Donnie, you will become an important competitor to us, the Morgans, in the future?”

Donnie waved his hand and said with a smile, “I believe competition between us on Wall Street is inevitable in the future, but if you say competitors, I would not agree because we can compete and also cooperate.

Moreover, I believe if we could cooperate, it would become a formidable force!”

“Rockefeller said the same thing to the Vanderbilt family when he was on the rise!”

Jack Morgan said.

Before Rockefeller became America’s oil tycoon and built the nationwide oil transportation pipeline,

oil transportation relied mainly on railroads, and Vanderbilt was at that time the railroad magnate of America, controlling over half of the country’s railroad market.

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