Act 225: The prelude to the war is unfolding(2/2)
Even if they were cut and bankrupt, it was what the big planters wanted to see.
Why do you say so?
The reason is very simple. Only when they are short of money can they borrow money, right?
Only when they borrow money and they have no way to repay the money will they use their property to pay off the debt, right?
A plantation that was originally worth $100,000 may only be sold for $50,000 or even $30,000.
And how many years of cotton can I earn in the price difference?
However, although plantations in the south have conflicts between large planters and small and medium planters.
Even this contradiction is on the verge of an outbreak.
However, at this moment, the north actually declared war on the south.
Suddenly, the main contradiction changed from the contradiction between large planters and small and medium planters to the contradiction between the south and the north.
And when the "Declaration on the Liberation of Black Slaves" was released, all planters in the south had no chance of forgiveing the north again.
Because, the publication of the "Declaration on the Liberation of Black Slaves" means that once the North really wins, the property that once belonged to them will be "free".
And this freedom will greatly reduce all their capital.
Although it is easiest to make money in finance, if the financial meat grinder wants to rotate, it also needs to have an initial force.
The President of the US Federal Government Abraham Lincoln, and his Republican Party, are destroying the financial foundations of the South.
Those financial tycoons in the south who have already thought of this know that there must be experts on the Republican side.
And the so-called masters must be those jackals on Wall Street!
In fact, the initiator of all this was Doug Clayden, a person Wall Street also hated.
Because the existence of Doug Clayden, the existence of Bank of America and Clayden Investment Bank, greatly reduced Wall Street's hegemony in the northern financial industry.
The size of power means the size of profit.
You should know why all the outstanding financial talents in the north and financial banks want to work on Wall Street. Even if the land rent costs are too high there.
It is because of all the power used here.
Even if you are just a small and unknown bank, as long as you open it on Wall Street, you will be respected by people outside.
However, Doug Clayden, using the Blackhawk Bank-based bank voucher exchange system, integrates in addition to Bank of America.
It also attracted a lot of attention with Clayden Investment Bank.
The investment results, including a series of industries such as Coke Factory and General Steak, are all proving the strength and vision of Clayden Investment Bank.
If such a powerful force enters Wall Street, Wall Street will definitely welcome it.
Although, they would rather welcome him and replace him.
However, when Bank of America and Clayden Investment Bank do not live in Wall Street for a day, the damage to Wall Street's authoritarianism will be even greater.
Chapter completed!