Not to mention how the New York banking group headed by the Morgan family celebrated, but Sheffield immediately understood the joy of realizing his long-cherished wish. He left this time to young Morgan himself, while he had other things to do.

Of course, the significance of the Federal Reserve is unprecedented, and it can even be said to have changed the history of the United States. But to change the history of the world, it depends on whether the slave owners can grasp the Persian Gulf in their hands. If so, who will end up with the name of the Federal Reserve?

Home is still a matter worth debating.

In a private name, Sheffield invited Secretary of the Treasury McAdoo and Secretary of War Newton Jr. to visit the manor in Washington. There was also a very close person who was also invited, he was Franklin Roosevelt. Inviting Franklin Roosevelt, the first

One is because he is Under Secretary of the Navy, but there is a second reason.

Historically, McAdoo, who is now sitting in front of Sheffield, has been the leader of the Democratic Party for a long time. Before Franklin Roosevelt, he was the main candidate of the Democratic Party against the Republican Party. In Franklin Roosevelt's first term in office, he also helped Franklin Roosevelt a lot.

busy.

Judging from the current trend, McAdoo and Franklin Roosevelt will definitely interact in the future. Meeting in advance now can be regarded as a run-in. As for the last reason, it is related to the current world war.

To McAdoo, Sheffield expressed his congratulations to the Finance Minister. The congratulations include two points. The first point is the establishment of the Federal Reserve, and the other point is to congratulate McAdoo in advance on the success of the fourth Allied loan raising. Although the latter is

The slave owner didn't feel cold.

"William, you have always been very cautious about loan matters. In fact, I can't understand your conservative attitude on financial issues. Thinking about the huge benefits, this is not only a good thing for bankers, but also for many citizens across the country.

"McAdoo happily accepted Sheffield's congratulations, but also asked his own doubts.

"Gibbs, although I also open a bank, I have always focused on industrial production." Sheffield smiled and explained, "This may be a trade-off. Of course, it is not just for this reason."

"What's the reason?" McAdoo asked puzzledly, "Could it be that someone told the truth? You're afraid that you won't be able to get your loan back."

"That's not true. How can I take back some of it? It's impossible that I can't take back all of it." Sheffield confirmed this statement from the side, and then kept silent. He waited until the servants brought the dinner and left, then turned to the war.

Secretary Newton Jr. said, "War is inherently risky. Mr. Secretary of War, how is our plan to participate in the war? Is it proceeding step by step?"

Suddenly bringing the topic to the issue of participating in the war, Franklin Roosevelt couldn't help but said, "William, your thinking is too jumping."

"Not at all!" Sheffield reached for the champagne and took a sip. Sheffield shook his head slightly and said, "Let's put it bluntly, the day the war is officially declared, the federal government will definitely say that in order to stop the war, preserve civilization, safeguard democracy, etc.,

But that is not the point. The less important point is that no matter how much our country is dominated by English culture, even if we are unwilling to do so, we will ultimately side with the British. What is really important is that the big domestic companies

, bankers, and even a large number of citizens, have loaned more than 10 billion to the Allied Powers, not counting the upcoming fourth round of fundraising. If the Allied Powers are defeated, where will we get this money back? Isn’t it, finance

Mr. Minister?”

"Although it's very straightforward, that's what it is." McAdoo smiled bitterly, "Once the Entente collapses, the losses to the United States will be immeasurable."

"That's why I invited McAdoo and Newton, two of my friends, to come over for dinner." Sheffield said to his brother-in-law, "The reason why we joined the war was for money. It had something to do with the telegram but it had little to do with it.

.It is to ensure the interests of the entire country.”

"So that's why you invited me here?" Franklin Roosevelt asked, "I'm just responsible for the construction of the Navy."

"Of course, Franklin!" Sheffield said concisely, "Although I have always had doubts about lending to the Allied Powers, I don't want to suffer heavy losses from the upper class to the private sector. With a figure of more than 10 billion US dollars, even if I have no losses, the same

I don’t want anything to happen to this money.”

"This time the collection is over, the Allies owe us a total of more than 18 billion U.S. dollars. We want to participate in the war. This has something to do with the Minister of War. And our most powerful strength is the second largest navy in the world, at least on paper.

He is indeed No. 2 in the world." Sheffield sorted out the logical chain and asked, "I don't know if I am right?"

After a few seconds of silence, McAdoo, Newton Jr. and Franklin Roosevelt all nodded. The logical chain was correct.

"We entered the war to protect the Allied Powers and the loans can be recovered in the future. This is no problem. But think about it, is our army very powerful in combat? Even though it has been tempered by the war with Spain?" Sheffield saw three people

The man remained silent and then said, "Although I don't know much about the navy, I also know that pre-dreadnoughts cannot defeat dreadnoughts, and dreadnoughts cannot defeat super-dreadnoughts. I have always believed in the great naval tradition and spirit.

When it comes to farts, the navy is a standard service with clear distinctions between strengths and weaknesses. When both sides are well prepared, the stronger side will win. Take the recent three Anglo-German naval battles as an example. Germany started from the first

Total victory, the one who didn’t take advantage in the end, and now he can’t leave the harbor.”

"William, what do you mean?" A flash of inspiration flashed in young Newton's mind, as if he had caught something, but also as if he had caught nothing.

"It will take time for our army to be truly suitable for the European battlefield. On the contrary, the navy has become a powerful service representing the United States." Sheffield's eyes fell on Franklin Roosevelt, who nodded and said, "Yes."

"That's good. I have always opposed participating in the war because I am afraid that there is a big gap between the combat effectiveness of our country's army soldiers and that of European countries. This will make European countries despise our country's military power, and now they still owe us a lot of money.

"Sheffield said helplessly, "If our military strength is not enough to calm down our creditors, we may default on our debts. Mr. Secretary of War, if you can, can you tell me the plan to participate in the war now?"

Young Newton hesitated for a moment and gave an overview of the current war department's combat plan. It was nothing more than the same as in history. War was officially declared two months later, and then army training was carried out in an orderly manner. As for the planned commander of the American Expeditionary Force, there was no doubt that

It was General Pershing who had just returned home from commanding the U.S. intervention forces.

"General Pershing is a good choice." Sheffield remembered that the American Expeditionary Force set foot on European soil as a viable force, and their mission was to help the British and French armies defeat the German army. But Pershing was not in a hurry to join the battle, but carried out the war seriously.

This made the British and French who were fighting hard in the trenches extremely anxious.

Even Pershing's staff reminded him: "Our training plan will take too long, which will make people feel that the German predictions are correct - the U.S. military will not be able to reach the front line before the collapse of the British and French armies!" Unexpectedly, Pershing

Xing only said one sentence coldly: "I don't know what the Germans think. I only know that untrained soldiers cannot fight!"

Of course, the slave owners knew that General Pershing was right. He had a clear understanding of the combat effectiveness of the American Expeditionary Force. In fact, General Pershing took the trouble to win independent command rights for the American Expeditionary Force, rather than being like the colonial army being commanded by the British and French forces.

It cannot change the status quo that until Germany's defeat, the American Expeditionary Force was a secondary force on the battlefield.

"I hope we will not succumb to the pressure of the Allied Powers, but also find ways to use the navy's powerful hardware and equipment to cover up the Army's lack of combat effectiveness." Sheffield expressed his thoughts to Little Newton, "Once the quality of the soldiers of the American Expeditionary Force is improved,

, being despised by the British and French forces, Britain and France will despise our country."

The Secretary of War was still considering it, but Sheffield had already set his sights on Franklin Roosevelt and asked, "Mr. Secretary of the Navy, can we work out a plan that will allow our navy, which is far more complete than the army, to enter the war at the beginning of the war?"

At that time, we should play a major role in showing the strength of the United States. I believe that on the Grand Fleet, we will definitely gain the respect of the British, and there will be no chance of a ground war."

"It should be possible!" Franklin Roosevelt thought for a moment and said, "The Allied fleet in the Mediterranean is still very powerful."

"As for the direction of our ground war, I think Italy is a good opponent." Sheffield took advantage of the victory and said, "The most suitable ground armed force for our expeditionary force is the Italian army. We are not relying solely on the navy, so participating in the war will

It seems to be insincere, and ground forces can be placed on the front lines in southeastern France and Italy, and by the way, there is also the Persian Gulf."

On the surface, Sheffield worked hard for the establishment of the United States of America, but in fact, the last sentence was what he wanted to say. The Western Front and the Mediterranean were not important in his eyes. Only the Persian Gulf was important. Once the United States entered the war, the first

An expeditionary force should be sent to the Persian Gulf to share the pressure of his mercenary army.

This has many benefits. First of all, once the American Expeditionary Force reaches the Persian Gulf, there will be room for collusion between government and business. Sheffield can support an army of more than 200,000 men without relying on the United Company. It will cost a lot of money. If

It would be best if it can be included in the war expenses. If not, the US Expeditionary Force is stationed in the Persian Gulf anyway, not far from the Eighth Army, so it is easy to transfer the investment in the accounts.

For example, some of the supplies for the American Expeditionary Force can be allocated to the Eighth Army.

The purpose of this private dinner was only one, to be smarter when participating in the war. But in the eyes of the other three, Sheffield was entirely for the country, trying his best to prevent the soldiers of the American Expeditionary Force from being wasted on the hellish battlefield.
Chapter completed!