Frank, the permanent undersecretary of the Ministry of Finance, reached out to take the document and nodded to Cabinet Secretary Norman Brooke, "We will give a professional assessment and strive to achieve gains for Nigeria and stock investors."
The Nigerian Petroleum Company is the most valuable asset in Nigeria. In the 21st century, Nigeria's oil provides more than 95% of the foreign exchange income of this country with a population of nearly 300 million.
From this point of view, it can be seen that the entire Nigeria is dependent on oil resources. Once there are twists and turns in the oil industry, the entire Nigeria will be turbulent.
Now this wealth has just been delivered to the Ministry of Finance from Alan Wilson, who is pushing for the listing of the Nigerian Petroleum Company in London, which is also part of this currency war.
"Although everyone knows that I am a pro-American faction, when it comes to the pound issue, there is nothing to say. Even if we are unwilling, we must fight against the source of the pound crisis."
Alan Wilson's face was as dark as water, and he seemed to be regretting the twists and turns in the special relationship between Britain and the United States. Unfortunately, there was no audience for this performance, and everyone who was pro-American just listened to it. You are addicted to the performance, right?
Alan Wilson was very unjustly accused. He had contributed to the US export industry in Paris and bought a Cadillac for Xia Meng, which proved that he was pro-American, but this matter was not suitable for Whitehall to know.
A 1959 Cadillac Eldorado, with special features including leather interior, chrome wheels and radio, sold for $8,000.
Today's Cadillac was positioned higher than Mercedes-Benz in the 1950s. It is not the emperor who became famous with Toyota's bayonet in later generations and was beaten by the three German giants. In his youth in his previous life, Cadillac had
For a while it was still more popular than the three German giants.
But later on, it was the same fate as Land Rover and Jaguar. The brand value was left behind by the three German giants. After Land Rover and Jaguar were sold to India, the brand value dropped. I don’t know why Cadillac did this.
And now, this is the most luxurious car in the world besides several sky-high-priced models in the UK. He bought one as a gift to Xia Meng, which is enough to prove that he is a pro-American.
"Okay, please sit down. This time, the source is Zurich. In fact, we all know where the source of the run on the pound is. It is the focus of our meeting." Norman Brooke Shiran said, "The Prime Minister is also very concerned about this matter.
We all believe that this run on the pound will be shamefully defeated."
"Yes, yes." Senior Whitehall officials in the conference room nodded one after another, expressing their confidence in the United Kingdom.
"Allen also brought good news, using the listing of the Nigerian Petroleum Company to test market confidence. How to evaluate the value, the Ministry of Finance must come up with professional opinions. How to stimulate the potential of the private sector, I believe that is not a problem."
Norman Brook pondered for a while and said, "Personally, I am quite optimistic. The UK's gold reserves have increased to 4,500 tons. Although there is a big gap between the gold reserves of the United States and the United States, compared with the total size of the British economy,
In other words, the ratio is still higher than that of the United States, and of course there are other reasons.”
"In the final analysis, currency is maintained by confidence. Confidence comes from various sources, including military power, industrial power, and essentially national power. I believe that stabilizing the current exchange rate is definitely not a problem. The attempt to short the pound will not succeed."
Alan Wilson said with confidence, "The steel base in Kuching, Malaya, has a total annual output of 25 million tons. It supports the construction of the Middle East, Africa and even Goa, and provides goods entering the Australian market. It has goods
It can also be used as part of the pound mechanism."
Frank, the deputy secretary of the Treasury, holding a pen, said, "The Braston Woods system is essentially supported by gold. I don't believe that the United States will risk losing thousands of tons of gold reserves and fight with us to the end. In order to
Is one Iran worth it?”
"What does our chancellor think?" Norman Brooke asked. "There must be an explanation for exchange rate fluctuations."
Rab Butler is the current Chancellor of the Exchequer. After losing the election after the war, the Conservative Party promulgated the "Agricultural Charter" and other documents, and formally agreed to the Labor Party's policy of implementing a nationalized mixed economy and building a welfare state, thus
It eliminated the policy differences with the Labor Party, greatly changed the image of the Conservative Party in the minds of British voters, and won the support of many workers. This reform was called the Conservative Party's painless and permanent cosmetic surgery.
"The goblins of Zurich, a shameful attack on the pound." Frank brought up the words of former Labor minister Harold Wilson. "I believe this explanation will be accepted by voters. Of course, we cannot guarantee that everyone will accept it, although in
It's rare among ordinary people, but smart people always exist, and some people should know that this attack is coming from across the Atlantic."
"If this war over the pound makes the government feel pressured, it may cut military spending." Norman Brooke changed the topic and said, "Of course we don't want this to happen, I'm just saying that there is this
possible."
Alan Wilson pondered for a moment and said, "Dear Sir, cutting military spending is a very helpless move from any perspective. If it doesn't work, I will convene a meeting of overseas commissioners to allocate funds from the Overseas Assets Management Committee to protect the pound.
.”
"I'm just talking about a possibility. Judging from the current intensity, even cutting military spending is unlikely. It's still too early to say this now." Norman Brooke said with a smile, "At least from the Prime Minister and the Chancellor of Finance.
, I didn’t feel any pressure.”
"Get the affairs of the Nigerian Petroleum Company done well. The Prime Minister should be very happy to see this good news. Let Governor Azikwe come to London immediately. If he doesn't come, at least we still have the ability to replace Nigeria's future founding father.
.”
This chapter is not over, please click on the next page to continue reading! Having said this, Norman Brooke stood up and prepared to talk to Prime Minister Eden and Finance Minister Rab Butler about the listing of the Nigerian Petroleum Company in London.
Excluding the time when the United States cut off aid in the early postwar period, this should be the first time that Britain felt the hostility of the United States.
Of course, the first method adopted by Britain was the old method. Back then, it could package and sell British India, and now it can sell Nigeria.
From the British will never surrender until the blood of Indians is drained to the British will never surrender until the blood of Nigeria is drained.
In the past year, following the 1958 economic crisis, Britain's per capita income has narrowed further to that of the United States, to the point of negligibility.
In terms of total economic scale, what is reflected is that the proportion of the United Kingdom's economy in the United States is consistent with the proportion of the population of the United Kingdom and the United States. It is three times that of France and Germany, nearly four times that of China, and four times that of Japan.
Undoubtedly the second in the free world.
Under such circumstances, it would be unreasonable to throw away the rifle and surrender with hands. The United States is not easy to mess with, and Britain is not easy to mess with either. During the inquiry in the House of Commons, facing Harold Wilson's question, the Chancellor of the Exchequer Rabo
Butler also showed a tough attitude and used Harold Wilson's famous saying, "The goblins of Zurich and the supporters behind them will inevitably fail to achieve their goals, and their eagerness to move should be extinguished."
A few days later, Governor Azikiwe of the Dominion of Nigeria arrived in London. At this time, London was in December. Although London was not shrouded in smog as in previous years, Azikiwe, the governor who was accustomed to the tropical rainforest climate, was quite uncomfortable.
adapt.
Alan Wilson is not so uncomfortable. Recently, Greta Garbo's temporary stay in London has ignited his fiery heart. At this moment, there are three goddesses from different eras, taking turns to ignite his fiery heart, and mere hardships are nothing.
"I believe that once the Nigerian Petroleum Company is listed, it will be a huge benefit to Nigeria as a whole." Alan Wilson does not feel that Nigeria is at a disadvantage. Nigeria can use this to obtain financing from Europe and even North America.
The London Stock Exchange also has subsidiaries, such as the Montreal Stock Exchange in Canada, which was founded in 1874 and is currently the largest financial exchange in Canada. There is also the Toronto Stock Exchange. Considering the current international situation, in addition to the United Kingdom and the United States,
Apart from the stock exchange, he is the only one.
So for Nigeria, it is not just about getting financing from Europe. The Nigerian autonomous government and the military each have shares in this listing. As for the specific shares, it is not convenient to disclose. What happened to the military business?
Azikwe's own shares are very small compared to the first two, but personally he is undoubtedly a huge wealth. Of course, the Nigerian High Commissioner will also make a fortune, and this has nothing to do with Nigeria.
On Christmas Day, December 24, the long-awaited listing of the Nigerian Petroleum Corporation was officially listed on the London Stock Exchange. The scene on the London Stock Exchange was hot that day, and the shares of the Nigerian Petroleum Corporation drove the overall market rise.
"After all, it is a country with nearly one million square kilometers and a population of 30 to 40 million. It is the most promising industry." Alan Wilson's hanging heart finally felt relieved at this time.
"The United Kingdom will never relax its sanctions on Iran." On the same day, Eden made a solemn guarantee in the House of Commons as Prime Minister, "Iran will definitely be drowned in its own oil. The world does not need Iran. Iran is insignificant. This is
What I want to say now is a very obvious fact."
As soon as Prime Minister Eden finished speaking, the House of Commons burst into warm applause that lasted for a long time. The pound exchange rate was stable at 1:2.8 and did not move at all, and the entire United Kingdom showed its strength.
"It seems that the loss of British India has no impact on Britain?" The discussion in the White House of the United States with a surprised tone belonged to Presidents Eisenhower and Nixon.