Morgan acted quickly, he was energetic, and his staff were efficient. It didn't take long for him to investigate Tesla's financial trends clearly.
There was no need to guess, as expected, all the money was spent on wireless power transmission experiments.
Morgan was really angry and immediately cut off all financial support from Tesla.
Tesla now has no financial assistance at all.
What's more important is that one of his AC generator patents will expire next year, and there will really be no food supply at that time.
Fortunately, Wardenclyffe Tower has not been repossessed for the time being, because real estate developer Warden has finally made money.
This tower temporarily became Tesla's spiritual pillar, but its days are numbered.
In addition, the owner of the Waldorf Astoria Hotel had a good personal relationship with him and still retained his right to live in the hotel.
Li Yu wanted to have a good chat with him about the next issue about radio, but when he arrived at the laboratory, he found Tesla already drunk with a bottle of whiskey in his arms.
Lu Bicheng saw this scene and asked: "He was in high spirits a few days ago, why is he like this today?"
Li Yu said helplessly: "I guess he felt that the wireless power transmission experiment was hopeless, so he was very sad. After all, it was something that he had spent many years of hard work on, and now it was suddenly lost, as if... it felt like he was broken up in love."
"The feeling of falling out of love?" Lu Bicheng asked in surprise.
Li Yu nodded: "For him, technology is his lover."
It is indeed a reasonable guess that Tesla never married.
Lu Bicheng looked at Li Yu: "Technology is so attractive?"
Li Yu said: "Of course."
"and you……"
Before Lu Bicheng could ask, Mr. Morgan's assistant Spencer knocked on the door of the laboratory.
There was no discussion about "women will only affect the speed at which I write papers".
Li Yu opened the door, saw Spencer and asked, "Are you looking for Mr. Tesla?"
Spencer smiled and said: "No, I'm looking for you."
"Looking for me?" Li Yu asked.
Spencer said: "Mr. Morgan has been extremely disappointed with Mr. Tesla. He seems to have never been able to see clearly the relationship between technology and economics, and always wants to do what he wants."
Li Yu said: "This is his character. In Chinese, it is said that the country is easy to change, and the nature is hard to change, but this is also what makes him attractive."
Spencer gave a thumbs up: "What a proverb! As expected of a person who can write today's best-selling science fiction novels, your literary talent is also so excellent."
This was a bit exaggerated. Li Yu said: "It's not elegant."
Spencer glanced at Tesla, and then said: "Mr. Morgan just appreciates the character of Eastern people like you. As you just said, your nature is hard to change. So Mr. Morgan wants to cooperate with you."
"Cooperate with me?" Li Yu asked in surprise.
Spencer said: "Mr. Morgan has the latest policy trends, such as a bill that is about to be implemented, related to the vast market of radio."
Li Yu immediately understood the meaning of the other party's words: "Do you want to invest?"
Spencer smiled and said: "Don't worry, we will not seek any control over your company. But as a financier, Mr. Morgan hopes that you can be listed on the New York Stock Exchange."
"Going public?!" Li Yu really hadn't thought about this joint so far.
Spencer said: "Yes, this way you can not only raise the funds needed for the company's expansion, but also protect the company from being controlled through the equity contract."
Li Yu thought about it for a while, and realized that Morgan's proposal did have some reference value, and it could also transfer risks.
Spencer continued: "You can go to Mr. Morgan's office to discuss this matter with him in detail. The area that Mr. Morgan is most interested in recently is radio-related business."
Li Yu followed him to Morgan's office.
Morgan first said: "Mysterious scientist from the East, we meet again. Recently, I have been reading your Star Wars novels, which are really fascinating. There are many imaginative and advanced things in them that make me salivate. If they can become a reality, they will definitely make you a
People richer than me."
Li Yu said: "It's just science fiction."
Morgan picked up his pipe and changed the topic: "Let's talk realistically. According to my reliable information, the governments of Europe and the United States have held an international conference on the application of radio."
Li Yu asked: "When did it happen?"
Morgan said: "Just a month or two ago, the reason for the convening was because after Prince Heinrich of Germany finished his trip to the United States, he wanted to use wireless equipment to convey his gratitude to President Theodore Roosevelt, but he was unable to do so.
The signal goes to the White House."
Li Yu understood the reason: "Could it be that the receiving station refused to forward it?"
Morgan said: "You are right, the coast station that refused to forward is owned by Marconi Company. They had previously signed a contract with Lloyd's of England and other companies, and one of the key requirements was to ban Marconi Company's
The equipment communicates with non-Marconi equipment. And the equipment used by the German Prince happens to be not Marconi equipment.”
In fact, some radio equipment has appeared in Europe in the past two years, but because there is no advanced technology such as triodes, the power is generally not high and the quality is not excellent enough.
Anyway, it can't be compared with Li Yu's stuff. The triode technology in Li Yu's hands is a big killer.
However, Marconi still relied on his first-mover advantage and business acumen to establish a radio monopoly.
Li Yudao: "Radio waves are a shared resource, and it is not too difficult to understand and copy radio technology. Marconi Company really went too far."
Morgan said: "I didn't know much about the specific details before, but since I saw the radio equipment you gave me, I was deeply shocked, so I did some in-depth study. And I have seen some Marconi equipment used in base stations.
, they are huge, expensive and unstable, so I think you are very competitive."
Although Morgan doesn't understand very profound technologies, he is a graduate of a powerful science and engineering school like the University of Göttingen in Germany, so he has some knowledge.
Moreover, his truly terrifying ability lies in his control of business judgment. This is his special skill, otherwise he would not be able to become the world's creditor.
Li Yu said: "So you chose me between me and Marconi."
Morgan laughed and said: "Exactly. In fact, Marconi has provoked a lot of people. I understand his monopoly strategy very well, but the actual operation is full of loopholes, because he simply cannot capture such a large market, but
I want to use technical barriers to prevent others from using other companies’ radio equipment.”
Li Yu thought to himself that when it comes to understanding monopoly, no one really understands it better than the current super chaebols in the United States.
In addition, aren’t technical barriers something that you Americans like to engage in the most from now on?
Morgan continued: "Because he blindly wanted to prevent others from forwarding information through contracts when he had insufficient market share, he offended Prince Heinrich of Germany. So Germany summoned the United States, Britain, France, and Russia to
Nine countries including Italy and Spain held a preparatory meeting on wireless telegraphy and called for the establishment of a unified radio transmission and reception system."
This radio conference held in Berlin, Germany, can be regarded as the first large-scale international conference in history.
The reason turned out to be about radio.
However, it is basically a discussion between governments, so there are no technical personnel or radio companies participating.
Li Yu said: "Actually, my request is also for civilian use. Only if it is open to everyone can radio have a future."
Morgan took a puff of his pipe and said: "Now I finally understand that your idea is correct. With a broad market, there is no need to worry about not making money. Moreover, your technology is far superior to Marconi's. In the future, radio
You will be the next super company in this field."
Morgan is already one of the richest people in the United States. There are not many things that interest him, and radio is one of them.
Li Yu certainly understands the meaning of the words "super enterprise". If you want to achieve large-scale radio coverage, you need to build countless base stations, and even ocean-going base stations. This kind of capital investment is very huge.
Even if only the basics are guaranteed, the demand for cargo ships alone will be overwhelming.
Because now the shipping industry is most necessary and desirable to have wireless. In this "Age of Discovery", ship trade is the most important. They often wander at sea for more than a month, almost losing contact with the land.
So the shipping industry desperately wanted a reliable communications facility, just as it desperately wanted accurate clocks for longitude measurements many years ago.
Li Yu thought for a while and basically agreed with Morgan's statement.
After all, as a super financier, Morgan’s vision and some views on business need to be recognized and learned.
Li Yu said: "But with my current scale and conditions, I don't think it is enough to meet the standards for listing."
In the early days, it was not easy to list on the New York Stock Exchange.
Morgan said: "Do you think this can trouble me? You just need to consider the listing procedures and draft the equity contract, otherwise you will be eaten up by the huge funds."
Li Yu guessed that his reminder was not entirely out of good intentions, but perhaps because of his relationship with the Carnegie family, which made him scrupulous.
However, even without the Carnegie family, Morgan only wanted to make investments and did not want to eat up too many companies. Otherwise, it would become a failed Beiming magic skill, and the internal energy absorbed would only come back to bite him.
He just wants to invest in stocks and make a lot of money. Simplicity and convenience are the goals of financiers.
Otherwise, he would not have helped Li Yu go public.
After Li Yu figured out the relationship behind it, he said: "I will find a lawyer to prepare for the listing as soon as possible."
Morgan said: "Very well, I will wait for your arrival again."
——
After leaving Morgan's building, Li Yu immediately searched for traces of the lawyer in his mind.
The United States has always had great respect for doctors and lawyers. Being a doctor or lawyer in the United States is an extremely lucrative and honorable job.
But now Li Yu really didn't know any lawyers. He thought about it and suddenly thought of someone.
So I immediately set off to New York's Chinatown.
"Mr. Situ Meitang!" Li Yu found him at the newspaper office.
"Brother Li Yu!" Situ Meitang was also very happy to see Li Yu. "I didn't expect you to come to New York again. I didn't even have time to visit you."
Li Yu smiled and said, "Why don't I come to the door in person? It's more convenient."
Situ Meitang said: "The factory you run is really good. It has recruited nearly a hundred Chinese workers and solved the financial situation of hundreds of families at once. I really don't know how to be grateful for this great kindness!"
Nowadays, most Chinese in the United States are basically related to Hongmen or its major branches, and they stay together for warmth.
Situ Meitang also has a strong sense of patriotism and cares about the country.
He had a close relationship with Mr. Sun Yat-sen and President Chiang Kai-shek ever since, and even climbed the Tiananmen Gate Tower during the founding of the People's Republic of China.
As the future Hongmen godfather-level boss, even when he rebelled against Chiang Kai-shek and resisted Japan, Principal Chiang still wanted to treat him as a guest of honor.
But for the time being, Situ Meitang has not yet become the leader of Hongmen.
Li Yu said: "It makes me happiest to be able to help my fellow villagers. That's why I do this. Mr. Situ doesn't need to thank me."
Situ Meitang praised: "It's really a great pattern."
Li Yu said: "And as companies and factories expand in the future, more Chinese workers will definitely be recruited."
Situ Meitang could hardly sit still. He stood up and bowed: "I want to thank you for all the Chinese in New York, no, all the Chinese in the United States!"
Li Yu couldn't bear his courtesy, so he quickly stood up and said: "Mr. Situ, it is still a vision, and we still need everyone's cooperation."
Situ Meitang said: "If you have any questions, just tell me! If I, Situ Meitang, say no, I will become the dead soul of Raven's gun."
Li Yu smiled and said: "I believe Mr. Situ. I just have something I want to ask you to handle. In order to expand the factory and raise funds, I want to be listed on the New York Stock Exchange, but a lot of legal work is required in the early stage."
"Law?" Situ Meitang thought for a while and said, "I happen to have a friend who knows American law very well, but he is only a law graduate student now and has not entered a law firm."
Li Yu smiled and said: "Graduate students can do it too."
Situ Meitang said: "In fact, it is not easy to find a law firm that is more concerned about Chinese affairs nowadays, because they all feel that Chinese people have no legal status and cannot win lawsuits. But this graduate student does not seem to have many
bias."
Li Yu said: "Listing a company and going to court are two different things. As long as the terms can be worked out clearly, it's fine."
Situ Meitang said: "That's good. I don't think he will object, because President Theodore Roosevelt once personally hosted a dinner for you at the White House, and he is the distant nephew of the current president, named Franklin Roosevelt."
Situ Meitang paused and added: "He was born into a noble family, but he was not a playboy, so he was not one of those ordinary beauties in the country, comparable to the Baylors. He is not famous now, and you have never heard of him, but his
His knowledge is very good."
It seems that Situ Meitang has a good taste.
But how could Li Yu not have heard of the dignified President of the United States during World War II? He was much more famous than his distant uncle, the current President Theodore Roosevelt.
Li Yu smiled and said: "Since I believe in Mr. Situ, I naturally believe in the young Roosevelt you recommended."
Situ Meitang suddenly said: "You believe in me so much, otherwise how about we become brothers?"
Li Yu was still thinking about how to meet Roosevelt, and suddenly said in surprise: "I want you to help me?"
Situ Meitang smiled and said: "Although I have some high standards, I really appreciate your character, knowledge and abilities, brother. Please don't deny me this face."
Li Yu didn't react for a while, because he knew that he would have a relationship with Mr. Zhongshan soon. How would this matter when the time comes...
Seeing that Li Yu was silent for a while, Situ Meitang said, "Brother, don't you dislike me?"
Li Yu hurriedly came to his senses and said: "Of course not, I'm the elder brother, please accept my bow!"
Situ Meitang laughed loudly and bowed his head.
"Today is really fun. Let's not talk about the listing. Let's have a few drinks together and talk about it!"