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The President is Going to America! - Chapter 118

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  2. The President is Going to America!
  3. Chapter 118
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Only Noblemtl

Episode 118 – Hitler and George Washington

The meeting venue suggested by the New Jersey Standard was a large hotel in Atlantic City.

There is only one condition.

[Do not report to the press]

Our group entered the hotel and was guided straight up to the upper floor.

“You can come this way.”

The atmosphere in the room was dark and heavy.

My body is freezing.

“Welcome to New Jersey, Mr. Hitler.”

A large, muscular man sitting at the end of the table spoke.

This guy must be Walter Teagle.

President of New Jersey Standard.

“Nice to meet you, Mr. Walter Teagle.”

“As Mr. Hitler knows, we at Standard have been subject to various slanderous attacks over the past few weeks. There have been rumors that Mr. Hitler is pressuring the government to drive down the price of oil fields he owns…”

He frowned.

“Tens of thousands of letters poured into the company building, paralyzing work.”

“This is amazing. I receive tens of thousands of letters myself.”

Did the New Jersey Standard figure out what I was up to?

My plan is to sell the shale fields for a high price and make some cash.

I guess they’re suspicious too.

‘Standard doesn’t know how I found the genetic zone or if it’s profitable.’

Standard only knew two things.

The fact that there are actually oil fields in some of the places I found, and that Royal Dutch Shell is involved in the takeover bid.

“America is a free country, Mr. Hitler. It’s not our concern who gets into what business. But unnecessary competition can drag down an entire industry.”

“Tigle said, fiddling with his cigar.

“We at Standard New Jersey are willing to purchase the oil fields owned by Mr. Hitler for $12 million.”

“That’s an interesting offer, but I have to decline.”

“…”

“Royal Dutch Shell offered $15 million. Why would I sell for less?”

“The US government will not allow its oil fields to be transferred to Britain. As Mr. Hitler knows,

Tigle said with a frown.

“It is also unclear how much oil will come from these oil fields…”

“The relevant part has already been transparently disclosed by experts. Some places have already started drilling.”

Of course, it is only on a small scale.

The standard side must have hired experts to analyze it as well.

Let’s bounce off of it a bit more here.

‘If that doesn’t work out, we can find another genetic area and compete with Standard.’

The damage will be significant and the container plans will be pushed back, but in the long run, it’s a fight I’ll win.

Anyway, I know where the oil is.

“If you called me to criticize me, I will go now. Next time, please send me your proposal in writing so that we don’t waste each other’s time.”

Just as I was about to stand up, Tigle opened his mouth.

“Let’s do it for 13 million dollars.”

“Well, I think it’s still a bit lacking.”

“I don’t think Royal Dutch Shell was really asking for $15 million. $13 million. That’s the final offer.”

I cheered inwardly.

$13 million for oil fields that don’t even produce oil.

This is my highest single earnings since coming to the US.

Joseph Kennedy, sitting next to me, nodded slightly in agreement.

But it doesn’t end here.

“I think that’s acceptable enough.”

“There is one condition.”

“Tigle said, putting his cigar down on the ashtray.

Now it’s just beginning.

“Mr. Hitler ‘claimed’ to have found the oil fields using dowsing rods and astrology.”

“It’s not a claim, it’s a fact.”

Of course you wouldn’t believe it.

Tigle coughed and opened his mouth again.

“If Mr. Hitler discovers new oil fields after this contract, won’t we, the Standard Company, just sit back and lose money?”

As expected, you’re sharp.

As I discover new oil fields, the price of oil will fall.

Standard Oil’s losses will also increase.

“So what do you want?”

“If Mr. Hitler acquires new oil fields, we at Standard would like to have the right of first refusal to negotiate contracts. I think it will be enough for the next ten years.”

It’s the right of first negotiation.

They want me to hand over all the genetic resources I find to them.

Joseph, sitting next to me, whispered.

“Even from a standard standpoint, we need at least one safety device. We don’t know when we’ll find a new oil field.”

“It’s a safety device. Then let’s give it that much.”

Of course, I don’t intend to give it up just like that.

Rather, you may be able to gain more profit.

“Okay, then I’ll charge you a fee per barrel for the crude oil you drill from that field.”

“If it’s a fee per barrel… how much exactly are you thinking of?”

“Wouldn’t $1.50 a barrel be enough?”

“A dollar and fifty cents. You’ve got to be joking.”

Tigle leaned forward, tapping the table.

He opened his mouth with a smirk.

“The current price is $3 per barrel. That includes drilling and transportation costs… and they are asking for a commission of $1.50 per barrel.”

“…”

Instead of answering, I gave a faint smile. Of course, I was joking.

After a few years, the price of crude oil fell to around $1 per barrel, and in the 1930s it fell below $1.

“Then how about $1.20?”

“40 cents. No more. If you don’t accept it, I’ll pretend we never talked about it today.”

He let out a sigh of relief.

Who is in the top position right now?

Me, with public support and financial power?

Or the Standard that failed to secure genetic ground while being hated by the public?

“…”

Tigle stared at me with his mouth shut. The other Standard officers approached him and whispered something.

“Then let’s do this. I will increase the acquisition cost of this oil field to $16 million. Any future oil discovered will be 45 cents per barrel.”

16 million dollars.

I tried hard not to laugh. The amount was three million dollars more than the original amount.

That’s enough money to advance the construction of the Compound H factory and invest in containers.

“I can’t take any more than this.”

Joseph whispered next to me.

I nodded and fell into thought.

At this point, being more stubborn will only hurt each other’s feelings.

There is no need to spoil the meal that has already been prepared.

“I think that’s acceptable enough. I’m glad we were able to find a compromise.”

I said with a smile.

“Oil is the lifeline of modern industry. Wouldn’t American citizens feel reassured if the supply is normalized as soon as possible?”

“…There aren’t many fish in the lake right now. If there are too many anglers, the fish will just disappear faster.”

Tigle said.

Are fish oil?

‘But there are a lot of fish under the American lakes.’

There are countless genetic areas yet to be discovered, from Texas to Alaska.

America was a blessed land in itself.

“Then let’s go now.”

I shook Tigle’s hand and left the building.

“Joseph, I have to hold a press conference soon.”

“Are you going to announce the results of the negotiations today?”

“No, there’s something bigger than that. It’s good news for Southerners.”

“Welcome news from the South?”

“What if a new oil field is discovered in Texas?”

“You’re looking for new oil fields now? If you knew, why didn’t you announce it before these negotiations?”

Joseph Kennedy frowned and asked.

“Even if we find a new oil field, the mining rights will go to New Jersey Standard.”

“Standard only has the right of first refusal over the oil fields I have ‘secured’. If it’s not mine, it’s useless.”

“That means…”

“Yeah, I’m just going to release it to the public.”

Joseph looked at me and raised an eyebrow.

“Are you in your right mind? If you do that, isn’t it obvious that Standard will buy them all?”

“Of course, if it’s normal genetics, then that would be the case.”

But East Texas is no ordinary oil field. It’s a big cake that no one company can monopolize.

Who could have predicted such a large genetic area?

“The oil rush is about to start, Joseph.”

And I become the hero who stabilized the price of oil in the United States. I got in the car, humming.

The question is how to make it public.

‘Shall I say that someone appeared in my dream and told me?’

The right person…

Oh, that guy would be enough.

Founding Father of the United States.

“There is no American who dislikes George Washington.”

***

A few days later, the New Jersey Standard sent a formal contract to the New York Hitler Company.

The details were tweaked, but the overall picture remained the same.

16 million dollars.

A fee of 45 cents per barrel for the oil fields later acquired by Hitler.

The media immediately reported the news.

[Hitler and Standard’s Grand Compromise!]

[Standard Oil has confirmed the existence of a large oil field after completing a geological survey and is investing additional technology to develop the shale layer…]

[The White House welcomes the move. Securing oilfields for U.S. companies to ensure security…]

As more Compound H plants are planned, governors are locked in a fierce bidding war.

Meanwhile, Morgan House was also excited about the new investment.

“In order to maintain management rights, we must maintain at least the current level. It seems difficult to hand over more shares to Mr. Hitler.”

Amelia Morgan said, handing over the papers. Across from her stood Morgan III.

“But without Hitler’s investment, the container project would never have started. IMM doesn’t have the capacity to make large-scale investments. Right now, even the executives, except for me, are skeptical. My father goes without saying.”

Morgan III frowned.

He calculated that containers had the potential to shake up the entire shipping industry.

All you need is initial investment capital.

If it could be proven to be effective, it would be easy to convince the board.

“Then, in return for receiving investment from Hitler, I promise him a special dividend. I can give him that in return when the profits increase later.”

“Then Hitler won’t accept it. If it fails, all the money will be gone…”

“In fact, it can be welcomed. If it succeeds, the profits will be greater.”

“If what you say is true…”

Morgan looked at her sister and smiled.

Amelia never showed much interest in anything other than numbers and mathematics since she was little.

That changed a few years ago.

It was clear who had the influence.

“You both just happened to be here.”

Jack Morgan burst through the door.

“Why are you like that, Father?”

“Read this.”

The Morgan siblings looked at the morning newspaper their father had handed them.

[Hitler Discovers Giant Oil Field in East Texas!]

[A total of 140,000 acres! The largest oil field since the discovery of America!]

[Hitler Met George Washington in a Dream?! Religious People Say It’s Decisive Evidence That America Was Chosen by God…]

[Did George Washington, who appeared with an angel, really reveal the genetic zone?]

[Adolf Hitler released specific information about the oil fields, which attracted tens of thousands of investors and miners to East Texas…]

[Why did Hitler reveal the oil fields? According to him, he had a dream in which George Washington told him to give the oil to the Americans…]

“What the heck…”

Morgan III burst into laughter, as if he found this ridiculous.

“We found another large-scale genetic resource. Is there really something to astrology?”

“Why did you release this oil field after the negotiations were over? If you had used it, you would have gotten a much higher price…”

Amelia muttered, putting down the newspaper.

Hitler gave priority negotiating rights to Standard Oil.

But that provision only applies to land owned by Hitler.

“Hitler didn’t buy up all these oil fields.”

“Yes, Hitler only owns 10% of the Texas oil fields. That’s all he gives to Standard under the contract.”

Jack Morgan nodded.

“The hyenas are already swarming the rest of the land. Once the independents start drilling for oil, no amount of standard can stop them.”

“Standard will have to pay the same fee per barrel even if the price of oil crashes.”

Amelia muttered.

Perhaps this was the situation Hitler was aiming for from the beginning.

Selling off unprofitable oil fields at high prices and opening up large oil fields to the public causes the price of oil to plummet.

From Standard’s perspective, it would be a loss whether they developed the Texas oil fields or not.

Even in standard terms, this scale would not have been predicted.

“If Hitler had handed over the entire oilfield, Standard would have controlled production…”

If other companies start digging like this, Standard will have no choice but to lower its prices.

“That bastard Hitler had this card in his hand from the beginning. He used the largest oil field in the history of the United States as a joker card. He’s a vicious bastard.”

Jack Morgan sighed.

“…”

Amelia stared blankly at the newspaper.

Hitler, who did not hide his genetic material but made it public.

‘Get the cash, demonize Standard, and make the oil fields public.’

How many people can see through his true nature?

“This is really fun.”

===***===

Author’s Note

Q: When was the East Texas oilfield discovered?

A: The oil field discovered in eastern Texas in 1930 was called the Black Giant.

This oil field was the largest ever discovered, and helped East Texas to prosper even during the Great Depression.

Dad Joiner, the oil discoverer who revived East Texas, enjoyed immense popularity, with some newspapers even calling him “the next Moses, leading us to the promised land flowing with milk and honey.”

Because of its massive size, Black Giant was produced primarily by independent oil producers rather than large corporations.

As competition intensified, oil prices continued to fall until the government intervened.

The price of oil, which once exceeded $3 per barrel in the 1920s, plummeted to 2 cents per barrel due to the Texas oil rush.

(Source – The Fountain of Gold, Daniel Yergin)

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