America 1861: the Mississippi Tide Comes

Did the South really lose? The vice president who became the official after Lincoln's death was a Southerner, and in the end he only lost the war.

The South's chances of winning the Civil War were too low. The cost of failure for the South was too low. The North could lose many times, but the South could only lose once or twice.

James is James, Lu Qingcang is Lu Qingcang, what the hell are you going to call him? You've already traveled through time, do you still need to care?

Qiuzhui

Morgan Group: Morgan Stanley, one of the world's largest investment banks, with operating income of US$76.7 Billion in 2007. Morgan Bank (later merged with the Rockefeller family's Chase Manhattan Bank to form JPMorgan Chase Bank) is the third largest bank in the United States, with operating income of US$99.9 Billion in 2007. GE General Electric Company is the world's largest manufacturer of electromechanical equipment and one of the world's three largest aero-engine manufacturers. Sales revenue in 2007 was US$172.738 Billion. General Dynamics, a US defense conglomerate. In 2008, General Dynamics was the world's fifth-largest defense industry contractor. Operating income in 2007 was US$27.2 Billion. Grumman Aircraft Company is the world's third largest arms company and one of the major manufacturers of US aircraft carriers and fighter jets. IBM is the world's largest IT company with operating income of US$91.4 Billion in 2007. General Motors The world's largest automobile company, with operating revenue of US$207.3 Billion in 2007, AT&T, one of the world's largest communications service providers, with operating revenue of US$63.3 Billion in 2007, and U. S. Steel, once the world's largest steel company, with operating revenue of US$15.7 Billion in 2007. Rockefeller Group; Exxon-Mobil Oil Company, the world's largest oil company, with operating income of US$347.2 Billion in 2007 Metropolitan Life Insurance Company, operating income of US$53.27 Billion in 2007. Its subsidiary Chase Manhattan Bank (later merged with Morgan Bank) is the third largest banking group in the United States, with total assets of more than 660 billion U. S. Dollars. Westinghouse Electric is one of the world's nuclear power giants, with total assets of more than 3 billion U. S. Dollars. United Airlines is the second largest airline in the United States, with 501 large passenger aircraft and 2007 operating income of US$19.3 Billion. Martin Marietta is one of the U. S. Arms companies and a manufacturer of the MK41 missile vertical launch system. Sperry Rand Corporation One of the earliest manufacturers of computer equipment in the United States. Citigroup; Citibank, the world's largest financial group, with total assets of more than 1 trillion U. S. Dollars, operating income of 146.8 Billion U. S. Dollars in 2007, its subsidiary Boeing Company, the world's largest aircraft manufacturer, operating income of 61.5 Billion U. S. Dollars in 2007 (Citigroup is the majority shareholder) J. C. Penney, the largest store and drug store retailer in the United States, operating income of 19.9 Billion U. S. Dollars in 2007, Caterpillar The world's largest manufacturer of machinery and equipment, with operating revenue of US$41.5 Billion in 2007. 3M Company, a multinational company with a long history, produces more than 50,000 products, with operating revenue of US$22.9 Billion in 2007. United Technologies, Pratt & Whitney, one of the world's three largest engine manufacturers, is a subsidiary of Carrier Corporation, the world's largest air-conditioning equipment manufacturer. Sikorsky is the world's largest helicopter manufacturer, and Otis Elevator Company is one of the world's largest elevator companies. DuPont Consortium; General Motors, the world's largest automobile company, with operating income of US$207.3 Billion in 2007 (jointly controlled with Morgan) DuPont is one of the world's chemical giants, with operating income of US$28.9 Billion in 2007. Boston Consortium; First National Bank of Boston One of the oldest banks in the United States, with total assets of approximately US$200 billion John Hancock Mutual Life Insurance Company, Massachusetts Mutual Life Insurance Company, Bell Helicopter Company One of the world's major helicopter manufacturers, Raytheon Company The third largest arms dealer in the United States, the world's largest radar and missile manufacturer (it has not yet completed its controlling stake, but is in the process of controlling it) with operating income of US$23.3 Billion in 2007. Mellon Consortium; Alcoa, the world's largest aluminum products company, with operating revenue of US$30.9 Billion in 2007, Gulf Oil Company, one of the six largest oil monopolies in the United States, operating revenue of US$30 billion in 2007, Armco Steel Company, one of the largest steel companies in the United States, operating revenue of US$27.8 Billion in 2007 Rockwell International, one of the major arms companies in the United States, space shuttle manufacturer, Goodyear Tire Company The world's largest tire company, with operating income of US$20.3 Billion in 2007, Mellon National Bank The world's largest financial securities firm, with assets under custody exceeding US$18 trillion, Pittsburgh National Bank, General Reinsurance Company. Cleveland Consortium; Republic Steel Company The third largest steel company in the United States, Lex-Youngstown Steel Company, Armco Steel Company The world's 53rd steel company, with an output of 5.88 Million tons in 2007, National Steel Company, Goodyear Tire Company The world's largest tire company, 2007 operating income of 20.3 Billion US dollars, Firestone Tire and Rubber Company, Chicago Consortium; Chevron-Texaco Petroleum The second largest oil company in the United States, with operating income of US$200.5 Billion in 2007 Bank of America The second largest bank in the United States, with operating income of US$117 billion in 2007, Deere & Company The largest agricultural equipment manufacturer in the United States, with operating income of US$22.8 Billion in 2007, Sears Department Store The largest department store in the United States, with operating income of US$53 billion in 2007, Tiffany Jewelry The largest jewelry retailer in the United States. California Consortium; Bank of America, the second largest bank in the United States, with operating income of US$117 billion in 2007. (It was Giannini's Bank of America, which later merged with Bank of America) Bank of the West, Wells Fargo, major banks in the San Francisco area of ​​the United States, with operating income of US$47.9 Billion in 2007, Lockheed Martin, the world's largest arms company, with operating income of US$39.6 Billion in 2007 (taken away by the Rockefeller and Mellon consortium) Litton Industries, the fourth largest arms dealer in the United States, manufacturer of fighter jets, destroyers, and cruise missiles. (Litton Industries is still in the hands of the California consortium) Northrop Grumman is the world's second largest arms company, with operating income of US$30.3 Billion in 2007 (taken away by the Morgan family and the DuPont family). Texas Consortium; First National Bank of Dallas, First City National Bank of Houston, Republic Bank of Dallas, Texas Commerce Bank. Tonic Corporation, the largest oil and gas pipeline transportation company in the United States, LTV Company, the fifth largest arms dealer in the United States, Hughes Aircraft Company, one of the American aviation manufacturers (bought from Morgan, the aerospace and defense business of Hughes Electronics was merged into Raytheon, and Raytheon also obtained half of the control of Hughes Laboratory. In 2000, Boeing acquired Hughes Aerospace and Communications Company, and divided the Hughes Laboratory with Boeing, General Motors and Raytheon, and the rest went to the Texas consortium.) Texas Instruments The world's largest integrated circuit manufacturer, with 2007 revenue of US$16.7 Billion. The Boston Consortium is composed of the top founding political families in the United States; the Lowell, Lawrence, Hamilton, Adams, and Lodge families joined forces with the emerging Kennedy family to form the Boston Consortium. The Cleveland Foundation is named after Cleveland, where it is located. In the second half of the 19th century, there were several wealthy families in the Cleveland area who were closely related to each other, mainly the consortium composed of the Mather family, the Hanna family, the Humphrey family, the Eaton family and other families. The Chicago Consortium is a consortium in the Midwestern United States. In the early 20th century, it was composed of the local wealthy families McCormick family, Wood family and the emerging Crown family. It was named after the Chicago area as the center of activity. The Texas Consortium is a new consortium that arose in Texas after World War II. It developed mainly by relying on the oil industry and the arms industry. Take K. W. The McKesson family, S. The Richardson family, H. L. Hunter family, J. The Brown family, J. A. Founded families such as the Elkins family and the Bush family are represented. Citigroup; jointly controlled by the Stillman and Rockefeller families, Citibank emerged as the settlement bank for the Rockefeller Group. The Morgan family acquired the New York Central Railroad Company of the Vanderbilt family during World War II. Then in 1968, the Morgan family acquired the Pennsylvania Railroad Company controlled by the Kuhn-Loeb consortium of Squid through acquisition. Morgan then merged the two railroad companies into one company. Oh, by the way, General Dynamics was also acquired by the Morgan family from the Kuhn-Loeb consortium of Squid during World War II. Westinghouse Electric of the Rockefeller consortium was also acquired from the Kuhn-Loeb consortium of Squid through World War II. In other words, the Kuhn-Loeb consortium, the representative of Squid in the United States at the time, was divided up by established American families.

Skull and Bones Family, Democratic Harrison Family (Railway finance tycoon political family) Republican Taft family (the Walker family, the founder family of Skull and Bones), Hutney family, (arms railroad tycoon family) Bush family, (political finance family) and another founding family of Skull and Bones, the Russell family (the largest opium trader in China in the United States, Qi Chang Yang Company belongs to their family), Russell family (also the founding family of Skull and Bones) The family that made their fortune selling opium) the Grant family (the family of the commander-in-chief of the Northern Army during the Civil War) the Ponty family (a family of railroad, military, industrial, and political tycoons) the Lord family (one of the American chemical giants, an important force in technological innovation and industrial development.) The Garfield family (the family of the 20th president of the United States) the Harrison family (the top American family, who produced two presidents, his grandfather and grandson) the Rockefeller family. William Howard Taft (Member of 1878), the 27th President of the United States and Chief Justice of the United States. Robert Alphonso Taft (Member of 1913) (eldest son of President Taft) U. S. Senator and Republican leader of the U. S. Senate. He served as a Senator in the U. S. Senate for 14 years until his death (1939-1953) Henry Lewis Stimson (Member of 1888) was a famous American strategist and implementer of the first golden age of Skull and Bones. From 1911 to 1913, he served as Secretary of War (he was President Taft's protégé) and from 1928 to 1929, he served as Governor-General in the Philippines. He served as Secretary of State from 1929 to 1933. After President Roosevelt was elected in 1933, Stimson served as a special adviser to the new Secretary of State (because of the very good relationship between Stimson and Cordell Hull, the longest-serving Secretary of State in the United States), guiding the new Secretary of State to familiarize himself with foreign affairs, which became a legend for a while. After Japan and Germany became the source of war in Asia and Europe, they called on the United States to abandon isolationism. After the outbreak of World War II, he actively advocated interventionism and advocated supporting anti-fascist countries. From 1940 to 1945, Stimson was re-elected as Secretary of the Army in the administrations of Presidents Franklin Delano Roosevelt and Harry S. Truman. (Stimson was also the chief director of the Harmanton Project) During his more than 30 years in politics, he served seven U. S. Presidents, including Theodore Roosevelt, William Howard Taft, Woodrow Wilson, Calvin Coolinch, Herbert Hoover, Franklin Roosevelt and Truman. Stimson was a power-hungry political roly-poly. William Averell Harriman Harriman, (Member 1913) New York, November 15, 1891 - Yorktown, New York, July 26, 1986), American businessman, diplomat, politician, member of the Democratic Party of the United States, born into a wealthy and privileged family, his father was Edward Henry Harriman, the American railroad king in the late 19th century. He attended the elite Groton Preparatory School as a child, graduated from Yale University in 1913, and was a member of the Yale University Skull and Bones Society. He began his business career with the Union Pacific Railroad, which his father reorganized in the early 20th century. During World War I, he evaded military service and invested the inherited industries into new enterprises. In 1918, he became a merchant shipbuilding company and soon owned the largest fleet in the United States. Two years later, he established the International Investment Company and Harriman Brothers Bank named after him on Wall Street. In 1932, he became chairman of the Union Pacific Railroad and the Illinois Central Railroad. He was involved in politics and diplomacy during the Great Depression, and although he opposed many New Deal programs, with the help of their mutual friend Harry Lloyd Hopkins, he was absorbed into the Democratic Party and Franklin Roosevelt's administration, serving as chairman of the Department of Commerce's Corporate Advisory Council and actively supporting the National Recovery Administration. In the early years of World War II, the president needed his business talents and his close ties with Europe. In 1941, he served as the special representative of the President of the United States to the United Kingdom. Later, he served as the liaison representative of the Shipping Adjustment Bureau and the Bureau of Production and Resources in the United Kingdom, presiding over the implementation of the Lend-Lease Act. US$30 billion in aid was given to the Commonwealth, US$10 billion to the Soviet Union, and US$1 billion to China. In September of the same year, he led a delegation to attend the talks between the Soviet Union, the United States, and Britain in Moscow. He served as ambassador to the Soviet Union from 1943 to 1946 and met with Stalin on many occasions, where he gained Stalin's trust and earned a reputation as an expert on the Soviet Union. He has attended major international conferences in Quebec, Cairo, Tehran, Yalta and Potsdam. Later in the war, he suggested that the U. S. Government adopt a tough policy toward the Soviet Union on Eastern European issues. Still active in politics after the war, he served as the U. S. Ambassador to the United Kingdom (1946) and the U. S. Secretary of Commerce (1946-1948) during the Truman administration. During his tenure, he was committed to the de facto Marshall Plan, which was developed to rebuild the European economy after World War II. During the Korean War, he held various positions, including special adviser to the National Security Council, U. S. Representative to the North Atlantic Treaty Organization, and administrator of the Mutual Security Agency. In the early 1950s, Harriman aspired to become president or secretary of state. In the 1952 presidential election, when voters abandoned the Democratic candidate and elected Eisenhower, he was successfully elected as the governor of New York State in 1954 (1955-1958). Politics was considered a weak link for the businessman-diplomat, who failed in his bid for re-election. In the early 1960s, during the terms of Presidents John F. Kennedy and Lyndon Johnson, Harriman's diplomatic talents were once again put to use. He held multiple positions in the State Department and performed various major diplomatic missions as a presidential envoy. He led U. S. Delegations to resolve crises in Congo, Laos, and Vietnam. Arguably, his greatest achievement was the signing of the 1963 Nuclear Test Ban Treaty, a limited liability agreement signed by the United States, the Soviet Union, and many other countries to ban nuclear testing on land and in space. In the 1970s and 1980s, Harriman made several private trips to Moscow, and often provided his private views to sitting presidents. He is the author of "Special Envoy: Dealing with Churchill and Stalin" and so on. Oh, by the way, Harriman's wife Pamela Beryl Harriman is the former daughter-in-law of British Prime Minister Churchill. Mrs. Harriman had a son with Churchill's son. In 1945, he divorced Churchill's son. By the way, she was also the biggest financial backer when President Clinton was running for president. John Hay Whitney (Member of the Class of 1926) was born on August 27, 1904, in Ellsworth, Maine, USA. His ancestor John Whitney was a Puritan who crossed the sea on the "Mayflower" with William Bradford and landed in Massachusetts in 1635. John Hay Whitney's father, Penn Whitney (Class of 1878) (a cabinet secretary under President Taft, the two were classmates and friends), and his grandfather, William Collins Whitney (Secretary of the Navy from 1884 to 1889), played important roles in rebuilding the Navy after the Civil War. In 1865, he became a lawyer in New York City and actively participated in the activities of the local Democratic Party. In 1884 he promoted the Democratic presidential nomination of Grover Cleveland. After Cleveland took office, he appointed him Secretary of the Navy. The U. S. Navy was not taken seriously after the Civil War. Under his leadership, funding for the Navy more than doubled. He implemented a huge ship construction project and built the "Maine" battleship and other ships. After President Cleveland failed to be re-elected, he chose to return to New York, presided over the city's public transportation company, created a high-speed transportation system, and continued to actively participate in Democratic Party activities. John Hay Whitney's grandfather was the 37th U. S. Secretary of State John Milton Hay (President Lincoln's personal secretary). John Hay Whitney's mother was Helen Hay Whitney. John Hay Whitney's father, Penn Whitney, was a neighbor of the James Duke family (founders of the American Tobacco Company and the American Duke Electric Company). Therefore, John Hay Whitney's uncle, Oliver Hazzard Penn Whitney, became James Duke's business partner, and together they founded the American Tobacco Company. John Hay Whitney graduated from Yale University in 1926 and went to Oxford University in England to continue his studies. During his studies in England, due to the death of his father, Whitney interrupted his studies in England and returned to the United States. After his father's death, he inherited the $20 million property left by his father, Penn Whitney (equivalent to more than $200 million today). At the same time, his family patriarch Amos Whitney was the founder of the Pratt & Whitney Group, one of the two largest aero-engine manufacturing companies in the United States. After the death of his father, Penn Whitney, John Hay Whitney became the majority shareholder of the Pratt & Whitney Group's board of directors. After that, John Hay Whitney inherited assets of $6 million from his mother, Helen Hay Whitney, four times. John Hay Whitney also inherited his love of horse racing from his father's generation and passed this hobby on to his sister, Joan Whitney Payson. Jock and his sister ride racehorses at their family's Green Stables estate in the United States. In 1928, John Hay Whitt was elected as the youngest member of the American Horse Racing Association. In 1929, John Hay Whitney was working as a clerk for the Lee, Higginson Company, where he met Longbourne Mead Williams, who was working for the Freeport Texas Company. Son of Founder, Freeport Texas Co. It is a company that produces sulfur minerals. William accepted John Hay Whitney's aid to purchase stock in his company, thus ousting the chairman of the board. Later, John Hay Whitney soon became the largest shareholder of the company, which also allowed William to reorganize the company and gain actual control. In 1933, William became the chairman of the board of directors of Freeport Texas Company, and John Hay Whitney also became the boss behind Freeport Texas Company. After divorcing his first wife in 1940, John Hay Whitney married Betsy Cushing Roosevelt again in 1942. Betsy Cushing Roosevelt was also divorced. Her ex-husband is James Roosevelt, (the son of President Franklin Roosevelt and with whom he has two daughters, Kate and Sarah) Whitney Corporation is one of the oldest venture capital firms in the United States. John Hay Whitney and Schmidt co-founded the venture capital firm in 1958 when John Hay Whitney was the U. S. Ambassador to the United Kingdom (because John Hay Whitney was one of President Eisenhower's biggest supporters, he appointed John Hay Whitney after Eisenhower was elected president. Whitney served as the U. S. Ambassador to the United Kingdom. John Hay Whitney played an important role in the development of British-American relations during his tenure.) His company acquired the New York Herald Tribune. John Hay Whitney served as publisher from 1961 to 1966. Whitney also owned multiple newspapers, magazines, and radio stations. John Hay Whitney died in 1989. (John Hay Whitney served in the U. S. Air Force Staff as an intelligence officer during World War II. It was also during his service in World War II that John Hay Whitney and Eisenhower met and became friends. He was once captured by the German army in southern France, but the German army transferred him by train. During the move to the prisoner of war camp, it was ambushed by Allied artillery fire, so John Hay Whitney was able to escape successfully) Robert Lovett (Member of 1918) On September 14, 1895, Robert Lovett was born in Huntsville, Texas, USA. In 1918, graduated from Yale University. From 1919 to 1921, he studied law and business administration graduate courses at Harvard University. In 1926, he became a partner of Brown Brothers. From 1940 to 1945, he served as Air Force Assistant to the Under Secretary of the Army. From January 1947 to January 1949, he served as Deputy Secretary of State of the United States. From October 4, 1950 to September 16, 1951, he served as Deputy Secretary of Defense of the United States. From September 17, 1951 to January 20, 1953, he served as Secretary of Defense of the United States. From 1961 to 1963, he served as an adviser to US President John F. Kennedy. He died in New York on May 7, 1986, at the age of 91. Henry Luce (Member of 1920) was the founder of the American "Time & Life" publishing empire and the famous advocate of the "American Century" dogma. Harold Stanley (Member of 1920) (co-founder and major shareholder of Morgan Stanley Investment Bank in the United States) Henry P. Davoson (Member of 1920) is the main collaborator of Morgan Stanley Investment Bank in the United States and the leader behind the American financial network. Prescott Bush (father of Bush Sr.) Was born on May 15, 1895. In many ways, he carries the style of the male Bush family. Since then, members of the Bush family have been students at Yale University, and Prescott Bush joined Skull and Bones while at Yale University. Have a golden voice. When World War I broke out, he immediately ran to Europe and surrendered to General Pershing. This kind of adventurous spirit is enough to make old Obediah proud. After the war, he married a beautiful woman named Dorothy Walker. The wedding was held at a small seaside church called St. Anne's in Port Kenabong, Maine. Dorothy Walker was born in the Walker family, a Wall Street financial giant, so Prescott made quite a fortune when he started doing business. He later uncovered a plot to embezzle the rubber company owned by his father-in-law. He suddenly became famous. His upright character won the respect of everyone, and his talent allowed him to successfully stand on Wall Street and become a legend on Wall Street. Later, Prescott Bush joined the U. S. Republican Party and was elected to the Connecticut Senate, and had a close relationship with President Eisenhower. The great-grandson of Lytle Harrison (1876~1956), the ninth president. Served as an admiral in the U. S. Navy during the Spanish-American War. James Rudolph Garfield (1865-1950) The third child of President James Abram Garfield and Lucretia Rudolph. When James Garfield was 15 years old, he accompanied his father to visit his mother on the New Jersey coast. At the train station, a man stepped out of the crowd and shot his father. Garfield became the second U. S. President to be assassinated. As Jimmy grew up, he became more and more interested in sports, especially lawn tennis and the newly invented baseball game. Perhaps because of his friendship with his brother Hal, he also became obsessed with the law. After graduating from Columbia Law School in 1888, Jimmy married the daughter of a railroad president. They moved to a large house in Ohio, where Jimmy raised cattle, but did not give up his passion for law and opened a law firm with his brother Hal. Perhaps because of his name, James Garfield was elected as a state legislator before he was 30 and began his political career. President McKinley, who was also later assassinated, assigned James to the newly created U. S. Department of the Interior to oversee and evaluate the work of government employees who had just been dismissed due to partisanship in a corrupt system. James also served in the Department of Labor and Trade. During the administration of Theodore Roosevelt, he was responsible for investigating monopolies and controlling practices in the meat, oil, and coal industries. Because of his investigative work, Roosevelt appointed him Secretary of the Interior. He held this position until Roosevelt left office in 1909.

I think the reason why few people read it is that the description in the first volume is too scattered. I was already anticipating James and Amelia's journey of survival. Suddenly, the Thompson family appeared halfway, especially the Benjamin scene that took up too much (I know I need to create enemies, but one or two chapters is enough, right? How many chapters are there). I think it's a bit torn, maybe that's why others don't want to read on.

Why aren't there many people watching?

Taylor: The bank of a group of merchants turned into a bank of merchants The predecessor of Citibank was the New York branch of the First Bank of the United States, which was founded in 1791. In 1812, Samuel? Osgood reorganized it into the "City Bank of New York" - Citibank's early official name. In June 1812, Citibank was incorporated with an authorized capital of US$2 million and a paid-in capital of US$800,000. When it was first founded, the board members of Citibank were all big businessmen, which turned the original Citibank into a tool for them to provide credit financing for their own businesses. The bank director-related loans were "large in scale and had many defaults." In February 1814, for example, 12 of Citibank's 750 customers, or 12 bank directors, accounted for a quarter of the bank's total loans. Citibank's state of being "owned by and serving a group of businessmen" continued until 1837. A financial crisis in 1837 brought Citibank to the brink of bankruptcy. In the end, the bank was rescued by John Jacob Astor (Walker's grandfather), the richest man in the United States at the time and a real estate investor in Manhattan. Mr. Astor also sent his representative Moses Taylor to serve as Citibank Bank director. Taylor was a model of self-made man from poverty to wealth. He single-handedly created a huge business empire integrating industry and finance: 1 commercial enterprise, 5 railroad companies, 3 financial companies including Citibank, 2 utility companies and 1 communications company. Taylor served as a director of Citibank from 1837 to 1856. He served as president from 1856 to 1882. As a businessman and industrialist, Taylor transformed Citibank into a "bank owned by and for one merchant" (mainly controlled by Taylor and mainly serving Taylor's personal business empire, so that Citibank during this period did not have its own identity). The bank's official name was changed to "National City Bank of New York". When Taylor died in 1882, his son-in-law Payne, who had been a director of Citibank since 1869, took over as president for nine years. Tyler, who took over Citibank during the financial crisis of 1837, left an important legacy to Citibank: "consistently conservative financial strategy" - cash strategy. Money), which enabled Citibank to "take risks" in many subsequent financial crises and stride forward over the corpses of failed banks. During the administration of Taylor and Payne, the United States had three banking crises in 1857, 1873 and 1884. In each crisis, Citibank's reputation for safety and reliability increased greatly. The crisis made Citibank the largest bank in New York City with $29.7 Million in assets, and the largest bank in the United States the following year. Stillman: Creating a Professional Manager Management Structure In 1891, the Citibank board of directors selected James Stillman, then 41, as president. Until this time, Citibank's management structure was still very limited. Simple: It is still a board of directors composed of a dozen businessmen each with their own business, and there is only one president and cashier as a full-time executive. Both Stillman and Taylor regard Citibank as a tool to support the development of their personal business empires. The difference is that Taylor is an industrialist, so he runs the bank like an industrialist, while Stillman is a financier and also uses finance. Perhaps this difference made Stillman the first person to start a professional manager to manage Citibank. After Stillman became president, he continued to increase his holdings of Citibank shares by purchasing from other shareholders and increasing capital for Citibank, starting from 1.1% And increasing to 1.1% In February 1892. 6.6%. In that era when there was no mature professional manager system, it was a very popular and reasonable corporate governance model for the owner-manager to purchase a large number of shares from the original owner and become the new owner-manager. It enabled the business owners-managers who were retiring or abdicating to realize the value of their businesses, and also enabled the new owners-managers to obtain a controlling share of the business. This dual transition of ownership and management forces the new managers of the enterprise to take care of the interests of the original owners while connecting their own interests with the enterprises they manage. During the 18 years from 1891 to 1909, when Stillman served as president, Citibank made rapid progress in its late-starting investment banking business, leading and participating in a large number of securities underwriting and corporate restructuring activities. Stillman was expanding the scope of banking business. Like Morgan, he reorganized many other companies and sat on their boards. At the same time, he also chose to reorganize and expand Citibank's board of directors. He also chose to introduce Mr. John Rockefeller to the Citibank board of directors, replacing the representatives of the Taylor-Payne family business with American industry giants, and also made Citibank at that time the capital settlement center of Rockefeller's Standard Oil. In 1909, Citibank was first established. After retiring from the position of bank president, Mr. Stillman became the chairman of the bank's board of directors. It can be said that the chairman of the board of directors of Citibank was a title created by Stillman as he stepped down as a consultant. Frank Vanderlip served as the president of Citibank. He was the first "modern payroll manager" of Citibank's previous presidents. They both held certain shares in Citibank, and were even the largest shareholders, so they did not take a salary at the bank. Vanderlip became president, and Mr. Stillman, the chairman of the board of directors, chose to move to Paris. At this time, the entire American business community, and those industrial tycoons who started their business, began to gradually withdraw from their daily involvement in the company. Management, company managers began to make financial decisions on behalf of company owners, and the personal relationships between tycoons who maintained business transactions gradually turned into relationships between institutions. As president, Vanderlip led Citibank for ten years, developing small and medium-sized enterprise customers in the United States, and at the same time establishing an international branch network to provide good services to large customers (at that time, American industrial companies began to expand overseas). In 1919, Citibank became the first head office in the United States. A bank with assets of $1 billion. In June 1919, Vanderlip resigned because his hope of obtaining a controlling stake in Citibank failed. Stillman's son, James A. Stillman, who had been elected as the second chairman of the board of directors of Citibank after his father's death in 1918, succeeded him as president (John Roy Stillman, the White House chief of staff under President Truman, was also a member of the Stillman family. John Roy Stillman started from 1 From 1946 until President Truman left office in 1953, he served as the White House chief of staff) Stillman Jr. Served until 1921 when Citibank suffered heavy losses in Cuba and resigned. The establishment of modern incentive mechanisms In 1921, Citibank's internal manager, 43-year-old Charles Mitchell, was elected president, and Swenson (a large landowner and entrepreneur in Texas) served as president. The chairman of the board of directors, however, made it clear that Mitchell was the "executive leader" of Citibank. In 1929, Citibank became the world's largest commercial bank. Mitchell resigned from the position of president and became chairman of the board of directors until 1933. Vanderlip left because he could not become an owner of controlling shares like the previous bank presidents, and Stillman Jr. Was unable to operate at the same time. He was not able to lead Citibank for a long time like his father. Without being able to own controlling shares and become owners, how to motivate capable professional managers to create value for shareholders has become an important issue for Citibank to continue to move forward. To this end, Citibank launched a bonus plan called the "Managers Fund" in 1923. The main content of the plan is to distribute the bank's profits in the following three parts: First, according to the bank's shareholder equity. The bank's excess reserves are withdrawn at a rate of 8%, and then dividends are distributed to shareholders at a rate of 16% per share. Finally, a managerial bonus fund is withdrawn at a rate of 20% of the remaining profits and distributed to senior managers at or above the vice president. This plan balances the risks and interests between the owners and managers: the owners provide the managers with a lower limit of compensation in the form of salary, and the managers provide the owners with a guarantee of a minimum dividend ratio. Owners and managers share the remaining profits in a ratio of 80:20. After being established as Citigroup in 1998, the company gradually adopted the long-term incentive plan that is commonly used in large American companies to grant restricted stocks and stock options to directors and senior managers. Since Mitchell, except when Perkins served as chairman of the board between 1933 and 1940, the chairman of Citibank's board of directors has always been C after retiring. The EO is held by a professional manager. However, under the strong leadership of the board of directors and an effective incentive mechanism, the professional managers who led Citibank produced continuous and stable returns for shareholders. In the third quarter of 1991, Citibank suffered a loss of US$885 million, resulting in Citibank shareholders not receiving a quarterly dividend of 25 cents per share for the first time since it began paying dividends in 1813. From Citibank. Bank to Citigroup, Back to basic banking after the crisis To bypass federal regulations restricting banking activities, Citibank established a bank holding company, First National City Corporation, in 1968. In addition to owning Citibank, which was then called First National City Bank, it also engaged in business activities other than commercial banking. At that time, several other major U. S. Banks also established similar bank holding companies. Widely recognized by consumers, First National City Corporation was renamed Citigroup in 1974, and First National City Bank was renamed Citibank. In 1998, Citigroup and Travelers Group merged into Citigroup. The company became the world's largest financial services group with total assets of US$698 billion, known as the "Global Financial Supermarket." John Reed, Chairman of the Board of Directors of Citigroup and Chairman of the Board of Directors of Travelers Group Sandy Weill co-led the new company as co-chairman of the board. In November 1999, Citigroup became the first financial holding group in the United States to own both banking and insurance businesses. In 2000, Reed, who lost the power struggle, became chairman and CEO. In October 2002, Charles Prince took over as chairman of the board of directors.

Please update more, I'm really afraid that the book will die. It's good not to involve a certain Dongda University in the plot !

I remember someone said that the Civil War was a rehearsal for World War I? The main thing is that during the Civil War, it was shown that the defenders had huge advantages with the support of various fortifications, and they paid great attention to the continuity of logistical supplies. Does this author perform well? As for why the Franco-Prussian War was not mentioned, I guess it is because France surrendered too quickly. 😜

Congratulations on putting it on the shelves. I hope that there will be less plots about a certain Dongda University in the future. After all, copying is not possible, nor is colonization. It is better to pretend that freedom does not exist

When I first saw it, I remembered that it was a black slave.

Well written, looking forward to updates 😍

Even though Marshall and MacArthur were of the same age and both came from military families, they were completely different people. Chief of Staff Marshall's father, Marshall Sr., Was a soldier in his time. Marshall's father, Marshall Sr., Had served in the Northern Army's Army of the Potomac (the Southern Army also had an Army of the Potomac). He was a lieutenant platoon leader under General Hood and participated in the 1863 Battle of Gettysburg. "But for Marshall, his father's military experience was of little use to him except when he applied for admission to the Virginia Military Academy. But Douglas is different. You must be aware of his father's influence in the Army even if I don't mention it. The famous Arthur MacArthur II. 1 He joined the 24th Wisconsin Infantry Regiment at the age of 7. He became famous in the Battle of Chattanooga (which took place in Tennessee during the Civil War) when he was less than 19 years old. He won the Congressional Medal of Honor and served as the commander of the regiment a year later, becoming the "Baby Colonel" known to women and children. This reputation was even more famous in the Spanish-American War. It reached its peak. It can be said that he led the troops to conquer almost the entire Philippines. After the war, the elder MacArthur served as the military governor in the Philippines for many years (before the Philippines became autonomous, it was jointly managed by the military governor and the administrative governor). (It was also during this period that the elder MacArthur and President Taft had a personal relationship.) He became a three-star lieutenant general and became the mainstay of the old lion (Theodore Roosevelt) in the army. The reason why President Roosevelt licked his face and asked MacArthur to come out was because of the unparalleled influence of this father and son (MacArthur himself once served as the commander of the US military in the Philippines) in the Far East. Like his father, Douglas was a born soldier. He grew up in the military camp and was always ranked first in the school when he was at West Point (MacArthur's graduation score was 98.43, Setting a record for West Point's graduation score, which has never been broken). The senior officials were generally optimistic. As soon as Douglas graduated, he first worked for his father as an adjutant, and then was selected by the old lion to join the White House's military advisory team. When he was still a lieutenant, he dealt with the president, the Secretary of State, the Department of War, and the chief of staff all day long, and was regarded as a training target for the future chief of staff in 1914. MacArthur's regiment was sent to Mexico to fight against the Villa bandits. He parachuted from Washington to a company as a company commander. He fought several battles in Mexico. After returning to China, I was still a second lieutenant. He suddenly became the secretary of the major of the Secretary of War. Marshall and MacArthur were just classmates at first. They were both strong and competitive, but they were academically inferior to each other. What really caused the two of them to have a quarrel was an incident that happened in France in 1918. " At that time, Marshall was the colonel (temporary rank) staff officer of the U. S. European Expeditionary Force Command, and Douglas was the brigadier general deputy commander of the 42nd Division (Rainbow Division). The war was almost over at that time, but Sedan was still in German hands, and the capture of Sedan was generally regarded as the last battle before the end of the war. The last battle of the First World War not only meant honor, but also meant the last credit and the last hope of promotion. No officer could let it go easily. At that time, the closest thing to Sedan was the 42nd Division, which was only about 8 miles away. Behind him was the 1st Division, then the 4th Division. The French were still rushing towards Sedan from more than 60 miles behind us. "In order to prevent the French from taking the lead, the U. S. European Expeditionary Force headquarters issued an order to each division. The general idea was that there was no need to wait for the French army. No matter which unit it was, it could launch an attack on Sedan as long as it arrived first. The defense line was no longer binding. Marshall was responsible for drafting this order." Originally, this order said that the cancellation of the line was to encourage frontline troops to fight bravely. As a result, the 1st Division, which was following closely behind the 42nd Division, received the order first and rushed into the 42nd Division's defense area with a roar. The two divisions were huddled together on the road to Sedan, and the troops were completely scattered. MacArthur was so angry that he had a fight with the men of the 1st Division, but was detained by the military police. " The then commander of the 42nd Division was ill and returned home. When MacArthur, the deputy commander, was detained again, the whole situation was completely messed up. When the two troops finally reorganized, the French had arrived. At that time, the 4th Division was responsible for blocking the rear and blocking the French from passing. The French were not allowed to pass. The Chinese directly set up heavy artillery, claiming that as long as they did not enter the city, no matter whether they were Germans or Americans, their artillery shells would continue to be fired into the city! The two sides argued for several days, but before they could attack, Germany announced its surrender. This was originally a battle. It was just a mistake, and it was not Marshall's fault. But Douglas did not think so. He believed that if there was no common sense order (the order drafted by Marshall was indeed substandard, the existence of the defense boundary line has its basic meaning, and its cancellation would easily lead to chaos in the army's command and formation). Sedan had long since fallen into the hands of the 42nd Division. Moreover, Marshall had served as the acting chief of staff of the 1st Division, and the 1st Division received the order an hour before him. He believed that Marshall deliberately wanted the 1st Division to take away his credit. " Well, this kind of thing is what the public says. And Douglas was not a person who could swallow his anger, so after he became Army Chief of Staff, Marshall was driven to the National Guard by him. If his old boss, General Pershing, hadn't given Marshall a last-ditch hand, he would have gone home to sell coal. " In 1932, Marshall would leave the regular army and be transferred to the Illinois National Guard Division as the division commander, which was MacArthur's fault. Fortunately, Pershing still remembered his staff adjutant, otherwise there would be nothing wrong with Marshall in World War II. So Marshall and MacArthur would have to publicly quarrel. This is difficult. It's strange that the personnel appointments of the U. S. Army in the Pacific battlefield were so strange. Eisenhower, Middleton and other old friends of MacArthur were sent to Europe. Collins, Collett and others who had done well in the Far East were also transferred (Collett was transferred to Europe as the commander of the 7th Army after more than a year). Marshall obviously guarded against MacArthur.

Oh, by the way, man, the favorite son of the railroad tycoon Vanderbilt died during the Civil War. I will look for information on this if I can save Lao Fan's son. Also, the inventor of Coca-Cola is the nephew of a lieutenant general in the Confederate Army.

The writing style is very good. The only shortcoming is that too many exclamation points affect the perception. The author can appropriately reduce the use of exclamation points and use periods in some sentences. (Except for dialogue, which must be used when it is needed) Too frequent use of exclamation points to incite emotions will give readers the feeling of reading a mindless article.

Everyone has received a lot of negative comments about the fourth volume. Now I have deleted the fourth volume and went to Prussia and the European branch. Thank you for your correction.

Is this the development consortium route?

To build a country in North America, it is better to become a North American consortium and allocate land outside North America to build a country.

Let me ask you, what have you experienced before? Is this written in Chapter 27 correct?

Come on, come on

There are too few updates, intermittent, and I'm not confident. If you vote this month, it might be cut off the next day.

It's awesome. It's extraordinary. The part where Benjamin's desire is repeated is like watching a resurrection. It's deeper than that. Although Benjamin's character is familiar, but written like this, it's really 👍

The main character's name is so good, it's a bit discouraging, but the writing is okay.