1850 American Gold Tycoon.

Chapter 221 Don't be ignorant of flattery (recommendation ticket plus update)

The United States raised tariffs, and countries such as Britain and France also imposed retaliatory tariffs on American exports in order to retaliate.

American exports were hit hard as a result.

But the high tariffs mainly affect low-value-added products, such as cotton, tobacco and sugar cane, the United States' top exports.

The unit price of these raw materials is not high, and the profit is meager. Even a slight increase in tariffs is very terrible for these products.

Sewing machines are not included in this list. Sewing machines are high value-added products, and there are currently no other strong competitors or substitutes.

A pedal-operated sewing machine can be worth 10 skilled old tailors. Based on this alone, the sewing machine has a large profit margin. As long as the tariff is not too high, there will be an export market.

Of course, in terms of the current production capacity of sewing machines, it would be good for Liang Yao to take over the American domestic market first.

Furthermore, the export of sewing machines to Europe will have to wait until Liang Yao sells the garments produced in California to Europe.

"It is an honor for Singer Brothers to join the Americas Group and be a part of the Americas Group. Can we talk about the shares? 10% is a bit low."

Edward wanted to bargain with Liang Yao to get more benefits for himself.

"The total assets of Singer Brothers and Bridgeport Machinery will not exceed 5 US dollars, and I will invest millions of dollars in the sewing machine industry. The 10% stake in the new company is far more than that of Singer Brothers." and all property owned by the Bridgeport Machinery Company."

Liang Yao flatly rejected Edward's bargain.

"10% of the shares is already the best condition I can offer you, don't be ungrateful."

The injection of millions of dollars was something he had never even dared to think about before.

Edward couldn't help taking a deep breath, they now completely lost the confidence to bargain with Liang Yao.

There is more than one rich man in the entire United States who can spend millions of dollars in cash, but Liang Yao is the only one who is as courageous as Liang Yao, who suddenly spends millions of dollars to invest in an emerging industry that is still blank.

With Liang Yao's courage, Edward is also willing to make Singer Brothers a part of the American Group.

What's more, the conditions offered by Liang Yao are also very attractive, and he can also get 10% of the shares of the new company.

Like Liang Yao, he is also very optimistic about the future of sewing machines. The 10% shares have unlimited potential in the future.

"I accept your terms."

Edward quickly made a wise choice, and he poked Isaac in the arm, signaling that his partner had made the same wise choice earlier.

"Do we have any other options?" Isaac smiled bitterly, "You want to acquire Singer Brothers Company just by moving your fingers."

Isaac also had to face the reality. In front of a capital crocodile like Liang Yao, a small factory owner like him was completely powerless to fight back.

Fortunately, Liang Yao's offer was also very generous. Faced with such a generous offer, Isaac had no reason to refuse. If he refused, he would really be ungrateful.

He is a small person who speaks lightly, and a small person must have the awareness of a small person.

Liang Yao looked at Erics, who also agreed.

The Bridgeport Machinery Company was his everything, and he pinned all his future on the sewing machine, which was the motivation for him to fight for the sewing machine patent before.

If he wanted to stay in this industry and accept the price offered by Liang Yao, joining the American Group was his only choice.

After acquiring Singer Brothers and Bridgeport Machinery Company, Liang Yao asked them about the production capacity of sewing machines.

Bridgeport Machinery can produce about 80 hand sewing machines a month, and Singer Brothers can produce about 70 hand sewing machines a month.

In other words, the combined monthly production capacity of the two companies is only about 150 units.

After changing the production line of hand-operated sewing machines to pedal-operated sewing machines, this poor production capacity will further shrink.

This production capacity is not enough, and Liang Yao also plans to transfer part of the production capacity to California.

Of course, this is just bad news, and there is good news.

The good news is that as long as the sewing machines can be produced, they will not worry about selling them. The sewing machine orders of these two companies have already been scheduled for next year.

It shows that the market is still very recognized for sewing machines. As long as the production capacity is increased, these production lines will be money printing machines.

"Pinkerton, go do your thing. If your performance satisfies me, I won't treat you badly."

After Isaac, Edward, and Alex left, Liang Yao said to the stunned Pinkerton.

one million dollars
This astronomical figure has overturned his cognition of this middle-aged Chicago town.

He didn't even have a specific idea about this number, because Chicago hadn't produced a millionaire yet, and even Illinois, a big state, had only one millionaire so far, and it was said that there were exaggerated elements. Illinois millionaires do not meet the $[-] million threshold.

It is true that the Midwest of the United States is a fertile land, with fertile black soil and many mineral resources.

But nowhere is such an easy-to-mine gold bonanza found in California.

In fact, the early California gold rush didn’t even count as mining, but bent down to pick it up. If you were lucky enough to pick up a few pieces of dog’s head gold and leave California alive, you would be able to achieve wealth freedom and reach the pinnacle of life.

Judging from Liang Yao's tone, it seemed easy to spend one million dollars. Facing such an employer with such strong financial resources, Pinkerton even suspected that this was an illusion.

If I can serve such an employer, I will never have to worry about money in the future!

"Don't worry! Mr. Liang! I won't let you down!" Pinkerton said, patting his chest.

Instead of investigating the clueless and mysterious Wall Street robber Charlie, Pinkerton decided to investigate Coney's $4 first.

This matter is much easier than investigating Charlie, and there is still a $12000 commission to get.

After Pinkerton learned about the ins and outs of the incident from Kony, he soon had a clue. He interrupted Kony who was talking endlessly, and said to Kony.

"Mr. Coney, let's go to the casino first. I think you can get back your $4 soon."

"Really?" Coney was a little incredulous.

"In Chicago, I have seen a lot of naive gamblers like you. You said that you were robbed not long after you left the casino. The other party's methods are very sophisticated and clean. These people must have something to do with the casino.

As for the possibility of gang members committing crimes at random, there are so many gamblers entering and leaving the casino, why do these people just stare at you to rob? ’ Pinkerton adjusted the collar of his shirt.

"If you only win $400, you can easily take $400 out of the casino, but if you win $4, the casino will not let you take the money away easily."

　The recommendation ticket has been added and repaid, and then the regular subscription and monthly ticket will be repaid slowly! The monthly ticket for May is 5 tickets, and the monthly ticket for June is 610 tickets. There are a total of 6 updates, and the average order plus update has been added to 604 average.

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(End of this chapter)