African Nationhood
Chapter 558 Huamei Petroleum Company
There is a dense triangle of pine forests in eastern Texas, sandwiched between Dallas, Houston, and Shreveport, Louisiana.
This area is extremely poor and backward. Although there are scattered villages and sawmills composed of asphalt-paper-roofed houses, there are few decent roads in this area and the population is very small.
In the past few years, this place has been suffering from drought. Most of the local white farmers have lost their jobs and gone bankrupt. When banks came to collect debts, they had no choice but to mortgage their farms to the banks.
Ander from Blackstone Fund came here and he directly wanted to buy this large piece of land and build a lumber mill.
When local banks and some farmers saw that a big injustice had come to their door, they all cried out to sell their land to Blackstone Fund.
It took Blackstone Fund just one month to purchase more than 1 square kilometers of land for hundreds of thousands of dollars.
After obtaining the land, Blackstone Fund attracted Rockefeller and told him that Blackstone Fund wanted to explore for oil in Texas and asked him if he was interested.
Rockefeller, who had just been sanctioned by the US government, was holding back his anger and had no place to vent it, since the government did not allow trusts to be established.
If I personally invest in someone else's company and become a shareholder, there should be no problem.
As a result, the two parties discussed and established Latin America's China American Petroleum Company, with the Blackstone Fund occupying 60% and the Rockefeller family 40%.
The two parties agreed that if other investors buy shares in the future, both parties will reduce their holdings in the same proportion to ensure Blackstone Fund's controlling position.
The company has a capital of US$100 million and is conducting preliminary exploration.
The general manager of the company is Zhong Qingsheng. He and Shi Xi have been married for several years. Before that, he had been doing odd jobs in the Ministry of Industry and Commerce.
Now that Shi Xi has given birth to a child, he is taking care of the child at home, so Chairman Shi appointed his eldest son-in-law to go on a business trip to North America.
……
After Zhong Qingsheng arrived in Texas in early June, he immediately came to the exploration site.
What was in front of him was a large construction site, which was full of messes and felled pine trees.
The white workers were dressed in shabby and shabby appearance. Most of their faces looked tired and numb as if they had just woken up from sleep. They had cigarettes in their mouths and their careless look made people particularly angry.
"Why do these people look like they can't wake up?"
Andel shrugged, "After all, the work here is too hard and the salary is not high, so naturally they won't be interested."
Zhong Qingshu nodded when he heard this, "Can you raise their wages a little or set up a bonus?"
Andel shook his head, "The natural conditions here are too poor. The wages we give them are enough to cover their daily lives. After these people finish their work, they will go to the bar to spend money. No matter how much money we give them, it will be in vain."
Moreover, the company is not solely owned by us. Mr. Rockefeller is also a shareholder, and he is very concerned about wages.
After all, he is a meticulous person, otherwise he would not have said, "The cost of a gallon of kerosene must be calculated to three digits below the decimal point and accurately calculated to one thousandth of a penny." "
Hearing Andel's complaint, Zhong Qingsheng smiled and said, "Maybe this is the reason why he can become a trillionaire, and we are just ordinary people."
Ander was convinced, "Indeed!"
……
Exploring oil requires drilling wells, so the pine forests on the ground must first be cleared.
After clearing the pine forest, engineers and workers began to build drilling rigs. The Americans patented a double drill bit the year before last, which would make it easier and faster to drill oil wells.
The exploration team drilled five oil wells throughout June and found nothing.
By the middle of July, three wells had been drilled, but still nothing was found.
Zhong Qingsheng was a little confused. Why did his father-in-law designate this territory and firmly believed that oil would be produced here?
Ander has left, and everything falls on Zhong Qingsheng. While he has to manage the chaotic exploration site, he has to deal with endless questioning by the financial personnel sent by Rockefeller. The purpose of the $100 today is unknown, but the $81 was spent inappropriately.
He was always good at one thing. When Zhong Qingsheng was in Nanhua, no one dared to do this to him. After arriving here, he slowly followed the local customs.
He started to care about everything, and he no longer treated the workers as kindly as he did at the beginning.
He found that these workers were cheap men. The nicer you were to them, the less they took you seriously.
What's more, he has yellow skin, and these white employees talk about him a lot in private.
Therefore, after he kept a straight face, these white employees did not dare to be too presumptuous. After all, he was the general manager and controlled the wages of these people.
As long as General Manager Zhong gives an order, they have to get out. After all, job opportunities here are very scarce. If they lose their jobs here, they will become unemployed workers.
Of course, there are also some white people who are arrogant and arrogant, and curse Zhong Qingsheng.
At this time, the guards following Zhong Qingsheng came in handy.
Without using a gun, a small guard can take down 2 to 3 strong white men.
After being beaten several times by the yellow-skinned guards, the white men became more honest and no longer dared to blatantly disobey General Manager Zhong's orders.
Although everyone gets paid for the work they do every day, long-term tedious and meaningless work can also make people collapse.
Fights among workers often occur at construction sites. Although Zhong Qingsheng tried his best to avoid it, such situations cannot be avoided.
There was even a serious case of a local worker being beaten to death. When Zhong Qingsheng learned of the incident, he immediately ordered the guards to arrest the murderer and hand it over to the local police.
Zhong Qingsheng immediately realized that if nothing changed, sooner or later this place would turn into a concentration camp for villains.
So he directly issued a statement that if there was another employee fight, no matter what the reason, both parties would be fired.
At the same time, he paid for local brothels to allow those white prostitutes to come to the construction site regularly to operate.
Moreover, Zhong Qingsheng also regularly organizes sports events for workers below, and he personally funds and distributes prizes to the winners.
Most of the prizes are worthless, such as clothes, wine, shoes, bicycles, etc.
Under such rectification, the relationship among workers has become much more harmonious, and work efficiency has also improved a lot.
In late July, Zhong Qingsheng finally got the good news. His workers finally drilled a self-blowout well.
The oil quality of this spouting well is very high, and explorers estimate that the oil reserves below this well are very large.
After receiving the good news, Rockefeller also sent a congratulatory message to Zhong Qingsheng. Zhong Qingsheng expressed his gratitude and continued to urge the workers to continue drilling wells.
……
When Shi Jintang, who was working in the Xinghan Palace, learned about the oil coming out of East Texas, he immediately called and instructed Ander of Blackstone Fund to contact other allies of the United States and ask them if they were interested in investing in oil companies.
DuPont, Morgan and the Boston consortium became excited immediately after hearing the news.
The oil company is a good business with huge profits. Who doesn't want this free money?
So the five parties signed a share financing agreement again. Blackstone Fund's shareholding ratio dropped to 42%, Rockefeller personally held 28%, the Morgan Consortium held 10%, the Boston Consortium held 10%, and the DuPont family held 10%.
Blackstone Fund directly binds four major consortiums through various industries. Even if it is suppressed by the US government, it can survive for a long time as long as it stays together. (End of chapter)
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