Chapter 30 Crisis erupted
The next morning, while George was still having breakfast at home, a rapid ringing of the phone rang. George walked to the phone and picked up the receiver.I heard Paul's voice from the opposite side: "Boss, there is news from the exchange. Now the market is falling, and many stocks are falling. Among them, the agricultural-related stock futures that you asked me to pay attention to are the most serious. Boss, let's take a look. What should I do if I get down?"

"Well, okay, I understand. You'd better finish the contract with Lockheed first and sign it as soon as possible. I'll let you know what happens next. I'll go to the expo later. If you want to find me, just go there. .”

"Okay, boss, I'll make arrangements right away." After saying that, the two hung up the phone.

George stood at the entrance of the expo and found that most of the people at the expo had disappeared. Basically no one was hanging around. The only ones who remained were ordinary employees participating in the exhibition.Even if there are only a few people left, you can still hear comments about the stock market plummeting. Fortunately, there are no jokes such as stock trading.

George estimates that those who remain now are those who don’t trade in stocks.After knowing this news, stock traders will definitely deal with the stocks in their hands as soon as possible. How can they have the heart to stay at the exhibition honestly?

George walked around again and saw that the Boeing Company was also packing up things, as if preparing to move out early.George did not step forward to ask for specific information, but George was looking forward to Boeing calling him.

Smiling and shaking his head, this stock market is indeed not for ordinary people to play. If George had not known the future trend, he would not have dared to interfere here.Returning to the reception room of his booth, he asked the service staff to make a cup of coffee, and kept thinking about the future development in his mind.

Until almost noon, Paul brought the Lockheed brothers, John, and a lawyer to the reception room.

George asked everyone to get a cup of coffee, and then picked up the contract that Paul had just handed over and read it carefully.

At this time, the three Lockheeds were extremely lucky.They also already know what happened and what impact an economic crisis would have on them.

After reading the contract and finding that there were no problems, several people signed the contract on the spot.George also happily paid a cash check of 15.In front of the three people, he gave Paul a check for US$50 and asked him to inject it into the company's account. From now on, the company's money must be separated from his personal money.Then it was arranged that he and the three of them would go to Lockheed in two days to go through the formalities and resolve the arrears of wages and R&D funds.

At noon, several people had lunch together to celebrate the three of them joining the company.During the meal, the three Lockheeds were very interested in George's car.It can be said that from the start to the interior, it is different from the cars in the world today.

The three of them also thought about how to combine battery technology with aircraft manufacturing, and discussed more possibilities with George in depth.

After talking about the three people, George arranged for Paul to collect information on companies that currently produce hair dryers, electric fans, refrigerators, and washing machines. He wanted the top few information in each line.

It is estimated that today will be the last day of the expo. It can be said that this year's expo has ended hastily. George did not stay too long and asked Paul to go back to the villa after the show. George returned to the villa first.

George sat in the study looking at the wine glass on the table, recalling the events leading up to the crisis in the United States.

During World War I, the United States ostensibly adopted a policy of neutrality, but it relied on military orders from Britain, France and other Allied Powers to solve its own market, employment, financial and other problems, thus promoting the abnormal development of the U.S. economy.It manifests itself in the following aspects:
First, industrial production has grown rapidly.During the war, the production of steel, oil and other arms-related industrial sectors in the United States developed rapidly.From 1913 to 1918, the industrial production index rose from 199 to 254, an increase of 30%.

Second, agriculture prospered.During this period, industrial development expanded the demand for agricultural products and the prices of agricultural products rose, which promoted the development of agricultural production in the United States. From 1914 to 1919, the agricultural production index rose from 100 to 105, and agricultural income also expanded from US$76 billion to US$177 billion.

三是国民财富增加。随着工农业生产发展,商品输出和外贸扩大,美国的国民收入也不断膨胀。1914-1918年,美国的国民收入总额也从312亿美元扩大到570亿美元。人均国民生产总值也从1317美元增长至1401美元。

After the war, the factors that stimulated wartime economic expansion disappeared, causing instability in the U.S. economy to grow, and the economic crisis broke out.This is an overproduction crisis that broke out in the American reproduction process.

The first is a crisis in industry.

First, industrial production plummeted.After the war, the United States shifted from a wartime economy to a peacetime economic track.Due to the reduction in foreign military orders, the production of coal mining, steel, and automobile industries dropped sharply, and the export volume of commodities dropped, which led to difficulties in product sales and a sharp decline in industrial production.For example, in 1921, the U.S. industrial production index dropped by 1920% compared with 32, steel production dropped by 74%, and industrial production of machine tools, locomotives, trucks, etc. dropped by more than 90%.Therefore, the crisis severely impacted American industrial production.Lincoln is the most obvious example of this.

The second is corporate bankruptcy.During the crisis, a large number of businesses in the United States went bankrupt.For example, the number of bankruptcies in the United States in 1921 more than doubled compared to 1919, and the number of bank failures also increased more than six times.

三是失业人数增长。1921年秋季,美国的失业人数猛增长到575万人,1921年工人失业率从1920年的7%上升至23%。在业工人的实际工资也大幅度下降,以1900年为100,则1921年下降至99。

The agricultural crisis and the industrial crisis are intertwined, which is an important feature of the American economic crisis.During this period, the agricultural crisis mainly manifested itself as:
First, there was a surplus of agricultural products and prices plummeted. In 1921, the wholesale price index of agricultural products in the United States fell by more than 1920% compared with 41, and the prices of some important agricultural products dropped by about 60%. As a result, farmers' income generally declined.

Second, the price gap between industrial and agricultural products has widened.On the one hand, it shows that the price of industrial products rises faster than the price of agricultural products; on the other hand, the price of industrial products remains unchanged while the price of agricultural products plummets; on the other hand, the price of industrial products falls slower than the price of agricultural products.

Third, a large number of small and medium-sized farms went bankrupt.During the crisis, in June 1920, the U.S. government announced that it would stop purchasing wheat and abolished agricultural product purchase contracts, which led to a sales crisis for agricultural products and expanded the difficulties for farmers in production and operation.As a result, a large number of small and medium-sized farmers and small farmers went bankrupt, causing a large number of agricultural workers to lose their jobs. The agricultural production index dropped by 6% compared with before the crisis. Ultimately, the US agriculture entered a chronic crisis and strengthened the instability of the US economy.

It was not until 1921 that the United States gradually emerged from the crisis and entered a period of relative stability for capitalism in the 20s.During this period, the U.S. economy achieved relatively stable development.

There are opportunities and challenges here. For example, the timing of George's wheat futures card is very delicate. It is just before the U.S. government announced that it will stop purchasing. Moreover, in the economic crisis in the next year, George can also use this opportunity to absorb some high-quality assets. .

The next day, Paul and others left New York and returned to Santa Barbara, California, to handle the company's affairs there. George's arrangement for them was that only those who were directly necessary would stay, and all others who were willing would be dismissed temporarily.

George plans to arrange a merger of the two companies if he can win over Boeing.The next day, George asked his family's driver to buy some electrical appliances and some tools, and began to think about some home appliance inventions at home.

Here George has just drawn the first improvement method for agitator washing machines. His improvement method is to install a vertical shaft in the center of the drum, and a stirring wing is installed at the lower end of the vertical shaft. The motor drives the vertical shaft to perform periodic forward and reverse swings, so that Clothes and water flow continuously tumble and rub against each other to wash away dirt.

On this basis, George also developed the dryer technology. This one just uses the principle of centrifugal force to open small holes in the barrel and spin it at high speed to dry the water.

Just as he was about to make a prototype, George discovered that although plastic had been invented, the injection molding machine was still quite old-fashioned.

In 1868, Hyatt developed a plastic material he named celluloid.Celluloid had already been invented in 1851 by Alexander Parkes.Hyatt improves it so that it can be processed into finished shapes.Hayat and his brother Isaiah registered a patent for a plunger injection machine in 1872.This machine is relatively simpler than those used in the 20th century.It operates basically like a giant hypodermic needle.This giant needle (diffusion barrel) injects plastic into the mold through a heated cylinder.

And with the application and development of plastics, the market for injection molding machines will also be worth tens of billions in the future.I also visited an injection molding machine exhibition in my previous life. I also saw the actual second-generation mechanical injection molding machine and listened to theoretical explanations.

Moreover, I now need to use plastic to make washing machines, air conditioners, and hair dryers.

So after George completed and filed the patents related to the washing machine, he started to design the injection molding machine.

The working principle of the injection molding machine is similar to that of a syringe for injection. It uses the thrust of the screw (or plunger) to inject the plasticized plastic in the molten state (i.e. viscous flow state) into the closed mold cavity. The process of obtaining finished products after curing and setting.Injection molding machines can be divided into vertical, horizontal and vertical-horizontal combined types according to the arrangement of the injection device and mold clamping device.

The first injection molding machine designed (copied) by George used a horizontal structure. The injection process was completed by air pressure, but the mold clamping still needed to be completed manually.

Its injection molding is a cyclic process, and each cycle mainly includes: quantitative feeding - melting and plasticizing - pressure injection - mold filling and cooling - mold opening and removal.After taking out the plastic part, the mold is closed again and the next cycle is carried out.

It seems very simple, but in actual operation, it is not so simple to master the specifics. For example, separately select the injection process actions, feeding actions, injection pressure, injection speed, ejection type, and the temperature of each section of the barrel. Monitoring, adjustment of injection pressure and back pressure, etc.If any step here is not done well, then the plastic part will not be successful.

However, the application scope of plastics is too wide. With the development of industry, plastics have directly become a basic material with the same wide demand as metals.is indispensable.

Just when George had prepared the patent materials and drawn the structural drawings, and was about to wait for Paul to come back to apply for the patent first, and then find a mechanical processing factory to make a prototype, George received a call.It was Vito Corleone calling.

"Hello, Mr. Corleone"

"Hello, George, just call me Vito, that's what all my friends call me."

"Okay, Vito. Is there any news about what I asked you to find out for me last time?"

"Yes, George, there is news from Luciano, the godfather of the Jewish gang, that he wants to meet you in Reno to talk."

"Do we have to go to meet and talk? Okay, you tell them, I will go over to see him as soon as possible. Thank you, Vito."

"You're welcome, we're friends, aren't we."

"of course."

After saying that, the two exchanged a few words and hung up the phone.

The last time George went to visit Corleone, George learned about it through chatting with Corleone.The underworld of this world is not like the five largest families in the Godfather movies.

In this world, there are also five Italian families from the Godfather world: Corleone, Bassini, Tattaglia, Scurazzi, and Cuccio, as well as Irish gangs, black legions, Asian gangs, Jewish gangs, etc. Gangs, nearly 20 of the largest gangs in this world form an organization called the Underground Committee. The five largest gangs are called the Five Families.

The Jewish Gang is one of the five major families, and George doesn't know what they want to talk to him this time.However, the urine sex of the Jewish gang will not be so smooth.However, when it comes to force, George is not worried anymore.

 Thanks to book friend Enlil 1 and book friend Dududududu for their recommendation votes. Thank you for your support, thank you!Happy New Year everyone!

  


(End of this chapter)

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