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But after World War II, these military-industrial enterprises began to get involved in U.S. politics, interfering in presidential and Military Departnt elections—this is the internal cause!

This resulted in the United States entering a vicious cycle: to win an election, one must gain the support of military-industrial enterprises, and to get their support, one must push for massive expansions in military spending once in office, ensuring the profits of these enterprises.

Consequently, under these internal causes, U.S. military expenditure beca the highest globally, even exceeding the combined military spending of the next nine countries!

Of course, according to business thinking, it would be impossible for everyone to honestly sell at market prices.

At that ti, U.S. military-industrial enterprises colluded with the high-level U.S. military to engage in corruption, which was also the reason for the surge in U.S. military expenses.

At the beginning of the next century, the U.S. Governnt allocated $100 billion, ostensibly nad as reconstruction funds for Iraq. In the end, $50 billion vanished mysteriously. The White House sent four auditors to investigate the matter, and then all four auditors died!

According to the purchase details of the U.S. Military Departnt, even a coffee cup could be priced at $1,280 US Dollar. Just how much corruption is involved here, perhaps only the insiders know.

So, whether it’s the Trident Shipyard or Ares Arsenal, they are still operating using so normal thods; their real strength is to be unleashed during World War II!

Chris Kamp thought for a mont and said: "Okay!"

Winston Marl, responsible for the farms business, spoke up at this ti: "After you left Texas, we continued, as you requested, to acquire new farms there. Now the company controls a farm area of 500,000 hectares in Texas. However, while handling specific farm business, we found that agricultural machinery is developing very quickly. After discussing with other leaders, we believe that machinery production might replace manual labor in the future. Therefore, we recomnd allocating so funds from farm acquisitions to invest in or acquire so agricultural machinery manufacturers, allowing them to better produce new machinery according to our developnt needs!"

Venus Bank’s acquisition of farms cannot just be concentrated in Texas, but for now, the focus is indeed on Texas farms. Donnie initially chose Texas not only for the advantages previously ntioned but also because Texas is the largest agricultural machinery research and developnt base in the nation.

Winston Marl being able to recognize this point is very comforting for Donnie.

After thinking for a mont, Donnie said: "Okay, but you won’t do this alone. I will have Livermore, Archer, and others cooperate with you on this matter!"

Although Jesse Livermore’s workplace is in New York, his responsibilities for Chris Investnts have now been rged into Venus Bank’s external investnt departnt. As one of the country’s top grain rchants, ADM’s involvent in agricultural machinery is logically expected.

And doing so can also reduce the financial pressure on the farms.

Hearing Donnie’s instructions, Winston Marl smiled and said to Jesse Livermore and George Archer: "Gentlen, it seems we need to have a private chat after the eting!"

Jesse Livermore and George Archer had no objections to this.

It was at this mont that George Archer finally realized the benefits of selling ADM to Venus Bank.

The resources are too abundant!

Previously, George Archer had actually discussed with John Dennis about entering the agricultural machinery field. John Dennis was very interested in this plan, but they didn’t have sufficient financial reserves; even if they had the idea, knowing it’s a good idea, they had no way to enter.

If they can enter the agricultural machinery sector, they can control more farms upstream in terms of technology, which would also help promote their seeds and other agricultural products!

Following Winston Marl’s words, George Archer continued: "Now the company’s board has been streamlined. So shareholders who were dissatisfied with ADM’s acquisition have begun to gradually exit their shares. I have acquired their shares in the na of the company. Additionally, the company is preparing to invest a sum of money in surrounding R&D for agricultural products; it’s expensive!"

The last three words are what George Archer truly wants to say!

In the past, pushing through a new research and developnt initiative for ADM was quite problematic, much like the aforentioned Apollo Chain. Although ADM isn’t publicly listed, it still has quite a few shareholders who invest in ADM expecting dividends and returns. If a new R&D direction is to be launched, it would take away profits rightfully belonging to the shareholders.

Thus, each policy implentation was no less than a battle for them!

Now it’s better, Venus Bank has beco ADM’s largest shareholder, holding more than 51%, granting absolute authority within the company. More importantly, there’s no fear of shareholders threatening with capital withdrawal.

If you wish to withdraw your investnt, no problem; Venus Bank will imdiately prepare sufficient funds to acquire your shares.

George Archer even suspected that Donnie hoped these people would honestly exit ADM, so Venus Bank could acquire more company shares.

However, because ADM is a newly acquired company, the most important thing for Donnie and Venus Bank is to take over its managent team, and in this regard, Venus Bank has already sent a team into ADM’s middle and lower managent for training.

You are reading America 1919 Chapter 1165 - 398: The Mighty Venus Business Empire (Part 2 on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
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