The Silver Group is not a company or a conglorate, but a small group within Congress made up of senators from the seven silver-producing states!
These seven states are all in the western United States, naly Utah, Nevada, Idaho, New xico, Montana, Arizona, and Colorado.
They concentrate over 80% of the nation’s silver enterprises, employing nearly 5,000 people.
When it cos to the Silver Act, the seven states’ one-seventh representation in the Senate, 14 seats, plays an important role.
According to later statistics, during this "Purchase of Silver Act" period, the Silver Group made a profit of over $1.5 billion!
"Do you want to go against the Silver Group within Congress?"
Caron Block instinctively thought Donnie wanted to compete with the Silver Group.
"They have long ford an entrenched chain of interests internally, which is simply impossible to break!"
Caron Block reminded Donnie.
The Silver Group has been ford for decades, with tangled internal relations, quite complex, and even several presidents before had failed to divide the Silver Group.
Caron Block was truly worried that Tang Fei, in a mont of impulsiveness, would take action against the Silver Group.
Donnie waved his hand and said: "What are you thinking, I am fully aware of the tangled interests within the Silver Group, and I have never thought of provoking their interests.
I might even have to cooperate with them!"
Caron Block was taken aback, looking at Donnie sowhat confusedly.
Donnie did not waste any words, directly calling Jessica Dole to bring the map over.
Jessica Dole brought the map, and Donnie pointed his finger below the United States.
"xico!"
Caron Block’s tone heightened, with excitent in his voice.
Tang Fei nodded and said: "That’s right!"
xico also has a title, known as the "Silver Kingdom," with later explorations showing that xico’s silver reserves have reached 37,000 tons.
anwhile, one of the world’s largest silver mines, the Sojito Silver Mine, is in xico.
And xico’s current rulers, Aguirre and Escovar, are supported by Donnie.
So, as long as Donnie wishes, the Sojito Silver Mine in xico could very likely change hands.
Currently, the holder of the Sojito Silver Mine is Fresnillo Mining, a mining company registered in London.
This mining company also controls another silver mine in xico, located in Zacatecas, xico.
The Fresnillo Silver Mine is also the oldest historical silver mine.
It started operations as early as 1554.
Most interestingly, this mining company does not belong to that family.
In its early days, Spain was a mariti hegemon and conquered xico, so the Fresnillo Silver Mine was controlled by the Spanish governnt.
At that ti, Spain established a mint in xico, using locally produced silver to make silver coins, with Spanish dollars also known as xican dollars.
About 2/3 of the silver coins were shipped across the Caribbean Sea and the Atlantic to the Board of Trade in Seville, Spain, while the remaining 1/3 were transported across the Pacific Ocean to Manila, Philippines, for purchasing goods like silk and porcelain from the East.
After xico’s independence, the Spanish "Real" beca the new "Eagle Dollar," but the money still ca from the original Fresnillo Silver Mine, just "wearing a different coat."
Western powers, to gain financial privileges in the East, also issued and promoted their silver coins in the East, such as Britain’s "Trade Dollar" and Japan’s "Dragon Dollar," while local warlords minted their coins to seek benefits, but these silver coins fell short in the currency battleground against the "Eagle Dollar."
After the decline of Spain’s mariti dominance, the United Kingdom and the Netherlands rose in succession.
Coupled with the frequent changes of power within xico.
It has already led to chaos among xico’s mining companies.
If you really need to delineate clearly.
It can be clearly delineated indeed.
For instance, among Fresnillo Mining Company, behind them are mainly British nobles and the xican regi.
"Even if you have supre power in xico, obtaining the mining rights for xico’s silver mines is not an easy task."
Caron Block analyzed for Donnie.
"There are three problems here; first, although Aguirre and Escovar are supported by you, they certainly have their own interests and will not easily hand over the silver mines to you!
Second, the Silver Group in the United States will also not welco a newcor, especially of your scale; to them, your involvent would disrupt their internal balance.
Third, the British nobility is not that easy to deal with; your involvent would essentially take away their interests!
By then, if they collaborate, they might even destabilize your position in xico!"
Donnie nodded, speaking: "So, as I just ntioned to you, power requires the support of the majority.
That’s why I invited Nevada’s senator, Kapitman, to Los Angeles for a vacation!"
Kapitman, not only a senator from Nevada, but also has served as Chairman of the United States Foreign Relations Committee.
Of course, Kapitman is also an important mber of the Silver Group.
Caron Block thought for a mont, understood Donnie’s intention.
In the afternoon, Kapitman arrived in Los Angeles, and Donnie received Kapitman in his study!
"Mr. Pitman, I’d like to properly thank you for the matters in Las Vegas earlier!"
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