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Scene 156 American Newspaper Group

Media is a medium responsible for disseminating information.

Most people cannot understand the role of this medium.

At least, in the eyes of people in the nineteenth century, newspapers were just something that could not be eaten or drunk, and at most they could only be used as food wrapping paper or ass wiped.

In their opinion, the media industry has no future, and even if it is bigger and bigger, it will not make much money.

However, for Doug, a person who has experienced the new media era and has experienced traffic bombing, he clearly knows how powerful the media is.

But under the technological conditions of the 19th century, the only media that can be widely disseminated was newspapers.

Newspapers are now in a state of monopoly.

If a newspaper reports something, readers may think it is fake.

But if after a while, I heard that the newspaper next door was also reporting such a thing, then is this matter real?

Doug disdains to commit fraud, but some of the facts he disclosed are shocking and appalling to readers outside the banking industry.

One media reported, two media reported that most media in New England were repeating.

Coupled with the gimmick of this report itself, this matter is likely to become a hot topic.

The banking industry is most afraid of bank runs.

A large number of readers, as well as readers' audiences, even one-tenth or even one-tenth, try to exchange gold and silver with the attitude of believing in the existence of it rather than believing in it.

Others, even if they don’t believe in the “rumor” reported, are afraid that they will be redeemed if they are too late and enter the tide of redemption.

In this way, Eagle Bank will inevitably be unable to accept all customer requests.

Once it cannot accept it, it will inevitably lead to a credit crisis and a larger-scale run.

At that time, could the shareholders of Eagle Bank still have the confidence they are now?

If at this moment, some accidents such as explosions and fires suddenly appear in the homes of these shareholders.

The primary target of doubt is probably not Doug who forces them to sell shares, but those blind and stupid bank customers.

At that time, Doug will come forward to turn the tide and kindly acquire shares of Eagle Bank. Even if they know that this crisis is the result of Doug's self-directed and acted by himself, what else can they say besides thanking him?

Thanksgiving is an original festival in the United States.

This festival is to commemorate the immigrants on the Mayflower, a former American citizen. In the face of hunger and cold, it was granted the skills of planting, hunting and fishing by the Indians, and finally achieved a bumper harvest.

Although massacre of Indians is one of the United States' unswerving basic national policies.

However, Thanksgiving has still become a grand festival that all the great and kind people of all states in the United States have to hold.

In this era when Thanksgiving in the United States is not yet unified, Connecticut's Thanksgiving is at the end of the year, that is, December.

Because the governor of Connecticut only knows how difficult it is to harvest at the coldest time, can he remember the bitterness and sweetness, and think of the sufferings of his ancestors at that time.

On December 12, 1859, on the eve of Thanksgiving, the New Haven Times published an article titled "Scandal in the New Haven Banking World! Revealing the Insider of Eagle Bank!"

This article is the first shot fired by the American Press Group at Eagle Bank!

Speaking of the American Press Group, this formal name seems to be an official company of the US government, a state-owned enterprise of the United States.

Unfortunately, there were no state-owned enterprises in the United States in this era.

The figure behind the American Press Group, or the editor-in-chief of the American Press Group, is part-time work by Brian, the editor-in-chief of the New Haven Times.

The so-called American newspaper group is just the name of dozens of local tabloids on the verge of bankruptcy.

It sounds glamorous, but in fact it is just a donkey dung egg.

At the beginning, Blair wondered if he could call Doug and Blair to join the newspaper industry?

Because Doug promised him that he would become a newspaper tycoon.

Also, because Doug and his collaborators have the habit of jointly naming them.

For example, the chemical company with Tom is called Doug and Tom Chemical Company.

However, Doug denied his name and gave it another name, which is the current name, "American Press Group".

Newspapers whose names were named by the American newspaper group began to resurrect and resume news collection, newspaper layout, distribution and other work.

As of December 11, 1859, all newspapers from newspapers under the US Press Group finally resumed publication and released the first newspaper after the acquisition.

And one day after that, the core of the American newspaper group, the New Haven Times, published an article titled "Scandal in the New Haven Banking World! Revealing the Insider of Eagle Bank!"

All the typesettings of tomorrows in the US Press Group are all front pages, and the full text reprints this article.

This article will be published in every area where the US newspaper group is penetrated, regardless of region or city.

Doug knew that his approach seemed a bit too rough and would arouse many people's alertness.

But, so what?

What can the public do if all the shareholders of Eagle Bank are angry?

They don't even have a channel to refute rumors.

They do not have any newspapers, and they do not even have the qualifications to compete on the same stage as the American Press Group.

What?

You said that they would spend money to refute rumors in other newspapers, just like New Haven has not only the New Haven Times but also the New Haven Daily. In other cities, some may have only one newspaper, but those with two can still fight back.

But how many newspapers are willing to fight back?

Collecting money to do things is a very cost-effective thing.

If most media say that a crow is white, then this crow is white.

Even if this crow is really black, the power of the crowded word can forcefully change the definition of "black" and "white".

The newspapers say "white" means "black", and the "black" you say is not "black".

The most important thing about a newspaper is the credibility of its target audience. If it is like the New Haven Daily, it loses its credibility.

What they say, who will believe it?

If they have problems when Eagle Bank is reported on a large scale, they will come out and clean up when they are about to go bankrupt.

Then, they will definitely become targets. Even if they do not report, those who will suffer losses will take the responsibility for their losses to them.

This is human heart, this is human nature.

It is never wrong, but the world.
Chapter completed!
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