The Cleveland Consortium is also a combined consortium, unlike the Morgan Consortium, Rockefeller Consortium, DuPont Consortium and Mellon Consortium, which have an internal structure of one superpower and multiple powers.

Its type is like the Chicago consortium that was dismembered before.

At first, the Cleveland Consortium was a steel industry consortium established by relying on the rich coal and iron resources in the Cleveland area. Then it relied on resources to gradually expand into banking, rubber industry, railway transportation and other fields.

Even now, the steel industry remains the main interest of the Cleveland Consortium.

Among the top ten steel companies in the United States, four are controlled by the Cleveland Consortium, namely Republic Steel Company, Lex Youngston Company, Armco Steel Company and National Steel Company.

Of course, because in the past ten or two decades, American industry has been continuously competed for the market by foreign countries and has also been affected by international comprehensive economic factors, so that American industry has been greatly affected.

Therefore, the overall strength of the Cleveland Consortium is only at the bottom, ranking from the bottom.

It's just that because the Chicago consortium, which was previously stronger than it, was dismembered by multiple consortiums, the Cleveland consortium, which originally ranked tenth, was lucky enough to move up one place to ninth. The tenth place belonged to the North Star consortium in the West.

As a combined consortium, like the Chicago consortium, there are four core families, namely the Mather family, the Hanna family, the Humphrey family and the Eaton family.

Even if the four families are allies, in the end they are not one family, and there will inevitably be intrigues. The interests of the family cannot be completely linked to the interests of the consortium, so that the Cleveland Consortium has also been seriously infiltrated by other consortiums.

For example, in the financial field, although the Cleveland Consortium has repeatedly strengthened itself and has five financial institutions including Cleveland Trust Company, Cleveland National City Bank, and Kekai International Group, these five financial institutions are all regional financial companies, and none of them is national.

Large financial giants.

As a result, in terms of finance, the Cleveland consortium has to rely on other consortiums in the East. In terms of raising funds, it mostly relies on the Morgan consortium and the First Citibank consortium.

In the industrial field, it was penetrated by the Rockefeller Foundation and the Mellon Foundation, especially the Mellon Foundation.

Amco Steel was infiltrated by the Mellon and Rockefeller syndicates.

National Steel Corporation was also infiltrated by the Mellon consortium.

Two of the four core steel companies have been seriously penetrated.

Another rubber giant, Goodyear Tire and Rubber Company, has also been seriously penetrated by the Mellon Consortium.

Another tire and rubber giant, Firestone Tire and Rubber Company, was infiltrated by the Rockefeller consortium.

In addition, there are some less important companies that have also been penetrated by other consortiums to varying degrees.

Of course, in today's era, it is very common for consortiums to infiltrate each other. The only difference is the severity of the infiltration.

It's just that the Cleveland Consortium is in a worse situation and has been penetrated more seriously. So when the four major families such as Mather and Humphrey faced these families, they were already inferior and had more constraints in various aspects, which seriously hindered the Cleveland Consortium.

development and growth.

The fall of Richard King Mellon, the third-generation leader who led the Mellon family to a new peak, made them all in awe, but made them ready to make a move.

At the foot of a well-guarded hill in the suburbs of Cleveland, the Mather family has been located here for more than a hundred years.

That night, the heads of the four major families gathered here.

Douglas Mather is the estate director, along with Reginald Hanna, Kenneth Humphrey and Sam Eaton.

The four of them are the top people in Ohio and the top bosses in the United States. The four of them can have an impact on the American industry.

"The latest news I got is that old Mellon is dead and has a high probability of becoming a vegetative state. Even if he can wake up, he will never be the all-powerful King of Pennsylvania."

Mather Douglas, with a cheerful smile on his face, told the good news to several people sitting here.

"It is indeed good news, but it is still a bit regretful. It would be great if he died directly." Sam Eaton said with regret.

His hostility towards the Mellon family is very strong. The reason for this is that the National Steel Company controlled by their family has been seriously infiltrated by the Mellon consortium. In daily operations, he was unable to fully use his hands and feet, and in some cases was even

So angry.

"Everyone wishes he had died, but this is beyond our control."

"As far as the current situation is concerned, the situation is already excellent. His sudden collapse has greatly reduced the threat to us from the Mellon Consortium. The Mellon family has not yet cultivated a qualified new generation of leaders.

,This is our chance!”

Reginald Hanna said with a sneer.

Kenneth Humphrey echoed: "There is something wrong with the education of the Mellon family. The management of future generations is too loose, so that there is a problem with the training of heirs."

"Previously, Mellon always took his third son Leonard Mellon and fourth son Woodrow Mellon with him wherever he went. I have also met these two young men. They are indeed very talented, but they are still too young.

.”

"The elder Leonard Mellon is only twenty-eight years old this year, and he is not worthy of his responsibilities, haha..."

Douglas Mather poured cold water on everyone with a serious face: "Let's not be too happy. At least Paul Mellon is still alive. Although his ability is far inferior to Richard King Mellon, he is still possible.

To calm the turmoil in the Mellon family."

Sam Eaton sneered and said: "Humph, now that the old Mellon has fallen, there are many people who are eyeing the Mellon Consortium. I don't believe that Paul Mellon can completely resist it."

Reginald Hanna then said: "Sam is right, we are definitely not the only ones who have ideas about the Mellon Group. I don't believe that these two greedy people, David Rockefeller and John Chris Morgan, will give up.

This opportunity.”

"Isn't that why we are sitting here now?"

"We should hurry up and finalize the action plan and take action as soon as possible."

Kenneth Humphrey immediately put forward an opinion: "I think the bottom line of our action is actually very clear. The three companies, Armco Steel Company, National Steel Company and Goodyear Tire and Rubber Company, are controlled by the Mellon Consortium.

Take it back and strengthen our foundation."

"Then if there are sufficient funds, the equity held by the Mellon consortium in other companies will also be taken back."

Reginald Hanna disagreed.

"I completely agree with Kenneth's previous point of view, but I think the latter point of view is still too conservative."

"I think we can be more radical. We can not acquire the equity of other companies except these three companies, but use resources to attack the Mellon consortium."

"Our financial strength is relatively weak and we rely heavily on other banks in the east. Can we use this opportunity to swallow up a financial platform of the Mellon Group to enhance our own financial independence?"
Chapter completed!