America 1919

Chapter 792: 271. Jack Morgan joins the Tarot Society_3

But it was only after Jack Morgan had completed the initiation ceremony of the Tarot Society that Andrew Mellon spoke with him.

“I admit, your previous suspicions were justified. Within the government, there indeed exists a group that has been trying to weaken Morgan’s influence in the United States and even the world, but in this matter, I am merely an observer, not a planner nor a participant,” said Andrew Mellon.

Jack Morgan was taken aback. He did indeed come to Washington hoping to investigate this matter thoroughly, but he had not expected Andrew Mellon to disclose it to him so candidly.

Could this be the power of the Tarot Society?

“I concede to what Donnie has said, that the United States is vast, and the world even more so!” Andrew Mellon continued speaking to Jack, “Even though the Tarot Society has only been established for two months, within this period, Donnie and I have exchanged correspondence over ten times, and the cooperation between us has exceeded your imagination.

The wealth and influence it has brought are beyond your imagination as well!”

At this point, Andrew Mellon expressed his gratitude to Donnie: “Donnie, thank you for your reminder and assistance, which have relieved me of future worries!”

Donnie smiled indifferently, “It’s all part of what should be done. Now that we have become allies, in our cooperation, we must abide by the principles of the Tarot Society!”

Jack Morgan did not know what Donnie and Andrew Mellon were talking about. In fact, in this matter, neither Coolidge nor General Pan Xing knew either.

The principle of the Tarot Society is that individual collaborations between members, as long as they don’t affect the interests of the majority of the members of the Tarot Society, need not be disclosed to the society.

The collaboration between Donnie and Andrew Mellon was actually about the potential consequences of the Teapot Dome scandal.

Andrew was not only the United States Secretary of the Treasury but also the Sect Leader of the Mellon Consortium, and the latter role was actually more important to Andrew Mellon.

In his position as Secretary of the Treasury, to say that Andrew Mellon did not seek benefits for the Mellon Consortium would be impossible.

Among these affairs was one involving the cooperation between Andrew Mellon and Albert Furr.

Although Andrew Mellon did not hold Albert Furr in high regard, it did not prevent Andrew Mellon from cooperating with him.

In this cooperation, Albert Furr acted as a middleman, facilitating collaboration between Gulf Oil and Pan American Petroleum, both under the Mellon Consortium.

This cooperation was, of course, illegal, so Andrew Mellon gave Albert Furr a compensation of half a million US Dollars.

If the Teapot Dome oil field scandal had not erupted, then this transaction would have naturally remained unknown.

But now Donnie had clearly informed them that the United Kingdom’s MI6 had gotten involved in this affair.

So Andrew Mellon understood very well that Albert Furr would inevitably fold in this matter.

And when one pulled out the radish and brought out the mud, he would undoubtedly be affected as well!

In fact, on another timeline, when the Teapot Dome oil field scandal was being tried, it did, indeed, bring out Andrew Mellon, which greatly damaged his reputation, and he soon resigned from his position as Secretary of the Treasury.

Now, Donnie was working with Andrew Mellon to minimize the impact of this affair. For this purpose, Donnie even personally visited his father-in-law in name only, William Howard Taft.

Of course, Donnie also received a significant reward for his involvement in this matter.

That is what was mentioned earlier: the possibility of Donnie facing a cash crisis, for which Mellon Bank had already provided him a loan of 30 million US Dollars at an interest rate so low it was practically non-existent.

Whenever Donnie needed it, Mellon would provide it.

Jack Morgan did not inquire about the projects that Andrew Mellon and Donnie were cooperating on; he was more concerned about his own situation, “So that small group, are they what’s called God’s most beloved nation?”

Andrew Mellon nodded!

The feud between Morgan and the Jewish People had a long history.

By the time of Jack Morgan, it had even reached its peak.

During World War I, Morgan and Jewish bankers were clearly divided in their support, with Jewish merchants backing Germany while Morgan supported Tsarist Russia and the United Kingdom.

Even in 1914, Morgan had provided a 12 million US Dollar loan to Tsarist Russia.

And through the United Kingdom, Morgan purchased weapons for Tsarist Russia.

The Kuhn, Loeb & Co. consortium, one of the eight great American consortia at the time, controlled five major railway companies such as the Pennsylvania Railroad Company and the Southern Pacific Railroad Company and together with other consortiums controlled several other companies like the Union Pacific Railroad Company.

They also invested in many industrial mining, commercial, and other enterprises, such as Bethlehem Steel Corporation, Kennecott Copper Corporation, Westinghouse Electric, General Dynamics, and so on.

The boss of the Kuhn, Loeb & Co. consortium was the Jewish merchant Jacob Schiff.

Jacob Schiff was very dissatisfied with Morgan’s support for Tsarist Russia and personally wrote a letter to Jack Morgan.

The two even had a fierce argument thereafter.

Previously mentioned, Morgan’s headquarters in New York had suffered an explosion, and although it was not determined who was behind this event, Jack Morgan linked it with the 1915 shooting incident, the Thorne incident, the Mark shooting incident, and various other events, convincing himself that it was the Jewish People who were responsible.

Another incident that led Jack Morgan to this belief was the investigation that the United Kingdom started against Morgan after World War I, led by a Jewish British person, the British Attorney General, Sir Dingwall.

If one were to speak in detail about the hatred and disputes between Morgan and the Jewish people, it would be like an endlessly long and foul-smelling cloth wrap.

Now that World War I had ended, Jewish merchants began seeking greater influence and a higher voice in the United States, making Morgan the largest roadblock standing in their way!