Chapter 78 Banquet
Phoenix Golf Course, located in a suburb not far from Monk Farm.

A standard golf course consists of 18 holes, each hole has a specified number of strokes, called par, and the par is 72. The course has tee boxes, fairways, greens, as well as obstacles such as long grass, sand traps, and pools.

Today is the opening day of Phoenix Golf Course. Zhang Feng rented dozens of cars to go to Los Angeles International Airport to pick up these distinguished guests.

Of course, the current airport was not called this name. Construction of Maines Airport began in October 1928. Maines Airport was renamed Los Angeles Airport in 10. Los Angeles Airport used "LAX" as its code in 1941. Los Angeles Airport was renamed Los Angeles International Airport in 1947.

In addition to American politicians and wealthy people, ambassadors from various countries are also present today. After all, those who come today are important figures in the United States, and they can also play golf for free, so they will definitely not be absent.

"President Roosevelt, your visit really brings honor to my humble home. Please come in." Zhang Feng was waiting to receive these important figures at the Phoenix Golf Course early in the morning, hoping to leave a good impression on them and not to embarrass himself in the future.

"Mr. Morgan, thank you for coming."

"Mr. Rockefeller, it's an honor to have you here."

After some polite greetings, everyone who should have arrived had arrived.

There is a three-story club area in the stadium, whose main functions are reception, office, management and logistics supply.

Specific functions include reception, caddy room, member room (resting, changing, meeting), meeting room, public entertainment room, gym, restaurant, bar, bathroom, medical care, office management, etc.

At 10 o'clock in the morning, in the empty hall on the first floor, the tables were filled with food, mainly Western food and some Chinese food. There was a wired microphone in the middle of the podium and a band on the right.

At this time, Zhang Feng, as the host here, took the lead to walk onto the podium, followed by Getri Garbo.

Zhang Feng has a slicked-back hair and wears a dark blue suit, looking elegant and dignified. The suit is well-cut with smooth lines, showing his mature charm.

When Getri Garbo beside him walked into the hall, she instantly stood out. Her slightly curly hair was naturally draped over her shoulders. The V-neck purple evening dress showed off her sexy collarbone without reservation. Her breasts looked particularly tall against the purple background. Her purple skirt had a slit on the left front side under her willow waist without a trace of fat. The slit was 30 centimeters above the knee. Her white and slender legs were faintly visible, giving people endless reverie.

She is wearing a pair of 3cm high-heeled ladies' shoes. The goddess exudes an elegant and dignified fragrance and is infinitely charming.

They must be willing to see Zhang Feng and the white woman together, which is why Zhang Feng only brought Getri Garbo with him today.

"Ladies and gentlemen, thank you for taking the time to attend my banquet. America is a very tolerant country.

I felt his incomparable charm. Today, the American economy is far ahead of the world. Such a huge achievement is inseparable from the efforts of everyone present. Now, raise your red wine glasses and let us toast to the powerful America. "

Zhang Feng spoke first, and then carefully observed the reactions of the people below the stage.

"Cheers!" Everyone was very pleased to hear Zhang Feng's flattery, and they all responded to Zhang Feng and raised their glasses.

"Next, please welcome our president, Mr. Roosevelt, to the stage." After Zhang Feng expressed his goodwill to everyone, he handed the stage over to the most important guest of the day, who was also the thing that everyone was most concerned about today.

The purpose of his speech just now has been achieved. Zhang Feng stated that he is now an American. Everyone has immigrated from various countries and nationalities around the world. The achievements they have made now have proved their abilities and they should be treated equally.

"Today, all the important figures of America are here. Mr. Monk was right just now. America’s current achievements are inseparable from everyone. We are all members of the United States of America. Only when the country is strong can we become richer. Now America has fallen into an unprecedented crisis. I have been appointed as president in this time of crisis and have the obligation to lead the country out of the quagmire." After Roosevelt's opening remarks, he used Zhang Feng's words to elaborate on his New Deal theory, put forward the slogan of "Rebuilding America", and expressed the hope to gain everyone's support.

Roosevelt's New Deal contained a lot of content. In terms of finance, when he was sworn in as president, almost no bank in the country was open, and checks could no longer be cashed in Washington.

On March 3, Congress passed the Emergency Banking Act, deciding to adopt a system of individual review and licensing for banks, allowing solvent banks to resume operations as soon as possible. From March 9 to 3, 13 banks received licenses to reopen, compared with 15 before the crisis broke out in 14771, eliminating 1929 banks.

Through this financial industry rectification, Zhang Feng's Maple Leaf Bank, because of its sufficient capital, also obtained Roosevelt's support and carried out limited expansion. He also entered the securities, insurance and other industries.

After all, other consortiums have no time to take care of it at this time. Instead, they hope that Zhang Feng will invest a large amount of money to supplement the liquidity of the financial industry and become the leeks they will harvest in the future.

The financial policies were undoubtedly successful. The industry has regained a bit of vitality. Roosevelt maintained and strengthened the private ownership of American financial capital and strengthened the state's management and control over the financial system.

His policies have also won the goodwill and trust of some people.

The most important thing for him this time was to implement a policy of state intervention in the economy. Previously, he pursued a laissez-faire policy and opposed state intervention in the economy. Although the resistance was very small due to the Great Depression, he still needed the support of capitalists in some aspects.

For example, the upcoming implementation of the system will determine the production scale, price level, market distribution, wage standards and working hours of each enterprise to prevent overproduction caused by blind competition and strengthen government control and regulation of capitalist industrial production.

This only requires the consent of the capitalists and legal protection.

However, Roosevelt wanted to promote "work-for-relief", vigorously build public works, and establish a social security system so that retired workers could receive pensions and insurance, the unemployed could receive insurance benefits, and mothers with young children and the disabled could receive subsidies.

These policies require a large amount of funds. At this time when the economic outlook is uncertain, the issuance of such a large-scale government bonds must obtain the support of the wealthy people present.

After Zhang Feng was the first to express his support for Roosevelt's New Deal, everyone also expressed their support. After all, no one was stupid, and it was basically impossible to lose money by buying the government bonds of the world's most economically powerful country.

Moreover, they dare not invest casually now, but they can't just leave the money in their hands to gather dust, which is not in line with the concept of capitalists. On the contrary, government bonds are the project with the highest return and the lowest risk, it just depends on the strength of support.

After solving the most important thing of the day, today's meeting officially began. People in the hall held wine glasses and talked to each other about business cooperation. Now is a time when crisis and opportunity coexist.

Some people need to expand their business empire, some people need to sell some of their companies to obtain working capital, everyone gets what they need.

For example, Zhang Feng took advantage of this opportunity to enter many industries, such as chemical industry, machinery manufacturing, finance, etc., which were in great conflict with other consortiums. Zhang Feng only acquired companies and did not operate them. Instead, he sold the technology to Meihua Company.

The financial industry has a large capacity and you can enter it with confidence. In the end, everyone will judge based on their own abilities. Some industries are prone to unfair commercial competition.

Zhang Feng also took advantage of the agricultural downturn at that time to purchase a lot of land and farms. Among the four major grain traders in later generations, only two are still in the United States. Bunge will not enter North America until 1935. ADM was founded in 1902 and is not very powerful now.

Zhang Feng believes that land is a valuable asset at all times, and Bill Gates in the future will be a big landowner in America.

(End of this chapter)