America 1919

Facing such a result, the elder Rockefeller did not rebuke his son. Instead, he praised young Rockefeller for having the courage to stand up to Morgan, the most domineering "moneybag" on Wall Street, during the negotiations and for speaking appropriately, responding with composure, and not losing his manners.

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At the same time, the elder Rockefeller told his son about a story from his own past!

The elder Rockefeller had a treasured group photo with his high school classmates, and given his humble background at that time, he imagined that he should make himself presentable for the photo, even planning how to report this good news to his mother afterward.

However, because of his shabby attire, he was not allowed to take the photo with the neatly dressed children of wealthy families.

Faced with this humiliation, the elder Rockefeller silently swore to himself that he would become the wealthiest person in the world.

Later, the elder Rockefeller became the first person in the United States publicly known to have a net worth exceeding one billion US Dollars.

And it was indeed during this educational moment that the elder Rockefeller shared that famous saying with young Rockefeller!

Now, Donnie saying this was, in fact, telling young Rockefeller that despite seeking Morgan’s help in persuading the Rockefeller Family, young Rockefeller’s personal visit was an affirmation of his magnanimity!

Young Rockefeller humbly replied, "That was a long time ago, but I still appreciate the education my father gave me!"

After sitting down, young Rockefeller began to discuss with Donnie the construction of a new oil transportation pipeline network.

In reality, there wasn’t too much disagreement on this matter. Even if young Rockefeller wanted to "pluck the peaches", he would have to wait until the new oil transportation pipeline network was built.

Now, both he and Donnie were just waiting for the completion of the new oil transportation pipeline network – that would truly be the time when their competition would begin.

Therefore, this round of discussions was very pleasant. The inclusion of the Rockefeller Family allowed for a new round of share distribution in the company, with each of the five companies holding a 20% stake. This meant that the previous investment of 14 million US Dollars, which was earlier 3.5 million US Dollars from each company, was now distributed among five companies, amounting to 2.8 million US Dollars each!

The company set up a board of directors, with each of the companies appointing one director.

Now the only issue left for the five companies was the position of chairman of the board!

When this matter was broached, the six people sitting together could not remain calm.

Everyone knew that with equal shares, the only way to have more influence in this new company was to secure the chairman’s position.

Where there are people, there is rivalry. And where there is rivalry, there is strife.

No matter how well the companies had gotten along before, they now started arguing over this matter.

They were no longer cautious about Donnie previously dominating Sinclair Oil Corporation in the stock market, nor were they wary of the influence of the Rockefeller Family. Everything was for their own benefit!

"Arnie is a very suitable manager. It was his presence that enabled our company to complete the previous two financing rounds when he worked with us," said James O’Neal, recommending their company’s deputy general manager, Arnie Elsa.

A professional manager with a Harvard University degree, the 41-year-old Arnie Elsa was recruited by James O’Neal when he first established Prestley Petroleum Company. He made a significant contribution to the development of the company and was effectively the second in command at Prestley Petroleum Company.

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"I agree with James’s proposal. I have had several interactions with Arnie. He is a very capable and decisive person. The new company needs someone like him to emerge!" supported Robert Stewart.

The two now shared common interests, so Robert Stewart did not recommend someone from his own company but sided with James O’Neal instead!

"No, the new oil transportation pipeline company does not require a president who expands territory but one who can serve us wholeheartedly. After all, the new company’s business is only to serve our three major oilfields.

If Arnie Elsa were to take on the role, in my view, it would completely waste Arnie’s abilities, an utterly unprofitable venture!" Laze Madison rejected the suggestion, adding, "In my opinion, the new company should be managed by someone more experienced and steady. The most important thing for the person in that position is to manage the oil transportation issues between our four companies. Therefore, I recommend Campbell Saxe from our company. I believe everyone has heard of his name and knows his capabilities!"

Campbell Saxe, the manager of the production department at Sinclair Oil Corporation, was one of the oldest employees of Sinclair Oil Corporation, having started the business with Harry Sinclair.

"I agree with Madison’s opinion, but I have a different idea regarding the candidate. Once the new company is established, the president will definitely have to focus more on the new company. Campbell is too important to Sinclair Oil Corporation. Therefore, I propose that Dracula O’Sae, the manager of our company’s transportation department, take the role. The board of our company was already preparing to promote him to deputy general manager, but now it seems to me that the new company needs his talent even more!"