America 1919

However, as long as Adolf Ochs lets go of "The New York Times," he would still remain a multimillionaire, with certain social standing intact.

Felix Warburg said indifferently, "I actually think you don’t have to worry about these matters. Everyone knows that if we hadn’t intervened, ’The New York Times’ would’ve fallen into Donnie’s hands. So, I believe what we’re doing now is actually helping Adolf Ochs!"

"If only everyone could be so reasonable, things would be much easier!" Paul Warburg replied helplessly.

However, shortly after, Paul Warburg shook his head and cast the matter aside. What’s done is done, and harping on about it now serves no purpose.

"I’ve already discussed it with the board of directors of ’The New York Times.’ Everyone agrees that there are no objections to investing the previous funds into the Florida real estate market."

Previously, Adolf Ochs had mortgaged ’The New York Times’ to secure a bank loan in order to cope with Donnie’s lawsuits. With the Kuhn, Loeb & Co. consortium taking over ’The New York Times,’ Donnie, as per their original agreement, withdrew his legal dispute against the newspaper.

This left part of Adolf Ochs’s earlier loan unused. Paul Warburg, being completely captivated by the opportunities in Florida’s real estate market, immediately decided to inject this sum into Florida’s booming property sector!

"This time, Donnie essentially paved a wide, spacious road for us with his own money!"

Felix Warburg said smugly, "Spending several million dollars battling over ’The New York Times,’ all the while secretly planning to acquire the paper himself—he probably never expected us to catch on to his plan!"

Hearing Felix Warburg’s words, Paul Warburg also smiled, "Actually, Donnie’s plan was quite brilliant. If he had succeeded in acquiring ’The New York Times,’ he would’ve owned the largest press conglomerate in the nation. At that time, his influence would’ve been difficult for anyone to underestimate.