Andrew Carnegie
Andrew Carnegie was an American who owned industries and was charitable. He said, "Beyond this, never earn, make no effort to increase fortune, but spend the surplus each year for benevolent purposes."Andrew Carnegie was born on 1835 in Dunfermline, Scotland, the son of Margaret and Will Carnegie. Will was a handloom weaver, was a Chartist and political radical marcher for workingman's causes, after trying to keep the weaving industry alive by publishing letters on radical magazines it finally came to and end and Will Carnegie decided to move to America after hearing many encouraging reports. In 1848 after the family sold all their belongings and borrowed the extra money needed to be able to make the trip to America, the Carnegies embarked the small sailing ship the Wiscasset, and set sailed for a 52 day trip to New York, and three weeks to finally arrive at their final destination-Allegheny, Pa. now part of Pittsburg.Soon after their arrival, at the age of 12, Andrew started to work as a bobbin boy in a cotton factory and was earning $1.20 per week. In
Although Carnegie support the rights of unions, his goals of economy and efficiency may have made him favor local management at the Homestead plant In July of 1892, Carnegie Steel was marked by the bloody Homestead strike. At age sixty-five, he sold the company to J. By the age of 30 he had an annual income of $50,000. Keystone Bridge was a company that produced iron railroad bridges. 1849 he got a job at the O'Reilly Telegraph Company as a messenger boy and learned telegraphy. In 1865 Carnegie left the Pennsylvania Railroad to manage the Keystone Bridge Company, a company that was started in 1862 by Carnegie, Scott, and J. Morgan for $480 million and devoted the rest of his life to his philanthropic activities and writing. 1892 Carnegie controlled about 25 percent of the American iron and steel production and Frick persuaded Carnegie to merge Carnegie Brothers and Carnegie, Phipps, Company into one vast company - Carnegie Steel. With the union crushed, Carnegie slashed wages, imposed twelve-hour workdays and eliminated 500 jobs. Frick looked out 300 union workers and hired the Pinkerston Detective Agency, a private police force to protect the non-union workers. During Carnegie lifetime, he gave away over $350 million. Even though the Carnegie Company build boarding house, barracks a barber shop and even a saloon, the workers where assaulted. In 1856 Scott persuaded Carnegie to buy some stock and even loaned him the money to do so. While in this post, he invested in many companies and took several trips to Europe, selling railroad securities.
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