A man of Scotland, a distinguished citizen of the United States, and a philanthropist devoted to the betterment of the world around him, Andrew Carnegie became famous at the turn of the twentieth century and became a real life rags to riches story.
Born in Dunfermline, Scotland, on November 25, 1835, Andrew Carnegie entered the world in poverty. The son of a hand weaver, Carnegie received his only formal education during the short time between his birth and his move to the United States. When steam machinery for weaving came into use, Carnegie’s father sold his looms and household goods, sailing to America with his wife and two sons. At this time, Andrew was twelve, and his brother, Thomas, was five. Arriving into New York on August 14, 1848, aboard the Wiscasset from Glasgow, the Carnegies wasted little time settling in Allegheny City, Pennsylvania, a suburb of Pittsburgh, where relatives already existed and were there to provide help. Allegheny City provided Carnegie’s first job, as a bobbin boy in a cotton factory, working for $1.20 a week. His father also worked there while his mother bound shoes at home, making a miniscule amount of money. Although the Carnegies lacked in money, they abounded in ideals and training for their children. At age 15, Carnegie became a telegraph messenger boy in Pittsburgh. He learned to send and decipher telegraphic messages and became a telegraph operator at the age of 17. Carnegie’s next job was as a railroad clerk, working for the Pennsylvania Railroad. He worked his way up the ladder, through his dedication and honest desire to succeed, to become train dispatcher and then division manager. At this time, young Carnegie, age 24, had already made some small investments that laid the foundations of his what would be tremendous fortune. One of these investments was the purchase of stock in the Woodruff Sleeping Car Company.
In 1864, Carnegie entered the iron business, but did not begin to make steel until years later. In 1873, he built the Edgar Thomson works in Braddock, Pennsylvania, to make Bessemer steel. He established many other steel plants, and in 1892, he merged all of his interests into the Carnegie Steel Company. This act from Carnegie is fitting with one of his most famous quotations, "Put all of your eggs in one basket, and then watch that basket." This firm became one of the greatest indu...
... middle of paper ...
...fiting from Carnegie’s charity include various Carnegie museums of history, science, and art, Carnegie Hall in New York, and other public spirited organizations.
Before 1919, when Carnegie died, he had given away $350,695,653, and at his death, the last $30 million was likewise given away to foundations, charities, and pensioners. He left a mark on society not only through his enormous monetary provisions, but also with his own literature. Carnegie loved to promote his ideas and opinions in print, and has written many works outlining these philosophies, including Triumphant Democracy (1886), The Gospel of Wealth (1900), The Empire of Business (1902), Problems of Today (1908), and an Autobiography (1920) (Mitzen 182).
Although Carnegie only stood somewhere between 5’2" and 5’6", he "had to be a great, tough, disciplined giant of a man." His commitment to others is not only seen through his many munificent works, but in the way he lived, including his tombstone in the Sleepy Hollow Cemetery of North Tarrytown, New York, where the epitaph reads, "Here lies a man who was able to surround himself with men far cleverer than himself."
Andrew Carnegie, the monopolist of the steel industry, was one of the worst of the Robber Barons. Like the others, he was full of contradictions and tried to bring peace to the world, but only caused conflicts and took away the jobs of many factory workers. Carnegie Steel, his company, was a main supplier of steel to the railroad industry. Working together, Carnegie and Vanderbilt had created an industrial machine so powerful, that nothing stood in its path. This is much similar to how Microsoft has monopolized the computer software
Andrew Carnegie and John D. Rockefeller: Captains of industry, or robber barons? True, Andrew Carnegie and John D Rockefeller may have been the most influential businessmen of the 19th century, but was the way they conducted business proper? To fully answer this question, we must look at the following: First understand how Andrew Carnegie and John D. Rockefeller changed the market of their industries. Second, look at the similarities and differences in how both men achieved dominance.
Over the years Carnegie became tired of being in the steel business, so when J.P Morgan and his partners were interested in Carnegie’s Steel Company, Carnegie found that way would be a great way to get out of that world. Carnegie sold his company to them left them to $480,000,000, that was the second smart move for him. In 1901 Carnegie became the richest man alive, and he knew he had to give it away when he died.
Steel Company after a serious, bloody union strike.He saw himself as a hero of working people, yet he crushed their unions. The richest man in the world, he railed against privilege. A generous philanthropist, he slashed the wages of the workers who made him rich. By this time, Carnegie was an established, successful millionaire. He was a great philanthropist, donating over $350 million dollars to public causes, opening libraries, money for teachers, and funds to support peace.
Andrew Carnegie was a Scottish American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He built a leadership role as a philanthropist for America and the British Empire. During the last 18 years of his life, he gave away to charities, foundations, and universities about $350 million – almost 90 percent of his fortune. His 1889 article proclaiming "The Gospel of Wealth" called on the rich to use their wealth to improve society, and it stimulated a wave of philanthropy.
To understand Carnegie before he became a wealthy man, he grew up poor working for $1.20 a week (Document LV). At the age of 50 years, he took a risk by investing in a package delivery company. His gamble paid off and he gained money to start his company, Carnegie’s Steel Company. Eventually, his company grew and caused
So Nora throughout the story her personality and how she handles certain things through the story changes a lot. From being a happy person and having a very loving family with her husband Torvald, but as the story escalates the small lies during the story starts the beginning of a very tough road. From the lies from Torvald and doing things behind his back like breaking the law, and the blackmail threats. All the drama escalates to her ending up wanting to kill herself, but in the end she needed to be on her
Andrew Carnegie and his philanthropy made him a hero because he helped more people than harm in the long run, by this I mean he helped other countries. He also sets a great example to everyone that helping others or someone is not something you need to wait to do when you are no longer living. If someone needed help and even a stable person had the choice to help but until they are no longer alive has little meaning. Perhaps it would be too late when the person isn’t around anymore. Its about what someone can do to help when they are around, it is about what a person can do in the time of need even if it is not much but a little of anything can go a long way. In (Doc C) there is a list of amounts of money that Carnegie has donated to various places which in total he has donated well over $271m but aside from that his corporation is giving out about $100m a year, most of it to education (Doc C)
Carnegie joined Thomas Scott during the civil war and developed a military graphing system. After this he advanced from telegraphy going through railroading and bridge building until he found himself in steelmaking, where he would make his profit. Due to his practical and ambitious ways, Carnegie wanted to dominate the steel industry, leading him to be tyrannical and a dishonest. Carnegie’s talent lied within promoting and selling steel rather than the technical part of steelmaking. Much like Rockefeller, Carnegie was also philanthropic because he gave much of his money away to build libraries, hospitals, parks, etc.
...y the end of his life Andrew Carnegie had given away nearly 350 million dollars putting even more into the Carnegie Foundation to continue his philanthropic efforts.
Andrew Carnegie life was a true rags to riches story. He started out as a poor Scottish immigrant whose first job paid $1.20 per week. He worked his way up to being a multimillionaire while he was still in his thirties. Carnegie is not just known for making money, but he mainly known for giving his fortune.
steel pipe tubing, Carnegie threatened to ruin him by invading his business if Morgan did not buy Carnegie out. E...
...failed in his duty to redistribute his surplus wealth to his community, and that the State should heavily tax the remaining estate. This belief that men of wealth were responsible for bridging the widening gap between the well-to-do and those hoping to do well led Carnegie to publish The Gospel of Wealth.
Carnegie saw how bad the wooden railroads were, so he proceeded to slowly replace them with iron ones. Carnegie's charm, perception, and hard work led to becoming one of the world's most famous men of the time, and led to the first corporation in the world with a market capitalization in excess of one billion when he sold his companies to John Morgan who called them United States Steel Corporation.
Nora had got the loan behind Torvald 's back, so she could save her husband 's life but, she was forced to forge his signature so that she could get the loan. I was surprised when I seen Nora get the loan from Mr. Krogstad. Nora friend Mrs. Linden said "a wife can 't borrow money without her husband 's consent." That 's why I was surprised I didn 't know Nora had it in her to make big decisions like that on her own. This showed me that Nora don 't only just think about herself and just do what her husband tells her. I noticed that she will do what she have to do for her love one