Essay on Andrew Carnegie : The Man Of Wealth

Essay on Andrew Carnegie : The Man Of Wealth

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1. The writer of this document is Andrew Carnegie. Andrew Carnegie was born in 1835 in Allegheny City, Pennsylvania to a happy family of weavers. Although Andrew Carnegie did not make his fortune in weaving, it took the death of his father in 1855 to kick start his mindset to the importance of school and learning. He began to study theatre and drama and got his first job at a telegraph office as the messenger boy. Soon after he became the secretary to the superintendent of the Pennsylvania Railroad, which in this time period would have been a great job considering the importance of the railways during this time. (http://www.thefamouspeople.com/profiles/andrew-carnegie-217.php) He started making investments in iron, but he soon realized that steel was the way to go so he made a very large investment of 40,000 dollars but in the end returned him with 1,000,000 dollars which is where his legacy began.
2. The article “Andrew Carnegies Gospel of Wealth” was written for people of higher class, the self-made rich or the people born into a rich family. Rich people in these times would make their fortune and then hold onto it till they died, then pass it on to their sons. These method issuers that only the rich stay rich, it leaves no room for the poor or the middle class because all the money stays in one family line. Andrew Carnegie is strongly against this; he believes that all wealth should be equally distributed because helping other people is better than leaving your money for someone who is already going to make a bunch of money after taking over the job you once had. These statements can be proved because Andrew himself states “We start, then, with a condition of affairs under which the best interests of the race are promoted, but...


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...of the article he gives us a creed by which all wealthy should live by and it states “to provide moderately for the legitimate wants of those dependent upon him; and after doing so to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer in the manner which, in his judgment, is best calculated to produce the most beneficial result for the community-the man of wealth thus becoming the sole agent and trustee for his poorer brethren, bringing to their service his superior wisdom, experience, and ability to administer-doing for them better than they would or could do for themselves.” (Internet History) Now I use this long quote because it shows that Andrew Carnegie is not afraid to lay down the law and tell other people among his level, this is what we need to do.

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