Ap Morgan Biography

Andrew Carnegie was a man who started from nothing and built his way up to find his fortunes in world of steel and factories and after retiring set himself to a life of philanthropy donating his fortunes to the people. This isn’t to say he was an entirely good person

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 industrial enterprises in America. Carnegie later sold it to J.P. Morgan's United States Steel Corporation in 1901 for $400 million, which would be a little over $4 billion today! After retiring, Carnegie's fortune was estimated to be as large as half a billion dollars. From that time on, with the philosophy that the rich have a moral obligation to give away their money, he devoted himself to philanthropy. Although ironic, this man of great fortune strongly believed in the merits of poverty for the development of character and work ethic, and determined that wealthy men should not leave their fortunes to their children, but should give it away, claiming "The man who dies thus rich, dies disgraced." The picture of community service, Carnegie is quoted as saying, "Pittsburgh entered the core of my heart when I was a boy, and cannot be torn out. I can never be one hair's breadth less loyal to her, or less anxious to help her in any way, than I have been since I could help anything. My treasure is still with you, and how best to serve Pittsburgh is the question which occurs to me almost every day of my life." Colonel James Anderson, who Carnegie

What is Philanthropy? Who is a Philanthropist? A philanthropist is someone who gives their fortune back to schools, libraries, communities and much more. Andrew Carnegie and Bill Gates did just that. They continue to give away their fortune to help others. Andrew Carnegie and Bill Gates became very wealthy in

Andrew Carnegie was born into poverty in Scotland and immigrated to the United States with his family for the prospect of a better life. Although, in the United States, his family still struggled to make ends meet until Carnegie was offered a job at a cotton mill as a bobbin boy, changing spools of thread for 12 hours a day, six days a week for $1.20 per week. He became the primary breadwinner of his family at the age of 12. After years of working

Andrew Carnegie was born on November 25th, 1835 in Dunfermline, Scotland. His father was a hand loom weaver and Chartist. Carnegie believed in the importance of birthplace. “I was supremely so in

The Carnegie Steel Company was a successful factory, which employed many hundred of workers. Andrew Carnegie, who was the owner of the company, wanted a large successful business, which he had achieved already, but he was always looking for ways to save and make more money. By 1892, unions had been formed

The 21st President Chester Alan Arthur was born on October 5, 1829, in Fairfield, Vermont. Arthur and his seven siblings lived in the United States and Canada during their childhood.

The Homestead Strike was a labor dispute between the Amalgamated Association of Iron and Steel Workers and the Carnegie Steel Company. The Carnegie Steel Company’s chief executive, Henry Frick, hired Pinkerton Detectives to end the workers’ strike. On July 6, 1892, a confrontation between the workers and Pinkertons escalated into

Carnegie was very poor during his childhood, and this will cause him to try a variety of jobs that inevitably led to his steel empire. “Andrew Carnegie was born November 25, 1835 in Dunfermline, Scotland. His father, William Carnegie, a prosperous handloom weaver at the time of Andrew’s birth, was unable to compete with the new technology of steam loomers and fell into poverty as Andrew grew older,” (UXL biographies). In 1848, Andrew and his family immigrated to Allegheny City, Pennsylvania, and Andrew got a job at a

Carnegie not only got his start as a young Irish immigrant working as a railroad telegraph operator, his first major corporation was the Keystone Telegraph Company, in which he acquired the Pacific and Atlantic Telegraph Company. Carnegie thought of giving up on business after having moderate success, but on a trip to England in 1872, he met with Henry Bessemer and saw his plans for steel. (Carnegie

Carnegie was the classic rags to riches story, the penniless immigrant who made it big in the land of opportunity. Carnegie was born in Dunfermline, Scotland, and migrated to America in 1848 at the age of 13. His first job was in a cotton mill, earning a measly $1.20

     After his near death experience and fall out with Carnegie Steel Company he continued his business interests in Pittsburgh, New York, and other cities. He formed the St. Clair Steel Company in 1900, with the largest coke works in the world in Clairton. He then played a major role in the formation of United States Steel Corporation, after Carnegie sold his interests in the Carnegie Steel Company in 1901. He then began investing in a large real estate in Downtown Pittsburgh that included the Frick Building,

Disharmony among unions, violence created by the laborers, and the negative perceptions and associations gained by those actions were not the only crippling factors; the outside forces of the employer and government also proved to be detrimental to the labor movement. In the case of the Homestead Strike, which was caused by Henry Clay Frick’s nearly twenty percent cut in wages in 1892, Pinkerton detectives were hired to put an end to the development that arose. However, Frick’s arriving guests were met by his striking employees, resulting in multiple deaths (Document G); despite this attempt of resistance, the strike ended after five months, creating a huge setback in the steel industries’ labor movements. Frick’s tactics were not uncommon; other popular weapons employers used included lockouts, closing a particular factory before a suspected movement was put together; blacklists, which included the names of workers who were associated with unions and would be passed about employers; and yellow-dog contracts, which prevented employees from joining unions while they were working for a company (Document E). One particular tactic was secured by a Supreme Court case in 1895, In re Debs, which was a result of

" Pittsburgh's strategic location and wealth of natural resources spurred its commercial and industrial growth in the 19th century. A blast furnace, erected by George Anschutz in 1792, was the forerunner of the iron and steel industry that for more than a century was the city's economic mainstay; by 1850 it was known as the "Iron City." The Pennsylvania Canal and the Portage Railroad, both completed in 1834, opened vital markets for trade and shipping. After the American Civil War, great numbers of European immigrants swelled Pittsburgh's population, and industrial magnates such as Andrew Carnegie, Henry Clay Frick, and Thomas Mellon built their steel empires there. The city became the focus of historic friction between labor and management, and the American Federation of Labor was born there in 1881."

The Homestead Strike was an industrial strike at the Carnegie Steel Company plant that occurred in Homestead, Pennsylvania, on July 6, 1892. Many regard it as one of the most violent labor strikes in United States History. The strike began when the manager of the plant, Henry Clay Frick, closed the mill after the workers rejected his proposed twenty-two percent wage cut. Frick hired approximately three hundred men from the Pinkerton Defective Agency to guard the