Publisher's Synopsis
Excerpt from Financial Giants of America, Vol. 2
He signalized his retirement from active business in l90- by gifts of for the benefit of his old employees. He donated to five Scottish universities the sum of 000 and a like amount to found a university at Washington, D. C which was placed under the supervision of the National Government. He also donated for the benefit of those de pendent ou persons sacrificing themselves to save life, or for the heroes themselves if they were injured. He contributed largely to the endowment funds of educational institutions both in this country and in Great Britain and the capital needed to equip hospitals. He also made provision for a permanent building at the Hague for the international court of arbitration. Carnegie did more than any other individual to replace dear iron with cheap steel. The fact that we can today buy as much steel for lo cents as our fathers bought for a dollar is mainly due to him and his partners. Carnegie did for the steel world what street cars have done for transportation, what the ioc magazine has done for the periodical interests, what the penny paper has done for the newspaper business. Carnegie did not over-charge his generation. This would be a story involving billions, not millions, if we deal with the amounts saved by the buyers and users of steel. Carnegie made strong friends and some enemies. What has been written of him has been invariably biased either by devotion or by dislike. For thirty-six years he remained un shaken in the control of his corporation, in the midst of plot and counter-plot. For twenty-five years he remained the world's steel master. Had he chosen to stay in business, and to carry on war against his competitors, he might have been an industrial dictator. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
