Online Encyclopedia

ANDREW CARNEGIE (1837– )

Online Encyclopedia
Originally appearing in Volume V05, Page 365 of the 1911 Encyclopedia Britannica.
Spread the word: del.icio.us del.icio.us it!

ANDREW CARNEGIE (1837– )  ,
See also:
American "captain of industry " and benefactor, was born in humble circumstances in Dunfermline, Scotland, on the 25th of November 1837 . In 1848 his
See also:
father, who had been a Chartist, emigrated to
See also:
America, settling in
See also:
Allegheny City, Pennsylvania . The raw Scots ladstarted
See also:
work at an early age as a bobbin-boy in a cotton factory, and a few years later was engaged as a telegraph clerk and operator . His capacity was perceived by Mr T . A . Scott of the Pennsylvania railway, who employed him as a secretary; and in 1859, when Scott became
See also:
vice-president of the
See also:
company. he made Carnegie superintendent of the western division of the
See also:
line . In this
See also:
post he was responsible for several improvements in the service; and when the
See also:
Civil War opened he accompanied Scott, then assistant secretary of war, to the front . The first
See also:
sources of the enormous
See also:
wealth he subsequently attained were his introduction of sleeping-cars for
See also:
railways, and his
See also:
purchase (1864) of Storey
See also:
Farm on Oil Creek, where a large profit was secured from the oil-wells . But this was only a preliminary to the success attending his development of the iron and steel
See also:
industries at Pittsburg . Foreseeing the extent to which the demand would grow in America for iron and steel, he started the
See also:
Keystone
See also:
Bridge
See also:
works, built the Edgar Thomson steel-
See also:
rail mill, bought out the
See also:
rival
See also:
Homestead steel works, and by 1888 had under his control an extensive plant served by tributary
See also:
coal and iron fields, a railway 425 M. long, and a line of lake steamships . As years went by, the various Carnegie companies represented in this industry prospered to such an extent that in 1901, when they were incorporated in the
See also:
United States Steel Corporation, a
See also:
trust organized by Mr J . Pierpont Morgan, and Mr Carnegie himself retired from business, he was bought out at a figure
See also:
equivalent to a capital of approximately £ I oo,00o,000 .

From this

time forward public attention was turned from the shrewd business capacity which had enabled him to accumulate such a fortune to the public-spirited way in which he devoted himself to utilizing it on philanthropic
See also:
objects . His views on social subjects, and the responsibilities which
See also:
great wealth involved, were already known in a
See also:
book entitled Triumphant Democracy, published in 1886, and in his Gospel of Wealth (1900) . He acquired Skibo Castle, in Sutherlandshire, Scotland, and made his home partly there and partly in New York; and he devoted his
See also:
life to the work of providing the capital for purposes of public
See also:
interest, and social and educational
See also:
advancement . Among these the provision of public
See also:
libraries in the United States and United
See also:
Kingdom (and similarly in other
See also:
English-speaking countries) was especially prominent, and " Carnegie libraries " gradually sprang up on all sides, his method being to build and equip, but only on condition that the
See also:
local authority provided site and maintenance, and thus to secure local interest and responsibility . By the end of 1908 he had distributed over £Io,000,000 for founding libraries alone . He gave £2,000,000 in 1901 to start the Carnegie Institute at Pittsburg, and the same amount (1902) to found the Carnegie Institution at Washington, and in both of these, and other, cases he added later to the
See also:
original endowment . In Scotland he gave £2,000,000 in 19ot to establish a trust for providing funds for assisting
See also:
education at the Scottish
See also:
universities, a benefaction which resulted in his being elected lord rector of St Andrews University . He was a large benefactor of the
See also:
Tuskegee Institute under Booker Washington for negro education . He also established large pension funds—in not for his former employes at Homestead, and in 1905 for American college professors . His benefactions in the shape of buildings and endowments for education and research are too numerous for detailed enumeration, and are noted in this work under the headings of the various localities . But mention must also be made of his founding of Carnegie Hero Fund commissions, in America (1904) and in the United Kingdom (1908), for the recognition of deeds of heroism; his contribution of £500,000 in 1903 for the erection of a Temple of Peace at The Hague, and of £150,000 for a Pan-American Palace in Washington as a home for the International Bureau of American republics . In all his ideas he was dominated by an intense belief in the future and influence of the English-speaking
See also:
people, in their democratic government and
See also:
alliance for the purpose of peace and the abolition of war, and in the progress of education on unsectarian lines .

He was a powerful supporter of the

See also:
movement for spelling reform, as a means of promoting the spread of the English language . Mr Carnegie married in 1887 and had one daughter . Among other publications by him were An American Four-in-hand in Britain (1883), Round the
See also:
World (1884), The
See also:
Empire of Business (1902), a Life of James Watt (1905) and Problems of To-day (1908) .

End of Article: ANDREW CARNEGIE (1837– )
[back]
CARNEGIE
[next]
CARNELIAN

Additional information and Comments

There are no comments yet for this article.
» Add information or comments to this article.
Please link directly to this article:
Highlight the code below, right click and select "copy." Paste it into a website, email, or other HTML document.