jdurmis

Andrew Carnegie  v  Birth/Death Date  o  November 25, 1835 – August 11 1919  v  Where he lived  o  Dunfermline, Scotland  o  Allegheny, Pennsylvania  o  Lenox Massachusetts  v  Childhood and Life  o  Son of hand loom weaver William T. Carnegie  o  Son of Margaret Morrison  o  Closest relatives were self educated tradesman  o  Grew up in poverty  o  Great influence was his uncle, George Lauder  §  Introduced young Carnegie to historical Scottsman such as; Robert the Bruce, William Wallace, and Rob Roy  o  Immigrated from Scotland to the United States in 1848 at age thirteen  o  As a young child he had a temper that was clearly apparent  o  Kids called him Gilt after a character from a popular novel of the time who was known for throwing intense fits. <span style="FONT-SIZE: 14pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  Did not go to school until 8 yrs. Old <span style="FONT-SIZE: 14pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  Had 5 yrs. of education in a class room of about 150 children until he emigrated in 1848. <span style="FONT-SIZE: 14pt; LINE-HEIGHT: 115%; FONT-FAMILY: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings"> v  How did he rise to wealth? <span style="FONT-SIZE: 14pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  After emigrating poverty forces him to work as a bobbin boy in a cotton factory for $1.20 a week <span style="FONT-SIZE: 12pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  Making opportunities for himself, working hard, and learning fast, he quickly rose, becoming successively a messenger boy, telegraph operator, secretary to one of the Pennsylvania Railroad's superintendents, and finally superintendent of the Pennsylvania Railroad's western division in Pittsburgh at age twenty-three in 1859. During the Civil War, Carnegie helped organize the repair of the rail system around Washington, DC and then organized the Telegraphers Corps. While still working for the railroad during the war, he organized a partnership to manufacture railroad bridges. <span style="FONT-SIZE: 14pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  1861 Andrew Carnegie forms the Freedom Iron Company and uses Bessemer’s furnace <span style="FONT-SIZE: 14pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  1872 On a visit to England, Carnegie visits Henry Bessemer’s steel plants <span style="FONT-SIZE: 14pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  1875 He opens the his first steel plant, The Edgar Thompson Works on the historic site of Braddock’s Field, on the banks of the Monongahela River, east of Pittsburgh, Pennsylvania <span style="FONT-SIZE: 12pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  1889 Carnegie publishes “The Gospel of Wealth”, a book that described the responsibility of [|philanthropy] by the new lower class of self-made rich. <span style="FONT-SIZE: 12pt; LINE-HEIGHT: 115%; FONT-FAMILY: 'Courier New'; mso-fareast-font-family: 'Courier New'"> o  1901 Carnegie sells to J.P. Morgan for $480 billion, a move which allows Morgan to create US steel <span style="FONT-SIZE: 12pt; LINE-HEIGHT: 115%; FONT-FAMILY: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings"> v  Robber Baron or Captain of Industry? Andrew Carnegie was a Captain of Industry. I believe that Carnegie was a Captain of Industry because during his career he gave away over 350 million dollars toward charities. I also believe that Carnegie was a Robber Baron because in order to become a Captain of Industry you have to start out as a Robber Baron. You have to do this so you learn the error of your ways.
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