Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA)

 - Class of 1906

Page 22 of 206

 

Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA) online collection, 1906 Edition, Page 22 of 206
Page 22 of 206



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Page 22 text:

following words at the close of an address before an English audience.- Let men say what they will, therefore. I say that as surely as the sun in the heavens once shone upon Britain and America united, so surely is it one morning to rise, shine upon, and greet again, ‘The Re-United States.' ‘The British American Union.’ His home at Skilx Castle, in the northern part of Scotland, is beautifully situated on a large estate in a district teeming with legends and traditions of early Scottish history. Besides the finest golf links in the country and splendid opportunities for yachting. Mr. Carnegie has access to as good shooting and fishing as arc to l e found in Scotland. Is it at all surprising that he should prefer this to life in New York? Strenuous as has been Mr. Carnegie’s business life he found some time to devote to literature. Besides the work already mentioned he is author of Around the World,” An American Four-in-1 land in Britain. The (ios-j)cl of Wealth. and other Itooks. all of which have been read with interest. He is a forcible sjjeaker anil does considerable reading, his favorite authors being Shakesj care and Burns. An eminent English biographer, in summing up his life has said: “Without any previous training for the position. Mr. Carnegie may be said to have leaped almost at a single bound from obscurity to eminence— front poverty to fortune.” 18

Page 21 text:

promptness with which he took advantage of it arc very marked even in his earliest investments. He never speculated. l ie never put his money into an enterprise with which he was not acquainted. Mr. Carnegie took some part in the early development of the oil industry. His attention, however, was soon attracted in another direction. About tliis time the railroads began experimenting with iron bridges. With his accustomed farsightedness Mr. Carnegie saw here an open field awaiting development, and consequently formed a syndicate and started the Keystone 1'.ridge Works. His next step, and the one which made him the undisputed head of the steel industry in America, was the manufacturing of steel rails to replace the iron ones which had been used up to this time. The plant known as the Kdgar Thompson Steel Works was erected for this purpose. Front these foundations Mr. Carnegie gradually built up what is now the leading industry in the manufacturing world. The company which lie organized for this purjH»se was destined to become the leading member in the largest industrial combination in the world. Throughout Mr. Carnegie's successful business career it was his wish and intention to retire from business Ik-fore he should Ik. comi e!!cd to do so on account of old age. He wished to spend the later years of his life superintending the distribution of the wealth he had l ccn accumulating. Evidences of the fulfilment of this desire may Ik seen everywhere. No man has ever used his wealth so exclusively and judiciously in the interest of his fellowmen as has Mr. Carnegie. In accordance with his desire to retire early from business, when the formation of the United States Steel Corporation afforded him an opportunity to dispose of his extensive interests, he gladly handed over to others the active management of his affairs, and was free from business cares for the first time in many years. lie was now at liberty to return to his native land. or. if he chose, to remain in his adopted home. Since both countries had some claim u|X n him and since he had lasting ties in cither place, his friends were interested to know where lie would make his future home. He hail formed many intimate and lasting friendships during his business career in America, while, on the other hand, many must have been the pleasant memories clustering around the scenes of his boyhood days in Scotland. Mr. Carnegie solved the problem by a compromise. He has a residence in Scotland, where he spends a jxirt of each year, but his home is in New York, on Fifth Avenue. Hy thus living among and keeping in touch with both nations he will hasten the fulfilment of his prophecy in regard to the political project that has always been very dear to him, the sentiment of which lie expressed in the 17

Suggestions in the Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA) collection:

Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA) online collection, 1907 Edition, Page 1

1907

Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA) online collection, 1908 Edition, Page 1

1908

Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA) online collection, 1909 Edition, Page 1

1909

Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA) online collection, 1910 Edition, Page 1

1910

Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA) online collection, 1911 Edition, Page 1

1911

Carnegie Mellon University - Thistle Yearbook (Pittsburgh, PA) online collection, 1912 Edition, Page 1

1912


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