"There was no use to which money could be applied so productive of good to boys
and girls who have good within them and ability and ambition to develop it, as the
founding of a public library." (40) Carnegie, through his own experience of rising
from the very bottom to the top truly believed in the American Dream, the 'rags to
riches' mentality. He believed that anyone, given adequate resources and a thirst
for knowledge could become as successful as he did. This, of course is an
impossibility but it showed Carnegie's persistent optimism that carried him
throughout his life. He never gave up on his dream, and then at the end of his life,
made it possible so that others could follow in his footsteps and realize that even
someone of the working class could break out of the entrenched social order to
make aname for themselves.
"Pittencrief Glen is the most soul-satisfying public gift [Carnegie] ever made, or ever
can make." (240) Carnegie decided to help out his home village, in Scotland. He bought
Pittencrief Glen, which for years had been falling apart, even since the English
occupied Scotland years before, and handed it over to a board of trustees with a
sizable budget. He let the people of Scotland help themselves out by allowing them to
choose what they wanted for this park, rather than imposing his own will upon the
people. Carnegie thought it incredible that he could give back to the place where he
grew up in such a fantastic fashion after he had left with absolutely nothing.
"It was inevitable that [Carnegie] should live up to [the Gospel of
Wealth's] teachings by ceasing to struggle for more wealth. [Carnegie]
resolved to stop accumulating and begin the infinitely more serious
and difficult task of wise distribution." (211) Carnegie wrote the
"Gospel of Wealth" which essentially embodied the modern day
"trickle-down economics," or how in theory they are supposed to
work. Carnegie believed that it was the duty of the wealthy to give
back to their community by helping the poor help themselves.
Carnegie donated massive amounts of money to organizations
throughout the country to enhance culture and learning among all.
He was driven to make amends for his failure to prevent the
Homestead Strike years before.
The Magnate
"Nothing [Carnegie] have ever had to meet in all [his] life,
before or since, wounded [him] so deeply. No pangs remain of
any wound received in [his] business career save that of
Homestead." (191) This was a pivotal point in the business
career of Carnegie. He suffered from poor health and took
summers in Scotland. The Homestead Strike occurred during
such a summer. Carnegie was revamping his steel factory when
the workers decided to strike. Now Carnegie was known at the
time for having an unusual rapport with his workers. They loved
him and he was interested in them. Most employers at the time
treated their workers like dogs but Carnegie was different. His
partners were in charge at the time and they did not get along
with the strikers and soon the situation escalated so that the
governor sent in the state militia to stamp out the strike, killing
many of Carnegie's workers. Carnegie's reputation as being a
man of people was destroyed after this event. He came (cont.
next node)
from nothing and wanted his workers to know that he had not
forgotten that he was once in their position. However this
carefully cultivated position was lost after the strike and
Carnegie was personally very wounded. Carnegie would be
burdened with the guilt from this atrocity for the rest of his life
and would always look for ways to revamp his image in the
minds of the populace.
"Recall the familiar saying of a Western friend, never to go in where [a person] couldn't wade...Regard for this
rule has kept not only myself but my partners out of trouble." (145) Carnegie's former boss and one of his
closest friends, Mr. Scott asked for Carnegie to invest in a railroad venture that was occurring in Texas, along
with many other influential industrial titans. Carnegie only invested for stocks that he could pay for up front,
while others were loaned money to invest in the new company which they assumed would pay out high
dividends so they could pay off their loans. However disaster struck and the company soon went under.
Carnegie may have been able to save the company from going under as he was friends with their banker (JP
Morgan) however he saw the venture as dangerous and let it die, along with the fortunes of many of his
friends, including Mr. Scott. Carnegie was looking out for himself without regard for how Scott may have
treated him in (cont next node)
the past, or what it would do to him in the future. It showed the cutthroat mentality Carnegie had developed through
his business dealings.
"[Carnegie] was determined to make a fortune and [he] saw no means of doing this honestly at any salary the railroad would
give and would not do it by indirection." (116) Carnegie was about to embark upon his quest to fulfill his lifelong dream of
becoming wealthy. His private business enterprises had grown to such a proportion that he could no longer do the job at the
railroad to his abilities, so he quit. This represents a sharp diverging path for Carnegie as he had worked for the railroad ever
since coming to America. However he stayed true to his original dream of becoming prosperous and powerful, so he delved
into his own business, which included lots of investment (none speculative) in the manufacturing industry. This eventually led
to the creation of his steel conglomerate. US Steel, which was by far the largest steel producer in the nation making Carnegie
one of the richest men. This was extraordinarily remarkable as he had come from nothing.
Early Influences
"With introduction and improvement of steam machinery trade grew worse and worse...for the
small manufacturers and at last a letter was written to [Carnegie's] mother's two sisters in
Pittsburgh stating the idea of [the family] going to them was seriously entertained...for the sake of
[Carnegie's parents] two young sons." (20) In the beginning of his life Carnegie faced extreme
poverty. The Scottish economy was suffering and with England becoming such a powerful industrial
nation (as during this time industrialization was sweeping the world) small businesses for weavers
were suffering. This was the trade that Carnegie's father practiced. This was important as it gave
Carnegie an appreciation for how powerful the growing industry of the world was and shaped his
desire to become someone who can provide for his family and not have to have them move
depending upon the whims of the economy.
"And...in 1850 [Carnegie] got [his] first real start in life. From the dark cellar running a steam-engine at two dollars a week, begrimed
with coal dirt, without a trace of the elevating influences of life, [Carnegie] was lifted paradise, yes, heaven, as it seemed to
[him]...there was scarcely a minute in which [he] could not learn something or find out how much there was to learn and how little
[he] knew. (33) Once moving to America Carnegie quickly gained employment, even at just two dollars a week. It greatly
helped his family and fueled Carnegie's desire for learning and for knowledge. He was quick- witted and always wanted to
better himself to advance in life. The man who hired Carnegie for this first job also opened one of the first libraries in
Pittsburgh. He allowed all of his employees free access and they could check out one book a week, unheard of for the lower
classes at this time. Carnegie thrived upon this opportunity (cont. on next node)
and he was able to learn much from reading and this also fueled his passion to rise up from his lowest of the low social class. Being able to help
support his family as well as having this library available made this a tailor fit first job for Carnegie. The opportunity
"Death to privilege" (9) From an early age Carnegie developed into a person who resented those who
were born into positions of prestige and did not work to gain respect or power. This was because
Carnegie was raised in Scotland during a time where the upper English classes held a ridiculous
amount of power over the Scots, who they did not let govern themselves. This helped fuel Carnegie's
belief that people should not be born into wealth but rather work to earn it.
Shaping the Well- Known Man
"[Carnegie] insisted upon such a system of weighing and accounting
being introduced throughout [the ironworks] as would enable [the
manufacturers] to know what the cost was for each process and
especially what each man was doing, who saved material, who wasted it
and who produced the best results." (111) Carnegie developed other
business interests while he was still employed at the Pennsylvania
Railroad Company, where he took multiple leadership positions. However
with these outside business interests Carnegie began to amass a greater
and greater amount of wealth, something that he had dreamed of since
he was an impoverished child new to the streets of America. He was an
innovator that constantly brought new ideas to grow his business
interests to make his company with a streamlined process.
"Slight attentions or a kind word to the humble often bring back reward as great as it is unlooked for. No kind action is ever
lost." (73) Carnegie had been promoted again and followed Mr. Scott out of Pittsburgh to PA Railroad headquarters in
Altoona. One night Carnegie was warned of an impending strike by a common blacksmith that while working in Pittsburgh
Carnegie helped secure a job for in Altoona for no benefit of his own. Not long before Carnegie was much like the
blacksmith, a menial worker. He did not forget where he had come from and helped out the blacksmith. This was greatly to
Carnegie's benefit because he was able to preemptively break the strike and negotiate with workers before the company
lost any profits from lack of work. This helped firmly cement the value that Carnegie had to the Pennsylvania Railroad.
"[Carnegie] could not resist the temptation to plunge in, take the responsibility give "train orders," and set matters
going...perhaps criminal punishment..if [Carnegie] failed." (60) Ever since obtaining his first job Carnegie steadily rose in the
ranks of the Pennsylvania Railroad Company. He eventually rose to assistant telegraph officer, which was unusual because
telegraphing was a very precise and difficult job. Carnegie had seen the telegraph officer coordinate trains when some
crashed before, so when the situation arose where his boss, Mr. Scott was out of the office and an accident occurred Carnegie
seized the initiative to prove himself as a worthy asset to the railroad. This worked out well for Carnegie as he followed
procedure precisely and eventually took over on all railroad crashed making him an invaluable asset to his boss, which boded
well for his future with the company.