Andrew Carnegie - Claire Thacker

Claire Thacker 

Mr. Roddy 

IHSS

12 April 2022 

Andrew Carnegie 

Andrew Carnegie was a Scottish-born American industrialist, born in 1835 and died in 1919. Carnegie made his fortune through the steel industry where he would become the dominant force. He was also a philanthropist, prior to making his fortune he gave away 350 million, after selling The Carnegie Steel Company to a banker John Pierpont Morgan for 480 million. 

Carnegie began his life working at a cotton factory as a bobbin boy earning $1.20 a week. Carnegie worked a number of jobs including being a messenger in a telegraph office, a secretary, and a telegraph operator. He would later become a superintendent for a railroad division. As the superintendent, he made a number of investments in different businesses including coal, iron, and oil companies. As Well as a manufacturer of railroad sleeping cars. The US railroad industry began to take off and Carnegie got more involved by founding an iron bridge-building company. 

Cengage founded his first steel company in Pittsburgh in the 1970s, he would then later create a steel empire. In 1892 his holdings were put together to create the Carnegie steel company. In 1892 union workers protested wage cuts, the general manager of the Carnegie steel company henry Clay frick locked the workers out of the plant in an attempt to break the union. 300 Pinkerton guard we called by frick to protect the plant. A battle broke out and 10 men were killed, the state militia came, the union leaders were arrested and replacements for the workers were hired. The labor movement in the area was damaged for the next few years. Carnage would later sell his company for 480 million dollars which made him one of the richest men in the world at the time.


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