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Andrew
Carnegie
Businessman
and Philanthropist
1835-1919
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Andrew Carnegie was born
in Dunfermline, Fife, in 1835. His family were poor, but had a strong
desire for self-improvement through education. Despite his poverty, Carnegie's
Grandfather - Thomas Morrison - had a great skill for the written word,
and regularly contributed to newspapers and political pamphlets alongside much
wealthier members of society.
His uncle taught Andrew about
Scottish heroes, such as William Wallace and Robert the Bruce, and
also proclaimed the virtues of democracy. He was able to memorise many of the
works of Robert Burns, and was deeply affected by the poet's views on
democracy.
Carnegie's father - William - was
a Radical and, coupled with the industrialisation going on at the time, he found
it difficult to keep working with his Hand Loom.
In 1848, when Andrew was just 13,
the family emigrated to the USA. They sold their possessions and borrowed money
to fund the trip between Glasgow and New York.
Settling in Pennsylvania, Andrew
took a job in the same Cotton Factory as his father - working for $1.20 a
week.
Carnegie's desire for learning
was fueled by the help of Colonel James Anderson, who allowed working
boys access to his library of 400 books once a week. Andrew was the most
frequent borrower.
At 16 years old, Carnegie got a
job for in a telegraph company earning $2.50, delivering and collecting messages
for the Ohio Telegraph Company. He taught himself morse-code, and in 1853
he was given a job as a Telegraph operator for the Pennsylvania Railroad
Company. The pay - four dollars a week - was a fortune for the 18 year old.
Once in the railroad company, he
rapidly progressed through his hard work and willingness to learn. He stayed
with the company until the start of the American Civil War.
His first great invention was
with the development of the Sleeping Car. This allowed passengers to stay
on the train for long journeys, rather than having to depart in the evenings and
stay in hotels. This sped up travel times, and made Carnegie and the Inventor a
small fortune.
From this, Andrew Carnegie was
able to begin to make a number of wise investments.
Given his investments in the
railroad industry, the war provided a boost in industrial expenditure - and
Carnegie's wealth blossomed.
Eventually, he decided to consolidate
his investments into one massive project that he could divert all of this
energies. He put his money into Steel, and introduced new manufacturing
methods. This decision was to set the US on the course of industrial supremacy.
It was not until relatively late
in his life that Carnegie began what he is now famous for - his Philanthropy.
From the year 1901, he diverted his attentions away from Steel and into other
projects.
His books - Triumphant
Democracy and the Gospel of Wealth - had demonstrated his belief that
those that have the power to collect vast sums of wealth also have a duty to
spend it in socially constructive ways.
He did not believe in giving
money away for the sake of it, and warned against any giving that would not help
people progress from the situation they were in.
He was particularly interested in
funding libraries - in return for the library that inspired him as a young man.
He founded thousands of public libraries around the World, the first
being in his birthplace of Dunfermline.
His most famous ventures include
the Carnegie Hall in New York, the Peace Palace at the Hague and
the Carnegie Institute of Technology (Now Carnegie Mellon University).
By the time he died in 1919, he
had still not given away all of his money. In his will, he ensured that the
money would be given to causes he considered worthy, and many are still
operating to this day.
Born into poverty, and at under
five foot three in height, Andrew Carnegie had grown to become the richest man
on the planet - then used his wealth to enrich the World, and leave a legacy
that millions of people still benefit from today.
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