Andrew Carnegie November 25, 1835 - August 11, 1919) was a Scottish-American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He is often identified as one of the richest people in history, alongside John D. Rockefeller and Jakob Fugger.[5] He built a leadership role as a philanthropist for the United States and the British Empire. During the last 18 years of his life, he gave away to charities, foundations, and universities about $350 million[6] (in 2015 share of GDP, $78.6 billion) - almost 90 percent of his fortune. His 1889 article proclaiming "The Gospel of Wealth" called on the rich to use their wealth to improve society, and it stimulated a wave of philanthropy. Carnegie was born in Dunfermline, Scotland, and emigrated to the United States with his very poor parents in 1848. Carnegie started work as a telegrapher and by the 1860s had investments in railroads, railroad sleeping cars, bridges and oil derricks. He accumulated further wealth as a bond salesman raising money for American enterprise in Europe. He built Pittsburgh's Carnegie Steel Company, which he sold to J.P. Morgan in 1901 for $480 million[6] (2015 per share of GDP, $370 billion), creating the U.S. Steel Corporation. Carnegie devoted the remainder of his life to large-scale philanthropy, with special emphasis on local libraries, world peace, education and scientific research. With the fortune he made from business, he built Carnegie Hall and he founded the Carnegie Corporation of New York,
Excerpt from Triumphant Democracy: Or Fifty Years' March of the Republic I have been deeply indebted in the preparation of this edition to Professor Hamlin, Of Columbia College, and Mr. E. IV. Morse, who have contributed data and ...
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
Triumphant Democracy and the British-American Relationship A. S. Eisenstadt. unseemly connection. ... The book's subtitle is Fifty Years' March of the Republic, and Carnegie was exactly fifty years old when the book appeared.
Triumphant Democracy: Or, Fifty Years' March of the Republic
Triumphant Democracy was a celebration of the 'fifty years march of the Republic', to quote the subtitle. ... than a true Briton, a real chip off the old block, a new edition of the original work, and, as is the manner of new editions, ...