Andrew Carnegie The King of Steel
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Transcript of Andrew Carnegie The King of Steel
Pittsburgh, Pennsylvania
”You cannot push anyone up the ladder unless he is willing to climb”
Dedicated to Raissa and Priscilla
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In the start up of the 20th Century for the first
time America had its place on the world stage
The Country has become a land of opportunity as
millions of people began flooding in from all around
world
Drawn by stories of men who have risen from
meager beginnings to build Empires
One of those men being…
a Diego Bonilla production
1835-1919
Andrew CarnegieThe King Of Steel
When arriving to America from
Scotland, at the mere age of 13, Andrew began
working as a bobbin boy. His duty was to
change spools of thread inside a
local cotton mill. He did this for 12
hours a day, 6 days a week.
Tom Scott and Andrew Carnegie After Leaving the Cotton mill Andrew then took a job at the Pennsylvania
Railroad in 1853. He worked as the assistant
and telegrapher to Thomas Scott, one of the
railroad's top officials. Tom saw many of his own
attributes in Young Carnegie so he started to
mentor him and teach him the art of
entrepreneurism
Through this experience, he learned from Scott about the railroad industry and
about business in general. Three years later, Carnegie was
promoted to superintendent of the Pennsylvania Railroad
in 1859. Were he would go on and started
investing
Carnegie Steel Company was formed
Carnegie constructed his first steel mill in the mid-1870s: the profitable Edgar Thomson Steel
Works in Braddock, Pennsylvania
`
The Risk By the next decade,
most of Carnegie's time was dedicated to the steel industry. His
business, which became known as the
Carnegie Steel Company,
revolutionized steel production in the
United States
That Changed America
• Carnegie Started to build plants around the country,
• Using technology and methods that made manufacturing steel easier, faster and more productive.
• American city Skylines began to Transform reaching new heights never thought possible
• This was a Time period were America wasn’t only expanding western
• But also Up
West
UP
Was being built on Carnegie’s steelAmerica
This start-to-finish strategy helped Carnegie
become the dominant force in the industry and an exceedingly wealthy man. It also made him
known as one of America's "builders"as his business
helped to fuel the economy and shape the
nation into what it is today. By 1889, Carnegie Steel Corporation was the largest of its kind in the
world.
TheMuckrakers
Homestead Strike of 1892Some felt that the company's success came at the expense of its workers. The most notable case of this came in 1892. When the
company tried to lower wages at a Carnegie Steel plant in Homestead, During this time Carnegie had Given power to Henry
Frick to take care of domestic issues in Pennsylvania, the employees objected. They refused to work, starting what has been called the Homestead Strike of 1892. The conflict between the workers and
local managers turned violent after Frick called in the Pinkertons to break up the union. While Carnegie was away at the time of strike,
many still held him accountable for his managers' actions
CARNEGIE HALL .
New York, New York In 1901, Carnegie made a dramatic
change in his life. He sold his business to the United States Steel Corporation, started by legendary financier J.P. Morgan. The sale earned him more than $200 million. At the age of 65, Carnegie decided to spend the rest of his days helping others. While he had begun his philanthropic work years earlier by building libraries and making
donations, Carnegie expanded his efforts in the early 20th century.
• Donated approximately $5 million to the New York Public Library so that the library could open several branches in 1901
• Devoted to learning, he established the Carnegie Institute of Technology in Pittsburgh, which is now known as Carnegie-Mellon University in 1904.
• He created the Carnegie Foundation for the Advancement of Teaching in 1905.
• With his strong interest to peace, he formed the Carnegie Endowment for International Peace in 1910.
• He made numerous other donations, and it is said that more than 2,800 libraries were opened with his support.
DONATIONS
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