Andrew Carnegie "at Desk" Print Auction
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Andrew Carnegie "At Desk" Print
Andrew Carnegie "At Desk" Print
Item Details
Description
Andrew Carnegie was a Scottish-American industrialist, philanthropist, and business magnate who played a pivotal role in the growth of the American steel industry and the development of modern philanthropy. Here's an overview of his life and contributions:**Early Life:**1. **Birth:** Andrew Carnegie was born on November 25, 1835, in Dunfermline, Scotland.2. **Immigration to the United States:** His family immigrated to the United States when he was a child, settling in Allegheny, Pennsylvania. Carnegie's father worked as a handloom weaver.**Steel Industry and Business Success:**3. **Railroad Career:** Carnegie began his career as a bobbin boy in a cotton factory before working for the Pennsylvania Railroad Company, where he gained experience in the transportation and iron industries.4. **Investment in Steel:** Carnegie recognized the potential of the growing steel industry and invested in various ventures, including the Keystone Bridge Company and the Union Iron Mills.5. **Carnegie Steel Company:** He founded the Carnegie Steel Company, which became one of the largest and most profitable steel companies in the world. His company was known for innovations in steel production, including the utilization of the Bessemer process for mass steel production.6. **Vertical Integration:** Carnegie's success was partly due to his implementation of vertical integration, where his company controlled all aspects of steel production, from mining raw materials to manufacturing finished products.**Philanthropy:**7. **Wealth Accumulation:** Carnegie became one of the wealthiest individuals in the world due to the sale of Carnegie Steel to J.P. Morgan in 1901, which formed U.S. Steel. He sold his company for approximately 480 million.8. **Carnegie's Gospel of Wealth:** Andrew Carnegie believed in the "Gospel of Wealth," a philosophy that argued that the wealthy should use their fortunes to benefit society. He committed himself to philanthropy and donated vast sums of money to various causes.9. **Libraries:** Carnegie funded the construction of thousands of public libraries in the United States and around the world. These libraries were intended to provide educational opportunities to people of all backgrounds.10. **Educational Institutions:** He also donated to educational institutions, including the founding of Carnegie Mellon University in Pittsburgh.**Legacy:**11. **Cultural Impact:** Andrew Carnegie's contributions to philanthropy and education had a profound and lasting impact on American society. His funding of libraries, in particular, increased access to knowledge and learning for countless individuals.12. **Enduring Philanthropic Legacy:** The institutions and organizations he established or supported continue to thrive and carry on his philanthropic legacy.13. **Literary Works:** Carnegie wrote several books, including "The Gospel of Wealth," in which he articulated his beliefs about the responsibility of the wealthy to give back to society.14. **Later Life:** Andrew Carnegie died on August 11, 1919, in Lenox, Massachusetts, but his legacy endures through the lasting contributions he made to education, culture, and philanthropy.Andrew Carnegie's life is a testament to the power of entrepreneurship, innovation, and philanthropy to shape the course of history and benefit society. His dedication to improving access to education and knowledge remains a source of inspiration and impact to this day.
Measures 18 x 24.
Condition
Good condition. No major rips, tears, etc.
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  • 28%

Andrew Carnegie "At Desk" Print

Estimate $300 - $450
Starting Price

$130

Starting Price $130
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Item located in Egg Harbor Township, NJ, US
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Morgan Auctions

Morgan Auctions

Egg Harbor Township, NJ, United States678 Followers

Morgan Auctions End of May Sale

May 26, 2024 10:00 AM EDT|
Egg Harbor Township, NJ, USA
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