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THINK AND GROW RICH - Commented Book

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CHAPTER

The Story of Andrew Carnegie

Andrew carnegie was born in scotland and came to america when he was just a boy. He became an early investor in the pullman company, which became the leading manufacture of railway cars. By 18 99, the caregie steel company controlled about 25 % of the iron and steel production in America. The smaller steel manufacturers couldn't compete with car Carnegie, so they went to j p. Morgan for help. A wide ranging alliance was put together of companies that were in the business of manufacturing products made from steel. Part of the deal was that they would not buy steel from car philanthropy. This is the end of the editor's comments, and the new york world te

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