Andrew Carnegie Biography

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Issue:

American History

 

Written by:

Anonymous

 

Date added:

April 3, 2016

 

Level:

College

 

Grade:

B

 

No of pages / words:

1 / 233

 

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9133 times

 

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Three years after arriving in America, the he began writing about the great virtues of American democracy while criticising feudal British institutions. At the same time, he followed in his father's footsteps and wrote letters to newspapers including the New York Tribune on subjects like slavery or British government...
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Carnegie's growing wealth enabled him to profit from the depression of the 1890s. When others faced bankruptcy, he managed to gobble up steel production facilities. By 1900, he controlled about one-fourth of the nation's steel output. In 1901, J.P. Morgan bought all of Carnegie's steel holdings for the $500 million...
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