Out came a model from a green baize bag
Everybody's Encyclopedia · 1912 · p. 5
“He had not spoken a minute before, like a flash, the whole sage of the discovery burst upon me. ‘ Yes,’ I said, ‘this. is something which this continent must have.’ “Upon my return I laid it before Mr. Scott, — that it was one »f the inventions of the age. He remarked: ‘ You are enthusiastic, young man, but you may tell the inventor to “ome and Jet me see it.’ I did so, and irrangements were made to build two trial ears, and run them on the Penneylvania railroad. I was offered an interest_in the venture, which, of course, I gladly accepted. “The notice came that my share of the first payment was Pee far beyand my means as if it had been millions. I was earning $50 per montb, however, and had,rospects, or at least I always felt that I had. I decided to call on the local banker, and boldly ask him to advance the sum upon my interest in the affair. He put his hand on my shoulder and said: ‘ Why, of course, Andie, you are all right. Go ahead! MHere is the money.’.... ‘The cars paid the subsequent payments from their earnings. I paid my first note from my savings, so much per month, and thus did I get my foot upon fortune’s ladder. t is easy to climb after that. And thus came sleeping-cars into the world.” But the man had not yet struck his true vocation. That came presently, when his attention was drawn to the wooden bridges universally used at that time. The Pennsylvania road was experimenting with a cast-iron bridge. Andrew Carnegie went out and formed a company to build iron bridges. He had to raise $1,250, but he had behind him the confidence of a Pittsburg banker, and this proved easy. From this time on the name of Andrew Carnegie is inseparably a ociated with that astonishing development of American iron and steel, which is among the modern wonders of the world. The Keystone Company built the first great bridge over the Ohio river; and the Union Iron Mills appeared in a few years as the natural outgrowth of this ramifying industry. Then, in 1868, Carnegie went to England. The Be emer proce of making steel rails had lately been perfected. he English railways were replacing their iron rails with steel ones as rapidly as po ible. The English manufacturers were beginning to al per to each other that they had a firm grip of a gigantic revolutionizing idea. ‘The young Scotch man went. back to Pittsburg, and before the English men were well aware of his existence he laid the foundation of the steel works which have now finally beaten them at their own game. | The iron-master was now fairly launched on his life work. He bought up the Homestead works, his most formidable rival, and by 1888 he controlled seven huge plants, all within five miles of Pittsburg, which he proceeded to forge and amalgam até into a steel-armored giant, called the Carnegie Steel Company. Next to his fame as the “Steel King,” Carnegie is undoubtedly most widely known through his remarkable list of public benefactions in the shape of libraries, museums, and other worthy public objects, the total amount of which was estimated in 1910 at over $150,000,000. His most noteworthy gifts were $30,000,000 for public libraries in the United States; $16,- 000,000 for the Carnegie Institute in Pittsburg, Pa.; $15,000,000 for college profe ors’ pensions; $10,000,000 for the Carnegie Institute in Wash ington, in foreign countries; $10,000,- 000 for Scotch universities; $5,000,- 000 for a Hero Fund in the United States, $1,250,000 for one in Scotland, and $1,000,000 for one in France; $5,000,000 for Carnegie Steel Company’s employes; $5,000,000 for Dun ferm line (Scotland) endowment; $7,500,000 for Carnegie Technical Institute at Pittsburg; $1,750,000 for Temple of Peace at The Hague: $1,500,000 for the Allied Engineers’ Societies in New York; $750,000 for a building for the Bureau of American Republics in Washington, D. C.; $18,000,000 to colleges in the United States; $20,000,000 in miscellaneous gifts in the United States; and $2,- 00,000 in the same in Europe. He has published several books on busine and publi¢ affairs.; Carnegie Institution, an educational bedy incorporated Jan. 4, 1902, in Washington, D. C., by John Hay, Secretary of State; Edwin D. White, Justice of the Supreme Court; Daniel C. Gilman, ex-president of Johns Hopkins University; Charles D. Walcott, superintendent of the United States Geological Survey: Dr. John S. Billings, Director of the New York Public Library; and Carroll D. Wright,. United States Commi ioner of Labor. The aims of the university, as expre ed by the founder, are: (1) To increase the efficiency of the universities and other mstitutions of learning throughout the country by utilizing and adding to their existing facilities, and by aiding teachers in the various institutions for the experimental and other work in these institutions as far as may be advisable. (2) To discover the exceptional man in every department of study, whenever and wherever found to enable him by financial aid to make the work for which he seems especially designed his life work. (3) To promote original research, paying great attention thereto as being one of the chief purposes of this institution. (4) To increase the facilities for higher education. (5) To enable such students as “ may find Washington the best point for their special studies to avail themselves of such advantages as may be open to them in the museums, libraries, laboratories, observatory, meteorological, piscicultural, and forestry schools and kindred institutions of the several departments of the government. (6) To insure the prompt publication and distribution of the results _ of scientific investigation, a field considered to be highly important. The board of trustees elected by the eorporators of the institution was as follows: The President of the United States (ex-officio), the President of the United States Senate, the Speaker of the House of Representatives, the Secretary of the Smithsonian Institution, the President of the National Academy of Sciences, and Grover Cleveland (New Jersey), John 8. Billings (New York), William N. Frew Gilman (Maryland), John Hay (District of Columbia), Abram 8S. Hewitt (New Jersey), Henry L. Higginson (Ma achusetts), Henry Hitcheock (Mi ouri), Charles Lindsay (Kentucky), Seth Low (New York), Root (New York), John C, Spooner White (New York), Kdward D. White Waleott (District of Columbia), and Carroll D. Wright (District of Columbia). The trustees a embled in Washington on Jan. 29, 1902, received from Mr. Carnegie the deed of gift of $10,- 000,000, and elected Daniel ‘C. Gilman, LL. D., president of the Institution.
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