Andrew Carnegie: The Man, The Legend

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Term Paper Title	Andrew Carnegie: The Man, The Legend
# of Words	1032
# of Pages (250 words per page double spaced)	4.13

Andrew Carnegie: The man, the legend

     In the late 1800's through to the 1920's, , the name Andrew Carnegie was synonymous with one
word and one word only.  That word was wealth.  The scottish born Carnegie, whose family had
immigrated to the United States when he was 12, rose from rags to riches at a breakneck speed,
later to become the most influential steel magnate of his time.
     But who was Andrew Carnegie?  Some say that he was a money-driven egomaniac whose only love
was for cold, hard cash.  Others argue that Carnegie was a humanitarian, whose only desire was to
use his vast fortune to better the human race.
     Born in 1835, in the town of Dunfermline, Scotland, Andrew Carnegie was by no means well
off.  His father was a hand weaver, but with the introduction of power looms, Andrew's father was
driven out of business, and later, out of the country.  The Carnegie's immigrated to the United
States in 1847, when Andrew was only twelve.  Later on, they settled in the quaint municipality
of Alleghany City, Pennsilvania.
     Andrew's family struggled to survive, living in conditions bordering upon poverty for the
first few years of their new life as Americans.  To help his family survive, young Andrew took a
job at a cotton mill, getting paid sweatshop wages for a slave's work.  Soon after, Carnegie quit
his job at the cotton mill, and moved on the higher paying posistion of a telegraph messanger.
Success followed Andrew every step of the way.  Rising quickly in the telegraph company,
Carnegie became a telegraph officer at the ripe age of seventeen.  Three years later, at the age
of twenty, Andrew transferred his skills over to the Pennsylvania Railroad, where he worked as a
telegraph operator there.  Again rising quickly at his chosen place of business, Carnegie became
a railroad superintendant.
     Allthough having found a well-paying posistion, Andrew struggled to support his parents, who
had no full-time employment.  Andrew's father did odd jobs and repairs for neighbors and fellow
townsman, but that did not generate enough income for his family to survive upon.  His son was
the one who had to provide food for the family.  Allthough money was tight for the Carnegies,
Andrew managed to put aside some money and invest it into three different iron companies, and an
oil company as well.  During this period, Carnegie followed the stock market religously.  In
1865, after working for the railroad company for thirteen ye...

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