Homestead : $b A complete history of the struggle of July, 1892, between the Carnegie-Steel Company, Limited, and the Amalgamated Association of Iron and Steel Workers — John Shaqi
Homestead : $b A complete history of the struggle of July, 1892, between the Carnegie-Steel Company, Limited, and the Amalgamated Association of Iron and Steel WorkersBurgoyne, Arthur Gordon
History
Homestead : $b A complete history of the struggle of July, 1892, between the Carnegie-Steel Company, Limited, and the Amalgamated Association of Iron and Steel Workers
Burgoyne, Arthur Gordon
Homestead Strike, Homestead, Pa., 1892
The details of Mr. Frick's early career may be recited in very few
words. He is the son of a farmer and was born at West Overton, Pa., in
1850. After gaining the rudiments of an education in the common schools
of Fayette County, he began business life as a dry goods clerk in Mount
Pleasant. Leaving the dry goods business he became book-keeper in his
grandfather's distillery at Bradford. He lived economically and with the
money which he saved out of his salary he embarked in the coke business
with A. O. Tintsman and Joseph Rist. Although barely 21 years old, he
was the senior partner of the firm, which began with an equipment of 300
acres of land and 50 ovens. The opening of the Mt. Pleasant and Broad
Ford railroad imparted new life to the coke trade about this period
and young Frick took advantage of the boom to add to his firm's plant.
The firm also built the Henry Clay works of one hundred ovens on the
Youghiogheny River near Broad Ford.
In 1876 Mr. Frick bought out his partners and continued the business on
his own account. In the following year a depression of trade placed the
lease of the Valley coke works at his disposal. The young operator put
Thomas Lynch in charge, and despite the dullness of the market, kept the
works going every day in the year.
In the fall of 1877 Mr. Frick took into partnership E. M. Ferguson, the
owner of a plant of 70 ovens, and the new firm operated as H. C. Frick &
Co. A year later the firm leased the Anchor works and the Mullen works
near Mt. Pleasant and admitted Walton Ferguson as a partner.
In 1879 the coke trade revived amazingly, prices advancing from a
maximum of $1.15 a ton to $4 and $5 a ton. The Frick Company continued
to extend its business until, in 1882, it controlled 3,000 acres of coal
land and 1,026 coke ovens. Meanwhile Mr. Frick organized the Morewood
Coke Company, limited, and built the Morewood works of 470 ovens,
the largest works in the region. Carnegie Bros. & Co., Limited, were
admitted into the firm in January, 1882.
The Frick corporation now pushed its operations with such vigor that, in
1890, according to a semi-official statement, it "owned and controlled
35,000 acres of coal land and 43 of the 80 plants in the region,
aggregating 10,046 ovens, three water plants with a pumping capacity
of 5,000,000 gallons daily, and 35 miles of railroad track and 1,200
railroad cars. 11,000 men were then employed by the company, and for the
equipment of its plants it had 23 locomotives, 72 pairs of stationary
engines, 172 steam boilers and 816 horses and mules."
Public-domain text, read in full here on John Shaqi.
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