The Age of Big Business: A Chronicle of the Captains of IndustryHendrick, Burton Jesse
History
The Age of Big Business: A Chronicle of the Captains of Industry
Hendrick, Burton Jesse
Big business -- United States -- History; Industries -- United States -- History
Books have been written to discredit Carnegie's work and to picture him
as the man who has stolen success from the labor of greater men.
Yet Carnegie is the one member of a brilliant company who had
the indispensable quality of genius. He had none of the plodding,
painstaking qualities of a Rockefeller; he had the fire, the
restlessness, the keen relish for adventure, and the imagination that
leaped far in advance of his competitors which we find so conspicuous in
the older Vanderbilt. Carnegie showed these qualities from his earliest
days. Driven as a child from his Scottish home by hunger, never having
gone to school after twelve, he found himself, at the age of thirteen,
living in a miserable hut in Allegheny, earning a dollar and twenty
cents a week as bobbin-boy in a cotton mill, while his mother augmented
the family income by taking in washing. Half a dozen years later Thomas
Scott, President of the Pennsylvania Railroad, made Carnegie his
private secretary. How well the young man used his opportunities in this
occupation appeared afterward when he turned his wide acquaintanceship
among railroad men to practical use in the steel business. It was this
personal adaptability, indeed, that explains Carnegie's success. In the
narrow, methodical sense he was not a business man at all; he knew and
cared nothing for its dull routine and its labyrinthine details. As
a practical steel man his position is a negligible one. Though he was
profoundly impressed by his first sight of a Bessemer converter, he had
little interest in the every-day process of making steel. He had also
many personal weaknesses: his egotism was marked, he loved applause,
he was always seeking opportunities for self-exploitation, and he even
aspired to fame as an author and philosopher. The staid business men of
Pittsburgh early regarded Carnegie with disfavor; his daring impressed
them as rashness and his bold adventures as the plunging of the
speculator. Yet in all its aspects Carnegie's triumph was a personal
one. He was perhaps the greatest commercial traveler this country has
ever known. While his more methodical associates plodded along making
steel, Carnegie went out upon the highway, bringing in orders by the
millions. He showed this same personal quality in the organization
of his force. As a young man, entirely new to the steel industry, he
selected as the first manager of his works Captain Bill Jones; his
amazing judgment was justified when Jones developed into America's
greatest practical genius in making steel. "Here lies the man"--Carnegie
once suggested this line for his epitaph--"who knew how to get around
him men who were cleverer than himself." Carnegie inspired these
men with his own energy and restlessness; the spirit of the whole
establishment automatically became that of the pushing spirit of its
head. This little giant became the most remorseless pace-maker in the
steel regions. However astounding might be the results obtained by the
Public-domain text, read in full here on John Shaqi.
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