MAN OF THE YEAR....Andrew Carnegie!
"Patron Saint of Libraries"
Business/Industry of Success
How Was the Competition Treated?
Pros and Cons of the industry
- Carnegie's mills always remained the most productive in the world
- One of the richest men in the world
- Workers were not paid that much(unless the markets were good)
- Workers were never very safe
Money for Charity and Other Good Purposes?
Retirement did not take him out of the public sphere. Before his death he donated more than $350 million dollars to public foundations. Remembering the difficulty of finding suitable books as a youth, he helped build three thousand libraries. He built schools such as CARNEGIE-MELLON UNIVERSITY and gave his money for artistic pursuits such as CARNEGIE HALL in New York.
Andrew Carnegie was also dedicated to peace initiatives throughout the world because of his passionate hatred for war. Like Rockefeller, critics labeled him a robber baron who could have used his vast fortunes to increase the wages of his employees. Carnegie believed that such spending was wasteful and temporary, but foundations would last forever. Regardless, he helped build an empire that led the United States to world power status.