Andrew Carnegie And The Gospel Of Wealth

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Andrew Carnegie truly was the embodiment of the American Dream. Once a poor immigrant from Scotland, Carnegie became an industrialist who conquered the steel industry, and in doing so, became the richest man in the world. Despite his great efforts to obtain his wealth, by the end of his life he had donated about three hundred and twenty seven million dollars to philanthropic causes. This humanitarian side of Carnegie was reconciled with his belief in the Gospel of Wealth. One of the major ideas of this article is “The man who dies rich, dies disgraced” (Standiford 291). It was because of this belief that Carnegie donated much of his fortune by the end of his life. His fortune went to the endowment of many buildings including nearly three thousand libraries, …show more content…
When told to leave, the striker refused. As a result, Frick and and a sheriff’s deputy grabbed the striker and threw him into a nearby creek. Frick continued to throw everything that belonged to him into the creek. The Illustrated Weekly, a New York-based publication, wrote, “Mr. Frick is of a forceful, self-reliant nature, and in previous conflicts with labor organizations has shown a determination to carry his point at all hazards” (Standiford 77). Unlike Frick, Carnegie would negotiate with labor unions. When there was a strike in Homestead, one hundred twenty five strikebreakers were brought to break up two thousand strikers, which ended with the strikebreakers retreating. Once news of the tactics spread, workers at Edgar Thomson threatened a sympathy strike. Therefore, Carnegie reached a compromise with the Amalgamated Association of Iron and Steel Workers(AAISW) that said that no man could be hired or fired at Homestead without the approval of the union. However, this was by no means the last strike in Homestead. Because the contract only lasted three years, there was bound to be more conflict when it ended. Between 1889 and 1892, steel prices had decreased nearly nineteen percent