FREE BOOKS

Author's List




PREV.   NEXT  
|<   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168  
169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   >>   >|  
Millionaires who laugh are rare. My experience is that wealth is apt to take the smiles away." But we are getting ahead of our story. That small increase in salary meant a good deal to the little family, whose father was working from dawn to dark in the cotton-mill, and whose mother was contributing what she could to the family earnings by binding shoes in the intervals of housework. Meantime the superintendent of the company for which the boy was working happened to meet him while visiting the Pittsburgh office, and it was discovered that both of them had been born near the same town in Scotland. The fact may have had something to do with the boy's subsequent promotion, and it is worth noting that forty years later, he was able to secure for his old employer the United States consulship to the town of their birth. But for the time being, he was busy with his work as messenger-boy. He soon learned the Morse alphabet and practised making the signals early in the morning before the operators arrived. He was soon able to send and receive messages by means of the Morse register--a steel pen which embossed the dots and dashes of the message on a narrow strip of paper. But young Carnegie soon progressed a step beyond this, and was soon able to read the messages by sound, without need of the register. It was, of course, only a short time after that when he was regularly installed as operator. He was not to remain long in the telegraph business, however, for Thomas A. Scott, superintendent of the Pittsburgh division of the Pennsylvania Railroad, offered him a position at a salary of $35 a month. Carnegie promptly accepted, and on February 1, 1853, at the age of seventeen, entered the employ of the road. His promotion was rapid, and he rose to be superintendent of the Pittsburgh division before the success of his other ventures caused him to resign from the service. These ventures were, in the first place, investment in the newly-developed oil-fields of Pennsylvania, which yielded a great profit, and afterwards the establishment of a steel rolling-mill, in the development of which he found his true vocation, building up the most complete system of iron and steel industries ever controlled by an individual. Some idea of the value of the business may be gained from the fact that, when the United States Steel Corporation was organized in 1901 to take over Mr. Carnegie's interests he received for them, first mortgage bonds to the
PREV.   NEXT  
|<   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168  
169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   >>   >|  



Top keywords:

Carnegie

 

Pittsburgh

 
superintendent
 

Pennsylvania

 

States

 

promotion

 

United

 

ventures

 

division

 
salary

family

 
register
 
messages
 
business
 
working
 

February

 

Thomas

 

entered

 

seventeen

 

accepted


remain

 

telegraph

 

Railroad

 

position

 

installed

 

offered

 

operator

 

promptly

 
regularly
 

service


controlled

 

individual

 

industries

 

building

 
complete
 
system
 

interests

 
received
 
mortgage
 

gained


Corporation
 
organized
 

vocation

 

resign

 

caused

 

success

 

investment

 

establishment

 

rolling

 

development