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"andrew carnegie" Discussed on Progressive Talk 1350 AM

Progressive Talk 1350 AM

01:51 min | 2 months ago

"andrew carnegie" Discussed on Progressive Talk 1350 AM

"There are many more such institutions funded by Andrew Carnegie and as we mentioned in the casket Chadwick episode you've probably seen a building or a school or a library that he funded after he retired from business to pursue philanthropy as a second career Carnegie began writing his recollections of his youth and his rise to wealth from poverty in the forward to his autobiography which was published in nineteen twenty his wife Louise road of their time in Scotland when World War two broke out quote he delighted in going back to those early times and is he wrote he lived them all over again he was thus engaged in July nineteen fourteen when the war clouds begin to gather and when the fateful news of the fourth of August reached us we immediately left our retreat in the hills and return to Skibo to be more in touch with the situation these memoirs ended at that time the World War one was hugely upsetting to Andrew Carnegie he had been so focused on the idea of world peace but it was a jarring shock to see this conflict unfold Carnegie was willing to put his remaining fortune to work to try to end the war he would have offered Kaiser bill him the second massive sums of money to end the conflict but president teddy Roosevelt blocked that effort Andrew Carnegie never fully recovered from this failure and he's often described as having been heartbroken over the matter and his last several years of life Andrew Carnegie died in nineteen nineteen two months after the treaty of Versailles was signed he had distributed three hundred and fifty million dollars of his fortune and the rest was moved to the Carnegie corporate endowment and as he said throughout his life the man who dies rich dies in disgrace.

Andrew Carnegie Louise road Scotland Skibo Versailles Chadwick Kaiser president teddy Roosevelt
T-Mobile-Sprint merger gains Justice Department OK thanks to Dish

The Tech Guy

08:32 min | 1 year ago

T-Mobile-Sprint merger gains Justice Department OK thanks to Dish

"Think the big story of the week was the t. mobile sprint merger is mostly okay i'll say fully full speed ahead it's not a go yet but the f._c._c. <hes> said okay the department of justice us department of justice said okay now all that remains is some couple dozen states attorneys general who had been suing to prevent the merger saying oh man we need for cell phone companies i you know i kind of liked what the d._o._j. did i feel like i would bet that the attorneys general drop their suits if not this is is going to really drag out because the trials not till september could even be december because of these new information that might get the lay and this could go on and on what we have is one phone company sprint that's just dying just really struggling another company t mobile that has through better marketing i think in a and just clever strategy thanks to their c._e._o. john ledger and and others i guess <hes> put together a darn fine cell phone company and i'm a customer of course i'm a customer of all of them but i liked him mobile i think they've done a good job sprint recently got backing from japan's softbank that means at least have some money money t. mobile's backed by deutsche telekom the german telecommunications company but with the merger they will become a pretty much the same size as horizon a._t. and t. you know within a hair's breadth each other we'll have three very big it companies and of course the problem is when you're small you know when you have ten million customers you just do it everything again to get eleven million customers when you have one hundred million customers you just try to hold on let's just keep those customers and i'm quoting here a guy named charlie ergen chai i have a lot of respect for charlie ergen and interesting fellow who is a big part of this deal he doesn't work at t. mobile he doesn't work at sprint he was for a long time a professional poker player who was an analyst and <hes> for frito lay counting potato chips in nineteen eighty he actually was such a good poker player he was ben and blackjack was he was banned by some las vegas casinos said you can't you can't come here count our cards how dare you charlie sm- in other words it's smart guy and also go-getter right you know you gotta have some ambition mission to do that in nineteen eighty he <hes> he left his job at frito lay the tip of chip manufacturer got together with his buddy pulled together about sixty thousand dollars and <hes> <hes> his buddy his buddy i've also met met both of them <hes> jim di franco another poker player by the way they pooled their money sixty thousand dollars and and started a business selling the the ten ten foot satellite the satellite dishes in denver this is nineteen eighty eventually he built a company that sold the littler dishes the you know the hubcap sized dishes and took on cable tv create a little company you might know as dish the dish network twelve million customers he is now worth his sixty thousand dollar investment in nineteen eddie now worth nine billion dollars nine billion dollars so he's done all right he also owns echostar satellite company and <hes> he has been over the last decade collecting <hes> something that's very valuable almost as good as poker chips or gold he's been collecting wireless spectrum frequencies sometimes to the dismay of the federal communications nations commission and the other carriers because he's not using them he's sitting on him he's been a smart like a fox collecting these frequencies when t. mobile was told by the department of justice look this merger is not going to happen unless you somehow do something to create a fourth carrier you divest yourself of boost mobile your other your other <hes> little mobile companies and do something to make a big carrier metro p._c._s. yes so when that happened john ledger the c._e._o. of t. mobile place to call to charlie ergen the c._e._o. of dish said we should talk and that's how the dish became a big player in all of this in fact the f._c._c. is demanding that they start a fourth cellular company in the united states and they get it up and running fast but here's where charlie was smart he got all those frequencies some really juicy ones didn't do anything still hasn't done anything with them he was waiting he said why build a lt networker four g. network when you're just gonna have to scrap everything and build a five g. network a few years later he was waiting waiting for five g. the next generation of cell phone communications and you know sometimes it's better not to have existing infrastructure to start from scratch sometimes you get an advantage doing that so it's gonna be interesting testing he will be dish the new dish i don't know if they'll call it dish but i hope they don't because it's a terrible name it's fine if you have a satellite dish but it doesn't make any sense for his cell phone carrier we'll be <hes> one hundred percent five g. they're not i can do l. t. e. or three g or even old style phone service or text it'll be a self service company in that sense you know that you can use your cell phone with it but it will all be on the five g. network he this is he's all in in poker terms he's pushed his chips to the center of the table and said because it's going to cost him big ten billion dollars at least to roll out this network at least and you know how that is when they say numbers like like that you know it goes up this will initially use t. mobile's towers and so forth that was part of the deal to they will <hes> they're kind of start off that way charlie says dish can offer on demand pricing something to sell carriers don't charging less in the middle of the night he's gonna target businesses like auto makers who are putting sell connections in their cars right all the new cars they have sell connections they'll have five g connections charlie says we're going to get someplace in three years it took the other guys ten i think this is exciting and interesting and it could charlie's known man this guy's a character i was <hes> years ago i did he he has a show on dish called charlie chat met the guy went out to a studio in denver did charlie chen was was impressed by he's he's which call a maverick he's one of those guys and we are in a way blessed i think we're surrounded by interesting creative business types maybe in the you know the robber barons of the turn of the last century the john d rockefeller's the andrew carnegie's are kinda like that i'm thinking elon musk jeff bezos and now charlie ergen these guys who are willing to risk it all on a crazy idea to do something amazing ilan's risk plan besides tesla but he also has space x he wants to go to mars but the thing i think he's doing this the most interesting is his thing starlink they're going to launch more than ten i think twelve thousand satellites low-earth orbit satellites to provide high speed gigabit internet access to every square inch of the planet in five years wow it's kind of that's the kind of big thinking i think that could change the world i i think charlie has something like that in mind to fascinating to watch you know and it's his chips he's risking not ours

Department Of Justice Five G Sixty Thousand Dollars Nine Billion Dollars Sixty Thousand Dollar One Hundred Percent Ten Billion Dollars Ten Ten Foot Three Years Five Years Three G Four G
"andrew carnegie" Discussed on Stuff To Blow Your Mind

Stuff To Blow Your Mind

04:09 min | 1 year ago

"andrew carnegie" Discussed on Stuff To Blow Your Mind

"So they stay there in the cave and by being there they become an isolated population with these mating opportunities, and they can mate with one another and this counts as a form of natural selection, even though it consists of an adaptation to the environment sin Tirlian based on the loss of a physical capacity. So another way of looking at it as the species, they've thrived so long in, in this, this, this deep the environment that they, they no longer have the capability of thriving elsewhere right into their their, their obligate darkness dwellers now. But the, the fact that they're stuck down there in a way. It works out to their advantage, because that's their domain. Right. And the fishes that that come in that have site will just try to leave. So another thing is that I think there's a big problem with the phrase survival of the. Fittest, because it is historically associated with social darwinist ethics new, not follow from the science of evolutionary, biology, you know, and I hate when people make this comparison evolutionary, biology is a descriptive science. It's not a prescriptive philosophy. It tells you what happens in nature, and how species arise and why they possess the traits, they have it doesn't tell you how to live your life or what's a good way to arrange society. And I think unfortunately, there's like this historical class of sort of the, the cutthroat capitalist type, you know, Andrew Carnegie was a big subscriber of this guy. Herbert Spencer who coined the term survival of the fittest. And spencer. Of course, you know, he, he would go on to use the phrase in a very different context than what Darwin intended when he took a liking to it Darwin. Of course hoped it would remove any confusion caused about the metaphor of natural selection. Spencer took survival of the fittest to be more than a description of what happens. In nature. But something like a political credo. You know, he believed in Lhasa, fair economics, and minimal government, and believe the government should not intervene on behalf of the poor because it's against the laws of nature. This is not something that's implied by evolutionary, biology or by science. And it's it's a real abuse of the science to imply any connection there. Yeah. I could comes back to it's like the, the someone in an office place using survival of the fittest as like free license to be awful. Exactly. Yeah. Survival of the fittest. You know it's just science. That's why I can be a jerk. Yeah, but you ain't my yogurt that had my name. Right. I mean, I think so called social Darwinism is a quintessential example of the appeal to nature fallacy, the idea that because something would happen naturally, according to some natural principle, then therefore, we should make that thing happen. Or we should want that thing to happen. It's almost like believing that, you know, our knowledge about the science of gravity compels us. To push people off ledges. It just doesn't make any sense or based on previous episodes. We've done on cannibalism and the basically economics of cannibalism in a natural environment that we should have like cannibal Wednesdays here at the office human flashes, his devan because, hey, it happens in nature all the time aren't we apart of nature shouldn't? We have cannibalism Wednesdays. Yeah. Okay, two more really quick points. One more is that I think a problem with survival of the fittest. Is that it places emphasis on the individual in evolution rather than on other places like say, on the gene, you know, for decades, there have been all these arguments in biology about what level and makes most sense to talk about the selection of natural selection happening at, you know, is it favoring individuals like this, discreet blob of cells Jeffrey, the moose, Sir, Geoffrey, the oaktree that doesn't always make some sense, because in some organisms like the individual and its reproductive strategies or less, discreet concepts than say large. Mammals. And then there's a whole argument about whether or not it makes sense to say that groups of organisms can be selected on mass. We're not gonna do that debate today. One of the arguments that made Richard Dawkins famous was when, you know, in the seventies when he was advocating the idea that it's each individual, gene, or gene complex..

Herbert Spencer Richard Dawkins Andrew Carnegie Lhasa Jeffrey Geoffrey
Texas Board of Education votes to remove Hillary Clinton from history curriculum

KRLD Programming

00:28 sec | 1 year ago

Texas Board of Education votes to remove Hillary Clinton from history curriculum

"Nine degrees at three on Tom presto. Newsradio ten eighty KRLD of Fort Worth police officer who died early this morning is being hailed as a hero police chief Joe FitzGerald made the announcement just after midnight. I am even more dismay by the fact that I have to announce that twenty one hundred forty hours police officer carrot hall passed away. Officer Hall was shot in the head is he and

Hillary Clinton Officer Hall Texas Officer T Stadium Dak Prescott Newsradio Andrew Carnegie Helen Dallas Morning News Tom Presto Dallas Cowboys Texas Board Of Education AT Fort Worth Joe Fitzgerald Arlington Cowboys Scott Lenihan Events Coordinator
"andrew carnegie" Discussed on Historical Figures

Historical Figures

04:38 min | 1 year ago

"andrew carnegie" Discussed on Historical Figures

"Those who may suffer from accidents and provide small pensions for those needing help in old age. This was actually the first of its kind the influence of his father and all those that encouraged him during his lifetime pushed Andrew to create as many libraries as possible after creating a public library back in his hometown of done firm Lynn and one in allegany. He went on to create an entire public library system in Pittsburgh. Eventually, he helped to build nearly three thousand public libraries throughout the country. In addition to the Carnegie relief fund, he also created the Carnegie done firm Lynn trust. The Carnegie trust for the universities of Scotland and Manhattan's music hall, which we know today as Carnegie Hall, you may know of his most famous school now known as Carnegie Mellon University. It originally started as a trade school in nineteen hundred after Andrew donated a huge sum for the schools engineering program, it became Carnegie tech in nineteen to he founded the Carnegie institution to fund scientific research and established a pension fund for teachers with a ten million dollar donation. He'd made the transition from industrialised tycoon to a philanthropic madman, but his philanthropic efforts, though they were huge, might not have been his biggest achievement. Andrew was the first to call for a league of nations and later established the Carnegie Endowment for international peace in nineteen ten to hasten the abolition of war. He funded the building of the Hague palace of peace in the Netherlands, which now houses the world court. The court was created to end World War One award that deeply disturbed Andrew along time, pacifist during the last year of his life. Andrew was bedridden and plagued with influenza. He lived comfortably in a six storey block long mansion, but his health was fading fast. It was time to close an old wound before it was too late. Andrew summoned his longtime secretary, James bridge to give a message to Andrews former partner in crime. Henry Frick the two hadn't spoken in over twenty years in his message to Frick Andrew requested that the two of them in their old age air their grievances and make up for everything they done to each other freak wasn't buying it in fricks infamous words. He told bridge quote, yes, you can tell Carnegie, I'll meet him, tell him. I'll see him in hell where we both are going even if he couldn't make amends. On a personal level, he was able to see his country Megan. Men's on an international one, even though his efforts against the war were in vain. Andrew lived long enough to witness the treaty of or Cy and the end of World War One on June twenty eighth nineteen nineteen. Just two months later on August eleventh, Andrew died from pneumonia complications. He was eighty one years old. He'd given away over three hundred fifty million dollars the equivalent of over seventy six billion dollars. Now, despite his best efforts, he wasn't able to give away all of his money. But his wife Louise went on to live another twenty seven years in kept making donations. He left his wife, small cash gift, their Manhattan townhouse and Skibo castle in Scotland. He left his daughter of small trust and walled. This probably allowed them to live comfortably. The eventually had to sell their town home. Andrew Carnegie left the world with a mixed legacy. He rebuilt America and helped usher in the industrial revolution, but he did so on the backs of underpaid labourers. He gave most of his money away to found institutions that would help give people the tools they needed to succeed. But only after his factories had left countless men dead through careless accidents and by gunfire. What he did leave behind is noise inspiring. But the idea of the innovative philanthropic billionaire continues to resonate today with both the good and the ill that come with it and Andrew Carnegie was for better or for worse. The blueprint for that archetype. There are many buildings. Many institutions, many companies, and even a city that continued to bear his name today that is money. He could have decided to hoard within his family passing down that wealth through the generations. If nothing else we are lucky then that Andrew truly believed a man who dies rich, dies, disgraced. Thank

Frick Andrew Andrew Carnegie Carnegie relief fund Carnegie Endowment Carnegie Hall Carnegie Mellon University Carnegie institution Carnegie Lynn Lynn trust Henry Frick world court Manhattan Pittsburgh Scotland allegany Hague palace of peace Skibo castle pneumonia
"andrew carnegie" Discussed on Historical Figures

Historical Figures

02:42 min | 1 year ago

"andrew carnegie" Discussed on Historical Figures

"He renamed his business Carnegie steel. Their profits had risen to upwards of forty million dollars per year over one billion dollars today, and they were still growing his partner. Henry clay fricks shady business practices continued to make them both very rich intercity wanted to retire and spend all of his earnings charitably, but it didn't look like he was going to start that anytime soon. And then one of the deadliest strikes in American history happened at his homestead factory in eighteen ninety two while Andrew was away in Scotland with Louise Frick faced more labor negotiations this time from the amalgamated association of. Iron and steel workers. One of the most powerful unions at the time. If Andrew was at least diplomatic in his treatment of factory workers. Frick was the opposite. He was only concerned with stepping up his production demands, which made matters worse for laborers letter correspondence between Frick and Andrew in the months leading up to the strike. And even through the strike showed that Andrew supported Frick though he would later deny this on may. Fourth eighteen ninety two about two months before the homestead strike Andrew wrote to Frick quote. One thing we're all sure of no contest will be entered in that will fail. It will be harder this time at homestead. On the other hand, your reputation will shorten it so that I really do not believe it will be much of a struggle. We all approve of anything. You do not stopping short of approval of a contest. We are with you to the end and quote. So the laborers refused to. Except the conditions and refuse to work until their demands were met, namely higher wages, Andrew suggested shutting down the plant guaranteeing his labors that they would still have their positions. If they could come to an agreement. Frick had a different idea when the laborers refused to comply Frick shut down the homestead plant and went the extra step in firing, all the union laborers on July. Second eighteen ninety two. He opted to hire new nonunion workers instead in retaliation on July sixth, the fired union Labor's decided to hold a strike, but Frick got wind of the plan and hired three hundred Pinkerton guards to help protect the plants. Pinkerton guards were the first private investigation firm an America. The Pinkerton agency made its name by going after outlaws such as Jesse James and providing private security for railroads. On July.

Louise Frick Andrew Pinkerton Henry clay partner union Labor Jesse James nonunion Scotland America forty million dollars one billion dollars two months
"andrew carnegie" Discussed on Historical Figures

Historical Figures

04:58 min | 1 year ago

"andrew carnegie" Discussed on Historical Figures

"Help of new partner, Andrew adopted vertical integration which refers to win one company controls all facets of their business. Henry clay Frick caught Andrews I because Frick had figured out how to manufacture coke, a coal based fuel for furnaces. So in eighteen eighty one. Forty six year old. Andrew decided to join forces with Frick who could get the coke for his company in this deal. Andrew would not give the money to expand fricks factories, but he would allow for it to continue to run them. It was a good deal for the two men in charge, but it was a disaster for the employee's as difficult as Andrew was. Frick was even tougher and more of a ruthless boss. This caused tension to grow between the two men. Andrew wrote about stepping in to negotiate with his laborers since Frick did not believe in conducting negotiations. Andrew believed that he was genuinely leveling with his laborers in his mind. They both needed each other to survive. And in that mutual understanding, both parties could benefit Frick didn't see his relationship with his laborers that way. Unfortunately, regardless of how he felt about fricks negotiation strategies, Andrew recognized that his partners methods worked with the ability to both create his own steel and his own factory. Fuel Andrews company was booming, though his businesses were more successful and financially dominant than ever Andrews personal life was suffering. Andrew lived with his mother Margaret at a sweet in the Windsor hotel, which caused a few unforeseen problems. Andrew always had a strong relationship with Margaret, and it was rumored that he. Brought his mother to board meetings in value to professional opinion. However, at seventy years old Margaret's health was on a significant decline. The business titan was devastated knowing that he would have to say goodbye soon. Andrew looked for comfort in a newfound love interest. Now in his mid forties. He had recently met Louise Whitfield the twentysomething daughter of a wealthy New York City merchant. Louisa understood what it was like to lose a loved one as her father had died when she was only twenty one. Unfortunately, the two most important women in Andrews life did not get along a year into the relationship, Andrew hope to bring both the we's and his mother on a trip to his hometown back in Scotland. He asked his mother to help convince Louise's family to allow her to go. But Margaret refused, she didn't want Louise there instead of fighting back Andrew respected. His mother's wishes Margaret had become used to having Andrews attention to herself. Self. It's possible that she was simply scared of losing him, but somehow Andrew and Louise's love persisted. Two years later in September of eighteen eighty three. The to secretly got engaged unable to physically be together. They wrote letters back and forth while Louise still lived in New York City, and things went on like this until the fall of eighteen eighty six. When several tragedies befell the Carnegie family and mid October eighteen eighty six. Andrew came down with typhoid fever several days later, his brother Tom died of pneumonia, then on November tenth eighteen eighty six. When Andrew was fifty. His mother Margaret passed away for a while. Andrew figured he would be next. His whole family was gone and he was bedridden with typhoid fever often losing consciousness for weeks at a time. But there was one thing that kept Andrew determined to get better. He could now Mary Louise even then though Andrew wasn't keen on making the relationship, overly public. It seemed like too much of a slap in the face to his recently deceased mother on April twenty. Second eighteen eighty seven fifty one year old, Andrew and thirty year old Louise had a private wedding ceremony at her family's New York City home only thirty guests were invited. But right before the small wedding ceremony began the two retired to separate rooms in the estate to sign what is considered to be one of the first prenuptial agreements in return for the twenty thousand dollars a year income. She would receive about three million dollars in today's terms. Lewis signed away her rights to any of her husband's estate upon his death because he had intended to give his money away to charitable and educational purposes in the years that followed Louise Andrews love blossomed. She was his confidante and he. He loved that her social status never influenced how she treated others. He nicknamed her the peacemaker. She'd never gotten into a huge disagreement with anyone in her life with his personal life neatly taken care of Andrew began to think about legacy. What did he want to leave behind?.

Andrew Mary Louise Henry clay Frick Andrews Margaret Louise Andrews New York City Fuel Andrews Louise Whitfield partner Windsor hotel Louise typhoid Louisa Lewis Scotland pneumonia Tom eighteen eighty seven fifty on twenty thousand dollars
"andrew carnegie" Discussed on Historical Figures

Historical Figures

01:57 min | 1 year ago

"andrew carnegie" Discussed on Historical Figures

"The American industrial revolution. Steel mills created more jobs and a higher quality of life for the average American. But it all came with a price. The unionized labourers who toiled an Andrew mills grew more and more frustrated with their terrible working conditions in his autobiography. Andrew wrote flippantly about the many strikes that he squashed once about one hundred and thirty four men secretly unionized to demand higher wages at the end of the year, Andrew refused to increase their wages. So the hundred plus men refuse to operate their machines in retaliation, which halted productivity. Andrew wrote that the reason. Season he couldn't increase wages was because quote, the new year had been unfavorable for business and that steel mills all across the country were cutting wages. He wrote, we could not advance wages when our competitors were reducing them when the strikers demanded to meet with Andrew. He responded some find day these men will want the works started, and we'll be looking around for somebody who can start them. And I will tell them that the works will never start except upon a sliding scale based upon the prices we get for our products. The scale will last three years. Andras idea of the sliding scale payment was in his words away to make capital and labor partners. So they may quote share in the prosperous and the disastrous times together in his mind, this truly made what he was doing fair. In the case of Andrews laborers, the sliding scale could mean huge fluctuations. In wages, people didn't know if they would be able to afford food each week. Andrew drew a hard bargain, but he was able to push through the strikes and get his mills back to peak efficiency. Andrew always kept his factories equipped with the newest steel technology to ensure he was constantly ahead of the curve and with the.

Andrew mills three years
"andrew carnegie" Discussed on Historical Figures

Historical Figures

01:54 min | 1 year ago

"andrew carnegie" Discussed on Historical Figures

"And now back to historical figures. It said that at the start of the American civil war in eighteen sixty one twenty six year old, Andrew Carnegie was actually drafted to fight for the union, but he never went. Rumor has it that Andrew payday poor Irish immigrant, eight hundred fifty dollars to take his place. Although Andrew wasn't exactly on the front lines. He had a pretty dangerous job army engineers and saboteurs would attack telegraph lines to stop communication between enemy soldiers and their bases like an old school version of cyber warfare if align went down, Andrew would have to go out to the site and fix the problem so that communication could get back up and running. They also had to run trains to evacuate wounded or seriously endangered union soldiers injure. Notice the wood rail and bridge infrastructure in America was quickly deteriorating. Having seen bridges built with iron on his trips to Altuna. Andrew proposed replace bridges and rail lines with iron. Before the old wooden infrastructure became too dangerous for travel. So in eighteen sixty five the same year, the civil war ended thirty year old Andrew decided to retire from the railroad business and go into the iron business with the help and blessings from Mr.. Scott to start the company, Andrew secured investments from a few as well to do friends, the five of them all contributed around twelve hundred and fifty dollars so that Andrew could start the keystone bridge company in eighteen sixty five. His initial focus was on replacing old wooden bridge in train rails with iron. However, keystone also built its own bridges and its reputation grew quickly by year three. Keystone was the go-to bridge building company in America and would later be known for building the EADS bridge in Saint Louis..

Andrew Carnegie keystone bridge company EADS bridge keystone America Altuna Saint Louis Scott eighteen sixty one twenty six eight hundred fifty dollars fifty dollars thirty year
"andrew carnegie" Discussed on Historical Figures

Historical Figures

02:03 min | 1 year ago

"andrew carnegie" Discussed on Historical Figures

"Ship was miserable and cramped. The little privacy afforded to passengers as many were forced to share cots in eighteen forty eight. The railroad system in America was still a work in progress. So the journey from New York to Pittsburgh was another arduous, one from New York. The Carnegie's took a boat to buffalo and another boat to Cleveland. Finally, they took a steamboat from own. Ohio to Pittsburgh by a canal on the way to Pittsburgh the Carnegie's experienced their first encounter with mosquitoes. Andrew noted that his mother was bitten so badly that by the morning, she wasn't able to open her eyes. However, in the end, it was all worth it. The Carnegie family had finally made it to the promised land, Pittsburgh, Pennsylvania. Except Pittsburgh didn't look too much like a promised land on eighteen forties. Pittsburgh was a manufacturing town filled with dangerous factories with terrible working conditions. These factories constantly spewed ash and soot into the air which left a film of dust on everything, including residents, lungs homes, and water supply. And this was a far cry from the twelve year. Old Andrews picturesque home in Scotland, after weeks of uncomfortable travel and mosquitoes. The Carnegie's anxiously settled into their new lives in Pittsburgh. They lived in two rooms above the small Weaver shop that Andrew's uncle HOGAN had built. His family came to America with nothing so Andrews immediate focus was to figure out a way to help his family survive. This father tried to revive uncle, Hogan's, weaving business. But as Andrew said, quote, the results were meager. His. Mother ran a small enterprise repairing shoes, but it didn't earn enough Andrew's father realized he wouldn't be able to make a sustainable living and began working at a cotton factory. Thirteen year old. Andrew, joined his father in the cotton factory as a bobbin..

Pittsburgh Andrew Carnegie uncle HOGAN America New York Old Andrews Cleveland Pennsylvania Ohio Scotland Thirteen year twelve year
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

01:30 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"Embroidery in the hague for the permanent court of arbitration and that was one point five million dollars in funding that was given by carnegie to build what was called the peace palace and the foundation continues that buildings maintenance to this day there are many more such institutions funded by andrew carnegie and as we mentioned in the catholic chadwick episode you've probably seen a building or a school or a library that he funded after he retired from business to pursue philanthropy as the second career carnegie began writing his recollections of his youth and his rise to wealth from poverty in the forward to his autobiography which was published in nineteen twenty his wife louise wrote of their time in scotland when world war two broke out quote he delighted in going back to those early times as he wrote he lived them all over again he was thus engaged in july nineteen fourteen when the war clouds began together and when the fateful news of the fourth of august reached us we immediately left our retreat in the hills and return to skibo to be more in touch with the situation these memoirs ended at that time world where would was hugely upsetting to andrew carnegie he had been so focused on the idea of world peace that it was a jarring shock to see this conflict unfold carnegie was willing to put his remaining fortune to work to try to end the war he would have offered kaiser ville.

andrew carnegie louise scotland kaiser ville chadwick skibo five million dollars
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

02:20 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"He had written a popular book titled the gospel of wealth in which he wrote about the duty that wealthy men have to better the lives of people with less and he was intent on living up to that writing he focused on giving money away in ways that we're enriching and would have lasting impact yeah he was he did not just want to hand people money he wanted to figure out how he could build something into the world that would keep people enrich longterm and as part of his philanthropic efforts he built a library in a concert hall in homestead pennsylvania and he said up retirement funding for the workmen under the andrew carnegie relief fund writing that it was quote as an acknowledgement of the deep debt which i o the workman who have contributed so greatly to my success he funded nearly three thousand libraries than united states and abroad the library where i get most of my materials for this podcast is in fact a carnegie library gary he felt that with access to knowledge and a desire to learn anyone could become educated even outside of the formal education structures yes since that was really how he had become educated and become a successful person he thought like i want to give that avenue to everyone who might want it but he also funded many actual formal institutes of higher learning so carnegie mellon university is the modern day outgrowth of a two million dollar endowment that andrew carnegie established in one thousand nine hundred to set up technical schools in the pittsburgh area in one thousand nine hundred two he founded the carnegie institution of washington with twenty two million dollars all allocated towards scientific discovery and in two thousand seven this organization became the carnegie institution for science the carnegie corporation of new york was formed in one thousand nine eleven to give away the remainder of the carnegie fortune and that entity remains and continues to fund trusts in educational institutions the carnegie council for ethics and international affairs was initially named the church peace union and it was established in nineteen fourteen with a two million dollar endowment with the goal of finding alternatives to war the carnegie foundation was established to build a courthouse and the line.

pennsylvania united states carnegie corporation new york church peace union carnegie foundation andrew carnegie carnegie library carnegie mellon university pittsburgh carnegie institution of washin two million dollar twenty two million dollars
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

01:45 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"J p morgan offered to buy carnegie out that year and after thinking the matter over andrew carnegie decided that it wasn't he'd time to leave business and begin philanthropy and ernest he had been doing philanthropic works prior to that but he decided that was kind of going to be a second career and so he wrote down his asking price just on a little slip of paper and he had an employee of his hand deliver it morgan made no counter offer but immediately accepted the deal and bart and bought carnegie steel for four hundred and eighty million dollars of that sum carnegie walked away with two hundred and fifty million dollars the portion that went to carnegie has been estimated and a modern values somewhere between four and five billion dollars yeah and that's one of those things sometimes you'll see it reported a little bit in a confusing way because since there are two figures involved there that four hundred eighty million purchase price versus the two hundred and fifty million that was carnegie's out of that deal you'll sometimes see one or the other just reported on its own so i wanted to make sure we included both of those for clarity and right in the midst of this allowed by the way was the time that cassie chadwick was fading to be carnegie's daughter any massive fraud scheme and since andrew carnegie never really knew anything about that until it came too late during chadwick's arrest and her trial which he did attend it didn't really impact his life it was not something he really thought a whole lot about other than being a lump kind of amused about it but i wanted to contextual is it on the timeline since that previous episode about cassi does mention carnegie andrew carnegie's spent the rest of his life trying to give away all his money in eighteen ninety two years before the homestead strike.

p morgan cassie chadwick andrew carnegie bart carnegie fraud eighteen ninety two years eighty million dollars fifty million dollars five billion dollars
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

01:46 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"In eighteen ninety to another conflict between mill workers at the carnegie owned homestead steel mill and the management resulted in a deadly conflict that contradicted the image of carnegie as a worker's rights advocate the steelworkers employed by carnegie and frick faced incredibly dangerous working conditions for very poor pay two years earlier in eighteen ninety steel revenues had started to the klein and then in eighteen ninety two henry frick slashed workers pay and set out to break the steelworkers union and andrew carnegie was not blameless in this conflict for one thing in anticipation of the union contract expiring kerr negi had told frick to increase production so that they would have the leverage to shut down the plant if the workers didn't accept the new terms without losing any ground in their production schedule carnegie was in great britain is all this was playing out and he sent we're defray that he supported frick in whatever he chose to do due frick emboldened by the statement severely reduced the workers wages and the workers who went invested so much time and labour in increasing the mills revenue even some of them experiencing terrible accidents in the process we're not willing to back down frick declared that he would not negotiate with the union and he would only talk to individual workers the dissolution of the union was the point in the negotiations that just could not be resolved even after all the others were and then frick closed down the mill and locked all the workers out yet this plane it was kind of like one of those situations where you know there's a company that people have been part of for a long time and they feel like.

carnegie klein henry frick steelworkers union kerr negi britain andrew carnegie mill eighteen ninety two henry two years
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

01:49 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"Yeah it was very it kind of suggested that the the united states had become the the next step kind of in evolution of of great britain society like in going out in colonizing they had kind of gotten to that next level in his opinion carnegie lost both his brother and his mother in a very short period of time thomas died in october eighteen eighty six from pneumonia that he had initially thought was just a cold and the following month margaret carnegie died also from pneumonia she had already been quite ill when thomas who was living in georgia at the time died and nobody actually told her of her younger sons passing for fear of upsetting her while she was so ill similarly when margaret died andrew was sick with typhoid and his mother's death was not immediately related to him they actually lowered her coffin out of a bedroom window so he would not see it passing in the hallway after margaret carnegie died it removed that obstacle that had kept andrew in louise from beginning a life together but the couple waited to announce their plans to marry out of respect for margaret and because andrew was still quite sick for a while but as he later wrote quote i recovered slowly in the future began to occupy my thoughts there was only one ray of hope and comfort in it that comfort of course was the weeds and while andrew had spent time with women it was more apparent to him than ever that she was the one he wanted to spend his life with and their engagement had been on again off again it wasn't like they were two people so passionately in love that they were like anything we'll get through anything for example when he wrote her that letter it was like it's pretty much all about our moms that was kind of like a doesn't rica down period.

united states thomas margaret carnegie pneumonia georgia typhoid britain andrew
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

02:00 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"And by the time the war ended andrew carnegie had come to the realization that the iron industry had great potential and in a surprising move he left the pennsylvania railroad and he started a new company in eighteen sixty five called the keystone bridge company keystones entire business was upgrading existing wooden bridges to start sturdier iron structures and this proved to be extremely lucrative just a few years into it he had made himself wealthy in eighteen sixty seven he started the keystone telegraph company which cuts such a lucrative deal with the pennsylvania railroad to run telegraph wire on the railroads polls that carnegie and his partners were able to flip the business and triple their money in a very short period of time has estimated worth in eighteen sixty eight was four hundred thousand dollars so caveat it is always really tricky to convert historical worth into modern value but a rough estimate is that this was about five million dollars he was only thirty three yeah and i did want to point out that you know he was making these deals still with the pennsylvania railroad so even though he had left he really left on good terms and maintained business dealings with them for a long time that were always quite positive and riding high on his string of successes andrew carnegie decided that he was only going to give business two more years before turning to a life of philanthropy he wrote this plan out in a letter to himself in eighteen sixty eight and he had calculated out that he could live comfortably off the money he had made by allocating himself fifty thousand dollars each year and then using the rest of the money to benefit causes that he believed in but in eighteen seventy he wasn't quite ready to say goodbye it's all these various industries that same year he also met a young woman named louise whitfield through a mutual friend andrew became social with the whitfield family.

andrew carnegie louise whitfield whitfield family pennsylvania keystone bridge company four hundred thousand dollars fifty thousand dollars five million dollars
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

01:33 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"He was making five thousand dollars a year from his investment which is so much more than he had been earning from his railroad income he was also promoted to railroad superintendent in eighteen fifty nine and he used his increased income to move himself and his mother ensue nicer home yeah there's an interesting thing that plays out over and over where he starts making more and more and more money on investments but for quite a while he actually still kept his much lower paying job which is kind of interesting to me when the civil war began thomas scott his boss was hired by the union to manage transportation of its troops was pretty natural sincere in a railroad that they were like hey why don't why don't you run a similar set set up for us carnegie was also hired he was working alongside his boss is part of the war effort in meanwhile his earnings from that sleeping car company investment went toward a new business venture he invested eleven thousand dollars in oil in eighteen sixty one and he almost doubled his money in the first year i think he he took in something like eighteen thousand dollars from there he began diversifying his investments further and soon he was earning more than forty thousand dollars a year from them that was a massive sum in the eighteen sixties andrew carnegie was drafted in eighteen sixty four but he didn't wind up serving as part of the draft terms he had the option to pay a sum of three hundred dollars or find a replacement to serve in his stead so he opted to pay another man eight hundred fifty dollars to feel to fill his slot.

superintendent thomas scott andrew carnegie eight hundred fifty dollars eighteen thousand dollars eleven thousand dollars forty thousand dollars five thousand dollars three hundred dollars
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

01:59 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"As a messenger andrew would sweep the office in the morning before the telegraph operators arrived and one morning he actually took a message that came through when no operators had yet begun their shift and he did a good enough job that the operators started asking him to keep an eye on the telegraph when they needed to step away he eventually learned to take messages by ear so without the help of a running slip of paper to print the message out he would just write it down as he heard it a significant promotion followed when he subbed in for another operator on a two week trial because people realize he was actually quite good at this and he was soon given the title of assistant operator and he was making twenty five dollars a month while working for the telegraph office andrew meta man named thomas a scott at the time scott was superintendent of the pennsylvania railroad scott noticed how diligent and driven the young carnegie was made him an offer to leave the telegraph office and become scott's private secretary and also run his personal telegraph machine carnegie was offered thirty five dollars a month into him that seemed like a fortune so he took this job and started learning about the railroad industry kernigan he was once again doing really well because he carried that same work ethic into every position he had and he was making a name for himself at the pennsylvania railroad but his father in the meantime had not met with success in the united states after struggling to make enough money through weaving jobs william carnegie made a stab at entrepreneurship and he tried manufacturing his own cloth and then selling it as a traveling salesman but that really never took off william died in eighteen fifty five when andrew was twenty in that left the eldest son as the primary breadwinner in the family a year after william's death andrew started to expand out his business efforts he invested in the woodruff sleeping car company with a loan and it paid off sooner.

scott superintendent carnegie secretary pennsylvania railroad united states salesman andrew woodruff thomas william carnegie thirty five dollars twenty five dollars two week
"andrew carnegie" Discussed on Stuff You Missed in History Class

Stuff You Missed in History Class

02:00 min | 2 years ago

"andrew carnegie" Discussed on Stuff You Missed in History Class

"But then famously and what he's probably most known for today is the fact that he decided that the most important thing that he could do with his millions and millions and millions of dollars was to give it all away down one of the things that's really interesting to me about him today you will hear a lot of people talk about wealth disparity as a problem and he had he had no issues whatsoever with wealth disparity he was like just sort of thought that was how it's life's going to be is no problem with that but the people that had all the wealth should be doing useful things with it which to me is an interesting point of view yeah andrew carnegie was born on november twenty fifth eighteen thirty five in dunfermline scotland as father william was a weaver and unfair lynn had been known for quite some time for beautiful linen and particularly for its damask linen william struggled in his trade as industrialization became more and more common and hand loomed goods couldn't keep up as steam powered looms became more and more popular the family really struggled to make ends meet but william was obstinate that he wanted to remain a weaver even though he couldn't really support his family doing that and as a charter i william carnegie believed that the way to make change was to get working men elected into parliament so that they could make change at the legislative level that would help working men like him if you're not familiar with the term chart as that sort of sums up the whole thing it was a national working class effort at parliamentary reform so william and his brotherinlaw tom morrison both were committed to the chartered 'cause they were organizing strikes they were writing for charter publications and meanwhile andrew's mother margaret morrison carnegie stepped up by taking work mending shoes and renting a small grocery to try to keep the family afloat seeing as parents struggle and also living in poverty as a child deeply impacted the young andrew.

scotland william tom morrison margaret morrison carnegie andrew carnegie dunfermline william carnegie twenty fifth