As his secretary you were in charge of many things, but first and most you sent and received all his messages by 1
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telegraph. In fact, Scott sent so many messages that the two of you ended up sharing the same office to save time betweenmessages. This arrangement not only saved time but served to be an excellent education for you. You were given a front row seat in how to run a successful business and how to handle the daily operations of the trains. One day there was a nasty train wreck that left clogged the tracks so badly that it w as causing a train back up across the nation. Unable to findMr. Scott, you began to give orders over the telegraph in his name. In less than an hour the problem was solved. Fearing that you had gone too far, when Scott returned you explained everything. He checked on your work and seeing that everything was indeed working fine, he promoted you, making you his partner. In 1860, the Civil War broke out. You began to realize that America needed iron in order to fight and in order to make anything of value. Taking a huge risk, you resigned from Mr. Scott’s company and bought an iron company. Withinthree years the business was booming. You were only 33 years old. At 35 you resigned, taking two years off and traveling the world, reading and visiting the world’s museums. In London, you met an inventor named Henry Bessemer who had a new process for creating what he called steel, a combination of iron and other alloys that was lighter but stronger than standard iron. You realized that this was the next thing. You invested heavily in it and opened up a brand new steel plant in Pittsburgh. This choice would make you one of the most rich men in the history of the world.You soon became the steel king with plants all over the eastern seaboard. Carnegie Steel Corporation was the preeminent steel maker and seller in the world. The wealthier you became the more literary you became as well. You began to write books about business and life and even started a magazine for a while. In an article you wrote for your magazine you described what you referred to as the Gospel of Wealth. In the Gospel of Wealth,you argued that it was the responsibility of the wealthy to take care of and make life better for the poor and the downtrodden. You argued that those who die rich die in disgrace. You attempted to use this and other articles to pressure other wealthy corporate owners (yourfriends) to give generously to philanthropic causes. Even though you wrote articles like this one, “muckrakers” of the time, socially conscious journalists called you a tyrant and a robber baron. They accused you of using unfair labor practices, unfair business practices and of forgetting where you came from. You lashed back in article after article defending yourself arguing that you believed in the workers right to organize, to form unions and even to go on strike.
As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.
Temple University Fox School of Business ‘17, Course Hero Intern
I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.
University of Pennsylvania ‘17, Course Hero Intern
The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.