St. Paul daily globe., 1893-01-30
ANDREWIS PATHETIC.
The Pittsburg Iron King Dis
cusses the Great Lockout
at Homestead.
He Insists That He Is Not
Directing the Carnegie
Steel Company.
His Heart and His Money
Are With the People OF
Pittsburg.
A Word Of Praise for Henry
Clay Friek, the Compa-
ny's Manager.

PIrTsBURG, Pa, Jan. 2S.-Ever since
the arrival of Andrew Carnegie from
Europe he has been besieged by men
Tor an impression on the troubles at
Homestead, but he steadfastly refused
TO be interviewed. In conversation
with the correspondent Of the Associat-
ed Press this afternoon, however. Mr..
Carnegie talked freely on the subject.
al did not come to Pittsburg," said he,
"to rake up, but to bury the past, of
which know nothing. That is beyond
recall; it should be baniShed as a horrid
dream, and only the lessons that it
teaches laid to heart for the future. For
twenty-siX years our concerns have run
with only one labor stOppage in one
of our numerous works, and | trust
and believe that even this rec
ord VIII be fully equaled in
the twenty-five years to come.
When employer and employed become
antag0nistic, each considering the other
its enemy, it is a contest between twin
brothers. There is no genuine victory
possible for either, but defeat for both
capital and labor. l desire now, once
for all, 10 omake one point clear: Four
years ago | retired from active business;
no consideration in the world would in
duce me TO return to it. A great error
of our countrynen is that they endure
the harassing incident to business until
THey Break Down
in the harness, when they should be in
their prime, and die still striving for
dollars. L believe in retiring betimes
and giving Younger men a chance.
have sold portions Of my interests, and
am gradually selling more to such
young men in our service as my partners
find possessed of exceptional ability
and desire interest in the business. |
am not an officer in the company, but
only shareholder. To the numerous
appeals which | have received urging
me to give instructions in regard 10 re-
cent troubles, | have paid no attention.
but to all these people and to any others |
interested in the subject let me now say
that | nave not power to Instruct any
body connected with the Carnegie Steel |
company, limited. The officers are |
elected for year, aud no one can inter !
fere with them. Even at the next elec- |
fiOn, if | desired TO make a change, [ |
should be poWeresS to do so. The law |
under which the company is chartered /
requires majority, not only in interest,
but in number of shareholders, J
no EfFec; Change I
eff desired to replace the present of
iicers, therefore, it would be necessary |
for me to obtain a majority Of the share
holders, and also seven members will
fng to act as their successors. | could
not find one shareholder out of the
whole number interested that would not
vote and stand by the present officials.
They will be unanimously reelected. L
do not believe in ruling through the
voting power, even If | could, and this
provision, which has always been
feature IN our partnerships. L
think is only fair to those
could not bring my associates in bust
never wished to do so by force. AS for
instructing or compelling them under
the law TO do one thing or another that
is simply absurd. | could not do it if |
would, and | would not do it if could.
/ am still holder of the majority of |
the shares Of the Carnegie Steel COM
pany, limited, never having changed |
my policy. | made my first dollar III
PittSOurg, and l expect 10 make my last |
one here, and as long as my partners are
willing Or desire Ny capital to remain
III the business. il shall so remain, and
they shall always have my best advice
when asked, gratis. elect 10
Retain E1y Capital
in the manufacturing business | have
helped to build up, but because | have,
and always must have. great pride in it,
and for the further reason that my
capital is thus made the direct employer
of labor-it furnishes many men with
steady work at good wages. | don't |
know any form OF phllanthrophy so
beneficial as this. There is no charity
in it. | have not taken money out Of
Ehe business for investment in outside
things. / never intend to do SO, and
Since ! retired from business four years
ago, when money has come to me be-
gond That required Tor living expenses,
1t has been devoted to public uses. l |
have boarded none, and shall never ac-
rumulatc money. | shall not die rich.
apart from my interest in the business
which may be still held at my death.
Much has been said about my fortune;
l have plenty only if the works in Pitts /
burg are prosperous; unless they are, |
have nothing, ana that is how | elect to i
stand. All my eggs are in one basket
right here in Western Pennsylvania. q
take my chances with my partners, an 3
have the satisfaction of knowing tha.
The first charge upon every dollar of my |
capital is still the payment of
The Highest Earnings !
paid TO labor in any part of the world !
for similar service. Upon that record [ |
am proud 10 stand; and now one word |
about MT. ETIck, whom | recommended !
to the Carnegie Steel company Qimited) !
MS its chairman and my successor fonr |
years ago: | am not mistaken IN the !
man. as the future will show. OF his |
ability. fairness and pluck no one has |
now the slightest question. His four !
years management stamps him as one |
OF the foremost managers iii the world |
i wouldn't exchange HIM for any man !
ager | know. People generally have still |
TO learn OF those virtues which
partners and friends well know. If his |
health be spared. predict that no man
who ever lived in Pittsburg and man +!
aged business there will be better liked |
Or more admired by his employees than
my friend and partner, Henry Clay
FricE nor do | believe that anV man