The enterprise. [volume] (Wellington, Ohio) 188?-1899, 1893-02-01

PITTSBURGH, Pa, Jan. So-Mr An
drew Carnegie made the following
statement for the press yesterday, In
response to numerous calls from report
ers for interviews:
II did not come TO Pittsburgh to rake
up but to try to bury the past, OF which
knew nothing. That Is beyond recall;
It should be banished In horrid dream, |
and only the lessons that II teaches laid |
10 heart for the future For twenty-six
years our concerns have run with only
one labor stoppage at one OF Its numer-
GUS works, and trust and believe that
even this record will be fully equalled
In the twenty-five years 10 come. When
employer and employed become antag-
onistic, 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.
81 desire now, once for all, to make
one point clear Four years ago re-
tired from active business; no consider
alton in the world would induce me to
return TO it; great error OF our coun-
trymen is that they endure the haras-
sing cares incident to business until
they break down in the harness, when
they should be in their prime, and die,
still striving for dollars ! believe in
retiring betimes and giving the younger
men chance | have sold portions of
my interest and am gradually selling
more to such Young men in our service
as my partners find possessed OF excep-
tional ability and desire TO interest in
the business am not an officer in the
company, but only u shareholder l
could not find one shareholder out OF
the whole number interested that
would not vote and stand by the pres.
ent osicials They will be unanimous
ly reelected. lido not believe in ruling
through the voting power, even If |
could, and this provision, which has al
ways been feature in our partner
ships, think is only fair to those |
could otherwise outvote.
~ am still holder of majority OF the
shares Of the Carnegie Steel Company
limit ed, never having changed my poll
cy OF concentration. ] made my first
dollar in Pittsburgh, and expect to
make my last one here. / elect to re-
tain my capital in the manufacturing
business have helped TO build up, be-
cause have, and always must have
great pride in Il, and for the further
reason that my capital Is thus made the
direct employer OF labor; 1t furnishes
many men with steady work at good
wages. don't know OF any form o.
philanthropy so beneficial as this
There Is no charity In H. have MOI
taken money out Of the business for in
vestment In other things; ! never in
tend to do so, and since retired from
business four years ago when none!
has come 10 me beyond that required
for living expenses, It has been devote'
70 public uses. have boarded moth
ing. and shall never accumulate money
i shall not die rich apart from my inter
est in the business which may still b
held at my death Much has been sal
about my fortune; have plenty only
the works In Pittsburgh are prosper
GUS; unless they are, have nothing
and that Ia how I elect 10 stand.
"And now, ono word abrut Mr.. Fricl
whom recommended to the Carnegi
Steel Company, limited, us its chai
man. and my successor four years ag'
/ am not mistaken in the man, as th
future will show. OF his ability, fai
ness and pluck, no one has now II
slightest question. His four years maj
agement stamps him as one OF the for
most managers in the world-l woul
not exchange him for any manager
know
~ hope after this statement that u
public will understand that the officia
of the Carnegie Steel Company, limite
with Mr.. Fricl, as their head, are n
dependent upon me or upon anyone
my way for their positions, and that
have neither power nor disposition
interfere with them In the managemei
OF the business And, further that
have the most implicit faith in them