The suburban citizen., 1900-04-28

In the great fight between Henry
| Clay FriclI and Andrew Carnegie for
control of property worth millions, the
other men concerned have been well
nigh lost sight of, and yet there is a
large number Of them. Carnegie be-
lieVes in young blood and brain. He
is willing to pay it well but none knows
how to use it better than he. OF his 30
odd partners, one and all, like Carnegie
himself, rose from the ranks of strug-
Cling clerks brains and energy being
their sole capital.
Henry Phipps, who owns II per cent
Of the Steel company's stock, his sub
scrlption being $2,75O,OOO. and who is
now allied with the Frick forces, was
one Of Carnegies earliest and most
trusted partners. He is the son OF
poor shoemaker in Allegheny City,
where he was born and raised. His
nrst employment was as clerk for a
transfer firm. His acquaintance with
Andrew Carnegie began at a meeting
OF young peoples debating society in
which Carnegie was the leading spirit.
Phlpps formed a partnership with
Thomas I. Miller in.the iron business.
Ihey disagreed and Phipps appealed b.
Carnegie for aid. Carnegie bought an
interest in the business against his will
to save friend. Phipps continued in
the firm and has been Carnegie's steal
fast friend for 81 years. by the irony
OF fate, Phipps, whom Carnegie saved
ana made a millionaire many times
over, has now turned against Carnegie
and taken sides with Frick Phipps'
friends, however, claim that it was
Phipps who made Carnegie as Carne-
gle only went into the iron business on
Phipps' earnest solicitation.
There used to be a saying in Pitts
burg that there were three persons in
the world that Carnegie loved-his
wife, Henry Phipps and George Lau-
der.
Lauder is one of the consulting part
ners of the firm, and owns per cent
OF the stock. This at Frick's valuation.
would be worth about 100000 600. Lau-
der is Scotchman who came to the
country about the same time as An
drew Carnegie. He began as clerk
and was admitted as a partner in the
Carnegie concern when the firm Of
Carnegie & Bro was formed in 1871.
When the Carnegie war broke
out Lauder sailed for Europe to be
away from the strife, and Is still
there.
c. NJ. Schwab, president of the Car
negie company, was born in the village
of Williamsburg, Pa. Feb. IS, 1862. His
parents moved to Loretto, where his
father owned stage line. Young
Schwab was educated in st. Francis
College at Loretto and when 19 got
JOB as clerk in a store at Braddock.
near the Carnegie mills. Soon after
ward he entered the mills, also as a
clerk. He had a talent for mechanical
drawing that attracted the attention OF
w. X. Jones, the manager OF the mills. |
who sent the youngster to a Pittsburg
night school.
Schwab's first position OF prominence |
was assistant engineer at Braddock. .
He shortly became chief engineer He
planned the immense blast furnace
plant Of the Carnegie company at
BraddoclI and the new rail mill which
became famous all over the world. II
Frick wins his suit Schwab's interest
Will be worth $7,O0O,OOO. He gets a
salary Of $50 900 year as president
Henry NJ. Curry has a 2 per cent in
terest in the company. He was
clerk in the Lucy furnaces in the '7Os
and some time later was admitted TO