The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1901-03-26
Schuab's Marvellous Career
From $L0O a Day to a Billion
Dollar Deal.

The biilion-dollar steel trust-tle great
est Industrial organization ever forme'
ia the history 8f the world-will Ia al
proha bility have as its President Charlie
NJ schwab. He IS president of the Car
negie Steel company, limited, is thirty
nine years of age, draws salary Of $50.
600 year and has stock holdings IN thi
company amounting to $4,000 600. Twen
ty-one years ago he entered the employ
Of the company as a stakedriver Ia Z
surveying corps az a salary Of one dollai
a day. To-day he IS one Of the great
est ironmasters in the world He vii
control, as president the billion-dollai
steel trust, 100000 men, upon whom
I 100000 people are dependent.
From the inception Of the tremendous
deal as a result OF which practically al
the steel producing companies in the
country viii be united under a single
management. this young man. not yet
forty years Of age. has been a leading
factor. He It is who has been consulted
most by j. Pierpont Morgan. by John ID.
Rockefeller by Andrew Carnegie. lie II
was who was the Intermediary between
the minority stockholders Of the Car
negie company and the great trio OF
financial and industrial kings. BY ma
jority and minority stockholders alike ne
is implicitly trusted.
His opinion Is conclusive on any busi-
ness question. Under hts guidance more
steel and iron viii be produced by the
company than IS turned out by all the
furnaces OF Great Britain and Germany
combined. And the head Of this enormous
aggregation Of capital and energy Is just
as unassuming as he was when earning
81 a day. He has but two ambitions one
to be the greatest ironmaster I'm The
world, the other TO be a great philanthro-
pist. To every aspiring young American
his career Is an inspiration.
He was born at williamsburg. Blair
county. Pennsylvania. Feb. Is. 1862 At
ten he removed with his family 10
Loretto, Cambria county. There he at
tended st. Francis college As a boy he
drove the stage coach from Loretto 10
Cresson according 70 the New York
Worlds record. After graduating al SIX.
teen. he worked as a grocery clerk at
Braddock. Pa. His salary per week was
$50 and his board. He worked hard an
day and then slept IN the store at night
as watchman. Any spare recreation
moments he obtained he spent IN the Ed
gar Thompson steel works al Braddock.
The work IN the big foundry fascinated
him
In 1850. 10 his great delight. he OBJ
tained position Ia the works at 81 3
day He became a stake driver IN the
engineer corps. In seven years ne was
made the chief engineer, built the great
Homestead steel plant, and became its
superintendent. He made II the largest
IN the world Tor the production Of bill
let's, structural shapes. bridge steel
boiler plate, armor plate ship and tank
plate and steel castings.
The first armor plate turned out by
the Carnegie company for the United /
States navy was done under his personal
supervision. In the production OF armor 1
plate he won for the works worldwide /
reputation, and as a result orders for I
armor plate came from the navies OF I
the leading European powers In 1850 4
he was called back as general superin-
tendent 70 the Edgar Thompson steel
works. In 1892 he directed both the
Homestead and Edgar Thompson works
In 1896 he was elected a member Of the
board Of managers and IN 1897 be be-
N-AAA' N+NHANNAA NA AAAN AENAlANaAN NNAAr
pany. His salary was fixed at $4,000.
with a 3 per cent interest.
In dealing with his many superintend-
anis Mr.. Schwab Is confidential and az
fable to the degree of sociability. when
he held the position Of superintendent
It the Homestead OF Edgar Thompson
steel works no one looked more like an
'veryday mechanic than he. lie was,
n every particular one Of the men.
The following aEecdote illustrates his
haracter. After he had risen 90 be gem
raj manager of the Carnegie Steel com
lany an English manufacturer offered
i'm more than $4,000 a year to be man
ger OF his factory. AR. Schwab re-
used, but did not tell Mr.. Carnegie.
iome months later Mr. Carnegie heard
4 H. and took pains TO say to Mr.
chwab that he must not think OF IT,"
1T Is not what I want" he replied.
what Is it you do wantg' asked Mr
'arnegie.
ITO be partner go your company"
aid Mr. schwab
He became one. and 30 1896 was elected
resident
The reason FOR Mr. schwab's SUCCESS
aM NN Furill NfNtANNAAhN ANHlN NNN ANA- 3
lwing statements to which be has given
ypression during the last few years.
Il always relied upon myself / am I,
great believer IN seif-rcl.ant maniincss. .
.hich is manhood IN its lohlesi form.
cry carly ! made up my mind % make !
Iyself Indispensable. instead 81 continu- \
rs looking at The clock Employers APP r
reciatc snen who may PC trusted 70 DO
heir work as u ley were working FOR D
lemselves. Once a week. every satur- h
ay. / have the heads o. ihe various de- t,
lrtments. upward of forty. take iuu- r
leon with me- During The meal not
ord OF business De- permitted. but after q
ncheon we exchange IDEAS Always be- +.
lre of your facts. You lessen che e. y
.em of your superierH u you are not =
when I first went % work f1r Mr ;
arneeie ] had an impefuous huatllng \
ian over me. : had 10 bee up f0 the TOP 4.
1tch 10 give satisfaction. worked !,
ster than ] otherwise would My OBJ i
ef in iife then was 70 show him ms
orth. ; thought and dreamed 81 noth- /,
e else but the steel works. In c1nee- !,
renee ] became his assistant At fuen- i
zone married j believe f.. .arf, ~....