New-York tribune., 1901-12-12
THE PASSING THRONG.

In the last twenty-five years." said G. B. Law
renee, of Philadelphia the Holland House yes
terday. the wealth Of this coun-
INCREASE try has increased by leaps and
OF PUBLIC bounds This wealth is collective
AND PRIVATE in that the country at large has
WEALTH increased in fortune during this
period and it Individual, as
is shown by the vast increase in the number and
size the private fortunes In 1850 Pittsourg wnie
already great money making centre and na'ins ne R
a fair proportion Of moneyed men among rs i,nr IN
d not f Sa Ra eoeo to ssn
Increase in the coal iron and steel trades ano
in this smoky city Of Western has It's
soStneht sa int weh is equivalent to the
y5s Tch h Is the taaf aor it the tRs Sn
has been of the order of marvellous ana tns
therein read like the romances OF the baron Null
In the memory of men living in Scotland there
lived .puir laddie' who. with his family. emlsra M a.
a1 ed 5e asgaph operator and that work was
graduated into the steel business IN tbe world
has In no Sosmtry save nave been
possbie His great intelligence. indomitaoie persf
verance and almost intuitive unaers a and is
business made Mr.. Carnegie what ne was anu ''
eThe time however, Is past when MS career couiu
be repeated certainly in an established me OF Jus
ness Some wondrous brain OF the
CAN THERE future may find its opportunity aho
Z a
CARNEGIE? in the old established ones compe-
tition is too keen and the present
day methods too vigorous and wen oehileu
business careers like those of Thomas A Scot' L"
railroading and Andrew Carnegie IN steer 10 oe
duplicated. 1t took long years for England 10 con-
slider seriously America a a competitor In Steel
even after our country had made glganuc Piosie's
in the manufacture of the metal England iooAeu
upon steel peculiarly her own oond sei'ai az az
never feared but that her surplus producl "ort bt
always find ready and eager purchasers Le 81
of 1t sale That America woun wof.sd esdt fbat
American steel would ever drive that Of sb 10
esHe 1et IN and yet the first has already
and the second seems in fair way 20 naPpeh, % h.rs
remained in wiifu almost criminal( ignorance Of oi
the progress AmeTfa T was maKns a1nsse ~ in seeking
freedom business cares. first began ms pfsteS
habit a 81 ranger % strange land To-day
his name is much household W2rd iI III RIIt sif
twenty and odd years ago this was not sato SO ana
Mr. Carnegie landed in Lunnon iown nmportant
citizen. Like gravitates to like and so atb IN the
gred atS fhs steel Ss mea Of ASon @
time distant runor had reacned nngrnu 1ca eifr in
America but of how great importance our EnghSn
cousins knew not 1nd as the even. Prl the viSitng
american how the steel business was conducted on
the other heat side as ana eoorsa With boafu pride
Carnegie was one day conducted through the great
est of the English steel plants
THE Journey long and painstaking one.
The visitor was ably ciceroned, and no detah OF
the business was neglected From
STEEL PLANTS end TO end OF the vast plant 'ie
COMPARED BY party travelled and each and all
AN EXPERT of the wonderful mills and every
piece of the intricate machinery
therein employed came in for its fun snare ot at
tention When the inspection was finally completed
the Englishmen glowed with the feeling that tneS
had shown the American how useless must prove
anv nunv efforts OF his when made in competition
with the titanic endeavors of which they had SHOWN
him thew were capable. Mixed with their satisIac-
tfon was Just a tinge Of disappointm tment tnat MI
Carnegie had not been viSibly Impressed ana
when he thanked them for their trouble and praseu
the pant but naught else this feeling found voice
You don't complained the spokesman to the
American seem much impressed Now. be nonss1'
have YOU ever plant as great and complete
this one? =. .o-
Yes | have the quiet reply, a number
and what is more, I personally own one that IS
fully four times as large and far more complete
than this one u ,.v
This astounding statement was received with
cool increduIity that in of the party became
omen dersion. For all that the tatenent upon IN
Jestigation was found be literally true Tnat
hanpened many years ago. and since that day the
steel Industry in this country In general ana Ine
Carnegie end of II in particular mas oeeh stedoAS
increasing in size.