Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1902-09-25
HIS MILLIONS MAKE
OTHER MILLIONS GLAD

ldlllOLd. IL was WIiiS
he was thus employed that he made his
first speculation He became interest
ed in the scheme for building sleeping
cars, invested in the plan some of his
savings, together with money which he
borrowed from Pittsburg banker who
reposed confidence in the young rail-
road superintendent, and the money
thus realized formed the nucleus of the
great fortune the very size of which
astonishes the world of money.
From that time Carnegie's life be-
came easier. He became financial
power when he made success of the
Keystone Bridge Works, venture
which grew out of the sleeping car in
vestment. In 1868 he went to England
and mastered the mysteries of the
manufacture of Bessemer steel, re-
turned to America, and began the
manufacture here. The invention of
labor saving machines made it possi-
BILE for him to consolidate manufac-
tories, and as his funds increased he
bought out competitors. Now he en-.
ploys an army of $4,000 men, owns
nineteen factories, seven separate steel
works, a score of finishing mills, two
complete railroads, gas and coke
works, docks, fleets of vessels. and has
other ramifying interests which are
almost impossible to catalogue.
Married in 1887.
Mr.. Carnegie, on April %, 1887, was
united in marriage with Miss Louise
Whitfield of New York City, He re-
tired from business in 1900, and en-.
joys the fruits of his herculean labors.
In Scotland, he owns the Skibo castle,
and spends much of his time in his ma
| tive land since his retirement from &C
| tive business life. Mrs. Carnegie is an
| admirable help-meet for this great
Scotch-American, and in Scotland she
| is as popular as is her husband in
| America.
4 Gives to Libraries.
| Mr. Carnegies first donation for H.
brary purposes was in 1889, when he
established the institution at Brad
dock. Pa, for the use of his employees
and their families. Since that time he
has given more than S60,O00,O0O fol
the purpose of erecting buildings and
buying books.
| Does Not Give Broadcast.
| Mr.. Carnegie does not distribute his
money without an eye to the wisdom
of giving. He says: at were better
for mankind that the millions of dollars
of the rich were thrown into the sea
rather than to be spent to encourage
the slothful, the drunken, and the I'M,
worthy. OF every $1,000 spent in So
called charity, $3.50 had better been
thrown into the sea-"
Glad He Was Poor.
| He does not regret that his child,
hood was spent in poverty. This is
shown by quotation from one of his
articles: 1T is because Il know how
sweet and happy and pure the home Of
honest poverty is. how free from per-
picking cares, from social envy ant
emulations, how loving and united it.
/ members may be, that / sympathizt
with the rich mans son and congratu-
late the poor mans boy. If you will
read the list of immortals, who were
not born to die. you will find that mos
of them have been born to the precious
heritage of poverty"
Such is the man whose purse has
been opened so often for the benefit O.
the people of his native and adopted
4 lands. Ottumwa does honor to his
name today, as have other cities il
America and Europe, numbered by the
score.
For his bounty
There's no winter int; an autumn
A it's
THAT grows the more by reaping.