The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1902-01-30
ABOUT CHAS. SCHKAB
HOW THE GREAT STEEL
MAN GOT HIS START.
Andrew Carnegie Boosted Him
TO u Place That Gave Him
Great Prestige.
New York Commercial.

New York Commercial.
CHARLES NJ. Schwab says that he did
not try to break the bank al Monte
Carlo. That ought to settle it He
sure should know what his intentions
were. One thing is certain-the bank
at Monte Carlo did not break Mr..
schwab.
Since Mr.. Schwab became president
Of the United States Steel Corporation
at a salary romanced up all the way
to a million year ne has been one
of the most talked-of men in the Unit
ed states. and he rather likes TO be
talked about Mr.. Schwab was never
accused OF being particularly modest
or retiring. II may have been his self
confidence that has won for him his
high place in the business world and
his enormous salary.
Every men is, OF course, the archi-
tect Of his own future but at the
same time when he is Just working On
the foundation he may have little
help. Some people say that Carnegie
made Schwab." Schwab would have
shouldered himself to the front in
any company but he would hardly
have had the wealth or the position
or the reputation that he has today
had not Carnegie pushed him up
There has been all sorts of stories
told as to how Carnegie came 20 take
notice OF the boy holding an humble
place in his employ One Of the most
popular is to thu effect that once
when 2 message was 20 b. Ie'Ira--1 ~
him ar his home. Carnegie said 90 his
superintendent Don't send Up some
boy who cannot answer question
may want 10 ask some thin- 1nl
send word back by the messenger"
IAN right" answered The .up-rin-
tendent I'm send up youn- schwab.
he will talk all You want him ,o-ana
sing. too, il you give him q chance
81 shwab took the no,a Carnegie.
remembering what the superin.ndeat
had said, questioned him AM found
him ready and abla 10 tel him any
thing. He was 90 willing 10 talk ,ha.
his employer asked him to sing. H
sang an old Scotch song-and that SET
tied it,
There are strong points about this
story Schwab was undoubtedly
smart boy He would undoubtedly
have been just as willing to talk 10
hr. Carnegie as to anyone, and Just as
unembarrassed in showing what he
knew about the business: and he does
sing a little. The superintendent
might have given him a pointer rs TO
The selection Of his reDertoir.
Charles NJ Schwab was born IN VII
liamsburg. Pa. April IS. 1862. He
spent his early childhood in the village
Of Loretto Pa. He went to the village
school and afterward to St Francis :.
college. He entered the employ Of Car
f7i' Inn 'tAliF 40 q Hldht-ilf IhFF IN me
engineer corps Of the Edgar Thomp- /,
son steel works. From that time on
there was steady series Of promo
lions. He finally became suDerintend-
mt Of The Homestead works then
president Of the Carnegie stel Compa-
~ LlmitedJ and upon the absorption
Il that coruuany nv tn. T-pft.d Get. ,
aeel Corporation president Of that Z
'ast Industrial combination. schwab a
Understands the steel business. He un-
Ierstands the marketing Of -teel; he :
Understands the men who have their I
money invested in the steel business &
His business training has peen In a
he Carnegie school rather than in the o
chool Of Pierpont Morgan, and in It