The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-11-15
Carnegie.
Schwab
Uncle ]. P. Morgan and the Part
Financiers Have Played
Bringing Fortune and
Ruin Each in Turn.
BY PERCY LYNDON 1IowARD.
(Copyright, 1908, by Central News and


Press Exchange.j
II Jury OF twelve of3the worlds nest
citizens could be secured 1t would be In
teresting to note their verdict. should
they sit In Judgment on the lives OF the
four greatest steel kings known-Carne-
gle. schwab, Bessemer and krupp--to
award praise or punishment for their ac-
com nlIshments. their multitude OF In
ventIons. the results OF these Invention
their fnanciering. the millions OF lives
that have been and are dependent upon
them for subsistence. the vast army OF
lives that have been sadly affected. also
an result OF them. the linitiess fortunes
made and lost, the happiness. the rum.
end the misery that have been forsed Dy
these men out Of the crnc'oies OF steer.
The world stands aghast at the rnaEni-
4ude OF the Industry. the influence 1t has
had among civilized and unclviized ma
lions and the stupendous audacity OF the
men at the head OF It. Still more is 1t
amazed when peep into the future Is
taken. Billions OF dollars, and millions
Of lives, cvcn now practically at the COM
u1and OF at most half dozen human
beings. and strange fortune. each sprung
from the very dregs OF poverty. each a
creature Of destiny whose history Ieaos
more like romance than like fact.
SOME STARTLING STATISTICS.
Statistics. were they carefully COM
billed, would confound and astonIsh 4
man used to dealing with the figures aven
pf national banking institutions. Take
side glance at them.
The Krupps OF Essen. have manufac-
t,red no less than 10000 gins. Every
working day 5000 tons of coke and coal
are burned-1.57o,sso tons year. At
the Essen Steel Works 3.174 tons are
burned in a day. equal to eight trains
/ OF thirty nine ten-ton wagons. more than
.he biggest Atlantic liner would con-
sumo In week. The firms collieries
produce 37o0 tons OF coal per WORKING
dny. From the FIRMS own mines l.soo
tons OF iron ore are smeled every Gay.
In a single year 53o.390.00o cubic feet u
wate. are consumed. sufficient to supply
the city OF Frankfort-on- Main. There
are 10s miles OF water pipes. The con-
sumption OF gas equals 663.so4,ooo OF
cubic feet, conveyed through 80 miles OF
ga. pipes. There are 1856 street lights
and 4l.745 in workshops. ihc Esseh
works are served by two lines OF rail-
road-one OF normal. one OF marrow
.a,,re. The nrst is SO mnes long. the
second 23 miles The first has sixteen
locomotives and 200 cars. the second 70
locomotives and 1909 cars There are
30 miles OF telcxra phs with 81 stations.
= 1,,st 22700 MESA ges were dealt N iast
year. There are s77 arc lamps and STA
inca ndescent. There are 32S telcphohe
sta tions. About 1000 telephone CONVEX.
satlons take place each DAY. mere -
/. a. f1re brigade with eight fire engines ana
n!nety.nye men. There aro l,6oo tur-
nnces. 1l3 steam hammers. 3o6 steam
boilers for stationary engines. taS steam
Anrines ranging from two to 6o0o morse
power each. 467 cranes. seven miles OF
nhafting, and 81 miles OF belts Tor driV-
ing machines. The rolling MUS turn
out enough rails in one month 70 carry
train from New York to Kansas city.
The EMPLOYEES number 4s7o0 and more
than one million people depend on THIS
nru for their daily bread. $50,
THE AMERICAN STEEL KINGS.
These are a few OF the statistics. which,
vhile stupendous, are nothing as corn
nared to those OF the United States steel
Corporation. The krupp works 90 not
he0;n 10 vie with the great American In
dustry either In volume OF production,
sales. plant, or financial backing
Bil;ions OF dollars are involved In the
xfeel Industry, while It's tentacles through
its speculative and other interests reach
n the furthermost corners OF the ealth'
indeed, 1t is questionable II ten per cent
OF the worlds population safely can Say
they are not affected In some way OF
. another by steel and the four maBIla. 10
who have figured SO pToln'non''' ~
development
Comprehensive sketches OF the lives of
4bese men, their spectacular rise in the
worlds affairs. their comet rocket-ltko
appearance on the horizon Of finance
would make volumes OF Interesting reao-
ing. Think OF Carnegie. In 1881. his NE
xyas ushered In at Dunfrmline. Scotland.
Little more than fifty years ago ne 4elt
his native land poverty stricken LAO LOT
fhe United States. To-day at Sklpo castle
re commands fortune OF more thah
5000, 900, 900. War with nations lies IN tne
hollow OF his hands. Iheh co''s'u w., :.
schwab. a lad so poor that he spent his