Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1919-08-11
FAMOUS STEEL
MACNATEDEA
ATLENOXHOME
Andrew Carnegie's Death at
Lenox, Mass, Announced
Early This Morning.
WASAC GREAT LEADER
Had Been Prominent In In
dustrial Life Many Years.
fRv The Associated Press. J

LENOX, Mass, Aug 11.-Andrew
Carnegie, the famous steel magnate
and philanthrophist, died at his home
here today, his death, being caused
by bronchial pneumonia, from which
he had been suffering for some time.
For several years he has not been
actively in the business field, but has
devoted most of his time to the var
ious charities and philanthropical
movements in which he was interest
ed.
Mr.. Carnegie spent most of the
summer here, coming from New York
in May, and up to a few weeks ago
had greatly enjoyed the fishing trips
on the lake which borders his large
estate, and had also enjoyed riding
about the grounds. He was taken i'll
Friday, and steadily grew worse. His
advanced age and lessened powers of
resistance hastened the end.
His philanthropies were more ex-
tensive than any man in history. The
announcement was made receitly that
he had given away S350,693, ,633 up
to June 1, 1918, this announcement
! being made after the Carnegie en-
.dowment for international peace.
A.. Andrew Carnegie is survived by his
wife and daughter, Margaret, who
was married to Ensign Roswell Mil
Ter in New York last April. Owing
to i'll health, Mr.. Carnegie has led
secluded life for some time, and his
withdrawal from public activities gave
rise to frequent statements concern
ing his health.
Although Mr.. Carnegie, who was
in his eighty-fourth year, had been an
invalid since a severe attack of la
grippe in 1917, the news of his death
was great shock to old friends and
business associates here.
He hsd been identified so long
with the international peace move
ment~that he is said to have been
more deeply affected by the world
war than most men, as it came as a
hard blow to him and the cause
which he had so close at heart. So
sudden was his death that his daugh-
ter, Mrs. Miller, was unable to reach
her fathers bedside before the end
came. Mrs. Carnegie and Mr.. Carne-
gie's private secretary were with him
at the end.
PITTSBURG, Pa, Aug. 11.-This
city, where Andrew Carnegie laid the
foundation for his vast fortune in the
steel business, today paid tribute to
the memory of the dead magnate. All
flags were ordered at half mast, and
preparations were made to suspend
work in the steel mills and other in
dustries for the day.
NEW YORK, N. Y, Aug. 1.-THE
sudden death of Andrew Carnegie had
apparently very little effect on the
stock market. The common stock of
the United States Steel Corporation,
of which the Carnegie companies
formed an important part, showed
practically no fluctuation.
Andrew Carngie began a race
against time when, in 1901, at the
age of sixty-five, he resolved to give
away his enormous fortune. He held
it "disgraceful" for man to keep
on gathering idle millions. In the
comparatively few years which the
actuary could allow him, he would dis
embarrass' himself of practically all
he had. No man had ever launched
a philanthropic campaign of such d.
mensions.
His was then a fortune of just
about a quarter billion dollars, the
largest ever acquired by a foreign
born American, second only to the
John ID. Rockefeller wealth as the
largest individual accumulation in the
United States, and, built, as it was,
of five per cent steel bonds, it would,
without so much as turning over ones
hand, have approached half billion
by the time Carnegie could call him
self an octogenavian on November %,
1915.
To give this stupendous sum away,
in about half the time he had taken
to gather it, was a purpose Carnegie
had fairly well fulfilled when death
Continued on page five)