Career · Entrepreneur memoirs

Andrew Carnegie:Autobiography of Andrew Carnegie, Additional Excerpt 210

Andrew Carnegie《Autobiography of Andrew Carnegie》· Autobiography of Andrew Carnegie · Leadership

I was always advising that our iron works should be extended and new developments made in connection with the manufacture of iron and steel, which I saw was only in its infancy. All apprehension of its future development was dispelled by the action of America with regard to the tariff upon foreign imports. It was clear to my mind that the Civil War had resulted in a fixed determination upon the part of the American people to build a nation within itself, independent of Europe in all things essential to its safety. America had been obliged to import all her steel of every form and most of the iron needed, Britain being the chief seller. The people demanded a home supply and Congress granted the manufacturers a tariff of twenty-eight per cent _ad valorem_ on steel rails--the tariff then being equal to about twenty-eight dollars per ton. Rails were selling at about a hundred dollars per ton, and other rates in proportion.

Source: https://www.gutenberg.org/ebooks/17976
Locator:Additional excerpt 210 · Verified:2026-10-19 · Verification:Short excerpt

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