Andrew Carnegie：Autobiography of Andrew Carnegie, Additional Excerpt 246

I wrote the Barings from Queenstown that I had for sale a security which even their house might unhesitatingly consider. On my arrival in London I found at the hotel a note from them requesting me to call. I did so the next morning, and before I had left their banking house I had closed an agreement by which they were to bring out this loan, and that until they sold the bonds at par, less their two and a half per cent commission, they would advance the Pennsylvania Railroad Company four millions of dollars at five per cent interest. The sale left me a clear profit of more than half a million dollars.

Source： https://www.gutenberg.org/ebooks/17976
Locator：Additional excerpt 246 · Verified：2026-10-19 · Verification：Short excerpt

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