Andrew Carnegie：Autobiography of Andrew Carnegie, Additional Excerpt 251

Mr. Thomson was then in Paris and I ran over there to see him. Knowing that the Pennsylvania Railroad had need for money I told him that I had recommended these securities to Mr. Morgan and if he would give me a price for them I would see if I could not sell them. He named a price which was then very high, but less than the price which these bonds have since reached. Mr. Morgan purchased part of them with the right to buy others, and in this way the whole nine or ten millions of Allegheny bonds were marketed and the Pennsylvania Railroad Company placed in funds.

Source： https://www.gutenberg.org/ebooks/17976
Locator：Additional excerpt 251 · Verified：2026-10-19 · Verification：Short excerpt

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