Career · Entrepreneur memoirs

Andrew Carnegie:Autobiography of Andrew Carnegie, Additional Excerpt 263

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

During the period which these events cover I had made repeated journeys to Europe to negotiate various securities, and in all I sold some thirty millions of dollars worth. This was at a time when the Atlantic cable had not yet made New York a part of London financially considered, and when London bankers would lend their balances to Paris, Vienna, or Berlin for a shadow of difference in the rate of interest rather than to the United States at a higher rate. The Republic was considered less safe than the Continent by these good people. My brother and Mr. Phipps conducted the iron business so successfully that I could leave for weeks at a time without anxiety. There was danger lest I should drift away from the manufacturing to the financial and banking business. My successes abroad brought me tempting opportunities, but my preference was always for manufacturing. I wished to make something tangible and sell it and I continued to invest my profits in extending the works at Pittsburgh.

Source: https://www.gutenberg.org/ebooks/17976
Locator:Additional excerpt 263 · Verified:2026-10-19 · Verification:Short excerpt

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