Career · Entrepreneur memoirs
Andrew Carnegie:Autobiography of Andrew Carnegie, Additional Excerpt 279
Andrew Carnegie《Autobiography of Andrew Carnegie》· Autobiography of Andrew Carnegie · Leadership
I had not failed to notice the growth of the Bessemer process. If this proved successful I knew that iron was destined to give place to steel; that the Iron Age would pass away and the Steel Age take its place. My friend, John A. Wright, president of the Freedom Iron Works at Lewiston, Pennsylvania, had visited England purposely to investigate the new process. He was one of our best and most experienced manufacturers, and his decision was so strongly in its favor that he induced his company to erect Bessemer works. He was quite right, but just a little in advance of his time. The capital required was greater than he estimated. More than this, it was not to be expected that a process which was even then in somewhat of an experimental stage in Britain could be transplanted to the new country and operated successfully from the start. The experiment was certain to be long and costly, and for this my friend had not made sufficient allowance.
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https://www.gutenberg.org/ebooks/17976
Locator:Additional excerpt 279 · Verified:2026-10-19 · Verification:Short excerpt
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