Andrew Carnegie：Autobiography of Andrew Carnegie, Additional Excerpt 280

At a later date, when the process had become established in England, capitalists began to erect the present Pennsylvania Steel Works at Harrisburg. These also had to pass through an experimental stage and at a critical moment would probably have been wrecked but for the timely assistance of the Pennsylvania Railroad Company. It required a broad and able man like President Thomson, of the Pennsylvania Railroad, to recommend to his board of directors that so large a sum as six hundred thousand dollars should be advanced to a manufacturing concern on his road, that steel rails might be secured for the line. The result fully justified his action.

Source： https://www.gutenberg.org/ebooks/17976
Locator：Additional excerpt 280 · Verified：2026-10-19 · Verification：Short excerpt

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