Career · Entrepreneur memoirs

Andrew Carnegie:Autobiography of Andrew Carnegie, Additional Excerpt 281

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

Our friends of the Cambria Iron Company at Johnstown, near Pittsburgh--the principal manufacturers of rails in America--decided to erect a Bessemer plant. In England I had seen it demonstrated, at least to my satisfaction, that the process could be made a grand success without undue expenditure of capital or great risk. Mr. William Coleman, who was ever alive to new methods, arrived at the same conclusion. It was agreed we should enter upon the manufacture of steel rails at Pittsburgh. He became a partner and also my dear friend Mr. David McCandless, who had so kindly offered aid to my mother at my father's death. The latter was not forgotten. Mr. John Scott and Mr. David A. Stewart, and others joined me; Mr. Edgar Thomson and Mr. Thomas A. Scott, president and vice-president of the Pennsylvania Railroad, also became stockholders, anxious to encourage the development of steel. The steel-rail company was organized January 1, 1873.

Source: https://www.gutenberg.org/ebooks/17976
Locator:Additional excerpt 281 · Verified:2026-10-19 · Verification:Short excerpt

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