Andrew Carnegie：Autobiography of Andrew Carnegie, Additional Excerpt 289

I said we would risk that. The railway company could not proceed to that extremity. And as a matter of fact we ran for some time without paying the freight bills. It was simply impossible for the manufacturers of Pittsburgh to pay their accruing liabilities when their customers stopped payment. The banks were forced to renew maturing paper. They behaved splendidly to us, as they always have done, and we steered safely through. But in a critical period like this there was one thought uppermost with me, to gather more capital and keep it in our business so that come what would we should never again be called upon to endure such nights and days of racking anxiety.

Source： https://www.gutenberg.org/ebooks/17976
Locator：Additional excerpt 289 · Verified：2026-10-19 · Verification：Short excerpt

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