Andrew Carnegie：Autobiography of Andrew Carnegie, Additional Excerpt 297

This gave us more of a shock than all that had preceded, because Mr. Kloman, being a partner, had no right to invest in another iron company, or in any other company involving personal debt, without informing his partners. There is one imperative rule for men in business--no secrets from partners. Disregard of this rule involved not only Mr. Kloman himself, but our company, in peril, coming, as it did, atop of the difficulties of my Texas Pacific friends with whom I had been intimately associated. The question for a time was whether there was anything really sound. Where could we find bedrock upon which we could stand?

Source： https://www.gutenberg.org/ebooks/17976
Locator：Additional excerpt 297 · Verified：2026-10-19 · Verification：Short excerpt

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