Career · Entrepreneur memoirs
Andrew Carnegie:Autobiography of Andrew Carnegie, Additional Excerpt 306
Andrew Carnegie《Autobiography of Andrew Carnegie》· Autobiography of Andrew Carnegie · Leadership
"After the settlement had been made with the creditors of the Escanaba Company, Mr. Kloman was offered an interest by Mr. Carnegie of $100,000 in our firm, to be paid only from future profits. This Mr. Kloman declined, as he did not feel like taking an interest which formerly had been much larger. Mr. Carnegie gave him $40,000 from the firm to make a new start. This amount was invested in a rival concern, which soon closed.
Source:
https://www.gutenberg.org/ebooks/17976
Locator:Additional excerpt 306 · Verified:2026-10-19 · Verification:Short excerpt
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