Andrew Carnegie：Autobiography of Andrew Carnegie, Additional Excerpt 336

While testing the ores of Virginia we found that these were being quietly purchased by Europeans for ferro-manganese, the owners of the mine being led to believe that they were used for other purposes. Our Mr. Phipps at once set about purchasing that mine. He obtained an option from the owners, who had neither capital nor skill to work it efficiently. A high price was paid to them for their interests, and (with one of them, Mr. Davis, a very able young man) we became the owners, but not until a thorough investigation of the mine had proved that there was enough of manganese ore in sight to repay us. All this was done with speed; not a day was lost when the discovery was made. And here lies the great advantage of a partnership over a corporation. The president of the latter would have had to consult a board of directors and wait several weeks and perhaps months for their decision. By that time the mine would probably have become the property of others.

Source： https://www.gutenberg.org/ebooks/17976
Locator：Additional excerpt 336 · Verified：2026-10-19 · Verification：Short excerpt

公版传记；原文逐字取自 Project Gutenberg，仅摘录段落并附全书链接。

This text is in the public domain. The edition and source link are above. Copyright

← Back to the library