Andrew Carnegie：Autobiography of Andrew Carnegie, Additional Excerpt 349

To make a ton of steel one and a half tons of iron stone has to be mined, transported by rail a hundred miles to the Lakes, carried by boat hundreds of miles, transferred to cars, transported by rail one hundred and fifty miles to Pittsburgh; one and a half tons of coal must be mined and manufactured into coke and carried fifty-odd miles by rail; and one ton of limestone mined and carried one hundred and fifty miles to Pittsburgh. How then could steel be manufactured and sold without loss at three pounds for two cents? This, I confess, seemed to me incredible, and little less than miraculous, but it was so.

Source： https://www.gutenberg.org/ebooks/17976
Locator：Additional excerpt 349 · Verified：2026-10-19 · Verification：Short excerpt

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