Through his investments and cooperation, Carnegie was wealthy enough to co-found his first steel company, just outside of Pittsburgh, in his early thirties. He remodeled the steel industry as he used vertical integration and maximized his profits. Before retirement, Carnegie basically owned an empire. After retirement, however, Carnegie was less concerned about his riches and more concerned about others. He wrote an essay called “The
Carnegie returned almost $300 million of his wealth to other people by establishing trust funds and making donations to other charitable organizations he supported. He also believed in predestination of wealth. It was his belief that it was of God’s will for him to be wealthy. Eugene V. Debs became founder of the American Railway Union after years of hard work in the railroad industry. Debs ran as a presidential candidate for the socialist party in five different presidential elections.
Her brother Robert Hyde was a merchant in Manchester. He imported linen thread from Ireland and used weavers in Lancashire to turn it into cloth. When Samuel was orphaned he joined his uncle, Robert Hyde’s company in Manchester. There he learnt a lot about the cotton trade. Samuel inherited £300 when his father died, but following his uncles death, he was left £30,000.
The team of these three men slowly took over control and Gould became the president. Gould lost his reputation while dealing with gold because of the stock market crashed and treasury department sold all the enough gold in order to break gold prices. Then Gould started dealing stocks, especially railroad stocks. Obviously Jay Gould wanted the railroad empire. Gould became an expert in managing the complications of railroad.
Biography of Allan Pinkerton Allan Pinkerton’s History 7/24/2011 Axia College Debbie Dennis Allan J. Pinkerton was born in Glasgow, Scotland on August 25, 1819 and died in Chicago, Illinois on July 1, 1884 at the age of 64. He was the son of a police sergeant that was disabled due to work related injuries. Pinkerton began to work as an apprentice barrel maker to support the family, but a short while later joined a political group (Chartist Movement) dedicated to improve work conditions for the poor. On the run, Pinkerton at the age of 28, and his new bride of only one day fled to Canada in 1842, where a shipwreck off the coast of Nova Scotia left them without any means supporting themselves. He then for a year began to work as cooper for a brewery in Chicago, though still dreaming of starting his own business.
born in Galesburg,Illinois,on January 6, 1878 to illiterate parents. His was the son of August and Clara Sandburg. His parents had emigrated to America from the north of Sweden. Eager to be brought into the American society, he [Americanized] his name from Carl to Charles.He formaly graduated from the eight grade, and at the age of thirteen he left school and began driving a milk wagon. He mostly worked as a field laborer, factories, newsboy, bottle washer, potter’s assistant, icehouse worker, painters apprentice and odd jobs to support himself.
During his early years, Ehrich sold newspapers and shined shoes to help support the family. Then on October 28, 1883, nine year old Ehrich made his first appearance on stage, performing a trapeze act. He called himself Ehrich, The Prince of Air. When Ehrich was 12 he hopped a freight car and ran away from home. A year later he came back to New York and continued to help support his family by working as a messenger, necktie cutter, and photography assistant.
Honest Abe Abraham Lincoln is famous for wearing the tallest hats, but was most influential for his accomplishment for reuniting the country. Abraham Lincoln was born on February 12, 1809 near Hodgenville, Kentucky. As a child, he was a bibliophile. The white house took in his wife, and two young sons, because one of them had pasted away. His political party was Republican serving only two terms, as he was assassinated on April 15, 1865.
Rao Shaharyar 4/18/09 Public Speaking Tribute Speech: John Davison Rockefeller On July 8, 1839 an unknown child was born to a low middle class family in Richford, New York. A poor man, who started with nothing but a belief in God and a thirst for success ended up with one of the world’s largest concentrations of wealth and power in history. Yes, I am talking about none other then the great oil czar and philanthropic, John Davison Rockefeller. Today I am standing here at this very podium in front of you, not to showcase the amount of power and wealth that Rockefeller had accumulated over his life time, but how he used that power and wealth for a better cause, a better society and for a better America. At the age of 14 Rockefeller and his family moved to Ohio, Cleveland.
From 1979 to 2006, the financial industry’s share in the nation’s corporate profits grew from a fifth to almost a third. By 2006, bankers and insurers were making 70 percent more, on average, than workers in the rest of the private sector. Then they set off again one of the worst financial crises since the Great Depression, and taxpayers bailed them out. The corruption is just not limited to Wall Street but also politicians who made money off of looking the other way. My input on this is that we did not learn anything from the crash of the stock market in 1929.