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By 1900 the United States was the worlds foremost industrial nation During the late 19th century with the rapid growth in industry came the rise of able and powerful businessmen Some were young men who by their boldness and vision established giant corporations and became wealthy This essay will be a closer look at one successful captains of industry It will examine how Andrew Carnegie came to be captains of industry and what there attitudes toward his attitude towards wealth was It will look at Eugene Dabs who led the fight for higher wages for railroad workers and led the socialist party And it will look at Horatio Alger the man who made his money writing about the rags to riches stories of men like Andrew Carnegie and Eugene Debs This countys rapid industrialization following the Civil War was in large measure possible because by the production of low cost steel Andrew Carnegie recognized the importance of cheep steel More than any other man Carnegie was responsible for the growth of the steel industry in the United States Born in Scotland Carnegie came to America in 1848when he was thirteen years old Young Andrew started work in a Pennsylvania cotton mill where his pay was only a dollar and twenty cents a week Later he worked in a telegraph office Then he became secretary to a railroad official He was daring and shrewd as well as hardworking He decided to his savings and future by going into a new business the manufacturing of steel by the new method discovered by Kelly and Bessemer Forming his own company he built a steel mill Carnegie soon realized the advantages in controlling all the steps in steel production Consequently he acquired vast iron ore fields in the upper Great Lakes region and built a fleet of boats These boats transported the ore to Ohio where it was reloaded for transportation by railroad to blast furnaces near Pittsburgh Carnegie
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