

One cartoon portrayed him as giving with one hand and taking away with the other. Morgan, Carnegie set about his philanthropic work in earnest. In 1901, after selling his substantial assets to financial titan J.P. Later, some communities in Pennsylvania would recall such anti-labor actions when they refused the offer of one of Carnegie’s libraries. Led by the Amalgamated Association of Iron and Steel Workers, the strike ended after the National Guard intervened and broke the union.

The violent but brief revolt was sparked by wage cuts. However, this sense of humanitarian largesse did not prevent him and his manager Henry Clay Frick from putting down the strike at his steel plant in Homestead, Pennsylvania in 1892. Carnegie saw philanthropy as a moral imperative. In the case of Carnegie, he sponsored worthy endeavors such as the proliferation of community libraries and other projects that would avail opportunities to citizens for recreation and self-improvement. Tax exempt foundations and the sober trustees selected to run such enterprises would wisely choose where lavish streams of financial support should flow.

He urged that it was those who, like himself, had amassed great fortunes - not a democratically elected government - who were best suited to determine how vast amounts of money should be disbursed. Neither was he inclined to dole out charity directly to the needy. Known as “The Gospel of Wealth,” Carnegie made known his aversion to leaving large sums to one’s descendants. In 1889, opulent industrialist Andrew Carnegie penned the foundation statement of the modern philanthropic movement.
