of this practice, though. The Homestead strike was partly caused by this practice and the fact that Carnegie and Frick wanted to eliminate the union. Many live were lost in this battle which started when Frick ordered the Pinkertons to come down river on barges and attempt to be smuggled in to the plant and re-open the plant with non-union workers. The plan didn't work. After the strike there were some years (1893-1894) that were considered depression years. Carnegie pushed through these tough time and managed to push costs down even more and come out with an amazing $4,000,000 net profit; the next closest competitor had a $1,000,000 loss for the same time period. Andrew was quite amazing in his ability to make money. His company posted record profits in the next few years topping out at $40M in 1900. After a meeting with Charles Schwab in Jan. of 1901, Carnegie decided to sell out. He sold his company to J.P.Morgan for $480,000,000. The sale of this company was combined with another company to become United States Steel. Much of his fortune was given away in the years that followed. This gave him inner peace. He gave libraries, church organs, and founded institutes and established schools. He passed away on August 11, 1919; and he had given it all away....
