Freedom: A History of US.
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Webisode 9: Working for Freedom
Introduction Segment 1 Segment 2 Segment 3 Segment 4 Segment 5 Segment 6 Segment 7 Segment 8

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Poor Carnegie
Segment 3
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But when the most successful banker in America, J. Pierpont Morgan, offered to buy Carnegie out, he finally decided to change his way of life. It was 1901, nine years after the Homestead strike, and Carnegie was sixty-six. The sale would make him one of the richest men in the world. Maybe he remembered the note he wrote at thirty-three. He sold his business interests and began a new career—giving away his money. See It Now - Carnegie Cartoon

Carnegie now said that millionaires had a duty to distribute their wealth while they were still alive Check The Source - "Wealth": An Essay by Andrew Carnegie in the NORTH AMERICAN REVIEW. Hear It Now - Andrew Carnegie "The man who dies rich dies disgraced," he said. He began by building libraries in towns all across the country—3,000 of them, costing nearly $60 million See It Now - A Carnegie Library. He gave money to colleges and schools and artists and writers. And he founded three institutes—one to promote peace, one to improve teaching, and one to try to make the world better through science. One day he asked his assistant how much he had given away. It was $324,657,399. Carnegie gasped when he heard the number. Hear It Now - Andrew Carnegie "Good heavens! Where did I ever get all that money?" he said.

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Did You Know?
The Gilded Age brought change for middle-class people as well as for rich and poor. City folk who had Sundays off could buy a train or trolley ticket and go to the country or the beach. Vacations became a part of the lives of ordinary people for the first time.

Did you know that Freedom is adapted from the award-winning Oxford University Press multi-volume book series, A History of US by Joy Hakim?

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