The article was subsequently reprinted under the title “The Gospel of Wealth”,
and it brought Carnegie greater fame than he had ever before enjoyed. The
tycoon ...
HOMEWORK 4A: THE GOSPEL OF WEALTH BY ANDREW CARNEGIE
NAME _____________________PERIOD ______ DATE ________ “THE MAN WHO DIES THUS RICH DIES DISGRACED”, Andrew Carnegie, 1889. PHILANTHROPY – giving money for humanitarian purposes to help out those less fortunate. Industrialist Andrew Carnegie had a fortune of about $30 million and an annual income of $1.85 million when his essay first appeared in the North American Review in June 1889. The article was subsequently reprinted under the title “The Gospel of Wealth”, and it brought Carnegie greater fame than he had ever before enjoyed. The tycoon practiced, as well as preached, these words. The largest of his foundation’s was called the Carnegie Corporation of New York. He gave $125 million to them and the undistributed portion of his estate, so that it could continue after his death.
QUOTATIONS FROM THE GOSPEL OF WEALTH QUOTE ONE: “There are but three modes in which surplus wealth can be disposed of. It can be left to the families of the decedent (rich guy); or it can be bequeathed (given away) for public purposes, or finally it can be administered during their lives by its possessors…” 1. What are the three options that Carnegie gives for giving away your wealth?
_____________________________________________ _____________________________________________________ Option One
Option Two ____________________________________________________
____________________________________________________________ Option Three __________________________________________________________
QUOTE TWO: ”…the duty of the man of Wealth…to set an example of
modest living, shunning (not doing) display or extravagance; to provide moderately for the legitimate wants of those dependent upon him…” 2. How does Carnegie feel the rich man should spend his money _____________ ____________________________________________________________
QUOTE THREE: “…In bestowing (giving) charity, the main consideration should be to help those who will help themselves; to provide part of the means by which those who desire to improve may do so”
3. Andrew Carnegie spent millions on building libraries all around the northeast. Explain how this quote supports that idea. __________________________ ____________________________________________________________
4. How does this cartoon demonstrate Carnegie’s Gospel of Wealth essay?
