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Andrew Carnegie, circa 1896.
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Portrait of Andrew Carnegie

Credit: Courtesy of Columbia University, Rare Book and Manuscript Library, Carnegie Collections.

"The man who dies thus rich dies disgraced." So wrote Andrew Carnegie in the first of a series of essays he would publish as The Gospel of Wealth in 1900. Having "resolved to stop accumulating," Carnegie in 1901 sold his steel empire to financier J. P. Morgan and devoted the rest of his life to what he called "the infinitely more serious and difficult task of wise distribution."

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