[Autobiography of Andrew Carnegie by Andrew Carnegie]@TWC D-Link bookAutobiography of Andrew Carnegie CHAPTER XI 32/33
Mr.Pullman was ignorant of the matter and as indignant as myself, and I believe that he at once re-invested his profits in the shares of the Union Pacific. I felt that much as I wished to do this and to repudiate what had been done, it would be unbecoming and perhaps ungrateful in me to separate myself so distinctly from my first of friends, Mr.Scott. At the first opportunity we were ignominiously but deservedly expelled from the Union Pacific board.
It was a bitter dose for a young man to swallow.
And the transaction marked my first serious difference with a man who up to that time had the greatest influence with me, the kind and affectionate employer of my boyhood, Thomas A.Scott.
Mr.Thomson regretted the matter, but, as he said, having paid no attention to it and having left the whole control of it in the hands of Mr.Scott and myself, he presumed that I had thought best to sell out.
For a time I feared I had lost a valued friend in Levi P.Morton, of Morton, Bliss & Co., who was interested in Union Pacific, but at last he found out that I was innocent. The negotiations concerning two and a half millions of bonds for the construction of the Omaha Bridge were successful, and as these bonds had been purchased by persons connected with the Union Pacific before I had anything to do with the company, it was for them and not for the Union Pacific Company that the negotiations were conducted.
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