[Autobiography of Andrew Carnegie by Andrew Carnegie]@TWC D-Link book
Autobiography of Andrew Carnegie

CHAPTER XII
16/28

But nothing in the world would ever induce me to be guilty of endorsing the paper of that construction company or of any other concern than our own firm.
I knew that it would be impossible for me to pay the Morgan loan in sixty days, or even to pay my proportion of it.

Besides, it was not that loan by itself, but the half-dozen other loans that would be required thereafter that had to be considered.

This marked another step in the total business separation which had to come between Mr.
Scott and myself.

It gave more pain than all the financial trials to which I had been subjected up to that time.
It was not long after this meeting that the disaster came and the country was startled by the failure of those whom it had regarded as its strongest men.

I fear Mr.Scott's premature death[32] can measurably be attributed to the humiliation which he had to bear.


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