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

CHAPTER XII
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A price might be offered for these bonds which might tempt the company to sell them, and that at the moment there appeared to be such a demand for American securities that no doubt they could be floated.

I would write a prospectus which I thought would float the bonds.

After examining the matter with his usual care he decided that he would act upon my suggestion.
Mr.Thomson was then in Paris and I ran over there to see him.

Knowing that the Pennsylvania Railroad had need for money I told him that I had recommended these securities to Mr.Morgan and if he would give me a price for them I would see if I could not sell them.

He named a price which was then very high, but less than the price which these bonds have since reached.


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