ILRLR 1100 Lecture Notes - Lecture 8: Henry Clay Frick, Carnegie Steel Company, Bessemer Process
27 Jun 2016
School
Department
Course
Professor
Document Summary
Carnegie, frick, steel, homestead (essay not due till 3/1 in class): Increase in productivity (measures of how efficiently additional resources are able to increase output) Factories larger (from a thousand workers to tens of thousands) and better organized. Imported from europe, can convert iron to steel faster and cheaper. Took iron puddlers (who were skilled and unionized - originally made steel) and made the process unskilled. Penniless scottish man who came to the us and started working on telegraph lines. Most of the money he made early on was through iron production and sales. 1875 - opens first steel plant, the edgar thompson works in braddock, pa. Borrows money from family to buy a lot of coal fields in pennsylvania. Thought people would need a new source of energy (other than charcoal from timber) with increasing levels of urbanization. Coal form, called coke, was used for making steel. Carnegie needs the coke from frick to make his steel.
