"Peacock, what would you give to be made a millionaire?"

"A liberal discount for cash, sir," was the answer.

He was a partner owning a two per cent interest when the Carnegie Steel Company was merged into the United States Steel Corporation.

[36] Round the World, by Andrew Carnegie. New York and London, 1884.

[37] Published privately in 1882 under the title Our Coaching Trip, Brighton to Inverness. Published by the Scribners in 1883 under the title of An American Four-in-Hand in Britain.

[38] Ferdinand to Miranda in The Tempest.

[39] John Hay, writing to his friend Henry Adams under date of London, August 25, 1887, has the following to say about the party at Kilgraston: "After that we went to Andy Carnegie in Perthshire, who is keeping his honeymoon, having just married a pretty girl.... The house is thronged with visitors—sixteen when we came away—we merely stayed three days: the others were there for a fortnight. Among them were your friends Blaine and Hale of Maine. Carnegie likes it so well he is going to do it every summer and is looking at all the great estates in the County with a view of renting or purchasing. We went with him one day to Dupplin Castle, where I saw the most beautiful trees I ever beheld in my wandering life. The old Earl of —— is miserably poor—not able to buy a bottle of seltzer—with an estate worth millions in the hands of his creditors, and sure to be sold one of these days to some enterprising Yankee or British Buttonmaker. I wish you or Carnegie would buy it. I would visit you frequently." (Thayer, Life and Letters of John Hay, vol. II, p. 74.)

[40] "No man is a true gentleman who does not inspire the affection and devotion of his servants." (Problems of To-day, by Andrew Carnegie. New York, 1908, p. 59.)

[41] The reference is to the quotation from The Tempest on [page 214].

[42] The full statement of Mr. Phipps is as follows: