henry clay frick: industrialist

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MARSHALL HILBERT Henry Clay Frick: Industrialist

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Henry Clay Frick: Industrialist. Marshall Hilbert. Early Life. Born: December 19, 1849 Hometown: West Overton, Pa 40 miles SE of Pittsburgh Family originated from Swiss and German ancestors but he himself was born in the U.S. - PowerPoint PPT Presentation

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Page 1: Henry Clay Frick: Industrialist

MARSHALL HILBERT

Henry Clay Frick:Industrialist

Page 2: Henry Clay Frick: Industrialist

Early Life

Born: December 19, 1849Hometown: West Overton, Pa

40 miles SE of PittsburghFamily originated from Swiss and German

ancestors but he himself was born in the U.S.His parents were farmers but his grandpa

was a successful miller and distiller

Page 3: Henry Clay Frick: Industrialist

First Jobs

Very little formal educationWorked for his grandpa as a bookkeeper/

accountant

Page 4: Henry Clay Frick: Industrialist

First Business Venture

Realized the potential of coal found near his home town

Opened Frick and Co. with two cousins and a friend along with the help of banker Thomas Mellon

Used capital to purchase coal lands and build ovens

Page 5: Henry Clay Frick: Industrialist

Frick and Co.

Frick and Co. threw all profits into purchasing more coal fields, furnaces, and ovens.

The company eventually controlled 80% of regional output

Henry bought out the other investors and renamed the company H.C. Frick and Co.

Page 6: Henry Clay Frick: Industrialist

Carnegie Steel

Carnegie acquired interest in H.C. Frick and Co and Henry did the same in Carnegie Steel- Pittsburgh

Carnegie retired and Frick became the chairman of Carnegie Steel Helped with vertical integration

Page 7: Henry Clay Frick: Industrialist

Homestead Strike

Strike at the Homestead Mill Frick called in 300 strike busters and Pinkerton

Agents to quell the riots As many as ten died and upwards of fifty

were injuredFrick was shot twice and stabbed repeatedly

by an anarchist and union supporter but lived

Page 8: Henry Clay Frick: Industrialist

Frick

Frick died in 1919 Left behind $50 million Nearly $42 million was donated plus his home and art

collection

Page 9: Henry Clay Frick: Industrialist

Here you can see what is assumed to be H.C. Frick guarding the Carnegie Steel Works, most likely the Homestead Mill. You can see that Frick is using the steel producing plant to make weapons like the cannons and pitch which would be used against strikers attempting to re-enter the mill. The fact that he is guarding a castle reinforces the author’s opinion that Frick and Carnegie are “Robber Barons”.

Political Cartoon

Page 10: Henry Clay Frick: Industrialist

Works Cited

"Henry Clay Frick - People of Pennsylvania." 50 States - Capitals, Maps, Geography, State Symbols, State Facts, Songs, History, Famous People from NETSTATE.COM. Web. 03 Feb. 2012. <http://www.netstate.com/states/peop/people/pa_hcf.htm>.

"Henry Clay Frick Biography." Biography. Web. 03 Feb. 2012. <http://biography.yourdictionary.com/henry-clay-frick>.

"6.1.1 Carnegie (Practice 2) - K.C. Schwartz." K.C. Schwartz - Welcome! Web. 03 Feb. 2012. <http://kcschwartz.weebly.com/611-carnegie-practice-2.html>.