His price for Carnegie Steel was $480 million, an amount that Mr. Morgan accepted without any debate.

Carnegie Steel had an exclusive 999 year lease to the PS&LE.

Frick, the chairman of Carnegie Steel, was an avid art collector with impeccable taste, and it's all on view here.

After the men returned to work, Carnegie Steel operated "a sophisticated internal espionage system that monitored the work and leisure habits of its employees."

Many were connected through business and social links to Carnegie Steel.

After selling his stock in Carnegie Steel, Phipps became a leading advocate of housing for the poor and a major philanthropist.

Carnegie Steel made major technological innovations in the 1880s, especially the installation of the open-hearth system at Homestead in 1886.

If no contract was reached, Carnegie Steel would cease to recognize the union.

Carnegie Steel remained nonunion for the next 40 years.

Charles M. Schwab of Carnegie Steel proposed a solution: consolidation.