The inside history of the Carnegie Steel Company, a romance of millions . ectionwith again, the building of a rival mill. And so, regarding itas a most hazardous enterprise, Andrew Carnegie foundhimself fortuitously and complainingly thrust upon a road whichwas to lead him to a fortune of $250,000,000. The Cyclops ]\Iill was built on five acres of land leased fromthe Denny estate, which paid $5,000 to recover the leases heldby the market-gardener whose cabbages Miller dug up to makeroom for his foundations. The annual rental was $2,000 fortwenty-one years, with a right of renewal for a similar
The inside history of the Carnegie Steel Company, a romance of millions . ectionwith again, the building of a rival mill. And so, regarding itas a most hazardous enterprise, Andrew Carnegie foundhimself fortuitously and complainingly thrust upon a road whichwas to lead him to a fortune of $250,000,000. The Cyclops ]\Iill was built on five acres of land leased fromthe Denny estate, which paid $5,000 to recover the leases heldby the market-gardener whose cabbages Miller dug up to makeroom for his foundations. The annual rental was $2,000 fortwenty-one years, with a right of renewal for a similar term at -4 A MOST HAZARDOrS EXTERPRISE the rate which should be found current in the 1884 the Dennys ascertained that rentals of adjoining prop-erty had increased fifteen-fold in twenty years. So they de-manded 325,000 a year for the old-time cabbage-patch, butfinally accepted $12,000. Additions have been made from timeto time to the original five-acre tract by purchase and by fillingin the river front, until the Upper Union Mills now cover PITTSBURG. The Allegheny River on the readers left, the Monongahela on the right. Theyform the Ohio at their junction. The first Kloman forge was at the (left) end of thefurthest bridge up the Allegheny, seen in the above illustration. The second Klomanforge was almost opposite, on the Pittsburg side of the river. CHAPTER III
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