814. ANDREW CARNEGIE (1835 - 1919) American industrialist and philanthropist who built a fortune on investments in what later became U.S. Steel. T.L.S. 1p. 4to., New York, Jan. 2, 1899, to Clement Studebaker, regarding the Nicaraguan Canal. In part: "...I am deeply pained to read what you say about the Foreign Possessions. Instead of believing as you do that 'the benefit to the natives of the islands, and the advantages to this government will justify all the sacrifice, expense and trouble', I believe that the influence of a superior upon an inferior race is injurious to both, and that the greatest mistake that this Republic has ever made is that which carries with it the responsibilities of possessions upon a Foreign continent...our honor is now pawned 14,000 miles away from the Atlantic seaboard, and we shall certainly be drawn into the interminable wars of Europe...". Fine.         $1,000 - 1,200