Who would like to teach me something about Charles M. Schwab 's speech.
What are the relations between Charles M. Schwab and Mr.Andrew Carnegie .
What is Charles M. Schwab's idea for steel company. Did Morgan fund the plan?
I got confusd about the book as I know a little about the backgrounds of those famouse persons.
and I can't understand the following texts:
""The magic of the Schwab personality had been turned on, full force, but what was more important and lasting was the full-fledged, clear-cut program he laid down for the aggrandizement of Steel. Many other men had tried to interest Morgan in slapping together a steel trust after the pattern of the biscuit, wire and hoop, sugar, rubber, whisky, oil or chewing gum combinations. John W. Gates, the gambler, had urged it, but Morgan distrusted him. The Moore boys, Bill and Jim, Chicago stock jobbers who had glued together a match trust and a cracker corporation, had urged it and failed. Elbert H. Gary, the sanctimonious country lawyer, wanted to foster it, but he wasn't big enough to be impressive. Until Schwab's eloquence took J. P. Morgan to the heights from which he could visualize the solid results of the most daring financial undertaking ever conceived, the project was regarded as a delirious dream of easy-money crackpots"
Does that mean they used to have many plans.
I am so sorry for so many questions at one time. but please help me!