Apr 27, 2006 - Sale 2077

Sale 2077 - Lot 21

Price Realized: $ 862
?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 400 - $ 600
(BUSINESS.) CARNEGIE, ANDREW. Typed Letter Signed, to Clem Studebaker, regarding the Nicauraguan Canal and discussing American involvement with foreign possessions, expressing concern over Studebaker's expansionist philosophies and preferring isolationism. 1 page, single 4to sheet, personal stationery. New York, 2 January 1899

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" . . . I am deeply pained to read what you say about Foreign Possessions. Instead of believing as you do that 'the benefit to the natives of those 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 responsibilites 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 . . ."