“Those who would administer [charity] wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity. It were better for mankind that the millions of the rich were thrown into the sea than spent to encourage the slothful, the drunken, the unworthy. Of every thousand dollars spent in so-called charity today, it is probable that nine hundred and fifty dollars is unwisely spent - so spent, indeed, as to produce the very evils which it hopes to mitigate or cure.”
Quote by Andrew Carnegie
Author
Andrew Carnegie
Andrew Carnegie, born on November 25, 1835, and died on August 11, 1919, was a renowned business magnate. He rose from a common employee in a railway company to become a leading figure in the steel industry. Carnegie achieved great success in business, but he is also known for his charitable endeavors, donating a substantial amount of money to education, libraries, and public welfare. more
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