Carnegie writes in The Gospel of Wealth (1889): This, then, is held to be the duty of the man of Wealth: First, to set an example of modest, unostentatious living, shunning display or extravagance; to provide moderately for the legitimate wants of those dependent upon him; and after doing so to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer, in the manner which, in his judgement, is best calculated to produce the most beneficial results for the community—the man of wealth thus
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