Edison, Thomas A. (Thomas Alva), 1847-1931; Inventors -- United States -- Biography
Of this period and his association with Jay Gould, some very interesting
glimpses are given by Edison. "While engaged in putting in the automatic
system, I saw a great deal of Gould, and frequently went uptown to his
office to give information. Gould had no sense of humor. I tried several
times to get off what seemed to me a funny story, but he failed to see
any humor in them. I was very fond of stories, and had a choice
lot, always kept fresh, with which I could usually throw a man into
convulsions. One afternoon Gould started in to explain the great future
of the Union Pacific Railroad, which he then controlled. He got a map,
and had an immense amount of statistics. He kept at it for over four
hours, and got very enthusiastic. Why he should explain to me, a mere
inventor, with no capital or standing, I couldn't make out. He had a
peculiar eye, and I made up my mind that there was a strain of insanity
somewhere. This idea was strengthened shortly afterward when the Western
Union raised the monthly rental of the stock tickers. Gould had one in
his house office, which he watched constantly. This he had removed,
to his great inconvenience, because the price had been advanced a few
dollars! He railed over it. This struck me as abnormal. I think Gould's
success was due to abnormal development. He certainly had one trait
that all men must have who want to succeed. He collected every kind of
information and statistics about his schemes, and had all the data. His
connection with men prominent in official life, of which I was aware,
was surprising to me. His conscience seemed to be atrophied, but that
may be due to the fact that he was contending with men who never had any
to be atrophied. He worked incessantly until 12 or 1 o'clock at night.
He took no pride in building up an enterprise. He was after money, and
money only. Whether the company was a success or a failure mattered not
to him. After he had hammered the Western Union through his opposition
company and had tired out Mr. Vanderbilt, the latter retired from
control, and Gould went in and consolidated his company and controlled
the Western Union. He then repudiated the contract with the Automatic
Telegraph people, and they never received a cent for their wires or
patents, and I lost three years of very hard labor. But I never had any
grudge against him, because he was so able in his line, and as long as
my part was successful the money with me was a secondary consideration.
When Gould got the Western Union I knew no further progress in
telegraphy was possible, and I went into other lines." The truth is
that General Eckert was a conservative--even a reactionary--and being
prejudiced like many other American telegraph managers against "machine
telegraphy," threw out all such improvements.
Public-domain text, read in full here on John Shaqi.
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