The boys' life of EdisonMeadowcroft, Wm. H. (William Henry)
General
The boys' life of Edison
Meadowcroft, Wm. H. (William Henry)
Edison, Thomas A. (Thomas Alva), 1847-1931 -- Juvenile literature
"My friend Adams was working in the Franklin Telegraph Company, which
competed with the Western Union. Adams was laid off, and as his
financial resources had reached absolute zero centigrade, I undertook
to let him sleep in my hall bedroom. I generally had hall bedrooms,
because they were cheap and I needed money to buy apparatus. I also
had the pleasure of his genial company at the boarding-house about a
mile distant, but at the sacrifice of some apparatus. One morning, as
we were hastening to breakfast, we came into Tremont Row, and saw a
large crowd in front of two small 'gents'' furnishing goods stores. We
stopped to ascertain the cause of the excitement. One store put up a
paper sign in the display window which said, 'Three hundred pairs of
stockings received this day, five cents a pair--no connection with the
store next door.' Presently the other store put up a sign stating they
had received three hundred pairs, price three cents a pair, also that
they had no connection with the store next door. Nobody went in. The
crowd kept increasing. Finally, when the price had reached three pairs
for one cent, Adams said to me: I can't stand this any longer; give me
a cent.' I gave him a cent, and he elbowed his way in; and throwing
the money on the counter, the store being filled with women clerks, he
said, 'Give me three pairs.' The crowd was breathless, and the girl
took down a box and drew out three pairs of baby socks. 'Oh!' said
Adams, 'I want men's size.' 'Well, sir, we do not permit one to pick
sizes for that amount of money.' And the crowd roared, and this broke
up the sales."
During Edison's first stay in Boston he began to weary of the
monotonous routine of a telegraph operator's life and took steps to
establish himself in an independent business. It was at this point that
he began his career as an inventor.
He says: "After the vote recorder I invented a stock ticker, and
started a ticker service in Boston, had thirty or forty subscribers,
and operated from a room over the Gold Exchange. This was about a year
after Callahan started in New York."
It has been generally supposed that Edison did not take up stock ticker
work until he left Boston finally and went to New York in 1869. But the
above shows that he actually started a ticker service in Boston in 1868.
The stock ticker had been invented about a year before, 1867, by E.
A. Callahan, and had then been introduced into service in New York.
Its success was immediate, and it became the common ambition of every
operator to invent a new ticker, as there seemed to be a promise of
great wealth in this direction. Edison, however, was about the only one
in Boston who seems to have achieved any tangible result.
Public-domain text, read in full here on John Shaqi.
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