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
The ceremony of identification performed with the paying teller, who
was quite merry over the incident, Edison was given the amount in
bundles of small bills "until there certainly seemed to be one cubic
foot." Unaware that he was the victim of a practical joke, Edison
proceeded gravely to stow away the money in his overcoat pockets and
all his other pockets. He then went to Newark and sat up all night with
the money for fear it might be stolen. Once more he sought help next
morning, when the General laughed heartily, and, telling the clerk that
the joke must not be carried any further, enabled him to deposit the
currency in the bank and open an account--his first bank account.
Thus in a very brief time Edison had passed from poverty to
independence. Not only that, but he had made a deep impression as to
his originality and ability on important people, and had brought out
valuable inventions. Thus he lifted himself at one hound out of the
ranks and away from the drudgery of the key.
Many young men of twenty-two would have been so dazzled by coming
suddenly into possession of forty thousand dollars after a period of
poverty, struggle, and hard work, that their main ideas would have been
of recreation and pleasure. Not so with Edison, however. Naturally
enterprising and a pioneer, this money meant to him nothing but means
to an end.
He bought some machinery and opened a small shop and got work for it.
Very quickly he was compelled to move to larger quarters. Nos. 10
and 12 Ward Street, Newark, New Jersey. He secured large orders from
General Lefferts to build stock tickers, and employed fifty men.
As business increased he put on a night force, and was his own foreman
in both shifts. Half an hour of sleep three or four times in the
twenty-four hours was all he needed. His force increased to one hundred
and fifty men, and, besides superintending all the work day and night,
he was constantly making new inventions in the lines on which he was
then working, which was chiefly stock tickers.
Public-domain text, read in full here on John Shaqi.
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