Edison, His Life and Inventions [52]
the contract was handed to me. I signed without reading it." Edison was then handed the first check he had ever received, one for $40,000 drawn on the Bank of New York, at the corner of William and Wall Streets. On going to the bank and passing in the check at the wicket of the paying teller, some brief remarks were made to him, which in his deafness he did not understand. The check was handed back to him, and Edison, fancying for a moment that in some way he had been cheated, went outside "to the large steps to let the cold sweat evaporate." He then went back to the General, who, with his secretary, had a good laugh over the matter, told him the check must be endorsed, and sent with him a young man to identify him. 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.
Thus in an inconceivably brief time had Edison passed from poverty to independence; made a deep impression as to his originality and ability on important people, and brought out valuable inventions; lifting himself at one bound out of the ruck of mediocrity, and away from the deadening drudgery of the key. Best of all he was enterprising, one of the leaders and pioneers for whom the world is always looking; and, to use his own criticism of himself, he had "too sanguine a temperament to keep money in solitary confinement." With quiet self-possession he seized his opportunity, began to buy machinery, rented a shop and got work for it. Moving quickly into a larger shop, 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 on both shifts. Half an hour of sleep three or four times in the twenty- four hours was all he needed in those days, when one invention succeeded another with dazzling rapidity, and when he worked with the fierce, eruptive energy of a great volcano, throwing out new ideas incessantly with spectacular effect on the arts to which they related. It has always been a theory with Edison that we sleep altogether too much; but on the other hand he never, until long past fifty, knew or practiced the slightest moderation in work or in the use of strong coffee and black cigars. He has, moreover, while of tender and kindly disposition, never hesitated to use men up as freely as a Napoleon or Grant; seeing only the goal of a complete invention or perfected de- vice, to attain which all else must become subsidiary. He gives a graphic picture of his first methods as a manufacturer: "Nearly all my men were on piece work, and I allowed them to make good wages, and never cut until the pay became absurdly high as they got more expert. I kept no books. I had two hooks. All the bills and accounts I owed I jabbed on one hook; and memoranda of all owed to myself I put on the other. When some of the bills fell due, and I couldn't deliver tickers to get a supply of money, I gave a note. When the notes were due, a messenger came around from the bank with the note and a protest pinned to it for $1.25. Then I would go to New York and get an advance, or pay the note if I had the money. This method of giving notes for my accounts and having all notes protested I kept up over two years, yet my credit was fine. Every store I traded with was always glad to furnish goods, perhaps in amazed admiration of my system of doing business, which was certainly new." After a while Edison got a bookkeeper, whose vagaries made him
Thus in an inconceivably brief time had Edison passed from poverty to independence; made a deep impression as to his originality and ability on important people, and brought out valuable inventions; lifting himself at one bound out of the ruck of mediocrity, and away from the deadening drudgery of the key. Best of all he was enterprising, one of the leaders and pioneers for whom the world is always looking; and, to use his own criticism of himself, he had "too sanguine a temperament to keep money in solitary confinement." With quiet self-possession he seized his opportunity, began to buy machinery, rented a shop and got work for it. Moving quickly into a larger shop, 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 on both shifts. Half an hour of sleep three or four times in the twenty- four hours was all he needed in those days, when one invention succeeded another with dazzling rapidity, and when he worked with the fierce, eruptive energy of a great volcano, throwing out new ideas incessantly with spectacular effect on the arts to which they related. It has always been a theory with Edison that we sleep altogether too much; but on the other hand he never, until long past fifty, knew or practiced the slightest moderation in work or in the use of strong coffee and black cigars. He has, moreover, while of tender and kindly disposition, never hesitated to use men up as freely as a Napoleon or Grant; seeing only the goal of a complete invention or perfected de- vice, to attain which all else must become subsidiary. He gives a graphic picture of his first methods as a manufacturer: "Nearly all my men were on piece work, and I allowed them to make good wages, and never cut until the pay became absurdly high as they got more expert. I kept no books. I had two hooks. All the bills and accounts I owed I jabbed on one hook; and memoranda of all owed to myself I put on the other. When some of the bills fell due, and I couldn't deliver tickers to get a supply of money, I gave a note. When the notes were due, a messenger came around from the bank with the note and a protest pinned to it for $1.25. Then I would go to New York and get an advance, or pay the note if I had the money. This method of giving notes for my accounts and having all notes protested I kept up over two years, yet my credit was fine. Every store I traded with was always glad to furnish goods, perhaps in amazed admiration of my system of doing business, which was certainly new." After a while Edison got a bookkeeper, whose vagaries made him