FREE BOOKS

Author's List




PREV.   NEXT  
|<   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106  
107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   >>   >|  
nts. This was followed by the first of the inventions and improvements that laid the foundation of Steinmetz's substantial fortune. From the first Steinmetz had taken a lively interest in America and everything American, and the views for which he was forced to fly from Europe were so modified that they agreed with the new conditions in which he found himself. Speaking of them, he said: "In this country they would be theories without any chance of practical application, and there is no use in a theory merely for theory's sake." When the Eickemeyer concern was taken over by the General Electric Company Steinmetz went with it and was hailed as its greatest asset. He was first sent to the Thomson-Houston Company--the Lynn, Massachusetts, branch of the General Electric--and there he worked out the first successful plan for transmitting power and light, on a large scale, over long distances, and for controlling currents. Incidentally he made several important discoveries and improvements in the arc and incandescent lights and in electric motors. A Mathematical Wonder. In addition to being a thorough electrician, Steinmetz is a mathematical wonder, and there are few tricks of the lightning calculator that he cannot duplicate and go one better. It had been his intention to become a professor of mathematics, and doubtless he would have done so had he remained in Germany. The salary and fees of the professorship would have given him at best a couple of thousand dollars a year. His work in this country pays him a big salary, and this is supplemented by a large income from patents. Personally he is one of the most popular men in the business. "The professor," as he is generally known, has been generous in offering assistance to young electricians, and he has patiently spent his time in aiding in the development of their ideas. He has shown the same skill in bringing the best out of men that he has used to such effect in handling machinery. THE FIRST ROTHSCHILD. Founder of the House of Rothschild Had Vainly Attempted to Reconcile Himself to Being a Rabbi. Mayer Amschel Bauer, founder of the house of Rothschild, was born in the Ghetto of Frankfort, Germany. This section was set off for the Jews with barriers, and at night these barriers were closed and no one was permitted to leave the street. His father was a merchant in poor circumstances, and it was the dream of his life to make the son a rabbi. So
PREV.   NEXT  
|<   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106  
107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   >>   >|  



Top keywords:
Steinmetz
 

Company

 

theory

 
country
 
General
 
Electric
 

salary

 

Germany

 

professor

 

Rothschild


barriers
 
improvements
 

popular

 

business

 

merchant

 

patents

 

supplemented

 

income

 

generally

 

Personally


electricians
 

patiently

 

street

 
assistance
 

father

 
generous
 
offering
 

circumstances

 

professorship

 

remained


couple

 

thousand

 
dollars
 
Reconcile
 

Himself

 
Attempted
 

Vainly

 

doubtless

 

Frankfort

 

founder


section

 

Amschel

 
Founder
 

bringing

 
aiding
 
development
 

Ghetto

 

closed

 
ROTHSCHILD
 

machinery