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
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