[D8132ZAS], Letter from Theodore Puskas, Joshua Franklin Bailey to Thomas Alva Edison, September 16th, 1881
https://edisondigital.rutgers.edu/document/D8132ZAS
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Metadata
- Title
- [D8132ZAS], Letter from Theodore Puskas, Joshua Franklin Bailey to Thomas Alva Edison, September 16th, 1881
- Editor's Notes
- Encloses copy of telegram sent this date, giving terms that Paris syndicate and their associates will accept. Can't invest 5M francs in a factory; that's too much along with another 5M francs [to form company?] before a station set up in Paris. Wrt capitalization: if capital is in the several hundred million franc range, with TAE getting 150-200M francs, "everybody would be frightened off from us, while in this form it will pass." Thinks can capitalize at $60M, on basis of 20M inhabitants in citeis over 10K people. Also isolated plants and smaller towns; "we woujld form a syndicate with yourself, any friends you want in, Batchelor, and Puskas and myself on terms that would make it a good thing. It is with this inducement that I have broken him off from the Fr. Egyptian Harjes group and got him to go to our terms…" They won't agree to 5% of gross income from mfg plant going to TAE, but will probably agree on percentage of profits.
- Recipient
- Edison, Thomas Alva
- Mentioned
- Batchelor, Charles
- Date
- 1881-09-16
- Type
- Letter
- Folder ID
- D8132-F
- Microfilm ID
- 58:492
- Document ID
- D8132ZAS
- Publisher
- Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
- Has Version
- Archive.org Viewer, Microfilm Series Reel 58