[D8523J], Letter from Ohio Edison Electric Installation Co, Archibald B Stuart to Samuel Insull, February 5th, 1885
https://edisondigital.rutgers.edu/document/D8523J
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- Title
- [D8523J], Letter from Ohio Edison Electric Installation Co, Archibald B Stuart to Samuel Insull, February 5th, 1885
- Editor's Notes
- Received your letter of the 2nd. I cannot now spare the time to enter into [----] explanations{?}, but above all you must stop [------] on these old matters for a time. "Now, I know all you would say in answer to this, but it is no use . Everybody who has put a dollar into Edison Light in this county is awful sick." The whole thing in Ohio is trying to rest itself on our shoulders. We have about $85,000 tied up in it and may lose the whole thing. The Tiffin plant shut down two nights, Circleville is threatening to wreck the plant and quit. Middletown has cost enormously and now is in a hard fight with the Brush Co. and Gas Co. The Brush Co. offer to back up the local co. with money to make [---] fight, etc. We have had very bad luck with our Depot plant, but Middleton and Piqua is the only hope of the Edison lights in Ohio, and that is very slim. Both the Piqua parties and ourselves are honest in our dealings And if the thing can be made to hold out successfully, you will get from Piqua everything due you, but you might as well try to extract blood from a turnip as money from them now. So do not make undue trouble, but write Flesch{?} that you sympathize with them and will let the matter rest until they get on their feet. This will be much the best for all and encourage them. Any other course will only break them down. [Added as P.S. on back]: "Had a visit from Mr. Sims. I like him very much. He is a seductive fellow." [Added as another P.S.]: "Insull, I never had the 'Blues' half so bad in all my life."
- Recipient
- Insull, Samuel
- Date
- 1885-02-05
- Type
- Letter
- Subject
- Competition and market structure
- Financial operations (companies and organizations)
- Stocks, bonds, and investments
- Folder ID
- D8523-F
- Microfilm ID
- 77:610
- Document ID
- D8523J
- Publisher
- Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
- Has Version
- Archive.org Viewer, Microfilm Series Reel 77