[LM003109], Letter from Samuel Insull to Edward Hibberd Johnson, March 6th, 1883


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[LM003109], Letter from Samuel Insull to Edward Hibberd Johnson, March 6th, 1883

Editor's Notes

Yours of 21 Feby rcd. Sent you today letter from TAE giving all the authorization you ask for. Sending you separately memos from Eaton which will give you info about matters here. "A committee meeting was held last night & it was decided to knock off 25% of the bills in the 1st district where people are dissatisfied. Think we'll reach a decision this week as to the wiring organization. Want to "carry out our idea of a Construction Syndicate for erecting Village Plants." I want TAE to form a Co of $500,000 to work Village Plants. We propose to get started and when that runs successfully to start putting in 25 to 30 more. Introduced to TAE a man who I think will form the Co. Isolated Co slow; no orders in 2 weeks. Estevez (?? see previous Insull to TAE) has not let the house yet & refuses offers; seems he will make you pay your full rent. New house not ready yet. Don't know your relationship with Benton but it's interfering with my mgt of your affairs; more personal stuff. "It is just over two years since I came here & I am the worst brok man you ever saw. Matters have not improved with me any since you left & I do not think they will as I am kept so close at my business that it is quite impossible to look around outside to make money, I have not the time to. Sometimes I think I am just on the verge of [kicking?] then I remember that you told me to hold my tongue & I do so. But this cannot go on much longer. It worries me too much & I cannot stand that and business too." I'm at last in charge of Machine Works finances. TAE felt uneasy---said neither he nor I knew anything of their affairs. I had warned him, and this time when Rocap objected TAE supported me in a bully fashion & I came out on top of the heap."




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Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
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