[MBLB2047], Letter from Charles Batchelor to James Adams, March 30th, 1879

Item

Abstract

re English phono royalty; "The [Edisson Speaking] Phono Co have by the way made a small phono which they sell for $10- and which they have guaranteed order for 10 000 and they think the company who are going to handle them will take 20 000 for the fall trade. It is a very good little phono, has a zinc culinder, and altogehter talks just about as good as the large ones, they are going to be made by the Remingtons or Colt's or some such firm."; something not very legible about TAE Gouraud and Jack Wright; "As you have probably read in the papers sent you we have lighted our shop up every night this week."; You don't need to be afraid of such men as g. P & B in future as we have got quite a different class of men in with us now and any man that gets in now willhave to plunk down money first. Bailey is here and wants to get hand in in European Electric Light, well there is a chance for him but not such a chance as Puskas got for telephone, oh no we don't do things that way now, if he wants to come in on electric light he will have to guarantee $25,000- for experimental purposes whenever called on by Edison to be used by edsion as he sees fit without any questions being asked. Bailey has been here three times with different gentlemen but I have not had much talk with him. The light is the biggest success we've ever had, and although it will be some time before it is out, at present I have received $200- per share for my stock; I heard a man offer Edison W.U. Tel stock for Electric Light Sock and you know W.U. is 106 now. dont let on of this to anybody. I have seen it stated in London papers that Edison's backers had gone back on him, well if you had seen them here the other night you would not think so; besides all the money for this thing was put up before we started. But you can bet your life that B. will not enjoy such privileges witout paying something to get into the game. Puskas of course is already in as he paid for patents before we made this arrangement, but will be with men of standing ad solidity nd I think G. & B. & P and I may ad G.H.B. will have a decided hard time of it if they have no money."

Recipient

Date

1879-03-30

Decade

1870-1879

Type

Identifier

MBLB2047

Folder Set

MBLB2

Title

[MBLB2047], Letter from Charles Batchelor to James Adams, March 30th, 1879

Microfilm ID

93:261

Publisher

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