|
|
|
|
|
|
by SkyMarshal
5144 days ago
|
|
|
> Morgan didn't want that wireless junk ("Where do you put the meter?") I've also heard that Morgan realized all the copper mines and refineries he had stakes in would lose value. I'm sure there are others reasons floating around out there too, they're a dime a dozen. Frankly I doubt Morgan ever explained his real reasoning to any journalists or authors, and these stories got narrated in somewhere along the way. |
|
|
The proof is in the pudding, imo. Morgan also backed Edison's company (Edison General Electric, which later became General Electric). Morgan, via Edison, was going for ownership of the new electrical grid that was growing in the US 100+ years ago.
There's no way Morgan would ever allow Tesla's work with wireless to gain any traction in his lifetime.