Word: coffin
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Dates: during 1920-1929
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...Coffin had Edwin Wilbur Rice Jr. (1862-) and Charles Proteus Steinmetz (1865-1923) as his technicians. (He could not keep Samuel Insull as sales agent.) Himself he devoted to inducing industry to use electricity for power...
...Inventor Edison referred to was Charles Albert Coffin, who founded the General Electric Co. (1892), who sold new uses for electricity, who in less than half his own lifetime helped considerably to change the character of civilization. Last week, at the age of 81, he died of pneumonia, after four years of retirement from business. By 1883, the year Charles Albert Coffin turned from his profitable manufacturing of shoes at Lynn, Mass., to the manufacturing of electrical equipment, electricity was in little practical use. Samuel Finley Breese Morse (1791-1872) had shown in 1844 that it could be used...
Electrician Thomson's industrial devices appealed to New Englander Coffin. He financed them, created the Thomson-Houston electric companies in this country and abroad. Nevertheless as late as 1892 electricity was little used industrially, although in telegraphy and telephony it had already become a necessity and in lighting an approved innovation...
...Coffin negotiated the merger of his Thomson-Houston Electric Co. of Lynn, Mass., with the Edison General Electric Co. of Schenectady, which J. P. Morgan had casually financed to manufacture power machinery. The new General Electric Co. which absorbed them (and, soon after, several other competitive and related firms) covered their entire field. Mr. Coffin, perspicacious of the industry's future, obtained control; made himself president. He was able to do this because he was in many respects as adroit a financier as Mr. Morgan and because Mr. Morgan never had a flair for young industries. Besides...
Their motives have varied. Pastors Wicks and Clingman have just started their wealthy congregations on movements of community welfare (as Dr. Coffin has already done in Manhattan), work which they feel they cannot conscientiously abandon. Dr. Kirk would not leave his life-long friends. Young Dr. van Dyke simply requires the spiritual benefits of rusticity...