4min chapter

Founders cover image

#83 Thomas Edison, Nikola Tesla, George Westinghouse, and the Race to Electrify the World

Founders

CHAPTER

Hughes Tool Company - The Vehicle for Printing Profits

In 1881, Westinghouse began buying up promising patents that controlled electric circuits set off by trains. He said the oil lamps used in the signaling system were problematic and existing electric companies were unhelpful with solutions. The future demand for small central stations foretold an insatiable demand for direct current central station power. And then we're going to run out of money because it's there too little capital," he says.

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