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Thomas Alva Edison

A Review of "Edison: His Life and Inventions" by Dyer and Martin

Published January 10, 2023
Discovering America's Greatest Industrialists: A Review of
A Review of “Edison: His Life and Inventions” Volumes I and II by Martin and Dyer
  • Reviews of the Day: 1910
  •  Interesting Insights from “Edison: His Life and Inventions”
  • This Author’s Perceptions of “Edison: His Life and Inventions”
Reviews of the Day: 1910
This book was published in New York and London. The first review I found was from England.
“Written by two of Edison’s associates, the life-story of this Wizard reads like a romance. The phonograph, the incandescent lamp, the telephone, the storage battery, the electric railway, the cinematograph, and so forth, were all the outcome of the discoveries of this inventive genius.”
The Bath Chronicle, “The World of Books,” England, 1910​
Picture of Thomas Edison from
“This biography is the work of Frank Lewis Dyer and Thomas Commerford Martin. Mr. Dyer is general counsel for the Edison laboratory and its allied interests, while Mr. Martin is a close friend of Edison’s and former president of the American Institute of Electrical Engineers.”
The Kansas City Globe, 1910
“To read the life of Edison and to consider his work is like reading a wonderful story, and Dyer and Martin … have produced something which deserves … a reading. … The two volumes are splendidly illustrated and finely gotten up.”
The Portland Sunday Telegram, “Books and Authors,” 1910
Interesting Insights from “Edison: His Life and Inventions”
I found the following one of the highlights of the book because it fit well with Henry Ford’s method of producing cars. The automotive wizard would study his cars, decide what the price should be, not looking at the competition, not accepting what it was, and he would then lower the price while improving quality and quantity. He challenged his manufacturing organization—and his competitors, to then produced cars of similar quality at a profit at that price.
​
Seems he and Edison thought alike in this respect. This is the story of the production of the incandescent light and making it profitable:
​Edison shared the following:
“The lamps at that time were costing about $1.25 each to make, so I said to the company: ‘If you will give me a contract during the life of the patents, I will make all the lamps required by the company and deliver them for forty cents. …

“The first year the lamps cost us about $1.10 each. We sold them for forty cents; but there were only about twenty or thirty thousand of them. The next year they cost us about seventy cents, and we sold them for forty. There were a good many, and we lost more money the second year than the first.
Picture of Thomas Edison with his hand cupped over his ear to compensate for his deafness. From
Thomas Edison compensating for his hearing loss in a discussion​
“The third year I succeeded in getting up machinery and in changing the processes, until it got down so that they cost somewhere around fifty cents. I still sold them for forty cents, and lost more money that year than any other, because the sales were increasing rapidly.
​
“The fourth year I got it down to thirty-seven cents, and I made all the money up in one year that I had lost previously. I finally got it down to twenty-two cents and sold them for forty cents; and they were made by the million.
​
“Whereupon the Wall Street people thought it was a very lucrative business, so they concluded they would like to have it, and bought us out.”
This Author’s Perceptions of “Edison: His Life and Inventions”
I am sure that “Wall Street” charged what the market would bear after that, and that if Edison had remained in the business someone would have cried “monopoly” at a business that grew ever larger and more competitive as it improved processes, invested in new machinery and provided the consumer with a fabulous new product at a constantly lower price.
When Edison was asked what he considered the secret of his achievements, he replied, “Hard work, based on hard thinking.” This comment reminded me of the evolution in my thinking as I have gotten older, and some think wiser.
  • At thirty, I thought, “Work harder than anyone else to achieve results.”
  • At forty—while in sales with IBM, I learned to “Work smarter than the competition.”
  • At fifty—and updating the IBM philosophy with my own, I expect myself to “work harder than anyone else on the smarter thing.”
​Seems that Edison and I would have agreed on this—two ways of saying the same thing.
From
Thomas Edison could deliver a good joke and enjoy one told—if he could hear it.
I highly recommend these novels especially if you are a gifted and talented teacher in our public school system. Many of the traits of those adolescents who are sometimes way beyond their peers in intelligence, in energy, and in drive can be seen in Thomas Edison. Encourage the Tom Edison’s of the world to reach their potential.

A highly readable set of books that I enjoyed tremendously.

Thomas Edison: The Inventor and Industrialist.

Cheers,
​
- Pete
Image of the spine of the two-volume set of
Select Image to read this set of book on ​HathiTrust Digital Library

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