Nikola Tesla Books
IN SEARCH OF NIKOLA TESLA Westinghouse, the man who had first recognized the value of his invention, and he decided to sacrifice his major source of income by waiving the royalty clause of his contract. Not many people would have agreed to forfeit a fortune, particularly when their own finances were critical. The capital sum Tesla had received from the sale of his patents had long been spent, in returns to his first backers and in the cost of building his laboratory. When, in 1895, this uninsured laboratory burned to the ground he was forced to look for private financing. John Jacob Astor and later JP Morgan came to his aid but this assistance was unfortunately short-lived. Tesla moved to Colorado Springs where, in 1889, he began his great series of experiments on the electrical resonances of the earth. A year later he won a moral victory as the Edison corporation converted its production line to the Tesla system. The twentieth century found Tesla at Long Island in his new laboratory some sixty miles from New York City. A new magnifying transmitter was Tesla at his laboratory on Long Island. 111
