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THOMAS A. EDISON - TYPED LETTER SIGNED 03/01/1922 - DOCUMENT 279717

 
THOMAS EDISON
He signs a typed letter to an insurance executive, relative to his revolutionary 1922 proposal to stabilize prices by tying the US money supply to agricultural production, not gold reserves.
Typed Letter signed: "Thos. A. Edison", 1 page, 8½x11. Orange, New Jersey, 1922 March 1. On Edison Laboratory letterhead to Darwin P. Kingsley, President, New York Life Insurance Company, New York City. In full: "Allow me to thank you for taking the trouble to answer my twenty-six questions so fully. I am slowly digesting the information that is coming in from various quarters and I expect to tabulate the data later on after I have made it a subject of study. There is no objection on my part if you desire to make a few copies of the questions and answers, to give to some of your friends, marking each copy 'Confidential'. Yours very truly". Edison (1847-1931) patented more than a thousand inventions, including the incandescent electric lamp, phonograph (his favorite invention), mimeograph, alkaline storage battery and microphone. In 1890, he invented the Vitascope, and Edison is credited with establishing the standard of using 35mm film with four perforations on the edges. He produced talking motion pictures in 1913. In 1887, Edison had set up his facility dedicated to research and development in West Orange, New Jersey. By the following year, it was the world's largest scientific testing laboratory. This letter followed up on a questionnaire which Edison had sent to prominent bankers and economists, soliciting responses to his proposal to base the US money supply on American agricultural production, not gold reserves. This "currency reserve plan" garnered no support from bankers and economists at the time, although a recent study by economists David L. Hammes and Douglas T. Wills, concludes that Edison's plan was flawed but had some potential advantages. Their study, "Thomas Edison's Monetary Option," can be "googled" on the web. Fold creases through "T" and "A" of signature. File hole at upper margin. Lightly chipped at bottom margin. Otherwise, fine condition.


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THOMAS A. EDISON  


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THOMAS A. EDISON
Born: February 11, 1847 in Milan, Ohio
Died: October 18, 1931 in West Orange, New Jersey


Film Credits
2010 The Light Bulb Conspiracy (Other), 2009 History Detectives (Other), 2008 Murnau, Borzage and Fox (Other), 2006 Niagara Falls (Other), 2005 Edison: The Invention of the Movies (Other), 2002 Naqoyqatsi (Other), 2002 Cinerama Adventure (Other), 2000 Modern Marvels (Other), 1999 The 20th Century: A Moving Visual History (Other), 1999 Biography of the Millennium: 100 People - 1000 Years (Other), 1999 ABC 2000: The Millennium (Other), 1998 Hollywoodism: Jews, Movies and the American Dream (Other), 1996 Biography (Other), 1995 The Shadow of Hate (Other), 1990-2006 The American Experience (Other), 1983 Historia del cine: Epoca muda (Other), 1982 Before the Nickelodeon: The Cinema of Edwin S. Porter (Other), 1979 Mr. Mike's Mondo Video (Producer), 1977 The Glory of Their Times (Other), 1956 I Never Forget a Face (Other), 1954 This Was Yesterday (Other), 1951 The Littlest Expert on My Favorite President (Other), 1950 The Golden Twenties (Other), 1946 Okay for Sound (Other), 1942 The Film That Was Lost (Other), 1940 Servant of Mankind (Other), 1940 Panama-Pacific International Exhibition (Other), 1933 March of the Movies (Other), 1922 A Day with Thomas A. Edison (in person), 1914 The Patchwork Girl of Oz (Producer), 1913 The Irish Policeman (Producer), 1913 Nursery Favorites (Producer), 1913 Julius Caesar (Producer), 1913 Her Redemption (Producer), 1913 A Minstrel Show (Producer), 1911 Lucia di Lammermoor (Producer), 1904 Parsifal (Producer), 1903 Electrocuting an Elephant (Producer), 1903 Electrocuting an Elephant (in person), 1901 The Trick Cyclist (Director), 1899 Bicycle Trick Riding, No. 2 (Director), 1899 Bicycle Trick Riding, No. 2 (in person), 1898 The Passion Play of Oberammergau (Producer), 1897 Mr. Edison at Work in His Chemical Laboratory (in person), 1896 Fatima's Coochee-Coochee Dance (Producer), 1896 Edison Drawn by 'World' Artist (in person), 1896 Blackton Sketches, No. 3 (Producer), 1896 Blackton Sketches, No. 2 (Producer), 1895 The e_xecution of Mary, Queen of Scots (Producer)


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