THOMAS J. WATSON SR. - TYPED LETTER SIGNED 08/10/1936 - HFSID 29998
Sale Price $405.00
Reg. $450.00
THOMAS J. WATSON, SR. TLS: "Thos J Watson", ¼p, 7¼x10½.
New York, 1936 August 10. On his personal letterhead to Mrs. J.P. Newell,
Portland, Oregon. In full: "With reference to your letter of July 13th
requesting my autograph, I am glad to accede to your request by this
acknowledgement. Thanking you for your interest, and with best wishes, I am,
Sincerely yours." American industrialist and philanthropist Thomas John
Watson, Sr. (1874-1956) is best known as the founder of the International
Business Machines Corp. (IBM), which grew from the
Computing-Tabulating-Recording Company, of which Watson had become President in
1914. The company was renamed IBM in 1924, and Watson became its Chairman in
1949. Watson had previously risen from clerk to sales executive with the
National Cash Register Co. (1898-1913). In the early 1950s, Watson, on the
advice of his son, Thomas, Jr. (1914-1993), who had joined IBM in 1937, invested
heavily in research and expanded the firm's line to include electronic
computers. By the time of Watson's death in 1956, IBM had assets of $600
million and marketed its products in 82 countries. Thomas, Jr., who served as
President of the firm from 1952-1961, was later company Chairman (1961-1971) and
Chairman of the Executive Board (1972-1979). Slightly creased. Fine
condition.
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