As Tesla worked on secret U.S. government projects at Colorado Springs, Colorado, Scherff communicated to Tesla the status of his business affairs. Tesla spoke of hopeful, future financial successes, though Scherff repeatedly delivered the news of dwindling funds. Tesla had begun construction of a wireless power transmission tower (“Wardenclyffe,” Shoreham, Long Island) with funds invested by J.P. Morgan. When Morgan discovered that the tower would transmit free electricity and radio waves, he cancelled the project and had the tower dismantled, then sold for scrap. Morgan was not about to allow Americans to receive free electricity, television and radio. Tesla was devastated when he received the news, but continued on with his new inventions.
Posted on: Tue, 04 Mar 2014 05:50:14 +0000
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