Evening Republican, Volume 23, Number 273, Rensselaer, Jasper County, 15 November 1920 — Page 1 Advertisements Column 1 [ADVERTISEMENT]

Edison Was Right Again

The prices of Edison Phqpographs have .* increased less than 15% since 1914, and a substantial part of this increase is the 5% ta?. which the Edison Laboratories pay to the Government. The Edison Phonograph of today is a better phonograph and a better Value than * the Edison Phonograph of 1914. On the other hand, the dollar of today is worth, in purchasing power, only a little more than half as much as the dollar of 1914. Therefore, if you buy an Edison Phonograph at this time, you are virtually buying a before-the-war value, with an after-the-war dollar. Why was it that Edison did not in- - crease his prices and how did he avoid the necessity of doing so? Any commercial agency and practically any investment banker can ascertain for you -that the Edison phonograph Laboratories were doing business, in 1914, on a narrower margin of profit than was true of any of the other established phonograph, or talking machine, manufacturers. How. then, did Edison manage to avoid an increase in his selling prices? > The story is dramatically interesting. The following is only the essence of it: When the United States of America entered the Great War, Mr. Edison dropped all his work at the Edison Leboratories and enlisted in the army of American men of science, who pitted themselves so successfully agamst the world-famed German scientists. Cardinal Mercier, on his recent visit to America, credited Mr. Edison with a lAiffe share in winning the war for the Allies. The New York American of September sth. describes, at length, some of the inventions, which Mr. Edison developed and placed at the disposal of the Government. -In this article, the New York American states that Mr. Edison to have been the moving spirit of the Naval Consulting Board of the United .States. When Mr. Edison gave up his own business for the business of the Nation, a very critical siuation existed m his Manufacturing Laboratories, due to_their inability to obtain various materials, and the necessity of finding satirfactory substitutes for such materials. If there was ever a time in Mr. Edison’s «Mwer^ when his personal attention to his business was required, it was when he went Thomas A. Edison tad reason to believe that he was risking enormous losses, by deserting his business, at the P ular time in Question. but he did not hesitate, and his example had a remerkx able influence on the men and women,

W. J. Wright

■PRINCESS THEATREMATINEE—4iM NIGHT—7:OO . TONIGHT TAYLOR HOLMES "Nothing But Lies” ITe and Ila. TUESDAY ' ‘The Mystery of .1 Y llrmr Ronin” B wr . ’ .. r . . • ' ; run f cMairramn wnrmucTiON VHAv wIWA/W • • \ • ■-- The vallow ream waa barred, the I taro of the mmm. .Who was the wtaAew e-T-t— tad vet the room ■wotorioM man who lemmrtted WiBOWW I • J sals Mei? Why COllld n’t _ AJtae * h “FORD EDUCATIONAL WEEKLY” lie asm JBe. *. » / • -•- .' .