The enormous costs this research and the construction
of new factory swamped the paltry finances the Edison
Storage battery Company and during the 1900s became the
financial weakling the Edison business organization.
By 1905 was carrying $154,693 experimental charges, which
was about equal the value machinery and tools both
West Orange and the Glen Ridge factory. minimize any expansion
or shrinkage during charging discharging, Edison designed
machinery which tamped down these layers with pressure of
2000 pounds per square inch. The financial
position the Edison Storage Battery Company was poor that
Edison decided that would unwise release statistics to
credit companies.VIII-18
difficulty alternating layers very thin nickel flakes
with nickel oxide the electrode. Edison supported much the Storage Battery Company
through his own pocket, 1910 its indebtedness him was
$1,300,000, sum that was more than the capital stock the
companyl was estimated that invested $1,900,000 in
. From
1904 1909, had product sell and yet was burdened
with the heavy costs solving the problem capacity loss. was feared that the fragile finances of
the storage battery operation would destroy faith the
financial health TAE Inc.
The failure get the storage battery right the first
time had put unbearable strain Edison's personal
finances. Edison called this new nickel
flake cell the Type and began manufacturing 1909
