The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1914-03-13
ANNUAL BANQUET GIVEN BY
SHADYSIDE BOARD OF TRADE
HEART FAILURE
scs.a..sS frs. Tizss s.ss-,

tons and improvements had to do
WIN railway EknAllyfnS. the develop
menf OF he alternative current sys-
tem. for eiecfr1c llxhttng n power.
devices for safety and for ecunomfcAl-
~ conveying natural = over long
distances and using IL for industrial
and domestic fuel. air SPRING. for mo-
tor vehicles Of al kinds. and . scared
turbine system for the propulsion Of
ships. developed In Consideration with
e q ". snd Jshn n NeAfpfne-
In return for his many achieve
ments. tn htghesr hoaors In The gift
OF the technical societies and fnstitu-
tons Of Europe and America were
bestowed upon him. European sover-
efxns comforting discnsuished orders.
As secentfy as last December he re-
society of Germany the celebrated
Grashof gold MEDAL
Founded Many Companies.
Mr. Westinghouse founded many
manufacturing companies In this coun-
Try and abroad. including great plants
at East Pittsburgh, Wilmerding.
s~wfssvaie and rrafford City. Pa. and
Others In Hamilton. Canada: Manches-
Ter and London. EnglaDd; Hayse.
tersburg. Russfa. Vienna. Austria.
and vado, Italy In these industries
some $4,000 persons are employed and
the many companies have n capitalize
taca a~gxregztins 100000. 600
Mr.. WesftuKhouse's mental ALERT
ness and activity remained TO the last
nnimpaired- The n few years OF
lie were among the most productive.
For several months he had. however.
limited his activities, placing greater
was tated tonight on behalf OF his
many interests that there will be no
change OF policy in connection with
any OF the industries. which will be
Operated on a plan long ago thought
out by the inventor himself.
Suffered IN Panic.
Mr.. Westinghouse and his various
ventures suffered severely in the panic
OF 1907. In October Of thai year the
Westinghouse Electric and Manufac-
turing company went into bankruptcy
from which II was released a wear
later. after the creditors had accepted
a plan of reorganization. Following
mat episode the control OF the West.
company and some of its
New York. Boston and PittsbnrS bank.
ing interests. Westinghouse COMPANY
which has paid ten per cent yearly
from 2 TO 1907, suspended diyfdends
altogetfher from the latter part of 1907
anui Isl, when they were resumed
on a TWO per cent basis; and last wear
Tour per cent was paid. According to-
some OF his business associates. Mr..
westinghouse never cover from
the shock he received when control
OF MS numerous enterprises was taken
out OF his hands. ~
The reorganization plan was con.
cefved by Mr.. Westinghouse who
urged Its adoption in preference to
plans submitted from other quarters
by eminent inanciers. The inventor
insisted his hea was the best for
me protection OF Stockholders and
creditors. n according to his asso-
ciates II proved to be an achieve
ment In constructive finance.
Born Near Schenectady.
George Westinghouse was born in
the village OF Central Bridge. near
Schenectady. ~. ", October g. is46
as a lad attended the public
school in Schenectady. He entered
Union college. but left in 1859 10
Join the S~fxty-fourth United states
cavalry and serve in the Civil war
Ills love Tor engineering led TO his
transfer TO the navy. and before be-
ing m service a year he was AZ.
tached to the Potomac fotilla. act
ing as third assistant engineer
In August, 1867. he married Mar.
guerite Erskfne Walker. who sur.
wives him. together with their one
enhd, George Jr., who lives near
emo Mass. The son married Miss
Violet Brocklebank. daughter OF sir
Thomas and Lady Brocklebank of
irton Hail. Cumberland, England.