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A SUMMER ISSUE - JUNE - A tviBook Review - Part 01 - The Smart-Daaf Boys
TVInews - 109 - SMART-DAAF BOYS / PART ONE - Reginald Fessenden Inventor Wins 1928 Law Suit against Radio Trust. RCA, AT&T, General Electric, Westinghouse, Western Electric Company Inc, the International Radio Telegraph Company, the United Fruit Company and the Wireless Specialty Appliance Company. Reprint from Los Angeles Examiner, Oct 14, 1928
FEATURE STORY
• 02. More Info
03. More Story
Related Stories
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2006/Imagespeople/FessendenWin1928Suit300w.jpgTHIS IS PART ONE -- 1928
PART TWO -- 1928

PART ONE
Disappointments Are Great
Follow The Money!
(ISBN)1-88364-4-34-8 (Excerpts)
By Troy Cory - Josie Cory

Chapter 8 - "Smart0Daaf Boys"When Padria King authored the article, "Reginald Fessenden Wins $60-million Suit Against 'Radio Trust,' in 1928 -- for newspaper tycoon William Randolph Hearst, she had no idea the "real" inventor and patent owner of the Wireless Telephone, Nathan Stubblefield had died a few months earlier in Murray, Kentucky.
As you will see, the article is critical of the settlement from the so-called Radio Trust, which included: RCA, AT&T, General Electric, the Westinghouse Electric and Manufacturing Company, the Western Electric Company Inc, the International Radio Telegraph Company, the United Fruit Company and the wireless Specialty Appliance Company.
The Radio Trust were forced to name him as the father of Radio, knocking his other SMART-DAAF comtempories, (Stubblefield, Marconi, Tesla, DeForest, Alexandersen, and Armstrong out of question. The following article was published in the Boston Sunday Advertiser and Los Angeles Examiner, 1928. MORE / PHOTO IMAGES

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120 PIXELS 3 columns

1. Feature Story / Part One - "1928 Inventor Wins Suit Against 'Radio Trust." "Big Business" -- was defeated by the Aged Expert; Gains $2,500,000 Decision; Will Continue to work; Likes cooking and fishing.
NEWTON, Mass, Oct. 13, 1928 (REPRINT) -- Prof. Reginald Aubrey Fessenden, called the "Father of Modern Radio" has upset the serenity of Wall Street.
The internationally known inventor, whose home is at 45 Waban Hill road, Newton, has forced the so-called Radio Trust to pay him $2,500,000 in cash, and name him as -- "the father of Radio."
In addition, the Boston physicist and engineer has secured from eight great corporations acknowledgment of the validity of all his inventions in the field of wireless communication.
Thus ends, in so far as Professor Fessenden is concerned, his suit for $60,000,000 against the Radio Corporation of America, The American Telephone & Telegraph Company, the General Electric Company, the Westinghouse Electric and Manufacturing Company, the Western Electric Company Inc, the International Radio Telegraph Company, the United Fruit Company and the wireless Specialty Appliance Company.
Claimed $60,000,000
At the time of filing his suit in the United States District Court at Boston against the above named corporations, nearly three years ago, Professor Fessenden alleged that by organization of a monopoly and by restraint of interstate commerce they had damaged him to the sum of $20,000,000, and that he was entitled to "Triple indemnity" under the Sherman Anti-Trust Law.
Despite the fact that Professor Fessenden and the defendant corporations settled their differences on April 4 last, no word as to the calling off of the suit has been allowed to reach the general public. Everyone concerned in the case was enjoined to strict secrecy.
As a result, however, of investigations made by the Boston Sun day Advertiser, there is presented today for the first time the inside story of how "Big Business" was given a sound drubbing by a 70-year-old engineering savant.
Immediately upon receipt of the "out-of-court" settlement of $2,500,000, Professor Fessenden went to Bermuda for a long holiday. It was most pleasing to the defendant corporations that he had taken himself out of the reach of inquiring newspaper men. In fact, a "gentlemen's agreement" provided that there would be "no publicity" given to the settlement out of court.
Part 02 / TOO MUCH PUBLICITY
Attorney Sherman L. Whipple, declined to admit that his client had made a settlement.
Counsel for the Radio Trust, a brilliant array of legal talent, also proved uncommunicative regarding the Fessenden suit.
That there already had been too much publicity concerning the charges made by Fessenden in his suit for damages, to say nothing of the large cash settlement that had been made, was the feeling in high financial circles.
Of course, Wall Street did not rejoice in the triumph of the Boston radio wizard. The heads of certain great banking institutions and industrial organizations could not forget that Professor Fessenden was the star witness for the Federal Trade Commission during its recent investigation of the trading methods of the eight companies forming what the Boston inventor calls the Radio Trust. And it was these same eight companies that were forced to pay $2,500,000 to Fessenden.
Most embarrassing to Wall Street was the unexpected return of Professor Fessenden from Bermuda to the United States. And the embarrassment is due to the fact that there could be no padlocking of his lips.
The man known as the "Father of Modern Radio" is one of those individuals who does not mince words. He is bluff and outspoken. With him, a spade is a spade.
FIGHTS FINANCIERS
His contempt for the leaders of "Big Business" and their methods is well-known. He has yet to back down in a fight with Wall Street, of which he has had quite a few.
When seen at his home in Newton, Processor Fessenden not only told how he beat the radio Trust at its own game, but aired his opinions in general about how "big business" treats the "Little Fellow."
"Just how much did you settle for against the Radio Corporation and the rest of the organizations listed in your suit of December, 1925?" he was asked.
"Exactly $2,5000,000 in cold cash!" -- answered Professor Fessenden.
There could be no mistaking the words, which came forth like the coming of a gun, from a man exceeding six feet two inches in height and representing 200 pounds muscle and brawn.
That's quite a bit more than the Radio Corporation of America and Associates admit giving you is ...illegible " pursued the reporter.
likely it is," Professor Fessenden answered, "but you know I don't want any publicity about it. In fact, they neve 'to-do' at all about this court settlement.
My records -- and their records will show that the trust gave to me $2,5000,000.
(Illegible) , Mr. Sherman Whipple you the same thing --- chooses. Yet lawyers are ticklish about discussing matters, even when the... (illegible) deal, such as my settlement represents.
Professor Fessenden ...(illegible)) the radio corporation ... (illegible) in the following document, which is on file in the clerk's office of the United States District Court at Boston:

3. Editor's Note / AGREEMENT FOR JUDGMENT
Reginald A. Fessenden vs. General Electrical Company et al.
It is agreed that the following entry be made in the above entitled case: Judgment for the defendants without costs, it being stipulated, however, that this judgment is not entered on the ground of the invalidity of any of the plaintiff's patents referred to in the declaration or on the ground that there have been no infringements of said patents, and further, this judgment shall have no bearing on the question of validity or invalidity or of infringement or non-infringement of said patents.
(Signed) Reginald A. Fessenden, plaintiff: Boyd B. Jones, attorney for plaintiff; Choate, Hall & Stewart, Marcus Jenckes, attorneys for the General Electric Company, the Radio Corporation of America and the Westinghouse Electric and Manufacturing Company; Charles M. Thayer, attorney for the American Telephone and Telegraph Company and the Western Electric Company, Inc.; Robert G. Dodge and John L. Warren, attorneys for the United Fruit Company and the Wireless Specialty Appliance company.
April 4, 1928.
J. Morton.
Judgment for the defendants without costs, pursuant to the agreement.
Attest: John E. Gilman Jr., Deputy Clerk

FESSENDEN ONCE WON $406,175
But triumphing over corporations is nothing new for Professor Fessenden, for in 1912 he was awarded $406,175 in the United States District Court at Boston in a suit against the National Electric Signalling Company.
The award was not only the largest ever given up to that time in Massachusetts, but was notable in bringing out the history of the Boston inventor's pioneer work in wireless telegraph and telephony. Go To Part Two -

CLICK FOR PART TWO OF FESSENDEN ARTICLE

4. Related Stories /
PART ONE -- 1928
PART TWO -- 1928

More Articles • Converging News 242006 / TeleCom BuyOuts, Spinoffs and Asset Seizure Boom

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Josie Cory
Publisher/Editor TVI Magazine
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Yes90 tviNews S90 109 - SMART-DAAF BOYS / PART ONE - Reginald Fessenden Inventor Wins 1928 Law Suit against Radio Trust. RCA, AT&T, General Electric, Westinghouse, Western Electric Company Inc, the International Radio Telegraph Company, the United Fruit Company and the Wireless Specialty Appliance Company. Reprint from Los Angeles Examiner, Oct 14, 1928 / Feature Story / •109ReginaldFessendenWins.htm / Smart90, lookradio, nbs100, tvimagazine, vratv, xingtv, Ddiaries, Soulfind, nbstubblefield, congming90, chinaexpo, vralogo, Look Radio, China Expo, Soul Find, s90tv, wifi90, dv90, nbs 100, Josie Cory, Publisher, Troy Cory, ePublisher, Troy Cory-Stubblefield / Kudoads, Photo Image665, Movies troy cory show duration:medium:free - 4 min - Television With No Borders

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