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Show ELECTRIC INDUSTRY'S HUNDREDTH BIRTHDAY. On the twenty-ninth of August, the electric industry was exactly one hundred years of age. It was on August Au-gust 29, 1831, that Michael Faraday wound to coils of wire around an iron ring, attached the end of one coil to an electric battery, the other end to a galvometer, and caused the needle on the indicator to move. The theory of electro-magnetic induction on which the entire scientific side of the electric industry depends had been conceived and proven. In that hundred years the industry has reached the point where it is one one of the most necessary and vital elements in modern life, whether of home or industry. It has, in the absolute abso-lute sense of the word, revolutionized the living and working conditions of the entire world. It is interesting that at about the time the industry was celebrating its anniversary, it assured President Hoover that it would spend $600,000,-000 $600,000,-000 this year on new construction, and the newspapers of the nation rang with approval of the declaration. The industry has become "so important impor-tant a factor in our economic life that we are looking to it to do much of the work in bringing prosperity out of depression. Its achievement, in the brief space of a hundred years, has never before been equaled. |
