Thomas Edison suggested for Edison's anti-AC stance. One notion is that the inventor could not grasp the more abstract theories behind AC and was trying to avoid developing a system he did not understand. Edison also appeared to have been worried about the high voltage from misinstalled AC systems killing customers and hurting the sales of electric power systems in general. Primary was the fact that Edison Electric based their design on low voltage DC and switching a standard after they had installed over 100 systems was, in Edison's mind, out of the question. By the end of 1887, Edison Electric was
Thomas A. Edison, Inc. Alva Edison, and had his picture hanging in his office. In 1956 he arranged a meeting with his son Charles Edison, former Governor of New Jersey and Secretary of the Navy, to discuss merging their two companies. They spent a few days at the Broadmoor resort in Colorado Springs, Colorado and came to an agreement. The merge was effective 2 January 1957. The combined company was named the McGraw-Edison Company. Max McGraw would joke after the merger that his name now appeared before Edison's on the New York Stock Exchange. Thomas A. Edison, Inc. Thomas A. Edison, Incorporated (originally the