Thomas A. Edison, Inc. a long playing record in 1926 did not succeed. In 1928 the company finally moved into radio with the purchase of the Splitdorf Radio Corp. On 1 November 1929 Edison halted production of records apart from dictation records made by the Voicewriter division. In the late 1920s the "Edicraft" line of high-quality consumer appliances was developed at the laboratory and manufactured by Thomas A. Edison, Inc. Production of appliances was discontinued in 1934 due to lack of demand for luxury goods during the Great Depression. Max McGraw, founder and president of McGraw Electric, had always been an admirer of Thomas
Benjamin Electric Manufacturing Company is the novel way he approached a new invention. It is exactly the opposite of Edison’s method, according to reports of the working practices. When Edison got interested in a new idea it is said that, first, he researched to find out what has already been done to solve the problem. This preliminary preparation took weeks, sometimes months; the theory being to avoid duplication of effort. This period of preparation may have something to do with Edison’s alleged remark that “genius is five percent inspiration and ninety-five percent perspiration.” Yet there seems to be another type of genius in which