The Inventor of AC currents, electrotherapy and radio

Tesla’s Financier J.P. Morgan had the rights to Tesla’s Patents and Tesla was always building dozens of new inventions. Well the story goes that when Tesla was building his Tower at Colorado Springs, J.P. Morgan was not clued in as to what it was Tesla was building exactly. When it was finished and Tesla told Morgan that it could supply the world with electricity, Morgan replied “Great, so where do we put the meters?” To which Tesla responded “There are no meters, This is Wireless Free-Electricity” and at that point J.P. Morgan cut off funding to Tesla and had the project buried. J.P. Morgan himself was not the all powerful figure people make him out to be, but there were powerful Freemasons and Skull and Bones members in particular, behind him. The J.P. Morgan bank was controlled more by Harold Stanley, a Skull and Bones member. Today it is called the Morgan-Stanley Bank. Check out the Skull and Bones Page to get the finer details of the direct influence in Banking.

http://kspark.kaist.ac.kr/Mason/Freemasons.htm

Actually the story wasn’t quite as mentioned above. Tesla was building Wardenclyffe for his free-electricity and aerial energy transmission, however regular payments from JP Morgan (his financier) weren’t coming in on time. Tesla in need of funds (as to beat Marconi’s progress on radio) wrote letters to JP Morgan to hurry with his financing cheques. These were slow in coming and so an exasperated Tesla wrote a letter to JP Morgan explaining that his idea of radio transmission included the free transmission of electrical energy through the rarefied air. This did not please JP Morgan due to the fact that most of his investments were in AC generating power stations. Such a quick change in a recently established technology was not a desirable achievement. Funding was stopped.