Research paper on the Wardenclyffe Tower
Due date 4-22-09
WardenClyffe Tower was built in 1901 in long island, New York by Nicola Tesla. Tesla began experimenting with Trans-Atlantic-Telephony,
broadcasting and to demonstrate wireless power transmission. In 1901 the very
wealthy J.P. Morgan had funded the project and by the end of the project his
investment was over $140,000 dollars. By
1903 the towers construction was still not finished due to last minute design
In July 1904 Morgan had been convinced this project was not going to be the money-maker he thought it would be. So, along with Morgan backing out, all of the other investors backed out as well. Tesla then tried to find other financial backers, but had no luck. By 1905 his patents on alternating current motors and other methods of power transmission had expired. With these patents ending Tesla lost his royalties, and his independent financial backing. In 1908 the property was foreclosed for the first time. However, Tesla was able to come up with a new mortgage from the proprietor of the Waldorf-Astoria Hotel, George C. Boldt.
In 1911 the building had been abandoned and was falling apart. In 1915 the property was legally transferred to Mr. Boldt for a $20,000 Debt. Then in 1917 the U.S. Government blew up the tower, thinking the Germans were using it and it could be used as a landmark. Tesla was not in New York when the building was demolished.