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He declined it because it was given to him and Edison.

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"His [Thomas Edison] method was inefficient in the extreme, for an immense ground had to be covered to get anything at all unless blind chance intervened and, at first, I was almost a sorry witness of his doings, knowing that just a little theory and calculation would have saved him 90 per cent of the labor. But he had a veritable contempt for book learning and mathematical knowledge, trusting himself entirely to his inventor's instinct and practical American sense. In view of this, the truly prodigious amount of his actual accomplishments is little short of a miracle."

Nikola Tesla-

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"If he [Thomas Edison] had a needle to find in a haystack, he would not stop to reason where it was most likely to be, but would proceed at once with the feverish diligence of a bee, to examine straw after straw until he found the object of his search. … Just a little theory and calculation would have saved him ninety percent of his labor."

― Nikola Tesla-

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