Home
/
RELIGION & LIBERTY ONLINE
/
Valedictory: Sacrifice and Financial Success
Valedictory: Sacrifice and Financial Success
Apr 29, 2025 2:01 AM

Earlier this month, I spoke at mencement of Trinity School at Meadow View, a truly impressive private high school school in Falls Church, Va. Most impressive was the valedictory address given by the graduating senior Beau Lovdahl, who is on his way to Princeton in the fall. The story he relates here underscores the philosophy of the Acton Institute in many ways and I wanted to share it with PowerBlog readers. I hope you enjoy reading it.

Beau Lovdahl

Valedictory Address

06/11/11

Mr. Zwerneman; Father Sirico; Trinity faculty; parents, family and friends of the Class of 2011; I thank you for making this day a reality. I would like to congratulate my fellow classmates for pleting six years of hard work in the classrooms and on the athletic fields. I would especially like to thank our loving and supportive parents for helping us and holding us accountable to get through our schooling. Finally, I would like to thank our faculty for giving us an excellent education. Now I would like to give a brief history lesson on a man that has inspired me the past seven months of my life.

On June 6th, 1884, a talented electrical engineer by the name of Nikola Tesla arrived in New York City from Serbia. All he had was a letter of mendation from his former boss to Thomas Edison, with the words: “I know two great men and you are one of them; the other is this young man.” So Tesla began to work for Edison Machine pany. He quickly rose from working on simple engineering matters to working on pany’s biggest problems. Edison offered Tesla 50,000 dollars to redesign pany’s inefficient direct current generators. This sum was worth 1.1 million dollars in today’s money. The very next year Tesla had redesigned the generators and asked Edison for his bonus. To this Edison replied, “Tesla, you don’t understand our American humor,” thus refusing the promised payment.

Having been refused a raise in pay, Tesla resigned his position and left pany. Tesla was forced to dig ditches to make ends meet. Yet while he was doing this he began planning a new system of power distribution, one that was based on alternating current, not Edison’s direct current. In 1888 Tesla showcased an alternating current induction motor to the American Institute for Electrical Engineering. This device would be the answer to the world’s energy needs. Tesla subsequently was hired by the industrialist George Westinghouse. Westinghouse saw great potential in Tesla’s alternating current technology for long distance power distribution. Once Tesla and Westinghouse began work, a “War of the Currents” erupted between Westinghouse and alternating current on the one hand, and Edison and direct current on the other.

Despite being slandered in a propaganda campaign by Edison, Tesla and Westinghouse proved victorious when they won petition to power the Chicago World’s Fair of 1893 with alternating current. Then Tesla designed and built an alternating current power plant at Niagara Falls that successfully powered the city of Buffalo over 15 miles away. Tesla’s alternating current proved far more efficient than Edison’s direct current, and it allowed power to be sent over long distances. This system of power is still used to this day. The way it works is that alternating current electricity is generated by a power plant. The electricity is then stepped up to a very high voltage that allows it to be carried long distances with very little power loss. Then local transformers stepped the voltage down where it can be used to light lamps or heat homes. Thus power is efficiently distributed from the power plant to mon man.

The victory of the War of the Currents cost Westinghouse Electric & Manufacturing Company a great deal since they had to e Edison’s propaganda campaign. By 1897 pany was near bankruptcy. So Tesla tore up his royalties contract, freeing Westinghouse from having to pay Tesla for the use of his technology. Had Tesla not done this, he could have been the world’s first billionaire. Yet for the good of the Westinghouse Company and his vision of free energy for the world, Tesla sacrificed this fortune.

Tesla then moved to Colorado Springs where he began research on the wireless transmission of energy. In the 2006 movie The Prestige, Tesla’s assistant shows Hugh Jackman’s character a field of light bulbs that are not connected to any wires. The light bulbs are then illuminated, being powered wirelessly by a generator 15 miles away! This event actually occurred in 1899. After much research in Colorado, Tesla moved back to the east coast to Long Island, where he would test his theories of wireless energy on a larger scale. With $150,000 of funding from the industrialist J.P. Morgan, Tesla constructed Wardenclyffe Tower. Here Tesla hoped to transmit energy across the Atlantic to Paris. Yet four years later, Guglielmo Marconi made a radio transmission across the Atlantic and was credited with the invention of radio using 17 of Tesla’s patents. As a result, J.P. Morgan saw no need to continue funding Tesla’s work, since he believed Marconi had achieved what Tesla was trying to do. Tesla failed to convince Morgan that his research was for something much greater than radio. So in 1905 Tesla’s Wardenclyffe Tower project died and his dream of a large scale test of the wireless transmission of energy was shattered.

Tesla spent the rest of his life doing research in the fields of radio, remote control and electro-mechanically powered aircraft. He was also reported to have been working with the British government on a “Death Ray” but he pleted a prototype. The Death Ray would have been some sort of particle beam that would charge particles to a very high voltage and then shoot them at enemy armies or airplanes. Tesla hoped that this weapon would be a deterrent to war.

Tesla lived the last 10 years of his life alone in the New Yorker Hotel. He lived on a small pension from his homeland in Yugoslavia and worked on his research. Many thought he was insane. He was reclusive and was probably afflicted by an pulsive disorder. The modern world that he helped build had forgotten him. He died alone in 1934 in his hotel room. His belongings were seized by the federal government, and his remains were sent back to Serbia.

This was an ignominious end to such a remarkable life. Yet by no means should we consider his life a tragedy. Tesla’s legacy was tremendous. All electricity from power plants today is generated and brought to us by Tesla’s innovations. After his death, the Supreme Court upheld Tesla as the true inventor of radio. He invented the spark plug device in car engines, and Tesla’s work in the wireless transmission of power brought us inventions such as the Tesla coil, which is used today to generate artificial lightning, and tuned circuits which form the basis of munications today. He exemplified the indomitable nature of the human spirit.

Tesla also can show us how we should view the world and the life that we graduates are about to enter. First, Tesla demonstrated us how we should view money. Second, he showed us how we should pursue our goals and interests. Thirdly, he showed us why we should pursue our goals and interests.

Tesla never saw money as an intrinsic good. He did not work for the sake of money but he used the money earned to further his work. He once said,

Money does not represent such a value as men have placed upon it. All my money has been invested into experiments with which I have made new discoveries enabling mankind to have a little easier life.

He used money as a means to the end of advancing his research. He did not use his research as a means to the end of gaining money. Money was of course necessary to all his work and it was the lack of money that prevented him from bringing many of his ideas to fruition. Tesla could have been the world’s first billionaire had he not sacrificed his fortune for the good of pany’s success and the furthering of his technology throughout the world. Rather, he sought greater things than money, and only used money as a means to pursuing greater goods.

Tesla pursued his ideas and interests tirelessly despite being criticized or forgotten. After resigning from pany, Tesla conceived of today’s power distribution system while he was digging ditches in New York. Before working for Westinghouse, Tesla tried to start his pany, but his investors would not fund research in his idea of an alternating current system. So instead of giving in, Tesla went back to digging ditches. In his later years, Tesla was forgotten and deemed a mad scientist. He continued his research despite this. He did not work solely for the recognition of others. Instead he worked with resolve for something greater. As the Gospel of Mark says, “For what does it profit a man to gain the whole world and forfeit his life.”

Tesla wanted men to live better lives through the use of his technology. Tesla’s goal in the long distance distribution of his electricity and the wireless transmission of energy was to bring men closer together in friendly international relations. Even the goal of his Death Ray was to make a weapon so potent that wars would be put to an end. While these goals may sound cliché, they were what drove Tesla to take part in the creation of the modern world. Tesla showed us that a genuine pursuit of one’s interests for that sake of interest itself and for the sake of the betterment of mankind will lead to great things. He also showed that one should be ready to sacrifice things such as financial success and fame in order to achieve one’s goals. As we go off to start our independent lives we should ask ourselves two things. First, what truly interests us? And second, why pursue that interest? The answer to these questions should provide us with the motivation to pursue our interests with resolve. Tesla has showed us that pursuing one’s interest for a great good will lead one plete a meaningful life. He found his answer in the pursuit of happiness for the betterment of mankind. The question is, where will we find ours?

May God be with us as we enter upon our life long pursuit.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Religion & Liberty: Servant leadership in a Louisiana kitchen
Popeyes CEO Cheryl Bachelder Questions about what makes a good or a bad leader dominate many conversations as we approach the 2016 presidential election. Real leadership happens all around us, not just in the Oval Office. As we pulled together the various pieces for this Summer 2016 issue of Religion & Liberty, the informal theme of leadership seemed to connect all the content. For the interview, I was able to sit down with the CEO of Popeyes Louisiana Kitchen, Cheryl...
The danger of looking past economics and raising the minimum wage
This past week, one of the rising political figures in the Democratic Party, Mayor Peter Buttigieg of South Bend, Indiana penned an op-ed for the South Bend Tribune arguing that raising the minimum wage is “the right thing to do.” Mayor Buttigieg, cites three reasons why he believes raising the minimum-wage is the right thing to do: It’s good for business, good for the economy, and good for family. All these “goods” assume that raising the minimum-wage does not reduce...
The family economics of Jennifer Roback Morse
If you’ve attended Acton University in the past few years you’ve probably had the good fortuneto take the required foundational class “Economic Way of Thinking” from Dr. Jennifer Roback Morse. Morse became a leading economist of the family a few decades ago after discovering an assumption made by Adam Smith: The economy depends on the intact family raising children. Morse brought mon sense observation into direct contact with economic analysis in her seminal work Love and Economics, first published in...
Explainer: What you should know about the Libertarian Party platform
Note: This is the secondin a series examining the positions of several minorparty and independent presidential candidates onissues covered by the Acton Institute. A previous series covered the Democratic Party platform (see here and here) and the Republican Party Platform (see here and here). Although minor parties —often called “third parties” to distinguish them from the dominant two — have always been a part of American politics, the dissatisfaction with the Republican and Democratic parties in the current election season...
Grace renews nature (even in politics)
“We see immediately that grace is inseparably connected with nature, that grace and nature belong together.” –Abraham Kuyper In their new book, One Nation Under God: A Christian Hope for American Politics, Bruce Ashford and Chris Pappalardo offer a robustvision ofChristian political engagement, one that neither retreats from the world nor modates to its ideological whims. While many have sought to construct such a vision by trying toalign “Christian values” with particular political programs, Ashford and Pappalardo begin by focusing...
How and why the economy works — in 3 minutes
How did the economy begin? ErikaGrace Davies and Antony Davies posit one theory, “At some point in our distant past, a human who had food met another who had a spear. The two exchanged, and departed better off than when they met.” I prefer a different version of this story — one that starts with Genesis 4:2b — but the e is the same: the economy started when mankind discovered specialization and trade. ...
Study: Americans care more about test score gaps based on wealth than on race or ethnicity
For decades, researchers have documented large differences in average test scores between minority and white students and between poor and wealthy students. But a new study finds that Americans are more concerned about—and more supportive of proposals to close—wealth-based achievement gaps than Black-White or Hispanic-White gaps. “The achievement gap’s ubiquity in policy discourse and implications for American society make it important to understand the public’s beliefs about it,” say the study’s authors, Jon Valant and Daniel A. Newark. “Many proposals...
How the Shadow Banking System Fueled the Great Recession
Almost a decade has passed since the start of the Great Recession of 2008 and yet many of us are still confused about what caused the financial crisis. We know financial intermediaries like Lehman Brothers played a part, though we’re often unclear on the details. In this video, economist Tyler Cowen explains the role of the “shadow banking” system and how the incentives led to them to take on too much risk and leverage. ...
The mayor who found a simple way to help the homeless: give them jobs
The scene can be found in almost every major U.S. city: a panhandler stands on a street corner holding a sign saying, “Need a job.” But one U.S. mayor decided to try something different — by taking them up on the offer and give the person a job One year ago Berry started a campaign to curb panhandling, called There’s a Better Way. The goal of the campaign is to give panhandlers a chance at a change in life and...
Technology seen, and unseen
Although not everyone see its, technological progress has meant progress in human flourishing, notes Dylan Pahman in this week’s Acton Commentary. To answer the Luddites, first of all we must acknowledge that there is truth to what is seen. People see workers losing their jobs due to technology. When that happens (and it does), Christians and other people of good will should not be indifferent. However, not all people plain about the loss of manufacturing jobs see even this. The...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved