The Wright Company: From Invention to Industry (Unabridged‪)‬

Fresh from successful flights before royalty in Europe, and soon after thrilling hundreds of thousands of people by flying around the Statue of Liberty, in the fall of 1909 Wilbur and Orville Wright decided the time was right to begin manufacturing their airplanes for sale. Backed by Wall Street tycoons, including August Belmont, Cornelius Vanderbilt III, and Andrew Freedman, the brothers formed the Wright Company.

But all was not well in Dayton, a city that hummed with industry, producing cash registers, railroad cars, and many other products. The brothers found it hard to transition from running their own bicycle business to being corporate executives responsible for other people's money. Their dogged pursuit of enforcement of their 1906 patent - especially against Glenn Curtiss and his company - helped hold back the development of the U.S. aviation industry. When Orville Wright sold the company in 1915, more than three years after his brother's death, he was a comfortable man - but his company had built only 120 airplanes at its Dayton factory and Wright Company products were not in the U.S. arsenal as war continued in Europe.