Never heard that story, and my first reaction was that it was Urban Myth. $2,000 in 1892 dollars could purchase a spacious two-story home with multiple fireplaces. That seemed to be an extravagant fee, even for a popular piano virtuoso. It’s about $50K in 2013 dollars. That young Hoover could have raised $1,600 (+$40K / 2013) in a short amount of time is just as astounding. But it appears the story is true.
Great cartooning with amazing .gif animations by Neil Sanders.
“The transistor was probably the most important invention of the 20th Century, and the story behind the invention is one of clashing egos and top secret research.” True.
Top image from here.