Richard T. James the Slinky Inventor -- CNBC spotlight

Richard T. James[1] (1914 -- 1974) was a naval engineer. He and his wife, Betty, were the inventors of the Slinky. The Slinky was invented in Philadelphia, Pennsylvania.


[edit] The Slinky
Richard James, a Westtown School graduate, was trying to develop a meter designed to monitor power on naval battleships. He was working with tension springs when one of the springs fell to the ground. He saw how the spring kept moving after it hit the ground, and an idea for a toy was born.

The Slinky was successfully demonstrated at Gimbel's Department Store in Philadelphia, Pennsylvania during the 1945 Christmas season and then at the 1946 American Toy Fair. He also said that a colored slinky looks like a rainbow.

Richard and Betty James had US$500 to put their new company, the James Spring & Wire Company, into use and mass produce the "Slinky". It became a huge success, with around a quarter billion Slinkys purchased to date.

Around 1960, Richard left his wife to join an evangelical religious sect in Bolivia, telling her he did not care what she did with the company. Betty James took over as CEO of James Industries and rescued the company from the debts left by her husband's generosity to his religion.[2] She moved the company to its current Hollidaysburg, Pennsylvania location from Philadelphia and began an active advertising campaign complete with the famous Slinky jingle.

James died in 1974 in Bolivia.

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• James
• Slinky
• Inventor

[TheEarldog]

Richard T James went nuts and joind a cult in Europe,and was not seen again.

[juandenz2008]

Is there any footage of Richard T. James himself talking about the Slinky? Also who is the anchor? I don't normally watch CNBC, but she always seems to show up on these kind of clips.

[loveatthedisco]

yeah you go pennsylvania!