Edison confesses that he has never made a cent out of his patents in electric light and power--in fact, that they have been an expense to him, and thus a free gift to the world.[18] This was true of the Euro- pean patents as well as the American. "I endeavored to sell my lighting patents in different countries of Europe, and made a contract with a couple of men. On account of their poor business capacity and lack of practicality, they conveyed under the patents all rights to different corporations but in such a way and with such confused wording of the contracts that I never got a cent. One of the companies started was the German Edison, now the great Allgemeine Elektricitaets Gesellschaft. The English company I never got anything for, because a lawyer had originally advised Drexel, Morgan & Co. as to the signing of a certain document, and said it was all right for me to sign. I signed, and I never got a cent because there was a clause in it which prevented me from ever getting anything." A certain easy-going belief in human nature, and even a certain carelessness of attitude toward business affairs, are here revealed. We have already pointed out two instances where in his dealings with the Western Union Company he stipulated that payments of $6000 per year for seventeen years were to be made instead of $100,000 in cash, evidently forgetful of the fact that the annual sum so received was nothing more than legal interest, which could have been earned indefinitely if the capital had been only insisted upon. In later life Edison has been more circumspect, but throughout his early career he was constantly getting into some kind of scrape. Of one experience he says: