I don't think that is correct. As far as I have seen and read, 1914 was to be the BEGINNING of Armageddon, and the start of the Earthly paradise was to be a little later, 1915-16 or so, I don't have the quote in front of me, but Russell on the wholesale collapse of governments etc
It is 100% correct.
"But bear in mind that the end of 1914 is not the date for the beginning, but for the end of the time of trouble. Zion's Watch Tower 1894 Jul 15 p.226
"THE "Time of the End," a period of one hundred and fifteen (115) years, from A.D. 1799 to A.D. 1914, is particularly marked in the Scriptures. "The Day of His Preparation" is another name given to the same period " Studies in the Scriptures - Thy Kingdom Come p.2