Business: Trolleys

The trolley car, or—as their operators prefer to call it—the "electric railway industry," is only 36 years old. Not until May 4, 1888, did the first commercially successful overhead trolley car appear in this country and spell the extinction of the older, slower and smaller 'horse car ' systems. To Richmond, Virginia, belongs the honor of witnessing on that date the beginning of the electrically-operated street railways. From that experimental beginning, the industry grew until at present it represents about $6,000,000,000 of invested capital, an annual income of about $1,000,000,000 and a...

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