The sun. [volume] (New York [N.Y.]) 1833-1916, 1900-02-11
FAREWELL TO WALL STREET.

It Is the writer's purpose TO withdraw entiraly
from the activities OF the speculative arena. to limit
his bus ness career in future TO the managsmentof q
corporation which has been established for the con.
struction and sale OF automobiles-motor carriages
for pleasure, motor wagons for business and motor
omnibuses for street trafic in competition with
electric railways.
Tho human race 10 about to undergo the most Dc.
cisive economic revolution of its history. Radical
changes In the modes Of transportation will make
suburban life agreeable, local business Interchange
more rapid. and enable families OF limited means to
enjoy the parks and country roads In q manner here.
tofore confined to the rich.
MI. W. ". Gibbs OF Philadelphia is the President
OF this new company, Ghe writer has had business
cooperation with Mr.. Gibbs for many years. He
merits and receives the esteem. admiration and
confidence Of all who know him. With the conh-
Dental cooperation OF private capitalists. we have
brought together certain interests Of England and
America in such manner as to give this company .
comprehensive grasp upon this Imposing industry.
We have with US those men who have had the best
experience on both sides Of the ocean, those patent
which have proved Of the most value. the necessary
financial resources and all other essentials Of sue.
cess. II Ia the opinion ofthe writer that before many
months this corporation will be manufacturing
and distributing more automobiles than all other
manufacturer Of the world combined. In view Of
these essentials and the marvellous unfolding Of this
illimitable industry. the editor OF this column
records these words, 'Of all the business situations
I have ever studied. I regard the outlook Of the
Anglo.American Rapid Vehicle Company tho most
promising and brilliant" We now expect within
ninety days to begin the delivery Of the simpler
types Of motor carriages for pleasure. These car.
rages for two persons will be sold at $500. and for
four persons at prices ranging somewhat hiLher.
Tlese yplicles will he Cpnatructa1 altO1pthpr on
bicycle lines and everybody knows America is ahead
OF all countries IN that kind Of workmanship. II is
believed that the demand for these vehicles will far
exceed our earliest output and therefore orders will
be received. stamped and numbered: and the prec-
edence Of those numbers will be rig Idly adhered to.
For the entertainment and inst uction OF the New
York public we will place u considerable nunbsr
Of imported vehicles made ~ our own connections
on exhibition In store.r ON, corner OF 6th Avenue
and 27th Street, on Monday. February 10th. This
interesting exhibit Will illustrate some Of the later
developments OF the industry and give some idea Of
the types Of carriages and omnibuses which our
company will construct.
1t will interest the American public to know that
our company proposes to redeem tn. reputation Of
Americans in Europe with refer n o to this branch
OF applied science. We have four racing machines
In process OF construction which will DO sent to
France for competition. II Ia the unanimous opin-
ion Of all our experts that these cars will develop .
sustained speed which has not been heretofore
shown by any racing automobile built in France or
elsewhere.
Correspondence in reference to the business OF the
company may be addressed to the undersigned a.
Vice. President ~ the ~Anglo.American Rapid Vehicle
Co, at 20 Broad Street. New York.
Now, dear reader friends. one hnsl word: Men
may come and men may go. wall Street will 90 on
forever. Margins will be fed and tattened and then
brought to slaughter In the future a. in the past,
Just now the railway situation will protect You In
the cautious accumulation Of selected railway
shares. II you hold them with courae, you may
improve your fortunes. On the contrary IL you AZ.
tempt a constant struggle with the superficial
fuct nations Of the market and imagine that you can
battle with the market through your process OF
reasoning and become enmeshsd In the manipulation
Of the experts. you viii soon realize that tho locality
whore margins are mAnsu~errd 10 auckland terri.
tory and the period will not be . long one bsfor,
you will nnd yourselves marching In the procession
Of the doomed.
ERANCIs D. oARLBY.