New-York tribune., 1908-07-19
DOUBLED HIS MONEY IN TWO YEARS

Among the developers OF trolley lines-eelf-cre-
ated. geared to ono speed. and that two miles to
the minute. buoyant and diplomatic, but eagerly
combatire when II comes to the pnch-none has
been more robust and successful than George 7.
Bishop. the so-cal.ed trolley king Of America He
built q road in Texas and doubled his money in
two years. Previously he had made some small
trolley investments in Ohio. where he was bonn
snd where he grew UP In business under the direct
instruction OF John Newell. yrecident OF the Lake
Shore Railroad and father in law OF James Rudolph
Garfield and OF Samuel r Galloway, who 1t . later
day became the executive head OF the American
Locomotive Company.
When galloway quit the presidency OF the New
York Central he said he tired OF working for
wages A partnership and a competence were
opened to him in the building OF locomotives
Bishop also weary Of wages and wanted the
leadership and the profits in adventure OF his
II is thirty-four miles from Dallas to Fort Worth
4n Texas. Bishop built a modern. high speed cleo
tric road between those two cities. Cleveland men
supplied the rnoney-1eveland has always special
1xed IN 1rolieys- Bishop WAS Eone twenty -four
months. When he returned he hrought back his
capital OF 100000 and a dividend for his syndicate
OF 100 per cent!
The doors of an banks hr open at the mere ap-
proach OF successful man. He doesn't have to
saw anything. Bishop young but he had mul-
tiped his funds by two Since then he has had
millions to command Several months ago he COM
pieted an electric road between Baltimore and
Washington, with long spur TO the United States
Naval Academy at Annapolis
A railway clerk the age of eighteen, Bishop II
worth q million at forty-four. and a type Of the
capitalists who arc still TO produce much new
wealth for the public and for themselves. and
around whom soon TO be centred questions OF
vital concern TO the people CT the United States
William Brown Mckinley, OF Illinois, a Repre-
sentative in Congress also banker and farmer
and the manager OF Joseph G. Cannons recent
Presidential boom. also belongs to the trolley plu-
fccrAcy He IL a type well as Bishop
What part OF the country, asked Mr. Bishop.
s.has the largest Investments in electric roads,?
OHIO LEADS THE COUNTRY.
.-ohio, with 2aU miles, he replied, "and then
Indiana. Michigan and Illinois There are 5000
miles OF electric railways II this country, n,0oo
miles Of which are interurbsn against LOCO miles
1n Canada The word interurban, IN description OF
,ndependent electric lines connecting villages or
cities. into about ten or twelve years ago.
Before then city lines extended TO near by towns
were called suburban roads. suppose the exten-
sion OF the city lines in Albany to Troy was
really the first suburban road In the country In
sns an interurban road was built from Cleveland
70 the village OF Berea- about thirteen miles dis
.aut Two or three years later road was con-
etrused between Cleveland and the city OF Akron
The lines to Berea and Akron. perhaps were the
1-st jnter.lrban roads IN the United States
..How long has electricity been employed AZ a
motive power?'
-Since $780, when Thomas A Edison exhibited the
v.orkine model of electric road and motor, at
MEMO Park in New Jersey. The nrst city line 10
,,e electrified was at Richmond, Va, in 1851. The
motors used were designed by Frank Sprague. OF
New York About the same year John B. Henry,
Of Kansas City, began TO operate an eiecfr1c ROAD
with motors made by Van der Poel- Now. twenty
eight wears after Edisons crude little model in
New Jersey hundreds of millions OF dollars are In
vested in electric manufacturing establishments
and electric railways and hundreds of millions OF
new money will find profitable investment in the
.uture.
Just now indianapolis is the greatest electric
railway in the world. suppose as many as
ten interurban lines that city. The terminal
station like the union station of dozen big
steam roads. i recently heard q man say that the
people Indiana had the trolley habit and that is
true Everybody rides Five million passengers
were taken in and OF Indianapolis last year.
freight, and freight, far. be called
incident OF the business.
Detroit is another important trolley centre Con-
ductors the interurban lines there began carry-
ing little packages q favor to patrons and ac-
are now making daily trips Of that city, Last
wear $1,000 cans OF milk taken into Detroit by
trolley What is being done Indianapolis and
Detroit win be followed with equal success At many
other po,nts throughout the country.
There are kinds OF electric railway propo-
e,tions-buiding high speed roads between cities
anx shoestring roads between irregular Iinss Q,