The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1917-06-09
STANLEY COMPANY
INCREASES CAPITAL
Concern Is ReOrganized on
an Increased Scale.
PRESCOTT WARREN PRESIDENT
History Of Organization Is Story Of
Absorbing Interest.

The automobile industry is deeply
interested in the announcement that
the Stanley Motor Carriage Company,
OF Newton. Mass, has been reorgan-
lied on a greatly increased scale.
The company is widely known as one
of the oldest in the motor car busI-
ness. and has long held the reputation
of being one of tho most conservative.
The name still remains the Stanley
Motor Carriage Company. The capi-
talization is increased to $4,000 600 of
preferred stock and 100 900 shares Of
common stock OF no par value. There
will be no public offering OF stock.
story Of Absorbing interest
The first Stanley car was built In
1895 by the brothers, =. o. and = E.
Stanley, for their own personal use
At that time their business was the
manufacture OF the Stanley photo
graphic dry plate. and their factory
building is now part Of the extensive
Stanley works. The original car was
so successful in operation that it en-
couraged them to further efforts. and
during the next two years a number
Of cars were quilt and sold to impa-
tient buyers.
In the spring Of 1898, first steps
were taken for the manufacture 81
cars for sale, and in that year per-
haps dozen were completed and
sold. That fall and the following
spring. 200 stock cars, ali alike, were
built, and they we're all delivered BY
July, 1899. This furnishes the basis
of the claim of the stanleys that
they are the first builders in the
world of cars in commercial quantI-
ties.
Many important advaneements in
steam engineering were deveIoped in
the Stanley experimental laborator-
les, one of the most important Of
which Is the Stanley method Of super
heating steam, to which the modern
locomotive owes much OF its power
and efficiency.
The power gensrative plant oon-
sists of a kerosene burner and a
boiler under the hood. In this boil
er, the power is stored in advance
for instant application to the driving
wheels and controlled by merely NOV
ing a finger lever on the steering
wheel
Power stored In Boiler.
There Is no clutch to pedal. and no
gears to shift, the engine being con-
stantly in mesh with the differentiaI.
Enough power is stored in the boiler
to drive the car three or four miles
on ordinary roads without burning
any fuel. This stored power gives
the Stanley tremendous advantages
for acoeleration for city driving, for
bad country roads, and for hill
and eliminates any posi-
bility OF stalling the motor. The en-
CINE Is of a unit in itself suspended |
from the chassis and geared direct |
into the diffeTential. II is of stand
and steam practice, developed by the |
Stanleys through twenty years, and |
has two simple double-aoting cylIn- |
ders and link motion reverse
The Stanley power plant consists
or only thirteen moving parts, and 4
Is recognized by engineers generally
As the highest development in the
art OF steam engines. UnquestIon-
ably there are many who feel that
now that human ingenuity has eK-
hausted itself in development of the
Internal explosive motor. the world
will turn to steam as the simplest
Ind cheapest Fundamentally best
adapted power for propelling road
vehicles.