COMMERCE AND SCIENCE.

Pelorus Guardian and Miners' Advocate., Volume 8, Issue 13, 12 February 1907, Page 2

COMMERCE AND SCIENCE.

Michael Faraday did not fifty years ago believe in the commercial success of the electric light.. It not seldom happens that, commercial men fail to realise the value of scientific invention. Mr. Edison was interviewed a short time age, and he related his disappointing experiences with regard to electric tramways. He foresaw very early that electricity would take the place of horses in the tract-ion of street curs. So he laid down a tramway, about three miles long, near his works at Menlo Park, ami worked it electrically. 'this done, Edison invited a number of the fmalcial magnates of New Yoik to see the line in operation. They came, they saw, and were not conquered. They laid their wise heads together, and told Mr. Edison there was no future for electric traction. He had offered to let them have the line for £B,OOO, which it had cost him, but they wouldn’t hear of it.