One Thousand Ways to Make Money by Page Fox

realized. New York capitalists, with millions of dollars at their command, have united in a great scheme to supply electrical energy to run the elevated and surface railroads and the factories of the metropolis. They propose to do away with steam entirely, except for heating purposes. They will control more than 1,000 square miles of the watersheds of the Catskills, and the mountain streams will be harnessed to furnish electricity for New York. The company claim to have the names of such well known persons as Thomas C. Platt, Silas B. Dutcher, and Edward Lauterbach as interested persons in the scheme, and it is said that the undertaking will be on a much grander scale than the similar one at Niagara, to which the Vanderbilts, the Webbs, and other famous manipulators of finance have furnished backing. If this scheme should materialize, it will undoubtedly be one of the best paying investments.