One Thousand Ways to Make Money by Page Fox

854. ELECTRICITY.--At present electricity sends our telegraph messages,

projects our voices through the telephone, propels our street cars, lights our streets and dwellings, and in some States executes our criminals. But it is altogether likely that this as yet comparatively unknown power will be extended into a hundred untried fields. Here is a single example of the economy in its use: The Baldwin Locomotive Company discovered that they were losing eighty per cent. of steam power in shafts and belts. They installed electric motors and reduced the bill for power immensely. Hundreds of large establishments waste from one-fourth to three-fourth of steam in the same way. If electricity can save from $14 to $50 per day, as in the case just quoted, it is surely well worth a trial.