Various, Scientific American Supplement…
“ From numerous and exhaustive tests with accumulators on cars in this country and abroad, I have come to the conclusion that the motive power for hauling a full-sized street car for fifteen hours a day does not exceed $1.75, and this includes fuel, water, oil, attendance, and repairs to engine, boiler, and dynamo. We have thus an immense margin left between the cost of electric traction and horse traction, and the last objection, that relating to the depreciation of the battery plates, can be most liberally met, and yet leave ample profits over the old method of propulsion by means of animals. ”
