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Great Fortunes, and How They Were Made

Chapter XVIII

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CHAPTER XVIII.

RICHARD M. HOE.

Growth of the art of printing—Birth of Richard M. Hoe—Sketch of the career of Robert Hoe—He comes to America—His marriage—Founds the house of "Robert Hoe & Co."—The first steam printing presses—He retires from business—Richard M. Hoe is brought up in the business—The mechanical genius of the house—The new firm—Richard Hoe's first invention—Obtains a patent for it—Visits England—Invents the double-cylinder press—Demand for increased facilities for printing—Mr. Hoe's experiments with his press—His failures—How the "Lightning Press" was invented—A good night's work—Patents his invention—The first "Lightning Press"—Demand for it—Rapid growth of the business of the firm—Statement of the operations of the house—Personal characteristics of Richard M. Hoe—The "Lightning Press" at work.

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