pcarrell
Just a guy
I'm still trying to figure out exactly what the Hollman Horror was attempting to gain...
Basically it was designed as a lure in a stock-market swindle.
It was built by the Holman Locomotive Company in 1887 in Philadelphia, and was at once ridiculed by everyone with the slightest knowledge of railways or mechanics. The thing was run for a few trips on a straight railroad in New Jersey, merely as a stimulant to stock sales.
As Angus Sinclair put in 1907:
"When we first heard of the Holman locomotive we supposed that it was the invention of some harmless crank who did not understand the elementary principles of mechanics, but we now believe that it has been, since its inception, an ostentatious machine designed to allure unwary capitalists into an investment which will be of the same real value as throwing gold coin over Niagara Falls."
It has only recently become clear that there were two Holman locomotives, and the whole business is still very murky. If the first Holman loco was built in 1887 for a stock-market swindle, it seems very strange that the crooks should be ordering another insane loco- with the same very distinctive features- only ten years later. Were they trying exactly the same scam again? If so they they must have thought investors had very short memories. Perhaps they were right.
It was built by Baldwin in 1897 for the Holman Locomotive Speeding Truck Company, no doubt for use in further stock-market scams. Presumably it was eventually returned to Baldwin, for it was later converted to a conventional 4-4-0 configuration and sold to the Kansas City and Northern Connecting Railroad, where it hopefully was able to live down its shameful past.