Early bicycles received the name Boneshakers because they were made of wood with hard wheels.
Inflatable rubber tires were also a great advancement which helped to make bicycles practical and possible.
In 1898, the U.S. bicycle industry was caught in a downward spiral of market saturation, over-supply and intense price competition.
Pope issued an affidavit stating that the American Bicycle Company was incorporated on May 12, 1899.
[5] One contributor to the end of the bicycle craze may have been the advent of combustion engines which were initially applied to 4-wheel carriages.