Penny-farthing term and "hi-wheel" (and variants) are preferred by many modern enthusiasts. Following the popularity of the boneshaker, Eugène Meyer, a Frenchman, invented the high-wheeler bicycle design in 1869 and fashioned the wire-spoke tension wheel. Around 1870 English inventor James Starley, described as the father of the bicycle industry, and others, began producing bicycles based on the French boneshaker but with front wheels of increasing size, because larger front wheels, up to in diameter, enabled higher speeds on bicycles limited to direct drive. In 1878, Albert Pope began manufacturing the Columbia bicycle outside Boston, starting their two-decade heyday in America. Although
Marc Eugene Meyer 1890), Meyer was reassigned to New York City to oversee Lazard's investments, and was seminal in persuading J.P. Morgan and many European investors not to liquidate their holdings. The act was soon repealed and the crisis resolved. In 1867, he married Harriet Newmark, daughter of rabbi Joseph Newmark (Harriet's sister Caroline had married Solomon Lazard) and sister of Myer J. Newmark; they had five daughters and three sons His son, Eugene Isaac Meyer, married Agnes Ernst. His daughter, Rosalie, married Sigmund Stern, the nephew of Levi Strauss and son of David Stern; and his daughter, Elise, married Sigmund's brother Abraham