From The Collaborative International Dictionary of English v.0.48 :
Safety bicycle \Safety bicycle\ A bicycle with equal or nearly equal wheels, usually about 28 inches diameter, driven by pedals connected to the rear (driving) wheel by a multiplying gear. Since the 1930's this has been the most common type of bicycle, now simply called bicycle. The older high-wheelers are often referred to as bone-rattlers. [Webster 1913 Suppl. +PJC]From WordNet (r) 3.0 (2006) :
safety bicycle n 1: bicycle that has two wheels of equal size; pedals are connected to the rear wheel by a multiplying gear [syn: safety bicycle, safety bike]