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SUITE CHAMBER
ELECTION TO BE
HELD SEPT.1B
New Commercial Organization Is
Expected to Draw Big Delega
tions to Macon Meet.
The newly formed Georgia Chamber
of Commerce will hold an Important
meeting at Maron September 16, when
the representatives of the State's
commercial, manufacturing and agri
cultural Interests will be present to
complete the details of the organiza
tion and to elect a State president.
Several cities are planning to run
special trains to the meeting, Atlanta
and Albany among the number. The
Atlanta Chamber of Commerce wilt
he represented by a large delegation,
and the surrounding towns of College
Park, Kirkwood, TJthonla, Stone
Mountain, Decatur, Madison, Winder,
TjaGrange, Newnan, Gainesville and
others have been InvitPd to join the
delegation and go to Macon in “The
Atlanta Special."
The Georgia Chamber of Commerce
had Its beginning July 23 at a meeting
held 1n Atlanta under the auspices of
the local Chamber of Commerce. The
main purpose of the Maoon meeting
Is to perfect the organization and to
adopt plans for Immediate and t g-
gresslve work.
Each County Represented.
The president will be chosen from
amorg a number of candidates who
are well knowm for their executive
ability and for their Interest in the
progress of Georgia a luhg every' line
of development Kach county of the
State will be represented liy a vice
president, the appointment of these
officers resting In the power of the
executive committee, of which C. J.
Haden. of Atlanta, is the chairman. A
number of the vice presidents already
have been named.
The other members of the execu
tive committee are: P. M. Atkin
son, Madison; R. D. Cole, Newnan;
J. S. Davis, Albany; G. W. Deen,
Waycross; J. A. McCord, Atlanta; W.
H. Shlppen, Elltjay, and C. A. Wlck-
ersham. College Park.
Charles D. McKinney, of Decatur, Is
temporary secretary.
Some of the specific alms of the
Georgia Chamber of Commerce are:
To organize local commercial
bodies such as Boards of Trade
and Chambers of Commerce in
every one of the 14k counties of
Georgia, where no such organiza
tion has yet been formed.
To aid commercial bodies al
ready organized.
To bring about more effective
co-operation between the various
commercial organizations of the
State.
Will Aid Farmers.
To bring the farmers and busi
ness men closer together in a
study of better methods of agri
culture.
To foster all movements of
every kind that seem calculated
to bring about bitter Industrial,
agricultural and commercial con
ditions and the general social
betterment of the State.
To advertise persistently the
resources of the State of Georgia
to the people of other States of
the Union.
To study conditions of the
State as a whole. In such matters
as education, sanitation, roads,
farming anil manufacturing and
to present the results of this study
to the people of the State through
the daily and weekly press.
Courts to Settle
Sewer Tax Dispute
Whether the city has the right to
collect assessments for sewers from ,
property owners along streets where ;
•ewers have been installed, but no wa- |
ter connection given, is a question which I
will be thrashed out in the courts. There
is due approximately J 15,000 by prop- j
erty owners on these assessments, and
City Attorney Mayson has Instructed
City Marshal James M. Fuller to Issue j
fl. fas. against those who have not paid j
up.
It is understood that practically every j
one of the property owners will resist !
collection until water connection is giv
en them. Mr. Mayson la of the opinion
the city can regally force collection by ;
levying upon the property.
Countess Is Freed of
Wrecking Apartment
CHICAGO, Sept. 8.—As a rule you will |
find few royal Russian countesses in
Chicago who will stick out their tongues
and give vent to a spiteful, satlatied
"bah
Countess Adelaide DeRogal Alien did
so when the charge of disorderly con
duct against her was dlsmigead. She
was charged with doing worth of
damage to statuary, vines and furnish
ings at the bachelor apartments of O.
Bock.
Rotary Club Aim Is
To Serve Interests
Of Every Atlantan
Purposes of the Rotary Club, which
was recently established in Atlanta,
wore fully explained at the Piedmont
Hotel by Ivan E. Allen and Albert 8,
Adam . returning delegates to the fourth
national convention of Rotary Clubs In
Buffalo. The meeting was well attend
ed, and much enthusiasm was mani
fest ed
Messrs Adams and Allen told In de
tail the work of the club In order to
offset the common Idea that rotary clubs
nr* organized for pure business trading
The real purpose of the Rotary Club,
they explained, was to represent and
serve the Interests of all Atlantans In
every trade and profession.
Quoting from President Mead’s speech
at the convention, Mr. Adams declared
that the ideal rotary club was the most
representative commercial body the
world has ever known "Service and
Not Self," he sakl, "is the true motto of
ull Rotarlans.”
TTTE ATLANTA GEORGIAN A NT! NEWS.
LOBBYIST
C. H. Kelley Becomes
‘Regular’ Alderman
C. H Kelley Is no longer Just plain
"Mister”—he is now "Alderman Kelley
from the Second Ward,” following the
brief Installation ceremony Tuesday af
ternoon. Alderman Kelley succeeds Jno.
E. McClelland, resigned.
Alderman Kelley also will succeed Mr.
McClelland In all committee assignments
with the exception of the Tax Commit
tee. Charles Whiteford Smith was ap
pointed to this place by Mayor Wood
ward
F. B. More nee will succeed Alderman
Kelley as a member of the Water Board
following the unanimous election by the
Second Ward delegation The vacancy
on the School Hoard caused by the death
of Dr. G. Y Pearce will be filled at the
next Council meeting.
From Wealthy Home
To Cafe Dishwasher
SAVANNAH, Sept. 3.—From a home
of wealth and refinement In New York
to a dishwasher In a Savannah cafe
was the story revealed in the search for
Mrs. Mollle Gotthelf Ounterman.
A year ago the pretty wife of H. R.
Gotthelf. New York lace Importer, eloped
with Antone Ounterman, electrician.
Her husband followed her South, but
she refused to go back with him. A
few days ago she left Ounterman. who
was living at Augusta, and came to
Savannah. She tried to secure passage
to New York, but falling, sought em
ployment in a cafe. Ounterman per
suaded her to return to Augusta with
him.
‘Gil’ Anderson Wins
Wife Back With Race
CHICAGO, Sept. 3.—Did the win
ning of the Elgin trophy race last
Saturday act as the principal factor
In reuniting “Gil” Anderson with his
wife? It Is whispered that it did.
Anyway, Mrs. “Gil,” who, during the
race, was preparing to get a divorce
from the daring driver, has recon
sidered.
"I knew somebody was pulling for
me all the time,” said Anderson.
"Now I know It was—my wife!”
It Is expected that a reconciliation
will be effected at once.
High German Official
New Envoy to Japan
Special Cable to The Atlanta Georgian.
BERLIN, Sept. 3.—Evidence of
closer relations between Germany and
Japan in the future came to-day with
the appointment of Under Secretary
of State for Foreign Affairs Zlmmer-
mann to be German Ambassador to
Japan.
The German Minister at Buenos
Ayres will'be recalled to tho Foreign
Department to take Herr Zimmer
man n's place.
Miss Susie Wells Puts Stop to
Contemplated Change of Mc
Daniel St. to Oxford Place.
Miss Susie Wells, who lives at the
Piedmont Hotel, declared that woman
does not need tho ballot to exercise
a real political influence, when, at the
meeting of Council Monday, her ef
fective lobbying prevented the chang
ing of the name of McDaniel street
to Oxford place.
It was the climax of a fight that has
been in progress for months. A num
ber of residents petitioned Council to
change the name of the street to a
more stylish one. Miss Wells Inherit
ed considerable property on that
street from her father. She declares
that plain old McDaniel, In honor of
Governor McDaniel, of Georgia, was
good enough for her, and she per
suaded a majority of the property
owners on that street to back her up.
A number of women were on the
other side of the question and they
won a majority of the Streets Com
mittee. At the meeting of Council
Tuesday Alderman J. W. Maddox
made a stirring speech in behalf ot
Miss Wells’ cause and the recom
mendation of the committee waa re
jected.
Miss Wells and her feminine op
ponents who sat across the room from
her alternated in the cheering dur
ing the debate. Then to satisfy the
McDaniel street folk. Councilman
Claude C. Mason Introduced a resolu
tion to take the name Pittsburg, the
southern negro section of the city, off
the McDaniel street cars. The reso
lution was adopted and will be trans
mitted to the officials of the Georgia
Railway and Power Company as a re
quest.
PATHFINDER CAR IN
Trail Blazing Party Reaches Mor
gan City After Strenuous Battle
With the Elements.
Banker Mellon May
Re-Wed Former Wife
PITTSBURG, Sept. 3.—Andrew' W.
Mellon has reached an understanding
with his former wife, their friends
assert, and the two will remarry. The
millionaire banker was granted a di
vorce in the spring of last year.
Mrs. Mellon was visiting her two
children, It Is said, when Mellon also
appeared, and the question of a re
union for their sake came up.
80 Royal Scoins at
Manuel's Wedding
Special Cable to The Atlanta Georgian.
BERLIN, Sept. 3.—Eighty royal
princes and princesses will take part
In the marriage of King Manuel, of
Portugal, and Princess Augusta Vic
toria. of Hohenzollern, which Is to
take place next Thursday at Sig-
marlngen, England, the bride's home.
Manuel Is due to arrive at Sig-
marlngen to-morrow.
Cheered by hundreds of good roads
and highway boosters and greeted by
the best brass band in town, E. L.
Ferguson and his party of transcon
tinental pathfinders glided Into Mor
gan City, La., late Tuesday after a
harrowing experience with a terrific
thundershower sixteen miles out.
As a result of the downpour the
tourists were delayed several hours.
They probably will not reach Lake
Charles before Saturday nor Orange
City before Monday. Houston, how
ever, probably will be made on the
original schedule time.
Morgan City’s reception was second
only to the monster reception tend
ered in the larger cities along the
transcontinental route. The citizens
showed the greatest enthusiasm In
the monster highway project and
pledged their support to Mr. Fergu
son in every way possible. According
to announcement of parish officials
several of the highways will be en
tirely rebuilt within the next year
and all of the roads will be put in
the best of condition.
The sentiment at Morgan City was
similar to that manifested all along
the Louisiana trail, at Donaldsonville,
Napoleonville, Thibodeaux, Houma
and intermediate towns. Rousing
greetings were extended to the path
finders in each of these towns.
Mail Order Bride Is
‘Shipped Back’ Home
LAPORTE, IND., Sept. 3.—The lit
tle Michigan town of Allegan fur
nished the setting to-day for an un
usual climax of what had been
planned to be a very happy event.
Oakley O, Ring, a young business
man. of Otsego, Mich., advertised for
a wife. One of the letters which he
received came from a young woman
who gave her name as Margaret Ben-
net, with Chicago as her home. Court
ing w’as conducted by correspondence.
Yesterday Ring obtained a license at
Allegan, and, going to the depot,
awaited the coming of Miss Bennett.
To-day was the appointed time for
the ceremony, but it was not per
formed. Ring explaining that “she did
not.flll the bill, so I shipped her back.”
THREE A CROWD?
Not when the third party is an \
Eastman Kodak. Brings as many]
heads together as Cupid. Jno. L. <
Moore & Sons are Kodak head
quarters, at 42 North Broad street.
Expert film finishing.
The Best Food-Drink Lunch at Fountains
38T Insist Upon
gJAPI
GENUINE nUltLIvrl 9
Avoid Imitations—Take No Substitute
Rich milk, malted grain, in powder form. More healthful than tea or coffee.
For infants, invalids and growing children. Agrees with the weakest digestion.
Pure nutrition.upbuilding the whole body. Keep it on your sideboard at home.
Invigorates nursing mothers and the aged. A quick lunch prepared in a minute.
■h
CASTOR IA
For Infants and Children.
The Kind You Have Always Bought
Bears the
Signature
Rev. Dr. C. F. Aked
Joins Hearst Staff
SAN FRANCISCO, Hept. I.—The Rev.
Charlew F. Aked, formerly pastor of
Rockefeller’s Fifth Avenue Church in
New York, has joined the staff of Wil
liam Randolph Hearst’s Examiner here.
Dr. Aked will write three articles a
we ok, to appear on the editorial page,
and in addition will offer comment on
Weak, Nervous and
Diseased Men
Permanently Cured
Kl
DR. HUGHES Is an
experienced upeolallet.
Dr. Hughes sue
fully treats and
manently cures
mature W e a k n es«.
Blood Poison. Kidney, Bladder. Pros
tatic and Contracted Diseases and all
Chronic and Private Diseases cured In
a few days, Varicocele. Hydrocele
Stricture Piles and Fistula. I am
against high and extortionate fees
charged by some physicians and spe
cialists You will find my charges
very reasonable and no more than you
are able to pay for skillful treatment
Consult me in person or by letter and
learn tho truth about your condition,
and perhaps save much time, suffer
ing and expense. 1 am a regular
graduate and licensed, long estab
lished and reliable
For 30 days my fee will be ]ust one-
half what other specialists charge, or
Weekly or Monthly Payments Ac
cepted.
FOR BLOOD POISON 1 use the
marvelous GERMAN REMEDY. "606’
or “914.” and such improved remedies
used for the cure of this disease No
detention from work.
For Weak Men. Lymph Compound,
oombfned with my direct treatment,
restoring the vital forces to the fullest
degree.
In Chronic Diseases my patients are
cured in less time, quickly, and 1 use
the latest Improved methods Consul
tation and advice Free. Call or write.
DR. HUGHES.
Opposite Third National Bank,
16 2 N. Broad St.. Atlanta. Ga.
Hours 9 a. m. to 7 p. m.; Sundays.
9 to 1.
This SixRoom Bungalow
Is at East Point, Very Near Chert Road and Street Car Line
With Best Service in the City.
p*ff*S p 7" T '
Vi
It * • -' fei
" w mn •• • • SW- V- h* ■ v .
' BNNI
v ,-n^
It#*
House has large veranda, living room, sliding doors to
Dining Room, swing door to kitchen with China Closet and
Pantry. Hall to latticed porch; three bedrooms, electric
lights, oak mantels with tiles and grates. House is well
built, only the best material being used.
Lot nearly level, fenced with all necessary outhouses,
and right at the street car line.
Located in the most progressive part of a very progres
sive town and only 25 minutes from the heart of Atlanta;
this will make a delightful home and a fine investment and
can be bought on very easy terms with no mortgage.
It will pay you to investigate this.
W. D. BEATIE, 207 Equitable Bldg.
Both Phones 3520.
Library Trustees
Made Movie Censors
Persons with the "movie” craze
certainly will envy the members of
the Board of Trustees of the Carne
gie Llbary. City Council has passed
an ordinance empowering this body
to inspect every film and to say which
shall and which shall not be shown
in Atlanta.
The ordinance, offered as a substi
tute for numerous measures aimed at
things theatrical, provides that no In
decent songs or jokes or clothes shall
be permitted on Atlanta stages. It
strikes the provision recently urged,
prohibiting tights or short skirts.
The Council refused to legislate on
this form of entertainment except in
general terms.
WOMEN AS LIFT PILOTS.
NEWARK, Sept. 3.—Carrying out
the idea that the new building of the
Young Women’s Christian Associa
tion here will be a woman's building
In every respect. Young women have
been trained as operators of the ele
vators.
Week's Oyster Diet
To Cheapen Living
WASHINGTON, Sept. 3.—The in
auguration of a national “oyster
week,” when the bivalves shall take
the place of meat on the tables of
the United States, was indorsed to
day by Dr. Carl I* Alsberg, chief
of the Bureau of Chemistry of the
Department of Agriculture.
Dr. Alsberg holds that the substi
tution of oysters for meat would bring
the bivalve Into greater une through
out the United States and help to
bring about a decrease in the cost
of living. The week of October 20 is
the time officially set.
Yuan to Resign When
Peace Is Restored
Special Cable to The Atlanta Georgian.
MUKDEN. MANCHURIA, Sept. 3.
—A telegram from Pekin quotes Yuan
Shih Kai as saying he will resign the
Presidency of China as soon as peace
is restored.
Graham Crackers baked by the
National Biscuit Company have a
flavor and zest all their own. You
will relish them. They will nourish
you.
NATIONAL BISCUIT
COMPANY
GRAHAM
CRACKERS
Made from the finest materials and
perfectly baked, they come to you
fresh, crisp and clean — in the mois
ture-proof package. Eat them at
meals and between. Give them to
the children without stint. Always
look for the ln-er-seal Trade Mark.
10c
The “Ice Kist
jy
APPROVED BY :
Good Housekeeping Institute
No
No Dasher
No Handle
No Cogs
No Wheels
No Wood
No Hoops
No
Hard Work
$1.95
For the ICE-KIST all you have to do is to pour
in the cream, sherbet or whatever refreshment it
T* LE All ma Y be, and pack in the ice as in the ordinary
InHI w ALL freezer. Then the work is ended. There is no
working a daw her, no turning a handle or
crank, no straining your arms and back, no opening the freezer to "see”
if it is freezing, no extra packing in of ice. All you do after packing is to
open the freezer and serve the refreshment. It saves work, time, trouble
and—you.
Perfect
The Ice-K 1st has no dasher or
crank because it has two freezing
sur faces. The old-fashioned
freezer had only one freezing
surface—that is why a crank and
dasher were necessary The
Ice-KIst has a metal freezing
tube that extends directly through
the cream to the bottom This
gives the two freezing surfaces.
The cold penetrates from the
center and from the outside,
too. The cream is frozen with a
smoothness that will delight you.
Special (5-Day Offer
We want you to know the ioy of having an Ice-Kist Crankiest
Freezer in your home. We wifi send it post-paid upon the return of the
coupon together with $1.95—our introductory price If after trying the
ICE-KIST lor 15 days, you are not delighted with it. return it and we will
return the *1.95. Don t let the coupon get lost. Send it NOW
MUTUAL RELATIONS AND INTERESTS
OF THE BELL SYSTEM AND THE PUBLIC
$1.95
PACK IT
POSTPAID
15 DAYS’ TRIAL
2-QUART SIZE
The Ice-Kitt makes a beautiful
and perfect-frozen mold.
Oil
S Western Mrrchandiic & Supply Co..
^ 326 W. Madison St., Chicago., lit.
Enclosed is money order for $1.95.
a Please send the ICE-KIST CRAN’K-
3 LESS FREEZER for 15 days' trial.
1 Name
J Address
1 Ex.
-trrwnFinwtsirnns
nil—i .i.Mr l I ■■ OMnXmil iltfi
The suit brought by the United
States questioning the purchase of
certain telephone properties in the
Northwest, as well as the pending
Interstate Commerce Commission tel
ephone investigation, have caused
many inquiries. Without taking up
anything going to the merits of these
proceedings, it has seemed to us
proper to state generally what has
been our policy and purpose in the
conduct of our business.
We have found, or thought that we
had, that our interests were best
served when the public interests were
best served; and we believe that such
success as we have had has been be
cause our business has been conduct
ed on these lines.
We believe that our company has
an Interest as vital as that of the
public in the proper administration
of the problems of electrical inter
communication. The success and
prosperity of our company depend
upon a solution of these problems
which shall be sound from both the
standpoint of the company and the
public which it serves.
Following our own best judgment,
supplemented by the best obtainable
advice, we have endeavored to do
what would best serve the public in
terest; wherever possible our plans
have been disclosed to the public in
advance, and what has been done in
carrying them out has been along
ordinary business lines, with the im
plied, and generally, with the ex
pressed approval, authorization or
consent of the municipal and State
authorities directly interested. Our
effort has been not only to obey the
law. but to avoid everything which
might even have the appearance
of an attempt at evasion.
Our business methods and policy,
and practically all of the details as
to the transaction of our business,
are matters of common knowledge
and are. and for many years have
been, well known to the Government.
We will willingly furnish the Gov
ernment any additional information
which is in our possession or under
our control, and will cordially co
operate with it in obtaining such fur
ther information as it may require.
Every possible assistance will be
given by us to the courts in their
effort to determine whether our pol
icy is or has been inimical to the
public interest. We desire that any
thing wrong be corrected; we will
voluntarily rectify any wrong that
may be pointed out to us; and, so
far as it may be determined that our
policy or any act under it is against
the public interest, we will promptly
conform to such determination.
We believe that if each of our ex
changes were made an independent
unit and if each connecting line were
put under a separate control, the ef
fect upon the telephone service of the
country would be a condition so in
tolerable that the public would re
fuse to submit to it and would im
mediately require such physical con
nection and common control of these
various units as would amalgamate
them into a single system. Physical
connection in the case of telephone
or telegraph does not mean transfer
of messages from one line to the
other. It means such a connection
as will permit one person to have the
actual possession of the particular
line of communication from one end
of it to the other and this can only
be given efficiently by exchange sys
tems and connecting lines under a
common control; and that is what the
Bell System is.
In this connection, and for general
information, we will restate the pol
icy which controlled the building up
of the Bell System, and our belief as
to what a telephone system should
be. and what are its relations to the
public.
We believe in and were the first to
advocate State or Government con
trol and regulation of public utili
ties; that this control or regulation
should be by permanent quasi-judi
cial bodies, acting after thorough in
vestigation and governed by the
equities of each case; and that this
control or regulation, beyond requir
ing the greatest efficiency and econ
omy, should not interfere with man
agement or operation. We believe
that these bodies, if they are to be
permanent, effective and of public
benefit, should be thoroughly repre
sentative; they should be of such
character and should so conduct their
investigations and deliberations as to
command such respect from both the
public and the corporations that both
will without question accept their
conclusions.
We believe that the public would in
this way get all the advantages and
avoid all the manifest disadvantages
of public ownership.
We believe that centers of business
and population exist for the conven
ience of the public as a whole, and
that no such center can prosper with
out sufficient and efficient means of
intercourse with other centers and
tributary territories; that such means
can only be afforded by prosperous
utility and service companies and that
fair rates are essential to prosper
ous companies. We do not believe
that any public either desires or can
obtain, nor can any service or utility
furnish, permanent and efficient serv
ice at less than cost, including capi
tal charges. We believe that ulti
mately the public either directly or
indirectly pays the losses involved in
the efforts to furnish such service at
less than its fair cost, either through
the loss of capital involved, the losses
incident to poor service or the neces
sary increase in charges required to
pay for duplication of capital.
We believe that the highest com
mercial value of the telephone service
depends on its completeness—on the
**xtent and comprehensiveness of the
facilities for intercommunication, not
only between individuals, but between
centers of population: that no isolated
section can be considered independ
ently of any other section or of the
whole; that rates must be so adjusted
is to make It possible to obtain the
maximum development by making it
possible for everyone to be connected
who will add to the value of the sys
tem. thus giving the greatest value
to the greatest number; that the in
terdependence of the telephone service
and the value of complete and uni
versal Intercommunication justify and
require some services partly at the
expense of the whole for the benefit
of the whole.
We believe that this highest com
mercial value can only be attained
by one system under one common
control and that it can not bo given
by independent systems unless they
are operated under agreements which
result in one common control and one
common Interest, In effect making
them a single system.
We believe that rates should be so
adjusted as to afford the company
sufficient revenue to pay such wages
and compensation as will secure the
most efficient service; to maintain the
very highest and most advanced
standards of plant and apparatus, to
carry on such scientific and experi
mental research and inventions as to
apparatus and methods as to insure
the highest standards, and to carry
to reserve and depreciation such
amounts as wfill enable the company
at any time to replace old plant and
old methods with new plant and new
methods as fast as they may be de
veloped and found to be to the ad
vantage of the service. We believe
that in addition such fair charges
should be paid upon the investment
in plant as will enable the company
at any time to obtain money neces
sary to provide the plant required to
meet the continuing demands of the
public; and in order that waste and
duplication of effort may be avoided
and uniformity of purpose and com
mon control be enforced, that there
should be a centralized general ad
ministration in close communication
wiUi arfd having general authority
over the whole on matters common
to all or matters of general policy.
We believe that any surplus beyond
that necessary to equalize dividends
on a fair basis should be used by the
company for the benefit of the public
and should be inalienable for any
other purpose, and should be either
invested in revenue-earning plant un
til necessary to substitute plant which
may become inadequate or obsolete,
or should be used to make the serv
ice cheaper or better.
We believe that under proper gov
ernmental control and regulation the
profits from promotion or operation
allowed to be distributed should not
be so large as to warrant or tempt
complete duplication of plant and or
ganization, with its duplication of its
capital charges and its organization,
operating, maintenance and deprecia-
tion expenses; and we do not believe
! that utilities giving at fair rates an
efficient and sufficiently comprehen
sive universal service should be sub
ject to limited competition, not giv
ing such service. Competition which
Ignores the obligation to furnish a
complete and comprehensive service
is not competition, is not for the ben
efit of the public in that it does not
reach the whole public interested.
If, therefore, complete duplication,
with its dual exchange connection
and dual bills for service, is a pre
requisite to complete competition,
Government control and regulation
can not go hand in hand with compe
tition.
We believe that the record of the
Be 1 System will be accepted by the
public as fully in accord with these
declarations. Consistent adherence
to this policy has given the publio
of the Lnited States the best, most
comprehensive and cheapest tele-
phone service In the world and made
the Bell standards the standards of
all nations.
To remove any possible excuse for
misapprehension on account of the
many misleading statements which
have been circulated as to the alleged
unnecessary and overcapitalization
and excessive charges of the Bell
by stem, the following statistics are
given, Except where stated, the fig
ures are for the Bell System; that is,
the American Telephone and Tele-
graph, and Its Associated Companies.
iQ?Q he v, Sn i tlIe Bel1 S 5' stem on June 30,
J,f 1 fh» had ,.r Ut8 S ndlns ln the hands
of the public obligations (I. e., notes
open accounts, bonds and shares) to
the par value of $776,000,000.
The book value of the total tangi
ble assets, which is considerably less
than their replacement value
amounted to $960,000,000. Many ap
praisals of property Included in these
assets have been made, and most of
them under the direction of public
authorities In no case has the value
as it stands on the books failed to
be sustained, and in most cases it
has been very largely exceeded.
rhe total dividends and Interest
onU U £i nS the year 1912 amounted
to only 6.1 per cent on the average of
Its outstanding obligations, and to
less than 6 per cent on the average
value of Its assets.
The actual cash which has been
paid Into the treasury of the Ameri
can Telephone and Telegraph Compa
ny on account of the capital obllga-
*■>2 oVnlfift ° ,Usta " dln & amounts to
$--,000,000 more than the par of such
outstanding obligations.
The Associated Companies collect
ed from the public and paid back in
taxes over $10,000,000 during the year
The steadily increasing necessities
of the public not only for additional
but for new telephone service can
only be met by new construction in-
voUdng capital outlay. To meet these
demands during the six and one-half
years irom 1907 to 1913, Inclusive the
increase ln telephone plant was as
follows: Toll line wire increased
from 1,460,000 miles to 2,242,000 miles-
exchange wire increased from 6,000 -
000 miles to 13,000.000; the number of
exchange stations increased from
2,130,000 to 5,200,000; the number of
stations of independent companies
connected with the Bell System In
creased from 343,000 to 2,620,000. The
number of Independent companies
connected with the Bell System is
about 26,000. The number of em
ployees ln the Bell System, not in
cluding the employees of connected
companies, on December 31, 1912, was
During this same period the num
ber of shareholders of the American
Telephone and Telegraph Company,
not including either the associated or
connected companies, increased from
17,000 to about 54,000. About 47,000
; shareholders hold less than 100 shares
leach; 6,500 shareholders hold fro.a
100 to 1,000 shares each; 347 share-
! holders hold from 1,000 to 5,000 shares
! each, while there are only 16 share-
| holders of 5,000 shares or over ln their
own right. A majority of the share
holders are women.
American Telephone and Telegraph
Company.
THEO. N. VAIL, Preeident.
i Adv. , ft]
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