Newspaper Page Text
THE ATLANTA ULOKUIAN AND NEWS.
STATE CHAMBER
ELECTION TO BE
HELD SEPT.16
New Commercial Organization Is
Expected to Draw Big Delega
tions to Macon Meet.
The newly farmed Georgia Chamber
of Commerce will hold an important
meeting at Macon September 1G. when
the representative* of the State s
commercial, manufacturing and agri
cultural interests will be present to
complete the details of the organisa
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
be represented by a large delegation,
and the surrounding towns of College
Park, Kirkwood. Dlthonla. Stone
Mountain, Decatur, Madison, Winder,
LaGrange, Newnan. Gainesville and
others have been invited 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 In Atlanta under the auspices of
the local Chamber of Commerce. The
main purpose of the Macon meeting
Is to perfect the organization and to
adopt plans for immediate and re
gressive work.
Each County Represented.
The president will he chosen from
among a number of candidates who
are wdll known for iheir executive
ability and for Iheir Interest in the
progress of Georgia along every line
of development Each County of the
State will be represented by 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. Deeu,
Waycross; J. A. McCord, Atlanta; W.
H. Shlppen, Ellljay, and C. A. Wlck-
ersham. College Park.
Charles D. McKinney, of Decatur, is
temporary secretary.
Some of the specific aims 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 146 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 erf the
State.
Will Aid Farmers.
To bring the farmers and busi
ness men cjoser together in a
study of better methods of agri
culture.
To foster all movements of
every kind that seem calculated
to bring about better Industrial,
agricultural anti commercial con
ditions and the general social
betterment of the State.
To advertise persistently the
resources of the Stale 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 and manufacturing and
to present the results of this study
to the people of the State through
the dally 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
sewers have heen installed, but no wa
ter connection given, is a question which
will be thrashed out in the courts. There
is due approximately $15,000 by prop
erty owners on .these assessments, and
City Attorney Mayaon has instructed
City Marshal James M Fuller to issue
ti. fas. against those who have not paid
It is understood that practically every
one ot the property owners will resist
collection until water connection is giv
en them. Mr. Mayaon is of the opinion
the city can legally force collection by
levying upon the property.
Countess Is Freed of
Wrecking Apartment
CHICAGO. Sept. 3.—As a rule you will
And few royal Russian countesses in
Chicago who will stick out their tongues |
and give vent to a spiteful, satisfied |
“bah "
Countess Adelaide DeRofa) Allen did
so when the charge of disorderly con
duct against her was dismissed. She
was charged with doing $600 worth of
damage-to statuary, vines and furnish
ings at the bachelor apartments of U.
Bock.
Rev. Dr. 0. F. Aked
Joins Hearst Staff
SAN FRANCISCO. Sept. 3—The Rev
Charles 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
week, to appear on the editorial page,
and in addition will ofTer comment on
the leading news events.
Suspension Bridge
For Jacksonville,
Port Board's Pian
JA< 'KS< »NViLLE, Sept. 3.—Con
struction of a draw bridge across the
St. Johns River, from the foot of
Hogan, Laura or any other street east
of the present railroad bridge, Is op
posed by tin* Hoard of Fort Commis
sioners, who have put themselves on
record against it. Tins action was
taken ir. -i« adoption * f a formal res
olution th* board deeming Jt inex
pedient and Injurious to the harbor
ami i rt 4if .' i, oriville to o Ji.vtt iui
q a: aw or lift bridge as has been pi j-
posed at the sites mentioned. The
resolution, however, sets ut that the
eoinmiMsior. would not oppose, the con
struction of a high suspension bridge
under which ships could pans.
A resolution was p.-ssei by which
the comniisison accepted the $8,000
offered to be appropriated by the City
Council for its running expenses
j*ending the releasing of the bond
money.
L
JUDGE SPEER TO
BE OWN E
Boy Sets Fire to
His Father's Store
ASHEVILLE, Sept. 3.—Charged
with arson, John Ramsey. 14-year-old
son of a prominent business man of
Asheville, is held under a heavy bond
by the county authorities. The boy
is charged with having set fire to the
furniture store of which his father is
part owner. His motive is not given.
When the department arrived, the
Are was eating its way through piles
of mattresses.
Young Ramsey conducted his own
defense, and appeared to be little wor
ried. He was sent to the grand jury.
Family connections have caused the
arrest to develop into a big local sen
sation.
Eloping Wife and
4 Children Found
PENSACOLA, Sept. 3.—Sheriff Ellis
has received a message from th* Chief
of Police of Mobile that Mrs. E.
Gilmore, whose husband charges she
eloped with a man named Rice, who
also took four children and $329 be
longing to Gilmore, had been located
in Mobile and that the children were
with her. Neither Rice nor the mon
ey have been found. Officers at Mo
bile believe he has shipped aboard
some vessel, leaving Mobile and de
serted the woman anil children with
whom he eloped, taking the money
with him. Gilmore has gone to Mo
bile.
Body of Man Dead 2
Years Goes to France
TAM FA, Sept. 3.—The body of
Henri Rizat, buried mor than two
years, has been disinterred at Me
dulla. a small town in the phosphate
country, and will be sent to his old
home at Tonnay. Charente, France.
Rizat was manager of the Standard
Phosphate Company, and wealthy. He
died following an operation. Recent
ly relatives came her for the body,
which had to be placed In a special
lead coffin, weighing more than 800
pounds, to comply with French laws.
Blind Couple Wed
In Country Home
DURHAM, N. (\, Sept. 3.—Mrs
Anna Cates and Gaston Proctor, both
blind, were married at the County
Home yesterday afternoon. Superin
tendent Mangum went to Groensb r -
and the couple was married beft re h*
had a chance to stop the ceremony.
The blind couple had been engaged
since April. Mrs. Cates had been m.ir-
i i. ,i twice befoh this, her last hus
band having been a deaf mute. A
large number of Durham peopb* went
to congratulate them.
Miss Susie Wells, who lives at the
Piedmont Hotel, declared that woman
does not need the 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 propertj
wners 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 ol
Miss Wells’ cause and the recom
mendation of the committee was 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
lhe 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.
Library Trustees
Made Movie Censors
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. Mollie Gotthelf Gunterinan.
A year ago the pretty wife of H. S.
Gotthelf. New York lace importer, eloped
with Antone Gunterman, electrician.
Her husband followed her South, but
she refused to go back with him. A
few days ago she left Gunterman, who
was living at Augusta, and came to
Savannah. She tried to secure passage
to New York, but failing, sought em
ployment in a cafe. Gunterman per
suaded her to return to Augusta with
him.
Prisoners May Go to
Hotel as Jail Is Fixed
ANNISTON, Sept. 3.—It is costing
Etowah County between $150 and $200
per month to house county prisoners
in the Calhoun County jail here pend
ing the remedying of alleged unsani
tary conditions at the Etowah jail.
Probate Judge L. L. Herzberg, of
Gadsden, is at loggerheads with the
State Prison Inspector and threatens
to board the prisoners at a Gadsden
Hotel furnished with bath and rooms
de luxe,
years.
DURHAM BASEBALL MAD.
DURHAM, Sept. 3.—Durham went
baseball mad when more than 6,000
funs went to the station to meet the
team on Its return from Raleigh,
where It defeated that team four
straight games, thus winning second
place and but half a game behind
Winstn-Salem, top-notchers.
MACON, Sept. 3.—Information
brought to Macon by attorneys re
turning from Mount Airy, Ga., is to
tin- effect that Judge Emory Speer
will conduct his own defense in the
investigation of his judicial record by
a subcommittee of the House Judi
ciary Committee late in the fall. In
the event that the committee should
recommend impeachment proceedings,
il is understood also that Judge Speer
will still act as his own counsel.
Lawyers who will act as advisory
counsel are Judge A. J. Cobb, of j
Athens; Judge Enoch Callaway, of
Augusta, and Orville A Park, of Ma
con, ail close personal friends to
Judge Speer.
Before going to the t>cnch Judge
Speer was celebrated as an advocate.
Pellagra Experts to
Meet at Spartanburg
COLUMBIA, Sept. 3.—Dr. Babcock,
superintendent of the State Asylum
for the Insane, left to-day for Spart
an burg to attend the special con
ference on pellagra and to receive his
personal friend, Dr. Sambon, here
from London to make investigations
as to pellagra. Dr. Babcock and Dr.
Sambon are considered two of the
world’s highest authorities on this
disease.
About 1,000 patients in the asylum
here are suffering more or less with
the disease, which fdequently unbal
ances the mind.
Persons with the “movie” craze
certainly will envy the members of
the Board of Trustees of the Carne
gie Libary. 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
.strikdh the provision recently urged,
prohibiting tights or short skirts.
The Council refused to legislate on
this form of entertainment except in
general terms.
Stays Away Long
Enough; Now Free
TAMPA, Sept. 3.—Sam Hill, a ne
gro, who cut two others here in June,
1911, had good legal advice before he
returned to this city from Chattanoo
ga, where he spent most of the Inter
vening time. Hill was arrested be
fore he had been here two days.
“Yo can’t hold me,” he told the of
ficers; “I’se free."
In looking into the matter it was
found that ho was riglr. More than
two years had elapsed and he could
not be held.
Pensacola Navy Yard
Is Ordered Reopened
PENSACOLA, Sept. 3.—Dispatches
from Washington state that the naval
board and Secretary Daniels have lec-
omrnended that Congress reopen the
Pensacola Navy Yard as a first-class
naval station, with modern dry dock
equipment. It is the opinion of the
board and Secretary that Pensacola
is the most desirable place on the
Gulf coast for such a station.
It is recommended that work be be
gun immediately.
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 ood-Orink Lunch at Fountains
Carolina Town Makes
Record Tobacco Sale
COLUMBIA. S. C.. Sept. 3. Tim-
monsville broke all records for h sin
gle day in tobacco sales yesterday
by selling 245,000 of its this year’s
product, ranging in price for best leaf
as high as 50 cents a pound. Mor* 1
than 200,000 pounds of loaf wa£ sold
to-day.
Planters are elated and prospects
arc brighter for good times in the
tobacco belt than ever before in ten
MT Insist Upon
5 HORLICK’S
Avoid Imitations—Take No Substitute
Rich milk, malted grain, in powder form.
For infants, invalids and growing children.
Pure nutrition,upbuilding the whole body.
Invigorates nursing mothers and the aged.
More healthful than tea or coffee.
Agrees with the weakest digestion.
Keep it on your sideboard at home.
A quick lunch prepared in a minute.
T
CASTOR IA
For Infants and Children.
The Kind You Have Always Bought
Boars the
Signature of
Weak, Nervous and
Diseased Men
ermanently Cured
DR HUGHES is an
experienced specialist.
Dr. Hughes success
fully treats and per
manently cures Pre
mature W e a k n ess.
Blood Poison. Kidney, Bladder. Pros-
tatlc and Contracted Diseases and all
Chronic and Pnva l e Diseases cured in
a few days. Varicocele. Hydrocele
Stricture Piles and Fistula. I am
mains? high and extortionate fees
charged by some physician* and spe
cialists You will find my charges
very teasonable and no more than you
are able to pay for skillful treatment
Consul? me In person or by letter and
learn the truth about your condition,
and perhaps save much time, suffer
ing and expense I am a regular
graduate and licensed, long estab
lished and reliable
For 30 days my fee will be Just one-
half what other specialists charge, or
Weekly or Monthly Payments Ac
cepted.
FOR BLOOD POISON 1 use the
marvelous GERMAN REMEDY,
or “I'M " and such Improved remedies
used for the cure of this disease No
detention from work.
For Weak Men. Lymph Compound.
comb‘ned with my direct treatment,
restoring tit® vital forces to the fullest
degree
In Chronic Diseases my patients are
cured in less time quickly, and I use
the latest improved methods. Consul
tation and advice Free Call or write,
DR HUGHES.
Opposite Third National Bank,
16 4 N Broad St., At'anta. Ga.
Hours 9 a m. to 7 p. m.; Sundays
9 to 1.
This Six=Room Bungalow
Is at East Point, Very Near Chert Road and Street Car Line
With Best Service in the City.
• •<—,r<ny
- v *■ ■ '
.■-m
Hi .
House has large veranda, living room, sliding doors to
Dining Hoorn, swing door to kitehen with China Closet and
Pantry. Hail 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 he bonght on very easy terms with no mortgage.
It will pay you to investigate this.
W. D. BEATIE, 207 Equitable Bidg.
Both Phones 3520.
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 L. Alsberg, chief
of the Bureau of Chemistry of the
Department of Agriculture.
Dr. Alsberg holds that the substi
tution of oysters ior meat would bring
the bivalve into greater use 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 In-er-seal Trade Mark.
10c
The “Ice Kist”
APPROVED BY
Good Housekeeping Institute
No Crank
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
_ . . _ —,, | , may be, and pack in the ice as in the prdinary
! kf 1 ^ M L L freezer. Then the work is ended. There is no
working a dasher, 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 aud serve the refreshmenL It saves work time, trouble
and—you.
Perfect Freezi
Tbe Ice-KIst has no dasher or
crank because it has two freezing
surfaces. T he 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 15-Day Offer
We want you to know the toy of having an Ice-Kiat Crankless
Freezer in your home. We will send it post-paid upon the return of the
coupon together with $1.95—our introductory price If, after trying the
E-KIST ior 15 days, you are not delighted with it, return it and we will
:he $1.95 Don’t let th
POSTPAID
15 DAYS’ TRIAL
2-QUART SIZE
PACK IT
The Ice-Kist makes a beautiful
and perfect-frozen mold.
1C
returo the
the coupon get lost. Send it NOW.
BBS
a b a
Wastern Merchandise A Supply Co..
326 W. Madison St., Chicago., 111.
Enclosed is money order for $1.95.
Please send the ICE-KIST CRANK
LESS FREEZER for 15 days' triaL
Name ..........
Address.
V. B B B B
B B
.Ex.
5 a
MUTUAL RELATIONS AND INTERESTS
OF THE BELL SYSTEM AND THE PUBLIC
by one system under one common
control and that it can not be given
by independent systems unless they
re 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
adjusted as to afford the compare*
sufficient revenue to pay such wage—*
and compensation as will secure the
most efficient service; to maintain th«
very highest and most advanced
standards of plant arid apparatus, t<;
carry on such scientific and expert*
mental research and inventions as tv
apparatus and methods as to insure
the highest standards, and to carry
to reserve and depreciation such
amounts as will 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
with and 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
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. Th^ 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', hut 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- ^ wauuii
ernment any additional information ; allowed to be* distributed'shoulcPnot
which is in our possession or under j be so large as to warrant or tempt
our control, and will cordially co- complete duplication of plant and or-
operate with it in obtaining such fur- | ganization. with its duplication of its
ther information as it may require. ; capital charges and its organization,
Every possible assistance will be operating, maintenance and deprecia-
given by us to the courts in their | tion expenses; and we do not believe
effort to determine whether our pol- ; that utilities giving at fair rates an
icy Is or has been inimical to the j efficient and sufficiently comprehen-
public interest. We desire that any- s i V e universal serviro nhnnM smi
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
sive universal service should be sub
ject to limited competition, pot 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
Bell System will be accepted by the
public as fully in accord with these
declarations. Consistent adherence
to this policy has given the public
of the United 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
common control; and that is what the | unnecessary and overcapitalization
Bell System is. * excessive charges of the Bell
System, the following statistics are
In this connection, and for general given. Except where stated, the fig-
information, we will restate the pol- ures are for the Bell System’; that is,
icy which controlled the building up the American Telephone arid Tele-
of the Bell System, and our belief as graph, and its Associated Companies
to what a telephone system should The entire Bell System on June 30,
be, and what are its relations to the 19] 3, had outstanding in the hands
public. of the public obligations (i. e , notes
„ T . 1{ , . !?P en accounts, bonds and shares) to
We believe in and were the first to the par value of $776,000 000
advocate State or Government con- i
trol and regulation of public utili- ! The book value of the total tangi-
ties; that this control or regulation ble assets, which is considerably less
should be by permanent quasi-judi- than their replacement value
cial bodies, acting after thorough in- amounted to $960,000,000. Many ap-
vestigation and governed by the praisals of property included in these
equities of each case; and that this assets have been made, and most of
control or regulation, beyond requir- them under the direction of public
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 j
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 I
furnish, permanent and efficient serv
ice at less than cost, including capi- i
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
extent 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,
as 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-
I mercial value can only be attained
/.
> t
n
<
/
authorities. In no case has the value
as it stands on the books failed to
be sustained, and in most cases it
haf been very largely exceeded.
The total dividends and Interest
paid during the year 1912 amounted
to only 6.1 per cent on the average of
Us outstanding obligations, and to
less than d per cent on tile average
value of its asset®.
The actual cash which has been
paid into the treasury of the Ameri
can Telephone and Telegraph Compa
ny on account of the capital obliga-
outstar >ding amounts to
$-2,000,000 more than the par of such
outstanding obligations.
The Associated Companies collect
ed from the public and paid back In
° Ver $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
volving capital outlay. To meet th" S a
demands during the six and one-half
years from 1907 to 1913, inclusive, the
Increase in 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; ; he number of
exchange stations increased from
-, 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 Beil System is
about 25,000. The number of em
ployees in the Bell System, not in-
(luring the employees of connected
jompanles. 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
1 *,000 to about 54,000. About 47.000
shareholders hold less than 100 shares
each; 6,500 shareholder hold from
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 sharps or over in their
own right. A majority of the share
holders are women.
American Telephone and Telegraph
Company.
THEO. N. VAIL, President.
Adv. i
I i