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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