Word: mackays
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Companies. As everyone knows, the American Telephone & Telegraph Co. (including Newcomb Carlton's Western Union) is the greatest domestic communication system in the U. S. At its head is that young super-executive, President Walter Sherman Gifford. As everyone also knows, the second greatest domestic system is the Mackay-owned Postal Telegraph, which has no telephones...
Both these systems send telegrams in the U. S. Both send cables overseas, this being an especially large part of the Mackay business. But, as not everyone knows, the only U. S. communication company owning extensive telephone and telegraph wires in foreign countries as well as extensive cables between many countries is the International Telephone & Telegraph Co.,* the creation of Sosthenes Behn and J. P. Morgan...
Last week the I. T. & T. merged† with the Mackay companies, thereby throwing together assets...
Photographs of Sosthenes Behn are not easily had. But anyone may regard at leisure the groomed, handsome visage of Clarence Hungerford Mackay in any of the thousands of offices of the Postal Telegraph Co. His father, the late John W. Mackay, rough-palmed Irish '49er, found gold in California river beds and bequeathed its power in bank directorates, cable companies, cash. Son Clarence, polished by European tutors and universities, is less the director of 58 corporations than the member of 27 clubs. To his guest, Edward of Wales, he could display with dignity the world's finest collection...
...Capt. Hinchliffe and Miss Mackay take off from Cranwell Airdrome, England, for the War veteran had told only two friends he was going and Miss Mackay had promised her family she would not. None is known to have seen them once they got beyond the Irish coast. A crowd of 5,000 stood all night at Mitchell Field, Long Island, waiting for them. But they never came...