Word: telegraphe
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...power and prestige of four billion dollars and of 469,000 stockholders were thrown last week against any Federal commission which might be set up to regulate U. S. telephone and telegraph companies as the Interstate Commerce Commission now regulates the railroads. The four billion dollars and 469,000 stockholders were those of American Telephone & Telegraph Co., personified by Walter Sherman Gifford, A. T. & T. president. Mr. Gifford told the Senate Interstate Commerce committee that, while he favored U. S. regulation "in principle," he opposed it in practice because, in his opinion, it would annihilate control of communications by State...
...Gifford '05, of the American Telephone and Telegraph Company is another of those who is expected to speak at this gathering. Gifford is to be the Chief Marshal at this year's Commencement...
Thus divided was the U. S. communication field last week when Clarence Hungerford Mackay, president of Postal Telegraph Co., finished telling the Senate Committee on Interstate Commerce what he thought about plans for merging all communication companies into one unit or, failing that, for International Telegraph & Telephone Co. to take over Radio Corp.'s communication business...
...same thing was soon said by the Conservative Daily Telegraph: "We are witnessing the end of organized Liberalism as a political force." Both major parties appeared gleeful at the prospect that the 5,000,000 Britons who last time voted Liberal may be obliged to choose, next time, between voting Laborite or Conservative. This would restore the historic two-party system of the British Parliament-the system which Britons think they see working so well...
...owners served by the Fox organization, and to the general public, the issue if successfully sold, would enable Mr. Fox to pay off the largest and most pressing of his current obligations. First-to-be-satisfied creditors would probably be Halsey, Stuart & Co. ($12,000,000), then American Telephone & Telegraph...