Word: telegraphs
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Some 50 million Americans carry telephone credit cards. More than 47 million have been issued by American Telephone & Telegraph, which operates the long-distance lines that used to be part of the Bell system. The rest have been put out by competitors like MCI. Each AT&T card is supposed to be protected from abuse by a four-digit personal identification number that only the user and the company know. Someone using the card must give both his phone and the identification numbers. But anyone who finds or steals a card, or overhears the numbers being read to an operator...
General Electtric ($43.2 million) and International Telephone and Telegraph ($325,000) did not file reports this year...
...Anthony Lewis, who is also a lecturer at Harvard Law School, argued, "The vindication of one's good name does not require colossal verdicts. Damages awarded without effective limit in libel may violate the First Amendment." The concern is more than theoretical: a libel suit against the Alton Telegraph (circ. 137,000) in Illinois forced ? the 148-year-old newspaper into bankruptcy court in 1981 and nearly resulted in its closing. Some two dozen states prohibit publications from buying insurance against punitive damages. Explains Conference Chairman Richard Winfield, a New York City attorney: "These states take the position that...
...computer age was a return to its roots as a business news service. In 1850, in the days before wire links between major European financial markets were completed, Baron Julius Reuter used a flock of carrier pigeons to send the latest stock prices from Brussels to the nearest telegraph station, some 100 miles west. By the time the eastward advance of telegraph lines made the pigeons unnecessary, Reuter had launched a general news service that today is one of the world's largest...
...between young Ulysses Macauley (Josh Blake) and a passing black trainman (David Johnson), and consolidated later in a gentle gospel anthem for the whole town, Beautiful Music. The pop-music style of the '40s is nostalgically evoked in The Birds, a soft-shoe love song for the assistant telegraph operator, Spangler (Rex Smith), and Diana (Leata Galloway). Most effective of all is a bittersweet canonic letter duet for Marcus (Don Kehr) and his home-front brother Homer (Stephen Geoffreys) that develops into a touching antiwar choral...