OCR Interpretation


The day book. (Chicago, Ill.) 1911-1917, January 15, 1915, LAST EDITION, Image 12

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1915-01-15/ed-1/seq-12/

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Public Service in person and by let
ter has not been received, although
made some months ago, because the
company has refused to furnish this
information or permit an investiga
tion by Mr. Ferry.
The motive of the telephone busi
ness in private hands is wrong, works
a hardship on the people in poor serv
ice at high rates, and on the employes
in poor wages and working condi
tions. The Chicago Telephone Co. in
1907 used the financial panic as an
excuse and made large reductions in
the operating force, which resulted in
poor service and increased work for
the employes retained. Large sav
ings were thereby effected, and in
1908 the company took from their
maintenance and depreciation fund
$4,500,000 and capitalized same, the
possessor of 22 1-2 shares became
the possessor of 27 shares of stock
without any investment of money. In
1914 the Chicago Telephone Co. is
using the war as an excuse, and has
made reductions in working forcere
sulting in poorer service and increas
ed work for employes retained; and
no doubt this company will be able to
capitalize the economies effected at a
later date.
Compare this with the Chicago
water system, where the city is
spending thousands of dollars making
extensions and improvements
throughout the winter to keep the
employes at work. The Chicago wa
ter "system is owned and operated by
the city.
What the Chicago Teelphone Co.
has done and is doing is being done
by telephone companies in the Bell
system throughout the country; and
the magnitude tf this can be partial
ly estimated from the large reduc
tions made at the Bell factory, West
ern Electric Co., where it is said that
less than one-half of the 20,000 em
ployes are at work, and these are not
working full time.
The enormous profits of the Chi
cago Telephone Co. warrant no such
action at this time. Had the com-
pany been satisfied with 10 per cent
dividends since it has been in busi
ness, all in excess of that would have
paid for their outstanding capital,
with exception of a $5,000,000 bond
issue. In addition to paying big divi
dends, this company pays 4 1-2 per
cent of its gross receipts to the par
ent company (A. T. & T. Co.), for
which the Chicago Telephone Co. ob
tains service not worth over one per
cent, and all materials used must be
purchased from the Bell factory the
Western Electric Co.
The people can aid in the fight to
prevent the Chicago Telephone Co.
from obtaining possession of the
Automatic telephone system by writ
ing a protest to their alderman, ob
taining signatures to petitions to
have the question placed on the bal
lot. Petitions and further informa
tion can be had by writing Morton L.
Johnson, 911 N. Leclaire av.
o o
FOOLING THE WOLF
M0 :
First Nut Ha-ha-ha! This Is my
scheme for keeping the wolf from
the door.
Second Nut But shell follow you
home with the cub, so how'll you
keep her from, the -door?
First Nut Ha-ha-ha! That just it
I won't go home!
MiiiuMtiMiiaiiiMMMMiaaiiai

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