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Newspaper Page Text
SOME PHONE INFORMATION
TAKEN FROM TESTIMONY
From record testimony of N. C.
Kingsbury, vice president American
Telephone & Telegraph Co., before
state utilities com'n at Springfield,
Q Are you ready to receive any
) 0 information that the public in Chi
cago does not want this sale of the
automatic phone system to the Chi
cago Telephone Co., or that the pas
sage of the ordinance authorizing
sale was corrupt and does not repre
sent the public opinion of the city of
A I think that is a matter for the
state's attorney and I think it had
better go there.
Q Are you ready to receive it?
A Absolutely ready. You cannot
insinuate to me that there has been
anything crooked on our part in this
matter. As far as public opinion is
concerned I am perfectly willing to
receive any evidence, but I should be
careful where it came from. The
city council of Chicago considered
this matter for a long time. They
are pretty good interpreters of public
opinion. If there should be a terri
ble wave of protest I say this trem
bling if there should be a terrible
wave of protest in Chicago, I don't
think we would do it (buy the auto
matic). Mr. Shaw (Ralph M. Shaw for au
tomatic bondholders) I submit now
as a legal proposition that if it were
not for the tact that the Chicago
Telephone Co. is a Chicago concern
we could have sold this property.
I A Commissioner Thompson You
Mr. Shaw We could have sold
this property to the A. T. & T. with
out coming before the commission.
Whether the A. T. & T. Co. as stock
holder of a local company desires to
assist in the purchase of a local com
pany, by making a voluntary contri
bution to the seller in Illinois, is, as
a matter of law, of no concern to
your commission. If you should pro
hibit them from doing it you could
not punish them if they violated the
order. If they said, "We are going to
do it anyway," you could not stop
them. Therefore, why do it? I have
the authorities in support of this
proposition. Why do anything so ut
terly and wholly futile?
Mr. O'Hair (for independent phone
companies) The A. T. & T. owns
98 per cent of the Chicago Telephone
Co.? A Something like that I
Q Your company in New Yo'rk is
paying about $2,500,000 in round
numbers to procure the property for
the Chicago Telephone Co. A Yes,
sir; that is true.
Q You base your charges upon
investments, don't you, or is it upon
lack of competition? A Investment
charges is one factor.
TODAY IN ILLINOIS HISTORY
May 9, 1838. The first rail was
laid on the first railroad built in Illi
nois, the Northern Cross.
"I AM NOT INTERESTED IK
THE POLITICAL FORTUNES
OF MYSELF OR OTHERS"-Tff.