The Hickman courier., 1868-08-22


SQUARES. John NJ Jaycox, Fred k Prentice
! George B Walter Isaiah Blood, Charles v
| Noble, Erastus Corning, jT.
Principal Office of the Company 81 Broad
way, New York. Rooms Nos. SO, 81, IS,
T@n.dpwwpe~Hu-@. -.
1t viii be seen by the statement herein
that the organization Of this COM
and business wants Of the coun-
try imperatively demanding an increase Of
telegraph facilities at reasonable rates.
Competition persus iIoaopoly
l. The whole telegraph system of the Z.
States is now in the hands of one company.
Tie evils inseparablo from such gigantic
and dangerous monopoly are already mum
crous and incrrNing. Relief can be found
only in legiimdN competition.
Distribution II Sock.
.. It is proposed that tic benefits Of this
company shall be enjoyed, not hy few ia
vored persons. but by the business men of
the country, whose interest 1t Is designed
to promote, and whose liberal patronage
viii insure its success. To this end il is
decided 10 place the Stock at all commercial
points II will be distributed TO Bankers
Merchants, Manufacturers, and others in
limited amounts
TIE Capffal Staea.
(8.) Is Ten Millions Of Dollars, divided into
shares OF One Hundred Dollars each.
Cait-H9io to be Aaae.
= IN u! % y. 'i'O S'yN> T" ~ - ~ ~
.oa1 60 ~, -, go o,. ,nr,b JyiI ~
made by the Beard Of Directors, from time
to time, as may be necessary Ia supply
funds to construct and equip the lines: but
no calls viii be made after the one per cent
is paid until the entire capital stock shall
have been subscribed
1e,,,,l C,y;tgz Peo,,,lg
Tho o,r,r,,,, o,,e.ll,.tl,, t,.1ioro tlo+
- - - 'N''y .-1
tHl'' e,t.. oI' o' ,' .. 80
con- ~ ~ 0tI4P 80 IN
-,,-,,.cil coz, to,. a,I i,.,r,to -
i'm tho United states. This opinion rests
upon The most reliable estimates and re-
spousiblc offers 70 construct and equip the
lines
Digi3ende
eT,,71 oosos ti,, NOT os,.,,i,,,-s ortl,ie o5,,-
;ll IN, o,.,Ii.I =, mo ,,.,-,,.,,t ~ li,,i
t'Hy -.
,-.;Ir -, i:.-,,.,ol - ..t,,,,
80, -, .f ,,+,.. H.,
- N''1''e'
Z. With the stock in hands Of the active
business mon oi 'Ae country eAeftlne thclf
60. Tl,,.-,l MI of
w. c.,ir@l an n, r1,ratior. The coupa1lv
trIfr,o ffrt .,t reasonable rates. the busi-
moss ,,i1l ,.a,, liberal dividends On its en-
tire capital stock.
u o.. yst.r
f-'
t8) May be found Iu ,}e enormous PfoAis @.
every considerable telegraph ilne operated
on this continent The present c-eef1pA
monopoly has "w4tered lts STOCK to the eA-
tent OF over one thousaht per cent on inc
amount paid Ing and stun ~ pays, on ile
stock thos inflated, 5a,! slaetoty 'i' l,- -...-
Gel era,iro S lines ines now operated BY the monoPo-
only the exact cost Of our lines.
ARsi,ioral Reasons.
a ri. o-;...;,,,, +alao,,.o,1, r,onono1iee have
= - nc eAls,liis 49, ~ ~
mand for the use Of the telegraph, much
less have they attempted 10 stimulate such
demand 10y an increase Of facilities and q
reduction of rates. While their facilities
have remained about constant, their rates
have steadily advanced, until the use of the
telegraph mas come 70 PC d Ioli ioe's .lN
noient y '9EPGg for Uniting the amount Of their
business to their RESTRICTED facilities.
y-,..y s,,y,,ies god Jo,-rr Rqtsq
,-.-.,.
lo Every iii.ln ;.;
ehtsrprlse iyul1I1 uloi -;
trace !"S iiS''' o,t-,,I i,,c,.ro;,,
,'. Ti.gn ~ "'.,,s 60. ra,cs tban when il does
merely n restricted business at oxorbitant
and Increasing rates. The success Of cheap
nostare in Europe and America seems never
to have been thought Of by the telegraph
monopolists It is believed that If ten
times the present tclcgraphic facilities were
furnished 10 the public at one-tenth Of the
present rates the increase Of business
would Justify the change.
O,,r p,ooosel. TsEeqraDHie PqHge.
O"F 'ef0SII 4''9'
H. lEunT Iii s1,.lI ,l1ti,ta-
states ana eI117 y - -,
ly connect win hhes 70 H"IoPe' @A91'' anu
South America;
bAeh 70 0e D0"s'
% within one year from the time the
canital stock is subscribed, the company ex-
poet to have finished twenty-five thousand
"a ,1itb instruments of the latest improve
! n,onts and the whole range in successful
| onerat tiop.
Crkr;aty Of Success
70 I4is ,,rovilcd that every stocl,holder,
~, syis.ffsori to his regular dividends, shall
receive an equitable rebate on the amount OF
business furnished by himself, payable an
nually; thus, the stock beng widely as
| tributed, and every stockholder having q
special interest to augrcSnt the business oi
| the company, success IS deemed inevitable
Distribution Of Directors.
~ To eocure in the management an eouit-
| ,t1o renresentation of the stockholders