The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1868-08-29


-MpE-apSHpccN"~
II WILDE seen by tho ,ssA.smen, h,r.,,
s.sa& nesi that. sasukrg gan patton Of this corr
i q n - G1swinr Gu, Of az,
5 ss7se n ,.l -. ~ E u me tcars :
Try impeSatively demandiag an increase Of
telegraph facilities SO reasonable rates.
oa=pshsica svrsAs Rcsopelt
1. The whole telegraph system Of the Z.
States is now in the hands OF one company.
The evils inSeparahle from such = gigantic
snd dangerous monopoly are already num-
erous and increasing Relief can be found
enly in legitimate eompetition.
FSsasSufsc. e SsoeI
.. II is proposed that the benefits Of this
company shall be enjoyed. not by few Ca
vorod persons. hut by tho business men Of
the country, whose interest IL is designed
70 promote, and whose liberal patronage
will insure its success. To this end IL is
decided to place the Stock at all commercial
points. IL viii be distributed 60 Bankers,
Merchants, Manufacturers, and others in
limited amounts.
rae Capital StoeS.
Isl Is Ten Millions of Dollars. divided into
shares Of One Hundred Dollars each.
Call-lfo,s 20 As Mass.
4 One per CT Of the stock viii be required
on subscribing. and subsequent calls not 70
exceed Eve per cent per month, win ne
made by the Beard 81 Directors, from time
&c time, as may DO necessary to supply
funds 10 construct and equip the lincs, but
no calls viii he made sitter the one per cent
is paid on,il the entire capital stock shall
have been subscribed.
sefsel cspssa1 Requsroi
3. The COMPANY confidently believe that
thirty-fve per eent OF the capital stock will
construct and fully equip Twenty-Five Thou
sand miles 81 ware. which viii connect all
the commercial centers and important places
in the United States. This opinion rests
upon the most reliable estimates ani re-
sroasible eeeFs 20 construct and equip the
lines.
D,ssssns,.
& In al cases the net csrnins Of this COM
pany will ne applied TO the payment Of diyi-
dcads on its capital stock, aud in no event
viii earnings he diverted &c the constrae-
tics 90 new lines.
F=ce-s
:. With the stock in hands ef the Sctive
business men Of the country. exevtiag their
influence % augment lts business, and with
Wire e9U{ped And ~ NpSf alton. the company
believe shst, al reasonable rates. the 6ust-
ness viii pay liberal dividends on its en-
tire capital stock.
Rsasevs se- ;&s Behsf
,Sl May Nc found IN the enormous profits 81
every considerable telegraph line operated
on this continent The present telegraph
monopoly has s'raterei It's stock 20 tho ex-
sent 81 over enc thousand PEN cent GA The
amount paid in; aud still il pays, On the
stock thus inflated. satisfactory dividends,
Car eompsny will duplicate 81 the r'smnn-
erative lines now operated ~ the mencpo-
". sad subscribers viii pay Ger ear steeG
only The exact cost of eer bncs.
AG<.aoz4l RsasosS
2. The existing telegraph mon0polsos have
rasad for The use q the telegraph, much
less have they attempted q stimulate such
demand hv an increase cf facilities and :
reduction 81 rates. While their facilities
have remained about constant their rates
have steadily advanced, until che uSe % tae
telegraph has eonse 90 Re = pro3Sgieus TAX
u9ea the commercial necessities 81 the eoan-
nv. An advance in rates is sheir uniform
sxpedient Ser limiting The amount % their
business 70 their restricted fscilities.
Facrsesss txss6aes ens Ecsee~ Rslss
10. Every Intelligent nan knows that an
enterprise founded npon the necessities Of
when IA aims e do constantly increasing
business 81 fair rates thaa when IL does
merely restricted business st exerhitsnt
and Increasing rates The success 81 cheap
postage In karore aud America Secsas never
10 have Aeea she0rht 81 hy the telegraph
meaevelisss, 1, j. believed that IL ten
Zines the present scleg rspAie facilities were
furnished 10 che Pehiic al ene~sensh Of the
present rates, the increase Of business
would justify the change.
tsr pres,eses Ts;eo-a,ass EaRe,
II. Trunk naes throughout IN. unitea
States and Territories. which shall ultimate
" eounee, with lsnes 70 Europe, Asia, and
South AmerieS-
EAsn ~ II Doze.
IL within enc year frem the time ske
cspstat stock Is subscribed. The company ex-
pees to have finished twenty-five Thousand
miles 81 wires 81 the best sAaserisls, eeaip.
= w.. Is --latest u s@ s.rs,,;
ssrsassr e :SacSss
Is n Is provided that every ssockheldcr,
in addition to his regular dividends. shall
receive an equitable rebate On the amount 81
business furnished Ay hlmself, payable an
nnAilv Tins. the stock being widely dis
trshnsei. and every stakeholder having 8
srceial interest 10 augment the Business 81
The company. success is deemed inevitable,
EsssrSsssse~ a Ds-rcsers.
Is. To secure in the management an eqai,-
able representation ef the stockholders
throughout tAe eoantry, enc large eouamer-
r{S1 eentcsS Ash ~ represented IN its Beard
a. Directors Snd LEGAL agents viii he ar.
pp;nsea On sAe scconasaenaasien 81 the steck-
holders ia the various leeslisies, and The
operations es the company thus eoeNvae gen
ersi in sss management as well as sts bust
s>aesS.
Tae conSeSSv FsvserSsst
Is. Heretofore every new scleRrarhic en-.
serpvise has sooner or later been ABSORBED
nv she dominant monopoly ; hat sAe third sec
lion Nf the act IL Congress which ccafer.
sspSa this company lis valuable franchises
ahSolalsiy reQesrcs IL 90 snsiatssn serar-
ate sd Independents exissenSe. Sc tbs
Act below.
TAs oss .Ssvtrn
Is. uaaew Il telegrAyhsc comrNnies hAss
s,een orrAni soi Nv > few wealthy capitalists,
sheSc companies have been conSoliistcd an.
der enc BeNra 81 Management they arr
made ap of opposition companies. with PAR
ail&l. lateral. and asciess rcesess ccstsS &
ussatssn TAesr liabilities srr heavy, and
sheS cmriey multiplicity ~ oeeerS ~hs
rcs.etve large saisries ye, they pay large
sxSaea.ss With their capital steck largely
<sserea. amounting now in the aggre gate
Il FartN-two Millions q noiisrs. they sesk
- -aonoreiiie the eesiaess - escressa1'