The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1883-09-14
BONANZA MACKEY's PLANS.

Vice President Cummins Explains yFlat5 the
Directors Of the Postal Telegraph Coa.
pany Intend to Do. Ed.
One Of the principal topics Of discussion IN
downtown business circles, now that the tale
graph strike has closed, is the purchase BY
Mr.. John W. Mackey and his friends OF The
controlling interest In the Postal Telegraph
company. Inasmuch as Mr.. Mackey has a.
n%ounced his intention to organize : gigantic
opposition to the Western Union company, 3
great deal of anxiety is manifested - 70 his
plans. A representative Of the New York Star
was given, by Vice President Cummins, . aiists-
ment of what the new management intends
to do:
We now have plenty Of cash at hand With which
we shall not be hampered by tho want Of fuudA
MI. M.aekey intends TO fut his shoulder to tho
wheel in earnest, and when a man Of his wealth and
sagacity takes hold of q scheme the public can res.
assured that the project will be . SUCCESS. We
are now prepared to inaugurate an emit
1t is our intention to establish cheap and un!tor11
rates for the smi of messages to all OF the
principal cities and places in the United States. and
business without delay. We viii provide PROMPT
and reliable communication between the stock and
produce exchanges and boards Of trade Of the large
cities, and between them and the Atlantic cAbleS.e
What will be the character Of the Tnes?n yas
asked of Mr.. Cnmmins.
~ Aao " wuiNh VIC uuNc ubIeduy CUuSLIuCtSuU w.
tween New York aud Chicago is . sample of tho
kind Of lines which will be extended. throughout
Inc Tine. u 'a.ssnd States, ROW We Ni.l so Sa, have tf IN.
Francisco aud to ali the large ciass,
while local and loop lines win. bo run to
pense will be spared to make the plant frst-class
in every respect We will have nowhery less than
forty poles to tho mile. Theses poles viii be thirty
feet IN height, OF unusual size and strength, deeply
and firmly set In the ground, and we'll secured on
curves and at exposed points. There will be used
heavy compound wires of such superior couduc-
tivity that the electric current on them will not be
Disturbed by storms aud atmospheric charges .
.Miiat IS the present property Of the companyfs
We own the already. constructed line between
New York and Chicago; . large wire factory 6
Ansonia. Conn.,: the Leggo-automatic system Of
telegraphy, the Gray harmonic system. These, i
believe. embrace all the most valuable improve
ments in machine, automatic and multiple tele-
graphy, fully covered and protected by funds-
mental patents. Our company can indefinitely
increase its business by simply increasing the nupn-
Der OF operators to the extent of 100 or more on .
single wire: whereas, by the coinmon Morse
method nowi in use, each operator occu pies . wire
exclusively in sending a single message, and In
order to increase tho business the number OF wires
must be increased accordingly
How about the Atlantic cables?'5
We have a%contractf for the exclusive inferchanaN
Of business with a cable company that proposes %
ocean cables, connecting tue lines OF this company
with all the principle cities Of Europe, the cable
rates to be cheap aud uniform, corresponding TO
those of this company"
D YOU intend to rent wires to private parties2.
THAT is a part of our plan. In addition to the
large earnings from commercial business, the
company. will recsiye o large sum from the rental
OF special wires and privileges, for which the de-
mand now greatly exceeds the supply. This is
ALSO true Of the trunk lines proposed. and cash
additional trunk limo built will greatly Increase tho
aggregate earnings. We expect that the rental Of
wires aud privileges will be sufficient Is
pay interest on tho cost OF the lines. Each trunk
line between any two cities will pay within itself.
and their earnings will be vastly augmented when
combined and connected with the cables, aud they
will inevitably monopolize& the business between
these cities. to the exclusion of all other companies.
making the net earnings Of the company sufficient
to pay the interest on all its ponds and . large diyi-
dend upon Its capital stock
Mr.. Cummins said that he expected that
the Postal Telegraph company would grow
rapidly, and as il%llstrating the possibilities of
its career, he cited the remarkable growth Of
the Western Union company. The latter
company began as the House Printing Teiel
graph, with o capital of only $500, 900. Nov
it controls the lions share Of the. telegraph
business of the country. The increase
in the volume of business and 40
amount of earnings have kept-~-~s~
with the increase of capital, tho traffic Of the
Western Union company alone, now amounting
to over 3~0,OOO.0OO of messages, gross res
ceipts, ST., 200, 900, and net earnings.
! $7,OOO,O 600 per annum In conclusion Mr..
Cummins remarked: ti5
s"The Postal Telegraph company, With ito per.
feet wire, improved systems, trunk lines, cable
connections, superior and reliable service and
cheap aud uniform RATES, will enter the field With
certainty OF success