The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-03-03
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NOS. 70 nada - FonT1eenih street.
HELLO! CEhTnAL!
The Telephone NJ u Dig llonnuxl-Some
Of the Handsome Fvrtanes.

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THO Telephone NJ u Dig llonnuxl-Some
Of the Handsome Perfumes.
Electrical Ford.
We can all remember The time when
Bell telephone stock went begging, and
when some Of the largest holders OF to-day
were almost reduced 10 the same occupa.
ton. II we begin with Professor Ball, VIC
find him down now Tor a snug fortune Of
S,0oO,00O. Mr.. Blake bids poverty def.
ance from behind an lntrenchment Of ST.
10000. Mr.. W. II. Forbes Is credited
with about as much as both OF these gem
tlemen have put together, and Mr.. G. G.
Hubbard enjoys as the reward Of bis early
foresight and courage, upward Of s., 900, 900.
MI. Theodore N. Vail, who was at Que
time an operator, but was from the first
marked ont for positions OF commanding
influence. devotes the little time he spares
from the general management OF the Amer.
lean Bell Telephone Company TO the care
OF a private fortune estimated at not LEES
than "a 0 10000. It IL also said that among
the telephone m~iliionaires must be placed
Alexander Cochran and G. p. Bowditch
with about $1,000. 000 each, and Thomas
Sanders with not less than 81 ,5O0, 900.
These gentlemen have all done very well
on the new Tom Tiddier's ground. But
there are many others who have found an
FL Dorado in telephone stock or telephone
territory. Take the famous Lowell Syndi-
cate, and not one Of Tia members can COM
plain OF any tickleness OH the part Of Dame
Fortune. Mr.. Loren N. Downs ia said
to have three quarters OF a million,
and We are inclined to think that that is
not the full extent Of his capital. Mr.. W.
A. Ingram and Mr.. J. @. G|fdden are rated
ut a cool million each, while Measrs. A. A.
Coburn and W. H. Bent would not sell
out under half q million each. Mr., 0. E.
Madden, the assistant general manager OF
the parent company, Ia reputed to be worth
from $4,000 10 $500, 900. Among those
who have also pulled large plums out Of the
pie, are named the late Governor Jewell,
Of Connecticut; W. W. Grape, @. J. Gilt.
ford and W. W. Iyers, all OF New Bad.
ford; G. W. Piper and A. P. SAWYER, OF
Newbsryport; c. Sanders, OF Salem: A, D,
Swan and Mr.. Knox, OF Lawrence: q. F.
Cutler and J. G. CLARK, Of South Framing,
BAN; Herrick ?: Frost aud N. F. Tyler, Of
New Haven, Conn; George Howard and
Henry Cianston, Of Providence, RIG.
1 Phillips, Of Dayton, o; II. L. Stork, Of
New York; A. 3. Uline, OF Albany; and G.
Williams, Jr, Of Someryille. ln;s list
could be greatly heightened by additions
from all parts Il the country, but it in.
ciudes most Il the names of those who
we're carly identified with the introduction
OF the telephone into public uso. It ia not
to be forgotten that many large manuiac.
turing concerns have done an immense
and profitable business in connection with
the telephone, and that the Western Union
Telegraph Company draws annually now
about 100000 as royalty from tue Ameri.
can Bell Company, and is 80 greedy as to
want more.
The various little sums we have men,
toned loot up to nearly forty million dol
lars. II they were only ten milliope, they
would still be q magnificent yield from the
patent IL 30 short a space Of time Us eight
years. We are not surprised that The
patent is supposed to be WORTH, capitalized,
about twenty-five million dollars; that the
money now invested in operating the tele-
phone is over n hundred million dollars,
or that the rapid acquisition Of such i'm.
mense wealth has stimulated invention and
aroused cupidity. When the full history
Of the early days OF the telephone in
America is written, it will be among the
most thrilling Of the romances Of scientific
invention aud its commercial development.
Ben Butler might, perhaps, after his dark
hints, employ bis present leisure in wiring
that history.