The Providence news. (Providence [R.I.]) 1891-1906, 1899-11-02
New Concern VIII Be Absolutely lnds-
pendent Of Bell or Other Companies.
A GREAT BENEFIT 70 SUBSCRIBERS.
Low Ralss for Strlce Guarsni'ei-far Reaching
Pans Of The New tcmh ma S2O, ,OOO OOO OF
CAP iaI for lhs Continental Company.

Boston. Nov. 2.-Mr z. S. HolbrooA'
president Of the Massachusetts, Ieie-
phone and Telegraph company anu
president of the Boston ana -N0"
YORK Telephone and Telegraph com
pany was seen by reporter at his
office In the Flske building yesterday
after.Joa. and interviewed IN regard
10 the new Continental Telephone. Tele-
graph and Gable company. which mas
been Incorporated in New Jersey, for /
the reported purpose Of combining the /
indenendent companies throughout the /
country.
Mr.. H0lbrook readily admitted that |
the two companies in which he Is IN |
terested were Included In the new com 1
bne and said that the Boston subscrib-
ers to the new local service would inn
mediately benefit by the consolidation.
I'VE are in full sympathy with the 1
large project in New York which was I
made public today" ne said. and l !
desire 10 impress upon the public that |
the Continental is absolutely independ-
ent of the Bell. the Western Union and
the Postal Telegraph. We intend 10
proceed with our plans here In Bos-
ton, and the big combination viii give
our subscribers a better long distance
service than il we were confined TO cur
own territory. Low rates are abso-
lutely guaranteed the people. and moth
ing in the big combination will inter
fere in the least vita the plans which
we have made for our own territory.
A BIG PROJECT.
"Mr. oakes Ames. the Hon. Charles
r. Adams and myself are interested in
be included in directorate. / can assure
the public that with such men as ].
w. Latta, George j. Gould. Jonn Jacob
Astor, William G.. whitney L. A. Is.
Widener and William l.. Elkins inter
ested in the new company, the project
is big one. and will be carried out
for the benefit OF the subscribers of the
independent telephone companies
throughout the country"
PRACTICALLY ONE COMPANY.
The Massachusetts Telephone and
Telegraph Company and the Boston
and New York Telephone and Tele-
graph Company are practically one
company. the former securing the fran
chises and the latter doing the work Of
construction. The Massachusetts COM
pany is Incorporated in this state, and
has a capital OF $4,000 the Boston
d New York company is a Delaware
corporation. and has a capital of $5,000.-
600.
The principal officers OF the Massa-
chusetts Telephone a Telegraph Com
pany are: President u. 8 HolbrOok /;
vice-president, Arthur f. Temple treas
urer, Oakes Ames The Hon. Charles f..
Adams is president Of the Boston a,
New York Telephone & Telegraph Com
pany. Mr.. Holbrook Is vice president
and Mr.. Ames is treasurer. Mr.. Ad-
ans is pesident OF the Massachusetts
State Board OF Trade president OF the
Merrimdc Savings Bank OF Lowell. dele
gate to the Paris exposition. and is ac-
tive along many political and business
lines. He was formerly a director in
four Bell companies but resigned from
them to go with the promoters OF the
independent movement.
Mr. Holbrook. who came to this city
from Chicago about a year ago held
many high positions OF trust in that
city. and was very active I'm local af-
fairs. his fight for the banks against
their unjust taxation under the revenue
laws of Illinois, and his warfare against
wealthy tax dodgers, bringing him into
especial prominence. He was for many
years vice-president and treasurer OF
the A. III. Andrews & Co. Corporation
vice president Of the large feye1rv
the Perlshable Freight Transfer Com
pany, and was for time vlca-presi-
dent OF the Lincoln National Bank ~
Chicago. Mr. Holbrook was the autbor
of the famous 'feaaet No. =" In favor
~ the gold standard issued bv tho Ra
pubhcan national committee during the
last presidential campaign.
INDEPENDENT CONCERNS.
As 10 the strength OF the indenerss,,
movement u can be stated that tbe-o
are IS cities 81 ne country that havs
Independent exchanges with over 1000
subscribers each. including &, T.o,,is
with e0oG Detroit aIfh seo0 pbu9dei
phia with 500. rnfiarapofs win 25oo
and Grand Rar5fs m.h z1.o sever.i
cities have EergreE Iarap -r,--fe,,s -
subscribers zrd ars eFfat. .frtrir.s, ov-
changes. A-Donx sfaeBs 10 H.as--- --.tb =
fist - sf1-i iNn9 Atnur y -s.a- citios
have ercranres ir sserztltr VIA sro,,
600 70 1900 E1seF'7issrf
The -etVrftrrl - feissfnuns .rta- -
fhe ircer,e-ct-rrt ffs Tlopirigri,sf 80
teieror-f ~ married 6sSr,.e ~, g.
~ t1e tsrr trat n intigns sgup fsr,.,--
efrT Ttf -''i'np'rf Michlfl.r .it,..
,SFf t-l-e--sa-it.fff rsiirpilons.. .yll.,.-
- ~ fft'ait1'eF Nev YORK nae 1ft
F'-rrFflrassis fsu q ~ Tu0lan, l,. -.s
Iowa fss ~ s-d N rnisor l,,r 49,
rnersVeF s.t nn0l felf.unouee
=, % r-ciasI.r +i,nt shs .'tof.o..,s ...
errrl-s-'.fv vfr defoall .helr s.oo. ,.'...
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Tre- s.s 81 pol 600 ,,f .u.p ,a.....
f-f-- r''-N' ftTvrsf's vril 49, ....s
- fFaet~, fDf bufinose