Marietta daily leader. (Marietta, Ohio) 1895-1906, 1899-07-19
What Investors Say.

7
Nashville, Tenn
Il have done large amount Of
work on my Nashville enterprise, and
have secured more than a thousand
contracts, but my experience now has
given me sufficient insight into the
business to convince me that 1t is not
possible to make it a success, and /
could not, as an honest man, recon-
mend my friends to put money into
1t, The truth is, the telephone busi-
ness has grown to be interstate and
national in its operation. The busi-
ness Of our company will be wound up
at once, and secure our stockholders
in as little loss as possible. -. e.
Thompson.
Somerville, N. j.
When we organized two years ago,
we believed that we could provide a
cheap and satisfactory telephone ser
vice for our towns, and make a pro-
At on It, We have found out our mis-
take There is no difficulty in making
1t cheap, but there was many difficult
ties in the way of making 1t satlsfac=
tory. and 1t was absolutely impossible
to make a profit. Our people gave the
company hearty support. We started
without being familiar with the many
details of the telephone business, and
we quickly found that the rate instl-
tuted were not sufficient to pay the
running expenses of the business even
ON the economical basis on which we
tried to start it. We found too, that
the expense of maintaining and oper-
ating a telephone plant Is much great
er than one would imagine. The wires
and apparatus soon begin to get out of
order, and require constant care and
repairing. ."-Chas. Schwed, Treasurer.
Lincoln, ILL.,
"The experience of the past two
years has demonstrated that the
charges made by this telephone COM
pany for service are not sufficient TO
pay the actual running expenses in
cluding the necessary repairs to keep
the line in working order."-D. H.
Harts, President
Lake Charles, Ia
I'VE find, after eighteen months ex-
perlence, that it is not practicable for
two telephone companies to succeed in
the same city; that with competing
telephone companies the public is not
benefited to the same extent and the
service is not as efficient as it is under
one central exchange properly con-
ducted We also find that the expense
in conducting the business are very
much more than we anticipated. -
Chester A. Brown, Secretary and
Treasurer.
Ottumwa, Iowa.
The leaders among our business
men don't want to have two tele-
phones in their offices, and we don't
blame them; for we don't want the ad-
ditional annoyance and expense our
selves. ."-Ottumwa Democrat.
Burlington, iowa
THE Ottumwa Press says: Two
Salvation Armies and two telephone
systems will make Ottumwa proud.
They will come nearer making her
crazy The moral effect of a couple OF
Salvation Armies will be needed to
counteract the nerve prostration of
two telephone exchanges. ."-Burling-
ton Hawkeye.
Burlington, Iowa
THE Inauguration of a new tele-
phone company simply compels firms
who require telephone service to go tc
the extra expense of another telephone
and all the annoyance and trouble oi
having two instruments in their place
of business or residence. Other cities
that have suffered from this are SICK
and tired of it and universally de-
nounce the service. ce."-Burlington Eve
ming Gazette.
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