Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-11-19
WIRELESS TRUST is FORMED
ksrg,r Of All Narconi sad reFyrsSt Con-
ssrni is Oou,u nmatsd.
ABRAHAM WHITE IS MADE PRESIDENT
New Twenty Minion Dollar Company
Takes over All wireless telegraph
Business Of America, Canada
aud England.
CFrom a star Correspondent

Announcement Is made here TO-DAY Of the
formation of a combination TO control
commercial wireless telegraphy, at least
so far as English speaking countries are
concerned.
This is the latest trust. It's president
is Abraham White, who is It's organizer
and its capital will be 320,000.O0O. Mr..
White made an enormous coup In the re-
cent furry in Union Pacific and Southern
Pacific, and a large part of his profits
went TO the perfection OF his long cher
ished plans of consolidating all wireless
telegraph interests.
Includes 'Mareoni and DeForest.
The new combination will take in the
American DeForest Wireless Telegraph
company, and the Marconi Wireless Tele-
graph company, Limited, OF England. As
the American DeFOrest company is the
parent company of the English DeForest
company, and the English Marconi COM
pany is the parent Company of the Mar
cont Telegraph companies OF America and
Canada, the comDnation Of the Iarent
companies will bring all the wireless com
panIes now commercially operating in
England. the United states and Canada
under one control In ADDITION the eng
lish Marconi company controls the Mar
conf companies OF Europe,
The new wireless trust" will be called
the United Wireless company, dropping
the names of all inventors, and in ADDITION
10 controlling the Marconi patents, will
control many Improvements which have
been made by other inventors, IL lie said
a new system Will be acquired which, In
simphfeo terms, may be called multi
pick wireless" Under this system II Is
possible to send or receive from one sta
ton simultaneously, as many messages as
there are operators. BY this system six
messages have been received slmuitane-
ously at one receiving station, Deing sent
IRON six different sending stations
stock ProHIa Provide Funds.
The plans for the consolidation of the
Maroon ana DE hUrtsl companies have
Oeen WORKED out AT a series OF conferences
at White PsrK, W est END, New Jersey, the
magnificent nome OF the late John L. NC
Cail, Formerly president of the New York
Life Insurance company. Abraham Wnte,
president OF the American De forest CON-
pany, recently purchased the estate, for
merry known as enauow Lawn, and re-
named IL White PARK. MIR. " mite, long a
DARING and successful operator in stOcKs
goresaw the personalities IN Union and
Southern Pacific stock and in almost day
cleared an amount estimated at from SOOO,'
OUO to SlO.UUJ.vUO. In those Stocks alone. lie
has never gwen the exact ngures, but hi
: paid approximately SJOO.VCO for White Pafk
and had plenty left He refused &LoOO,VO
cash for his profits at the time OF the
/ recent rise, in Union Pacific and Southern
Pacific stocks.
After purchasing his new estate. Mr.
White decided to devote part OF his re
naming profits TO bringing about a l6nl
cherished plan of consolidating the wire
Hess telegraph companies. For severa
months he has been entertaining at White
! Park large parties OF distinguished Amer
lean and foreign scientists and capitalists
during which the plans for the combinA
ton were discussed. Last Sunday Mr.
White announced TO his guests that thu
plans had been perfected and public an
nouncement would soon be made.
All Stockholders to BE Protected,
Details of exchange Of stocks, business
etc. incidental to the new combination o
interests are being perfected by the attor
neys and brokers representing the various
companies The terms have not yet beer
fully decided upon, but 1t is stated thu
stockholders in all concerns will be full!
protected. The United Telegraph compan!
will be capitalized at SsOOOOOOO and Mr.
Abraham White will be the president o.
the trust" The list OF other oficials Il
practically complete, but will not be an
nounced for few days.
The new combination assures the inter
change OF messages from all station
equipped with the two systems, including
the chain Of land stations on the Atlantis
and Pacific coasts and at interior points
as we'll as from all the transatlantic liner
and coast trade vessels, ell OF which US
either the Marconi or Do Forest systems
AS the English government employs thu
Marconi system and The United States war
ships and naval stations have been equip
ped almost solely by the De Forest com
pany, it is more Than likely the two govern
ments will look into the new combination
which will be known as the ''wireles
I trust