The Birmingham age-herald., 1906-03-25

will reach dividend paying stage within the next three years.
 We believe that the dividends will range from 100 to 200 per cent per annum on investments made at the present valuation of the shares.
 We believe that the Marconi system will absolutely and completely reyolu- tionize modern methods of electrical communication.
 We believe that the record for earn ings of this company will eclipse that of the telephone, cable. electric light, telegraph or any other electrical enter prise of the past 90 years.
 We believe that notwithstanding the remarkable degree of perfection al- ready attained by Marconi in wireless, that the present stage of its develop ment is but the threshold of the future.
 Thomas A. Edison, who, by the way. is one of the technical directors or the Marconi system, says that there is ab- solutely no limit to the capacity Of wireless telegraph and nothing to pre- vent Marconi from attaing speed ef transmission of upwards of 4,000 words a minute. Furthermore, he says that the speed of the cable is limited Inv it's current capacity and that that capacity can only be increased by ill., creasing the size of the cable. lie also declares that the cable has al- ready reached the limit of practicable and economical size.
 When the demand upon the cable system exceeds it's present capacity, as it has frequently, the only means whereby the capacity can be increased is to lay down another cable. This l1- wolves the investment of few more millions of dollars. Can you for q moment doubt that Edison's state ments are made in good faith? They have been printed in all the leading newspapers of the United States and Europe.
 l If Edisons statements are correct, and no one in the world knows more about the subject than he, can there be any doubt in your mind that the wireless will supersede the cable?
 What better proof do you want to the belief of the cable companies in the entire practicability of the wireless ! than the fact that the Commercial Cable Company has already adopted the Marconi system, and is using it on the Mackay-Bennett, the cable-repair steamer of the company.
 What better proof do ycu want or the fear in which the cable companies view the development of wireless than in their constant efforts to belittie the invention and their constant pro ] mitigation of adverse information con corning it? In their annual reports to their stockholders they endeavor to soothe the natural fears of the invest or by telling them that the wireless l is not a success; and then they go lofore the courts of New Foundiand and ask for and obtain an injunction against Marconi to prevent him rom continuing his experiments in trans Atlantic Wireless telegraphy, on the ground that they have the exclusive franchise to operate telegraph sys- lem between Europe and America from the shores of New Foundland. How can you reconcile precept and practice here? The courts of New Foundland sustained the contention Of tbe cable company and drove l Marconi off the island to the mainland, really doing the world service. for Marconi and all others then were afraid that the increased distance and the added obstacles might nreyent the success of the system, but Marconi is made of the right stuff and he went to work and nude the i'm possible possible.