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

ing at $2O.
 We believe the shares will be worth s1O0 each in less than two years.
 How is this possible?
 Our great transatlantic system will be open by the 1st of May.
 It's earnings will be enormous.
 It will enable the company t. pay large dividends-from 150 to 200 per cent per annum.
 When that time arrives the company will have no stock to sell at any price.
 The only stock that can be bought then will be the private holdings of the individual
 The man who buys now at $6.OO is not going to sell until he gets his price.
 If he can draw from $5 to $1O every year as an income from his $6.Oo in- yestment. he is not going to sell those shares for less than s1OO or $15O each, is he?
 If he did. he would be fool.
 Those who want Marconi stock then will have to bid high prices in order to get 1t.
 Just as Edison electric light stock advanced from s100 to $4,000 in value in one year, so Marconi shares are likely to advance from $500 to $1OO in the next year or two.
 Just as Western Union stock ad- vaneed to value of $225 share be- fore even a dividend had been paid by the company, so will Marconi stock have similar advances before it begins to pay dividends.
 When We talk to them like this, some people say:
 '1t's a wonder you'd sell any stock if it has such remarkable earning power?"
 And in answer we say
 Here is a steam engine that will give 150 horse power, but it is idle and useless unless supplied with steam. We must have fuel to create that steam. It would be just as logical for you to say: If that engine will give 150 horse power. why waste money in fuel?'"
 In order to develop the latent power of the engine, there must be fuel.
 Tn order to develop the inherent earning power of the wonderful inven- ton 1t must have fuel-money. If 1t had all the money it needed, there would be no stock offered for sale.
 You must remember that this com pany is already, today, earning as much money as 1t is spending. It Is self-sustaining. It has no debts. It has no bonds.
 It has no preferred or privileged shares. ......t.
 Every share issued is common stock, entitled to equal rights and privileges, You can't be foreclosed of your in terest In the company. | Every share Is full-paid h. on if any purpose. The company being a limited liabil 1 ity corporation, the shareholders have no responsibility beyond the face value of their shares. 1 The company is endorsed and sub sidized by the government.
 It has important contracts covering every branch of governmental service Such men as Thomas A. Edison Michael I. Pupin, Jas. A. Fleming Lord Kelvin, and other scientists of international importance have pro nounced unhesitatingly as to its com mercial success. The destiny of the company is no | longer in doubt. It is destined to be the very most | important factor in international trade ever established. It is destined to add thousands of l millions of absolutely new forms of wealth to the world. You have an opportunity to be one of those who will share that wealth. The men who were long-headed enough and prophetic enough to fore see the destiny of the telephone are the ones who made the great fortunes out of it.
 But the men who had neither long heads TOT foresight got rich out of it, too. just from buying few shares as flyer"
 We don't encourage anyone to buy Marconi stock in that spirit. Q We want stockholders who are will ing to make a permanent investment. Stockholders who are willing to stay by the company and reap the full re- ward of their investment and perma- nent revenues. Frequently people laugh and sheer at us and say: Why, if everything you x..,,o tl.ax, tho million oirac nf