The Birmingham age-herald., 1906-03-22

company. Its authorized capital con sists of one hundred million dollars. of which s97370,000 is outstanding and $29, 495,000 in the treasury. If has, in addition to it's capital stock, liabilities of S4S, S93, of which amount over sixteen millions is for accumulated surplus or undivided profits. Its earn ings for 1903 were $29, ,249 390. of which SISSY .474 was profit. Among its off cers and directors are some of the men concerned in the original consol- idation. In 1877 there were over 19,000 stockholders. Statistics are not ob- tainable as to tho number of stockhold- CTS in the company today-it is pre- sumably much larger.
 The Marconi Company seeks to have thousands of stockholders. As there is wisdom in many counsellors, so there Is strength in many stockholders.
 You need some Marconi stock as the foundation of a fortune Buy it.
 You can see the Marconi system in operation at the free exhibition to- night at the High school audi torium. Many interesting demonstra- tions of it's superiority over the wire system that have made so many mil lionaires will be given.
 Abraham Lincoln Once Said
 That some men should be rich shows that others may become rich, and hence it is an encouragement to ener- gy and enterprise.
 It is the unthrifty who attributes failure to lack of opportunity. It is no excuse to urge that chances have opportunities. One man grasps as op- portunity that which another shuns as unjustifiable risk. The first is a sue cess, the other a failure.
 Cyrus Field saw opportunity in the Atlantic cable. Other men saw only risk and inevitable failure.
 Morse alone of the hundreds of sci entlsts who knew and discussed the phenomena of electricity recognized the telegraph opportunity.
 Bell, struggling with the undulatory theory of sound waves, conceived his opportunity and realized the telephone.
 Marconi was the one man of all~ex perimenters In etheric waves who saw in that subtle influence his great op- portunity--the wireless telegraph.
 Following Morse came host of i'm itators, who sought to benefit by his discoveries. Companies exploiting rival telegraph systems by House Henry and others gained vogue. One company at least outriyaled Morses in it's commercial establishments, but all were swallowed up in the patent decisions which gave the great inven- tor the sole property rights of his discoveries.
 Fields rivals were active and suc- ceeded in gathering large following for time, but Fields overtowering genius won the hard-fought battle.
 Bells claims were fought by Gray, by Drawbaugh, by Dolbear. Corpora tions backing these claims were wrecked by the final triumph of jus tice in Bells favor.
 Marconi is not without imitators. but there is only one Marconi, and only one Marconi system, and the Canadian rights to that system, including Can ada and it's independencies, and all ships sailing under it's flag, belong to the Marconi Wireless Telegraph com. pany of Canada It is in this company that the same opportunity is presented to the people of this generation to be- come rich that was presented to the people of past generations by the ac. complishments of Morse, Field and Bell. through investment in the com panies organized to establish the ses- eral systems invented by them.
 Marcohi's remarkable achievements have been accomplished in much less time than any of the others. Less than three years have passed since he first demonstrated the practicability of doing without wires what the others named had done with wires. This means the wiping out of over 90 per