Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1912-06-08

tnat all or the Dig gain IN itS service
reported at the annual meeting this
year came from the country. This, Of
course, is q reason for raising the
rates. The following from the Chica-
60 Daily News shows how the phone
people bank on the reports Of the
city "experts:"
slight gains In revenues were re-
ported to the stockholders Of the Chi.
cago Telephone Company at the an.
nual meeting, although there was q
falling OF In the profits In the city Of
Chicago itself. This loss was due,
according to President Bernard q.
sunny's report, to the constantly In
creasing number Of nickel q day"
telephones, the revenue on which av.
erages 322.70 per annum 40 against .
cost Of operation. he said, Of @2S.64,
as fixed by one city expert, and $25.2S
as fixed by another city expert. The
pecentage Of nickel telephones In
Chicago increased SO per cent in 1908
and AZ per cent in 1911. The com.
pany reports increased earnings in
the suburban division, which Offset
the losses In Chicago"
~
The telephone monopoly eolieos ~
users Of nickel phones to guarantee 8
cents per day. II the montAly Aepesle
Of nicksls falls short q ~ gaasAAAse
the company makes the phone rentse
pay the difference. II there should
happen to be an excess Of niokels The
company gobbles them Ill. The phone
renter gets no credit for that excess.
That's the logic Of the monopoly.
Mayor Harrison made . popular
move when hs ordered Q new report
On the telephone situation. The "sx.
pert" whose report 10 now IN the
hands Of the Council Committee fav.
ored the raising Of rates and Q gen
sral contribution 70 the necessities Of
the phone gang. His report strangely
enough showed that the chicago
Sranch Of the monopoly 10 owned
body. boots and brsechss by the
American Telephone crowd who con.
troll the telephone business Of the
whole country. His report also shows
that the Chicago branch Of the monop'
oily 10 obliged to buy all Of IT. equip
ment from . notorious Electric Com
pany which 10 also owned By ths
American Telephone Trust This com
pany makes its own prices for what
Il sells to the other concern and the
people Of Chicago are expected TO pay
for the profits Of both subsidiary insti
tutions Of the Trust
~SA
The one-cent telephone 10 sure te
come.
All telephone patents should bs 60
ascated By the government when tAeg
become the exclusive property q ~
Telephone Trust. The following froo
an editorial in the Chicago Dan.
News Of July II. 1911. hits the eas'
exactly:
I'm IN argument before the lationa
senate's interstate commerce oomit
tee, Senator Kenyon recently urge(
several notifications Of the ehe1nal
antitrust law. One Of them provido(
that when any patent granted BY tn
government 10 used TO build up trus
or combination the patent shall b Sss
Ieited."
A telephone company that pay
eight per cent dividends on twenty
nine millions OF stock Is making to-
much money. The people are payini
too much for telephone service.
%6eA
Penny telephones are to be estah
lished In Detroit and there is no goo,
reason why they should not be estat
l!she. IN Chicago. The following
dispatch from Detroit explains itself
Reduction Of local telephone rate
80 per cent for the average usel
elimination Of the distinction betwee
residences and business telephone
and the establishment OF rate Q
$3.50 per month and ! cent each TO
outgoing messages In excess OF 20
per month on single party lines, wit
no limit on incoming calls are pm
vided for in an ordinance. on whic
q common council committee bega
hearings"
CITY oFFlcEs-NEw CITY HALL
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