The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-03-29

settled communities is thought to JUSTIFY
the impression that Marconi has given
considerable study to this subject Mean
while, the development of the telephone
system of the United States proceeds
with even greater rapidity than ten years
ago President Vail, according to his init
mate friends. thought possible. The de-
mand for telephone installation in much
of the region west of the Mississippi river
continues to be very great. In fact, it is
believed that adequate telephone COM
munication in much of the region west of
the Missouri valley will serve almost as
greatly to develop that region as will the
construction of additional railways. 1t is
a fact that with the satisfactory termina-
ton of the ong-continued litigation be-
tween the Marconi and the United Wire
less telephone companies it is the expecta-
ton that Marconi will leave to Subordi-
mates the further development of wire
less stations that he may have oppor-
in their inception, seem almost as chi
merical as did his original conception Of
telegraphing through the utilization of at
mospheric electric waves.
Nj. C. d. Borden's Latest Move.
Matthew c. D. Borden is one of the
men of affairs who do great things in ii
great way. Today he is acknowledged to
be the conspicuous leader in one of the
great departments of American cotton
manufacture. Mr.. Borden acts always
his own judgment. He is without superior
in a capacity for intuitive judgments re-
specting business situations and business
3
rapidly collecting the needed data upon
which to base a judgment and Their
quickly assimiating the facts. His mind
operates with wonderful quickness, III
that respect resembling Mr.. Morgan in
the field of finance and the late E. H
Hartman in the field of railway cor
struction.
1t will always be a tradition in the
world of cotton manufacturing that Mr..
Borden was the first of the manufacture
ers of New England to detect the signs
of revival of business prosperity in the
latter part of President CleveIand's al
ministTation. Business had been wofuIly
stagnant for three or four years The
Barring failure in London, followed, as
that was, by the currency panic in the
United States due to the apprehension
that the government would be compelled
to lapse to the exclusive silver basis, so
greatly Frustrated business that for the
first time in many years soup kitchens
were established in New York city, since
even the skilled workmen were without
employment and their families were act
ually hungry
About the year 1896, when business was
still PROSTATE, the announcement was
made that Mr.. Borden had purchased an
enormous quantity of cotton. The
nouncement was correct and the mere
fact that NJ c. D. Borden had ventured
at that time to make what is now his
toric purchase of cotton, so far as any
one purchase was concerned, tended of
itself to stimulate the cotton manufactur-
ing business. What Mr.. Borden then did
proved to be not based upon rash or reck-
less Judgment. He foresaw, a year earlier
than most men of business, the revival
of business prosperity. Mr.. Borden's re-
cent action in raising the wages of the
thousands of employees in his mills in
Fall River 10 per cent is another ilIustra-
ton of his way of doing things He mas
led in this respect and presumably other
manufacturers must follow 1t Is also