The Idaho Springs siftings-news., 1913-12-06

there is mutual dependence between the
public service corporation, and that pub
lie prosperity pends largely upon the
utilities that bring them in contact
with each other, and that the more
nearly perfect in efficiency and sufficien-
ey the utilities serving the public are,
the more prosperity, comfort and con-
veniences the public will enjoy.
We believe our story is a. interest
ing one, and we hope that everyone
will read it.
NOTE E---As an instance of the kind
of startling news which the newspa-
pers sometimes publish, we want to
call attention to the recent articles in
the newspapers headed United States
Government Calls Upon Two Girl Stem
ographers to Tell Where They Got Two
Million Dollars to Form the Corpors-
tion Securities and Investment Com
pany' Then the articles went on to
say that this Corporation Securities and
Investment Company was a scheme of
the Telephone Company to furt her
its purpose of monopohzing the tele-
phone companies, etc.
The truth is thar our company has
been met with a strong feeling in the
State of Montana well-nigh universal
that something should be done to re-
ileve the citizens OF that state, of two
telephone systems. Public meetings
have been held, and votes taken, that
ha f.tA s Al
the systems should be thrown out Res
olutions and,letters have bsen submitted
to US, and We have started out to see
see what we could do to relieve the
citizens of that state of this burden.
We found that the Independent in
terests operating there also operated
in Spokane in the State Of Wash ngton.
and i'll northern Idaho, and that the
lndepence interests doing business in
Montana could not be bought, or sold, SO
as to alone cover the property in Mon
,ana, but that the purchase must include
their property in the states of Idaho
and Washington. The Mountain States
Telephone and Telegraph Company
does not operate in either of these
sections. and therefore, is not RESPONSE
Bile for telephone situations there, nor
does it wish to operate there, but we
felt we must meet the conditions in
Montana, and SO, in orGer to be in DO.
sition to either buy or sell, from or to,
the Independent interests in Montana,
there was formed this Corporation Sc
curities and Investment Company, as a
corporate company, to enter into
negotiations with the Independent
interests in Montana which negotiations
are now in progress, and, if possible,
to buy these Independent interests in
Montana, northern Idaho and Washing
ton, and then in the end. if that pur
pose was accomplis he'd, the Corporation
Securities and Investment Company
should sell to Tire Mountain States
Telephone and Telegraph Company
the portion Of the Independent plant
located in Montana sell and to other
portins of these Independent plants
existing in northern Idaho and Wash
ington
We explain this SO the public may
know that in the above foreword,
where we say .'there is no company
within a company, or wheels within
whee So we are speaking absolutely
truly, and also that this Corporation Sc
curties and Investment Company which
was so freely advertised in the articles
in the newspaper referred to. is abso
lutely legitimate and organized Tor
the specific puposes stated
n1o6ranh C'nmnanv