The chronicle=news., 1913-12-20
administration
EuTED OVER
7 R Us 7
ACTION

l thc voluntary Nh7"ttttsS pt thu "a
called l-i. phone trust soinhnsnau
th. ai,.atioa .t all astnhinis,ratio
officials.
Next 4. ~. fact that all tho Tea
tGf.s against AhlSh IN" sos.rntaru
~as preparing an antitrust sIi
| ~iIl b. oIinsihat-I Atin the sCis-h
and cooperation oi his ,as'a3ss
| Itself. sitb.ut yrars as so,.u lisa,
ms. III. principal tspi. af discus
sion in standardization circles Na'
srat effect ~tii "a. dissolution
have on IN" mo,-ir-ht for - vert
.nen, p~n-rshipf u has b--E s-n
orally expected IN congress that ssei
. rian ~oaia sopa b. uis-d as Al
administration ns-asurr.
Win tn" voluntary dissolution o
the s.r.sil.si trust actually uns-t
way. k,tsf,ty .rh-fai usis-yn.la
and tho Interstate ."iEnufe- ..f.s
ls.ie- .a,nn issl.a today :rrtsr-d 's
sesn tho "details st tho separation al
the Amrri an I-i-pa.a- asa T.i.'
srapn sonIanY ;rsm trs w-s,sr.i
'ni1n and ihr 4orS Of iiasniNiHE
,-i. phone anaiss tnrpisrau' IL.
q sourtrF ~hIFh ,hr-atr, 81 trIarsl
action.
Not onIy has the sm-rifaH r-i'
ph.n- ahJ J-irErapa sen. .p-nS
asr--a 1. sNs AZ lie s.n,spi st ,hr
Western ,a,aa. bu' u has ssr-.'
nsS la -st-nd ia ns.psoiy "a! local
sosspan,-. In ,h. lsi-t'hnto field.
u-rrr~ys,,s- '~-s OF Asry'
'sna. husror of tb. rsrr.i uost tan
AMI active IN tho Hps-sa-ns Tor sns.
srnment ae aea-r.h,p Of telegraph aas
t-i-phoa. iinrs. tn,rlaae-,i a s-xoir.
li~n ia dir'.s ,nr h.ass ,"siosce''
.nn.initi-- .. SO ahead aud s.rort a
n,iI Tor za,-faiacnt ounrtshtp III
telephones. Il. h- operated by 'h-
Icstotfi.- a-rst'.i-n'.
In q s,a,.m-r, accompanying r's
resolution. Mr. Lewis .un,~ni.d tina.
the action 81 tho ii~ii T-i-pnon.
company tn Presrn, litigation under
tn. antitrust Law. did not affect ,Hc
legislative action a, all.
The action Of the tiril con PAN y
will no, reduce a single telephone OF
telegraph tate in tho C'ti.d stat. /.
and pa the public nsc.ssi.,-s for leg.
isi.,ty- action 30 tostaiisG tL-&.
,ncsho,is q. communication. a. taos
have teen IN nearly all other .oun.
ss,-.. are not affected iG th, '.aa,.
said he.
The Lewis resolution -rrpodirss a
plan by which tho tcicphrn. SB.s
would b. appraised by the in'oru'at'
commerce commission aai tho cor
pani-s might appeal To tho Ini,.r
states -ircutt courts a, the awards
Pending litigation. tB'crcst a. IL
rate OF rsr cent a year Mould n'
I aid To- tho owners
Tho government would tsauo /! pct
cent bonds from time Z" 'i'nc as tn'
acquisition Of properties jcnat dcd.
New York. Dec. :O.-ThS an
nouncccmcn, from Washington thg
| the American Jci.phonc and Tci-
graph company had reached n
agreement with tho department -
| justice whereby II would rciihluisl
control Of the Western Union ans
avoid u sui, under tho antitrust laS
! caused excited advance IL the s,oc'
CT the telephone company at tn'
opening of the stock market today
the nrs, transaction In tho stoci
VA. n block OF 2.oco shares. one u
the largest blocks OF that stoci
which has been handled On the cN
| change in years Prices range
from i2ei. TO IL. maximum gai'
,f sl points Later the gain We
| run up to seven points.
Now York. Dcc. 2O.-Rcierring t,
the relations between the Am.ricai
Telephone and Telegraph compan.
and til Western uhion, r, N. Vail
president Of both, said to-day, ii
part:
NO s,ich thing as dissolution ha
occurred for the reason tnat such
thing as monopoly never occurre'
in the leas'. The Relations betwec
the American Telephone and 1clc
graph company md the Wester'
tC"s,isu-d On page 50