The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1913-09-03


lef the whole
VIZ believe lhat this highest com
mefeial value can only be attained BY
one system under one common control
and that It cannot De given by iDde-
pendent systems unless they are oper-
ated under agreements which result III
4 one e0mmon control and one common
interest IN effect making them d sin
Hgle system.
we believe That rates should be SO
adjusted as to afford the company sur
fieient revenue to pay such wages and
compensation as will secure tile most
I efficient service. to maintain Che very
highest and most advanced standard
0t plant and apparatus, to carry on
such scientific and experimental re-
search and Inventions as to apparatus
and methods as to insure Tie highest
Iatandaras, and To carry to reserve ana
4 depreciation such amounts ais will Cd.
able the company AT any time to re-
place cld plant and old methods with
new plant and new methods as fast as.
they may be developed and found 10
\ pc 70 Che advantage Of the service
we believe that In addition, such fair
\ charges should be paid upon the in
Yeetment IN plant as well enable the
company at any time to obtain money
+ necessary to provide the plant rel
/ quired 10 meet the continuing demands
4 of the public and In order that waste
and duplication Of effort may De avoid
ed and uniformity Of purpose and com
mon control be enforced, that there
should be d centralized general adj
mlnlstration n close communication
With and having general authority
over the whole on matters common to
AZ or matters Of general policy.
\ we believe that any surplus beyond
\ that necessary to eaualize dividends
On q fair basis should be used BY tie
company for The benefit OF the public
aud should be inalienable for any
other purpose, and should be either IA.
vested N revenue-earning plant until
necessary to substitute plant which
may become Inadequate or obsoIata
or should be used to make tie service
cheaper or better
we Delieve that under Broper GOV
ernmental sontrol and regulation tha
profits from promotion 81 operatinn
allowed to be distributed should not
pe 50 large as to warrant at torvf
complete duplication 81 plant and or-
saill1aFlon, with its duplication Of ifs
pal'ilal chafges and its Organization
operating, maintenance and denracia'
tioh expenses; and We do not believe
'ii.tt utilities giving a6 fa.r rafoe "a
elilelent and sufficiently comprahan.
FsiVe universal service should ba anh.
Jeet 70 limited competition. not pivino
such service Competition, wbfeh rs
hores the Obligation to furnish com.
pete aad comprehensive service fs not
competition, IS not for the benefit IF
tne public ia that tt does NOT reacb
hle whole public Interested
itt therefore, complete duplication
Win lts dual exchange connection and
ouai pilis for service. is d prerequisite
% complete competition. government
1ol.fol ana regulation cannot 90 hand
" hand with competition.
w believe that the record Of tba
bell System will be accented ~ the
punlla as fully in accord with ihasa
declarations Consistent adheranee ~
tllis policy has given the public of the
United States the best. most eomnre.
hensiye and cheapest telephone service
N the world and made the Ben stand-
ARDS the standards Of all nations.
10 remove any possible excuse forI
! mlaapprehension on account Of tbe
many misleading statements which
nave been circulated as to The alleged
unnecessary and over-capitalization
ana excessive charges Of The Bell svs.
tenn, the following statistics are gfven
Exeept where stated, the figures are
lot tne Ben System; that is, the
American Telephone and Telegraph
and its Associated Companies.
The entire Bell System Gu June 40
l9lS, had outstanding III the hands III
the public obligations Il e.. notes
open accounts, bonds and shares) to
the par value Of S176.000 000.
The book value Of the total tangible
asseis which is considerably less than
lneif replacement value, amounted to
4s6V,V0V090. Many appraisals Of prop.
efty included in these assets have been
made, and most Of them under the iii.
fection Of public authorities n
no case has the value as ii stands on
the books failed to be sustained. and
m most cases It has been very largely
exceeded.
The total dividends and interest
paid during The year 1912 amounted
70 only G.f per cent on the average Of
It's outstanding obligations. and to less
lhan 5 per cent on the average value
of It's assets.
The actual cash which has been paid I
into the treasury of The American
Telephone and Telegraph Company Oh /
account Of the capital obligations now
outstanding amounts 10 So o00,00H T
more than The Pal Of such outstanding
obligations
The Associated Companies collected /
from the public paid back ii taxes /
ever sl0.000,900 during the wear toto /
Inc steadily increasing necessities
q sifss public net Dniy Tor additional +
put fof Pew te3sahone service can only
Pc met by new construction. involy- I
lng capital aII outlay. TO meet these
demands during the six and one.half
years from 1907 to June. 1918. inelu.
siF9, tie increase in telephone plant
vas as follows Toll line wire In
creased from 100000 miles to 2.242
VOl miles exchange wire increased
irom 5iQee,e09 miles to ls.000.0 GOO. the
huAhef Of exchange Stations increas-
ea from 2l39.900 to a200.09 tue +