Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1913-08-27
MUTUAL RELATIONS AND INTERESTS
OF THE BELL SYSTEM IND The PUBLIC

$500 a ~ a4 s -H es&
8 csrrss Ma hrs taas 81
sr Ets sa ~ leF u
mH @ ess afeHss
s sga~x Is tsfna s
81 ia@ saa. a. tal7 osss eiher
tssaazt rss sss q sass a trsoises
tee tasea aesszt g. per- ssuce
tae uec.sslrS lacreass .l chafses
r-ellrss Be- ~ 81 1eFncai @
capital
He be4rs sm fke Alga-st commeF-
cal Fa1- y ~ telephone service
sepeuss o. rs cezB.eteness--on tAe
erfeat and colprsts1siEs1ess q re
lacl.zes f1r lntefeozuuaieztlol. -gf
51ly te.wssn .n1.s 51aIs bgt bstuesa
e-Eters q pogslatl1- mat % lss-
lated section eaa S. considered ia
s4gendeaiig y 4zy o-aer section o.
q tae whole. tAzt rates must b -
adjusted e. % make l. possible 70
obtain the mz1ilan development b
making i possible for every one 20
- connected wao sill add to the
rzlae d the system. thus giving the
greatest value 70 the greatest num-
5srs thzt the iltsFs=peadencs q the
telephone service and the value o.
complete and universal intercOmmunL
cation justify and require some ser
lees partly al the expense Of the
ahols for the benefit q the whole.
We believe that the highest com
mercial value can onIy Be attained
By one system under one common
control and that it cannot BE- given
D. independent systems unless theg
are operated unaer agreements which
result in one common control and
one common Interest, IN effect max
ing them = single system
We believe that rates should b
20 adjusted as 70 afford the COMPANY
sufficient revenue TO pay such wage
and compensation as Will secure th'
most efficient service 10 maintain
, the very highest and most advance,
standards Of plant and apparatus. u
: carry on such scientific and eKperi
mental research and inventions q
to apparatus and methods as to il
: sure the highest standards, and .
carry to reserve and depreciation
. such accounts a. sill enable the con
pany az any time 10 replace the Oh
plant and old methods with me-
+ plant and new methods as fast a
they may be developed and found {
: b. 70 the advantage Of the seryic'
Z We believe that in addition, such fai
= charges should Be paid upon the ii
2 Festment IN plant As viii enable tn
: company az any tine 70 obtain none
j necessary to provide the plant r
u quired 10 meet the continuing d
= mands Of the public and in orde
Z that waste and duplication Of effo
y may be avoided and uniformity /
, enforced, that there should be a ce
tralized general administration
< close communication with and hayiI
Il general authority over the whole {
+ matters common to all or matters
IF general policy.
% We believe that any surplus b
e yond that necessary to equalii
n dividends on a fair basis should
n used by the company for the benei
n OF the public and should be inalie
q able for any other purpose, al
or should be either invested in reyeni
Of earning plant until necessary to 81
T stitute plant which may become
ii adequate or obsolete. or should
al used 70 make the service cheaper
o. better.
to We believe that under proper 90
n ernmental control and regulation t
10 profits from promotion or operate
n allowed to be distributed should n
- be so large as to warrant or tenn
complete duplication Of plant and {
al ganization, with its duplication Of
II. capital charges and its organizatiC
~ operating and maintenance and
as probation expenses; and we do n
ID believe that utilities giving at I;
he rates an efficient and sufficient
comprehensive universal seryi
to should be subject to limited compe
n tion, not giving such service. Conn
s. tition which ignores the obligati
I'd to furnish a complete and comprehe
d. sive service is not competition.
"a. not for the benefit Of the public
OF that ii does not benefit the who
or public Interested.
he II. therefore, complete duplicate
u