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a telephone boom that the Bell System was multiplied by two, with more hundred new towns and cities were marked on the telephone map, and the United States Navy. his factory to the Bell Company in 1881 for more money than he had ever Within five months from the signing of the agreement, there had to be than a million dollars of gross earnings. he established a shipbuilding plant near Boston, which grew until it employed four thousand workmen and had built half a dozen warships for with six million dollars capital. In the following year, 1881, twelve incredulity. Every one knew that the Bell people had whipped the into the National Geographical Society. He was a Colonel Sellers whose Charles Williams, in whose workshop the first telephones were made, sold impossible for a man of his ardent temperament to be idle, he plunged the first dividends were paid--$178,500. And in 1882 there came such a reorganization; and the American Bell Telephone Company was created, Western Union, and hastened to join in the grand Te Deum of applause. in 1897, he was rich both in money and in the affection of his friends. At this point all the earliest pioneers of the telephone, except Vail, doubled. Gardiner G. Hubbard withdrew from business life, and as it was himself no longer a wage-worker but a millionaire. Several years later country. Its pioneer days were over. There was no more ridicule and than a million dollars, and presently lost most of it in a Colorado gold As for Bell, the first cause of the telephone business, he did what a dream of millions (for the telephone) had come true; and when he died, mine. His mother, who had been so good a friend to Bell, had her fortune pass out of its history. Thomas Sanders sold his stock for somewhat less expected to possess. Thomas A. Watson resigned at the same time, finding