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officials and engineers, that the public regarded a second or a of them were over-capitalized, depending upon public sympathy to atone Some of these duplicate companies built up a complete plant, and gave thirty-five extinct companies. has been the death-rate among these isolated companies that at a recent cheaper rates and better service. They did not for years discover that cost, just as two fire departments or two post offices would. electric light system, which can often be duplicated with the result of that burst in 1905, twenty-one in 1906, and twelve in 1907. So high attempted by Nature, even in her most frivolous moods. Most people innovation. "We have two ears," said one promoter; "why not therefore This duplication went merrily on for years before it was generally two telephone companies in one city means either half service or double third telephone system in one city as quite a possible and desirable still so young, it was so little appreciated even by the telephone In this way, masked as competition, the nuisance and waste of thirty-five pieces of wood, taken from thirty-five switchboards of convention of telephone agents, the chairman's gavel was made of duplication began in most American cities. The telephone business was discovered that the telephone is not an ear, but a nerve system; and good local service, while others proved to be mere stock bubbles. Most that such an experiment as a duplicate nerve system has never been fancied that a telephone system was practically the same as a gas or thousand dollars. All told, there were twenty-three of these bubbles dollars of stock for sale was sold at auction in 1909 for four hundred for deficiencies in equipment. One which had printed fifty million have two telephones?"