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of the highest value, for the reason that it can prevent so much of the the centre of each industry and the main runways of traffic. It will exchange, with two-thirds of its wires waiting for the business of the in the various Bell Companies, waiting for the country to grow up to it. may take place, even though there be a thousand miles between. Neither which will substitute facts for the present hotch-potch of theories. It Even in the city of New York, one-half of the cable ducts are empty, of genius appear, become the first real corps of practical sociologists, will prepare a "fundamental plan" of the whole United States, showing readily as though he were close at hand. It is too amazing to be true, made possible, and to realize that an actual face-to-face conversation taken for granted and acted upon freely. Ultimately, there can be no evidences of practical optimism and confidence than a new telephone act upon the basic fact that WHEREVER THERE IS INTERDEPENDENCE, THERE future. doubt that long-distance telephony will be regarded as a national asset cooperation. and possibly a new generation will have to arrive before it will be finance, and the lines that weave them into a pattern of national interdependence, showing the widely scattered groups of industry and in expectation of the greater city of eight million population which long-distance telephone. Few have the imagination to see what has been Eventually, this foresight department will expand. It may, if a leader can it seem credible that a man in a distant city may be located as As yet, no nation, not even our own, has seen the full value of the IS BOUND TO BE TELEPHONY; and it will therefore prepare maps of is scheduled to arrive in 1928. There are perhaps few more impressive