The Telephone Trust Monopoly

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Pacific Press Publishing Association · Mountain View, California · Feb 21, 1911

FromSigns of the Times, Vol. 38, No. 8.

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The Telephone Trust Monopoly

It is said that Mr. J. P. Morgan, organizer or controller of a dozen or more trusts, purposes to merge all telephone lines he controls with the Bell company. This monopoly will include the Western Union Telegraph Company, and six of the larger transatlantic cables, and every channel of quick communication on land except the Telepost Automatic Telegraph lines and wireless. This will mean a raise of rates and the discharge of laborers. When will the trust control end?