File:Bell telephone magazine (1922) (14569578218).jpg

Identifier: belltelephonemag4344amerrich (find matches)
Title: Bell telephone magazine
Year: 1922 (1920s)
Authors: American Telephone and Telegraph Company American Telephone and Telegraph Company. Information Dept
Subjects: Telephone
Publisher: (New York, American Telephone and Telegraph Co., etc.)
Contributing Library: Prelinger Library
Digitizing Sponsor: Internet Archive

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picture.The facilities which peopleuse have steadily increasedIn fact, our interstate net- work is an outstanding example of how continuing development can bring a newera of convenience, versatility and speed.Obviously, if we are to continue to growand innovate, good earnings are funda-mental. Only through earnings levelswhich attract the large sums of capitalwe need, and which give us the financialleeway to innovate and grow, can progress in communications continue into thefuture. We believe our earnings shouldbe in the range of eight per cent to helpus compete for investor capital with un-regulated industries whose earnings haverisen dramatically in recent years. A third point which should be stressedis that we are not against regulation. We This map shows how the long distance rate reductions that have been made over the yearshave made it possible for the nations telephone users to call farther for less money. r MORE MILES FOR LESS MONEY^1919 - 350 miles $2.25965-3,000 miles $2.00
Text Appearing After Image:
EBRUARY, 1965-SUNDAY AND AFTER 8 RM. $1 OR LESS 16258 where we stand inthe FCC investigation fully accept the fact that public regula-tion is entirely appropriate for anindustry which provides services as vitalto the public interest and welfare as ours.As early as 1907, Theodore N. Vail, thepresident of this Company who was theguiding force in establishing the nation-wide system we have today, came outstrongly in favor of public regulation fora business such as ours. We fully sub-scribe to that philosophy and have livedand grown under regulation at all levelsof our business through the years. When we petitioned the FCC to re-consider and revoke its investigationorder we did so on the grounds thatevery aspect of the Bell Systems inter-state operations are already subject toFCC regulation under long-standing andproven procedures. The continuingsurveillance method of rate makingwhich the FCC itself has recentlystrongly supported, has proved to bevery much in the interest of the FCCand th

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