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¡¡buildings¡¡with¡¡eleven¡¡hundred¡¡and¡¡twenty¡¡telephones¡¡and¡¡five¡¡hundred¡¡thousand¡¡calls¡¡a¡¡year£»¡¡while¡¡merely¡¡the¡¡Christmas¡¡Eve¡¡orders¡¡that¡¡flash¡¡into¡¡Marshall¡¡Field's¡¡store£»¡¡or¡¡John¡¡Wanamaker's£»¡¡have¡¡risen¡¡as¡¡high¡¡as¡¡the¡¡three¡¡thousand¡¡mark¡£

Whether¡¡the¡¡telephone¡¡does¡¡most¡¡to¡¡concentrate¡¡population£»¡¡or¡¡to¡¡scatter¡¡it£»¡¡is¡¡a¡¡question¡¡that¡¡has¡¡not¡¡yet¡¡been¡¡examined¡£¡¡It¡¡is¡¡certainly¡¡true¡¡that¡¡it¡¡has¡¡made¡¡the¡¡skyscraper¡¡possible£»¡¡and¡¡thus¡¡helped¡¡to¡¡create¡¡an¡¡absolutely¡¡new¡¡type¡¡of¡¡city£»¡¡such¡¡as¡¡was¡¡never¡¡imagined¡¡even¡¡in¡¡the¡¡fairy¡¡tales¡¡of¡¡ancient¡¡nations¡£¡¡The¡¡skyscraper¡¡is¡¡ten¡¡years¡¡younger¡¡than¡¡the¡¡telephone¡£¡¡It¡¡is¡¡now¡¡generally¡¡seen¡¡to¡¡be¡¡the¡¡ideal¡¡building¡¡for¡¡business¡¡offices¡£¡¡It¡¡is¡¡one¡¡of¡¡the¡¡few¡¡types¡¡of¡¡architecture¡¡that¡¡may¡¡fairly¡¡be¡¡called¡¡American¡£¡¡And¡¡its¡¡efficiency¡¡is¡¡largely£»¡¡if¡¡not¡¡mainly£»¡¡due¡¡to¡¡the¡¡fact¡¡that¡¡its¡¡inhabitants¡¡may¡¡run¡¡errands¡¡by¡¡telephone¡¡as¡¡well¡¡as¡¡by¡¡elevator¡£

There¡¡seems¡¡to¡¡be¡¡no¡¡sort¡¡of¡¡activity¡¡which¡¡is¡¡not¡¡being¡¡made¡¡more¡¡convenient¡¡by¡¡the¡¡telephone¡£¡¡It¡¡is¡¡used¡¡to¡¡call¡¡the¡¡duck¡­shooters¡¡in¡¡Western¡¡Canada¡¡when¡¡a¡¡flock¡¡of¡¡birds¡¡has¡¡arrived£»¡¡and¡¡to¡¡direct¡¡the¡¡movements¡¡of¡¡the¡¡Dragon¡¡in¡¡Wagner's¡¡grand¡¡opera¡¡¡¨Siegfried¡£¡¨¡¡At¡¡the¡¡last¡¡Yale¡­Harvard¡¡football¡¡game£»¡¡it¡¡conveyed¡¡almost¡¡instantaneous¡¡news¡¡to¡¡fifty¡¡thousand¡¡people¡¡in¡¡various¡¡parts¡¡of¡¡New¡¡England¡£¡¡At¡¡the¡¡Vanderbilt¡¡Cup¡¡Race¡¡its¡¡wires¡¡girdled¡¡the¡¡track¡¡and¡¡reported¡¡every¡¡gain¡¡or¡¡mishap¡¡of¡¡the¡¡racing¡¡autos¡£¡¡And¡¡at¡¡such¡¡expensive¡¡pageants¡¡as¡¡that¡¡of¡¡the¡¡Quebec¡¡Tercentenary¡¡in¡¡1908£»¡¡where¡¡four¡¡thousand¡¡actors¡¡came¡¡and¡¡went¡¡upon¡¡a¡¡ten¡­acre¡¡stage£»¡¡every¡¡order¡¡was¡¡given¡¡by¡¡telephone¡£

Public¡¡officials£»¡¡even¡¡in¡¡the¡¡United¡¡States£»¡¡have¡¡been¡¡slow¡¡to¡¡change¡¡from¡¡the¡¡old¡­fashioned¡¡and¡¡more¡¡dignified¡¡use¡¡of¡¡written¡¡documents¡¡and¡¡uniformed¡¡messengers£»¡¡but¡¡in¡¡the¡¡last¡¡ten¡¡years¡¡there¡¡has¡¡been¡¡a¡¡sweeping¡¡revolution¡¡in¡¡this¡¡respect¡£¡¡Government¡¡by¡¡telephone£¡¡¡This¡¡is¡¡a¡¡new¡¡idea¡¡that¡¡has¡¡already¡¡arrived¡¡in¡¡the¡¡more¡¡efficient¡¡departments¡¡of¡¡the¡¡Federal¡¡service¡£¡¡And¡¡as¡¡for¡¡the¡¡present¡¡Congress£»¡¡that¡¡body¡¡has¡¡gone¡¡so¡¡far¡¡as¡¡to¡¡plan¡¡for¡¡a¡¡special¡¡system¡¡of¡¡its¡¡own£»¡¡in¡¡both¡¡Houses£»¡¡so¡¡that¡¡all¡¡official¡¡announcements¡¡may¡¡be¡¡heard¡¡by¡¡wire¡£

Garfield¡¡was¡¡the¡¡first¡¡among¡¡American¡¡Presidents¡¡to¡¡possess¡¡a¡¡telephone¡£¡¡An¡¡exhibition¡¡instrument¡¡was¡¡placed¡¡in¡¡his¡¡house£»¡¡without¡¡cost£»¡¡in¡¡1878£»¡¡while¡¡he¡¡was¡¡still¡¡a¡¡member¡¡of¡¡Congress¡£¡¡Neither¡¡Cleveland¡¡nor¡¡Harrison£»¡¡for¡¡temperamental¡¡reasons£»¡¡used¡¡the¡¡magic¡¡wire¡¡very¡¡often¡£¡¡Under¡¡their¡¡regime£»¡¡there¡¡was¡¡one¡¡lonely¡¡idle¡¡telephone¡¡in¡¡the¡¡White¡¡House£»¡¡used¡¡by¡¡the¡¡servants¡¡several¡¡times¡¡a¡¡week¡£¡¡But¡¡with¡¡McKinley¡¡came¡¡a¡¡new¡¡order¡¡of¡¡things¡£¡¡To¡¡him¡¡a¡¡telephone¡¡was¡¡more¡¡than¡¡a¡¡necessity¡£¡¡It¡¡was¡¡a¡¡pastime£»¡¡an¡¡exhilarating¡¡sport¡£¡¡He¡¡was¡¡the¡¡one¡¡President¡¡who¡¡really¡¡revelled¡¡in¡¡the¡¡comforts¡¡of¡¡telephony¡£¡¡In¡¡1895¡¡he¡¡sat¡¡in¡¡his¡¡Canton¡¡home¡¡and¡¡heard¡¡the¡¡cheers¡¡of¡¡the¡¡Chicago¡¡Convention¡£¡¡Later¡¡he¡¡sat¡¡there¡¡and¡¡ran¡¡the¡¡first¡¡presidential¡¡telephone¡¡campaign£»¡¡talked¡¡to¡¡his¡¡managers¡¡in¡¡thirty¡­eight¡¡States¡£¡¡Thus¡¡he¡¡came¡¡to¡¡regard¡¡the¡¡telephone¡¡with¡¡a¡¡higher¡¡degree¡¡of¡¡appreciation¡¡than¡¡any¡¡of¡¡his¡¡predecessors¡¡had¡¡done£»¡¡and¡¡eulogized¡¡it¡¡on¡¡many¡¡public¡¡occasions¡£¡¡¡¨It¡¡is¡¡bringing¡¡us¡¡all¡¡closer¡¡together£»¡¨¡¡was¡¡his¡¡favorite¡¡phrase¡£

To¡¡Roosevelt¡¡the¡¡telephone¡¡was¡¡mainly¡¡for¡¡emergencies¡£¡¡He¡¡used¡¡it¡¡to¡¡the¡¡full¡¡during¡¡the¡¡Chicago¡¡Convention¡¡of¡¡1907¡¡and¡¡the¡¡Peace¡¡Conference¡¡at¡¡Portsmouth¡£¡¡But¡¡with¡¡Taft¡¡the¡¡telephone¡¡became¡¡again¡¡the¡¡common¡¡avenue¡¡of¡¡conversation¡£¡¡He¡¡has¡¡introduced¡¡at¡¡least¡¡one¡¡new¡¡telephonic¡¡custom¡¡a¡¡long¡­distance¡¡talk¡¡with¡¡his¡¡family¡¡every¡¡evening£»¡¡when¡¡he¡¡is¡¡away¡¡from¡¡home¡£¡¡Instead¡¡of¡¡the¡¡solitary¡¡telephone¡¡of¡¡Cleveland¡­Harrison¡¡days£»¡¡the¡¡White¡¡House¡¡has¡¡now¡¡a¡¡branch¡¡exchange¡¡of¡¡its¡¡ownMain¡¡6¡¡with¡¡a¡¡sheaf¡¡of¡¡wires¡¡that¡¡branch¡¡out¡¡into¡¡every¡¡room¡¡as¡¡well¡¡as¡¡to¡¡the¡¡nearest¡¡central¡£

Next¡¡to¡¡public¡¡officials£»¡¡bankers¡¡were¡¡perhaps¡¡the¡¡last¡¡to¡¡accept¡¡the¡¡facilities¡¡of¡¡the¡¡telephone¡£¡¡They¡¡were¡¡slow¡¡to¡¡abandon¡¡the¡¡fallacy¡¡that¡¡no¡¡business¡¡can¡¡be¡¡done¡¡without¡¡a¡¡written¡¡record¡£¡¡James¡¡Stillman£»¡¡of¡¡New¡¡York£»¡¡was¡¡first¡¡among¡¡bankers¡¡to¡¡foresee¡¡the¡¡telephone¡¡era¡£¡¡As¡¡early¡¡as¡¡1875£»¡¡while¡¡Bell¡¡was¡¡teaching¡¡his¡¡infant¡¡telephone¡¡to¡¡talk£»¡¡Stillman¡¡risked¡¡two¡¡thousand¡¡dollars¡¡in¡¡a¡¡scheme¡¡to¡¡establish¡¡a¡¡crude¡¡dial¡¡system¡¡of¡¡wire¡¡communication£»¡¡which¡¡later¡¡grew¡¡into¡¡New¡¡York's¡¡first¡¡telephone¡¡exchange¡£¡¡At¡¡the¡¡present¡¡time£»¡¡the¡¡banker¡¡who¡¡works¡¡closest¡¡to¡¡his¡¡telephone¡¡is¡¡probably¡¡George¡¡W¡£¡¡Perkins£»¡¡of¡¡the¡¡J¡£¡¡P¡£¡¡Morgan¡¡group¡¡of¡¡bankers¡£¡¡¡¨He¡¡is¡¡the¡¡only¡¡man£»¡¨¡¡says¡¡Morgan£»¡¡¡¨who¡¡can¡¡raise¡¡twenty¡¡millions¡¡in¡¡twenty¡¡minutes¡£¡¨¡¡The¡¡Perkins¡¡plan¡¡of¡¡rapid¡¡transit¡¡telephony¡¡is¡¡to¡¡prepare¡¡a¡¡list¡¡of¡¡names£»¡¡from¡¡ten¡¡to¡¡thirty£»¡¡and¡¡to¡¡flash¡¡from¡¡one¡¡to¡¡another¡¡as¡¡fast¡¡as¡¡the¡¡operator¡¡can¡¡ring¡¡them¡¡up¡£¡¡Recently¡¡one¡¡of¡¡the¡¡other¡¡members¡¡of¡¡the¡¡Morgan¡¡bank¡¡proposed¡¡to¡¡enlarge¡¡its¡¡telephone¡¡equipment¡£¡¡¡¨What¡¡will¡¡we¡¡gain¡¡by¡¡more¡¡wires£¿¡¨¡¡asked¡¡the¡¡operator¡£¡¡¡¨If¡¡we¡¡were¡¡to¡¡put¡¡in¡¡a¡¡six¡­¡¡hundred¡¡pair¡¡cable£»¡¡Mr¡£¡¡Perkins¡¡would¡¡keep¡¡it¡¡busy¡£¡¨

The¡¡most¡¡brilliant¡¡feat¡¡of¡¡the¡¡telephone¡¡in¡¡the¡¡financial¡¡world¡¡was¡¡done¡¡during¡¡the¡¡panic¡¡of¡¡1907¡£¡¡At¡¡the¡¡height¡¡of¡¡the¡¡storm£»¡¡on¡¡a¡¡Saturday¡¡evening£»¡¡the¡¡New¡¡York¡¡bankers¡¡met¡¡in¡¡an¡¡almost¡¡desperate¡¡conference¡£¡¡They¡¡decided£»¡¡as¡¡an¡¡emergency¡¡measure¡¡of¡¡self¡­protection£»¡¡not¡¡to¡¡ship¡¡cash¡¡to¡¡Western¡¡banks¡£¡¡At¡¡midnight¡¡they¡¡telephoned¡¡this¡¡decision¡¡to¡¡the¡¡bankers¡¡of¡¡Chicago¡¡and¡¡St¡£¡¡Louis¡£¡¡These¡¡men£»¡¡in¡¡turn£»¡¡conferred¡¡by¡¡telephone£»¡¡and¡¡on¡¡Sunday¡¡afternoon¡¡called¡¡up¡¡the¡¡bankers¡¡of¡¡neighboring¡¡States¡£¡¡And¡¡so¡¡the¡¡news¡¡went¡¡from¡¡'phone¡¡to¡¡'phone£»¡¡until¡¡by¡¡Monday¡¡morning¡¡all¡¡bankers¡¡and¡¡chief¡¡depositors¡¡were¡¡aware¡¡of¡¡the¡¡situation£»¡¡and¡¡prepared¡¡for¡¡the¡¡team¡­play¡¡that¡¡prevented¡¡any¡¡general¡¡disaster¡£

As¡¡for¡¡stockbrokers¡¡of¡¡the¡¡Wall¡¡Street¡¡species£»¡¡they¡¡transact¡¡practically¡¡all¡¡their¡¡business¡¡by¡¡telephone¡£¡¡In¡¡their¡¡stock¡¡exchange¡¡stand¡¡six¡¡hundred¡¡and¡¡forty¡¡one¡¡booths£»¡¡each¡¡one¡¡the¡¡terminus¡¡of¡¡a¡¡private¡¡wire¡£¡¡A¡¡firm¡¡of¡¡brokers¡¡will¡¡count¡¡it¡¡an¡¡ordinary¡¡year's¡¡talking¡¡to¡¡send¡¡fifty¡¡thousand¡¡messages£»¡¡and¡¡there¡¡is¡¡one¡¡firm¡¡which¡¡last¡¡year¡¡sent¡¡twice¡¡as¡¡many¡£¡¡Of¡¡all¡¡brokers£»¡¡the¡¡one¡¡who¡¡finally¡¡accomplished¡¡most¡¡by¡¡telephony¡¡was¡¡unquestionably¡¡E¡£¡¡H¡£¡¡Harriman¡£¡¡In¡¡the¡¡mansion¡¡that¡¡he¡¡built¡¡at¡¡Arden£»¡¡there¡¡were¡¡a¡¡hundred¡¡telephones£»¡¡sixty¡¡of¡¡them¡¡linked¡¡to¡¡the¡¡long¡­distance¡¡lines¡£¡¡What¡¡the¡¡brush¡¡is¡¡to¡¡the¡¡artist£»¡¡what¡¡the¡¡chisel¡¡is¡¡to¡¡the¡¡sculptor£»¡¡the¡¡telephone¡¡was¡¡to¡¡Harriman¡£¡¡He¡¡built¡¡his¡¡fortune¡¡with¡¡it¡£¡¡It¡¡was¡¡in¡¡his¡¡library£»¡¡his¡¡bathroom£»¡¡his¡¡private¡¡car£»¡¡his¡¡camp¡¡in¡¡the¡¡Oregon¡¡wilder¡­¡¡ness¡£¡¡No¡¡transaction¡¡was¡¡too¡¡large¡¡or¡¡too¡¡involved¡¡to¡¡be¡¡settled¡¡over¡¡its¡¡wires¡£¡¡He¡¡saved¡¡the¡¡credit¡¡of¡¡the¡¡Erie¡¡by¡¡telephonelent¡¡it¡¡five¡¡million¡¡dollars¡¡as¡¡he¡¡lay¡¡at¡¡home¡¡on¡¡a¡¡sickbed¡£¡¡¡¨He¡¡is¡¡a¡¡slave¡¡to¡¡the¡¡telephone£»¡¨¡¡wrote¡¡a¡¡magazine¡¡writer¡£¡¡¡¨Nonsense£»¡¨¡¡replied¡¡Harriman£»¡¡¡¨it¡¡is¡¡a¡¡slave¡¡to¡¡me¡£¡¨

The¡¡telephone¡¡arrived¡¡in¡¡time¡¡to¡¡prevent¡¡big¡¡corporations¡¡from¡¡being¡¡unwieldy¡¡and¡¡aristocratic¡£¡¡The¡¡foreman¡¡of¡¡a¡¡Pittsburg¡¡coal¡¡company¡¡may¡¡now¡¡stand¡¡in¡¡his¡¡subterranean¡¡office¡¡and¡¡talk¡¡to¡¡the¡¡president¡¡of¡¡the¡¡Steel¡¡Trust£»¡¡who¡¡sits¡¡on¡¡the¡¡twenty¡­first¡¡floor¡¡of¡¡a¡¡New¡¡York¡¡skyscraper¡£¡¡The¡¡long¡­distance¡¡talks£»¡¡especially£»¡¡have¡¡grown¡¡to¡¡be¡¡indispensable¡¡to¡¡the¡¡corporations¡¡whose¡¡plants¡¡are¡¡scattered¡¡and¡¡geographically¡¡misplacedto¡¡the¡¡mills¡¡of¡¡New¡¡England£»¡¡for¡¡instance£»¡¡that¡¡use¡¡the¡¡cotton¡¡of¡¡the¡¡South¡¡and¡¡sell¡¡so¡¡much¡¡of¡¡their¡¡product¡¡to¡¡the¡¡Middle¡¡West¡£¡¡To¡¡the¡¡companies¡¡that¡¡sell¡¡perishable¡¡commodities£»¡¡an¡¡instantaneous¡¡conversation¡¡with¡¡a¡¡buyer¡¡in¡¡a¡¡distant¡¡city¡¡has¡¡often¡¡saved¡¡a¡¡carload¡¡or¡¡a¡¡cargo¡£¡¡Such¡¡caterers¡¡as¡¡the¡¡meat¡­packers£»¡¡who¡¡were¡¡among¡¡the¡¡first¡¡to¡¡realize¡¡what¡¡Bell¡¡had¡¡made¡¡possible£»¡¡have¡¡greatly¡¡accelerated¡¡the¡¡wheels¡¡of¡¡their¡¡business¡¡by¡¡inter¡­city¡¡conversations¡£¡¡For¡¡ten¡¡years¡¡or¡¡longer¡¡the¡¡Cudahys¡¡have¡¡talked¡¡every¡¡business¡¡morning¡¡between¡¡Omaha¡¡and¡¡Boston£»¡¡via¡¡fifteen¡¡hundred¡¡and¡¡seventy¡¡miles¡¡of¡¡wire¡£

In¡¡the¡¡refining¡¡of¡¡oil£»¡¡the¡¡Standard¡¡Oil¡¡Company¡¡alone£»¡¡at¡¡its¡¡New¡¡York¡¡office£»¡¡sends¡¡two¡¡hundred¡¡and¡¡thirty¡¡thousand¡¡messages¡¡a¡¡year¡£¡¡In¡¡the¡¡making¡¡of¡¡steel£»¡¡a¡¡chemical¡¡analysis¡¡is¡¡made¡¡of¡¡each¡¡caldron¡¡of¡¡molten¡¡pig¡­iron£»¡¡when¡¡it¡¡starts¡¡on¡¡its¡¡way¡¡to¡¡be¡¡refined£»¡¡and¡¡this¡¡analysis¡¡is¡¡sent¡¡by¡¡telephone¡¡to¡¡the¡¡steelmaker£»¡¡so¡¡that¡¡he¡¡will¡¡know¡¡exactly¡¡how¡¡each¡¡potful¡¡is¡¡to¡¡be¡¡handled¡£¡¡In¡¡the¡¡floating¡¡of¡¡logs¡¡down¡¡rivers£»¡¡instead¡¡of¡¡having¡¡relays¡¡of¡¡shouters¡¡to¡¡prevent¡¡the¡¡logs¡¡from¡¡jamming£»¡¡there¡¡is¡¡now¡¡a¡¡wire¡¡along¡¡the¡¡bank£»¡¡with¡¡a¡¡telephone¡¡linked¡¡on¡¡at¡¡every¡¡p

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