Word: postalized
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Clarence Hungerford Mackay, Postal Telegraph...
Thus divided was the U. S. communication field last week when Clarence Hungerford Mackay, president of Postal Telegraph Co., finished telling the Senate Committee on Interstate Commerce what he thought about plans for merging all communication companies into one unit or, failing that, for International Telegraph & Telephone Co. to take over Radio Corp.'s communication business...
...cables and International Telephone & Telegraph's wireless & cables was essential (TIME, Dec. 23). Argued Mr. Young: only by such a monopoly could U. S. communications compete with such monopolistic foreign communication systems as Britain's Cables & Wireless, Ltd. Mr. Young also suggested the consolidation of Western Union and Postal Telegraph (I. T. & T. subsidiary) into one all-inclusive telegraph system...
Perhaps Shrewd Friend Minturn was not so shrewd-nor TIME either. Section 163 of the Postal Laws and Regulations of 1924 reads: "Postage stamps, or special delivery stamps, whether affixed to envelopes or not, shall not be redeemed for the public nor exchanged for other postage stamps, stamped envelopes, newspaper wrappers, or postal cards. . . ." And Postmaster Shamus O'Brien might well keep in mind the provisions of the Act of March 4, 1909 (now in title 18, section 331 of the United States Code) prescribing quite a penalty for postmasters who induce purchases for the purpose of increasing their...
Internal Monopoly: Merger of Western Union and Postal (I. T. & T. subsidiary) into one telegraph company...