The History of the TelephoneCasson, Herbert Newton
History
The History of the Telephone
Casson, Herbert Newton
Telephone -- History
At once the Western Union awoke from its indifference. Even this tiny
nibbling at its business must be stopped. It took action quickly and
organized the "American Speaking-Telephone Company," with $300,000
capital, and with three electrical inventors, Edison, Gray, and Dolbear,
on its staff. With all the bulk of its great wealth and prestige, it
swept down upon Bell and his little bodyguard. It trampled upon Bell's
patent with as little concern as an elephant can have when he tramples
upon an ant's nest. To the complete bewilderment of Bell, it coolly
announced that it had "the only original telephone," and that it was
ready to supply "superior telephones with all the latest improvements
made by the original inventors--Dolbear, Gray, and Edison."
The result was strange and unexpected. The Bell group, instead of being
driven from the field, were at once lifted to a higher level in the
business world. The effect was as if the Standard Oil Company were to
commence the manufacture of aeroplanes. In a flash, the telephone ceased
to be a "scientific toy," and became an article of commerce. It began
for the first time to be taken seriously. And the Western Union, in
the endeavor to protect its private lines, became involuntarily a
bell-wether to lead capitalists in the direction of the telephone.
Sanders's relatives, who were many and rich, came to his rescue. Most of
them were well-known business men--the Bradleys, the Saltonstalls,
Fay, Silsbee, and Carlton. These men, together with Colonel William
H. Forbes, who came in as a friend of the Bradleys, were the first
capitalists who, for purely business reasons, invested money in the
Bell patents. Two months after the Western Union had given its weighty
endorsement to the telephone, these men organized a company to do
business in New England only, and put fifty thousand dollars in its
treasury.
In a short time the delighted Hubbard found himself leasing telephones
at the rate of a thousand a month. He was no longer a promoter, but a
general manager. Men were standing in line to ask for agencies. Crude
little telephone exchanges were being started in a dozen or more cities.
There was a spirit of confidence and enterprise; and the next step,
clearly, was to create a business organization. None of the partners
were competent to undertake such a work. Hubbard had little aptitude as
an organizer; Bell had none; and Sanders was held fast by his leather
interests. Here, at last, after four years of the most heroic effort,
were the raw materials out of which a telephone business could be
constructed. But who was to be the builder, and where was he to be
found?
Public-domain text, read in full here on John Shaqi.
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