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Brummitt, Dan B.

"The Great Events by Famous Historians, Volume 17"

Accordingly the principal telegraph
lines in Ohio, Indiana, Michigan, and some of the neighboring States
were brought into fraternal relations and formed the nucleus of the
Western Union Telegraph Company.
The new policy soon brought prosperity in place of waste and
improvidence. Profits were devoted to the purchase of additional lines,
thus enlarging their domain and strengthening their position. Prosperity
increased with rapid strides; and the beneficial effects of extirpating
wasteful rivalry and building up a substantial system with superior
facilities and provident management gave the new organization a
dominating influence among the telegraph companies of America. The same
general policy has been pursued to the present time [1894], and has
resulted in the establishment of a prosperous corporation of magnificent
proportions, carrying on a useful and beneficent business under a
greater number of governmental jurisdictions, great and small, than any
other corporate organization in existence.


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