Show Telegraph Costs sad Profits Chicago 24 Tribunes New York Rufus Hatch saYI1 wag in Chicago December 78 and conversed with gentle men owning a line telegraph from Chicago Chi-cago to Milwaukee distance of eighty nine miles Tbo Hoe cost them 14500 and they hd netted S5000 Inside of iI year They gave me detailed figures of he entire cost construction I brought them to New York and harded them to Gould and out of this Action grow the American Union Telegraph Company and that It why Field Leiler Tffil Ham Hesth Co and Rufus Batch are in the Central Construction American Union Telegraph Companies and not because Mr Connor president of the Central Construction Company and his friends squeezed Rufus in I prepared a map which was afterwards scaled showing the number of miles poles length of wire and estimated cost of con trucilcra to duplicate about 80 per cent bf the Western Union s cash receipts TI a very largo extent the Americaa Union adopted this programme The estimate was 3000000 it was afterward I enlarged to 55000000 and that amount has been paid to the Construction Com I pony As to tho statement that has been made to stockholders I dont know how much of it has been fpent but I was assured by one of tho officers some three months since that they had 1800000 on hand |