Show BILLION DOLLAR TELEGRAPH TRUST Control of Western Union Passes To the American Telephone And Telegraph Company LONG STEP TOWARDS MERGER Means a f I rout nt o oIn In III I ii ln ont Action Ion Of Ot Parent Nov lov 18 Control of ot the Uie Western tern Union Telegraph T company lUlled liaised today to the tIM American Date Tele Telephone phone 8 Tele sad and a along along long slap Wp wn wa wee taken toward the of or the telephone rend the Ih telegraph companies c Into tuto ItU a corporation with a capitalisation n of or nearly one oUe button dollar doila do lla re is Announcement of the lbs acquirement of ot tit iii for yearn yesra known mown an as a wp by the live II American Telephone Telegraph l company came today tram from Boston The Th acquisition n of the Western and the recant noGent absorptIon of or various arlou district nell Telephone corn con peals In various i parts Arts of or the country count indicates a large farge Increase In the pres pros present ent eat capitalization of at the th parent prent rent corn com company pany pan tile Uie American Ant Telephone Tale Tel raph company The Tit present capital c of ot the tho telephone and aM telegraph company IH is I WO O In stock and 2 In bonds bond The Western Vestern has hall a thIn tion of at in stock and P In bond beads Officiate Official of ot the Postal Pastel J Telegraph com corn company comIn pany In stated that their company would on an III Independent basic Nil I Stocks Stock of ot the Union tell fell S on the took exchange e on the news of the ge of control contri President S N Vail 11 of lh the American Telephone Telegraph company said MIter todAy tolay From Krom the very y comm nt of ot the hone It ha la h been thought that a close aI oo making of or ono enC the to the tM theother theother other would give gle additional public service a aa won well an as result In equal economy both to th tM the public and the tho There Th 1 Is III much to be gained by the joint construction anti and an maintenance of o othe the plant anti and by It common use to the tha greatest politic extentS but the Uia U greatest Gr advantage would follow toll ow the thc placing of or th millions of or lont subscribers In I ew close fI e and anti reliable con cun neot n with the Rna anti dl die patching officers of at the telegraph tel com tont ponies While some IOme provision for the man map manner mannor nor ner r exists today a a lack laok of ot harmony human euid cooperation between n th the corn com panle and Inability to agree a o on meth moth I 15 of r fixing responsibility rel has limited ft lbs utilization to eases of If absolute 11 The Hie harmony and cooperation lion tion It la ts believed can now bo boo established and thin the r ad advantage advantage vantage made available a for the public Official dental denial was hn glean n this after afternoon noon 1100 of or reports that President dowry and Assistant General G Manager r flat Bar Barclay clay cIa would resign from flUm the Western It was wall reported that William H II Baker formerly vice e president and general manager of o the Postal Tele Tel Telegraph Telegraph graph company would become general of or the Western Union AMOUNT OI OJ PP STOCK GOT Boston Nov OY IS The American Tale TeJo phone St Telegraph company com n has ha ha se HI secured a cured a substantial aub amount of ot the minority stock of the tho Western We tern Union Telegraph company and sufficient vot vet ing mit rights right II of ot other stock to give the telephone company control of or the tale tele telegraph graph corporation cot according to an en an nn announcement made here today The action I lIon on oil the tIme part of American Telephone Telegraph Tel ph company not come pome a a surprise here The nUl ng for trw the ot of the West Went Western t tem em ern Ill Union Ion stock stack to k hays I b tHen been en In lit progress pr s several v ral month The fhe contracts tot between en the American Alean Bell Telephone company ned in the Western Union dated Nov o nv 10 1175 11 1 7 provide for the ha mutual exchange ellAnge of ot company to do 0 collecting and delivering a as tar flu a it al poU le over I It it In hues but bul under the th present r t move corporation and te kh l inc distinctions have bave M e 41 l any efly de de fee of or cooperation lIon tion tt OB For more mm than thai IS s S years there titer ha holl 1 been een n litigation between the Telephone company and anti tho Western ra |