L.C. BAKER
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AT&T Corporation - Wikipedia, the free encyclopedia
The Teletype Corporation had its roots in the Morkrum Company. In 1902, electrical engineer Frank Pearne approached Joy Morton, head of Morton Salt, seeking a sponsor for Pearne's research into the practicalities of developing a printing telegraph system. , (it is highly likely that Joy and his B.L.F. sought Frank )Joy Morton needed to determine whether this was worthwhile and so consulted mechanical engineer Charles Krum, who was vice president of the Western Cold Storage Company, which was run by Morton’s brother Mark Morton. Krum was a key figure in the development of the teleprinter, a machine which played a key role in the history of telegraphy and computing.
In 1902, he was interested in working together with Pearne, so space was set up in a laboratory in the attic of Morton's Western Cold Storage. Frank Pearne lost interest in the project after a year, and left to get involved in teaching. Krum was prepared to continue Pearne’s work, and in August, 1903 a patent was filed for a ‘typebar page printer’.
Among Morton’s brands are Morton Salt and Argo Starch. Morton also supported the development of the teletype and formed the Morkrum company with the inventor Howard Krum. The company was later renamed to Morkrum-Kleinschmidt, then to Teletype Corporation. It was sold to American Telephone & Telegraph Company in 1930 for $30,000,000. But did it really even change hands? or was it the O.A.K. reshuffling the deck to avoid another monopoly scandle?
Alexander Graham Bell (center) and several AT&T executives prepare to inaugurate transcontinental telephone service, January 25, 1915.
Theodore Newton Vail - Wikipedia, the free encyclopedia
Four locations participated in the first call. Alexander Graham Bell, inventor of the telephone and co-founder of AT&T, led a group of dignitaries in New York. His one-time assistant Thomas Watson, led a group in San Francisco. AT&T President Theodore Vail spoke from Jekyll Island, Ga. And U.S. President Woodrow Wilson spoke from the White House. In the end AT&T ended up reshuffled into the hand of the man who was always holding all of the Aces. He is still holding most of them, but he is gone from this earth and the OAKS he spawned continue to spawn acorns through natural propagation like a constantly growing Forrest. The old boy is dead and his roughed O.A.K. stump has disappeared quietly as they all did one by one. It makes no difference to the Empire he created, for he was always "They".....the Brothers of Lasting Faith.
J.P. Morgan Flexes Its Muscle in $20 Billion Loan to AT&T - WSJ
Make that two very long train loads of money!
Just my common cents, L.C.
The Teletype Corporation had its roots in the Morkrum Company. In 1902, electrical engineer Frank Pearne approached Joy Morton, head of Morton Salt, seeking a sponsor for Pearne's research into the practicalities of developing a printing telegraph system. , (it is highly likely that Joy and his B.L.F. sought Frank )Joy Morton needed to determine whether this was worthwhile and so consulted mechanical engineer Charles Krum, who was vice president of the Western Cold Storage Company, which was run by Morton’s brother Mark Morton. Krum was a key figure in the development of the teleprinter, a machine which played a key role in the history of telegraphy and computing.
In 1902, he was interested in working together with Pearne, so space was set up in a laboratory in the attic of Morton's Western Cold Storage. Frank Pearne lost interest in the project after a year, and left to get involved in teaching. Krum was prepared to continue Pearne’s work, and in August, 1903 a patent was filed for a ‘typebar page printer’.
Among Morton’s brands are Morton Salt and Argo Starch. Morton also supported the development of the teletype and formed the Morkrum company with the inventor Howard Krum. The company was later renamed to Morkrum-Kleinschmidt, then to Teletype Corporation. It was sold to American Telephone & Telegraph Company in 1930 for $30,000,000. But did it really even change hands? or was it the O.A.K. reshuffling the deck to avoid another monopoly scandle?
Alexander Graham Bell (center) and several AT&T executives prepare to inaugurate transcontinental telephone service, January 25, 1915.
Theodore Newton Vail - Wikipedia, the free encyclopedia
Four locations participated in the first call. Alexander Graham Bell, inventor of the telephone and co-founder of AT&T, led a group of dignitaries in New York. His one-time assistant Thomas Watson, led a group in San Francisco. AT&T President Theodore Vail spoke from Jekyll Island, Ga. And U.S. President Woodrow Wilson spoke from the White House. In the end AT&T ended up reshuffled into the hand of the man who was always holding all of the Aces. He is still holding most of them, but he is gone from this earth and the OAKS he spawned continue to spawn acorns through natural propagation like a constantly growing Forrest. The old boy is dead and his roughed O.A.K. stump has disappeared quietly as they all did one by one. It makes no difference to the Empire he created, for he was always "They".....the Brothers of Lasting Faith.
J.P. Morgan Flexes Its Muscle in $20 Billion Loan to AT&T - WSJ
Make that two very long train loads of money!
Just my common cents, L.C.
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