National Geographic : 1921 Dec
Democracy "-ofthe people, by the people, for the people " People of every walk of life, in every state in the Union, are repre sented in the ownership of the Bell Telephone System. People from every class of telephone users, members of every trade, profession and business, as well as thousands of trust funds, are partners in this greatest investment democracy which is made up of the more than 175,000 stockholders of the American Telephone and Telegraph Company. If this great body of people clasped hands they would form a line more than 150 miles long. Marching by your door, it would take more than 48 hours of ceaseless tramping for the line to pass. This democracy of Bell telephone owners is greater in number than the entire population of one of our states; and more than half of its owners are women. There is one Bell telephone share holder for every 34 telephone sub scribers. No other great industry has so democratic a distribution of its shares; no other industry is so com pletely owned by the people it serves. In the truest sense, the Bell System is an organization "of the people, by the people, for the people." It is, therefore, not surprising that the Bell System gives the best and cheapest telephone service to be found anywhere in the world. "BELL SYSTEM" AMERICAN TELEPHONE AND TELEGRAPH COMPANY AND ASSOCIATED COMPANIES One Policy, One System, Universal Service, and all directed toward Better Service "Mention The Geographic-It identifies you"