National Geographic : 1948 Sep
MORE THAN 200,000 TELEPHONE EMPLOYEES ARE BUYING TELEPHONE STOCK THEY work for the Telephone Company and they are buying American Telephone and Telegraph Company stock through regular payments out of wages-in accord ance with a special company offer. They are your friends and neigh bors in the telephone business home town folks who may live right next door or across the street. You'll find them in countless cities, towns and rural areas throughout the United States. They are acquiring a stake in the business. These men and women employees are part of the capitalists-hundreds of thousands of them from all walks of life-whose savings make it pos sible for America to have the finest telephone service in the world. BELL TELEPHONE SYSTEM ' _:::: i ,:a-- J.