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involved to be settled over its wires. He saved the credit of the Erie by telephone--lent it five million dollars as he lay at home on a sickbed. "He is a slave to the telephone," wrote a magazine writer. "Nonsense," replied Harriman, "it is a slave to me." The telephone arrived in time to prevent big corporations from being unwieldy and aristocratic. The foreman of a Pittsburg coal company may now stand in his subterranean office and talk to the president of the Steel Trust, who sits on the twenty-first floor of a New York skyscraper. The long-distance talks, especially, have grown to be indispensable to the corporations whose plants are scattered and geographically misplaced--to the mills of New England, for instance, that use the cotton of the South and sell so much of their product to the Middle West. To the companies that sell perishable commodities, an instantaneous conversation with a buyer in a distant city has often saved a carload or a cargo. Such caterers as the meat-packers, who were among the first to realize what Bell had made possible, have greatly accelerated the wheels of their business by inter-city conversations. For ten years or longer the Cudahys have talked every business morning between Omaha and Boston, via fifteen hundred and seventy miles of wire. In the refining of oil, the Standard Oil Company alone, at its New York office, sends two hundred and thirty thousand messages a year. In the making of steel, a chemical analysis is made of each caldron of molten pig-iron, when it starts on its way to be refined, and this analysis is sent by telephone to the steelmaker, so that he will know exactly how each potful is to be handled. In the floating of logs down rivers, instead of having relays of shouters to prevent the logs from jamming, there is now a wire along the bank, with a telephone linked on at every