But there will also be, as now, a central body of experts to handle the larger affairs that are common to all companies.

No separateness or secession on the one side, nor bureaucracy on the other--that is the typically American idea that underlies the ideal telephone system.
The line of authority, in such a system, will begin with the local manager.

From him it will rise to the directors of the State company; then higher still to the directors of the national company; and finally, above all corporate leaders to the Federal Government itself.

The failure of government ownership of the telephone in so many foreign countries does not mean that the private companies will have absolute power.

Quite the reverse.