Telephones, yesterday said that he proposed a new company to take over the Mutual Telephone Ca,, and that with his system the reorganization cost of Tis, 8,000,000 mentioned in Section 11 of the Anson Report would be 1 company ciently for the purchase of the present company and also for further development.
The statement that Bast exchange should be scrapped because the] development of other ex chan would ender it necessary to instal expensive machinery for the exchange of messages from these others, on another system, to the East exchange, was ridiculed by Capt, Cassel. This intereommunieation mechanism, he said, was. comparatively simple, and the Exiesson would work in conjunction with any other system. In addition, according to the Anson report, the East exchange is working very well One of the chief claims for the Ericsson system was the small amount of space which it occupied and its cheap building and operation costs, power consumption being very Tow." As space for machinery isa Vital'problem with the S.M.T, Ca. at resent, Capt. Cassel was most em-Dhatie on this point. He showed a vain of a European exchange which ad been converted from another automatic system to Eries-son, from which it could be seen that the' Ericsson took. up less than halt the space of the other,
Text read from the printed page and cleaned; old type leaves the occasional error.