At midnight they telephoned this decision to the bankers of Chicago and St.Louis.These men, in turn, conferred by telephone, and on Sunday afternoon called up the bankers of neighboring States.

And so the news went from 'phone to 'phone, until by Monday morning all bankers and chief depositors were aware of the situation, and prepared for the team-play that prevented any general disaster.
As for stockbrokers of the Wall Street species, they transact practically all their business by telephone.

In their stock exchange stand six hundred and forty one booths, each one the terminus of a private wire.

A firm of brokers will count it an ordinary year's talking to send fifty thousand messages; and there is one firm which last year sent twice as many.

Of all brokers, the one who finally accomplished most by telephony was unquestionably E.H.Harriman.