CONTENTS (Volume II) Page xiii FINDINGS ABOUT INFORMATION SOURCES AVAILABLE AT THE FEDERAL COMMUNICATIONS COMMISSION AND ELSEWHERE, By Sharon Kirby and James Bell. 1844 1856 1861 1880s 1910 1929 1934 1943 1945 PUBLIC MESSAGE CHRONOLOGY "Public message telegraph service is ordinary telegram First telegraph line established between Baltimore and Washington. A transcontinental system is established. The Postal Telegraph Cable Co. becomes a domestic competitor with The Mann-Elkins Act established the Interstate Commerce Commission's regulatory authority over telephone and telegraph communications. Western Union's regular telegram service hits its peak. Main The Communications Act is passed and the Federal Communications Commission created. Congress adds domestic merger section 222 to the 1934 Communications Act. The purpose of this legislation is to assure that the merger of Western Union and the Postal Telegraph Co. would not violate antitrust laws. FCC holds hearing (Docket 6517 10 FCC 148 [1943]) and finds that the public interest would be best served by a monopoly in the domestic public telegraph service. Certain "natural monopoly" conditions of the market were cited. The House Interstate Commerce Committee's general preference for a competitive market structure is overcome by the financial difficulties faced by the Postal Telegraph Co. and by the need to assure a sound telegraph industry to meet the contingencies of war. Western Union granted monopoly. Western Union telegram service hits second peak and enters declining period. There begins a growth of leased telegraph services--which in 1977 only constituted approximately 28 percent of Western Union revenues. |