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and Telegraph Company. This, too, was a master-stroke. It was the introduction of the staff-and-line method of organization into business. It was doing for the forty or fifty Bell Companies what Von Moltke did for the German army prior to the Franco-Prussian War. It was the creation of a central company that should link all local companies together, and itself own and operate the means by which these companies are united. This central company was to grapple with all national problems, to own all telephones and long-distance lines, to protect all patents, and to be the headquarters of invention, information, capital, and legal protection for the entire federation of Bell Companies. Seldom has a company been started with so small a capital and so vast a purpose. It had no more than $100,000 of capital stock, in 1885; but its declared object was nothing less than to establish a system of wire communication for the human race. Here are, in its own words, the marching orders of this Company: "To connect one or more points in each and every city, town, or place an the State of New York, with one or more points in each and every other city, town, or place in said State, and in each and every other of the United States, and in Canada, and Mexico; and each and every of said cities, towns, and places is to be connected with each and every other city, town, or place in said States and countries, and also by cable and other appropriate means with the rest of the known world." So ran Vail's dream, and for nine years he worked mightily to make it come true. He remained until the various parts of the business had grown together, and until his plan for a "grand telephonic system" was under way and fairly well understood. Then he went out, into a series of picturesque enterprises, until he had built up a four-square fortune;