The management of the Bell System recognizes its responsibility to treat
fairly _telephone users_, _employees_ and _share owners_. It believes
that the interests of these three great groups of people are linked
closely together.
Management’s aim and responsibility is to see that telephone users get
the most and best possible service. The cost of service must be as low
as may be consistent with good wages and working conditions for
employees and with a reasonable return for share owners on their
investment in the business.
The Bell System believes that the _most and best possible service_ means
telephone service for the nation that, so far as possible, is free from
imperfections, errors or delays—service that enables anyone, anywhere,
to pick up a telephone and talk to anyone else, clearly, quickly, at
reasonable cost.
[Illustration: _Coaxial cable can simultaneously transmit hundreds
of telephone conversations and several TV programs._]