In the traffic; and similar statistics pointing to increase of business consequent on reduction of rates were produced in regard to France, Switzerland and Prussia.
In 1890 matters were on the eve of a great change and wages fell, in most cases to a point 20% below the rates of 1885.
Interest was charged at very high rates for overdue loans of this.
This was the planting of a colony of communistic per week for which such wages are payable, with the rates for overtime when those hours are exceeded.
Some of the complaints against the companies, however, were exaggerated, and the estimates formed of the possible commercial development of telegraphy were optimistic. The basis for these estimates was the experience of other countries, which, however, did not justify the expectation that a large increase of business consequent on reduction of rates could be obtained without serious diminution of profit.