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Labor Day 1949 – President Harry S. Truman announced the Rural Electrification Act would be amended to provide loans for the development of modern telephone service in rural areas. Herman Folkerts, a director of the Albert Telephone Company, either heard President Truman make that announcement, or he read the report of the President’s address which appeared in the Hutchinson Herald the following morning. Herman took this announcement seriously, and visited with neighboring telephone companies about the possibility of consolidating and improving telephone service with the help of the REA Telephone Loan Program.
