text_original: It was in the first instance only a private institution, or, more properly, a private speculation, and after a while it was annexed by the government and incorported with the ordinary postal system.
text_transcription: IT WAS IN THE FIRST INSTANCE ONLY A PRIVATE INSTITUTION OR MORE PROPERLY A PRIVATE SPECULATION AND AFTER A WHILE IT WAS ANNEXED BY THE GOVERNMENT AND INCORPORATED WITH THE ORDINARY POSTAL SYSTEM
phonemes: ɪt wʌz ɪnðə fˈɜːst ˈɪnstəns ˈoʊnli ɐ pɹˈaɪvət ˌɪnstɪtˈuːʃən, ɔːɹ, mˈɔːɹ pɹˈɑːpɚli, ɐ pɹˈaɪvət spˌɛkjʊlˈeɪʃən, ænd ˈæftɚɹ ɐ wˈaɪl ɪt wʌz ˈænɛkst baɪ ðə ɡˈʌvɚnmənt ænd ɪŋkˈɔːɹpɔːɹɾᵻd wɪððɪ ˈɔːɹdɪnˌɛɹi pˈoʊstəl sˈɪstəm.