Except this beast was 110baud. But time sharing systems in those days weren't much faster (IBM 1401 series, Honeywell 200 series, early IBM360). It was a TTY33 in a case with wheels and an acoustic coupler (connecting wires to AT&T's network in those days was strictly verboten). It weighed about 90 pounds (or at least felt like 90 #).
The first 300baud units were lugable but used thermal paper on a roll.
Naw, it's Bush's fault...
Ahhh, big government solves everything. Like IT in NHS.