10. The system of claim 1, wherein one of said plurality of translator means comprises: first detector means, for generating latch command signals indicative of the occurrence of relatively long duration supervisory signals having durations longer than a predetermined period; latch means, responsive to said latch command signals, for responsively storing indicia of at least a portion of said first code word corresponding to said long duration supervisory signals for application to said memory means as said second code word; and means, response to relatively short duration supervisory signals, for responsively generating a strobe control signal to said means for selectively transmitting, to effect transmission of the symbol code indicia from the instantaneously addressed location in said memory means.
10. The system of claim 1, wherein one of said plurality of translator means comprises: first detector means, for generating latch command signals indicative of the occurrence of relatively long duration supervisory signals having durations longer than a predetermined period; latch means, responsive to said latch command signals, for responsively storing indicia of at least a portion of said first code word corresponding to said long duration supervisory signals for application to said memory means as said second code word; and means, response to relatively short duration supervisory signals, for responsively generating a strobe control signal to said means for selectively transmitting, to effect transmission of the symbol code indicia from the instantaneously addressed location in said memory means. 31. The system of claim 10 wherein a second of said translator means comprises: counter means, responsive to signals indicative of the occurrence of supervisory signals in said signal from said telephone set, for selectively generating a count indicative of the number of sequential occurrences of supervisory signals in said signal from said telephone set, said count being selectively applied as said second code word to said memory means; and means, responsive to supervisory signals having durations greater than a predetermined value, for selectively generating said strobe control signal to said means for selectively transmitting to effect transmission of the symbol code indicia from the instantaneously addressed location in said memory means.