> may work:
My very dim memory is that if you put too much current through a carbon mike, the carbon grains are welded together and stop working.
The cold resistance of the lamp is much lower than the hot resistance.
I assumed that if the hot resistance were selected for the proper working current (and sensitivity) in the mikes, the cold-surge would damage the capsules.
Therefore I suggested a fixed resistor and lamps too small to give the mikes trouble.
Also my plan needs 3 wire, I believe your plan needs 4. True, most US telephone cable is 4-wire, and most new studios have plenty of 8-wire ethernet cable. However I think my plan would work in 2-conductor plus shield cable, which studios are full of.
The ex-Military set uses just two wires, using high-voltage low-frequency signaling (ringer)
The signaling could be disabled if there is another signal method, like the loudspeaker intercom that was mentioned. Mine would work that way if the lamps are omitted.