I’d like to see a picture of one of those hearing aids. That’s the most plausible explanation so far.
With the phone came all the makings for most of a hearing aid. There was a pickup microphone and a speaker. It was all 12 or 24 volt DC gear so you could put a decent paste or dry cell in the box with it for power.
All you needed was a simple amplification circuit, and you could do that "electronically" (by the time tubes came around) or "electrically" with a simple linear induction circuit ~ couple of wire coils of different sizes, one size hooked up to the speaker, another size hooked up to the microphone, and one or the other hooked up to a permanent magnet, or maybe even an electromagnet.
Just about anything would work.
I suppose you could have done this with different size cans, a good stiff cord, and a fair sized room where no one was walking around running into the cord.
This hearing aid was no more complicated than the Q-Multiplier sold to boost receptivity in a shortwave radio (way back when).