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The Cable Question.

The following is a brief summary of the cable question :—Sir John Ponder, on behalf of his company, proposes that the nil os should bo reduced on public messages from O.s 4d to ss, on Government messages to 4s 5(1, and on Press messages to Js lOd, upon the following conditions : The arrangement lo be for one year ; the company to bear half the lo&s if traflic is increased 25 per cent, the colonies to guarantee the whole amount, £'10,000, an increase of £25,000 ; and if there is 75 per cent- increase, £10,000. New Zealand's proportion would be : £6924, £4327, and £J7<'3l respectively, but in the event of the proposal being agreed to, New Zealand would probably be asked by the others colonies lo hour- a proportion of the subsidy of £,'{2,000 a j'ear now paid to the company in respect of the Darwin-lSanjoowaiigi duplicate cable, which subsidy has -still 11 years to run. and is now paid by Victoria, New Houlh Wales, youth Australia, and Western Australia. At the present Lime. New Zealand receives no reduction upon Government messages, as we do not contribute to the duplicate cable subsidy. During 1-isfc year cablegrams containing 48,017 ■words were sent from New Zealand to London, and for places through London, at the !>s 4d rate of the value of £22,(187. At the 5s rale the value would have been 'JI2J.V,. The Company stipulates that if at the. end of the year the Ira flic does not respond lo the reduction, and the colonies not caring to extend the -subsidy, the Company are Lo revert ro an 8s tariff, providing such gives them the same , eveiiue as at present

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18900605.2.7

Bibliographic details

The Cable Question., Ashburton Guardian, Volume XIV, Issue 2433, 5 June 1890

Word Count
280

The Cable Question. Ashburton Guardian, Volume XIV, Issue 2433, 5 June 1890

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