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TWO SYSTEMS NEEDED.

WIRELESS AND CABLES. FINANCIAL JOURNAL'S VIEWS. (Per Press Association —Copyright.) LONDON, January 17. The "Financial News" says: "Instead of implying that one system will be taken up. and the other turned' down, the inference is rather for the inclusion of both. There is now, with the development of the beam, two strings to the bow. It is to be supposed that one will be cut, or must supersede the other? There exists immense potential traffic only waiting to be nursed into actuality by facilities and rates. Even on a cautious estimate the traffic growth will be enough to employ fullv both means of transmission. Clearly, the best way to encourage traffic to the extent of enlarged capacities, is by a reduction of rates, proportionately as the . traffic extends. This" involves understanding and agreement. Monopoly in this connection, is a fool's paradise. Within ten years, the traffic will have ..grown many times over. The l habit of overseas communication by telegraphy, is in its infancy. The danger lies, not in private monopoly, but in the attempt to institute a Government monopoly. The danger of watered capital, rigid routine, and miblic control, should be kept within the bounds of public needs."

CANADA'S ATTITUDE. FULL INVESTIGATION URGED. (Received This Day, 10.15 a.m.) OTTAWA, January 17. Mr D. J. Garboury (Deputy-Post-master-General) and Mr C. P.. Edwards (Director of Radio) at the cable conference in London will stress that Canada's attitude has not altered since 1926. Beam wireless has cut the revenue of the (Pacific cable, wiping; out •the accumulated profit of £11,000,000. The Board is facing recurring deficits. Canada will oppose further expenditure till the possibilities of wireless are fully investigated. DECISIONS IN PRIVATE. (Received This Day, 1.10 p.m.) LONDON, January 17. It is understood'that it is orobable the cable conference will not disclose its proceedings until something approximating definiteness is reached. It is authoritatively explained that the reason for this exceptional reticence is the fear of playing into the bands of Stock Exchange manipulations of cable wireless shares.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19280118.2.34

Bibliographic details

Ashburton Guardian, Volume 48, Issue 83, 18 January 1928, Page 5

Word Count
338

TWO SYSTEMS NEEDED. Ashburton Guardian, Volume 48, Issue 83, 18 January 1928, Page 5

TWO SYSTEMS NEEDED. Ashburton Guardian, Volume 48, Issue 83, 18 January 1928, Page 5

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