THE HAWAII AM CABLE.

Auckland Star, Volume XXI, Issue 194, 18 August 1890, Page 3

THE HAWAII AM CABLE.

PROPOSED TELEGRAPH LINE TO AUSTPvALIA. Joim T. Watekhotjse, the Honolulu capitalist, returned to San Francisco recently from an extended Eastern visit. Mr Waterhouse was one of the prime movers in the financial proposition of establishing an ocean cable between San Francisco and Honolulu, and his Eastern trip was On business connected with the proposed cable. Notwithstanding his failure to interest the leading Eastern capitalists in the Hawaiian cable proposition, Mr Waterhouse said that while he had accomplished practically nothing, there was still a large degree of progress in the movement from a new and outside source. "English Capital in American syndicates," said Mr Waterhouse, "has been slowly absorbing many leading American industries, arid the syndicates are now looking for connections outside of the United States, and more especially at Honolulu and in the Australian colonies. The colonies are developing very rapidly, and telegraphic communication with San Francisco will soon be an absolute necessity. I dare not tell just what is being done in this matter, bub rapid progress is being made." Mr Waterhouse intimated that an English syndicate was arranging to build a great ocean cable line from San Francisco to Honolulu and thence to Melbourne and other points in Australia.