EASTERN EXTENSION COMPANY.
London, April 20.
At a meeting of the Eastern Extension Company Sir J. Pender said the principle on which the cable to New Caledonia was proposed was not likely to be successful. To carry such a cable across the Pacific would require a subsidy of £100,000. The reduction in rates to New Zealand had increased the traffic by eighty-eight per cent. The depression in Australia had had no effect on the company's receipts.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS18930421.2.49
Bibliographic details
Auckland Star, Volume XXIV, Issue 93, 21 April 1893, Page 3
Word Count
76EASTERN EXTENSION COMPANY. Auckland Star, Volume XXIV, Issue 93, 21 April 1893, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.