PENNY CABLES IMPOSSIBLE.
MR. MILWABD'S OPINION. A REDUCTION POSSIBLE. ! I _»_»_ (Received 1.42 p.m.) BRISBANE, this day. Mr. Milward, the new manager of the Pacific Cable Board, arrived by , the R.M.S. Aorangi to-day. Interviewed, he said the cable continues to progress. He I regarded the penny rale as impossible if intended to produce sufficient revenue to cover the interest and expenses. Otherwise it would require an enormous subsidy. The increased traffic would necessitate the duplication of the cables many times. He beiiewd there was a possibility of existing rates being considerably reduced, and would favour some reduction if on paying lines. He hoped to see the wireless extended to the islands of the Pacific.
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Auckland Star, Volume XXXIX, Issue 287, 1 December 1908, Page 5
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113PENNY CABLES IMPOSSIBLE. Auckland Star, Volume XXXIX, Issue 287, 1 December 1908, Page 5
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