CABLE RATES.
QUESTION OF REDUCTION,
BY CABLE—PRESS ASSOCIATION—COPYRIGHT. (Received Nov. 29, 10.30 a.m.) MELBOURNE, Nov. 29. Mr Gibson, the Postmaster-General, referring to the Empire Press Union interview with the Pacific Cable Board (in, which cheaper eabl; press rates weie si3ked), said the position with regard to cable rates is that whilst by agreement one of the cable companies • is required to reduce its rates for certain classes of traffic upon its revenue from the Australasian traffic attaining a stipulated sum, that provision does not affect the existing rate for press messages, which is already lower than that provided by such agreement. In regard to the Pacific Cable Board the Commonwealth had one-third interest in that undertaking, and while it could exercise an influence which the partnership conferred to secure any reduction in the rates advocated by Australia, it still could not control tlie position. When in London he indicated that the Commonwealth was prepared to reduce by 20 per cent. Australian terminal charges in respect to all classes of traffic for which the cable companies agreed to make a proportionate reduction..
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Bibliographic details
Hawera Star, Volume XLVIII, 29 November 1924, Page 5
Word Count
181CABLE RATES. Hawera Star, Volume XLVIII, 29 November 1924, Page 5
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