THE CABLE RATES.

Hawke's Bay Herald, Volume XXII, Issue 7612, 8 December 1886, Page 2

THE CABLE RATES.

AYELLiNGTON,Tuesday. The following correspondence lias passed between the. Postmaster-General and tho Eastern Extension Telegraph Company : — " "Duncdiu, November 29. ' "Dr Lennou has settled with thosuperintendent the amonnt of guarantee', on behalf of the Press Association. .1 see no prospect of my getting a guarantee from Renter or the Australian- Press. ' The matter now stands that yon charge for six months .from this date, 29th November, the same rates as before the Ist of November, excepting as to the Press Association, which you charge 3d a word on a guarantee that it will spend on cable messages, irrespective of land lines, not less than £389 Is sd, ahid there is to lie no subsidy. It is understood that you , arrange for a guarantee if you require one, from lteuter and the Australian ■ Press. -^Julius Yogel." . , "Sir,— l have received your telegramof the 29th November, which correctly ■ states the arrangement come to. Let ino> add my satisfaction at the termination of the difference, and the. hope that the wil- . lingness of tho company not to let the • telegraphing public suffer from the former. . differences between the, company and the . Government will weigh with the authorities in New Zealand when the whole question is reconsidered before the end of; the six months.— Chairman Eastern Ex-, tension Company." - -.