THE RIVAL CABLES.
A SUGGESTION FROM VICTORIA. A COMMON PURSE. United Pre3s Association—By Electric Telegraph—Copyright. ' MELBOURNE, Feb. 16. ' The Postmaster-General is in communication with the Queensland and New Zealand Governments, with a view of forwarding a combined message to the Pacific Cable Board, suggesting that a, joint purse undertaking should be entered into between it and the Eastern Extension Cable Company. Mr Gurr states that if the total receipts from the Australasian traffic were pooled in this way the Pacific Cable Board would receive, one-fourth and the Eastern Extension Company three-fourths of the revenue, which, ha thinks, ■ should prove satisfactory *to both. ' . (Received Feb. 17, 8.45 p.m.) The "Age" says that by the refusal of the Government to accept the Eastern Extension Company's contract, the colony de penalised by over £50,000 per annaim, having to pay the old eible charges. Already one agency is doing a large business in sending cables to Sydney and Adelaide, whence they are directed to London, and another agency is being formed.
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Bibliographic details
Lyttelton Times, Volume CV, Issue 12428, 18 February 1901, Page 5
Word Count
167THE RIVAL CABLES. Lyttelton Times, Volume CV, Issue 12428, 18 February 1901, Page 5
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