THE RIVAL CABLES.
MR WARD AND THE JOINT 'PURSE. [Per Press Association.] AUCKLAND, Feb. 19. As regards the joint purse proposed in connection with the Pacific Cable and Capo Cable Sir Ward says that personally he is of opinion that the proposal is unsound. It is most unbusinesslike for the contracting countries to talk of a joint purse, and of fixing the proportions which the Pacific cable and the Eastern Extension 1 Company should respectively receive, before they are in a position to know what business the Pacino line will acquire. He adds that there is no need for precipitate action.
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Bibliographic details
Lyttelton Times, Volume CV, Issue 12430, 20 February 1901, Page 5
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101THE RIVAL CABLES. Lyttelton Times, Volume CV, Issue 12430, 20 February 1901, Page 5
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