The Postal Conference.

Marlborough Daily Times, Volume X, Issue 169, 24 January 1888, Page 2

The Postal Conference.

Per Electric Telegraph —Copgright United Press Association. Received Jan. 21, 1.30 a.m. Sydney, Jan 23. The Postal Conference met again to-day, when the representative of the Eastern Extension Cable Co. were in attendance and said their proposals respecting cable charges before the members. The Company in their statement declare they have lost £15,000 since the New Zealand Government withdrew the grant of a subsidy, and that they would bo willing to sell the cable to that colony for £120,000, guaranteeing the cable in good working condition, and would provide for maintaining it for a defined period. Alternatively they are willing to agree to reduce the rates if a stated yearly revenue is guaranteed, or if they were handed the land line charges collected by the Colonies. Mr Bo wan, who represents the Pacific Cable Company will lay his proposals before the Conference to-morrow, and then Sir William Fitzherbert will on behalf of the Now Zealand Government, lay down their proposals, [Resolutions were passed to-day favoring intercolonial postal notes, and the parcel post system was recommended, the price to bo five pence per pound with a minimum of ten-pence. It was suggested that each Colony should adopt tho system when feasible.