THE CABLE QUESTION.

New Zealand Herald, Volume XXIII, Issue 7796, 16 November 1886, Page 5

THE CABLE QUESTION.

Christchurch, Monday. Sir Julius Vogel has received the following from the chairman of the Eastern Ex* tension Company:— .November 12, In view of the deadlock which has arisen between the company and the Government, and the serious public inconvenience resulting, the Agent-General suggested to the company to revert to the position occupied by the company and the Government previous to November, so that the New Zealand Parliament should have the oppor« tunity fully of reverting to the whole question next cession. This company has agreed to accept the suggestion, believing it will be viewed as evidence of their desire to meet the convenience of the telegraphic public as far as possible, and believing also that the New Zealand Parliament will appreciate their motives for terminating the dispute. The Agent-General now informs me that your Government will approve of the suggestion that the company should restore the statu quo ante for the next six months, upon the company agreeing to lower the Press rate to threepence per word, on a guarantee that the Press revenue will not suJer by reduotion. In farther evidence of our desire to meet the public requirements, I accept the proposal on the understanding that you ensure Press guarantee. Immediately on receiving your acceptance of arrangements, orders will be sent to > our agents, and the Government and Press I will be aotided accordingly.'