PACIFIC CABLE BOARD.
CHARGE OF PROFITEERING. PRESS UNION'S PROTEST. Australian and N.Z. Cable Association. (Reed. 15115 a.m.) SYDNEY. April 7. The annual report of the Australian section of the Empire Press Union, in referring to cable matters, says that the Pacific Cable Board continues to make huge profits and charge unnecessarily high rates. It draws attention to the excessively high terminal charges, and adds It. is stated that four land lines in this service cost £55,000, and the public are charged £216,000, a ratio of profiteering which it would be hard to find in any private enterprise.
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Bibliographic details
New Zealand Herald, Volume LXI, Issue 18679, 8 April 1924, Page 7
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97PACIFIC CABLE BOARD. New Zealand Herald, Volume LXI, Issue 18679, 8 April 1924, Page 7
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