THE CABLE DISPUTE.
A SETTLEMENT EFFECTED. (Per United Press Association.) Christchurch, November 13. Sir J. Vogel has just (3 p.m ) received a cablegram from London that Mr Pender, manager of the Eastern Extension Cable Company, has agreed to the terms Sir Julius had expressed himself willing to accept— namely, a return for six months to the statu quo ante, with the addition of a reduction for press messages to 3d per word, with a guarantee that the press revenue shall not suffer thereby. Wellington, November 11. The following cablegrams passed between Sir Julius Vogel and the Agent-geuoral on the cable question:—
" November 5. Sir Julius Vogel to Agent-general. "Extension Company are behaving badly. Their officers in our buildings are organising press agitation. Ask Silverton how soon after the order is given could cable be ready for use; also would they agree to construct, leaving Parliament option of purchase or lease for term years with undertaking to purchase." Agent-general to Sir Julius Vogel. November 8. "Re cable. Have seen Silverton. Time of making will be about 40 days, voyage and laying 80 days or 80 days, price reduced to £155,000 or £160,000. Will reply to other question on Wednesday." Agent-general to Sir Vogel. November 10. "Re cable. Answer to other question postponed till Friday; meanwhile can arrange with Eastern Company to restore status gui ante, 60 that Parliament may consider the question next session. Instruct me. Sir Julius Vogel to Agent-general. " November 11.
" Company behaved very badly, but will agree to status quo ante for six months provided press rates are lowered to 3d, with guarautee that press revenue will not suffer by reduction." Agent-general to Sir Julius Vogel. " November 12. - "Re Cable. — Pender accepts your terms. Silverton's reply to second question received. Shall I telegraph particulars." Sir Julius Vogel to Agent-general, November 13. " Silverton by letter." (Special to Press Association.) (Received November 14, at 11 a.m.) Sir F. D. Bell's proposal to the Eastern Extension Company re the cable dispute requires Sir Julius Vogel's approval. The Cable Company offer to defer the whole subject till the New Zealand Parliament meets without the present subsidy. They ate also willing to agree to a reduction in press messages.
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Bibliographic details
Otago Daily Times, Issue 7720, 15 November 1886, Page 2
Word Count
366THE CABLE DISPUTE. Otago Daily Times, Issue 7720, 15 November 1886, Page 2
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