CABLE MATTERS
MELBOURNE, January 2. The Pacific Cable Board has informed the Federal Government that the new cable from Sydney to Auckland will cost £155,000. The total value of the New Zealand cable traffic is now £30,000 per annum. Of Jdiis amount the board, working one cable, has been handling £20,000. By reductions of staff and other economies the new cable is expected to save £6OOO a year. It is to be laid during the present year. The Postmaster-general (Mr Frazer states that, unless further concessions tfaareduced rates for deferred messages ar speedily forthcoming, the Federal Govern ment will press for the convening of a subsidiary conference to consider the question of nationalising one of the Atlantic, cables.
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https://paperspast.natlib.govt.nz/newspapers/OW19120110.2.97
Bibliographic details
Otago Witness, Issue 3017, 10 January 1912, Page 23
Word Count
118CABLE MATTERS Otago Witness, Issue 3017, 10 January 1912, Page 23
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