BEAM AND CABLES

Southland Times, Issue 20525, 29 June 1928, Page 7

BEAM AND CABLES

THE PROPOSED MERGER. INTEREST IN CANADA. Ottawa, June 27. Canada is vitally interested in and affected by the proposed merger of the beam | wireless system and Eastern Cable ComI pany and various other communications ' within the Empire. According to the Postmaster-General, the Hon. Peter J. Veniot, the service supervised and controlled by the Pacific Cable Board is certainly affected. Canada’s approval of the merger is dependent on the insertion in the merger agreement of certain conditions governing rates for service by wireless and cable lines. Complete Governmental control of all cable and radio services in case of war is also important. The merger is expected to eliminate costly competition, and reduce the cost to treasuries for maintenance. especially the Pacific.—Australian Press Association. REPORT OF CONFERENCE, London, June 27. In the House of Commons Mr Baldwin said he hoped shortly to receive the report of the Imperial Cable and Wireless Con r ference. —Australian Press Association— United Service. AGREEMENT REACHED. (Rec. 9.10 p.m.) London, June 28. The Financial Times states that a merger agreement has been reached between the Government and rhe Marconi and Cable Companies.—United Service. CONDITIONAL MERGER SUGGESTED. (Rec. 7.5.p.m.) London, June 28 It is persistently reported that the cable conference will recommend the British, Dominion and Indian Governments to grant the Marconi and Eastern Companies a satisfactory agreement under which a merger will be conditional on Government control in the case of a national emergency —Australian Press Association.