The Pacific Cable.

Temuka Leader, Issue 3470, 25 July 1899, Page 3

The Pacific Cable.

The Premier is to move in the House to-day “ (1) That the House do forthwith resolve itself into Committee to consider the report of the Public Accounts Committee of last session ou the question of establishing a Pacific telegraph cable service, and to authorise the Government to join in the coat of construction and maintenance; (2) that New Zealahd cooperate with the Governments of Great Britain, Canada, New South Wales, Victoria, and Queensland iu raising the required capital; (3) that this be carried out by a Board of Commissioners selected by the contributing Governments, of which New Zealand shall have one representative; (4) that the Provisional Board be empowered to invite tenders, arrange the scheme of management, and other preliminaries, withla view to preparing for legislation ; (5) that the rates should be agreed unanimously to at the outset, subsequent changes to be authorised by a fixed majority of the board ; (C) that the cable shall be jointly owned and maintained by the contributing Governments; (7) that New Zealand shall join such of the Australian colonies as are prepared to do likewise upon the basis of a -guarantee of fourninths of the cost of construction, and the annual deficiency (if any) by such colonies, New Zealand’s proportion of the guarantee not to exceed iu any case one-eighth of the whole ccst.”