Article image
Article image
Article image
Article image

CABLE COMPETITION.

PACIFIC BOARD WANTS GALVANISING. By Telegraph—Preps Association—Copy right SS'dney “ Sun ” Cable. (Received October 29, 12.5 p.m.) LONDON. October 28. An interesting situation has arisen oter the personnel of the Pacific Cable Board, particularly in relation to the chairmanship, which at present is in the gift of the British Treasurer under a somewhat archaic Statute, which also permits him to dispose of any surplus.It is understood that the Act will come up for eriew during the ensuing session, when its is hoped to modernise the provisions and remove the solo control from a partner who is not the largest shareholder. Meantime the position has been regarded as requiring a small portion of the occupant’s time t and has carried small emoluments. There is now a ' proposal to continue this policy by appointing an aged British official, long connected with the board, but it is understood that the Dominions dis agree with this. Therefore the pres, c-nce of the Premiers is opportune. It is believed that Mr Bruce and Mi Massey are both interested. There if the question to consider whether, ir view of the coming keen competition of wireless, for which private cables arc preparing elaborate and strong organisation, the Pacific Cable Boarc should not have a qualified executive end chairman, facing the extra cost ol the salary for the sake of efficiency, without which it is mostly likely tc fall behind its competitors in the "race for business. The whole,-matter is likely to he the subject of negotiations with th« 3 m per in Gove rumen t. It is believed that there is a much bettor chance of securing a settlement on. finally .satisfactory lines while the Premier^ are here than otherwise.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19231029.2.68

Bibliographic details

Star (Christchurch), Issue 17183, 29 October 1923, Page 7

Word Count
284

CABLE COMPETITION. Star (Christchurch), Issue 17183, 29 October 1923, Page 7

CABLE COMPETITION. Star (Christchurch), Issue 17183, 29 October 1923, Page 7