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Dominion, Volume 3, Issue 716, 15 January 1910, Page 5

■It comes as a new economic I proposition to learn- that'■:tike, -has an unimproved and an improved value, and that the correct time is. a : marketable commodity which is sold by .the;' Commonwealth Government' for hard- cash (says the Melbourne "Age"). In their lost iro-port.-tho official visitors to:the'Observatory, which is a' Stato institution, paint out that -the Observatory supplies .the correct time to the Postal Department, which distributes it to. all the post offices of: the State, and, in. addition, makes some revenue by supplying- the time to private individuals.. They expressed the opinion that the Observatory was entitled to receive some return from lie service, and recommended thnt a Departmental inquiry bo made into ■ the existing arrangement between the Commonwealth arid file Observatory in regard to.tho time service. : Apparently the 1 improved or marketable value of tune is the cost of finding it out' by the scientific work at the Observatory. This is a new aspect of tho saying that "time is money. It also prompts the fanciful speculation that if tho Observatory could really 6ell time in the sense of extending .the allotted span of human life, the Government would havo at its disposal. a 'source of rovenue that would fill - the Treasury to overflow-'. ■ing. ■ _ v- '• - ■ -'•■■'.