The Cable Companies.
MR WARD’S OPINION.
By Telegraph—Press Association. Auckland, last night.
As regards the joint-purse proposal in connection with the Pacific Cable, mentioned in a recent cable message, the Hon. J. G. Ward says that personally he is of opinion that the proposal is unsound. It is most unbusinesslike for contracting countries to talk about a joint purse, and fisipg the proportion the Pacific and Eastern Extension .Companies should respectively receive before they are in a position to know what business tho Pacific will acquire. There is no need for precipitate action, Mr Ward says.
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Bibliographic details
Gisborne Times, Volume V, Issue 43, 20 February 1901, Page 2
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96The Cable Companies. Gisborne Times, Volume V, Issue 43, 20 February 1901, Page 2
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