CABLES MERGER BILL
(United Press Association—By Electric Telegraph—Copyright).
(Received this day at 9.20. a.m.) LONDON, Nov. 16.
A short Machinery Bill circulated in the House of Commons, sanctioning as from Ist. April last, the sale of tlio Pacific AVest Indies Imperial Cables to the Communications Company, in terms of the Imperial Wireless Conference’s recommendation. As far as Britain is concerned the capita] purchase sum shall be paid by the Treasury. The Company also pays annuities in repayment of the Pacific Cable Loan. When the undertakings are taken over the Pacific Board shall be dissolved on the day fixed by an Ordcr-in-Council.
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Hokitika Guardian, 17 November 1928, Page 5
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101CABLES MERGER BILL Hokitika Guardian, 17 November 1928, Page 5
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