THExNEW EASTERN CABUS.
Communications (says the Argus) ' have passed between Mr Jterry, and Mi- burns, the PostmasterhUeneral of New South Wales, concerning the * signing of the cable contract. Air Berry has signiHed his willingness to assent to the amendments viai 0 ; n . . the contract which are not of V i ta i * importance, and the contract should -* therefore be ratified without fuXr - delay. The contract doe« not sSfy the exact time iv which the reduc tions on press telegrams should come '" grven by Colonel Glover to ueeeverrf--' effort to induce the company to^ agree that the- said .reductiou^hould take effect on ihe signing of the contract. Mr Uerry has desired Mr Burns to remind Colonel Glover of this undertaking. A telegram has been received by Colonel Glover from Sir James Anderson, one of the directors of the company, and a well known authority on cable mat-
i 'MMMfi«Mtt>'MHirw*HlllHil'tMll HI <i i— '"""""i" tws>, showing that tho new cable is of vory expensive and exceptional coustructioa. Sir Jaiuon Ai darsun : *.teji?grnphs as follows: 'I. tpy state tho pfmro cable we aie iio\v -§ pending rut iii the :-horjirb (M-.b nio is. patented jis follows— Curo i.s {!•«' covered with, tapo, than l.ir.ss ribbon heU together by another t« r 'pP with some. kind of-marino .glu^-iucentl) invented, and' the extern 1 wires are sinoaiod with the same s tiff, aiul covered with two layers of tapo,pro*lec'ted iii the s me' manner, 'ihe eompounlis patented, and I think we simply have a very durable but not cheap cable. Now niachineiy has had to be made for this cabjb of much- stionger description. Our great desire is to have such a cable as will prevent heavy repairing expenses." 4 Colonel Glover states that tha subsidy of £32,400 per annum will merely cover the interest that the company will pay on the loan; it will have to contract, for 'the cable ; that the compauy's revenue will be in no way increased, as the present cable is more than sufficient to carry all the traffic. Colonel Glover further states that the company actually duplicate Jihe cable as far as Penatig at a further probable cost of » £100,000, for which no equivalent is received, and that duplication has already been ,-. provided between * Penahg* and India*, principally in the interests of the colonies, so that the latte^ actually obtain a duplicate cable between India and Port Dar--w^ft fitt the payment of a subsidy ;bn ? abuutTiatf the distance only,
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Manawatu Herald, 14 January 1879, Page 2
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408THExNEW EASTERN CABUS. Manawatu Herald, 14 January 1879, Page 2
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