SYDNEY CABLE.

New Zealand Times, Volume XXX, Issue 4454, 29 June 1875, Page 2

SYDNEY CABLE.

The following is the latest despatch from Sir Julius Vogel relative to the Sydney cable. The Australian news, it will be remembered, announced that the New South Wales Government had agreed to the proposed joint subsidy : 7, Westminster Chambers, "Victoria-st., Westminster, S.W., May 4, 1875. Sir, —I enclose copy of a telegram I sent to you recently with respect to the proposed telegraph cable arrangements. 2. I forwarded that telegram because, as I was in negotiation with Sir D. Cooper, representing New South Wales, and Mr. Francis, ex-Premier of Victoria, I did not wish that information on the subject should first reach you indirectly, through the correspondence of either of those gentlemen. Otherwise the arrangement was sufficiently incomplete to make it undesirable that any information as to it should be telegraphed at as early a date. 3. I have agreed merely to the heads of the arrangement. They provide that for a sum of £7500 annually for ten years, the Eastern Extension Company will lay a cable to New Zealand, charging a tariff of seven shillings and sixpence for ten words, and ninepence a word additional. It is proposed there shall be a covenant to reduce the charge for English messages, upon a stated amount of subsidy being paid to the company ; but, of course, I shall not undertake that that subsidy will be forthcoming. 4. I am in treaty with Sir D. Cooper for New South Wales either to pay one-third of the annual £7500, or to so arrange as to relieve' New Zealand from any contribution towards the subsidy for reducing the rate for English messages. 5. I have taken a very great deal of trouble in this matter; and I feel assured that the arrangement, when completed, will be deemed I satisfactory.—l have, &c, (Signed) JULIUS Vogel. The Hon. Dr. Pollen, &c. Corr op Telegram from Hon. J". "Vogel to .Colonial Secretary,' 20th April, 1875. "London.—Subject to settling details have almost concluded with Eastern Extension Company lay cable New Zealand probably before Christmas. Subsidy seven thousand five hundred annually for ten years. Tariff seven six for ten words, ninepence word additional. New South Wales probably join us, paying one-third. Company covenants if colonies give subsidy twenty thousand for ten years make tariff Darwin London three pounds for ten words, six shillings word additional. Let me know if outline approved.—(Signed) Vogel."