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CANADA SAYS “TAIHOA”

NO SPENDING TILL RADIO IS EXAMINED CABLES AND WIRELESS By Cable.—Press Association. — Copyright. Reed. 9.40 a.m. OTTAWA, Tues. Mr. L. J. Gaboury, Deputy-Post-master-General, and Mr. C. P. Edwards, Director of Radio, at the Cable Conference in London, will stress that Canada’s attitude has not altered since 1926. Beam wireless had cut the revenue of the Pacific Cable Board, wiping out £11,000,000 accumulated profit. The board was facing recurring deficits. Canada will oppose further expenditure till wireless possibilities are fully investigated.—A. and N.Z. SHARE TRAFFICKING CONFERENCE IN CAMERA Reed. 11.41 a.m. LONDON, Tues. It is understood that probably the Cable Conference will not disclose its proceedings until there is x something approximating definiteness. * It is authoritatively explained that the reason for this exceptional reticence is a fear of playing into the hands of Stock Exchange manipulators of cable and wireless shares. In commenting on the whole position, the “Financial News” says: “Instead of implying that one syEtem will be taken up and the other turned down, the inference is rather the inclusion of both. There are now, with the development of the beam, two strings to the bow. Is it to be supposed that one will cut or must supersede the other? "There exists an immense potentiality of traffic that is only waiting to be nursed into actuality by better facilities and lower rates. Even on a cautious estimate the growth of traffic will be enough to employ fully both means of transmission.

“Clearly, the best way to eneoilrage traffic to the extent of the enlarged capacities is by a reduction in rates proportionately as the traffic extends. This involves an understanding and agreement. A monopoly in this connection is a fool’s paradise. Within 10 years traffic will have grown many times over.

“The habit of overseas communication by telegraphy is in its infancy. The danger lies not in private monopoly but in an attempt to institute a Government monopoly. There is also the danger of watered capital and rigid rojitine. Public control should be kept within the bounds of public needs.”—A. and N.Z.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19280118.2.18

Bibliographic details

Sun (Auckland), Volume I, Issue 255, 18 January 1928, Page 1

Word Count
346

CANADA SAYS “TAIHOA” Sun (Auckland), Volume I, Issue 255, 18 January 1928, Page 1

CANADA SAYS “TAIHOA” Sun (Auckland), Volume I, Issue 255, 18 January 1928, Page 1

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