CHEAP CABLES.
REDUCTION INITIATED BY NEW ZEALAND. Received July 2, 10.20 p.m. London, Jul;- t. The Pacific Cable Company's oiler arose from Sir Joseph Ward's proposal lo reduce the terminal charges for press messages to a halfpenny a word, conditional on the Pacific Company reducing its share to 2d. The Pacific Company's counter oiler was 2>/4d, subject to New Zealand reducing the terminal rate to a halfpenny, making a l)d rate. The new rate will operate after twenty-one days' notice r nas been given to the Beme Postal Conference. It is expected the new rate will be initiated on August Ist.
THE COMMONWEALTH APPROACHED. Received 3, 0.5 a.m. Melbourne, July 2. The Postmastcr-OencrnL of the Commonwealth has oflicially been informed of the Pacific Company's intention to reduce the charges for press messages to and. from Britain, and asked to cooperate by reducing the terminal rate, which will probably be reduced to a
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Taranaki Daily News, Volume LII, Issue 133, 3 July 1909, Page 2
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152CHEAP CABLES. Taranaki Daily News, Volume LII, Issue 133, 3 July 1909, Page 2
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