VALUE OF THE CABLE.

Taranaki Daily News, 26 July 1922, Page 5

VALUE OF THE CABLE.

PART IN EMPIRE BUILDING. AMAZING SPEED RECORD. By Telegraph.—Press As&u.—Copyright. Received July 25, 9.5 p.m. London, July 24. The Eastern and Associated Telegraph Companies celebrated their jubilee by entertaining 450 guests at a banquet at the Botanical Gardens and 2000 at an al fresco fete, including Sir James Allen, the AgentsGeneral, ex-Governors of the’ Dominions, prominent financiers and business men. The Duke of York, proposing the toast of submarine telegraphy and its relation to the Associated Telegraph Companies, said that of the greatest importance to. the Eastern Telegraph Company was the prodigious faith, courage and business ability of the late Sir John Wender, whose genius stands out as an unique feature from the earliest days of submarine telegraphy. The Duke of York referred to the astounding fact that the companies had laid 28,000 Miiles of cable since the armistice. He was greatly impressed by the speed of transmission, Sydney receiving the result of the Derby, for instance, in 24 minutes. He paid a tribute to the companies’ services during the war, which greatly contributed to the success of the operations, and also to the fact that they sent millions of words free on behalf of wounded soldiers.

Sir John Denison Pender, managing director of the Eastern Associated Cable Companies, replying, said trade followed the establishment of cable services, and the fcwo outstanding features which contributed to the development of the Colonies were the sister enterprises—shipping and cables. —Aus.-N.Z. Cable Assn.