THE VALUE OF TELEGRAPHIC COMMUNICATION.
"The value of telegraphic communication," remarks the 'Lyttelton Times,' " between the Australasian colonies and all other parts of the world, is illustrated, if not clearly proved, by a statement said to h&re been made in Melbourne recently. According to the ' Argus,' '&v influential member of the South Australian Parliament ' said that the total cost of the overland telegraph) line between Adelaide and Fort Darwin had been about £300,000, and that South Australia has bean already recouped to the extent of one-half thai large outlay at tho very least. This has been done, we are told not by charges for the transmission of messages over the line, but by the increased value given to her surplus produce through the rapidity with which she has been enabled to inform herself as to the exact state of the London market.." The Melbourne ' Argus ' questions this statement of the South Australian. M.P., but the • Lyttelton Times ' observes : — w We see no reason whatever to doubt the correctness of the view taken by this inflneatial member of the South Australian Parliament, more especially' whoa it is backed up by indisputable figures. The enhanced price to tho producer has enabled him to spend more money in labour, and so the price of that commodity has been increased by an increase in the demand. In this way, by action and re-action, the advantages of fole> graphic communication are spread throughout an entire community. When the whole question of telegraphic communication is closely examined, the conclusion seems inevitable that the masses, compare tively speaking, will derive most advantage from its extension. The absolute necessaries of life can never rise to famine prices in London, Paris, and the other great cities of the world, when news is published daily, almost hourly, about production in every quarter of the globa, except in the hardly conceivable case of a universal blight aad destruction.
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New Zealand Tablet, Volume I, Issue 11, 12 July 1873, Page 1 (Supplement)
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317THE VALUE OF TELEGRAPHIC COMMUNICATION. New Zealand Tablet, Volume I, Issue 11, 12 July 1873, Page 1 (Supplement)
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