New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-08-31
IN ENGLISH TELEGRAPH PRESIDENT
ARRIVAL OF JOHN FENDER. ". p, IN THIS CITY
WHAT HE SAYS ABOUT TELEGRAPH MANAGE
MEST.


ARRIVAL OF JOHN FENDER. NJ P. IN THIS CITY
WHAT HE SAYS ABOUT TELEGRAPH MANAGE
MENT.
Among the passengers upon the Scytllla,
which arrived here yesterday morning, was John PEN
der W. p president Of several telegraph companies and
reted to control a larger interest in telegraph stocks
than any other single person in Europe Mr. Pender
stout man, of medium height, with irongray hair and
brown eyes Upon his arrival he found private cable
dispatch awaiting him. TO announce the victory OF the
British forces the Egyptians at kas-asin Lock.
"Inave aways been sanguiue," lie said to a TRIBUNE
reporter that the campaign in Egypt would be short
one. General Woseley is IA commander In whom every
one has confidence, and speedy termination Oh e war
may be expected England will then exercise the right
which her position gives her to maintain law ana Order
III Egypt but af,er those restored there need
be no fear Of permanent occupation of the country by
British forces. Englands position entities her IOr her
own benefit that of the world, to keep the cOnnGi
cation India open and unimpcded, ana when that Is
done England will be satisfied. The interruption 10y
Arab OF Geographic communications between Alex
andra and suez made it necessary to establish new
line In place of the aerial telegraph formerly used, we
therefore lad a submarine cable from Alexandra to
Port said, ard propOed to continue the line along ;he
border of the suez Canal OF tins plan the Canal Com
pay heartily approved, but De Lesseps objected to 1t
/ presume lie has Withdrawn his opposition by TINS
time DE Lesseps, though man whom We must all
respect is an enthusiast and his enthusiasm apt TO get
the better of his judgement. myself president of
the Eastern Company, whose lines were cut by Arab,
sent De Lesseps three very stih messages
have no doubt that communication
between Suez and Alexandra is reesiaolished."
Is there any prospect" inquired the REPORTER "ofa
consolidation OF any the submarine telegraph com
panesl"
81 am heartily opposed" the reply. 10 any such
consolidation Of the different companies might pro
duce monopoly. It'll of the utmost Importance that the
tariffs should be properly regulated If they are fixed
AT too low rate the stockholders cannot make profit
an the companies win be discredted; fit is made too
high the cab .es VIII not be available for commercial
uses and the patronage will fail The present rate OF
the tariff is advantageous to the public, but does not
pay a sufficient dividend to the shareholders, and the
stock OF almost every company is selling AT discount
Of 80 per cent. Yet there seems 10 be mania for laying
new cables and OF them are stll probable When
first took ~ the plan OF laying submarine telegraph,
in connection with Cyrus W Field we found great di-
Guilty procuring capital to be invested But now the
wind is in the other quarter. Monopohes should
be avoided at all eyonts. TAe people dislike
mOnOpOles, ana unless ieegaphs are jndc0usly man
agea 90 as pay profit, ana az e same tne bancht
puoc, they VIII fall MIC che hands OF nc Govern
1t las been reported in this city that Mr.. Pender
about 10 become director OF me estefn Union lec
graph Company, together WIN HcHr5 NtaNcIi one o.
tne mana g directors OF the Anglo American Telegraph
COMPANY. II he s1odd accept ne 0aer OF such seat,
his influence IN England "ouu probably De sunyieHl TO
cause the Western Union stock 10 be listed at the
London - Ock EACAauSc. Nhcn asked ABOUT Ihls MT.
Fender said:
nave nothing to say that subject, as have re-
ceved offer, and have therefore Oica! knowledge
OF any intention ON the part OF the West,
ern Union 10 make one. am in favor or
making tcegIaphs international whenever that
Is possible and II would uuaOuDedly De
an advantage to the company 10 have market Tor It's
stock Great Britain wei AS in America But may
say canddly that know nothing about H."
visit good an opportunity 10 let pass
by -
ton ana my object coming to TINS country Is not con
ed VII i
aiming American system Of teiegr 9hy, but sball
not have very for mat expect TO leave the
country fol England by tire middle OF October and
start almost upon WISH with Abram >. Hewitt
and oi hers 10 the Valley Of the Yellowstone Amorca
interests vert mncn. particularly as 1t Is thu ave
since was la5t mere.
Mr. Peuder stays the BrevOOri House until the party
starts West. special has been placed al is
disposal by the railroad company over whose mes ne
expects to pass His visit j. irded OF considerable
moment telegraph interest," as he Is lre OF
three separate c0Lpdiios-tne clone AcI, SIhph am
Trust & myany the Direct United States Gable Com
uanv and tie Brazilian Gable Company. The Globe Com
pany, with its numerous branches, Families through
Lastcr Europe ara ASIA WeIe IL mas the CVntTOl ol the
tclC graph :, stems.