The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-03-15


all the money and take all the risk
| while giving to the government the OPP
| ton to take over the cable at any time
at its appraised valuation, If IL should
prove a success. and to let the com
pany bear the loss, if il should prove a
failure?
SUBSIDY FOR PRIVATE CABLE
The argument against the proposed
$500 900 annual subsidy by the United
| States government is that Mr.. MackaY
does not ask any subsidy, and he is
already manufacturing and Will lay
and operate his cable without such suo-
sidy. and hence House bill No. 272. pro-
viding for an annual 100000 subsidy
needs no further comment. In fact, thai
bill has been abandoned.
FALSE STATEMENTS AS TO COM
MERCIAL PACIFIC CABLE
COMPANY.
Possibly these bills in the Senate and
the House are due to certain false
statements, which have been circulat-
ed TO the effect that Mr.. Mackay' $
Commercial Pacific Gable Company is
a mere pretense. and does not intend to
lay a cable from San Francisco to
Manila. A conclusive answer to all this
is the letter to Senator Hale. signed by
Mr. George G.. Ward, the vice-presi-
dent and general manager of both the
Commercial Pacific Gable Company and
the Commercial Gable Company. to the
effect that the contract for the first
section of the cable, the section from
San Francisco to Honolulu. has actual
IN been let, and q partial payment of
- 60 90 a. m
such contract, and that the contract
requires the manufactures TO have
that section of the cable, 2i12 knots
(2S14 miles,. laid and in operation by
November /. 1902. and that the cable is
now being actually manufactured, and
that the Commercial Pacific Gable
Company intends to have the complete
cable in operation from San Francisco
TO Manila within two years thereafter
II the above mentioned bills in the
House and Senate are due to doubt as
to the Commercial Pacific Gable Com
pany actually laying and operating the
proposed cable. those doubts should be
set at rest by the unqualified statement
of Mr.. Ward.
The Commercial Pacific Cable Com
pany has been organized by the Off
GERS and stockholders OF the CONNER
cial Gable Company, which owns four
submarine cables between the United
States and Europe. and owns also the
extensive land line telegraph system,
known as the Postal Telegraph, with
1905 offices.
COMMERCIAL CABLE COMPANY
GREAT REDUCTION OF RATES.
All through their history, the Com
tai Telegraph Company have been the
foes OF monopoly and the pioneers OF
reduced rates. 1t was due to the for
mer company that the rates for trans
Atlantic messages were reduced from
81 To $3.50 for ten words. The same
company brought about a reduction in
cable rates to the West Indian Islands
OF from 40 to co per cent-the reduction
in the case of Porto Rico being from
$1.91 to 30 cents per word. 1t was due
to the Postal Telegraph Company that
rates between the United States and
Mexico were reduced onehalf and that
permanent reductions. averaging 80 per
cent were made in telegraph rates in
every State OF the Union.
The announcement OF the intention of
the Commercial Gable Company of
Cuba to lay a competing cable caused
n sweeping reduction or rates from -
to $3.50 for a message OF ten words
from New York to Havana.
And now the Commercial Gable Com
pany has entered the Far East. 1t is
doing what no other private corpora
ton has ever dared to do, and what the
government itself has heSitated to do.
1t is not only establishing cable COM
munication with the new insular pos
sessions in the Pacific, but it is cut
ting down the cable rates to less than
one-half Of their former figures, thus
saving to the American public and the
American government hundreds of
thousands Of dollars per year: and the
company will give in the Pacific the
same quick. accurate and efficient serv-
ice that it has given during the past
sixteen years in the Atlantic.
on this record the Commercial Pa
cifc Gable Company feels that il has
right 10 demand from Congress the fair
treatment which il viii surely receive
from the people OF the United States.
The company is perfectly willing to
meet competition on an equal footing.
bur If the resources OF the United
states government are TO be lent to
a. competing cable. or used in the es-
tablishment OF a government cable 10
narallel this cable entirely constructed