to dissent from the objections entertained by their predecessors to the extension to private
individuals of Exclusi: telegraphic
as appears from the correspondence which took place
privileges,
some years ago
a
when a grant of monopoly to lay telegraphic
cables between the Phillipine Islands, Stong-Kong Singapore was made to Messrs Heare and Graham, they are, of opinion that there is a difference between the present case and that to which objection was entertained.
121
In the former case it may
be assumed that the Telegraphic
communication was proposed to be
established as a commercial
speculation, now it appears that
the Spanish Government have "decided to put the Phillipine
#
" Islands in, communication with
means
The Coast of China by of a telegraphic cable, the service of "which is about to be offered to! "public competition". It is true
the Spanish Government intend to effect their object by the offer of.
De
monopoly for 40 years,
butor
offer will be attended with a
propost