528
1
on the
subject of a proposal part of the Eastern Extension
Australasia and China.
Telegraph Company, Limited, to lay a direct cable between HongKong and Singapore consideration of a subsidy of £15,000 per
annum
in
of which
it is suggested that £7,000
per
annum should be
contributed by Hongkong
2.
For the reasons
letter of
given in the letter
the-
Colonial Secretary, dated 14th
ultimo
ultimo, and written by my direction, I do not think that
the advantage gained by this Colony from such a cable would be worth the price to
be paid for it; and in this view, you will observe, the Chamber of Commerce of the Colony substantially
Conours.
I have the honour to be,
or Lordship's Most
My Lord,
"Obedient Humble Servant,
Grilliatadee