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put to the Cable Companies that they might be well advised, if,
acting more in accordance with the spirit of the times, they were
to show a conciliatory attitude towards wireless competition,
absolute though their existing monopoly might be according to
the letter of their agreements with the Chinese Government. To
these suggestions Sir J.Denison Pender readily responded, and on
March 31st, he addressed a letter to this office stating that the
Cable Companies had decided to open negotiations with the Chinese
Goverment direct on the following lines:-
1. To offer to surrender to China the Companies' wireless
rights in consideration of the following:-
11.
(a) China to leave any future installations of wireless
on her territory open to competition.
(b) Equal privileges to be granted to the companies
as to any wireless company.
(c) China to impose a terminal rate on all wireless
international telegrams corresponding to the terminal
rates chargeable by the Chinese Administration to the
Cable Companies.
Companies:
In view of the long established position of the Cable
(a) that the Companies should be given the opportunity
of tendering for the laying of any additional cables
required by the Chinese.
(b) that the Chinese Telegraph Administration should
prolong the existing working agreements with the
Companies beyond 1930, including the right to work
the contemplated cable to be laid between Shanghai
and Chefoo, and to lay and work on behalf of the
Chinese any additional cables required by the traffic
between Shenghai, Chefoo and Takui,