189
source of revenue, however welcome it may be, as not
of such vital importance to the community as the
provision of an adequate communication system. The
phenomenal growth of wireless telegraphic receipts
even under the regime of partially suspended animation
that has prevailed since the merger Company made its
proposals is a sure index of what awaits on proper
development. Considerable capital expenditure will
no doubt be required in the first instance but in my
opinion such outlay will be speedily recovered from
resulting increase of traffic receipts.
the
5.
I suggest that Mr. King's presence in England
be utilised as he can attend in person und explain
the situation in detail. He will be at your disposal
if required in connection with the consideration of the
draft agreement.
If however any hitch arises or the
negotiations break down I should, in view of the
importance of the time element, advise that he be
called upon to set out before your experts the programme
he considers adequate for reconditioning the existing
equipment and for the provision of Beam and Wireless
Telephony Services.
6。
I take the opportunity of requesting your
assistance in obtaining from the General Post Office
any information r. King may require regarding equipment
qualifications and grading of personnel. and in providing
him with facilities to visit the establishments of the
manufacturers of wireless equipment.
I have, etc.,
LO
5
(Signed) 7. PEEL.
Governor, etc.