not just a definite term of 5 or 3 years for settlement costing down to 3 years being fixed during which the Canadian Camp. might
be subject to a fee to land.
He first argued 5 but often said 3 years. Cables. He said they were youths from Baltimore frequently had a visit from Two Rippon, the manager of the Bermuda Cable Camps, who is also interested in the "Canadian Camp." referred to.
Satisfied with the American aspirations, I told him nothing but uncertain how the Canadian Camp. stands.
He said that they could not work without a Canadian subsidy, that it was a new thing for Canada to provide a subsidy, and that this year they had their hands full owing to an enormous subsidy they are offering for divers Sham common with suglands same; but that the whence will be rather upwards for next year.
They propose an extension from Hong Kong to Singapore, nor touching Hong Kong & Shanghai with the China traffic (which Pender incidentally told me was worth a quarter of a million sterling), but they expect to get Australian traffic & share of the traffic to compete with the Eastern Company as far as Bombay.
There is no foundation of further expectations in explaining Pender's anxiety to establish a monopoly at the two important ports, Hong Kong & Singapore, by refusing Pender's offer to form a direct line, like Lalman & Co.
not justta definite term of 5 or 3 years foftement costing down to 3 years being fixed my during which the Canadian Camp. might
Le
fee
to land
He fint pggut
5 but oftends said 3 gear,
Cables. He said they were youthers from Baltimore
Iinteguently had a vint
from Two Rippon, the manager of the Bermuda Calle Camps, * who is also interested in the "Canadian Comp. referred
Suneted with the amnica
I told him nothing but uncertained how the Canadian (unp. stands
their aspirations. a the nature of
He said that they could not work without a Canadian subcly,
that it was
a new thing for
Canada to me hidige
and that this
Sear
а
they
Cably had
So the
there hands full owing snormous subsidy they are Offering for divers Sham common with suglands same; but that the whence will be tather uppexts
borstend year. They propone
avern G
Sorth frome Jedow
i
244
competition with Pender's Company. If they
nach
& bringapore, nor
Houghing &
arly with the
JūJ.
will they tap
the China traffic. (which
fender incidentally told me nasworth a guarter you Million slecting), hat they
share of
a
amed get Australians traffic, &
the
they
Sepet to compete with the Sacter Company as far Bombay.
verz
at
any foundation
of there is any
further expectations in
Explains Pander's anxiety tostathik
a
monopony at the tus important fonte and & Hong. Spore
By refusing Ruders offer
Amate
a diver line, Ifae to Lalman & theme
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