Show CO Why h Contract Won Vii to tu it An Ami Al Killi 1 h Company New Nei 0 Nov No Geo Gea Gl Ward War first vice president of ot the Commercial Cable Cuble company wild said In nn an Interview when almen wien asked why wimy wh the time contract for tor or a I Pa ln Pacific cine chic cable catl had hal not lx Peon Iun on rewarded to tonn tonn toan nn an American company The Commercial Pacific Cable com coma company pany would have hate been b n very vel happy to give an 81 American n company lt I its con contracts cn contracts In the tracts but there Is no tin company OI States that could we felt per pr perform forum form torl the thc work Tiny They have hac not the th machinery and could tint lInt to I havo 11 tin th work of ot laving 1111 the time cable take taki time the tie form torn of or nn an experiment Tho The Sliver Silver town company compau has hu been established for over oyer fitly fifty tl years can and lisa hay laid isid most of ot the tIme deep ocean cables throughout tho the world no so o that hint It understands under perfectly I Just how time the work worl should be Ice accomplished pitched The Time company compan has us that they thc will 1 complete the cable and amid have It here hero In seven seren months Just Juet Jul as soon as this section extending to the Sand Sandwich Islands Is complete and out of ot the time way wa wo we shall commence work on another section that will wi connect tho tIme thoI I Hawaiian Islands with wih this the Philippines i Our station there timers will wi probably be on the tue Island of Luzon near or 0 In tim Manila Mania We Ve have inns not decided on that point yet et nor have we ivo e fixed our schedule of ot rates but hut I may many say Iny In speaking of ot rates that limit we stimuli shall reduce them to a reason reasonable able figure We expect to havo have the work completed In about two or three ears cors The estimated cost cot of the un an undertaking n Is about but we wo have hae capitalized our company at itt It only because borau we prefer preter to Increase capitalization as mum lS we proceed rather than Ihan use such a r large figure at the tM be b beginning ginning Mr Ward Wall Mid It 1 waS expected that the time new cable would allow nl w of tho time transmission of ot messages In nearly four hours less Ices 1181 time than required at pres pros present eat ent |