Show HOT COMPETITION BETWEEN WESTERN UNION AND POSTAL New York Dec 15 Relations of tile the two great telegraph ph companies were discussed with apparent frank franl frankness ness today bY Edw Edward rd J Nally dent or of the tho Now England Englan Telegraph company at the he Investigation con conducted conducted ducted b by the state legislative o com committee committee Dr DI Nally said sald the stock of his corn com pany was owned by the tha Commercial Cable company which controls the Postal company of oC Connecticut which In turn turl acts an hol holding ng company for practically the tho Ii 11 postal subsidiarIes Mr lr Nail Nally declared that there thero was the tho hottest kind of competition bo be tween the tho Union and Postal so far as service was concerned Ho thought the two ul big companIes split spilt the competitive bU about evenly |