. Review of reviews and world's work . ns whereby the companys existing facili-ties could be brought into greater public usewithout adding materially to expenses. Theresult was the establishment at considerablyreduced rates of the night letter, and thediy lettergram services, which have sprunginto wide popular favor in both a commercialand a social way. It is gratifying that thisliberal and progressive policy should haveso quick a financial reward. /™n,n„;„„ th. Another indication of the pro- Improvwg the . Tiansrtiantic grcssivcncss of Wcstcrn Union s Cable Service a • r j • ^i new management
. Review of reviews and world's work . ns whereby the companys existing facili-ties could be brought into greater public usewithout adding materially to expenses. Theresult was the establishment at considerablyreduced rates of the night letter, and thediy lettergram services, which have sprunginto wide popular favor in both a commercialand a social way. It is gratifying that thisliberal and progressive policy should haveso quick a financial reward. /™n,n„;„„ th. Another indication of the pro- Improvwg the . Tiansrtiantic grcssivcncss of Wcstcrn Union s Cable Service a • r j • ^i new management is found in thearrangements which have jusi: been completedfor important changes in the companystransatlantic cable service. These contem-])late the lease of the Anglo-American Tele-graph Company and the Direct United StatesCable Company, of England, bringing eightcables under direct Western Union control andmaking it possible to put into effect a numberof economies and improvements which should. PRESIDENT THEODORE N. VAIL OF THE WESTERNUXICN TELEGRAPH COMPANY AND THE AMER-ICAN TELEPHONE AND TELEGRAPH COMPANY pro\-c of much public benefit. In announc-ing the details of these arrangements, Presi-dent Vail stated that to continue to confinethe cables as at present to the flash orinstantaneous service, would be to utilize onlyabout 25 per cent, of existing capacity. Ow-ing to the difference in time betw^een NewYork and London, there are only a few busi-ness hours of the day common to both cities,and during those hours at least 75 per cent,of the business is done. In order to fill inthis gap in much the same way as the gap inthe business of the land lines was filled in,Western Union now proposes to introducetwo new features in the shape of the dailycable letter and week-end cable letter inaddition to a deferred rate service. Theseletters—for the introduction of each theconsent of the British Post-Oxlicc Departmenthas been granted—will be transmitted at alow rate an
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Keywords: ., bookcentury1800, bookdecade1890, bookpublishernewyo, bookyear1890
