File No. 19654/.

Chargé Wilson to the Secretary of State.

[Extract.]
No. 121.]

Sir: I have the honor to report that a Mr. John Oldham, acting as representative of the Western Telegraph Co., Ltd., the River Plate Telegraph Co., and the Pacific European Co., has made propositions, which will probably be accepted by the Argentine Government, for the laying and exploitation of a direct cable to Europe.

The cable will start from some point on the Argentine coast and land at the island of Ascension, where it connects with other lines going to Europe, Africa, and America.

No subvention is asked from the Argentine Government for the concessions which is to be granted for 25 years, and very low rates will be given for Government messages.

It is reported that the above-mentioned English agreement with the Argentine Government will be signed within a few days.

I have, etc.,

Charles S. Wilson.