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"Canadian Government To Buy Telegraph Network"
Announced 20 February 1901
The Dominion Government of Canada has now taken steps to purchase the telegraph systems of Canada, extend them enormously and operate them in connection with the federal Post Office Department. It is also proposed with all seriousness, to follow a similar course with the telephone, but in the case of the latter, municipalities will be licensed, as currently done in Great Britain, to operate the system within their own areas. The question of the absolute control of the Canadian telegraphic network services has long been discussed, but it was not until the present Liberal Government came into office that it has been possible to talk of purchasing the telegraph services. With a surplus from $6 million to $7 million dollars for 1900-1901, and a prospect of an equally large surplus for 1901-1902, the take- over plan seems most feasible. A submarine cable scheme is included in the general plan. Canadian Pacific Telegraphs are now said to have a networth of $7 million dollars; the Great NorthWestern Telegraph Company of the same amount, and, The Bell Telephone Company of Canada of at least $5 million dollars.