[73] Thus the Atlantic cable of to-day may be credited with an “output” of 100 words a minute as compared with a single word in the same period, such as was at first obtained in the pioneer days of one cable worked by one company.
[74] Wireless telegraphy is at present a comparatively slow working affair; and if it is to successfully compete with our Atlantic cables, this means a great multiplication of transatlantic circuits all more or less close together, and, in consequence, all more or less liable to interfere with each other under existing conditions. Probably, however, any new company formed for the purposes of telegraphic communication between different countries would not confine itself—either in name or practise—to cables, but would also cultivate the “wireless” system of telegraphy.
