Note 50 — Chapter XVI
Reading edition
“May 15th, 1849.—The Treasury concurs in the arrangement for bringing the Electrical Telegraph to the Post Office. Under this arrangement, which was settled by Mr. J. L. Ricardo and myself, with the concurrence of the Postmaster-General, part of a spare passage will be given up to the Company at the Post Office, in return for which we are to have a right to transmit and receive messages at a low rate (one shilling for not more than ten words), the Company bearing all expenses. I am inclined to hope that the plan will prove mutually advantageous.”—Sir R. Hill’s Journal.—Ed.