HIGH-SPEED OCEAN CABLE TELEGRAPHY 267 



that the financial advantage of radio can never be very great. It 

 has yet to be shown that radio telegraphy can furnish as reliable and 

 satisfactory service as is now provided by the cables. How long the 

 cables will continue in the leading position remains for time to tell, 

 but it is significant that the cable companies have gone courageously 

 ahead with new projects, and it is evident that only a much higher 

 degree of perfection of radio communication than has yet been attained 

 can permit wresting from the cable the advantage which it has so 

 long maintained. 



