548 COMMERCE YEARBOOK 
New York to Buenos Aires without relays. It is believed that a 
similar service in the reverse direction will be established in the near 
future. 
The program of the All America Cables company calls for the 
construction of about 3,000 miles of submarine cables during 1926, 
involving the expenditure of over $1,500,000. These additions con- 
sist of an 800-mile cable from Balboa in the Canal Zone to Santa 
Elena, Ecuador; a 1,700-mile cable from Lima, Peru, to Valparaiso, 
Chile, also touching at Iquique, where an extension of 130 miles would 
provide a connection with Tocopilla; a 785-mile cable from Fisher- 
man’s Point (Guantanamo Bay), Cuba, to Balboa in the Canal 
Zone, thus eliminating the manual relays required by the present 
system. A new office has been opened by the All America company 
at San Salvador, connecting this capital with the station at La Lib- 
ertad. Permission has also been granted the same company to estab- 
lish an office in Guatemala City, which will be connected by land- 
line with their station at San Jose. 
The cable operations of most American companies show a marked 
increase during the year. The Western Union Co.’s revenues from 
cable transmissions were $10,390,406, as compared with $9,907,275 
in 1924. The Postal Telegraph Co., in which system are included 
the Commercial cables, does not show cable receipts; however, the 
net profit on cable business for 1924 was slightly in excess of that for 
1924. The All America Cables, including the subsidiary company, 
the Mexican Telegraph Co., shows a net income from operations of 
$3,026,955 during 1925. 
The volume of cable traffic between the United States and foreign 
countries continued to increase during the past year. The use of 
deferred services at low rates was extended to countries heretofore 
not enjoying these privileges. 
AERONAUTICS 
In December, 1925, a bill was passed by the Senate authorizing 
the Secretary of Commerce to designate and approve commercial 
air routes, to provide aids to aerial navigation, and to inspect and 
register airplanes and license pilots. This legislation was similar 
to that before the previous Congress in that it provided for applying 
to air services the existing laws on immigration, customs, etc., and for 
the regulation of civil air navigation generally. Since the end of 
the year this measure has become a law. 
Air services by commercial companies were in regular operation 
between Seattle and Victoria and between New Orleans and Pilot- 
town for the transportation of passengers, goods, and foreign mails. 
A number of operators carried out flichts from fixed bases to various