Northern Times.
Liverpool, Merseyside, England, 1859-07-27 00:00:00

ie e
astern

second time, but Captain Leach ; by kee

ing her on the other side, avoided a. second contact: Should
such conduct as this be .continued by those in charge of the
Lion, it will deter all persons from going by either boat, as
it must eventually. .result in some serious accident :—Rev.
Hugh Stowell Brown t B. Sproule, Oxton ; Henry..- Red-
shaw, Liverpool • Thomas Billing. do. John Parr, do. ;
Robert Dimma, ;
o. ; J. J. Glover' do. •, George Whaldon,
Wolverhampton ; H. S.. Thomas Carroll Milkrist, Liver-
pool ; Bower. Tristram, do. ; P. W. Phythian, do. ; Jona-
than Roberts, do. ; H. E. ,Kidson, do. ; Walter Grimshaw,
Whitby ; David Ogston, . Glasgow ' • F. P. Kidson, Leeds ,•Timothy Thomas, Newport ; J. A. Forrest, Liverpool ;
Caleb Smith, do. ; Joseph,. Cooper, Aigburth ; W. Salt,
Wallcott ; • Henry Bolton, Egremont ; J.: B. Schroeder,
Liverpool ; Henry Ward, do. .• ' 'Thomas Pearkes,.do. ; Wm..
Deakin, Birmingham ; W. B. Westhead, Manchester,
Edward Westhead, do. ; Edward Whittaker, Liverpool;
Thomas Kay, do. ; Samuel Maddoeks, do. ; R. B. Walker,
do. ; :Rathbone. Cowdroy, Oxton; Charles Roebuck, • Man-
chester ; William Earle,' Liverpool ; Thomas Spencer,
Prescott ;. Mrs. A. F. Sproule, Oxton ; Mrs:. E. Cowdroy,
(to. -Mrs. S. E.,Smith, do. ; Miss M. G. Spencer,,Prescott ;

Mis's M. B. Spencer„dO. ; Miss .E. Spencer, do.; Miss G
J. Richardson, Egremont; Miss E. Bolton, do.; Miss IL
M. Bolton, do. ; E. Spencer,. Prescot ; R. Spencer, do.

ATLANTIC TELEGRAPH•COMPANY.—We have been
requested by the secretary to this company to give
publicity to the following 'statement as to the pre-
sent condition of the company :
.___

This undertaking, in its relation to the original share-
holders, stands at the present moment very much in the
position of ' a business of great value, for thg goodwill of

arge sum

which now rec

further capital

. _
cable has demonstrated the `alniost certain success which will
.attend all future welldirected efforts, to submerge a telegraph
across the Atlantic between Newfoundland and Ireland.
The many important messages transmitted through the
Atlantic cable, serve to illuStrate the great advantage of
attempting to restore it to. working order, and show clearly
the benefits to be derived, both by the nation and the
shareholders, from the permanent establishment of such a
means of communication. . The success, therefore, though
partial, which has attended the company's first and most
arduous step in their proceedings, must be baked
upon as a great scientific triumph, out of which, here-
after, the most valuable commercial results will arise.
Even the disappointment, which has at present overshadowed
the original eateiprize, owing greatly to accidents and
disasters most untoward and most unlikely to occur again,

must not be looked upon as irreparable, until the company,
by means of the capital now sought to be raised, has .had
the opportunity of entering upon a skilful and properly
organized effort :for the restoration of the existing cable.

'ell if such an effort prove fruitless, the quantity.of cable
if own 1 n;nl,2;rl nn and criLl mill nriihnltly morn than nay

the Cost of Making the . attempt, and the Undertaking will

shares were eagerly sought after; on the contrary, the
high principles on which the company, . has been ton:.
ducted; its increased subsidies from Government ; the
guarantee of fr per cent. ; the valuable traffic arrange-

'rnents in America ; the absolute necessity that rnessages

probability of ot,stnining- a policy of insgra
risk, of. submersion ; the Willingness, of 'th

contractors to

guarantee, underlarge penalties, even the due and proper
working of the cable after it is laid • down these
are elements of a new "and, valual3le, character, • which.

:'rom i

position, and render- it a very fair and promis-
ing investment, independent of its national features.
No public undertaking of Similar novelty and import-
ance, has ever been at once so rapidly and successfully deve-
loped as the Atlantic Telegraph, and few have been brought
into a similar position at a smaller prelithinary. cost, in pro-
portion to their magnitude. Jn the month
,of June, 1857,
their enterprise was entirely untried, and its pos4bility gen-
erally disbelieved. In the month of August, 1858,, it had
become a demonstrated faCt—unequalled in th e world' s history.
The directors nre striving to the utmost, to profit by the ex-

perienee which constant attention to the business of the com-
pany has enabled them to obtain. They have pledged them-
., L -„,,+;1 thav -have

losal before the most eminent

seientiWa'authorities of the age and obtained their mature

decision ; with' this. object they. securer tne warn. ...
cordial co-operation of the following eminent gentlemen,
who will form a Consulting committee t6inYestigate and ad-
vi .p the directors 'and the restiorisible''offi-ders of, the com-

Pally, as