The Sun.
London, England, 1852-05-01 00:00:00

N°.18,599.] LONDON, SATURDAY • orm 3
4

TiiE SUBMARINE TiELEGRAPII
COMPANY,
.
Exclusive Communication between Great Britain and the
Continent of Europe, under Privilegeo from the French and Belgian
•
Capital 150;001; fn MOM Shares of 5/. eacb, ,te: be paid in full.
Liability of Shareholders limited to the amoant" of Sfibscription. •
ScouringCGooiv) .
ernments
• , • - Oflides. 30; Cornbill. ' ' - - ----- •

• lIOISTORARY DIRECTOBS. •
His Royai Highness the Duke of Cambridge.
His Excellency the Count COlonno Walewski, Ambassador of France
His Excellency M. f. Van der Weyer. Envoy'ExtraOrdinitry anti
Minister Plenipotentiary of Belgium
His Excellency the Chevalier Bunsen, Envoy Extraordinary. and
Minister Plenipotentiary of Prussia
His Excellency the Baron Ile,ntinck, En" oirztxtraordinarY and Mi-
nister Plenipotentiary of the Netherlands •
• .
His Excellency the alarett!s D'Azeglio, Envoy Extraordinary and
Minister Plenipotentiary of Sardinia
His Excellency Signor ,Isturiz, Envoy Extraordinarye and Minister
Plenipotentiary of Spain
Ills Excellency the Baron Koller,Envoy Extraordini4.
and Minister
Plenipotentiary &OM. the Emperor of Austria to ",this*King of the
Belgians. • • •

casmorser.
The Lord. De Manley.
DLRECTOBS.
A. Anderson, Esq., M.P., Director of the Peninsulap-and Oriental
Company

ft AT-1 Jo n . Brett, Esq., 2, 'Hanover-square • -- - • -
. ~
Ernest Bunsen,'Esq., Abbey Lodge, Regent's-park
. . ,
Sir James Carmichael, Bart., Sussex-gardens ' •
The lion. Frederick Cadogan, Hertford-street, May Fair
W. J. Chaplin, Esq., M.P., Chairman of the London ancrSonth-West-
ern Railway. Company ..
Le Chevalier brouet, Belgian Embassy - , • .
T. C. Granger, Esq., Q.C., M.P.; Temple .' .:..,
S. Laing, Esq., Chairman of the London and Brighton 'Railway Com-
i it,,-
pany • '
John Masterman, jun., Esq., Nicolas•lane, Lothbard-stfeelit
BANKERS—LONDON.
Mears. Masterman, Peters, and Co., Nicolas-lane,..:. • _,,
Sir Claude Scott aad Co., Cavendish-sqaarctc,
. _ . BOLICITOI4. ~,.. .. itio
Messrs. Davies, Son, Campbell, and Hand, 17. Wilrwick-S et, Re-
gent-street . ... - ;
Messrs. Hughes, Kearsey, and Co., 17; Bucklersbury. '
SECitETAIti. ' . ' : 1
L. C. klertslet, Esq. :•; • ;ifl .
. .
..,_16.,,, f:
"' WI August, 1851, the p. tonicaps vof ,'fie sigqiimatievetegraph
formed themselveg into a Frencli Company (SOC he enCOmman-
dite), and established telegraphic communication between Dover and
Calais. -

On the 13th November last the telegraph was opened to the public,
since which time it has worked without the slightest irregularity
or interruption. _ _ •
A Submarine Telegraphic communication having been thus suc-
cessfully proved, the promoters consider that the time has now ar-
rived to invite the public to cc-operate with them in developing the
resources, and extending the advantages of this important under-
taking.
The following brief statement will show the actual position and
prospects of the Submarine Telegraph:—
A royal charter of incorporation was obtained in 1851, but it has
been determined to surrender the same for one of more extended
powers, enabling the Company to establish a Submarine Telegraphic
Communication with all parts of the Continent of Europe.
The draft of this charter is now before the Board of Trade, and it
is believed that it will be finally granted at the next Privy Council.
The capital of the Fiench Company consists of 75,000 sliares of 1/..
each,_

It is proposed to surrenaer these shares for shares of a corres-
ponding value in the Company now forming under the aforesaid
extended Royal Charter.

An exclusive concession has also, been obtained from the Belgian
Government, and important privileges from other foreign Govern-
ments. _ _

The Charter of Incorporation will unite these different coaces•
dons and privileges, thus bemiring to this Company the exclusive
right of telegraphic communication between Great Britain aad the
Continent. _ _ _ _ _ _

The receipts of the Submarine Telegraph have never been less
than 5 per cent., although it has been severely cramped in its
operations in consequence of its present position, forming, as it
does, only one link in the chain of continental communication ; but,
after allowing an outside margin for works and expenses,- and for
laying down a distinct and most complete line from .Dever to
London, the returns during the past month have been at the rate of
71. 189.33. per cent.
In order to provide for the daily increase of business, and to secure
the telegraphic communication with the Continent against any risk
of interruption, it is proposed to lay down a second cable between
France and England, and also one between Dover and Ostend, which
will give 16 Telegraphic lines of communication between Great
Britain and the Continent, and amply supply the various lines of
France, Belgium, Holland, and Germany.
Responsible parties have undertaken to lay down these lines with a
sufficient numbei of wires for any amount of traffic that can be
anticipated, for the sum of 70,0001., to include all patent rights,
and all preliminary and other expenses incidental to the Belgian
and other concessions, which will become vested in this Company.
The Charter will authorise the raising of a capital of 300,0001. ;
but under the arrangements above referred to, not more than
75,0001. of new capital will be required to carry out the objects in
eon tem plati on.
The-EuroPean and American Electric Telegraph Company being
formed under the powers of the Act of Parliament in connection
with this company, the arrangements for completing the extension
of the Submarine Telegraph to London, Manchester, and Liverpool,
will be immediately concluded, when the French Government have
undertaken to provide independent wires for the exclusive use of
the Submarine Telegraph from Calais to the centre of Paris. In the
course of a few months, therefore, the Exchanges of London, Liver-
pool, and Manchester, will
and be broughame pr into insta ciplentaneous communi-
cation with that of Paris ; the s may be carried
into effect with al! the other cities of commercial importance through-
out the Continent of Europe.
An estimate of the vast extension of business which must follow
such a development of Telegraphic Communication, under a system
of molerate charges, may be arrived at by a consideration of the
marvellous results which attended the introduction-of the-Penny.
Postage. The day of experiment with the Submarine Telegraph has
passed, and all, therefore, which now remains is to afford every
facility to the public to avail themselves of an invention which is
evidently destined materially to affect the interests of the Commer-
cial and Political World.
Applications for the 1,500 Shares may be made to Messrs. Foster
and Braithwaite, Stock Brokers, 68, Old Broad-street, City.

IHE EUROPEAN (and " AMERICAN)
ELECTRIC TELEGRAPH COMPAIIY.

Capital 200,0001., id

lath the Subtratrine Telegraph
19,00 , Shares of 5/. each. Dept
Offices, 30, Comilla.
CHAIRMAN.

C. per share.

Lord de Blauley, Chairman of the Telegraph Company.

DIRECTORS,

A. Anderson, Esq., M.P., Director ;Fihe Painsular and Oriental

Company,
Chaplin, Esq.; M.P., Chairman of the London and South-

Western Railway Company
Samuel Laing, Esq., Chairman of the London and Brighton Railway

Company - -
.Tohn Maaterman, Esq., jun., Director of the Submarine Telegraph

Company
lon W. Brett, Esq., Director of the Submarine Telegraph Company
Sir James Carmichael, Bart., Director of the Submarine Telegraph

Company
Ernest Bunsen, Esq., Director of the Submarine Telegraph Company
Rear-Admiral Sir Richard O'Conor, K.C.IL., Stanhope-terrace,
Hyde-park.

SECRETARY.
W. M. Sbaw, Esq.
BANKERS.

Messrs. Mast,erman, Peters, and Co., Nicolas-lane, Lombard-street.

SOLICITORS.

Messrs. Davies, Bon, Campbell, and Hand, 17, Warw:ek-street, Be-

gent-street • ,
Messrs. Hughes, Keeney, and Co., 17, Rucklersbury.
This Company is formed for the purpose of supplying what has
now become an object of first-rate commercial importance—viz, a
cheap communication,' by Electric Telegraph, between . London, Li-
verpool, and Manchester, and an uninterrupted connexion, by means
of the Submarine Telegiaph, between those places and the Continent
of Europe.
It is proposed to - construct one 'main line of Electric Telegraphs
from Dover to London and Liverpool, connecting Manchester and
Birmingham, which will unite with the existing Submarine Tele-
graph to France,, and with that which is about to be laid down to
Belgium, under concessions from the French, Belgian, and other
foreign Governments, Which secure an exclusive and direct corre-
spondence with the telegraphic systems of the Continent, extending
at the present year over 10,000 miles.
These lines will be laid underground, tinder the powers of the Act
of Parliament, according to the most approved modern system. by
which the Telegraph will be secured from interruption by atmos-
pheric or other, causes. and the Company guaranteed against all cost_
of maintenance for tea years. A sufficient number of wires will be
provided to enable the Company to carry on a large business at low
rates, which affords the surest source of profit in an undertaking
where increase of traffic is not attended by any corresponding in-
crease of working expense.
Responsible contractors have guaranteed to lay 'down the entire
lines in question, extending over about 300 miles, complete in
every respect, and including all preliminary and Parliamentary ex-
penses, purchase of patent rights, &c., and also to ensure the main-
tenance and satisfactory working of the lines for ten years after their
completion, for the sum of 112,000/.
The whole expense of the undertaking being thus defined, no
liability can be incurred beyond the amount called on the Shares,
as the Directors will undertake no new lines, and enter into no
further engagements, without the consent of the Proprietors.
The deposit of 31. per Share will be sufficient to raise the requisite
capital under the proposed contract: and the remaining 21. per
Share will be kept in reserve to provide any additional accommo-
dation that may be wanted for a large expansion of traffic—no por-
Um of it being called up without a distinct resolution to that effect
from a General Meeting of the Proprietors.
Arrangements are now making by which, in the course of
a few months, London, Liverpool, and Manchester may be
placed in direct and instantaneous communication with Paris,
Havre, Marseilles, Brussels, Amsterdam, Hamburgh, Frankfurt,
Berlin, Vienna, Trieste, and almost every town of importance
in Europe. Express News Agents in New York and Boston have
undertaken to collect Telegraphic Messages throughout the vastly
extended Lines in America ; these being forwarded by the packets,
will, on their arrival at Liverpool, be instantly transmitted through
this Line to all parts of the Continent of Europe, so that answers
may bereceived in a few minutes in readiness tor the departure of a
returning packet.
It is believed, moreover, that the introduction of more economical
and b
e_ema,:mieent means of transmission must lead to an extensive
development of business, as has been the case in the
United States of America, where upwards of 22,000 miles of
watPeP,llsetfteteik°-nbrtkraleSrerhsar,ad6eBys,
Telegraph are
in profitable operation, and where it
has
Post-emce, as much a matter of necessary and habitual use as the
life. V M in all the transactions of commerce and affairs of daily
may be
etoet,mceistsyr.S. Foster and

1:14
all
LAIREGtriza47E4oI:II:II°FNRRTTIESIETNTDOII
CON PAINING 11-X3IEDY FOE PREVEN'rIO/4 OF DISEASE.
.m.AREDIRTIAIG:f..
Anatomioal Coloured Engravings.
Illagtratoa. by one Run
CATIONS, GENERATIVE I NCA -
0 1 i'IIrYASeICITALy, DAlmlsoo_AL_dre4.rp,_
NI,. Edition, enlarged to 195 page, price .
the Establishment, 8,,,'6,1:1,;,,,..'5• tki. by post, trove
eio,..,,stve indug,nce, the consequences of infectiLst"n
e, or, the abuse of
, produced by
FIORE SILENT FItrEND Mica; , a Work on
, 0..7 a L .
A the exhaustion and physical decay of the s
me-airy, with directions for the use of the --
ell:l7iorB:loXibTialirde-eas:tiet°:"Gfoll:
Illustrated obnyllloarriO CandoalgolsangerftedndE':,:ravings. Ily"cl'a.B which
iiivliel2b"t7yi t !
and Observations
onsulting Surgeons, 19, Berners-street
street, London. co.,'Published by Sherwood and Co, 23, Paternosotredr--
- r adenhall-street; 95, Farringdon-street •
, w. Sutton. le
don, 140, .io •
Butler, 4, Cheapside ; R. Johnson, 68, cornhin.
Bow Church-yard;
row, sad sold by Hannay, 83,
PART I.
treats of the anatomy and physiology of the re-oreductiv a
organs, and is !Marated by 28 Coloured Engravinio.
PAST li. th
entablo effects on e system, producing
dalgence, and their lam us excitement, and generative
treats of the consequences resulting from. exc.casive in-
mtntal and bodily wealuleS4
in ;opacity. Illustrated by 10 Explanatory Engravings*
resulting from infection, either in
Pear 111. treats of the diseases
licit directions for
the primary or secondary form, and contains exp
nerve
their treatnent. This section is illustrated bY
• 62 Coloured Engrav-
ings.PataX IT. contains a Remedy
for the Prevention of Disease by a
simple application, by which the danger obviated.
Of infection is
PAIT V. iss devoted to the consideration of marriage, and its dtl-
tim. The causes of unproductive union are also considered, and the
whole subject critically and philosophically inquired into.
Tax CoADIAL BALK or STAIAOuK is exclusively employed in
treating nervous and sexual debility, impotence, &.e., 1 Is. and cos.
per bottle. The Concentrated Detersive Essence, an anti-syphilitio
remedy, for purifying the blood in cases of infection, second/ITT
symptoms, eruptions, and the abuse of mercury, 11s. and 830. Per
bettle. Perry's Purifying Specific Pills, 4s. 9d, 4s. 6d., and lie.
per box, a certain remedy for gonorrhoea, gleet, stricture, and
chronic Inflammation of the bladder. Consultation fee, if by letter,
11. A minute detail of the ease is required: ago, habits, and posi-
tion in society. 51. Packets, with advice, to be had at the Este-
blishment rely, by which the fee, 11.' is caved. Messrs. Perry,
Sargeona . are in attendance, daily, at 19, Berners-street, Oxford-
street, London, from Eleven till Two, old give ti, Eight 1 OU Bun'
day t 19113 ElaTell to Ono,

VORICE'S PATENT CANDLE COMPANY.-
.1;lot1Ce' is 'hereby given, , that an EXTRAORDINARY
GENERAL MEETING of PRICE'S PATENT CANDLE COM-
PAtity. ,will: he. held' at the London Tavern, BiShopSgate-street,
London, on TUESDAY, the 18th day of May next, at Two o'clock
'preciselY;for the purpose of considering the subjoined REPORT of
the DIRECTORS, proposing the formatian of a new Company, by
4fie jifdistie aor " THE „NEW. PRICE'S PATENT CANDLE CO3l-
fPANY;," aguid passing realutions thereon.
By order orthe Board',
RANKEN; -Chairmin
J.'P. WILSON, Managing• Director.

indon, 22th Arrll, 1852,

THE NEW PRICE'S PATENT CANDLE
°
• Rt;gisteeredlPPANYrovisionally.
,Proiosed Capital, 260,000 t, in 10,000 Shares of 261.
' , creased to 520,000/., if required.
tE EPORT
from the Directors of Price's Patent Candle Company to the Special
general Meeting of Proprietors convened for the 18th day of May,
1852
" In their last Annual Report to the Proprietors, the Directors
repeatettan opinion expressed by them on several former occasions,
that the true interests ,of the Company would be host consulted
by serving the public continually on, lower and lower terms, as in -
creased business and, manufacturing power might render further re-
ductions consistent with the retention and security of the existing rate
of dividend.
" When this report was Made, the Directors merely contemplated
a gradual reduction of pr;ces guring the currency of the patents, so
as eventually, bat grasittally; to derive the Company's revenue from
the mere manufacturing propts due to a combination of strong posi-
tion, large capital, and greatiexperieuce in a highly-skilled trade, in-
dependently of patent rights altogether.
" Circumstances have, ho,we'ver, occurred since the meeting which
have led the Directors'to the, conclusion that the interests of the
Proprietors will bo advaneed'and secured by placing the Company in
such a position as will enable it at any moment to bring down its
prices to the minimum.

,each, to be in-

•
" Large importations of French ,Candles have been made into
this market. TheY have been manufactured at a comparatively
high cost, yet being in many cases sold avowedly without profit, for
the mere object of lightening, by this increase of make, the manu-
facturing charges of the French factories upon that part of their
produce which is sold in France, they have interfered to some ex-
tent with the export sale of the Company's Candles at their present
prices, carrying as these prices still do a considerable patent profit
upon: Mum:
preeesses, In some respects resembllngA444, 111@ o.9lnPanSrt
were patented some years ago in France, bahaye not yet been car-
ried put there on &large scale. The French patents aro now pass-
ing, into other hands. They were offered to the Company, ant the
Directors entertained the proposal, with a view merely to the pro-
tection of the English interests of the Company; but ultimately de-
cided upon declining it, at any rate for the present, partly on the
grounds of general prudence, too obvious to require explanation,
and partly on account of the short period which the French patents
have still to run, while any prolongation of their original term is at
present doubtful.
" The proprietors are, of course, aware that candles manufac-
tured according to the Company's patent processes in France, can-
not be legally imported into this country, but the expense and diffi-
culty of litigation would be so much increased by the necessity of
obtaining evidence in a foreign country, that the Directors would be
glad to remove the temptation to import by a reduction of prices, if
the reduction can be effected, as they believe it may, with advan-
tage rather than injury to the Company's income.
" Besides the annoyance from Francs, the Directors have had
within the last few weeks notice front various quarters of much likely
to arise at home. 'More than one company has been, or is being at-
tempted to be formed, avowedly upon the profits divided by this
Company. Any new company would, of course, have considerable
'capital, and would be prepared to siend it in litigation, involving
(however satisfactory the result) a large expenditure by our Com-
pany:
" The Directors, while ready to maintain by law the rights of the
proprietors, are yet very anxious to avoid so unpleasant a necessity,
by removing the inducement ,to infringe their patents. The pro-
prietors will feel with them, that the many thousand pounds which a
really determined encroachment upon the Company's patents would
soon run away with, will be far better expended as part of the ca-
pital peaceably employed in fully developing the processes, so as to
bring the products down to a point of cheapness, such as to
make the fact of their being patent cease to be any element in their
price.
" Under these circumstances the Directors, after a careful review
of all their past experience of the effects upon their trade produced
by reduction of prices, have unanimously resolved that it is expedient
to anticipate and remove the risk of interference and consequent li-
tigation In the following manner. .
" The great value of the Company's patent processes consists, as
m ost of the Proprietors are aware, in their transforming almost any
fatty material, however soft, dark-coloured, and strong-smelling, into
a bard, white, and pure candle material, produced at a much cheaper
rate than that at which any other equally good material can be pro-
duced. - -

"Of a the inferior fatty materials to which the processes have
been applied, that of which there is the largest and most constant
supply, at a low price,is palm oil, of which about 25,060 tons are now
being annually imported into this country from the coast of Africa.
The value of this material Is so very greatly increased by its passing
through the Company's processes, that these cannot be considered
adequately developed while any, considerable part of the impor-
tation is otherwise treated. But the whole power of the Company's
present factories is sufficient for. only about a fourth part of the
importation.
"The Battersea and Belmont Factories are now nearly perfect,
with all their parts duly proportiened to each other, and in excel-
lent working order. There is scarcely room for considerable addi-
tion without , more or less disarrangement. Moreover, they are
already more than sufficiently large for the whole London importa-
tion of palm oil. All additional supplies required mast be brought,
as in fact much of the present supply is, from Liverpool, the head-
quarters of the palm oil trade.
" The Directors are therefore of opinion, that any further consi-
derable extension ought to be at Liverpool, and they recommend
the erection there of works on a. large scale, equalling, perhaps or
exceeding, that of the London works. Such works in the cheapest
market for the raw material, and constructed with the full benefit of
past experience, and with abundant capital, will enable the Com-
pany to manufacture more cheaply than any possible competitor.
" The candle trade of LiverpOol itself and its neighbourhood, and
of much of the North and of Ireland, would be supplied from these
new works, while the London factories would continue to work up
the London importation of palm. oil, and to supply the candles used
in London and the South.

" The saving effected in the caxrlage of the raw material first, and
of the manufactured produce aft erwards, by the erection of works of
the contemplated magnitude at Liverpool, would, as compared with
a similar extension near Londoi t, exceed 10,0001. a-year.
"The Directors do not confine, their plans fer extension to the
erection of this one set of Liverlpool works, bat they think that this
macb at.lamtamstlit2ftbahlaue.biCikA—wlAlßF.-0i 1853.

DR. CULVERWELL'S NEW WORKS.
To be had of Sherwood, 23, Paternoster-row ; Carvaiho,
VI, Fleet-street; Mann, 39, Cernhlll ; or direct from the author ;
price One Shilling each; by post, Is. 6d.

ENJOYMENT OT LIFE.
"Health, Eeereatlon, and Rational Use of Time."

CONTENTS :—Early Rising--Spring and Summer Mornings—Ex-
cursions about the Environs of London—The Parks Lanes, Hills,
Furests, Fields, High-roads, and other pleasant places—Country
Trips and Rambles—The Sea—London at Night—Evenings at Home
—Music—The Draina—On Eating, Drinking, Sleeping, Bathing,
Air, Rest, Ease, Occupation, &c., &c.
II
FRAGMENTS FROM THE MOUNTAINS. Two Vela.
Vol. I.

VISIT TO THE LAKES ;viiiiCH OF EDINBURGH, &

Vol. H.
THE TAXES OF KILL &RNEY ; REMINISCENCES 01'
DUBLIN, !cc.
WHAT TO EAT, DRINK, AND AVOID,
"That three score years and ten our course may ran."
A Popular review of almost every form (cause and care) of ner-
ysousi7-debilitated health and enfeebled constitution, that harasses
the young, besets the roan of pleasure, business, or ndy, and em
bitters old age ; -
with tables and rules for the diet and physical regu-
lation of every-day life.

strancm
..rzific,,,
pllgarliTedHEacsi:
AAfrtSohlelnOsinNe7aSen.re
sPaaessiroens hurt the body—what improve,
yheteardeca
age.
The
ea-
Vent of the":ll"assaito' ns. Chasm& and its infringements. The casual-
ties of licentiousness and
A.a_ dissipation,
oc3,
07 with
ly illustrationsnan.iaes.graphic, nar-
voer.not to be, that is the question."
V.
rative, and re,m,
Ted:abtie
TILE MARRIAGE STATE.
paooaAssME .marriage,itei obbellegbaateiorr nsof
nature,ht. society, and reli-
gion regardinged by
choice, on both sides, u to gge, temperament, csoex- 1 Thu and
figure, to secure healthy offspring
physical defectiveness and its removal. Sterility anoci irt:trlng them.
C0a811274;1t.84.C./7.l4enin:styyV:A.p.,:hy:earen_l7.Bo;taiiedicaly
till anridver,oreasteiEventhpßefer.;seetierin:ese.
matters. RecePtioll
Nine, 10, it entitreet,
.g(lwlB4thl)_ ,thligejtart.c
till
'
.15:41:82:::san: