The Sun.
London, England, 1852-05-06 00:00:00

SOLICITORS,

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

gent-street
etermed
first-rateforth commercialpurpose• •
of i
s mu
Messrs. Hughes, Kearsey, and Co., 17, Bucklersbury.
nows
This
bi se
cCoommep aa
an yo
object
cheap communication, b :Rlectric Telegraph, between London, Li-
pp Po supplyinge e whaty
,h a:
verpeol, and Manchester, and an uninterrupted connexion, by means
of the Submarine Telegraph, 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 dovin to
Be glum, under concessions from the Fren h, 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, under the powers of the Act
of Parliament. according to the most approved modern system. by
which the telegraph will be se,ured from interruption by atmos-
pheric or other causes. and the Company guaranteed against all cost
or maintenance for ten 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.
Resporsible contractors have guaranteed to lay down the entire
lines in question, extending over about 300 miles, comp'e e in
every respect, and incluaing all preliminary and Parliamentary ex-
penses, purchase of patent rights, &a., 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 3/. per Share will be sufficient to raise the requisite
capital under the proposed contract: and the remaining 2/. per
Share will be kept in reserve to provide any additional accommo-
dation that may be wanted for a large expans'on of traffic—no por-
tion 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, Frankfort,
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 be received in a few minutes in readiness tor the departure of a
„ .
returning packet.
It is believed, moreover, that the introduction of more economical
and efficient means of transmission must lead to an extensive
development of business, as has been the ea•e in the
United States of America, where upwards of 22,000 miles of
Telegraph are already in profitable operation, and where it
has bee me as much a matter of necessary and habitual use as the
Post-office, in all the transactions of commerce and affairs of daily
life.
Application for Shares may be made to Messrs. Foster and Brath-
'smite, Stock-brokers, EB, Old Broad-street, City.