The Sun.
London, England, 1851-06-16 00:00:00

N°.18,324.]

THE SUB-MARINE TELEGRAPH
COMPANY,
Between ENGLAND and FRANCE.
Under a Decree of the French Government conferring Exclusive
Privileges.
Incorporated by Royal Charter.
Capital 100,000/. (2,400,000 f.) in 100,000 Shares of it. (25f.) each,
To be paid up without further liability.
TRUSTEES.
Sir Claude Scott, Bart.
Thomas Hankey, Esq.
DIRECTORS.
The Right Hon. the Lord De Manley, Chairman.
Arthur Anderson, Esq., M.P., Director of the Peninsular and Orients
Steam Navigation Company.
John W. Brett: Esq., Hanover-square.
Sir James Carmichael, Bart., Sussex-gardens.
The Hon. Frederick Cadogan, Cheshans-place.
Francis Edwards, Esq., Westbourne-terrace, Hyde-park.
T. C. Granger, Esq., Q.C., M.P.
P. Douglas Hadow, Esq., Director of the Peninsular and Oriental
Steam Navigation Company.
Lieutenant-Colonel I. A. Lloyd, F.R.S., Athenmum.
CONSULTING ENGINEER.
W. Cubitt, Esq , F.R.S., President of the Institution of C.E.
ENGINEERS
Charlton J. Wollaston.

J. B. Crampton.
BANKERS.

London. Paris.
Sir Claude Scott, Bart., and Co., M. Ferrero Laffite, Rue Lane.
Cavendish-square, M. M. Rothschild.
Messrs. llankey, Fenchurch-st.
SOLICITORS.
Messrs. Davies, Son, and Campbell, Warwick-street, Regent-street.
SECRETARY.
T. Griffin, Esq.
Offices, 9, Moorgate-street.
It would be difficult to state with certainty the amount of reve-
nue which may be anticipated from the establishment of the Sub-
Marine Telegraph. Careful estimates have been made by persons
competent to undertake this part of the subjeet. The Telegraph is
capable of printing one hundred messages of fifteen words cash, in
one hundred consecutive minutes; and if the whole of the commu-
nications between Europe, Great Britain, India, and America, might
be supposed to ernploy eight wires twelve hours a-da , it would give
the large income of 96,0001. per annum, at a tariff of one shilling
only per message of fifteen words. It is believed to be no more than
a fair calculation to place the probable income at 25,0001. per annum,
which, after allowing a sufficient amount for working expenses and
maintenance of Telegraph, will return a very liberal per centage on
the Capital employed.
The following sources may be named from which a considerable
proportion of the revenue will be derived :—viz., Government Dis-
patches of the different countries; the Press, English and Foreign;
the Public Funds; the Paris Bourse and London Stock Exchange;
Bankers ; Merchants ; " Lloyd's " Correspondents ; the Markets ;
the India Mails ; the communications of Manufacturers ; Ship-
owners ; the private Messages of Travellers, and other individuals;
in short, every description of intelligence that is capable of being
conveyed by electric agency. There can be no doubt that the em-
ployment of the Telegraph will progress as its usefulness is estab-
lished, until, like railways, it will become a political, a commercial,
and a social necessity : and that the undertaking, which might be
brought forward on national grounds alone, will prove to be a sound
commercial speculation.
Copies of the Prospectus may be obtained, and applications for
Shares, in the following form, may be made at the Offices of the Com-
pany, or of Messrs. Davies, Son, and Campbell, solicitors, 17,
Warwick-street, Regent-street; of Messrs. Carden and 'Whitehead,
2, Royal Exchange-buildings ; and Messrs. Lowndes and Surgey,
1, Royal Exchange-buildings.

FORM OF APPLICATION FOR SHARES.
Gentlemen,—l have to request that you will allot to me
Shares, of 1/. each, in the Sub-Marine Telegraph Company; and I
hereby agree to accept and to pay for the same. or for so many Shares
as shall be allotted to me, immediately upon the allotment thereof ;
and on notice from the Secretary, to execute the Deed of Settlement,
to be prepared in accordance with the Royal Charter incorporating
the said Company.

Name •• •• • ... • • ..... ••• • • •• • •
Address and Occupation
Reference .. ••• .. ..... „
To the Directors of the Sub-Marine Telegraph
Company, No. 9, Moorgate-street.