The Sun.
London, England, 1851-06-03 00:00:00

Between ENGLAND and FRANCE.
Under a Decree of the 'French Government conferring Exclusive
Privileges.
Incorporated by Royal Charter.
Capital 100,0001. (2,500010 f.) in 100,000 Shares of 11. (25f) each.
To be paid up without further
TRUSTEES.
Sir Claude seta, Bart.
Thomas 11 ankey, Esq.
DIRSCTOES.
The Right Hon. the Lord De Manley, Chairman.
Arthur Anderson, Esq., Director or the Peninsular and Oriental

Steam Navigation Company.
John W. Brett. Esq:, Hanover-square.
Sir James Carmichael, Bart., Sussex-garderm
The Hon. Frederick Catlogall, hesham-place.

Francis Edwards, Esq., Westbourne-terrace, Hyde-park.
T. C. Granger, Esq., Q.C.,
P. Douglas Hadow, Est , Director of the Peninsular and Oriental
Steam Navigation C•Anpany.
Lienteuant-Colonel I. A. F.R.S., Athenreum.

CONSULTING ENG [NEER.
W. Cubitt, Esq , President of the Institution of C.E.
ENGINEERS.

Charlton J. Wollaston.

T. B. Crampton.
BA_NKmts.

London. i l Paris.
Sir Claude Scott, hart., and Co., NI. FetTere Laftite, Rue Laffite.
Cavendish-square, - XL Ml Rothschild.
Messrs. kiankey, Fenchurch-st
Kim:MAL . .
Messrs. Davies, Son, and Campbell, ' Wativ.cli-street,Regent-street.
SECItt•VARY.' • ' ' •
T. tiriftin,.-.EsO-
Offices, ii, Moorote-street.
On the 28th of Angus:. la-t, an experimental line of wire, twenty-
five miles in length, measuring, with its entering of gutter' percha,
only half an in.,:h hi diameter, was successfully submerged in the
Channel, between Dover and Cape Gris,nez, and communications
from England to France were printed by the Telegraph, which are
now in the possession of the President 01 the French Iti public.
The subinertiun of the wire and the actual printing of the mes-
sages having proved, beyond the possibility- of a doubt, the practica-
bility and certainty of the ui.dertaKing, it now only remAins to lay
down a number of permanent wires in a protective covering of
adequae strength to ensure them against amid it. The experi-
men'til wire was not ..xpcc:ed to bear a strain of more than from
to to 200 lbs., whereas the combined strength of the lines ibout to
111-laid down is calculated to be sufficient to resist the authors of
Lugo vessels. ..
...

These wires will each afford a distinct line of Telegraphic int.r-
course, connecting Great Britain with France, Belgium, Prussia,
Austria, and other parts of the Continent, whereby u,tin.sitely an
universal and instantaneous commulication throughout the wuole
of Europe will be established.

One great feature in this undertaking is the advantages it will
offer to India and America. lay the agency of a single wire, the
news by t ie Indian Mail on its arrival at Trieste or Marseilles, may
be deilverrd, printed n Roman type, simultaneously at Paris and
London—and at Liverpool, in readiness for the departure of the
American Mail ; bile the rerunning lines of wires may at the same
instant be conveying intelligence between Great Britain, and the
other coma( ies of E.irope.
Mr. Jacob Brett has obtained from the French Government a con-
cession, signed by the President of the Republic, of which the follow-
ing a:e the principal provisions :
An authority to establish a Sub-Marine TelegraA between the
Coasts of France and England.
The working rf this under.ak'ng to the exclusiciii of every other
of a similar sea ip,lon fur a period of ten years from the let f
Oct..ber, 1551.
The following letter, f:om he Minister o the Interior, will afford
addi ional proof of the privileges gran.ed by the Frencu tio-
vernmen . .

----- .
" Sir,—Tl eflst ar icle of e decree giving you perofssio- ti es-
tabli-h an Electric Telegraph between the coal s of F ante aid
'Eng! nd &termitic , ,ccoru.iig to your own propo Woo, tr.ese
parts of the coast of Fra ce where it is to be laid down ; bu.
Governmoit d es -ot reserve .o itself a y right .o gra t a
si-
milar coi.cession upon an, outer part of its .hure... We clearly
undentand hat for a Heriod of ten years you are entitled--to he
exclusio of all others—to establish this mode of commanicst on be-
tween nauce and Eng.aLd.

(Signed) " 1. DITIAURE,
'• Minister or the Interior.

" To Jacob Rrett, Esq "
The several departments of the English .lovernment, viz., the Ad•
miralty, the 1' easory, the Woods and korests, the Board of 'trade,
and tile F.teign ot11,:e, hAve expressed their approbation of the Un-
della- in , min th• it readiness to afford every laca y for carry log out
its uoject in the most cfH ent marine,.
It is propos. d to vest the concessions in a public Company, to be
named .he " Sub Ma: inc Telegraph Cou.pany ;" fur which a Royal
C arter has been obtained.

The capita to consist of 100,00 I Shares of 11. •-ach ; one fourth of
such Shares ti be appropriateu as paid up Sha es t, the louses
sionaires and Patentees, in consideration of the transfer and assisn-
melt of the co..ces-iotis and privil.ges granted by the French Go.
Yeroinent, and for the necessary licence to tse the patents.

It is intend d teiss,e only 56,0u0 of the remaining chart s in the
first instence, the ailott-es of whicl will t.e requited to pay up the
full amount of such shares on allotment; and as the Conn.any is
incorporated, they will be protected iroin turther
The affairs of the Company will be managed b. a Board of Di-
rectors, to be elected by the Shareholders, under the provisions of
deed to be signed by the Si.arelwitters ; which deed is to ue prepared
according to the form requ red by time Royal Charter of Incorpora-
tion granted to this Company.
Tile Plans, accompanied uy Mr. Cub.tt's Report, h .ve been lodged
with the French Government, and the necessary amount of caution
money d posited.
The proposed capital is amply sufficient for the purposis required,
parties having tendered ter the works wit: hi the amount ; but power
is given by the Charter to increase the capital, if necessary, by the
issue of new snares, to 200,0001.
It would be difficult to state with certainty the amount of reve-
nue which nisy be anticipated from the establ.shinent ef the Sub-
Marine Telegraph. Careful estimates have been made by pet soils
competent to undertake this part of the suojeet. telegraph
capsule of printing one hundred messages of niteen words each, to
olie litnalted conse- utive initiates; and if the whole of the commu•
nications between Europe, Great Britain, Ind- a, and Anterl.a, might
be supposed to employ right wires twelve hours a-da it would give
the large income oi 96,000-. per ma'am, at a tariff of one stinting
oily pet message of filieen words. It is believed to he no inure than
a f fir calculation to place the probable income at 2;,0001. per amount,
winch, of er ahowicg a sufficient amount for wocking expens:3 and
maintenance of Telegrapit. will return a very Lberal per cutltage on
the Capital employed.
The Pillow hig-oefttliabriflay be named from which a considerable
propor.ion of the revenue will De derived :—viz., UuVerninent Des-
patches of the diffeient comiLies; the Press, Eugfsh and Foreign;
the Public Funns; the Paris Bourse :did Lundon stock Exchange;
I,ankers ; Merchants; " Lloyd's " Correspondents ; the Markets ;
the India Mails ; the communication, of Manutactm ers , Ship-
owners; the priv .te Messages of iraveller.i, and other individulls;
in short, every description of intellgence that is capaule of being
conveyed by electric agency. Them call be no doubt that the ent
ploy ment of the fel. graph will progress as Its usefulness is estab-
lished, until, like railway s, it will !:ecoine a p litical, a commercial,
and a social necessity : and that the undertaking, which mi ht be
bright forward on national grounds alone, will prove to be a sound
corn-. er.ial speculation.
Copies of the Prospectus may be obtained, and applications for
Shares, in the following form, may be made at the Offic,s of the Com-
pany, 01 Messrs Davies, bon, and Campbell, solicitors, 17,
Warwick-street, Beg lit-street ; Messrs. Car. en and Whitehead,
Royal Exchange-.Juddings ; and Messrs. Lowades and burgey, 1,
Royal Exchange-buildings.
May, 1851.

FOR '4 ( F APPLICATION FOE SHARES.
Gentlemen,—l have io request that you will BALI to me
Shares, of 1/. each, in the Sub 31.Laine Telegraph Co.npany; and I
hereby agree to accept and to pay for the same, or for so many Shares
as shad be allotted to me, immediately upon the allotment thereof ;
and on tiot7ce irotn the S, cretary, to execute the Deed of Settlement
to be prepat ed in accordance with the Loyal Chatter incorporating
the said Company.

Name „ „ .•
Address and Occupation .... • • • • • • • • •
Reterence .. ••• • • •••••••••• '• '• '•
To the Directors of the Sub-mar ne Telegraph
Company, No. 9, sloorgate-street.

VIOLENT SHOCK TO TRADE.
Unreasonable pt ogle are complaining grievously of the
present state of business ; th y say they can sell not ing, and get
no orders; others are going on as if trade was at its best and doing
more than their sha e. Those who are doing nothing, find vatiou,
causes for their pauc ty of trade. o,e says it was the repeal of the
co!n-laws ; another says it Is the Great Exhibition ; a t irl it is tile
l'opish agsression ; a lairth it is the Kafir war; a filth that it is the
state or Fran e ; and so they run the gauntlet throu.4ll lit'y alleged
causes, while the right on. is kept out of view altogether. Giles t-eo-
a-head b tilt twelve eouses, Irom which he was to drive his income,
but being a wide ye er wit e .ut letting one hou-e, he consi iered
h mselt a loser of six hatuire pour is Lonleit hart overbu it itself,
to., many people live rin one house. Everbudy look lodg rigs o •ave
t xes the wledow they and twenty other cau es passed througheitles's
mind but a iteig..ts ur took the llbe ty 01 calling h s attention to
the real one —thee were ten pounds per annuli' too much rent.
Giles took the hint, thought four hundred :it'd eighty pounis was a
better income than nothin , lowered the rent, 11,4 let them all
imme latel . Besides that, ke frond his four hundred and eighty
pounds went quite as far as he once mad. sit huntred go and the
real cause of a large class suff, ring fur want of trade Is, that they
strug le against the change of cyst tu, they .111 stick for large
profits, and the day for large profits is gone by. Since E.
MOSES an 1 SON set the example of tra .ing with large capital,
and throwing all the advantages of that capital Lao the hands ,f
the publ c by aaopting small profits, it his opened the eyes of the
public to their true interest. Those who attempt t I trade up n
the old syste-an gradually lose their castomers ; but let any one
step into tile Establishment of E. MosES and sON, will they
see Anything like a paucity of business there? No. On the con-
trary, hundreds of hands are activ!lly employed, there Is an
immense stock of the finest clothing. in the world constantly going
off, and as rapidle being replace , and all arising from their being
content with small profits and turning out first-rate articles forty per
cent less tba.i used to he charger under the old system. It is nei-
ther the Papal Aggression, nor the repeal of the Corn-laws, nor the
Great Exhibition, nor tile Kafir war, or the state of France, that
people bad. It is the folly of at eniptieg
tmoakkeeespb4itliheesss).! Iltehmsoornflearge profits. -Trade has had a shock, but
it was electric, and should have been, awl would have been, beuell-
cial to onlysfl a 1 who,l
profits
tit
laikl aElikme,olsiaEd.; alailidacStoeds,parotoppetrelyd ;thheustysthteoisiie
on coed articles, and large returns, reaped the advantage of the
change, and the public will stand by them who set the example.
This Establishment will be closed on Friday neat, June 6.
s. handsome Almanac, tor the year 1+451, eau be had gratis, on

application.
The new edition of "Et erybotiy's Book, containing a full report
,if the late important trial, may be ha.l gratis, on application, or by
.etter, post free.
E. MOSES and SON have no connexion with any other house in
,o• out of London, except the tollowing :
London City Establishment, 154, 155, 156. and 157, Minones; 83,
84, 45, and 86, Aldgate, opposite the Church, all communicating.
London West-end Branch, 506,-507, ',ON New Oxford-street, 1,2,
and 3, Hart•street, all communicating.
Bradford " Yorsshire" lirabch, 19, Bridge-street.
Sheffield Branch, 36, Fugate.
Tailors, Clothiers, Hatters, Hosiers, Furriers, Boat and Shoe-
makers, and General Outfitters for Ladies and Gentlemen. -
The Establishments are closed from sunset Friday to sunset Sa-
tarda.Y. when business is rctsrmed till Twelve o'clock.
•
Id l'on pane Francaise. Qui si parla Italian°.
Hier spricht mail Deutsch. Aqui se habla Espanol.