The Sun.
London, England, 1858-06-18 00:00:00

THE GREAT INDIAN SUBMARINE
TELEGRAPH COMPANY (Limited).
ALLAN'S SYsTEbtS.

Capital 1,000,0001., in 50,000 shares of 201 each. Deposit 2s. per
share, to be pafcl on application.
No further call will be made I,ntil an adequate guarantee from her
. .

➢lajesty's Government has been obtained.
DIRECTORS.
Edward Barnard, Esq., Agent General for Crown Colonies
John Chapman,'Esq., Chairman Great Southern of Indic Railway
T. Wingate Henderson, Esq., Director Bank of Australasia
lames Pilkington, Esq., M.P., Blackburn
Gilbert Smith, Esq., late of Shanghae

(With power to add to their number).
CONSULTING ENGINEER—James A. Longridge, Esq ,C.E.
ELECTRICIAN AND ENGINEER-IN-CIIIEF—TIIOIII23 Alllll, Esq , C.E.
__BANKERS—Union Bank of London.

BROKERS—Messrs. 11.anYi.SttitOrt, 22,1t;ZExchange ; ani
Robert Allan, Esq., Edinburgh.
SECRETARY PRO TEM —S. J. Cooke, Esq.
Temporary Offices, I, ADELPIII-TEIIRACE, Strand, London.

PROSPECTUS.
A telegraph to India is not simply a commercial speculation.
Upon the broad principles of political economy it is, in this respect,
an engine of government adminiAtration.

The first consideration, therefore, ought to he how its functions
as the annihilator of time and space, can be m st speedily and
economically brJught into operation between Great Britain and

Such an undertaking has, therefore, a powerful c'aim on govern-
ment for a working guarantee, for which application has been made,
with every prospect of success.

The object of this Company is to establish direct telegraphic com-
munication between London rod Bombay, by a chain of submarine
lines from Falmouth to Gibraltar, Malta, and Alexandria, thence
via the Red Sea to Alen and I, dia.

Tne practical utility and economy of the electric telegraph can
only be accompltshed by system and continuity of action. The sta-
tions on such a line should therefore not only be important but few,
thus reducing the first cost and risk in laying the submarine lines,
materially econ mnising the working expenses, and consequently
perrnhting of such a low tariff of charges as would at once ensure
a large and increasing amount of traffic. The cost of a message
between the termini would thus not only be reduced to a minimum
comparatively, but the expense, delays, and espionage of the foreign
lines of telegraph across the continent of Europe be entirely avoided
—an object the more to be desired, as any telegraphic system of
communication with India, based upon such a connection, must be
practically valueless, if not mischievous, to the Commercial com-
munity.

Telegraphic communication with the vari,,us stations on the l'ne
is also of the highest importance, not only to the commerce tut to
the government of Great Britain.
Besides these main elements and evident sources of traffic—the
forwarding of all the intelligence to and from the more distant points
of commerce in the Pacific—Ceylon, China, and Australia, although
they may not, for a long time to come be reached by the electric
wire, wonld of itself create a large inerea e of through traffic over
this Company's lines.

Mr. Allan's systems of electre-telegraphic submarine communica-
tion give to this Company the exclusive right t the most effective
means at present known for producing an electric force capable of
working through extra long distances of submerged wire ; a sub-
marine rope or conductor, the mechanical and physical attributes of
which render such submarine undertakings practicable and compa-
ratively easy of accomplishment, from the simple fact of its specific
gravity being such that it cannot destroy its electrical integrity
during submergence, as has ()warred with others in great depths.
By the adaptation of these systems there will be relatively an
economy of 40 per cent. on the first cost of construction, besides a
saving of more than 50 per cent. on the working. The cost of a
short message, therefore, from Loud en to Iliiiinbay need not exceed
505.; but say But the cost of messages, long and short distances,
between the Company's stations, average 40s. ; then, estimating the
transmiss'on of despatches, &c., at the low rate of 15 messages per
hour, and assuming, from the difference in longitude between the
termini, 20 hours as the working day, an aggregate amount of trans-
mission equal to 15 messages per hour, at 405., would give an income
of 219,000/. per annum, while the working expenses need not exceed
20 or 25 per cent. of the earnings. This estimate is made on the
supposition of the whole chain of communication being constructed
in continuity.

The financial and other details can be inspected at the registered
office of the company, I, Adelphi-terrace.
Applications for shares may be sent to the Brokers, Messrs. R.
and J. Su'ton, 22, Royal Exchange, amt Robert All ,n, Esq., Edin-
burgh, in the annexed form; but no application will be considered
unless a deposit of 2s. on each share applied for is previously made
to the Union Bank of London.
In the event of a guarantee not being obtained from her Maje ty's
Government, the deposit of 2s. per share (less the expensa incurred)
will be returned to the allottees.

FORM OF APPLICATION FOR SHARES.
To the Directors of the Great Indian Submarine Telegraph Company
(Limited).
Gentlemen,—Having paid to the Union Bank of London to your
credit , being 2s. per share on shares in the above Com-
pany, I request you to allot me that number ;of shares, and I hereby
agree to accept the same, or any less number which may be allotted
to me.

Name
Profession or Business.
Address • • . • • •
Date • ~ •. • . •• • •

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