The Sun.
London, England, 1868-08-12 00:00:00

the Imperial Government of France, together with all
their rights under the concession from the State of Now
York, and the benefit of the undermentioned agreements,
and to defray all expenses up to the registration' f the
Company in consideration of 5,000 fully pia Shares, to
be allotted to them whenever the Cable shall have been
successfully laid, and shall have continued to work satis-
factorily for 30 days. They will also be entitled to receive
one-fifth part of the surplus net profits in each year, after
setting aside a reserve fund, equal to 5 per cent. of the net
profits, and after payment of a dividend of 10 per cent. to
the Shareholders. These contingent profits will, for con-
venience, be attached to a portion of the fully paid shares.
It will be seen from this that the Concessiodaires look only
to the success of the undertaking for their remuneration,
and for the tepayraent of the expenses they have already
incurred.!
Copies of the Agreements and of the Memorandum awl
Articles of Association, and of the Concessions, lie for ini-
spection at the Offices of the Solicitors of the Compa.r.y,
Messrs. Bischoff, Coxe, and Bompas, 19, Coleman-stree t.
Prospectuses and Forms of Application for Shares may
be obtained at. the Offices of the Company, Bartholomew
House, and at the Union Bank of London, Princes-street,
and their various branches.

COPIES OF REPORTS OF SIR JAMES ANDERSON,
SIR WILLIAM THOMSON, MESSRS. VARLEY,
CLARKE, FORDE, AND JENKIN.
London, 3d August, 1868.
B Emile d'Erlanger, Julius Reuter, Esq.
Dear Sirs,—With reference to the route projected for
the cable between Brest and America, I have recommended
it for the following reasons:—
By keeping in the 500 fathom line upon Milne bank and
around the southern edge of the Grand bank there is no
possibility of ice, or of any other agency that can be sug-
gested, injuring the cable. The northern edge of the
Grand bank was avoided, because it is uncertain at what
depth the icebergs ground. They are said, upon good
a uthority, to ground at times iu 90 fathoms.
It is not certain at what depth the vessels employed in
the seal trade may sometimes choose to drop an anchor
for t1.'43 purpose of keeping their station in the track of ice
!foes.
augers are avoided by the track chosen for the
p.Th°. oposei .f, cable, and lam justified by my own experience
in saying; 1,. 'at the track from the southern edge of the
Grand baui
to St. Pierre, and thence to the place of land-
ing in Ainerie.', is entirely free from any danger from ice,
and does.not ca. use any anchorage resorted to by the fleet
of fishing vessel&
the Milne bank and from the Grand
The cable upou
bank to St. Pierre, and thence to America (upwards of
id in water of such easy depth that
1,200 miles), will bell.
reairs will be a mattel of certainty ; and we aro justified,
from the soundings whit.'' already exist, in affirming that
.the deep sea portion can be no
the depth of water along.
greater than that in which the present Atlantic cables
aro laid.
I anticipate, from the sourra.'ngs about to be taken by
the French ship of war, that a good deal of favourable
ground will be found from bank to the Grand bank
of Newfoundland.

I am, dear Sirs,
Yours faitlfittlin
(Sinner]) JAI:IE,I ANDERSON.

London, 4tle. ,August, 1863.
Gentlemen, —At your request we have much pleasure
in handing you the present rep irt on the* cable recom-
mended by us to he laid from Brest to St. Piort.Ca, and from
St. Pierre to the coast of the United States.
The deep sea cable adopted is almost exactly' to
that used in 1863 and 1866. The great merit of this form
is its strength, both absolute and relative to the 'rains
required while laying the cable. The actual stre,igt:t of
this hemp and steel cable is 71- tons, while 1113 strz, in re-
quired for submersion need not exceed 14 cwt. Eve,_ if it
should b 3 necessary to haul back any portion already ht-ie,
the strain need not exceed lf tons in the deepest water:
The strength is, therefore, amply sufficient to meet all I
contingencies, with a margin quite as great as is allowed in
any ordinary engineering construction or operation. We
need hardly remind you of the experimental proof which
has been given that this form of cable can, even if broken in
the deepest water, be recovered by dredging, but we take
the oppsrtunity of expressing our deliberate opinion
that this success was not fortuitous, but that the experi-
ment might be repeated as often as required with a like
result. The power of transmitting messages through long
submarine lines is no longer a matter of °doubt, and the
laws affecting their transmission are well understood. We
can promise with certainty that through your enlarged
core you will be able to send twelve words per minute,
and by improved methods of signaling we expect to in-
crease this minimum considerably. Te length of your
cable, which will be in deep water, will be no greater than
that of the existing cables, and it will rest on the same
smooth and safe bottom. The shallow water section will
be a heavy cable, protected against rust by a bituminous
compound, as used for the Persian Gulf cable. The route
avoids all considerable anchorages and all danger from
icebergs, and should any interruption ever occur on this
portion it can be repaired with certainty and rapidity.
In conclusion, the strength of your cable is such as to
render its subtnefsion a safe operation; the route to be
followed is eminently favourable, and a good commercial
speed is certain to be obtained. You secure the advan-
tz.ge of a direct communication, and the risks you run are
not greater in any way than those already surmounted.
We are, Gentlemen,
Your obedient Servants,
WILLIAM THOMSON, HENRY C. FORDE, and
C. F. VAIILEY, FLEEMING JENKIN.
LATIMER CLARKE,
Messrs. Erlanger and Reuter.