The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-09-22

since given her place in the foremost ranks of
dividend-payng countries. In amrasure, her con-
diiion has been favored by the small amount OF
debt aud the improved policy adopted by her later
Presidents.
In planciug over this fearful catalogue of ndebt-
edness, aud without intending by implication to
cast odiUm upon the character of most OF our Eu-
ropean investmenis-which have been, through
the almost universal perturbation occasoned by
the French Re violation of February, 1913, sngu-
larry well maintained, and their dividends faith
fully discharged-t must rouse the attention of any
casual observer TO the alulost unparalleled secrl-
fees suffered by the supporters Of the capitalists
no negotiated these loans. When we talk OF
the money that has been thrown broadcast
railways or into mining at home-which must,
through some channel or other, be the means of
invPoratng trade and creating a beneficial nu-
enoe, except at the precise periods when maoies
arise and panics follow--we should not forget the
large sums that have been contributed TO assist
causes not immediately connected with our own
affairs, and whlch, after having been contributed,
are never likely TO find ther way back, or the in
terest stipulated to be paid upon them hquidated
W. common punctuality.
E1tsn.fcn OF the Electric Telegraph to
h'"ncr, Ireland and America.
,r, FROM us Engish Mechanics Magazine
ihe hihehiOfa an electro telegraphic commit
ncdton across thN Straits between England and
France has been fora cgnsidera bic time toreseeD as
one OF the most natural III tram of consequences
resulting from the modern appi.,iion of elpctcitv
TO the Transmission of intelligence Os.een distant
parts. Ii line Of wire could convey IL, electric
impulse for thousands Of miles The stt, 80 of
the enrh-as il has done and is doing there coo.i
be nothing IN the nature OF things 10 prevent Il from
being equally efiicacious If carried under the earth,
or even under water granted always, what no
has been heard TO dspuc that il is in the power
Of art 10 protect the wire from whatever antago.
nis;ic influences it may be exposed 10 when laid
down under earth or water Trials of sub merged
lines Of wire had in fact been made with perfect
cess across the Thames aud thell 1son--b0tb toe-
Tably broad rivers andit not 10 be doubted that
what could he accomplished in This way for one
mile, could be accomplished !of thirty or fifty, or,
indeed any number iOf mites. IL was but, in any
case, 10 make the line Of submerged wire longer
To sink il, perhaps, deeper and, il deeper, TO pro-
tect il better. The simplest of things, however,
when carried out on large scale, require often, as
in this instance, for The doing o thes qualities OF
high ofder--grent enterprise, great perseverance,
great executive powers of construction aud dlTec-
uCn. IL vase great thing, assurecly, TO uudeTta &c
10 underiay sea OF some thirty miles WIDE with
one continuous lie OF communication single
break or flaw IN which would be fatal 10 the whole;
there was mex OF failure TO be- braved and ~ any
event much expenditure of money, time, and trou-
Bile, 10 be advenured the issue; aud beyond all
doubt or question, il Is erea! thing 10 have sue
cessiully accomplished. To all such honor as be-
longs 10 the performing Of great undertaking veil,
Messrs. Jacob and Jonn Brett the engineers of the
Dover and Calais line Of telegraph, sre richly ent
tied. The newspapers say that they have obtained
" The ex elusive right OF electric communication
! between this c)uniry and France for ten years.
We do not well zee how this can be, looking III
the lee1 difficulties IN the way; bat we are sure
that no reward they can have secured 10 them
selves will be 100 great for the pTodiyiOUs advdn-
iggef which they have secured by their individual
eXeItsns, not only 10 both England and rance, nut
To the world at large; for an electric telc gTaph 10
Calais, Is not thug which Will stop there. Ii il
telegraph 10 Vienna, 20 Moscow, 10 Constantine
pie, To lspahan, To Delhi, to Cilcuia--to the re-
hottest bounds, IN short, Oi Europe and ASA.
few years ago people laughed wbes Lord Palmer
predicted al al
British Association, that time might come when
the minister of the day beng asked 10 Parliament,
"Wheiher 1t wss trpe that war had broken out
in India ~ would reply, Wait an instant I'LL te-
] legraph the Cove nor. General, aud ! will tell
/ you" What was thought but good Joke ia Is.
| Is now, N lnsO, ~ The course OF being actually
| accomplished, and ere few years more, y likely
to take it, place anon ret the sober realities Of the
age Nor 10 the Old World alone need our views
of the GIiiTnG" progress Of Ct ectro-telegfdphy be
confined for, since lie English Ch4npel has been
crossed, the crossing OF the Irish must follow
next, ss but matter Of course and Ireland once
reached, there lief bet couple OF thousand miles
I oi water or 20 tetveen the Old World lad the
| New. We say "but," for afcr ell where IL the
| PRACTICAL difficulty Not ia producing the length
Of wire requiTcd Tor any length OF wne can be
! sprn--Bot IN covering aud Insulating the wigc !;
! for Thousands Of miles OF wire can be covered
and insulated juet as readily aud surely one
yet IN laying down, the Dover and Calais
perlnlt NJ has fully shown. The only real difficulty
m The CASE, We appIeheBj vii he &c find 3hP-roo.n
! ounce; but this u objection which vanshrs be-
fore the recollection % such icylsthan sructdtcs
! as the Canada am Great Butan. Besides, means
! may be found To effect on board the laying -town
vessel perfect 'uLc,cu Ui different lengths ct
I wire, 20 as To- allow oftwo, three, or more reels
I being employ ed. We assume, Of course, taat
bsuciy power sUucicui 70 transmit the electric
/ imlulsc through witg Cf some two thousdai
! mica lolg N al our conmard; bat though W. are
| not aware q any recorded experiments lhat would
| iustiy us IN taking the possibility Of this iif
/ gruntsd, We know that tis recently receiving
magnet OF morse is founded on the principle Of
counting for nothing the mcie distance the electric
message haste be Transmitted; and, ~ al events,
the Tact - one capable OF tentative determination
/ on land before single yart OF an Atlantic line
need he lid down. Tie ola aud New Worlds
/ being thus united. we should thea see the dean
! ol The poet even more thBn realised; thc earth
/ "rirdled rovud about net IA "f0rty mnuteA"--
bot IN tbousardth part Oi The time-a single beat
7 CT clock. What would an other triumphs Of
I human genius be 10 this Tune aud distance
I Eisnlp ehnihiinted throughout the bounds of the
/ planet which ~ inhabu A triumph only 20 b.
/ iranscended when The places shall themsc.vUs
! becin 10 teleprsgh one auOther-which i1 one of
The very few thnys which, in this eye q gri.
mirgclrS, enc would venture without hesiatign 20
say Will never halTen.
Ascent OF Moot Blanc.