The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1856-11-19
T~eiegraphic Communication with
Europe.

We understand that to-day, tele
graphic communication for business pnr
posses will be opened on the new line
just put in operation between this city
and St. Johns, Newfoundland. Thi.
line has been built by a company of cap.
i~talists in this city, principally, and is
the American contribution to the great
trans atlantic enterprise, which is des
tined in a very short space, of time to
place the two commercial capitals of the
world in direct communication with each
other, over the wires of the great trans.
atlantic Telegraphic Company. The
distance from New York to St. Johns,
N. f. following the telegraph wires, is
l7l5 miles. Along a part of this dis.
tance, namely, from Ashbe Bay, N. s.,
to Cape Ray, N. F., say IS miles-a
superior English submarine cable, has
been laid with the utmost SUCCESS. @Gf
the whole route, $50 miles from New
York to Nova Scotia) are under the
control Of the American Telegraph
Company, having their Office at 81 Wall
street, in this city, and the balance
1885 miles, including the submarine Ca
ble) are under that of the Newfound.
land Company, of which Peter Cooper,
ESQ.,, of this city, 10 President and a
heavy stakeholder. A large part of the
line on this route is new, and the re-
naming portion has been recently over
hauled and thoroughly repaired, and
the whole is pronounced by competent
judges to be one of the most perfect
aud substantial lines in the country.
With regard to the submarine extern
sion of this line from Newfoundland
across the Atlantic to Galway, Ireland
"a distance of about 1000 miles-we
have some reliable information. It is
said that the project is looking upon
with great favor in Europe, both by
capitalists and scientific men. A com
pany has been formed in London, un-
der the auspices of Cyrus w. Field.
Esq , of New York, and Sir John w.
Brett, the d~istingui-ed English Engi-
neer, already famed for his successful
construction of several extensive subma-
! inc telegraphs i'll Europe At the first
meeting of this company, held in London
OIL the 2ad of October, over one third OF
the capital required for the completion
of the Trans atlantic cute, prise was ilu-
"Cuia'SIy ihhSH up, dhO tHc NfoiS
amount could nave bcen disposed of o.
the spot, but for tbe previous dcternIin-
alton of The projectors to apportion IA
share Of the stock amongst the
cial capitals of the Continent. We uu-
derstani that one of the Rothschlids
has infatuated i Willingness to take the
whole of the cohtiEcnt-upportionmc"t,
provided there should be found any dif
iculty i'll d:sposlng Of 1t, in the manner
proposed.
Al the meeting of the company, aliu-
do | 10 above, some discussion was had
as to the feasibility of the e~utcrpr!sr, s'
far as the successful! laying of the cable
aud working across the Atlantic was
concerned en- these points there seems
to be bat one opinion, aud that was,
that the project would be carried to "
successful accompl;sed before the close
OF the ensuing summe The distiii-
glishcd e, necrs. Druncl aud Stephen
5 m, aud others of scarcely less note.
have given opinions III favor of the prac-
ticability of the enterprise, and, as u
test of5sheir confidence, offered to take II
pecuniary interest in it.-JournaI Of
Commerce..