The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-12-28

United States Is now awaiting ratl1caflon by the
Senate; and France has likewise seen and appre-
ciated the Importance Of that connection. Aus
tralia and all the Polynesia islands are budding
into life, and give promise of greatness not in
ferior TO that of ancient nations
We repeat, therefore, that our government and
people should keep an intelligent eye on the
course of affairs in the East. There is destined
to spring mp trade which will far outstrip that
which we carry on with the nations Of Europe.
The advantages are in our hands if we only
know how to use them intelligently.
The Ocean Tclegraph-rrom Wall Street 20
London In less than No Time!
AS the ocean telegraph line is now almost
fixed fact, few details rs to its working ar
rangements may not come amiss. There are
still many people so unthinkiDg as to inquire
what is the practical use Of telegraph across the
Atlantic ferry /; and others Of practical
turn Of mind, ask how much will it cost us for
messages? In the first place, the revolution in
the newspaper world will be something astound-
ing. When Parliament is in session we shall be
able to print in the HERALD OF the next day as
much Of the proceedings Of the British Senators as
may be interesting to the American public. Par
lament usually gets up at two o'clock 10 the
morning, but as the difference in time is about
five hours in cur favor, we shall receive the do
ings of the sages OF Westminster at about ten or
eleven o'clock in the evening, New York time
that being several hours before adjournment and
quite as early as we generally receive the pro-
ceedings of Congress. The transactions in stocks,
the closing price in consols the state Of the cot
ton market, will be sent from London and Liver
pool every day ct three o'clock 10 the afternoon,
and will be received here before noon, forming the
basis Of Wall street operations for that day-in
other words, the doings of the London Exchange
win be known in Wall street before Change hours
here and will be published in the papers of the
same evening before they are laid before the Bril-
tish public. Transactions or the Paris Bourse
will be sent in the same manner. The advan-
tages OF this to our mercantile community can
hardly be overrated, while the reading public
win be kept an courdnt to all European affairs
What will message cost! is very important
question. The British government, guaranteeing
the company patronage to the amount Of seventy
thousand dollars per annum, has fixed the maN
mum rate at four shillings sterling per word, -
one dollar Q. federal money. This win b. dN-
ded between the stations as follows:-From Lon.
don to Cork, sixpence sterling; across the ocean,
two shillings and sxpence; from Newfoundland
to New York, one shilling. The difference in
these rates and those Of our inland lines may be
readily perceived by the following calculation
We published day or two ago an abstract of
the new treaty between the United States aud
Great Britain in relation to Central American
affairs. This abstract occupied a column Of
small type OF the HERALD, and was teegraphed
from Washington to us at an expense Of seventy
five dollars. Now, II after the ocean telegraph
is in working order, one Of our London cores
ponden!s should happen to see an equally i'm
portant document, and should send us an abstract
OF equal length, we should astonsh Downing
street at an expense of two thousand dollars
and II would be worth the money. And wi le
our government hesitates about paying seventy
thousand per year to the line here is chance for
a single despatch to the HERALD for which we
should pay two thousand.
The thousand little messages practical or ro-
mantle, bullying or begging, pathetic or anus
ing, savage or afectonate, announcing arrival
or departure, illness or health, wealth or poverty
which are constantly flying from one end OF tn
country to the other, making the batteries leap in
unison with the pusations of thousands Of hears,
viii be sent at the same rate. A despatch which
costs forty cents from Boston TO New York will
cost ten dollars from London to New York.
our readers are already aware that the route
has been surveyed at the expense Of the United
States, and that all the reports agree a. to the
practicability OF laying the cable upon the great
ocean plateau. The new cable is two-thirtls
smaller than that which was lost last summer,
and II will undoubtedly work much better. Lieu
tenant Bergman, who sounded the whole route,
states that the lightest instruments we're found TO
reach the bottom with the greatest certainty, aud
as to the safety Of the wire, the bottom Of the
sea is believed to be as quiet and peaceful az an
infants slumbers The route ia Maurys great
circle line, and is far north of the locality where
all the ice accidents have taken place, and the
greatest depth is little over two thousand
fathoms The British government will survey
and sound the whole route in April next Ia
July two vessels will leave the English coast
with the cab.e--a mile Of which weighs ton.
After reaching a point equi-distant from both
tefmini, the cables viii be joined together and
sunk. The vessels win then part company, the
ono proceeding to the Irish coast and the other
10 the American, paying out the cable as they go
along. The whole work Of laying the wire can
be done In week, or two weeks at the outside
We have thus briefly jotted down few facts
In relatinn 10 thia tie greatea Undertaking of