The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1856-12-24
From the Philadelphia Ledger.
A PROFITABLE TELEGRAPH.

lne slocK is ABOUT oil taken, and will, be-
yond doubt, soon be at premium. Every
feature connected with 1t has been already
tried and proved, before step has been ia.
ken, so that il starts off with success guaran-
iced in every possible form and contingency
Ia scientific point Of view, it has been test
ed by actual experiment on the land, and
the demonstration made clear tha, the cur.
rent can be sent along much moreexteud.
ed line, while il is also known by actual trial
that the isolation oan be maintained as per-
fectly under water as above.
In commercial point of view, ii starts
with guarantee of four per cent. on the
whole capital stock, from one customer
| alone, the British government, which cannot
be reduced below 8 per cent. for twenty.
five years to come, and not 10 that, until the
whole income is six per cent. 1t is true,
that Tor the larger sum the British govern
ment has right 10 about six messages per
day, costing s35 apiece. For all over that,
il will have 10 pay the usual rates. 1t has
also priority over all customers, except the
United States government.
England will find this cheap and profita.
BILE bargain for herself, saving much money
in the transportation of troops, sc. FAEs7O,-
900 per ucnum, she 10 put in momenlary
communication with the whole of the Cana.
das, Nova Scotia, Newfoundland and New
Brunswick, and. ahova ali,.Tiih her Minis
ter at Washington. This also will be the
channel of intercourse with her West Indian
possessions, which win soon be connected
with the telegraph system of the 4nl,sd
States. Thus she will be kept in instant
communication will oil her Governors, her
troops, and her fleets.
The United Sistes government will, per-
haps, not pay quite so much, and yet, when
the absolute necessity is considered of the
government at Washington being able 10
communicate as rapidly as any other power
with it's agents in England, France, Spain,
Germany, in fact, all over Europe, and with
lis fleets in The Mediterranean, there can be
no doubt that, 10 secure equal advantages
with the British government, nearly simi.
lar amount might well be paid. Olher gov
ernmenis will come next in point of dignity
and precedence, probably, ihnagh nc. in
poin. of the profit they will yield avowedIy.
But Spain must communicate with Havana.
and all governments with Washington. Tno
newspaper press will afford one of the most
certain and rapidly increasing sources of rev.
enue. If the charges are high, il is probably
that, al first, there will be some associated
press arrangement, by which the markets
and most important outlines of the news will
be transmitted each way. This cannot hold
for long. Mammoth papers like the London
Times will want their special columns daily
from their own correspondents. Our own
journals will not be found deficient in this
kind Of enterprise, nor should we be surprised
il in six months one line has more business
than il CAN perform, and other wires have to
be land. Besides this, the private communi-
cations Of business men will be immense.
The large houses of New York and London
will want 10 communicate importan, tra6sac-
lions daily. Brown, Bowen & Co., and
Brown, Shipley, & Co., Hope, and Roths-
child, in fact, all the really large houses,
dealing either in stocks, exchange or pro-
duce, must, and viii have almost daily cor
respondence in cipher.
And not only between N. Y. and London
but from Chicago 10 Calcutta, and all in be-
tween, will make use Of this, the sole high.
way of lightning and Of thought. Paris
and ST. Petersburg will have their CONNER
cial announcements TO make 10 New York.
The arrival and departure of almost every
imporlan. vessel will by degrees come to bo
notified, and hundreds of inquiries made af.
ter every one delayed at sea. Besides COM
merce, friendship and family lies will re-.
quire the use ofthe telegraph for some hours
in each day. Whether parties will ever be
married by telegraph across The Atlantic
may, perhaps, be question. I, is said
such things have happened in this couulry;
bul soon, at least, the day will arrive when
every other sort of agreement will thus be
made. Fat Alderman in London will send
10 New York and 10 the West Indies for the
finest turtle OF the season, regardless of ex.
pense, and Dr. Dyasdus will send in his bid
for some rare old manuscript or volume 10
be sold that day iI Vienna, or Paris, or Lon.
don. The Mayor of New York will be in
viting the Lord Mayor o! London TO BAN
quet in the Crystal Palace, len days before
hand, and the Governor OF Canada and Lord
Palmerston will be able 10 sit in their Offices,
one in Quebec and the other in Downing
street, be put in communication, chat aud
touch glasses by telegraph on the Queens
birth day, as they drink her Majesty health.
With all these sources of revenue, the line
must be grand success pecuniarily, if il is
only decenlly managed. Deep down in The
depths of the ocean, the sparks of Lightning
will flash along the wires, and across from
end TO end in less than quarter Of second.
There will be no night then, for fresh relays
of operators will work it without cessation.
OF course the whole thing will be conducted
more expensively than If The. Yankees had
hold of il. Such things always are on Brit.
,sh ground, butit win be done substantially
and reliably well. There will be. no way