New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-11-10
TZLEGRAPHIC COMNGNICATION WITH
EUROPE.

We understand that to-day Geographic communica-
tion for business purposes, will be opened on the new
line just put in operation between this city and St.
Johns, NcwF oundland. This line has been built by
company of capitalists in this city, principally, ands
the American contribution TO the great trans lantic
enterprife which is destined in very short space of
time, to place the two commercial capitals of the
world in direct Geographic communication with each
other over the wires Of the great Transatlantic Tee
graphic Company. The distance from New-YOrk TO
st. Johns, n. f., following the Telegraph wires, is
l,7lj miles. Along part Of this dstance-namely,
from Ashpe Bay, n $, to Cape Bay, n. F., say 50
miles-a superior EnHish submarine cable has been
l. ID with the most hattering success. OF the whole
route, $50 miles from New-YorS to Nova Scotia is
under the control of the American Telegraph Company,
having their office at No. u Wall street. in this city,
and the remainder (S3j miles, including the subma.
rne cable is under that Of the Newfoundland Com
papy, of which Peter Cooper, esq, Of this city is
President, and heavy sto3khOder. large part Ct
the line on this route is new, and the remaining Por
ton has been recently overhaued and thoroughly re-
paired, and the whole is pronounced by competent
Judges to be tic most perfect and substantial line in
the country.
With regard to the submarine extension of this line
from Newfoundland across the Atlantic to Galway,
Ireland-a d.tance of about GOO mlcs-we have
some trustworthy information. We learn that the
project looked upon with great favor in Europe, both
by capitalists aud scientific men \ company has been
formed in London. under the auspices of Cyrus ".
Field, esq, Of NcwYork ana Sir John w Brett, the
distinguished English engineer who has already earned
IN extended reputation by his cminently successful
construction of several extensive submarine telegaphs
in Europe, including the recently laid down across
tie Mediterranean. At the frst meeting of this
rouv. held in London on tie 93d of October Over
third of the capital required for the completion Of the
transatlantic enterprise was Immediately taken up
and the wi ole amount could have been disposed Of on
The spot but for the previous determination OF tue
projectors 10 aypoTtion q share Of the stock among
the commercial capitals of the Continent We are III
formed that one Of the Rothschilds has intimsted
willingness 10 take the whole o. the Continental APP
potiouuent provided there should be any difficulty ia
dispcsing Of it in the manner proposed But no such
difficulty is apprc hended by the managers or the con-
trarv. their chief o'trouble would seem 10 be
Vow to dispose ofther stock 80 as 10 satisfy all the na
merous applicants fol 1t.
Al The meeting of the company alluded 10 above,
some discussion had to the feasibility oil The en-
tcrpr;se so far as tie successful laying oil the caoe
and working across the Atlantic was concerned. On
these points there seemed to be but one opmcn anu
that vas that the project would be Cared 10 sic
ccssfu accomplishment before the close OF the eAsuihs
sumner The distinguished Fog neers, Brunei anu
Stevenson and others If scarcely ess note have gwen
opinions favor O. thr precticaby Of the enterprise
and as a tes Of theig oohdltncc, offered to take pc
clIiaTy interest IN il.
On view Of the whole natter, takn. into ccnsid-
Grafton the voluntarily accorded opinions il it, favor o!
the most distinguished oogin,C,o aHl electricians, to-
seller with TIE eagemess wi:h which pecunary in-
.Iest in the enterprise il sought by tho loading capi-
oi-ts Of EuroPc may look upon direct tcleCragaic
c mv urictton between Ncr-Yo'k L)nlon and all
tho Continental cap ale % EnioPc as 0lu"-t f1i'
0oc1wJA. Within a year from this time We shah
probably be publishing daily ispstcbes ftOu Loai9O'