The Abbeville banner. [volume] (Abbeville, S.C.) 1847-1869, 1857-05-28
By DAVIS s. CREWS.

The attention Of. the public ia now direct
ed TO the enterprise Of connecting the new
,andsold world by submarine telegraphic
cable, and some account of what has been
done and what is proposed to do, will be
Interesting Ito our readers, The Niagara
viii be'assisted BY two English naval steam
ships aud the United States steam:frigate
susquehanna; and it is calculated that the
expedition will be accomplished in two
months from the present time; and that
Immediately thereafter, instant communica-
| ton will be established between the New
World and the Old. A New York paper
s contains an elaborate article upon the SUBJ
aject, from which we gather the following
facts This great enterprise was originated
land conceived in the United States, and was
Commenced about. four months ago by a
y small company of American capitalists:
In. the face Of all the objections that were
urged against it, they persevered with a de-
i termination that was proof against all dis
tcouFagement It was supposed by some that
the laying ofra cable across the bed of the
Atlantic was an utter impossbility, and that
any attempt must end in d.. niture and
disastrous pecuniary loss to those who should
eng ain the attempt But the New York,
/ Newfoundland and London Telegraph Com
pany was camposed of men who were not
to be deferred by such fears, and being once
convinced of the practcablity Of the under
taking, they entered upon it with will and
an earnestness that no obstacles could over
come. They contended that, if it were pos
sible to lay a submarine telegraph between
England and France, with proper means
and facilities, the same could be done be-
tween America and Europe; and these
means and facilities they asserted were at
their disposal. The task which they have
undertaken is, it must be confessed, stu
pendous one; but SO many things have con-
spired to favor those who have undertaken
it, that there is little reason now to doubt
of its Ultimate success. The company con-
sists Of hefollowing gentlemen, all Of whom
have been connected with it since its incor
poration:
President, Peter Cooper; Treasurer, Mo-
ses Taylor; Electrician, Samuel F. B. Morse
Directors, Peter Cooper, Moses Taylor, Cy-
rus w. Field, Marshall o. Roberts.
These gentlemen, about three years ago,
obtained a charter from the colonial govern
nent of Newfoundland, granting them the
exclusive privilege for fifty ycars CT running
A telegraph across that island and through
!! any of the adjacent waters. They also OBJ
! tained an appropriation of twenty-five thou
sand dollars for the construction of bride
path over the southern portion of the coun-
|. try. which was considered indispensable for
Sthe regulation sapd repair of the telegraph
YsIn additionsto to this, they were secured the
interest on two hundred and fifty thousand
dollars for twenty years, and a present of
!: fifty square miles of land, which the CON-
Z spany were allowed the liberty of selecting
s lin any part of the island. These, with the
other substantial marks Of the favor with
which the Newfoundland Government re-
garded the enterprise, were willingly be-
slowed upon: the company, with the best
ssSwishes,for their7access. A charter having
S;s;preyio ionsly been granted by the governments
aof Prince, Edward Island and New Bruins
4 wicksthe telegraphic conncction-or rather
the proposed route Of telegraph,c con
.
snection-bctween the United States and ST..
John, on the extreme western. point of New
+ Sfoundland, was established In the latter
! part The year, q complete communication
! = & & | 60 =: |; !: J
previously. \ a. - - 2 s.: g g
e Thna far tho cnmnan .had hoa,, o., c,,ooo'