The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-08-11
Dosphorus .............. .......... 1890
Gut of Canso, Nova Scotia. 1856
st. Petersburg to Cronstadt. 1856


St Petersburg to Cronsadt. 1856 10
The Atlantic Cable will increase the aggregate
to about 2500 miles.
RIGHTS AND PRIVILEGES OF TIE GOVERN
MENTS OF THE UNITED STATES AND
GREAT BRITAIN.
AS some misapprehension seems to exist in the
puolic mind in regard to the power of the British
so'etnneht 10 usurp exclusive control of the Allan
'ic teiegraPn' IN case of any unforeseen difficulty
sPrinslng up between the two countries, the New
ork Herald deems it appropriate to nubsb the
acI Vi congress authorizing the contract with the
company, and such portions of the act of ParIia
ment incorporating the "ompar, as apply to the
point in question. 81
THE ACT OF q tee of D
(APPRovED MARCH ,, premi.
An act to expedite Telegraphic "altimo ,nicat;or
for the uses of the Government e1i on The oreign
Intercourse 1en
Be it enacted by the Senate and House Mi. ,ra
sentatlves of the United States of America oil , n
gIress assembled, That the Secretary of State,
discretion, and under the direction of the Pres9 1T
OF the United States may contract with any t1 'u
petent person, persons association, for the ala %
the United States, by furnishing not exceeding tws
ships, In laying down submarine cable to connectl
existing telegraphs between the coast of Newfound
land and the coast of Ireland, and for the use of
such submarine communication when established bv
the government of the United States ON sucb terms
and conditions as shall seem to the President lust
and reasonable, not exceeding seventy thousand dol
lars per annum, until the net profits of such persnn
persons or association shall be equal to a dividend
OF SIX per cent per annum, and then not exceeding
nifty thousand dollars per annum for twenty fve
| years: Provided That the goyernmnnt of Groot
Britain shall, before, or at the same time enter
into like contract for those purposes with
the same person, persons, or association and upon
terms of exact equality with those stipulated bv the
United States: And provided That the tariff of nri
ces for the use of such submarine communication bv
the public shall be fixed by the Secretary of The
Treasury of the United States and the government
OF Great Britain, or its authorized agent Proyid-
ed further That the United States and the citizens
thereof, shall enjoy the of the said submarine
telegraph communication for all time on the same
terms and conditions which shall be stipulated in
favor OF the government of Great Britain, and the
subjects thereof, recognizing equality of RIGHTS
among the citizens of the United States in the use
OF SAID submarine communication, and the lines of
telegraph which may at any time connect with the
same at Its terminus on the coast of Newfoundland
and in the United States, in any contract so To he
entered into by such person. persons or association
with that government: Provided further That the
contract to be made by the British government shall
not be different from that already proposed bv that
government to the New York, Newfoundland and
London Telegraph Company, except such provisions
as may De necessary to secure to each government
the transmission of its own messages by its own
agents And provided further, That it shall be in
the power OF Congress- after ten years. to terminate
said contract upon giving one years notice to the
parties to such contract.
THE ACT OF PARLIAMENT.
(REcElvED ROYAL ASSENT JULY 81, 1871
Section 56-All messages and signals sent or for
warded for transmission and delivery for her Nains
ty or on her Majestys service shall have priority
over all other messages whatsoever and it shall be
imperative on the company, their officers and ser
wants, to transmit and deliver such messages and
signals accordingly, and to suspend the transmits
sion of all or any other messages until the said
messages and signals shall first have been trans
mitted: Provided always, That the COMPANY may
IN consideration OF guarantee or subsidy granted
or secured by the government of the United States
! equal in rate or amount to that granted by or on
behalf OF her Malesty's government, grant and ex-
tend to the government of the IT, States the like nr
ority for intelligence and for their service over all
othermessages and signals whatsoever except those
for her Maj jesty her Majesty service and after
they shall have so DONE and shall have notified their
| having so done to the Lords Commissioners of her
MaJestys treasury, the messages and signals on the
service of the government of the United States shall
thenceorward be entitled to- and shall have during
the continuance in force of any such guarantee or
subsidy the like priority messages and signals
for her Majesty or on her Majesty's service over
those of all other persons whatever, and thence
forward messages and signals for her Majesty or on
ner % Majesty service and those on the service of
! the government of the United States shall as be-
| tween themselves, have right of priority but
! be transmitted and delivered respectively in the
| order of time in which they may be respectively
| rendered for transmission and delivery
Section 62-At all times from and after the peri
Cd OF twenty-five years from the opening of the said
lines of telegraphic communication for the trans
mission of messages, whenever one of her Maiesty's
| principal Secretaries of State for the time beinr
shall be of opinion that circumstances render it ey
! pedient to vest in her Maiestys government the
control ofthe operations of the company it shall be
lawful for such Secretary of State by warrant un-
der his hand, to cause possession to be taken of all
the telegraphs and telegraphc apparatus of the va
rous stations OF the company, their licenses or as
signs, for the space of one week from the date of
| such warrant, for the purpose of preventing any
communication being made or signals given save
such as shall be directed and authorized by any
such Secretary Of State, and also by further
successive warrants to cause possession Of the said
telegraphs and telegraphc apparatus to be retained
from week to week, so long as any such Secretary
OF State shall deem such possession expedient for the
| public service Provided always That for every
week during which possession shall be retained the
company, their licensees or assigns shall receive
| from and be paid by the Lords Commissioners of
| her Majesty'S treasury the same amount of profits
as the company would have made in case they had
continued the working Of the said tclegraphs such
profits to be computed upon an average of the week
ly profits of the company for three months immcdi-
ately preceding the issuing of the first of the said
warrants.
1t will be seen from the foregoing acts that neither
government possesses any privilege which the other
| government does not equally possess. The sixty
second section of the act Of incorporation only COM
to take effect in twenty-five wears after the
opening of the lines, and when the gratuity to be
paid by our government ceases Then, and not till
then, can the British government exercise any ex-
elusive control over the telegraph, under any con-
tingency whatever.