New-York daily tribune., 1858-08-21

.,?x;,s "A vs hsye been ssd, 10 common VITA 'h-
80 the pub.ic-srd surely 30. wi.1oaf ve:y piacsi
~ ,sssc,Lto something ike despair, Do, indeed o.
% Ultimate succe,s of tie Undertaking, oct OF l's
snccess With the exciting DscbreIy eno oIuer cDoF
tjops sppJerty 60 uDfsvoIsoe. ~ Ns9 ~. I'm.
| rsI 20 sppren.pd ios, a cable snc' nsu pai.ea
br.tom of the sea srd again wiinio 'e 'oeI
Of The stern of the .sssl tn,t sss paying !. 1ut
would never be stretcbed in safety sc'oss ,,e A,,t1
tic. But y lest hss beer scccn soi 'ns s1n
OF lie .urprse is only TIE sreh,ef TO PIE 'lo11 asip
nc;p,u.rt ard uncertainty. Although tne wes.Es'
ras nnfavorabls tie csSs seems u have bssn p..i
ont .i,h II greatest regularity tue 90 .niy oi csois
d charged from the two snips oei 'ns ssme tVe'y
6s1 yi,hin fen rnss. On toe tsst tFo d:Js tae
sDyonTt nsd ont by esch ship 1ss about l3O .uicai
lies or a. the rste Of bstEssn I'VE aod SIX niles "a
hnor On n. let Of August each ship osif out l|O
sntics m.s or at the rae ofseven nsutc, ntle5 50
- On tbe seoon3 this was iocrssset % seven
nspti al ues ana five eghtbs 20 t1sf the resI seems
| to fto~ that grester spssd can De a'HiSe tito
safety thsp had been cseolstsd on we as 70 tns'
9oos cLss bet toe s1ios but a c1urse
xs usit with mech anxiety m)Ie prtci,e ioiO-c.a3n
ss 10 the rspiai.y Of connunicston that ns' been
| lbs 'BtaiLed. -.
great enierpe upon triGm sucoe oy shica,
st., 20 tnsr delays sud ossp ppointmens, they have
teen rev srded. II lie oifcnlt 50 suddenly . resize
| the uspuitude Of the event voich hss just tsksn
nlsce the accomplishment Of THE mighty feat con.s
uuon us rot il the grsdus ard tentative manner 10
which most fc'erilfc exploits hsvs BEEN performed,
but With rspicy woitpy OF the agent winch l. en-
| Love The steam engine, the other grea, discovery
Ct our tine, has beer perfected little oy Little, AID 10
| ope can exactly ssy when il that each OF the
,rjunphs which il has succe'sively achieved
| became possibis. Practice vas 20 far anead
pued strongly against the possibility Of re-
tuls and we're not refuted by counter Arguments.
but BY the accomplishment Of those very re.ulH tue
possibility Of w6ich they had deIied. With 10 At
aLtc Telegraph has been Just the contrary Ihs0ry
had shown the prac.csbity OF toe line, but practice
sgeed fniteIy behind i. lDssad Of pIoceediDg oy
GLOW dsgr.es, the projectors have eaped at once 10
cigar tic success. We believe correct 10 statng
that 800 nj es OF telegraph have before bsen
successfully laid under water, aud yesterday we re-
ceyed intelligence that a communication Is fuiy es'
tablsbed beneath , OOO miles OF stormy ocea9 under
sUperncun bent mass Of water the depth OF winch
nay be calculated in NILS. Only now, when II MSS
succeeded We able fully TO realize the magn.uce
and the hsrdibood OF the enterprlse. over wnat
speed mOuI ranges Is that slender thread ioiced
in what deep oceanic valleys does il rest, when tue
fash hcb csnes the thought Of man from one con-
tnent 10 another darts along the wrei through what
stIsrge and unknown regions, among things bo~ IN
csuth ard wil0 must il thread its way IL brings US
up tidngs from the vast abyss, but not of the abyss
itseH, but Of men like ourselves who dsel beyond
Since the discovery Of Columbus nothing has been
cOEe IN any degree comparable TO the vast enlarge
neDt which has thus been given TO toe sphere OF hu'
nan activity. We msy, now that this the most diff
cult PFC bem Of al has been solved, De justified IN an-
cpstrg that there is portion of the esrths sur
face which may OF be placed in iDmediste communl-
cstion With us. We know tbat We have 10 our hands
the means Of practical ubiquty. Distance as
gIoupd Of uncertainty will be eliminated from the Cal
culaon Of the statesman and the merchant: 1t s no
violent pIesumption 10 suppOse ths; within very
h or period sba be able 10 present TO our reafers
every morning intelligence OF wnat happened the DAY
before in every quattr OF the giooe. me Aomlialy
will know to within few miles the position OF every
chip in her Msestys service. The Intelligence OF
CeffIe war or an Indian mutDy will reach Us be.
fore the first blood that has been shed is cold,
ard we shall be able TO ec)nomize the whole time
~
We see with net unnatural satisfaction that the
advantage OF the discovery will be the greatest to
those countries the possessions Of which are the most
remote and therefore, that England hes ore to gain
than any CT her rivals. More was done yesterday for
the consodstiou of our Empire than the wisdom OF
our Statement tie hbersty Of our Legislature, or the
10y atty Of colorists could have Effected Dis
taIce between Canada and Epglsn lie annhilated.
For the purposes Of mutual communication and OF
good unoers aiding the Atlaotc is cred up, and we
become IN reality well az in wish one country Nor
can any one regard with indifference the poeiton In
wboh the Atlantic Telegraph has placed US IN regard
to the great American Republic. IL has half undone
TIE Declaration OF Ib and gone far TO make US ence
again. in epite of ourselves, people. To the ties
OF common hood. lsDgusgs and religion, TO the le
gitmste association IN busiEceo and complete
pathy 80 many subjects, is row added the faculty
Of staLtaneou us communication which must give TO
all these tendencies to unity an intensity which they
never before cOulo possess.
We are most happy that il has fallen 70 the lot OF
this country to carry out an enterprise which human
ature s 70 deeply interested III concert with the only
other nation tue globe in which the flame OF Science
is fsnned and kept alive by the breath OF Freedom.
Let those who assembled st CSerbourgto celebrate
snot er development in the art of destruction and to
t6fe the inauguration of fortress svowedy deeigned
TO threaten the independence and property oil these
ItlsIds reflect en- tie true nature OF the enteJprite
which hes thus been executed, ana turn from the con-
temptation of Science degraded into the handmsd Of
slaughter and devastation to Science applied TO her
legitimate Office the coneilistor the benefactress
ard the enbghtener Of the whole human race. mil
Mem bv has ryeAted (herbOurp. rae
dom sr commercial enterprise have made the Atlantic
Telegraph a1d they have nothing to blush for in the
From The Timo CITY Ar,iclsl
The Atlantic Telegraph shares OF + ,O0O each
which weio yesterday offered at 1910, Immediately
advanced ths morning, receipt of the telegram OF
success, TO q nominal quotation OF 600 to tSOO
Later in the day it was found that holders were ex
reney firm, and tie final price was tSS0 to t92O
The first through message from Nes-iork is now
awaited with the utmost interest, and most persons
connected with the American trade sangune OF the
permanent impulse it will give TO the commercial in
ercouse of the two countries, and the economy will
slso effect by frequently preventing the proftess ship
ment backward and forward of goods or specie
As the Niagara is announced to be in Trin
ty Bay, Newfoundland the oonnexion with New
York will most likely be established with great
land runs from St. Johns, ikirtng Trinity Bay, to
Cspe Ray on the other side Of the Island; thence
there is cable TO Ashpee Bay, Breton Island which
connects with the lines through Nova-Scota and New
brunswick and the United States system down 10
New. Orleans. The working Of the land line Of
about $50 miles across Newfour dsnd has not
hitherto been quite satisfactory, but answers ordn-
ary purposes and there is an intention ultimately to
avoid it by running submarine cable from Pscentis
Bay to Cape Breton. The insncal and general posi-.
tion Of the Atlantic Telegraph Company now appears
TO be follows:-Tneir original psd-up capia, was
.t350,O0 and this; has since been Increased 70
Ei56,0e0, an additional E3l,O00 having been
raised short time back, and f75,O00 in share.
having been created to be handed over ir paw.
ment for the exclusive privileges assigned 10 the
ComnauY immediately ON the succsssfrI cnnnnia-