The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-10
eoprsct upon giving years notice 10 the parties TO
such contract.
THE ACT OF PARLIAMENT,

THE ACT OF PARLIAMENT,
(Reo.ived royal assent July n, 1857
Section Ss-A messages ssd signals TENT or forwarded
for transmission and delivery for her Majesty or on
Msjesty service shall have priority al other mes
pony, their ocers and servants TO transmit and deliver
such and signals accordingly and 70 suspend the
o. an Ts OsS s un e
Provided always Thas the company may In confederation
Of guarantee or subsidy granted secured by the 60
that Tapsd by behalf Of her Msesty's government
grant and extend to the government Of the United States
the se priority for Intelligence on and for their service
those for her Majesty her esy service and af
ter they shall have so done and shall have notified their
s treasury the messages aud signals ON the service Of
the sover neDt OF ns Tinted saos shall theuceforwar
be entitled to- aud shs have, during the continuance in
as aases and sisnas for her Msjeaty her Ms
sois Whatsoever, and .Asnoelcrs ward m,a,sS. ana
signals for her Majesty, OF on her Majesty 9
refvice, and those on the service Of the govern
ment Of tbe United States sha between Themselves
have right Of priority, but De transmitted I'd delivered
respectively in the order OF tine in which they may
respe ctivey terdered for Transmission and delivery
Section e2At oil times from and a'ter the period or
twenty five fem the opening Of the said ues Of
teleeraphic communication for the trsnsmss!on Of
asgs whenever Of Majesty principal Secretaries
OF State for he time being shall pc OF opinion that crcum
stances rtroer expedent 10 ves In ner hsjestys gov
erbment The control OF the operations Of the mpauy
sbal be lawful for such Secretary Of State by warrant IN
teegrapbs and eegraphc apparatus OF the various sta
tons OF the company, their Licences assigns for the
spree et oae week from the dae Of suc vrsnt Tor the
signals given, save such shall be directed and auho
zsd by such Secretary OF State ard also By further
successive warrants to cause possession or the said tse
graphs and teegraphc apparatus bc retsned from week
TO week long such Sec cary of state sha deem
suh possession expedient for the public service Provided
shall be retained the company, their licensees
signs sba receive from and be paid by the Lords co@ms
fits the company wopld have mate IN they bad
continued The working u the sad eegrspbs such profits
to be computed upon an average of the weekly profits Of
the company for three months Immediately preceding the
Issuing of the first of the said warrants
Nw be from the foregoing acts that neither gov
erDment possesses any privilege whcn the other
ment does not equally possess The sixty second section Of
the aot OF incorporation only commences TO take esc 10
twenty five years after the openir of the oes and
the grstuity to be paid by government Then,
Ard not till them the British government any
exclusive control the telegraph, under hny c,stn-
gency whatever.
ORIGIN OF THE OCEANIC TELEGRAPH
In pctioe, in yesterday ISSUE OF the
under which the ocean telegraph originated We had
reference particularly to the organization Of the
companies under which n has been brough. 10 success
full accomplishment The idea Of an elcclris telegraph
across the Atlantic was broashed and discussed some
years ago in England; bat effective step sken 70
carry into execution 1t ia but fair however TO mention
that the formation Of the New YORK, Nsvfoun tland and
L0poon Telegraph Company ip 1854, V wti,h we re-
ferrcd yesterday grew out OF the failure OF aconp,Dy
which preceded It, called the Newfoundland Telegraph
Ccmpany, orgnized in 1852, by Mr. Frederic Osborne
for the purpose OF ting ST. Johps Newfouadlsni
with tie continent OF Ameffca, ana which was ocorp)
rated ny toe Legislature OF Newfoundland, and srsancd
for short time by capitalists IN this city,
These having suddenly Withheld their support very
,akn ispeed, leaving Mr Osborne in Circumstances o
greet emit arrssmept after having not Only a. great per
topsl hazard snd with much labor expo' ei 'he rome
the Island 10 1851 but the two years
devoted hs tine aud IN the prosecution ri
the work. 1 wss amid the difficulties anu enbarisss
eDts n which be placed ira, Hr. GsSnrue, IN tha
winter OF 1854 oTougst the mater under tae notice Of
Mr. Cyrus W 81 H. eho took 10 band enlisted power
ful asa in rs support, enc ootsined uss mncl
mere ext nded charter from Tire government OF New
fornd'aDd, hsvitg reference net Only 20 the con
aeciiun OF that isand with this coatnent, b1
with Europe. Mr. Claiborne nc'ed a. tho engineer o
tho coz pany In he complexion o. the lins Nos
fturo'ann A. yet, forcver, no actual progress hp
been msce ovsI ds establishing the ocean telegraph
1. rot Until the su.Smn o. 1856, whtn Mr. tied VII,
Rad procee led 20 E>gisud for the pGpe by great
TORS and perseverance, IN encDg the forms
ton Of company for accomplishing IN costly
and haza dous enterprise. Oftns c'mploy, IN which nt
took D1rtcn o. the stick, he has been the
life and soul ~ the esrnest and reported solicitation
the share holders who committed their interests entirety
10 him, he bed the chief msnssemept ano n his
dor ard devotion 20 the cause, 10 bis iDio'aple energy
urttr Die asters in the face n which seemed
madness 70 perseyere the ba triumphant suc,css
PTovide CO, IN due; and - him IA cheeruly pad. BY
two grateful IONS, the high honor he emlneuy do
gervts