The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-12-28
The Atlantic Telegraph.

The London Times the following remarks city
article upon tho Atlantic telegraph
The question the replacing OF the Atlantic telegraph
cable Is likely 10 be decided in a few days The company
have made application 10 the government for guarantee
of4 per r531 o0, subject the conditions
that Of the Red Sea ne this has backed by
memorials signed by the leading firms only OF London
but Of Manchester, Liverpool, Birmingham, Leeds, Hall
Tax, Bradford, huh, Glasgow, Paisley and Norwich. Sup
posing 10 be granted contracts will Immediately be con-
cluccd for cahe and any negotiations that may be
thought desirable with the American government will
subsequently, be entered into No attempts can b. made
with any prospect Of success lit the old cable until the
return Of cain weather the end Of April May, and
even under the best circuns ancss INC nxpcciatins WIN
regard To the operation not favorable Mean ~he has
been definitely ssceraincd that the existing damage
at the shore end The efhe new end has been com
peted 10 distance of twelve miles out from Vaana, and
the portion taken up found TO be in perfect condition
for all electrical purposes. Experiments lately undertaken
by person previously with the enterprise
strongly support the original inference that the main fault
s about 40 miles from the Irish coast at depth proba
bly,, OF 900 fathoms Thcr" Is also fault on the ohe
side, which thought b, about 800 miles from New
foundland. Currents however, still continue TO be
ceived although of a Kind feeble and uncertain as To
be useless for any practical purpose Al present the eie
graph IN charge Of Mr. Henley who is manufacturing
appai such his experience the spot leads him
to hiuk may yet bly, lead To- some results but In no
could there be hopc Of achieving permanently any
satisfactory communication otherwise than by entirely
line. After the unanimous expression Of opinion not
merely by the commercial towns but the people al arge
that the the nation should allow fail
be presumed there little doubt OF the required help
being accorded, subject such stpulaons may pro-
tect the general interests Of the pubc Among other pro-
visions modification in the construction o the Board
might perhaps be advsltareously demanded
The London Aetcs, both IN s city article and editorial
comments ulon tho appeal to The government expresses
the hope that the application, supported IL by the
most influential In commercial circles, will be
granted.
GALWAY AND AMERICA AND THB ATLANTIC TELE-
oRAfH.
An important special meeting of the Belfast Chamber Of
Commerce was held Dec. tor the following purposes
To consider what support the Chamber should give to
the establishment of pacset station uctweca Ireland aud
America. t. consider tn proprety of supporting the
pcalon Of the Atlantic Telegraph Company the govern
ulsnt for guarantee on fixed am0unt Of CAPT
"a for the purpose of completing the wofk OF Atlantic
sent accompanied by Mr.. rny Miles OF New York. and
Dir. Alfred -. Richards, Of London.
Mr. lkyER made icnethcncd slalemeni u the opera
tons Of the undertaking FAR OF ts present position
and future prospects, urging tue Belfast Chamber OF
Commerce 10 IFS influence with government for the
grant q an adequate postal subsidy 70 the line.
Mr MuEs followed
After important inquiries had boon pu, by the
president and members of the late chamber series OF
resolutions strongly supporting The project we're unan
mouEly carried.
ing the motion OF Mr.. WILLIAM BoTovIY rcsolu-
Commerce 70 memorszo government 70 give guarantee
FOR moderate per contagc the capital required
irrespective Of risk The precedent Of the oi the Red
Sca telegraph strongly urged By Mr.. Roomly and IL
the feeling ~ the meeting that the Atlantic
Telegraph Company had stronger grounds for cx
pcctnk such government counenanco II promote the
completion Of this most important enterprise.