The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-09-13
Projects for n Submarine Telegraph Between
Cuba and the United States.

From Fl Dlario de Ia Marina OF Bayaua, Aug Isl
The rst idea doubtless awakened In the bosom OF
every Spsniard reading the news which ced 10
the world the successfu realization Of the great prosct
the Atlantic telegraph, how and when the tele
and the peghborpg continent THAT the OF
Spain may be enabled TO receive daily news from the
Queen OF the Antilles Yesterday and to-day this idea
was the general subject OF conversation 10 our city, whilst
Ia Madrid since the first days of July 1t has furnished
frequent theme of discussion 70 the prees, and according
to reliable accounts has occupied also the attention Of the
government whose decision according TO the
pondence, believed TO be far advanced taat ap
peared beyond any doubt that CORRESPONDING
had been laid before her Majesty Ia Madrid the
must been known there that the Atlantic cable
between Vaienta and Newfoundland was already in work
ing order.
have solicited the concession OF ayiog electric cable
between this port and Florida, via Key West The FIRST
Ia exclusively Spanish composed OF many OF the
principal capitalists OF our city, the second Is ike Wise
Spanish, consisting Of merchants and capitalists OF BAroe
Iona; the third also spanish, organized here as limited
after having obtained the charters for the line
through tho States Of Florida and Georgia. has already
fourth spauish English American COMPANY Composed Of
American capitalists, whose interests represented IN
Madrid by Mr. Horace Perry formerly Secretary OF Lega
ton OF tho United States near the court OF Madrid Of
Spanish capitalists amongst whom found Messrs the
Duke OF Sevano, Collafo, Bayo and Gulermo Moreno,
and in connection with the one and the other the English
company OF the Atlantic Telegraph.
The press OF MadIid in general, aud in particular the
Didr.o Epdnol, Epoca, Discussion, El Clamor Public
ccnd paper La Epocd, informs that this later com.
pany have for their counsel S d. joaquin Francisco Pa
checo, and - their decided protector General Ziba
Count do who warmly supports the project Of the
mixed company laying great stress upon the proprey OF
the Atlantic Telegraph Company taking share and Of the
Spanh, Engsh and Anglo American interests being
bined in H. The paper ia Epoca) says that tue
Spanish portion Of the shareholders win have their dis
position the half Of the capital and according 70 our own
Havana the half Of the Spanish shares also 10
70 part Of the council Of administration residing in lila
vAnA.
On the other hand we learn that would not be difficult
10 arrive ai perfect understanding amongst the compa-
nies above mentioned whichever Of ihem may obtain the
concession that the representatives Of tho tho
other came 70 an agreement in Madrid, combination
might be made which would saisfy ali the competing
me most important for Us Ia that all those companies
offer and guarantee 10 the the Of avoid
ing any abuse, also that Of securing the promps reA
zaton OF the immense benefits which must result this
ISLAND from the establishment OF the submarine cable
The patriotism and enlightened views Of government
privilege win om nothing 70 render Il as proniabie a.
possible 10 the general interest and this definitely the
object Of our most ardent wishes.
Thus We hope In full confidence that OF the next
malls VIII bring US The dcanve resolution OF the govern
nent and thai Whatever that may be, 90 shall no
mense advantages which for he peace and progress or
our hemisphere 70 result from the grand enterprise
which has just been iDausarated bcwecn Tho two CONT
nents.
The press Of Madrid adds that d the idea ofshe mixed
company not only 70 esisbsh . tslcgraphic communca
u0o between Havana and Europe but also TO make the
nrss . great centre Of submarine teIcGraphic lines
Thai hlAnd be In immediate contact with the ether
Antilles and with Southern American Il ID therefore
possible, and probable that whoever may obtain the
cosceeson, those vews win DO taken into consideration
In according the adjudication concession, that
may also hope that the decision OF the government VIII
comprehend not only the benefits OF Atlantic commu
ncacn but also the very important Of extensive
electro telegraphic ramlncailon In our hemisphere.
FoRuGS CoSsris Tho President has recognized
Henry G. Tauterbach Censu for the free Hanse
OF Lubec II Boston; and Francis A. Hsufmanu Consul
Of The Grand nuohy Of SAKE weimar and the Duichy Of
9Axn CnhnrR. Gntha n ChlcaRn.