The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-21


ing IN lhs dockyd Il Dsvoapo showed that tbs eject
o. the detention Of the electricity in passing through twas
70 dimnsh The rapcy Of tranSmson 70 twenty separate
sssfacsory 70 nad that me Of the wire
prolonged the intervals still beyond the usual rate
time sSFoush single wire This tslegrspa cable may
seem but very inadequate means, aster ALL or effect
rg correspondence between Europe aud America II Is
win mot convey words faster than Eve in MI
nus but st that slow rate much important bust
might be transacted and upwards Of three hundred
mted IL the course q twenty -four hours the
would answer q commercial specu alton tue cable
snas u for
cation with America Its successful establishment
be followed by several other enterprises which, bsns
ntinx BY the experience gained laying down the rs
tee graphic wire assured Of the possibility Of trans
mtng electric signals TO that distance, will proceed
CommSueaon OF which The single ns now successfully
aid down is the glorious precursor.
From the London Telegraph (nswspapor) August 81
truth to be heightened By osapponsmsnt ana
rupposrg that assumption 70 be correct the directors
q the Atlantic Telegraph Company must haze been IN
oeived the Welcome intelligence that their cable concern
&c which 80 many conflicting opinions had been I'D
vanced, actually laid, and that there were good ss
nAls between the Asamemnon already returned to Va
lenta and the Niagara which had arrived in Trinity BAY,
be So sessn.,edor course dspcses OF ali the sinister
Inquiries and elaborate Arguments by which ii was en-
6eavored 70 prove that cable Of The peculiar consruc-
could never it, intended purpose. At prsaeat
we are told little more than that the American yes
ether; but that alone sufficient to show that the
es.B sss s h'
luton Of continuity" subsequently occur-sucn :
not inyadate the presen. still less would form
any argument against renewed attempts until permanent
result ia attained How was that with the same cable,
and a. far known, with the mechanical appi
arces the experiment proved this time fortunate, when
en- the two ioimer occasions wss decided failure we
account for it, since the despatch which conveys the
happy states that has been very unfavorAble
since the third trial the job accomplished
the mechanicArs and cable ior about IT, fer though
sfirst spsce'' was mads midway between the Old and
New Worlds, In less than eight days sisnas we're
changed between TIE two vessels ter arriving ~ their
respective destinations The directors or the company
entitled all credit to be derived from courage and
They not cisheartenei BY two costly
after meat other persons had lost faith in s CAPABILITIES
resolved venture third time and the event has proved
their calculations to be well founded TIE interest taken
in tie ssue OF the experiment vvlcly shown by the
commorcn created IN the city BY the news Of b SUCCESS
and still substantially by the speedy rise IN the value
per abare suddenly adronc<do romlfslo TO FL 00o Nth
every 1qe.psrt Of further increase in polae
The great teesraphc problem having been thus far
solved the point for consideration whether 1t will
be pay ing enterprise. No doubt large portion the
inter attached TO independent OF the question of
profit since the importance Of electric communication be-
tween England and Amsrca cannot be rated 1t IS,
nevertheless, ss speculation that Is brough! before
the public and % such must be considered. 1t is
more Than line must be laid Gown This, however, Is
TO be regarded a. the principal ccuy the "rst
has been taken, and logically follows that. il one
rope be safely submerged, second would be q
much easier achievement, since the attempt would
be made With all the advantages Of previous experience,
end, IL may be added, Of previous mistakes II has
already required two series Of plumbers before the
Of sinking could be brought to perfection and though
accounts, have doubt II will be found that she lucky
resu has been mainly owing to improvements in pay ing
OUT The former machinery was pronounced too COM
pick and elaborate and with the stem OF checks
breaks in operation, 1t s not very surprising thai the
was uncersccd that good deal Of the paying
chrery was TO be thrown overheard and this atenon
Was acted uIon II probable enough that the SUCCESS
just recorded was thereby greatly promoted.
Recurring, however TO the business part or the ques
ton IL is obvious that the amount OF dividends TO
shareholders will depend upon the facilities afforded 70
the commercial community for irtercommunicator The
governments OF the two countries may, and doubtless
w do much TO favorable result to the specua
pubic. Looking at the commercial interests involved
several lines Of communication will be required since
Is only by this that messages could be transmitted
in Sufficient number TO produce soodly revenue. Then
there the question CT charges, which 20 OF the Anne
rican journalists are celebrating at the fabulous rate,
II mistake not OF SEVERAL dollars q word, a gum
which would amount 10 absolute ntsrdcticn 10
moet cases, though might lead to marvellous ooncs,n
OF style in the communications actually sent Such
"fancy prcee" Of oourte, could not be maintained
would IL answer II they could. With moderate charges,
nevertheless, here every reason - bope tina. the AZ
lartic Telegraph Company will be numbered With the
prosperous class OF underiakngs, az undoubtedly de-
10 be, only account OF the gnude OF the
enterprise sS and the vas. essen's e.ea 70 co,fer
have been developed 10 larger extent than In any other
part Of the world, mould be ye, closely linked to
geher by toe wondrous electric agency which 70 bs the
MEDIUM OF their wants Wishes must be viewed not
only a. triumph Of scientific skill, but great gain 10
humanity An rolmodi, no l,ss than commercial inter
course IL rdle scll BE- dcnonsraed; oil mistake and mis-
Hnd.rstcndicgs ciil Be susceptible Of ssiemen,
ohen he telegraph ires IN n operation; and had
SeTetay TO hare srchar9ed fee oOTsous messages viii
General Cas-, docles nc irritation caused ~ hs TOO
5 Isss q c s', ,Ss , o." S ,os, CRUISES on As
eo,lir period u p possible, indeed, that tho
cable now happily laid down may be sometimes
made the medium Of angry and defiant ussives between
wrsthful Ministers; but = rule, we may safely anlici
pate that The messages destined for transmission,
whether political and dplomatc, or merely mercantile
will be Of pacific Character and conro butte 10 the a,a
tenance OF cordial relations between the countries
because they will tend 70 promote their mutual interests
watched with couble interest but the great difficulty hxv.
ing been suroun,ed, the remaining obstacles need
cstion much anxicy No doubt truth existed that cable
would ulimstely be laid down, the only question being
10 the illness Of the that selected though
successfully submerged, does not follow that smother
pose The best Kind Of rops for spanning the IL
SIN open question and the experiments OF c9nps
ny may 70 far 10 resolve a. In the meant me- we cannot
but congratulate the directors the Of ope
rstlors ind have only 10 express hope that he
work that has been 20 well begun will have betting
summation.
From the Liverpool Journal, August a.
The electric wires have been called, poetcsly a1d
scientifically. akmd Of marriage ring between the two
courtrcs for electricity operates o1y circle the
term "frg not altogether nspplcabie Oas religion
and common language promise bappsess 10 the unoo:
and. fortunately, there the additional incentive 10
welded love the deep interest which each party has in
the welfare Of the cther I'VE thirds OF the com merce OF
the world sppertan 10 Great Britain and America and
this commerce will increase as population increases aud
while st ng trade throughout the universe the trade
between Englsnd and America will for be paramount,
The part Of this trade refers cotton and az both
countries may be considered slmoet exclusively interested
In the growth and manufacture OF that plant immense
benefit VIII be derived for both By what may be Goa
sidered instantaneous cat0n between the great
msris OF trade In q week two, shall know In Tiv
erpool each day what they doing 10 New York and
New Orleans and the merchants in Wall street will