The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-05-23
SUPPLEMENT.

~ Il.
70 THE SENATE AND HOUSE OF REPRESENTATIVES,
OF THE uSIrIB STATES OF AMERICA, ~ CONGRESS ,
ASSEMBLED.
The supplement to the memorial of the Magnetic
Telegraph Company. and the New England Union
Telegraph Company, respectfully represents
That since the memorial, TO which this is supple
mentary, was prepared, sundry publications Of the
Atlantic Telegraph Company in England have been
received, which show some modification Of their ORR
gnai arrangements, and tend to confirm the mate.
rial statements made In said memorial
The capital Of the company has been increased to
$500 600.
The reputed projectors OF the scheme have COM
muted their right TO half the net income over ten
per cent for $4,000 in the stock OF the company.
A publication. of which the following Il copy,
has been recently issued by their secretary.
ooPY OF PRIVILEGES ACCORDED voR ENCOURAGING rK CON.
ATLANTIC TELEGRAPH
l. Exclusive RICH, for 60 years 70 land telegraph cabcs
on the Atlantic coast an 1 shores OF Labrador.
2. same tight 50 years, coast Of Newfoundland
!: { !: { IS s s::' s ) ss; $:,.
!. Guarantee by Britain governmsai, Ga, 900, &c.
g. Susrsntce By United States r.y nmcnt &c.
IL. Exclusive trxc arrangements orer 4o 900 miles o.
existing telegraph lines in the United States aod Bfsh
North AmerscAn Provinces.
be valid, then the shores Of North America, from
Huison's Bay 10 the State Of New Hampshire. are
already barred against any other telegraph company
which may wish 10 extend line across the Atlantic.
None of these concessions, from to inclusive
were made 10 the Atlantic Telegraph Company. but
they ;-ere made to the New York, Newfoundland
ard London Telegraph Company, whose scat OF
power is in New York.
The nse made Of them in this publication Is fur
ther evidence of the identity in interest Of the two
companies.
There il, however, one important omission in the
Summary. &cn IL ~ the privilege of locating and
appropriating fty square miles of land in Newfound
land, granted by the Legislature Of that colony for
specific purposes.
The fifth Of these privileges accorded e mar.
ticularly notew )rthy II Is exclusive arrangements
over 10000 miles Of existing telegraph lines in the
United States and British North America"
Accordcd-by whom BY the American Telegraph
Company and their allies.
Already IL this statement be true, 10 600 miles Of
telegraph on this continent is bound by Exclusive
traffic arrangements" to this great Transatlantic
nopoly.
Doubtless this assertion conveys 20 the British
mind the impression (as well IL may) that all tele
graph lines in the United States have been brought
under the control Of the New York manager of this
enormous monopolizing combination, while, In fact,
II only embraces the lines controlled by the Amer
can Telegraph Company and their allies. But IL
proves by the most conclusive testimony the main
position taken in the memorial viz:-The combina-
ton OF parties in the United States with parties out
Of the United States, by exclusive traffic arrange.
ments, ITO monopolxe the foreign telegraphic cor.
respondence, and through the same instrumental.
ties the domestic telegraphic correspondence also"
Nothing could more conclusively show the identity
OF interest and management Of the Atlantic, New.
foundland and American Telegraph Companies than
this summary Of privileges &c.;" and surely With
the proTgnAd bounty q the British and American
governments, their arrangements embody power
which timid men might Justly fear 90 encounter It
Is against the oppression Of that power, composed
as II is in part Of foreign elements that the memo
riasts ask protection not only for their own bust
ness, but for the business OF the country as con-
nectod with the telegraph at home and abroad,
AMOS KENDALL, Chairman, &c.
ANSWER AND REM0NsTRANCE OF THE
NEW LINES.
TO THE SENATE AND HOUSE OF REPRESENTATIVE or
THE UNITED STATES OF AMERICA, IN CONGRESS
ASSEMBLED.
The snswer and remembrance NJ The American
Telegraph Company 10 the memorial OF tho Mag.