The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1858-08-14

49,.
A New York jsurnai, amid the general dMss'uua
upon the saiJ.ct Of the Atlantic Ts'esf.2'. .aa
the shouting Of HosAnnahs to Mr. Cyrus ". f,eid,
Who sagacsousiy projected aud skiifal'y ana perse
vertueiy executed that wonderful enterprise mas
csamness enough left to remark with excellent
senses.
ssuoce,s-ossen seensiug 10 be sheer luck
aakea the difference between Alexander, the cop
persmith, and Alexander The Great. Two weeks
Cyrus W. Field been asked by a stranger our opin-
ion Of him, the answer would have run somewhat
sftsr THE Ashion "A right good fellow certainly;
but too saugulos-in fact, rather visiopary. After
DO had made pretty fortune " close attention 70
bssinesss hs must jump iuto tets Atlastio Tele-
graph snrerprise. and Il has used him mp. II has
swAmpsd hin pscuaiariiy, aud damaged bic rspn.
tation Tor business tact and sagscity; 20 fear u
viii - hard with hin and his large iaiaily hence
birth,
Evssyshiue that drifts With the tide 10 now
chanting the praises Of Mr. Field, and At the same
time bslittiing his achievsmsat by prstsndi ng TO
have always believed be would succeed We dtd
DOT hsiievs this--had scarcely hope OF It. We
felt confident that there would ystbe telegraphie
communication between Europe and America but
after the experiments OF the teiegraplsic nees 10
the Bay of Biscsystill more after he return last
month from its second decisive failure In mid
oceAn--ws considered the undertaking all out
be regarded - purely ProviaentIsi-thas ten just
such fleets. laden with just such coils Of wire and
such machinery - were last on board the Niagara
and AKAmemn0D, may start Tor Ireland ~ inter-
vais through the most favorable portion otthe nexs
twelve months, and the chances are decidedly
against one OF them effectia telegraphic COM
munication betwixt the two shores. so much the
more. therefore, do We honor the courage ana cool
mess which impelled MIR. Field and bis hackers to
persavere in the attempt to lay the cable this sea
son, Ia the face OF encouragement more formidA-
bic than attended the sailing and voyage OF Co
lumbus in bis memorable quest Of New Word"
The same Journal says, that ~ there was but
eleven hundred miles Of the cable on board each
vessel when they started, 1t 10 obvious that osly
the good fortune Ia weather and every other
incident saved them from the disaster Of having
paid out the whole cable while still ont Of sight Of
land In fact, at the rate the cable was paid out
10 .mid-ocean Tor some days After starting, this
catastrophe was inevitable; bat after reaching
comparatively shoal water, the loss or waste Of
cable fell OF from forty eight and twsntythree to
six ana even so low IS four per cent. Twice dur
Ing the passage the electric current was lost, or
nearly 80, BY the Niagara, bat was regained after
some hours of effort. In the later instance, the
obstacle to communication yrs detected in one of
the coils on board the vessel On the whole, the
success of the enterprise is more than wonderful.
ann--
NICARAGUA AND THE UNITED SfAfYs.-A CORES
pondent Of the New York Times, at Granada,
writes that the rumor that the United States Go
vsrnment was about to blockade the ports of Mica
ragua, had created quite sensation there Gen.
Lamar. our minister, had protracted interview
on the ed ult. With the Nicarsguan cabinet, and
informed them that his Government was about to
take decisive measures In the pending questions.
Fine Rains-Crops-Ee ligi0us Meet
ings, dc.