The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1858-08-28

The Atlantic Telegraph having become a
fixed fact, part of the great machinery OF
tue world for the faciliation of its business
| and to help it forward in its general progress
it is now in order to consider some OF the
more obvious effects which it is likely to
produce. For convenience we will classify
those effects under three general heads, as
they are related to business, dip lomacy, md
social and political influence.
|. dS 10 business. 1t is obvious a
glance, that with the regular working of
the Atlantic Telegraph between this COIN
try and Europe, il will produce maEod
effect upon the business relations of the wO
continents. Commercial intcrchanges INST
needs be greatly simptitied, and their ost
and hazard cOrrcspondlngly Diminished
Honest dealers in cotton. breadstutis, &c :,
on both sides of the water, will be ableto
calculate with almost absolute certainty as
to the results of their operation, while he
sphere of mere speculation will shrinkto
very narrow limits. The Telegraph would
be the most stupendous engine OF monopoly
the world ever saw IN the hands OF specua-
tors, but fortunately, they will not be ale
to control it. Liverpool factors will rot,
under the new telcgraphic regime, account
late vast stores Of cotton and food on be
hazard of making a grand strike beiureor
Immediately after steamers arrival With
news calculated to raise or dcpress tleir
price in market, nor will American holecrs
Of these commodities move in the dark as
heretofore. The state of the crops, Of the
harvest, and of the money markets in he
two hemisphercs will be known simultae-
,,,l al.
can estimate the value of such information
as this to the world? The subject admits
of great amplifcation, but we must content
ourselves with IL mere glance at a few offs
outlines.
,. Is to diplomacy. The influence Of TIC
Telegraph upon national intercourse, espe-
cially upon that of this country and Eng
land, can hardly be estimated. Under the
old system of intercourse, the people of tie
two countries have well nigh relieved their
respective Cabinets of the task of settling
disputes, public opinion being in l cases
the final arbitcr: and it is easy to Sc that,
aided by the instant diffusion of int lligcnce
through the Telegraph, the lower of the
people will be vastly increased. Long wind
ed correspondence between astute seer ia
ries upon matters about which neither
Americans nor Englishmen care a farthmg,
will soon be at a ridiculous discount. They
are substantially one people; their interests.
their ideas, their destiny are the same; and
they will not suffer bad blooded officials or
laundering governments to cmbroil them in
strife. With the Press and the Telegraph
combined, diplomacy viii be strippedof all
its poor subterfuges and DISCUSSES, and right
feeling and common sense will reign in its
stead. And what is true of our dealings
with England will be measurably tue in
respect to our intercourse with the other
countries Of Europe.
3. as 10 social and political i7fucace.-
Steamships have done wonders in weaving
together the interests, the sympathies, ths
hopes, the aspirations, indeed, the whole
life of the two great branches Of the Anglo
Saxon race into one harmonious web. but
the Telegraph, by practically annihlat;nr
the ocean by which they are separated. will
bring them into into far more intimate re-
lations, and produce such results as We can
have but Il FAINT conception of at present.
when the strong and in, ,dicable sympa-
thies of race, the sentiments Of common
religion, analogous institutions and laws, a
common language and literature, and mate
Eiii INTERESTS lurHtlC;li throughout their
whole range, are all fused and quickened by
the magic of electrical communication, it
will require no prophet to predict an era of
harmony and good feeling, of which no Pc
Rod in the past furnishes any but the faint
est type. That the influence Of our experi-
ment in free government on other nations
Of Europe, will also be thereby greatly
strengthened, there can be no que ton
Our country will become better known to
those who are already looking toward it as
the beacon Of their hopes and commended
to the attention of millions who now have
only the vaguest notion of its existence
The Atlantic Telegraph will prove the must
powerful and eloquent of all preachers of
Republieanism, and cannot fail to hasten
the day when free representative govern
ment shall supplant every despotism in Eu-
rope. ~ s,E - - ..r IL .... ,s
But enough for to-day. The subject is
one that will necessarily occupy prominent
place in our columns hereafter.- Chicago
Press l. Tribune.