The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1858-08-26
The Atl.nt,c cable.


The decided success achieved ia the laying
Of the cable recalls to our memory the des-
pondency which but few months ago per.
vaded the minds Of some of the earliest friends
Of the enterprise, who were also among the
heaviest stockholders in the company. We
remember that after the second parting Of the
cable, Mr.. Brookling, the deputy chairmaa Of
the directors, was opposed to proceeding any
further in the enterprise e, and when he found
be could not bring his colleague Mr.. Field
his American colleague, and the acting man.
sger to his way Of thinking, he resigned hi.
position, and withdrew from all active partic.
ipation in the proceedings.
Mr.. Brown Of Liverpool, another Director,
was opposed to any further proceeding Of the
enterprise. He would not attend the meetings
Of the Directors, but wrote q letter instead,
urging them to give. up the enterprise as .
failure, sell ont their prospects and disband the
Company. Others of the Directors were dis
posed to follow this, but Mr.. Field stood GU,
firmly against every proposition looking to an
abandonment Of the work. He was sanguine
OF success. He knew no snch word as fail
He contended perseveringly and successfully
against the fear Of the croakers, and eventual
~ through the force of his own character sec
GUIDED by. the efforts OF Others, he succeeded in
bringing majority Of the Directors to assent to
the third trial. The result fully justifes his
auguries. s..,.t.,, As
There has been some curiosity to know who
are the American stoc < holders in the Atlantic
Telegraph Company, as well as thu amount Of
stock owned BY them. The last question we
cannot answer fully. The whole amount of
the capital is 100000 pounds, of which Mr..
Field owns one tenth. How much of the re-
mainder is owned In America we have no
means at hand just now to enable us to state.
The following il a complete list of the A.
merican stockholders; G. w. Field, Peter
Cooper, pavid Dudley FELL, A., Belmont,
John c. Green, William G, Hunt, g. Hunt,
Jacob Little, A. M. Lawrence, Matthew Nor
gan, Geo. B. Turnbuil, b., H. Van Acken,
Most Rev., John Hughes, Estate OF Mortimer
Livingstone, A. A. Law and Bros. Duncan
Sherman& Co. w. A, Sale &.Co., Phelps &
Co; Mr.. f. w. Perkins, Er. R. Stevens, Sar-
atoga Springs, VIM. Dow Montreal
There is a very general, desire on the part Of
the public to learn the degree ofsuccess which
the electricians have met with in transmitting
electrical currents through the cable, since it
was submerged. but as yet we have nothing
beyond an Official statement from valentia
that it was possible to receive from Trinity
about 60 signals per minute. If this is true it
would seem to indicate the possibility Of trans
hitting by the system of Prof. Whiiehouse
81. words ofaverage length per miaute, or by
the system Of Hughes, assuming that each cleo
trical ,mpalse, may be mada to print a letter
about 10 or II words per minute. We under
stand that the Company propose to give Prot.
Whitehouse leave to test his system thorough
W, after which Prof. Thompson will test hi,
invention.i which is different from that of
Whitehouse, and after him hughes of New
York will have an opportunity to test the ca
pabilities Of his invention which is, we UNDER
stand, about to be ictrsduced on one Of the
lines between London and Liverpool,