The weekly hawk-eye. [volume] (Burlington, Iowa) 1858-1860, 1858-08-24

The decided success achieved In the laying o
the cable recalls TO our memory the desponden
i cy which but . few months ago peryaded IN,
minds Of some Of the earliest friends Of the en-
terprise, who were also among the heayics
| stockholders 10 the Company. We remember
that after the second parting Of the cable. NJ
Brooking, the deputy chairman Of the Directors
was opposed to proceeding any further In the
enterprise, and when he found be could no,
bring his colleague Mr.. Field, his American col.
league, and the acting manager to his way OF
| thinking, he resigned his position, and with
drew from all active participation in the pro-
| ceednRs.
Nj. 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 letter instead ur-
ging the Board to give up the enterprise as
failure, sell out their prospects and disband the
Company. Others OF the Directors were dis
posed to follow this, but Mr.. Field stood out
hrmly against every proposition locking to an
abandonment Of the work. lie was saupuine
Of success. He knew no such word as fail. He
oontended perseveringly and successfully against
the fears OF the croakers, and eventually thro'
the force OF his own character seconded by the
EFFORTS OF others, he succeeded in bringing q
majority of the Directors to assent to the third
There has been some curiosity to know who
are the American stockholders in the Atlantic
Telegraph Company, as well as the 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 tsnth. How much Of the remainder |
is owned in America we have no means at hand |
Just now to enable US to state
The following is complete list Of the Amer
can stockholders: @. w. Field, Peter Cooper.
David Dudley Field, A. Belmont, John G. Green,
William g. Hunt, G. Hunt, Jacob Little, A. N.
lawrence, Matthew Morgan, Geo. B. Turnbull,
s. d. Van Acken, Most Rev. John Hughes, Es-
ate Of Mortimer Livingstone, A. A. Law and
Bros, Duncan Sherman / Co.. W. a. Sale ca
helps 4 Co., Mr.. Z. w. Perkins, Z. r. Ste
ems, Saratoga Springs, VIM. Dow, Montreal.
There is very general desire on the part of
ne public to learn the degree of success which
ne electricians have met with in transmitting
iectrical currents through the cable since it
fas submerged, but rs yet we have nothing be.
ond an official statement from Valentia that it
as possible to receive from Trinity about 60
gnals per minute Ifthis is true it would seem
} indicate the possibility of transmitting BY the
Fstem of Prot. Whi,ehouse - words Of
Eerage length per minute, or by the system Of
ughes, assuming that each electrical impulse
~ DC mace TO print letter about 10 or IL
ords per minute. We understand that the
ompany propose to give Prof. Whtehouse
ave to test his system thoroughly, after which
'of. Thompson viii test his invention, which y
different from that Of Whitehouse, and after J.
N Hughes of New York will have an opportu-
ty to test the capabilities Of his invention, :
1ich is, we understand, about to be introduced q
one Of the lines between London and Liver :
ol.