Daily national Democrat., 1859-11-02
One of the Grandest Projects Of the Age.

One Of the Grandest Projects Of the Age.
Major Collins, the great steamship projec-
tor, has set on foot one Of the most important
movements Of the present age He designs
establishing telegraphic line from the City
Of Moscow. in Russia. to San Francisco. His
entire plan is set forth at great length by him.
self In the New York Herald. He designs
to run the line first from Moscow to the
mouth Of the Amoor river, 1000 miles next.
from the mouth of the Amoor to East Cane.
on Behring's Straits, $500 miles; thence
across Behring's Straits, by submersion. 40
miles, to Cape Prince Of Wales in the Russian
Territory of North America thence to San
Francisco. $500 miles. Total, l2,O4o miles
Afterwards it may be extended from San
Francisco to any part of the United States
From Moscow to the Amoor, the country is
mainly we'll settled. Between the Amoor
and East Cape, the country is settled to the
Anadyr river which empties into the Gulf Of
Anadyr in the Sea of Kamscatski. From
Cape Prince Of Wales to San Francisco, the
least settled region would be the wild coun.
try occupied by the Indian tribes under the
control of the Hudson's Bay Company, or
rather the successors Of that Company.
The cost Of the line is estimated at two
millions and a half dollars
To maintain the line Major Collins allows
one thousand men, at an average Of ten or
fourteen miles apart. Their salaries will b.
$500 year each, making in oil $500, 900
One hundred stations at 81 900 will amount
to 100000. Interest on two and q halfmil
lions capital, at seven per cent, Sl75,00
contingencies 100000; grand total expen
ded S675,oO0 year. The following is hi
estimate as to income: 1900 messages q day
OF ten words, at one dollar word, is 81, ,O0(
day 3lS working days will give t626, ,OOC
equal to one column in the New York
Herald daily. Of two thousand words, at e.,
900 day. to the press Of Europe, the United
States and Canada. s62e, 900. Way business
counted certainly low, both ways, east and
west, including Chinese and japanese news,
would be $780, making grand total Of
Sl,6O2,OOO. This gives us the working cost
of the line at $675,OO0; receipts. 81. .502, 900 f;
profits, 1927 .O00 II the business Of the line
is not calculated at too high figure, tho line
would maintain a cost Of ten millions Of dol
lars. and pay eight per cent upon that a.
mount Of capital"
This line it is supposed would be favored
and assisted by Russia and all the principal
Powers of Europe and Asia, because it
would be to their interest to do so.
The Canadian Parliament has taken the
initiative in lending Governmental approval
to this grand scheme, by granting Charter
of Incorporation to the Company established
under the advice of Major Collins, and known
as THE Transmundane Telegraph Company
The Company consists of Sir Geo. Simpson,
Hon. Lewis T. Drummond. Hon. John Ross,
Hon. John Young, Hon. Antoine Annie Dorion
Hon. Luther II. Holton and Perry Med. Col.
lins, Esq, together with such persons as may
be received as stockholders, under the regu-
la,ions Of the Company. The charter gives
them the right straight through the Canadian
Territories to and from any point which may
suit them. The capital of the Company is to
be two millions of dollars, in shares Of elOC
each. with power to increase the sun to four
millions of dollars, If necessary.
The charter contemplateS the extension ot
the line through the Canadian provinces
down to the mouth Of Fraser river, (by con.
sent Of the Government of British Columbia)
along the coast of the Pacific Ocean to the
Russian Possessions in North America, to-
gether with such lateral lines or branches as
the Company may wish to construct The
Charter also provides that the Company shall
have power to amalgamate with any com.
pany, board or persons. possessing ns pro-
prietOrs any line of telegraphic communica-
tion connecting with the said company's line,
either in Canada, the Possessions Of the Hud.
sons Bay Company, or any other British
Colony, or in the limits of any foreign State
or Power, whether on the Eastern or the
Western Continent
A scheme of such stupendous magnitude
and Of such perfect practicability is worthy
of all attention. The only obstacle with
which the wires would have to contend is
the extreme cold, but experience has proven
that electric communication is less disturbed
in cold climates than in warm. The Atlantic
Gable lie, in measure, as yet. an experiment.
but in this plan the passage is altogether
transmundane, with the exception of tn,
crossing of Behring's Straits. forty miles. q
distance which amounts to nothing. for sub
merged cables have been successful over O
much larger extent.
We hope to see capitalists take hold of this
great work at once, and urge it through.
LATER FROM Tue NoRrH-By the steamers
Northerner and Brother Jonathan, later ad-
vices have been received from the North.
Gen. Scott arrived OF Portland on the 2lst OF