New-York daily tribune., 1859-07-29
GREAT BRITAIN.
THE ATLANTIC TELEGRAPH.

On Tuesday a nurnerousy attended meeting Of in
fueniGi citizens Was held III Glasgow-James liannan.
esq in the chair-ior the purpose ot hearng sn al-
drets from III. Right Hon. james Stuart Wortey rel
alive 10 he pretep' position and prospects of the A.
lan'ic Telegraph Company.
The Chairman said lie believed the gentlemen pres
ert were All Of the object # the meeting, which
Was sIu ply 10 explain the po-on Of matters with ref
.rence 10 the grand rational stenp TO span the At
lautic The attempt formerly made had been 80 tar
successful which clearly proved that the work could
be nphshed, and wGs the duty OF our na'ion 10
carry out that which would prove highly aiyanta-
g.r1s to il. He merely introduced Mr. Stuart Wort
-, the chairman Of the Atsntic Telegraph Company,
who wouc explain its position ani prospects, and lay
before them such d clear statement a., he h0pel,
would induce many ia Glasgow 10 take shares Ia II,
and thereby prove the interest they na1 IN this nsonal
undertaking.
MIR. Stuart Wortley then addressed the meeting at
great leDgth. He gave lucid hs'Ofy of the former
expsIiueDt-its partial success aid ultimate failure
hrd then entered into detailed ststement oil tie new
project. Having stated the terms Of Agreement be-
tueen the Company and her Maesty's Goverunsnt,
Dir. s. Woitiey proceeded to say, that with the vie"
oi enh.Ig the sympathy aud Interest Of a. classes It
Lad been esoy 10 reduce tbs amount of shares 10 II
each. New officers were appointed, among whom
were Iatimer Clark, {. T. engineer, ard Nh I. r.
Varley a. consulting electrician. They had enlisted
The feelings Ct some Of the most Distinguished scientific
men Of tbs country, and succeeded 10 pr0viing no
,fal humber Of gentlemen. who, although unwilling 10
lie named ofiic-rs Of tie Company, rad allowed Their
names To be published az 8 Consulting Committee,
with OH they would advise to the preliminary e1-
periments to be made before layitg toe new cable.
Tiis Committee consisted Of X. Stephenson, NJ. T.,
r. Il. :, &C.; Ismbard h. brunei, +. X. y, &c;
Edwin ClaTk, esq G. f.; G.. I. Bidder, {. T.;
John Hsaksha~ c t.. james a. Longriige,
C. T.; Professor Wheatstope, =. l.. >; aud
Nilhsm Allen Miller, VI. D., +. K. ;. Professor
Wm. Thou whose name 80 e1ineuty associated
Nth this letional undertaking, had likewise consented,
Oh retiring from the direction not 70 sepArtte from
them but accept e. their bands the poaiion OF bon-
oraiy consulting electrician; but, though honorary,
lie zeal was well known that they were Snre To h.'e
the full benefit Of al the assistance ne "a- 70 We'll able
10 give. iApplause.l suppose EJCO ,',o were ra'ed
By tlese = shares, they would proceed to Obtain a1i
Joy the cable or. If the sun raised ~as smaller,
skiful ard properly organized effort would be made
fo- the restoration of the existing cable. Sr. Worthy,
siter referring 10 tie benefits whcn might be expected
from tie improvements being made IN recording insrI-
meuts concluded by remsikng that the specals'ion,
though 10 doubt haZarious, was oIe which might Oe
enormously profitable. Already IL London they h.d
been successful in eulisiDg the ssstance OF come oi
te most dstir sushed merchants ard bankers anu ne
urged upon gentlemen 10 Glasgow to take high We"
Of the euterpr.se and support the Directors ot ths
Company not only by Their approval, but By endea'-
oriDg to redeem the past by fresh ex-rtions.
Ire statement was most favorsbly received, ana
several undertakings to take shares IL the new pro-
posal were given.