The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-02-21

understand that Professor Hughes, the IN
ventor of the superior printing telegraph
now used by the American Telegraph Company,
Is meeting with gratifying success with his in
vention in Europe. The French government
has adopted his system, and paid him $4,000
for the patent for France; Italy has done the
same and pays him $4,000; while the United
Kingdom Telegraph Company of London, who
have just introduced the Hughes machines on
their lines, pay s45, 900 for the patent for Eng
land. Other European governments. 1t is said,
are thinking Of introducing the system in their
dominions 1t will be recolleoted that 1t was
only the other day that Professor Morse re-
ceived $4,000 from the continental govern
ments for the use Of his system.
In this country there is scarcely any business
that is proving more profitable than that OF
telegraphing, the increase of the press business
incident to the war having added very oon-
siderable per centage to the previous heavy
dividends of the several companies. We under
stand that new competitors for share in this
exceedingly profitable business are coming for
ward, and the prospect Is that two or three
new companies will very soon be organized.
The independent line which is, we believe,
owned chiefly by F. o. J. Smith. and which has
been in operation for upwards Of year be-
tween New York and Boston, has just opened
line of three wires to Philadelphia, and pro-
poses to extend its operations to Washington.
This extension, when finished, will give us two
through telegraph lines from the Eastern ports
to the national capital Besides these, the
funds for building third line over the same
route have been subscribed, and contracts al
ready executed, as we are assured, for its COM
pletion during the coming summer. Further
more, we are told that Mr.. Henry O'Reilly, q
gentleman formerly we'll known in the tele-
graph business, has, in connection with others,
made partial arrangements for the building OF a
fourth line over the same route.
At the West also there are new telegraph
enterprises in contemplation. Messrs Morgan
and Randall, in connection with several other
gentlemen, intend to put up, in the course Of
the season. superior line between Chicago,
Buffalo, Albany and New York, and, as soon as
possible, to extend their wires to all the CHI
Western cities. Another line, we understand,
is to be built from this city to the West, and Is
under contract to be finished to Buffalo by the
LIST of August. OF the ultimate intentions of
the projectors of this line We are not informed.
1t will be gathered from these statements
that, should there be no failure Of performance
on the part of the projectors, our telegr aph IA
cilites before the close Of the year will be more
than doubled on all the main routes between
the commercial cities of the East and West and
South as far as Washington, or as far as the re-
bel lines.
From the other side of the mountains we hear
that the Pacific telegraph is being rapidly ex-
tended to Oregon, and that the prospects Of its
ultimate extension to Russia are growing
brighter every day. This line is now working
with admirable regularity between the Atlantic
and Pacific, as the dispatches which appear
| daily in the columns of the HERALD abundantly
attest Arrangements are made for extending
| o branch from this line to Denver City, in the
| Territory of Colorado.
With regard to the Atlantic cable, we learn,
through private letter from London, that the
stock in that enterprise is being rapidly taken
! up, and that the directors are sanguine of its
completion during the coming summer.
! Thus this important and useful element in
the business and enterprise Of the world is be-
ing perfected and extended to all points of the
globe. Within very short period Of time the
| HERALD will contain daily dispatches from
| Melbourne and Montreal, Pekin and Philadel-
phia, Warsaw and Washington, st. Petersburg
| and San Francisco.