The New York herald., 1866-09-17

of the grasping bondholders.
The Atlantic Cabies-The City Of Now York
tho Telegraphic Centre Of tho World.
The Atlantic telegraph cable is success
whether financially or not we are not at the
present moment apprised. 1t is certain that
not only one line is successfully at work, but
that another, rescued from the depths Of mid
ocean after many months submersion, is also
assisting in the labor Of INTERVIEWING in frater-
nal emOrace the Old and the New World
We hail this triumph Of genius and of indom-
table perseverance as portentous event in
the history Of our country. But we do not
think this connection with Europe will end
with one line Of communication, or with sin
gle company. Already other lines are being
laid by land and sea, all aiming at the same
purpose. The line via Russia is one Of
particular importance, as it will traverse
friendly territory and not be subject to the
restrictions which an unfriendly government
might impose upon the transmission Of mes
sages. Lines are also contemplated and are
in some degree Of progress to unite Europe
and America by way of Cuba and Florida
also by way Of Lisbon in Portugal, the
Azores, Bermuda and Cape Charles at the
mouth of the Chesapeake, and we do not know
how many moro routes. The more the better.
But what s of particular consequence now 10
to have direct telegraphic communication
between tho city Of London and tho city of New
York-the two great commercial centres of the
eastern and western hemisphcres. The prin-
ciple of transmitting intelligence by means of
the success Of the line between Valentia and
Why cannot it be continued
few hundred miles further and unite without
break the two metropolises Of the worldt
When the irst telegraph wire was stretched
from Baltimore TO Washington city, il was an
experiment the success Of which was problem
stical. Now there are at least dozen wires
frequently unable TO perform the duty required
Of them with necessary despatch. Telegraph
wires have multiplied all over this continent,
even to the hidden recesses and uncxplored
coasts Of South America and through the icy
regions Of the Northern Russian possessions
Scarcely town in the United States is too in
significant 10 be denied its telegraph station
In The tar West, the log house and the black
smiths shop arc followed by the telegraph
o6ice. On special occ asions telegraph opera
tors travel upon railway trains with instruments
al hand ready to connect with she wires at any
point This was the case on the tour OF Sir
Morton Peto and his English friends, and also
a. t~k~ sJo, kf.la
rebellion tho system was carried out to an un-
limited extent on both sides. In short the tele.
graph has become IA necessary medium Of
communication in commercial, financial snd
social life as anything thai mas ever sprung
from even the early study Of the spelling-book
II was not for tho bened. Of the city Of New
York nor of The city OF London alone chat the
telegraph cable wss Laid. The whole civilized
world was interested in the enterprise. II was
not for the benefit OF the city Of San francisco
alone that q telegraph line was constructed be-
tween the Atlantic and the Pacific, centcrng
in New York. The vast Mississippi basin. the
remote settlements and busy towns and cities
OF Colorado, Utah, Nevada, Montana, Idaho.
Oregon, the whole OF California and the entire
Pacific coast were concerned In its successful
completion. Every government mail coach.
every eu,igraDt train that starts from the west
ern boundaries OF Missouri toward and beyond
the Rocky Mountains has its means Of immedi-
ate communication with the East with every
lew miles Of travel through the dreary plains or
rugged mountain heights. And now that il is
proposed 10 construc, new ocean and land lines
20 link the two hen'isphcres, 20 bring the Old
and The New World more closely together. W.
cannot but regard such undertakings A. likely
10 result 10 the incalcuable benefit Of ,he United
states. With The city Of New York ~ the
western centre OF the kilograms ~ The world.
there will flow 70 our shores greater volume
OF emigration and wealth Than ever before.
Our city will become The central and distrihu;-
ing depot for kilograms MS " !, were the dis
iribuling pos, onirr Of AL the nations OF The
earth.
1Hs SOLDIERS Am SAILORS CoSyEsnoS.--
This gathering Of thc heroes Of The recent war
will be held al Cleveland to-day. The Isl u
delegates is headed b, Admiral Farrsgat Tor
the navy. aud such Generals NJ Gordon Gran
-. n.. St..I..., W..l pacl and IAr....l