, 1866-12-20
UEpTEls,S TELEGnAus.

The announcement that Mr- Craig, the
New York Agent of the Western Associated
Prcss, has secured the exclusive use Of Reu-
tcr's teleErams, on and after the first Of Jan
us:y next, is the most important develop
INT tnt made since the war with the New York
monopoly began. It IL an additional con-
drnation OF the fact which We declared, some
tir:c Eiuca that Mr.. Graf. understands hia
business, and that his antagonists do not.
Some time since Mr.. Reuter- sent an agent
OR. McLaue] to New York, t.
sell 1liD news to the New
York Associated Prcsc-that is, TO
furnish their agent In London copy Of his
te'c:rams from tie continent Of Europe, SIM
nl:ancous'y with the London journals. If
thv New York monopolists had had the Wit
to accept his proposition (which was for
E..C10 per cnauln, their victory In the sa1~
se;;ncnt struggle with the Western Assocl-
ut i Press would have been assured. In
deed, it might have proved impracticaa'e to
n:.3.c any eight against them. But they told
IL. Reuters agcLt that they would ply him
NJ thing. They would give him American
Il. VS. iu exchange for European news, but
would lay 10 bonus fol the use OF his selc-
grams. Mr. Keutcr did not want
AMERICAN news because the London
journals Eavc not rot II the habit OF plying
Atlantic cable rates for auy news except the
New York quotations Of gold aud 1ve-twcrty
bonds, which are as accessible to his agent
in New York as to anybody else The New
York Associated Press reasoned that nobody
in this country could make any usc Of Eeu-
scr's telcSfa ms but themselves, beclusc the
Possession OF them in London involved the
necessity Of sending them by the cable. So
los. as no other organtzat tion coIld make
them available, it was NO object for them to
pay L, ,Oo0 per year for them. Ey waiting
tSenty-luur hours they could clip thcui out
Of the London papers for nothing.
On the day that The Executive Committee
Of the Western Associated Press announced
their intention to set up for themselves. Mr.
| Ct..is, finding that he was backed up by sui.
fcient pecuniay strength, went to Reuters
agent in New York and offered him Ills price,
e; Goo, for the kilograms from the Continent.
! MIR. sIcI-ane immediately sent despatch by
! the cable to Mr.. Reuter-, advising. him
p; that he had secured the price named,
d: and that q gentleman would 80 out
| by the next steamer to close tho
! contract. The New York monopolists in
| their confusion and alnazclnent over the
/! ac.ion of the Western Associated Press had
i forgotten all about Renter, and did not recall
tho fact of his existence until Mr. Craiy's
lu' s.crger was half way across the ocean.
Tley then commenced telcgraphing wildly
tS Reuter- at the raie OF two dollars and
MY cents per word in gold, and scat a
SPECIAL messenger 10 London, u day after tue
fair, to make Contract Tor the kilograms j.
IT,. result Was shown in The following cable
d.ssatch which we printed yesterday:
"J.oSpos, Ueccmbar IL.
's.A.t!cles Of agreement nnd oi a1iinus=, ofIca.
tir. and <ef> f>nsisc, Ie &C t:ecuted ycs;cIt.sy be-
saeen Tie famous !:tu:cr News Cozlany aaa thc
st,-ciul a-enr ot the uat'ed States aia1 Eu.ooeau
JDruaEY Ist, !SGs, The Ieu:et Nczt Cs'supasy o
lcrdcn sustain: the s.mc relations y The pfss; o
| e;ctoiure sustained to the press OF -ituesicl,
''iIc New 1osk Associated Press ftcc!Ai ascn
tt.ssatched to to..6on TO secure excessive RI.
tft rs with the itcutcr Company. failed to ee:ure
tho otject of E,s m's1iou, the iseate~ CuG?anl
nstefT.ns to .lls n.sll I'll Gi.h s r. po?ala: n SSS
than lhc s@t.e MID ronld-be 1nouop.l.zts ol LII
Eew lo;s A5 t's sst o. "a aes,y to-
=. Ss Association will bc considerably tnc.en sc.
lu 1uans1:y, and, lksunrh the Renter A:eacJ U
; lelaon, ths news Of Europe, As'a aal A'mefic
aPsssE a sh II ,nS oeaa rsss
ErG all u;leF JOURNALS belonging 10 the aoo7o Al
: | sos:a.lcu.''
J MIR. Reuters kilograms. as they arc collect
&c E.r the London press, are uuquestiouab'y
: N, nopoly. They arc, nevertheless, .fdrs i
ioainalism. Their nsc in thls country In
/ arcn secured bg the journals of the Unite,
; States. which hare declared their in 7c2en
G ! tstncc OF the View York ring. Mr. Craig la
! given to the Western Associated Press NJ ID
strunlent in writing agreeing to surrender t
8 the journals employing him, all his cor
}" tracts, facilities and machinery for the cn