The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1867-06-26

Tine Mississippi valley Telegraph The
Great Necessity of successful prosecu-
tfon OF the Enterprise Inpadenee
of the Grand Monopoly called the
"Western Union Telegraph Company,
Encouraging Prospects Tor the Mia
sissippi valley Line.
In our last issue We alluded 10 the enter
prise in which some Of our capitalists are
now engaged Of con s,ructing magnetic tele
graph line from St, Paul, Minnesota to New
Orleans and the Belize. Since the writing OF
that article we have been put in possession Of
information WHICH more and more eonvinoes
US Of the necessity Of such line, aud the
considerable profit which must necessarily at.
tend It's completion,
The commerce of the Mississippi, reduced
TO financial measurement. reaches far out into
ihe millions. Innumerable transports and
palatial passenger steamboats, ply from point
to point along the Mississippi their almost
fabulous vocation. Up to the present time.
by an objectionable oversight thus magnif7
cent business has been forced to pay exorbi.
taut prices Tor necessary business commune
cation by telegraph over circuitous lines, aud
through theagency Of an extortionate monop-
oily. 1t is indeed more than wonder, that the
great Father Of Watees should allow them
selves, at this late day, to be without the
means OF iutercommuuicatiou by telegraph.
But better late than never. Many gentle,
me IF o,.I
ken to supply this absolute want, by embark
ing in the business of forming joint stock
company, and already the assurances are such
that We predict speedy prosecution of the
work of telegraphic construction from St.
Paul and the cities intermediate, to the Be.
lie. The undertaking, to be sure, is i'm
mense, but if successful the profits must ne.
cessarily be enormous.
1t may appear singular to some, that, IL
view of the vast Importance Of this work. the
city press Of St. Louis should be so remarka
bly, silent upon the subject Of the proposed
line. But to ourselves this singularlty doe.
not appear. The truth is that the i'm
mense monopoly called the :" estern Unior
Telegraph Compare" forbids any Of tn,
daily press from noticing in any way, by edi
torial mention, local notice or advertisement
the business of any new telegraph compan,
adverse to the interests Of its own lines. Tn,
appearance in the columns Of the Missouri
Democrat of an article fairly considering thi
new work, would be followed by with
drawal Of the telegraphic reports from tina
paper by the officers OF the Western Union
This last concern has grown immensel,
rich, by reason Of its vast capital engaged il
increasing its own monopoly. Liberaity i
q stranger to its business proceedings, am
the custom forced into its way is accepted a
a matter Of course, with manifest hints tina
the patron may consider himself specially ia
vored if accommodated at ALL
Now we take it that such monopoly i
repugnant to our business interests. Its i'm
mense business reaching profit ofoyer 500,
600 dollars, above all expenses during tn
last four month, shows conelusively wha
value there is in telegraphic stock, where th
lines are faithfully worked.
Let the Western Union Telegraph Com
pany muzzle the daily press. it canne
deprive the business community Of know
edge of the immediate necessity of construct
ing line along the route of the Mississip,
river. And the enterprising men who ar
engaged in this construction are known nc
only for their solid financial ability, but fc
practical understanding of the business
which they are engaged, and an uncomprom
ising business and moral integrity
In conclusion, it speaks very little for tn
daily press of St. Louis to submit to the d,
grading position which they are now place
by the dictatorial and corrupt course Of tn
Western Union Telegraph Company. Doe
it not furnish conclusive evidence that
muzzled in this, money can also muzzl
them in other things?