The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1868-04-08

The XAo09oesuUN - ssl11s -
GrarA C6apAay.
This conpaay, formed to run direct line
from Minneapolis ard St. Paul y New Or
glssai = ~ sapidly paossssiug; - poass
vsrs srssisd q : pshs hslss aaa @
the tenth Of March, ths line being contlactsd,
under penalty. torsaeh 81. Lssis, il con-
plsts working osdsr, ~ the 1T Of July next.
A number 81 huge coils Of wire passed up ON
Monday o. 10 staamer Ninnssota- A Do
buque bfanch virs directly operates . Uni.
cago and Milwaukee, thence. BY the wires 81
the Atlantic L Pacific Telegraph company 70
I'll cities East.
AtSt. Louis they again form connection
nth the Atlantic : Pacific Telegraph com
many. absolutely, thosgk North and South
line proper, by connection with any and al
telegraph lines Who are willing to Get with
them, on basis Of exchange, this line will
transmit messages promptly TO oil civilized
portions OF the Globe, not seeking profit
from business outside Of their own lines, OF
aiming 1t monopoly, save on their direct line,
where moderate charges effects result equal.
II satisfactory to the company and its patrons.
The plan Of the company is 70 have oil busi'
ness prompt through, thorough and rci'a-
BILE. on this line, and to all leading cities
this will be effectually secured. The profits
necessarily viii be very handsome, from the
great mass Of business to DO executed. The
line between Minneapolis and St. Louis pas
sing through over seventy cities and villages
81 note, necessitates their opening the line
with over forty stations.
The marine shores and vicinity attain the
most dense population are the nucleus o.
commerce in the West; there water and rail
communication meet and exchange.
All men Of business are, to great de-
gree inter ested in tn e completion Of this line
the want Of which has long been felt, and al
must approve of the company's plan Of trans
hitting almsst WHOLLY through direct coniin.
uous lines, in measure rivaiing the feat late
" accomplished in transmitting message
from Valencia, Ireland, to San Francisco and
receiving an answer in two minutes, they stu
diously avoiding any and all repetitions incl
dent to break in the lines.
The aim is to raise stock in all places
through which the lines run, the upper coan'
try 10 take sufficient stock to build to st.
Louis, where the balance will be raised TO
carry it through to New Orleans.
Asthe stock will be owned nearly prorata with
the commerce and population along the line,
the amount received along the line will revert
to each locality in the form Of dividends, less
the expenses Of operative and repairs. The
agent, james F. Griffith, now visiting this
CITY, estimates that the proportion expected
of Keokuk will be between one hundred and
City and two hundred shares, An amount ke-
okuk, when called upon. certainly should
promptly subscribe. Yet if any dspressicn
in it's commerce exists, any heavy losses hare
recently cramped the ability Of q portion Of ous
citizens, the balance should, BY no means,
lose nerve or energy. In short time are
promised facts and reliable estimates, intend
ed to conclusively prove the profits necessa-
rily accruing to line run through the very
centre Of Western population and commerce.