The Hickman courier., 1868-08-01
The Proposed Change.

will be many times more numerous than
those of any other telegraph company, and
will be interested in its business and sue
cess. We shall establish only direct trunk
routes required by the business of the coun-
try. We shall incur no liabilities beyond
our means in the treasury; and we hope by
energy, economy, dispatch, and careful
manag ement, TO be enabled to compete sue
cessfully with the present consolidated
monopoly. and to furnish the public cheaper
and better facilities Of telegraphic cOmmun-
ication.
The Prospect
IS. The business of telegraphing is in its
in te Sta 1T must rapidly increase in the i'm
met.ii eaature and yield still greater re-
turns The business of the Southern States
having been suspended during the war will
soon be re-established. Lines of telegraph
are projected and in process of construction
to Europe, Asia, and South America, which,
when completed, will at once materially add
to the telegraph business of the country
The proposed routes of our range are an
nually becoming more and more populous.
Cheaper rates aud more rapid certain and
reliable facilities will greatly popularize
the telegraph and insure its substitution for
the mails for the purpose Of current com
mercial correspondence All these consid-
erations point to our future as an import
ant one and plainly show that this is the
golden opportunity for inaugurating tele-
graphic enterprise of the character and
magnitude of the one now proposed.
An Extraordinary Adrantage.
10 On the application of The National
Telegraph Company, Congress at its recent
session enacted The National Telegraph
Law, which is printed herewith The exist
ing consolidated mon es-aIxSo op poseA- -,
fFcwert Il cdisid cofnrnand, but the public n
terest prevailed, and We have now u nation
al recognition of the Importance Of our en-
terprise with grant of the most valuable
franchises ever conferred upon "a Telegraph
company.
The National Telegraph Company fully
accepted the terms of the Law, July Both,
1866, by fling their written acceptance with
the Postmaster General of the United States
p3s~ Subscribers should ia all cases trans
nit funds to the Treasurer Of this company,
Frederick Prentice, Esq, No % Pine street,
who viii send by return mail receipts for
the same. All other communications should
be directed to George B. Walter, Secretary
National Telegraph Company, "a Broadway,
New York.
Whenever subscribers desire so 10 do
they can pay at once thirty-fve per cent on
the full amount of their subscriptions and
receive certificates of stock issued by the
/ company; and in all eases were thirtv-fve
/ per cent has been paid in, and the Treas
urer's receipts returned, certificates viii be
order,
| B9 e:tea.:ou is called % the Papers
accomtahyihg this, anu prompt response
/ is necessary 20 ensure q cartcin participa-
tion in ths-ne1 ats of this organ zation.
Extract .rcm t1e 1ltll states Statutes at
/ large, vol. 10. page 249, as follows:
| An Act TO establish certain Post Roads and
/ for other purposes, approved
/ March 8, 1853.
/ Page 255, see. 8-And be it further enact
Z ed, that all the Railroads and parts Of Rail
roads, which are now or may hereafter be in
+. operation, be and the same are hereby de-
clared Post Roads.
THE NATIONAL TELEGRAPH Law.
4 v 4 CT TO aid in the construction of Tele-
graph Lines, and TO secure to the Govern
ment the use of the same for Postal, Mill
tary, and other purposes.
Be IL enacted be- the Senate and House Of Rep
resentatires Of the United States ef An'srica, IN
| Congress assembled That any Tele graph con-
Pany now organized or which may hereafter
| be organized, under the laws of any State in
/ this Union, shall have the right to construct,
main tain, and operate lines Of telegraph
/ through and over any portion of the public
domain of the United States, over and alon 9
any of the military or post routes of the
! United states which have been or may here
after be declared such by act Of Congress,
and over, under. or across the navigable
! waters of the United States: Provided That
/ such lines OF telegraph shall be SO con-
/ strueted and maintained as not 10 obstruct
the navigation of such streams and waters,
or Interfere with the ordinary travel on
such military or post roads. And any Of
said companies shall have the right TO take
/ and use from such public lands the neces-
sary stone timber and other materials for
| its posts, piers, stations, and other needful
fraaa ~, . H.
operation of said lines of telegraph, aud
may pre-empt and use such portion of the
unoccupied public lands subject to pre-emp-
tion through which its said lines of tele-
graph may be located as may be necessary
for 1t stations, not exceeding forty acres for
each station but such stations shall not be
| within fifteen miles of each other
Sec. 2. And be il further enacted That
/ telegraphic communications between the
several Departments OF the Government OF
the United States and their officers and
agents shall. in their transmission over the
lines Of said companies, have priority over
all other business, and shall be sent at rates
TO be annually fixed by the Postmaster Gen
eral.
Sec. 3. And be it further enacted. That the
rights and privileges hereby granted shall
not be transferred by any company acting
under this act 70 any corporation, associa.
tion, or person: Provided, however, That the
United states may at any time after the e K
pass se for rFp postal Is miiisapy aais 'o o1
other TIA. cas- purchase all the telegraph
lines, property, and effects Of any or all O
said companies at an appraised value to>bs
asceftained by five competent. disinteresteC
persons, two of whom shall be selected By
the Postmaster General Of the United State $
two by the company interested, and one by
the four previously selected.
Sec. 4. And be IL further enacted. Tha
|, before any Telegraph company shall exer
else any Of the powers or privileges confer
red BY this act, such company shall file thei
written acceptance with the Postmaster Gen
eral of the restrictions and obligations i'm
. | posed by this act
| ApproTe3, lu,y 24th. 1858
Stock may now hc srhscrihci n this com
pany at the.r oGice q tie city u Ss-y York
or at 20S Main etrest, LauisvIils, Ky.
apl1 AUGUSTUS BARNES, Agent.