New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-08-20
NETWORK DAILY TRIBUNE THURSDAY, AUGUST 90, 1868
marine electric telegraph cable "e propose commencing
opeyaons in China aud laying dozen line Of 800 miles
al once. beireea the JollotciHg ports, ris.
Total. .5,0lo,ooO

These ports have foreign commerce of t9OOOOOQ0O,
and an enormous domestic trade. beside which We
have the immense internal commerce of the Empire,
radiating from these points through its canals and
naviCable rivers.
The cable being laid this Company propose erect
ing and-lines and establishing speedy and trust
worthy means of communication, which must com
mand there, as everywhere else, the communications
of the Government Of business and of social life, es
pcclally in China She has no postal system, aud
her only means now of communicating information is
by courier on land, and by steamers on water.
The Western World knows that China is very
large country, in the main densey peopled but
few yet realize that she contains than third
of the human race. The latest returns made 10 her
central authorities for taxing purposes by the local
magistrates make her population -Four Hundred aud
Fourteen Millions, and this is more likely to be under
than the actual aggregate. Nearly all of these
who are over ten years old not only but do read
and write. Her civilization is peculiar, but her liter
aturc is as extensive as that Of Europe China is
land of teachers and traders; and the latter are
exceedingly quick to avail themselves of every prof
fered facility for procuring early information 1t is
observed in California that tho Chinese make great
OF the telegraph, though 1t there transmits
sages in English alone. Today great numbers of
fleet steamers are owned By Chinese merchants and
used by them exclusively for the transmission of
early intelligence. Ithe telegraph we propose con-
Meeting all their great scaports, were in exist
ence il is believed that its business would pay its
within the first two years of its successful operation,
and would steadily increase thereafter.
Noenterprsc commends itself as in greater degree
remunerative TO capitalists and to whole people.
Ii is of vast national importance commercially po-
hticalIy, and eyangecally.
Shares Of this Company, to a limited number. may
be obtained at $50 each $40 payable down, sl5 on the
1st Of November and So payable in monthly Install
ments Of 81 30 each commencing December !, 1868,
on application to
Messrs BoOKsTAyER, THAYRR 81 SLossoN, No 10
Wal-st., Ncw-Ymk.
The NATIONAL BANK COMMONWEALTH New York
Mcssrs. DREXEL u Co, Philadelphia.
Messrs. j. L. BRowNELL & Co., New York.
Mcssrs. JAY COOKE n Co., Washington, ID. c.
THE FIRST NATIONAL BANK, Washington, ID. c.
Mcssrs. C. D. HEAD and r. II. PERKINS, Boston.
Mcssrs LEE, IIIGGrNsoN & Co, Boston.
The MERCHANTS NATIONAL BAN, Syracuse y. Y.
The SYRACUSE CRY BANK, Syracuse \. Y.
Messrs CHAS. i. CHASE * Co. Baltimore, Md.
McssIs DONAuOE, KELLY q Co, San Francisco,
Cal.
W X. HIGBY, esq, Pcquounock National Bank,
Bridgeport, Conn
H. If. ORMsBEE. MaunfactWerS' Ins. Company,
Providence II. l.
W H. MoRsE American Express Company, scben-
cctady n. Y
And az tie office Of the Company.
Nos. % and @5 Nassau-st, New.York