The Hickman courier., 1868-05-23
The Proposed czonoe.

IL. The shareholders in this organization
viii be many times more numerous thar
those of any other telegraph company, anC
will be interested IN its business and sue
cess. We shall establish only direct trunk
routes required by the business Of the couh.
try. We shall incur no liabilities beyond
our means in the treasury; and we hope by
energy, economy, dispatch, and careful
management TO be enabled TO compete sue
cesstully with the present consolidated
monopoly, and &c furnish the public cheaper
and better facilities of telegraphic comruun-
ication.
The Prospect.
Is. The business of telegraphing i. in it's
infancy. 1t must rapidly increasl in the i'm
mediate future and yield still greater re-
turns Tie business of the Southern States
having been suspended during the war will
soon be re-establishcd. Lines of telegraph
are projected and in process of construction
10 Europe, Asia, and South America. which
when completed, will at once materially add
to the telegraph business of the counScNr-
The proposed routes of our range a
nually becoming more apE More DO
Cheaper rates and more<k3pid certa M
reliable facilities will greatly pop u
the telegraph and insure its substitution for
the mails Tor the purpose of current COM
mercial correspondence. All these consid-
erations point 10 our future as an import
ant one, and plainly show that this is the
golden opportunity for inaugurating a tele-
graphic enterprise of the character and
magnitude of the one now prssosed.
-An Extraordinary .4dpantoge
49, 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 monopoly opposed the pas
sage of this law with all the infuepce and
- Z could command, but the puffic in4
terest prevailed, and we have now a nation-
al recognition of the importance of our en-
terprise with grant of the most valuable
franchises ever conferred upon Telegraph
company.
The National Telegraph Company fully
accepted the terms of the Law, July Both,
lS66, by filing their written acceptance with
the Postmaster General of the United States
ksa5" Subscribers should in all cases trans
NIT funds 10 the Treasurer of this company,
Frederick Prentice, Esq, No. 26. Pine street,
who will send by return mail receipts for
the same. All other communications should
be directed to George RsWafter, Secretary,
National Telegraph Company, "a BroafnNy,
whenever subscriberkesire 50
they pay at once thirty five per q "a |
the full amount of their subscriptions 'sdlfd
receive certificates of stock issued by the
and in all cases were thirty-fve |
per cent has been paid in, and the Treas
urer's receipts returned, certificates will be
issued TO holders of the receipts, or their !
order.
Bs3s- Your attention is called to the papers
this, and prompt response
IS necessary to ensure n certain participa- !
ion in the benefits Of this organization.
Extract from the United States Statutes at |
fSrge, vol. 10, page 249, as follows:
IN fet TO establish certain Post Roads and /
for other purposes, approved
March 3, 1853.
Page 255, see. 3-And be il further enact
ID, that all the Railroads and parts Of Rail /
roads, which are now or may hereafter be in
,peration, be aud the same are hereby de-
;lared Post R5ads.