New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-07-20
THE FRENCH CABLE.

We herewith print all such portions of the con-
cession from the French Government to the Societe
du Gable Transatlantque Francas as can assist our
readers in forming distinct understanding OF the
points at issue between the Company and the United
States Government. The capital of the Company
was fixed at G1 100000 divided into 10000 shares of
600 EACH and the only subscribers whose names were
appended to the memorandum of association were
the Right Hon. Robert Lowe, Chancellor of the
British Excheuuer; Cornelius Grnnell, merchant of
the City of London, and son of Mr.. Henry Grin
nell of this city; Edward Joseph Halsey, London
merchant we-knOwn as a friend of the secession
lists julius Reuter- the Geographic newsman, who
did us almost as much harm during the war as the
Lairds themselves Baron Emile dErlanger, the Paris
banker, son-in-law of Mr., Sidell and Confederate
financial agent; Frederick John Grifiths of London,
Secretary of Reuters Telegram Company and julius
Beer, merchant of London. The directors Messrs
Love- Grinnell, Halsey, William Henry Schr6der
Reuter-, and Erlanger, the Marquis Eliacin de Beau.
mont, and Baron de BOurgOn. OF the original sub
scrbers Mt Grifiths is set down for FIVE shares and
the others for 80 shares each Besides these, 5000
1ully paid shares are allotted to NM. Eranger and
Reuter- as compensation for the transfer of their
cesson to the company, and the same gentlemen are
to receive in addition 20 per cent Of the net profits
1t will be seen by the following extracts from the
| official documents that the French Government in
| advertising for tenders for tho construction of
| submarine telegraph between Brest and the United
States announced that no tenders Mould be received
except from persons approved by The Minister of the In
terror; that there only one tender las might have
| been expected namely. that of NM Erlanger and
Reuter- who bid at the highest rates allowed by the
published cOnditiOns and that a concession was ac-
cordngly granted them of exclusive privilege for
the period of 20 years. 1t is this concession which
| Erlangcr and Renter transfer to the Company II
| will also be seen that the French Government has
reserved TO itself extraordinary powers of interfer-
ence and the practical control of every message sent
or received ms well as Of the entire working of tho
line.
"CAHER Dps CntEaEs" for the establishment Of Sub
marine Line Of Telegraph between France and the
The Concession OF a Submarine Line Of Telegraph be-
made a tho office OF the DirecorGenera OF Telegraph
Lines the 9th July 1863 at o'clock In the afternoon
ducto the term OF 20 years mentioned In the Second
Article Of the present Cahier des Charges, and upon
the tariff Of 100 francs mentioned IN the Fourth Article
l. The line VII commence at , Brest and terminate al
some point Of the Coast OF the United states OF America
the territory Of any foreign state but may pass By
ST. Pierre Ncwfouudand French territory. IL must b,
completed and in working order by the LIST September
q The Government engages not 70 grant other Concession
for lines b,f,csen France aud North America during
imi,D period Of 30 years nom ne Isl September, 1902
av other International Conretons hich may be hereaj
ter substituted ror IT, shall be adopted on bis iiiie.
length OF the Cable shall not exceed 100 francs.
g. ms tariff shall be reduced by enehdIor GorernmeI
G. The Government reserves to itself the right of estab
9ng at the efnene OF me , sh cor
FOR is purpose e Seree Of e he shall hdre its oDice !,
the Of which shall be repaid to the State by th
COncessOnalres.
Indispensable Intermediates bcTcen me public aud IN
ages Of hs CoeesaonGires IN ne Transmission Of mes
fhe messages reseired by ne cable shall be imediaie
handed 10 them and be deIirered through meir agency
| The messages 10 De trGnsned ~ NE Gable shall ~ Hk
manner Be l0dgod irih heB and handed 6y Them 10 N
agents Of ne CoHeesSioHdires
sonaires cannot amalgamate with any other Company
whether French or Foreign, having concession for
Transatlantic Cable transfer or lease It's line without
. | permission from the Government.
shall become insufficient, by OF the traffic or from
other cause the Concessionaires shall be bound t
lay down second within eighteen months after notice
given them by the Administration unless they prefc
" rcnOunce the privilege belonging to them according 4
Article OF the present Cahier DIES Charges In this latte
thoy shall make known their decision within tire,
months from the above toned notice.
The above stated will be followed with reference
10 all other supplementary cables which may have ~ b,
y II during the duration OF the Concession Telegraph
communication shall DO interrupted for consecutive
period OF Is months the privilege granted IN favor Of the
COncessonares shall pso facto, cease and the Govern
ment shall resume the right OF granting such other Con
10 No one SIGH be admitted to tender ,Oiihom being pre-
tio,sly dpPored oy me Minister Of ne Interior and ues
re nus Duld az me CdsSs dCg DtpOS ~ COnSiDndftOng
Paris caution money 70 The amount Of 100000 jranes tn
parties rendering shall prOre me payment Of this cautiO,
tuOneV by dnneyinD 10 their tender certificate issued b
the CGISSs des Dep0ts 81 COnsigHdtiOns
PROCESS VERBAL.
MINISTRY OF TIE INTERIOR, GENERAL DIRECTOR oil
| TELEGRApHs.
PRocRs VERBAL Of the Concession OF Transatlanti,
Cable between France aud the United States OF Nortl
| America.
The 9th Of July 1863 at o'clock p MN conformity
with tho decision OF His EXcecncy tho Minister OF the
Interior dated 23d june 1868, tho DrectOrGoueral
Teegraphs, assisted by NM. Baron AmOt, Inspector
General, Raymond, Inspector aud g. LabusSiGro, Sub
Inspector Secretary, proceeded TO the concession OF
| Submarine Telegraph Line between France and the
United States OF North America The proceedings were
hands OF the Director General and opened at five mnuto
past .. The Baron EridHgcr and Mr. Julius Reuter-, N,
parties tendgrg, engage 10 complete ne submarine com
mtIcdOn condition Of Obtdnngdn erciuJlre prrIte1'
messages Of teuty rOrds at loo francs They further
| engage 10 fuln all the clauses aud conditions OF the
CaheT des Charges drawn up the 2Jd OF June by His
EKcellency tho Minister OF the Interior. Annexed II
their tender receipt from the "Casso des DepOts
ct ConsgnaOns" showing the payment by them OF the
cauou-mOney OF 100000 francs required by tho Tenth
Article OF tho Calier deS Charges. The Baron Emile
dErlanger and Mr.. Julius Reuter- having complied with
all the conditions fixed by the Cahier dos Charges, are
declared COncessonaires Their tender remains annexed
approval to His Exceency the Minister OF the Interior
Done at Paris the day month, and year above stated.
VIE. H. DE NoudY, the DIrectorGeneraL
Baron AMIOT, the lnspectOrGeuoral.
| RAYMOND, the Inspector
G.. LUBUssIERE, the Sub Inspector Secretary.
Approved Paris, Sth July, 1858
| PINARD, Minister OF tho Interior
Exammed-the Employe, j. RIssoT.
For naturalization, the Director OF TransmisslOns In
"h " Wv O PRRNELLE