New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-03-09
THE PACIFIc SUBMARINE CABLE

REPORT OF THE CHAMBER or COMMERCE CON-
MITTgE.
The Committee of the Chamber of Commerce
charged with the Teegraphs and Postal Affairs,
of which Samuel b. Ruggles liz Chairman reported on the
Goth OF December last tho following resolution, which
was adopted
Resolved That tie Of the st Of Fe-Yos
rgaT sreEOaed system q tegspas s va aaa BY and a,
mater Of m,y npor,Is the sleIs' o. 'aa s
laws v shOu, creating any MONOPOLY fet'te he syns Of
erica 10 IN. eastern thereby completing with the lines
operation ana With hose to he ldd eapie eoHnOaA
ton arous nj the nIli.
The Committee row report upon: a. The locality and
length Of the Geographic lines already established and OF
those which are st needed to complete communica-
ton around the globe. GI) The influence OF the work
when completed. upon the commerce or the world anu
especially the commerce the Pacific and the Indian
Oceans
The ters os Eh,a completed r neess', oos,'s Ne I. s o.
'neopi''n ~. globe . sa gs , oonea, and an
ocrsn The western embraces he wes,r Continent and The
.e1 in feisni over so o. dagiaie Vile he
embraces the ien c0gnsi 'nS Cr. , of S Of a
the P,eihc OCEAN oyer the eHnnE no thus
81 terrsqueOn Western from ssD Fnhsoo 70 y.ensA ess
United sstes 81 o segment portion orsiug the Ests
Continent ToT nsaf sae1 S No ns brer r. ed kisg
Gesny, Rsppesn and Aaie assa % The present npora YER
Chinese saae 81 willie The other P1sus sol
ere, tosr.e htongh Franc tp nn m bp 1 w a
Ceyon 10 only 90 north Of the elaa9 Nael, ~
And Psa b,g liable 70 OCCASIONAL ineNphGn ~ 7, oas o
% sglei st. he Red st and Ne ii5aa Sea bombay
Iiy the lines above described commercial ana other
messages are now regularly telecrap5cd, without inter-
rurtioH, from London 70 Kiachta and Singapore.
Through the commercial house of a. a. Low
Brothers OF NewYor largely engaged in the trade OF
China and Japan, the Committee have asceralned that
the extension the submarine cable from singapore To
Hong Kong about 14OO miles, aud thence to Shanghai
ceptly received nv Mr. Cyrus w. Field and ENLISTED to
fha m informed
Singapore to Hong Kong viii he laid by the LIST Of May,
and he in actual operation by the LIST Of June next An
Australian line VIII be completed TO Singapore WITHIN
Two Topographic lines under the Pacific have been suG-
gcsted 10 the Committee: -,,-.---.--,,
one % 3 Ssa in atae ana decS INN,
1oRwad BY way Of the M5Nay Island in aiuie r. .or, %
shanghai in lat a. I length viii be $50 nautical u from
esin al SIS miles The other and more norhem line sn
s shi '4s n''''n '''r1' 10 ''' 49, 80 '
Pacific Cable the foreign commerce OF the word INC
total foreign commerce OF the European ana AineIicta
Asiatc countries consists as follows: Commerce ot me
European nations S,3@.39OAj; that OF Incrlcah ma
fons S1CiOs 22Cg1; total $3S4,2i31l2 The aggregate
value OF the COMMODITIES actually moved one-tentl OF
the $sH213,l2, or 42lall and one,hal OF me RESI-
0s%a1. Il corsdcred From the detailed statements
En- tIc table the following general facts Will appear:
a. Of Europe and Amen VITA VA on hr I,e
1 TSi4 sin n, T kingdom t France aai the U states
s And seles s9 ,3e y 5' q 5 c being o per
cent or 735 per yearly O. From tie proportion Of sI-
Tons we may safely estimate that Of TIE toa commerce
Of the hssic e0nhTes
dl moi exceed O00J3 That The imports from Ties tres We"
New We asasa furnished ~ S2'o AMI ID: ao-e topical Of
Aa remaining sJl2 $3.50 this last portion which mIar -
he commerce ca Iliia Oesls N peculiar Interest
The conclusions to which all these facts lead the Com
nittee IN brief these II surely requires no great
.trctch Of imagination cTedulity 10 believe that COM
mcrce so bencfcent aud ciyizDg, in world like ours
spcedv Increase, especially il wisely aided by our
National Government. II il not for the clear headed
farschted merchants Of the United states 70 close her
upon the that, ia the prOvidcntia march O
events field vast Just opening 10 their we drected
energy The products Of the globe will take the SHORT
est and cheapest road 10 market san Francisco viii be
the cutrcpOt Tor vast part Of the Oriental trade, aud
should therefore he speedily put in Geographic cOmmu
uicatuu " it'll the cOutineurOf Asia.