New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-01-25

q project for another lne OF perhaps oo IMAM oio' anu
lattery there discussion about IL In inc
pngl,sh naners The known determination Of the Anglo
American Copay 10 stick TO its present extreme tariff
finds no approval either with the business public OF the
general public. What the newspapers THINK OF IL ana OF
the decision which doubled the rates for news dispatches
on account Of private quarrel need not say All our
liking for Mr. CYRUS Field does not make that act more
paatabe II the AngoAmerican stockholders knew the
ect of Il on their receipts it would hardly suit them
any better than IL does There has been good deal
OF uterng among them on account OF the rumored IN
deltang for another cable 1t partly TO counterfeit
that presume that the plan OF getting the Govern
ment to buy mp the existing cable at an enormous
figure was concocted. Curious phenomena have been
observable lately by those who look fat Stock Exchange
transactions telegraph shares Such matters are not
much In my way, but was struck by the experience
which friend who held number Of shares has related
to me. When the new cable scheme became known.
there was q momentary alarm. My friend wrote to his
brokers to ask whether they had heard of It, He re-
ceivcd for that 1t had just become public, and
that they had sold his shares without waiting for instruc-
tons Shares then stood at 49, and this was two or three
weeks ago. They nevertheless began at to go up
under what influences, or by what manipulation, will
not attempt to say. The belief in favorable report
from the directors and large dividend may have had
something to do with it, The expectation OF purchase
by the Government lat the moderate and modest figure
OF s25 OOOOoO) may have had something whatever the
the price kept mounting until on Monday
Of this week It touched 49, One would be inclined to
say that rise OF a25 per share IN two weeks might be
more less specuave that at rate some kind OF
information quite suddenly communicated either TO the
public or to number Of interested individuals has had
powerful effect
IT, furthermore this sudden rise should prove TO be
followed by fall sudden, 1t might be suspected that
there had been information withheld, well as COM
inundated and that the kinds of information were
not equally favorable to the prospects of the Anglo
I'm, tho day ln
shares had reached O they FELL it happened, TO 1872
and on Wednesday yesterday they fell TO 125. BY
curious coincidence the papers of this morning publish
an official statement from the Secretary Of the Anglo
American Company, which will take leave to quote In
full 1t is this;
No. 20 OLD BRoAD-sr LONDON, Jan. 10.
to certain rumors affecting the condition of this Com
shareholders that according the results Of the tests
reported 10y the Companys superintendens at Vaentia
Hearts Content the insulation OF the cables both or
1865 and 1866 shows considerable decrease 1t Is
proper however TO add that this decrease OF insulation
does not ut present interfere with the regular and rapid
transmission of messages With view Of ascertainlng
more accurately the exact condition Of the Companys
cables the directors have determined to send MI VIII
loughby Smith to Vaenta to supplement the tests made
cae6ientt ssts.enf JOHN GRANT, Secretary.
IT is impossible not to admire this sudden development
Of conscienteusness among the directors. There have
been ruors affecting the condition Of the Companys ca
ble and the directors attention has been called them
and thereupon they hasten to perform what must be the
painful duty of informing their shareholders that the
insulation of the cables both of 1865 and 1866 shows
considerable decrease. But might we be permitted TO
ask when this decrease shown and when the fact OF
the decrease became known to the drecOrs 1t only
three days, we have seen, since Ango-Ameriean
shares were rising and had gone up by Jumps to 49,
Is IL within days that the failing insulation OF the
cables first became known to the directorsf Was 1t
known when the rise began two weeks ago or more
Was n known when they conceived the plan OF selling
their cables the English Government In any case
will the directors let know, let their shareholders
know, how long this momenous information was in
their possession before they considered 1t duty 10
communicate 1t TO them and to the pubicf
We seem at last got to the bottom Of the ques
ton whether the Lord Chamberlain has been protecting
the Government against the satire or the pantommes
Mr. W. B. DOnne who is the Lord Chamberlain's deputy
and who signs himself EXAMINER Of Stage Plays and
dates his letter from the Lord Chamberlans Office, ST.
Jamess Palace" has published confession Of his SINS
He denies that he has received any instructions either
from the Lord Chamberlain from Mr. Gladstone or any
other member of the Government He declares never
theless that he like his predecessors has uniformly cut
out "personal personally political questions, as well
as passages words and phrases likely to give
offense moral or religious grounds" 1t amounts to
this ten that when the Government through Its semi
official organ affirmed there not word Of truth in
story that such excisons had been made meant to
say that il had always been true. Mr. Dome has exer
clsed I'm behalf Of Mr. Gladstone and Mr. Lowe the
friendly sOctude which he had before exercised in be-
half Of MI Disrael and Mr. Ward Hunt Politics not
allowed oil the stage. That depends. Hyouare Prime
Minister or If you belong regular party, you may be
safe; but you happen TO find yourself outside Of what
our Tory Senators used to call "a healthy political or
ganizatiOn" you fair game. II MI. DOnnes state
ment that out all personal personally political
illusions be true, how happens it that Sir Charles Dixie
and the Republicans nightly lampoOned on the Lon
don stageI
Not only the Manchester Chamber OF Commerce but
the Trades Congress in session at Nottingham, APP
pears sineularly ungraefu for Mr. ScudanOres efforts
to discipline the Post Office Department Mr. Prior
moved this afternoon, that the Congress felt IL their
duty to condemn the deliberate breach OF the first
ton of the Criminal Law Amendment act by subordi
nate officer OF Government" and expressed their hope
that some member Of Parliament would soon call the
attention Of the Legislature TO the conduct Of Mr. Scuba
more in dischargng Of the chief officers Of the Post
Office for holding office In association recently declared
legal and which the protection Of the law had been
The motion unanimously carried. My
belief that but severa! members OF Parliament
will find meaDs of calling attention 10 Mr.. seudamore not
long after the session opens The dismissal Of public
wants for joining legal association, and the opening
and suppressng OF private dispatches, may seem trng
matters to Mr.. scudamore To persons Of less exalted
mitted To quietly. G.w.s.
WEST INDIES.
EFFECTS OF QUARANTINE AT PORT-AU-PEINCE.
HALIFAX, n. s., Jan. 24.-An arrival from
the Wce Indies reports that the quarantine Of vessels
at POItauPrnCo has been reduced 1--WE days Fifteen
davaG TIM liaasf