Richmond weekly palladium., 1875-12-09

terprIse. 1t was, however, IA heavy charge
upon the means of communication which
tercourse of the world found to be a neces-
sity, and the obtaining of this French con-
eession showed that other capital than that
already IL ested was ready to enter into
competition with an assurance of adequate
returns for the outlay. impressed with the
cOnNIctlOn thai the interests, not only of
the United states, bur of the world at large
demanded or would demand, the multi
pllcatIon OF such means of communication
between separated continents, was deSir-
Gus that the proposed connection should be
made, but certain provisions of this conces-
SION We're deemed ny me to be ohjectiona-
bic, particularly one which gave TOR IA long
rin of years the exclusive right of teie-
graphic communication by submarine ca
BILE between the shores of France and the
United states l could not concede that
any power should claim the right to land a
cable on the shore ofthe United States, aud
at the same time deny to the United states
or 10 NJ, on eiiizeh, it % an equal right to land
connections for the laying of a C ,ble with
IN the Jurisdictional waters of the Unit
Ell STATES, 10 connect our shores with those
OF any foreign State, pertains exec usiveIy TO
the United states, under such limitations
and co EDITIONS as Congress may impose. In
the absence of legislation by Congress, was
unwilling, on th~Done hand. to Weld TO n
! foreign State the right to saw IN; grantees
might land on our shore, whiIe. il denied !.
similar right i'll our eople To land or, their
shore, and ON the other, was reluctant TO
deny 10 the Interests of rl- world and of
civilization the facilities Of silcii commune
cttion as We're proposed therefors. with
/ menu any fesiStsihc- to the handing of any
cable, on the condition that the offensive.
monopoly feature OF the concession he
abandoned, and that the right of apy cabl,.
which may lie established by authority of
1 this government to land French territO-
ry. ana 10 connect with French land lines.
and enjoy the necessary facilities or priv,
ilges incident to the thereof upon as q, ;
votable terms as any other company, be
conceded As "A result thereof the company
in question renounced tue exclusive priv
/ ilegeS as the repreSe enf;ttiv.. of France and
were informed that, understanding this re-
nod.
4 them entire reciprocity, and the. several q
cilities which had been demanded the on.
position to the landing of the cable Was
withdrawn. The cable under this French
concession, was landed in thu. month of
July. 1869, and has been am efficient and val
uabie agent q co .nmunicatio between tn is
country ana other continents. 1t soon
passed under the control of those who had
the management of the cable. connecting
Great Britain with this continent ami fhuS
whatever benefit to the public might have
Injured from the com petition between the
two lines was lost. Having greater facil-
tiles, an atditiona line, and additional Sc
curity against accident to them. by these
increased facilities and this additional se-
curity, together with the combined control
OF capital, gave the two companies greater
power to prevent future combs nations of
other lines and limit the control of tele-
graphic communication between the two
continents To those possessing ines already
laid.
Within a few months the United states
Direct Cable Company has laid "A s.abie con-
1 Meeting the United States directly with
Great Britain. So soon as the cable was re-
ported to be in working order the rates OF
| the existing consolidated companies were
| reatly reduced. Soon, however, break