The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-08-27
1HE Cable RTNG UNrERRIErED.
Nervous Shareholders Assured that Evarts's
BARK h. Worse than Hts Bite.

LONDON. Aug. 1j.-War having been de-
clarcd by the United STAGES Government upon
the English Cable Ring, it would be interesting
to know how well prepared that Government il
to carry on the campaign. | nm assured that
the cable company is amply able TO care for it.
self, and il IL to be hoped that Uncle sam hos
strong weapons Of attack. Briefly stated the
case il this: The Direct Company was allowed
to land its cable at Rye Beach. n. H.. ON the
pledge that it would never consolidate with any
competing line. This pledge has been broken.
and the United States Government threatens ~
deprive the company 81 its privilege Of working
its line to the shore end NJ Rye Beach. Nuiwith-
standing the cablcd threat was served on the
Direct Company during the latter part Of July.
the Shareholders Of the company were kept in
happy ignorance Of the attitude of your Govern
mcnt until the Times on Aug. g. copied from
the New York papers paragraph which unde-
ccived them. Alarmed. they demanded an OK
PLANTATION. and the Secretary responds this
morning with circular. i'm which he saws with
charming col 'ldeuce. that the explanation they
vii be- able 10 uuer our GoNernmcnt wi sure
is be satisfactory. and they cannot believe the
GOvcrnTen. of America would under any cir
cumstances drive from their shores n cable
without which there would virtually exist hut
one company to carry on the great traffic be-
tween the two continents an act which would.
IN addition. inurlously aii"t the internal teIc-
graphic busin ss of the United States" They
also prc mise not to raise the present rates and
this pledge is certainlyan important concession
II II he sincerely given
But these sweet aud onciliatory promises are
very different from in" bold words of the Chair
man at n meeting Of the Anglo directors u few
DAYS egO. These words wcrs almost exactly as
follows: We have the means Of defeating the
purposes of the United States Government, and
We shall use them" Now what are the meansY
Undoubtedly. the United States may carry out
its threat. but neither Tn" American nor the
Canadian Government can hinder the Direct
from towing the shore end of its line to New
foun1land and landing 1t there. whence. by
making use OF the privileges under the grant
10 the French cable company also owned by the
monopOlists. the communi, cation may be car
ried To Canada without fear Of interference.
Then, with n doubling OF the cable rates. how
complete would be- inc revenge This may not
be- tho pinn of the Cable Ring hut the possibility
Of such action Gusts doubt of sincerity upon
the circular mentioned ahov" Cyrus Field
puotcdas saying last week thutth. United States
could not and would not stop thn working of
the Direct cable The London World which
prints this ! mark, adds that Mr.. Field is Il
blower" But j. h, blowing now
There H. Il growing feeling among honest
men here that American money Will soon fur
nish anoth r. cable and that. until this il done.
the cable monopoly can never De over 'Ome.
The Angles very existence depends ON it,
being alon" in the field. The French cable wis
the first to -uccumb. and the Direct has followed.
Vh' only chance nov H. felt TO Do an American
cable luld by means Of American money.