The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-03-20
Further Details Of tho New PLAN of
Cable TelcGrapl,inS which Is TO OUT
do all Former Efforts. -.

Further Details Of the New PLAN of
Cable TclcEraplainS which Is TO OUT
do all Form or Efforts.
In the Boston Post OF last Tuesday an
pcRred all account Of plan Of cable teIe-
grarhv. which sets ut defiance all the
methods OF telegraphic Transmission now
known. Tie news Of the Post came from
London, and announced that the Ameri-
can Cable Company was one OF the
parties to 4 contract which would give
the company the exclusive right to
process, by means Of which. at a mini
mum. ten messages, each OF twenty words,
could be sent each minute from London or
Paris TO this city. The maximum OF trans
mission was said to be 1000 woi DIS per min
ute. or ten times the minimum rate. BY this
method, II feasible, an entire newspaper
published on one side OF the ocean could
be reproduced in less than an hour on the
other side in fac-simile and stereotypcd at
4 ridiculously small expense. According
10 the article in the Post, the new inven-
tion will not only reduce the cost OF
cable tclegraphy between this country and
England and the continent to from three
to five cents per word, but the investment
in the company will pay dividend OF from
eight TO twenty per cent. Wonderful as are
the capabilities OF wire and an electric
current, these statements seem so eXtraya-
giant that Worid reporter called ct the off ce
Of the American Cable Company on yester-
dar in pursuit OF information about the
Post. and saw one OF the eompaDy's off,
GERS, who said: -.- .-..t
Concerning the new fac-simile process
Of tcle.raphn. about which the Post has
spoken we wish TO say nothing. Be it good
or bad, we own the exclusive right to use
it across The Atlantic. The power OF per-
Hormance which the inventor claims for his
system is carefully stated in our contract
with him, and you may scan that for your
own private information, but not for publ
cation.
"rhe American Cable Company does
not need gratutouS advertising, and l re-
grct that the Post should have made the
statements which are ridicuted by some
Of to-day's papers. 1t does not desire
to announce its plans Just now, and it has
no fayors TO ask. When its line is working
to Europe for five cents the word the news
papers may compliment US II they will.
The silver wedding Of the first cable has
seen reduction from two dollars per word
to >evcnt-tivc cents. I expect its golden
anniversary will present something better
than that. The day has nearly gone when
any cOTDOT9llbH u!itS lIupUSC All GliuUSl iiO.
hibitory transit-taX upon each wcrd OF i'm
portart news and urgent commercial corre-
spondence passing between this country
and Europe.
THE fact is that few gentlemen have
privately Joined together to carry out Ger
tain telegraphic enterprise. They expect
to succeed in their undertaking, and when
they have done so our people will enjoy
cheaper cable communication, and every
body will know ali about it. We have
managed TO keep out of the newspapers;
We don't believe in hunting ducks
in company with brass band, and
shall continue to mind our own business.
This policy has enabled us TO quietly acquire
several important inventions. We own
repeater which consider the most wonder
fu instrument OF our group, and yet no
thing about it has yet appeared in the news
papers. I suppose when assert it may be
used successfully On Il cable at the bottom
OF The sea, simply invite all telesraphers
to bowl and pronounce lie an idiot. We
shall see. Tie unexpected often happens"
Nelc Y0rk World.