The weekly miner. [volume] (Butte, Mont.) 1878-1881, 1881-01-25
A Grand Euternriss.

A Grand Enterprise.
CHICAGO, Jan. 21.-A New York cores
pondent says: The consolidation of the tel
egraph companies is but a preliminary, as 1t
appears, to a rapid and systematic develop
ment Of telegraphic enterprises under the
general management of Gen. Eckert. of the
grand telegraphic net work extending around
the world and having its center, not at Lon
don, but at New York. While Field has
been talking about it the Englishman Bender
has been adding wire to form his world CIR
die of international telegraph" the basis of
which was to be The complete subordination
of the whole cable service of the world to the
cable consolidation effected by Mr.. Bender in
Londsn on the 14tK of December last. The
World announces til first step toward break
ing the continuity Of Bender's grand cosmo-
politan coil had been taken by the American
Uuion Telegraph Company, in behalf of
which Jay Gould had ordered from Messrs.
SIemens q c.. two new cables Of first class
to be laid at the earliest possible moment
ftom the coast Of England to the coast of
Newfoundland. There was flied at Albany
on Wednesday a certificate Of association of
the American Telegraph and Cable Company.
This company is organized for the purpose of
forming, constructing, purchasing or ether
wise acquiring and maintaining a land aud
submarine line or lines of electric telegraph.
The capital stock of the company will be
$40 900 200, with power to increase the same
to such all amount as may be necessary to
build the lines of telegraph and cable con-
templated by the company. Under the con.
solidation of the three telegraph companies,
the American Telegraph and Cable Com
pauy cooperating with the new organization
they will at one proceed not only to increase
the existing cable facilities between this
country and Europe, and to extend south
war the cable which now connects this coun-
try with Cuba and the West 1ndias, so as to
secure for the great coffee trade of the Uni
ted States direct telegraphic communication
with Brazil, but also to lay cables under the
Pacific from San Francisco to Honolulu.
From Honolulu one cable will be laid under
the North Pacific to Japan, connecting there
with a cable from Itaki to Shanghai, in
China, and another under the South Pacific
by way OF Ellices Islands and the Friendly
Isles to New Caledonia, and thence to Bris-
bane in Australia, where it will connect with
the Australian and New Zealand cable system
in one direction and with the Australian and
Straits system in the other direction. 1t is
not the intention Of the company to adopt the
IDEA of Evarts of asking for a government
guarantee on these Pacific lines as it is we'll
ascertained that if these cables are construct
ed on sound principles M managed with
judgment and economy they cannot fail to be
remunerative. Should the government de.
sire it, however, a connection may be made
from Vancouvers Island by way of Alaska
with Pretropauowsky and thence with the
north of Japan, and for such connection it
would seem to be proper and fair that the
governments of Russia and Japan as well as
the United States should assume reasonable
responsibility, since, excepting in connection
with the whaling interest, which now suffers
greatly from the rsmoteness and inaccessible
iy of the sea, in which it is 50 largely prose-
cuted, no very profitable business is likely to
be developed on that part of this world wide
cable for some years to come. Under the
new agreement one Geographic and cable
CO, with central America and with South
America can and will be pushed forward with
great rapidity.