The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1881-02-09
TELEGRAPHIC
The CONSOLIDATION.
Grand Scheme by the Worlds
Greatest Sehemer.

Greatest Sehemer.
New York, Jay Gould said to a
reporter yesterday in ans wer to questions,
that the consolidation of the telegraph
companies, against which Rafus Hatch
aske1 an injunction, had been finally &C
complished, so that it is not likely to be
disturbed by any legislature or judicial
action. 1t is transaction competed On
| just and fair terms to all concerned, as
well ss TO the public, and IN compliance
with law. 1t cannot be disturbed. by
legislation, and as you will see by the
very able decision Of Judge Barrett,
which has been corcurred in BY the At
torney general OF the state, that the
courts affirm the absolute legality of all
that bad been done. l am very glad to
have the opportunity to say ths object Of
con olidatlon was 70 carry out q long
cherished plan Of developing in the
United States an efficient system ofchesp
tetegraphy on a great scale, both by sea
and land. When l was 10 Europe in
1879 was struck by seeing how much
more freely the telegraph WAS used 10
ordinary private business there than in
this country. This Is especially true of
Switzerland. OF course the distances "a
be covered in TINS country sre so enor-
nous and the population 60 sparse that
we cannot for some time TO come expect
to see the work of covering the wi ole |
country with Geographic system done
as cheaply here as In little country like |
Switzerland, but l am sure under one
system without conflicting interests t. |
look aftes, and with the expenses Of only |
one organization instead of three or four
to be met, such economies can be intro |
duced into American biography that the |
rates to press and public can be gradu |
ally and systematically cheapened with /
out impairing the efficiency OF the service. |
Reporter-Do you think, then, this /
will be the result of the change? Gould /
= Of course I do, for it will be the policy /
and purpose of the new company to /
effect this. 1 went into it with this view /
and shall certainly use my constant eff
fort and all my influence to make this
policy and this purpose successful.
Reporter-Of course you know this is
not the general impression, and there are
in the produce, stock and
cotton exchanges looking to new tele-
graphic projects2 GOuld-Yes, l know
this, and sm not surprised at these pro
ects nor at the solicitude with which
merchants and business men have looked
1t the consolidation, about which SO
many stories have been aaoat. Ifthere
had been any truth IN these stories the |
exchanges would have had very good
reason to set about organizing new COM
Danies, but when sensible people come to
General Eckerts' practical
plans for the future,
which embraces establishing direct spe-
,isl wires between business exchanges all |
ha NJ |
direct communication with each other
and with the great markets Of Europe, l
.hink they will see matters in different
light. My idea of telegrsphic system
g to supply every body who wishes con-
.rol of Geographic facilities, with those
facilities giving private business houses
wires of their own whenever they re-
Iuire them, and doing the same things
.or newspapers, exchanges and railways;
n short, all interests. The new
company now has under con-
ract through g new cable company
organized at Albany, two cables
between this country and England, which
ire to be laid early the coming summer.
Gables will also be laid from Cuba, where
hey will connect with our present system
o other West India Islands, 10 Brazil
md other harbors of South America, as
we'll as from San francisco To China,
Japan, Oceanica and Australia, with q
northern line by way Of Puget Sound to
Alaska and Northern Asia, connected
1t Kamtchat!la, with the Russian system,
10 that st no distant day st Petersburg
will be in direct communication with
New York, by way of Asia, as we'll as
Europe. and England will reach Der
Australian Colonies through New York
Md by our American lines, cheaper
md more peiiLiously than over Eng
ish wires, through the Red Sea and by
way of India.
Reporter = Then you contemplate q
general cable and telegraph system
Iround the world? Gould - ertainly We
10, and we contemplate such system as
IN American system, of which New York
md not London shall be the centre. 1
ZEE no reason why the United States
hould permit the position which geo.
belongs to us to be taken
way from US by England. While rival
companies In this country
we're fighting each other for domestic
business, they could neither do the
domestic business on sound principles
Tor do any thing to compete with Great
Britain for the general telegraphic bust
less of the world. Now we have changed
MI this, how completely, you may judge
when l tell you that since the corsoli-
lation SIO,0O0,000 have been subscribed
o carry our cable connections into effect.
Jay Gould, this morning, changed his
,fice to the Western Union, Vanderbilt
emsins q director. General Eckert
general manager this morning.
The American Union stockholders this
morning ratified the consolidation.