The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1883-08-03
Telegraphic.
HOW THE WORLD WAGS.
Two New Telegraph Companies TO
Furnish Cheap News.
The New York Sensational Negro In
fatuated with White Woman
Political, Criminal and
Accidental.

New YORK, August 2.-Alderman
Hadley, of London, president OF the North
American, British and Canadian Cable
company, sailed for England Wednesday on
the steamship Gallia. His mission to this
country, which was TO secure telegraphic
connection through the United States and
Canada, independent Of the old companies,
he says has been successful The Ameri-
can, British and Canadian Cable company
was organized to transmit cablegrams at
cheaper rates and with more dispatch than
at present Alderman Iladley, who was
seen by reporter on the Gallia, rejoiced
over the success OF his scheme. "The
new company, " he said, "has been orga.
nlzed IN opposition to existing organiza-
tons. We shall give the public, despite
the opposition OF certain syndicate, more
rapid aud more certain communication
with Europe at largely reduced rates. All
contracts have been completed, which in
sure for ten years at least
CHEAPER FACILITIES TO PEOPLE
who wish to use the cable. We in
tend, upon my return to
TsllElaUu, 10 make llnnfp-
diate arrangements for the full completion
OF the eutre system, and shall proceed by
laying cable from Penzance 10 Sable
Island, and from ths. point to Halifax. At
the latter place we shall be connected with
the entire telegraphic system OF the
Dominion OF Canada, and by a favorable
arrangement Just completed with the Amer.
lean Postal Telegraph company We shall
have direct communication throughout the
United States. Our cable will be about
200 miles long, and more direct than any
other now existing. Eventually the COM
pany will have cable running to New
York. The capital stock is s. 800, 600, and
the greatest share Of ii is already subscrib-
| ed The new cable will be few miles
shorter than the others, but IL is our system
Of operation that will enable us to transit
messages rapidly and at very cheap rates.
! 1t would not be advisable 10 state, Just at
| present, what our system is. This much
will say, however, it Is entirely new, it
| guarantees absolutely cheapness, rapidity
and certainty, and these fiji all the require.
ments OF he public. am not at liberty TO
state the nature OF our contract with the
| American Postal Telegraph company, ex-
! cept that II is an alliance that will benefit
the public and that pooling with other com
! panies is prohibited for years. expect
that we shall be in operation within six
months.
NEW COMPANY INCORPORATED.
A certificate Incorporating the Ex-
change Telegraph company was filed
Wednesday in the County clerks office.
The lines Of the company are to run from
this city to San Francisco, CAL, touching
at all intermediate points which may be
desired. The capital stock is fixed at 81, -
| 900, 900, divided into ZOO shares OF 81 200
each, and provision is also made for the in
crease of the capital stock in case it be-
comes necessary. The incorporators are
Stephen d. Field, Charles 5. Hurd, Alex
auder THAN, J. Bentley Squire and James
c. Jewett. The Bankers and Merchants
Telegraph company secured a loan from
the Farmers Loan and Trust company OF
! $500 900, for which it has issued 200 bonds
| OF the denomination OF 81 900 each