The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1884-08-23
The POSTAL TELEGRAPH.
How II Is Spreading It's Wires over
the Country.

George Roberts, In recent inter-
veiw with a Chicago correspondent,
says he has invested large portion
of his handsome fortune in the Postal
Telegraph, and means TO devote all
his faculties and energies to the de-
velopnIent of the system. It Is the
only thing he talks about with en-
thusiasn. The Postal Company cer-
tainly has accomplished wonders. 1t
has tie ocean cable laid and in SIX
weeks will have another. By con-
soiidation or pool arrangement with
the other two opponents of the West
ern Union, they come In competition
with The latter at rs per cent. of the
latter's paying points. And how they
have cut rates. The Postal Company,
the Bankers and Merchants and the
Baltimore Il Ohio Com lanies are now
working altogether In a pool. Com
bined they have something like &C, 900
miles OF wire, and they cover every
important city IN the Union, except
isolated san Francisco. They have
lines from Boston To Washington via
New YORK, Philadelphia and Balti
more, Boston to Chicago, taking in
all the blg cities en route, New York
10 Chicago, Pittsburg, Cincinnati,
Cleveland, st. Louis, Louisville, Chi
ca2o to ST. Lonis, to ST. Paul aud 30 on.
In fact they cover every important
point in the West. ami they are
strineing wires constantly. The Pos
tai Company will this Fall extend its
lines to- the South and Southwest,
and Mr.. Roberts says
WILL REACH THE PACIFIC COAST
Probably by January, 1856. John
Mackay has gone into the enterprise
heart and soul, and has already put
something like So. 900, 900 into it, Their
next important move will be to open
the new ocean cables for business
about October 18th, with a tremen.
dons cut in rates. The present cable
toll are shilling Il word. address and
signature TO he counted. The Postal
Company will cut this fully so per
cent land thsa look out for cneap D tele.
graphy across the ocean. As | said
before, Tue land lines have already
cut To what seems TO a Californian
marvelously low figures. Tney send
Lwenty-word messages from Chicago
to New York now for % cents, and
night messages 10 cents. Washing
ton, Philadelphia and Boston have
the same rates. The rates To news
papers, though, are the ones that as
tonish the people. Chicago news
papers are now making contracts with
the new company, and with the Wes
ern Umon, too, for that matter, for
quarter OF u cent a word for any point
east OF the Mississippi. and % per
cent. off on weekly bills. Al thai
rate IL actually costs less 10 have news
telegralhed than II does To put it in
type. Tue cost to the New York pa
pers OF telegraphing the proceedings
Of the two Conventions was less than
s5 column, and all went as
SPECIALS TO EACH PAPER.
The public is taking every advan-
tage of these low rates, and the Uusi-
hess of the Postotlice has to some ex.
tent suffered. Nearly all the mercan-
Tile correspondence between Chicago
aud New York is nov aone by telc-
graph. Many OF the leading houses
have contracts on a,nIO as favorable
terms as the nea spapers, and they
load the wires every night with long
commercial letters back and iOrtn.
Mr.. Roberts says the great IN ission of
the Postal Company will bo to cheap
en- and pupularIze the wire as a means
ofcommunlcatlon That II will IN due
l,ine almost wholly supercede the
Postoflice for business correspondence
he has no doubt. Roberts lays that
the mining business In New York Us
com rle ely gone. Both Mining Ex-
changes are extinct or practically 20
and the few VINO .ling 10 the business
ara living from hand To mouth. The
Boreel which MAS Used TO be mining
hive, has evic Ell ils last mining ten
ant and no mining man can rent an
office there fo, any consideration.
The "Calliornia Colony long since
broke up and scattered, and the min
ing craze of 1888 seems like u dream
OF the past.
IL il said thai "A hen GreeleV'S party