Year: 1879

EGRAPHED IN HALF AN HOUR.


From the Boston Post. March H.


We are enabled to lay before the readers of tho Post
this morning piece Of exclusive intelligence which
will be found Of intense and universal interest. 1t
reaches us by the last mail from London, and indi
Gates that the Old and New Worlds about TO hail
the approaching dawn Of cheap tclegraphy land
and under between and throughout all
the countries Of tho civilized globe. but moro
particularly the Atlantic Ocean be-
tween Europe and America. We learn that
the American Cable Company of New York. through
its general agent, who is now in London has Just
closed signed and sealed of the most important
contracts that connected with the subject
Of tce,raphiug. and by which the new company has
secured the exclusive right to the OF new invcn
ton process for sending messages by cables and
otherwise Ono party to tho contract guarantees 10
o 2Sronsh , the Conducting wire between Paris or
London aud New York. This il the min
imum speed stated in the contract; but IL
is said that at the c-maximum speed what could be
sent in thirty minutes would be cqua, to tho num-
Der OF words contained In number Of the London
Times or the Nnw Ycnx HsRAID. And it is also
serted that by this process entire number Of either
of the above named journals could be despatched
through the cable from New York to London Paris,
or from London to New York. and be reproduced ut
those points in fac sim,e. stereotyped block
plate, complete and ready 20 be printed from in
thirty minutes. and at triing expense. This would
make average rate Of about two Thousand words
per minute.


What has enabled this wonderful process or invcn-
ton be brought to perfection and put to practical
use il the system and inventions now controlled
by the American Gable Company, these latter instru
serving tho basis OF the new discovery The
above named company has are informed
elusive right TO the al Of its proposed cables
Of both OF these most wonderful inventions, but
the general agent owns and controls all the
other rights OF both inventions In all countries
and for all purposes. II is now believed that
with the combined use Of these two
inventions the new cable company win be able to
reduce the tariff for cable messages between New
York and the ve different countries which TO be
connected directly by it's cables to from three 10 Ave
cents per word and pay dividends Of from eight to
twenty per cent its total capital. We take great
ican company is to be tho rs to enjoy tho distinc
ton and receive the benefits of the Introduction to the
world Of these two inventions, concerning which
more full information IL yet to be received. They
will be instrumental in bringing about marvellous
advanccmcnts in tho distribution Of news aud
private communications by telcgraphic methods
throughout the world The great importance of this
discovery may, perhaps. be better appreciated from
the additional statement that at the moment Of sign
ing the document of transfer to tho American com
pany through its general sagcnt the inventor was
offered for his process so large sum as f40OO00 by
the Anglo company through parties inter
cstcd In the latter. 1nasmuch IL could
for lack OF the proper electric ns,ruments the
benefit OF IL would of course have been lost to tho
world. We understand that company is to be
formed in London, with large capital. TO bring over
and operate all other rights of the invention outside
of those held by the American Cable Company. II is
evident that ocean tciegraphy is yet in its infancy
and Amcricnps will have reason TO feel proud OF
seeing the promised revolution In the business set
foot by q company that bears their country 3
name.