ATLANTIC CABLES.

A year or two before the first attempt to lay an Atlantic cable, there were only eighty-seven nautical miles of submarine cables laid; now, the total length of these wonderful message-carriers under the waves is over 160,500 English statute miles. There are now fourteen cables crossing the Atlantic, which are owned by six different companies.

The charter which Mr Cyrus W. Field obtained for the New York, Newfoundland, and London Telegraph Company was granted in the year 1854. It constructed the land-line telegraph in Newfoundland, and laid a cable across the Gulf of St Lawrence; but this was only the commencement of the work. Soundings of the sea were needed; electricians had to devise forms of cable most suitable; engineers to consider the methods of carrying and of laying the cable; and capitalists had to be convinced that the scheme was practicable, and likely to be remunerative; whilst governments were appealed to for aid. Great Britain readily promised aid; but the United States Senate passed the needful Bill by a majority of one.

But when the first Atlantic cable expedition left the coast of Kerry, it was a stately squadron of British and American ships of war, such as the Niagara and the Agamemnon, and of merchant steamships. The Lord-lieutenant of Ireland, Directors of the Atlantic Telegraph Company, and of British railways, were there, with representatives of several nations; and when the shore-end had been landed at Valentia, the expedition left the Irish coast in August 1857. When 335 miles of the cable had been laid, it parted, and high hopes were buried many fathoms below the surface.

The first expedition of 1858 also failed; the second one was successful; and on the 16th of August in that year, Queen Victoria congratulated the President of the United States 'upon the successful completion of this great international work;' and President Buchanan replied, trusting that the telegraph might 'prove to be a bond of perpetual peace and friendship between the kindred nations.' But after a few weeks' work, the cable gave its last throb, and was silent.

Not until 1865 was another attempt made, and then the cable was broken after 1200 miles had been successfully laid. Then, at the suggestion of Mr (afterwards Sir) Daniel Gooch, the Anglo-American Telegraph Company was formed; and on 13th July 1866 another expedition left Ireland; and towards the end of the month, the Great Eastern glided calmly into Heart's Content, 'dropping her anchor in front of the telegraph house, having trailed behind her a chain of two thousand miles, to bind the Old World to the New.'

But the success of the year was more than the mere laying of a cable: the Great Eastern was able, in the words of the late Lord Iddesleigh, to complete the 'laying of the cable of 1866, and the recovering that of 1865.' The Queen conferred the honour of knighthood on Captain Anderson, on Professor Thomson, and on Messrs Glass and Channing; whilst Mr Gooch, M.P., was made a baronet. The charge for a limited message was then twenty pounds; and it was not long before a rival company was begun, to share in the rich harvest looked for; and thus another cable was laid, leading ultimately to an amalgamation between its ordinary company and the original Anglo-American Telegraph Company.

The Great Eastern paying out the Atlantic Cable.

Then, shortly afterwards, the Direct United States Cable Company came into being, and laid a cable; a French company followed suit; the great Western Union Telegraph Company of America entered into the Atlantic trade, and had two cables constructed and laid. The commencement of ocean telegraphy by each of these companies led to competition, and reduced rates for a time with the original company, ending in what is known as a pool or joint purse agreement, under which the total receipts were divided in allotted proportions to the companies. These companies have now eight cables usually operative; and it was stated by Sir J. Pender that these eight cables 'are capable of carrying over forty million words per annum.'