The New York Herald Newspaper, August 9, 1858, Page 4

4 NEW YORK HERALD. JAMES GORDON BENNET®, EDITOR AND PROPRIETOR. OFCLCE BH. W. CORNEX OF FULTON AND NASSAU 873. Fale DUTT BER AED. too cont " 200 . 4 THE WRERLY UERALD coors Sanundey, wt oie conte. Der eePy, oF $3 per annum; the Bw Edition $4 Pay sannum, (0 art @G reat Brfiasn, or Ee any part of Wie Continent, tO inetucde postage. TH! FAMILY HERALD, every Wodnenlay, al four cons per Sy oF BL per annum. ‘ JOB PRINTING executed with meatness, cheapness and di por AMUSEMENTS THIS EVENING. WIBLO'® GARDRN, Broadway—West Evo, ox tue Inia Hawsrss—Prowan ape Conceat. BOWRERY THEATRE. Bowery—Hautet—Tus Gcxoor Masive—Piessant NeIGuBOR. ‘WALLACK’S THEATRES, Brosaway—Buuro.ogr—Yourc Actarss—Pacvy Mies’ Bov. BaRBUN'S AMERIGSN MUSEUM, Broadway—Arer. oon nad Eveaing, Macio, Ventaioguisa any CurostiEs WOOD'S BUILDING, 661 and 643 Broadway—Eraioriay Bowcs, Discus, &o—Vinoinia uma, RCH ANTOS' BALL, 472 Hroadway—Beranre’ Mivsre nis — Deseo Msvonas ab bunuasavaerifor or Fasuion. —_—_—_—_—_—_—_—_—_—_———— New Vork, Monday, August 9, 1855, Ai aaa RRR SE SEISS Revtval of Businces—Vast Increase of Circu- Aation. Dering the last few days about fifteen thousand addi- fiova! sheets have been added to tho already vast daily @ircuiation of the Hxxatp. This we tale to be a symptom @f the approaching revival of business in this great metro- pols. ‘If we Atiantic Telegraph line should be successfully es- tablished, and the mew El Dorado on Frazer river torn oct to be authentic, there will be a rapid revival of busi- pees (broughout the commercial world. ‘We abould not be surprised if, under the coming new ra cf developement, the circulation of the New York Fienac ebould rise toa daily circulation of 160,000, or even £00,000. ‘The pact justifies the future. Now is the time for frech men of enterprise to begin their movements, @ac New York Herald—Edition fer *iurope. Ths Canard mail steamship Earopa, Capt. Leitch, wil! eave Boston on Wednesday at noon for Liverpool. § The European mails will close in this city to-morrow aieracon, at half-past two e’clock, to go by railroad, and @t bail-paat four o'clock, to go by steamboat. ‘The Ecropsar odition of the Hxratp, printed tn French Bad English, will be published at teu o’clock in the ‘Wev Yous Hueatn will be received at the following place fh Barope— Te contents of the Furopean edition of the Hrrap ‘w Dl combibe the news received by mail and telegraph at tae ofice during the previous week, and up to the hour of Pabiicaton. The News. Os despatches from Trinity Bay, respecting the Atlantic telegraph cable, are in the highest degree satisfactory. The electric current passes freely be- tween the stations at Trinity Bay and Valentia, the srrapgement of the telegraphic instruments is near- ly completed, and in a few brief days messages will be transmitted along the submerged wire. Mr. Field's diary of the voyage of the Niagara, a trans- cript of which is given in to-day’s paper, is a sin- riy interesting paper. It is a daily record of al! the ‘mportant incidents that occurred in con- nection with the laying of the cable. As is well known, the fleet sailed from Queenstown on the 17th of Joly. The cable splice was completed at one o'clock on the afternoon of the 29th, and the wire sunk in 1,550 fathoms water. The same evening the electrical coutinuity ceased for several hours, but by the application of proper tests it was renewed, and no further difficulty of a like nature was experienced. The weather throughout the voyage was of the most fa- vorabie character. The progress of the ships after their separation in mid-ocean would seem to have been regulated by some agency other than that of haman ‘intelligence. They ran nearly the same distance aad psyed out nearly the same length of cable day by day ; and on the 3dof August we find each vessel reporting the same depth of water—two hundred fathoms. The calculations with regard to the length of cable required are found to have been wenderfally exact, as the following will show :— Largth of cable on each ship. Peete W os teens Distance run by the Niagara... Jhstance run by the Agamemnon oo The Niagara will leave Trinity Bay to-day for St. Jobns, and after taking in a supply of coal will proceed to New York. Her arrival may be looked for on Saturday next. ‘The steamship Arago, which left Liverpool and Southampton on the 28th ult., arrived off Cape Race aboot five o'clock on Thursday afternoon, and will reach this port this afternoon. Her advi- « bat a few hours later than those brought by the Prince Albert, which arrived at Halifax from Galway on Thursday. A telegraphic synopsis of the news by the Arago, including the latest market reports, may be found elsewhere in our columns. The screw steamship Prince Albert, from Galway “7th ult., via Halifax, arrived at this port last night. (ur files of papers received by her contain no news of unportance that was not given in our telegraphic summary of the intelligence published on Friday. ‘The Prince Albert experienced strong head winds r the first three days of her passage, but notwith- oding, she made Cape Race in six days and fif- hours. Despatches from her were placed on savd a fishing boat off the Cape, the captain of which, however, neglected to forward them. (ur correspondent at Kingston, Jamaica, writing on the 26th ult, says :—The situation of the plant ers was never more precarious than at present as regards labor. Slavery is prohibited, and the non- arrival of coolies has fairly changed the minds and positions of planters. Soldiers demand rations and pay. which the planters grumble at paying, and the discontent created will afford an abundance of work » the Seeretary of the Colonies to concoct and carry ‘nto effect. The crops are abundant, weather (avorable. (sland healthy; but taxation on the plant- ‘wn to a pitch which savors mach of sepa- ation or revolution. Advices from the city of Mexico to the 9tb ultimo inform us that the editor of the Mexican £ztraor- dinary,® journal published there in English, has }cen fined one thousand dollars and prohibited from fe ving any more political intelligence in his colamng 9 fear of publicity, on the part of the Zaloaga ment, is indicative of great fears of an early probabt ta The bark P/ ©. Alexander, which arrived at the swee Quarantine yesterday from Cienfuegos, reports the death ef one of the crew, named John Smith, at The second mate, Stephen P. Morrill, of Pe nen nobscot. died at Cienfuegos on the 22d of June. On the Ist inet., when in the latitude of Cape Hatteras, abe «poke a Bremen ship, bound from New Orleans for Burope, the captain of which wanted seamen. He was understood to say that he had only three men able to do daty. We publish a reswmé of the late disastrous voyages of the ship Sparkling Wave, of Boston —reported in the Hxaanp yesterday—this morhing. A chronolo- roa! record of the dates on which she was visited by the sickness, as well as of the occurrence of the © «the on board is given from the log book. ‘we MoCarthy, of the Marine Court, has within t ow days, beard and decided eleven suits v brought against the Mayor and Corpo 1 cw Wonk, all arising out of the late Street | Com missioners’ controversy, and for vanous claims against the city. Eight ot those cases wiil be found in this day’s Hexacp. Out of the eleven suits seven were decided in favor of the ciaimanta and four for the city; those four were decided on the ground that the officers ordering the work had transcended the powers given to them by the charter and ordinances of the city, We understand there are similar suits pending involving over one hundred and fifty thou- sand dollars. The enies of cotton on Saturday were condmed to about 300 o 400 bales, without change in pricés. We at.il con- tinue to quote middling uplands at 12% c. Flour was firmer and bigber for moat descriptions, while sales were Made to a fair extent, including purcuasea for the home trade and for export. Wheat was firm, with free asics at steady prices. Corn waa aome less buoyant, but in fair demand, with salts of heated to fair and sound mixed . Weevern at 68c. 0 900 , white Southern at 00c. a 06c., and yellow Jervey at $1. Pork was tw betier request aod firmer, with eales of mees at $17 40.0 $17 G6, and prime at $15. Sugars were firm, with sales of 6000 700 bhés. Porto Rico and Cuba muscovados ai full prices, For the words “pause in the sugar market,’ in our summary 7as- torday, we were made to say ‘a panicta sugar,” éc. Coffee, in view of @ public eale of Rio to come of next week, waa quiet, while prices were steady. There was rather more Offerteg in freights, while engegemenis were limited "Change was thiviy attended yesterday, many merchants having departed in the forencon for the country. How ts the Atlantic Telegraph to Affect the Cenaition ef tme Woria? The successful laying of the Atlantic tele- graph cable takes the world by surprise after all, Just as much, perhaps more, than did the success of Fulton, though steam power had been epeculated upon since the time of the famous Marquis of Worcester. What are to be its positive and actual consequences is already the subject of profound inquiry among reflect- ing as well as learned men. In tht first place we are all struck with the extreme simplicity of the agent employed, electricity—familiar to man in its effects in all ages of the world, but now seized upon and controlled by him to obey his will, register his thoughts, and to communicate them with a speed surpass- ing that of the most ewiftly revolving planets. So the production and control of steam derived from water, the simplest of elements, by the application of heat, the simplest of agents, and by which immense powers have been created, far exceed any other invention of a mechanical nature hitherto known to us. The simplicity of first causes strikes every one with astonishment, and the tendency of science in its daily deve- lopements is but to show the action of the same simplicity in the origin of most of the sub- stances familiar and necessary to man. Itis a curious thought that probably the great Creator of the universe watches with in- terest, if not pleasure, the progress of human intellect, its approach, though stil! at an infinite distance, to His own attributes—doubtlesa with pity, too, that the moral improvement of our nature does not go on with equal rapidity, when we are not left to grope in darkness or experiment in uncertainty, since we have a clear revelation of His will and His designs. No less curious is the fact that by human in- genuity the natural obstacles to the communi- cation of thought interposed by seas, continents and distance are now obviated, and the chrono- logy of events in respect to apparent time, by which the world has always regulated its move- ments and preserved its records, is at once changed; so that what happens in any place to the eastward of another is known at the latter before it has, in the order of time, occurred at the former one. The first great uses of the Atlantic telegraph will, undoubtedly, be made by commercial men ; their material interests will first be considered. The newspapers will make financial and commer- cial movements an early and constant subject of their despatches. The arrival and departure of steamers and sailing ships, on which the for- tunes and lives of so many of our race deily and hourly depend, will be particularly noticed. The quotations of the prices of gold and silver— the universal medium—will be sought for, since by these the necessity or the advantage of specie shipments is easily determined. Balances will be changed at a moment's requirement from one place of lodgement to another, and pecuniary credit may be promptly sustained in many cases where delay and uncertainty are the only causes of its loss. During the recent convulsion in the money market it would have saved many a house from ruin if they could have known, at the critical moment, how and where their funds or capital could be reached or changed in their employment, or instantly placed to meet an emergency. All funds and all exchangeable values in Europe and the United States will henceforward be so situated with regard to each other that it will be practically as if they were all at one place and subject to the control of one mind, no mat- ter how far their principals may be apart from each other. The prices of natural and artificial products must also necessarily approximate to a greater equality. They can only be made chargeable with a regular commission and the cost of transportation. If flour grows scarce in England it will be publicly known at #0 early a day that the supplies will be directed there with the greatest rapidity. This certain- ty will prevent panic prices and ensure an equitable distribution to consumers before they suffer privation. The risk of incurring a loss on shipments will become unnecessary, for what person would send a cargo of flour or cotton to Liverpool to-day when the telegraph announc- ed to him that it was not then bringing the prices it bore at New York. By steamer or packet there was always delay enough to leavea speculator in doubt, if not to encourage hie rash- ness. We imagine that there will arise moneyed institutions solely connected with exchange and disconnected with ordinary banking trans- actions, into which the great moneyed balances of foreign trade and commerce will be placed for security, subject to order through the tele- graph. The unfaithfulnees of factors and agents will so far, then, be confined in extent to the amounts which they are permitted to retain in their hands. The proceeds of sales will at once go into the safe keeping of these institutions, who will demand a small premiam for their ser- vices. Thus commerce will be condacted by well known and simple rules, without that in- cessant fluctuation which follows uncertainty, ignorance of ruling prices, and unfaithfalness of agents or distant partners. In the same cate- gory the other industrial pureuita of men will be found, all “keeping step to the music” of the common chorus, and the moral effect upon trade will be to divest it of that trickery, concealment and sulterfuge which have been the basis of toe many ill gotten fortanes. This is what we deem will be the first principal result of the new trans- atlantic communication by telegraph. im tie next place: Upon newspapers, as the vehicles of intelligence, it ts perhaps not so clear to foresee the entire effects. After three o'clock P.M. in London there will be nothing usually of great importance to commanioate to us, la & commercial point of view; nothing Eo coul tae evecivg mmlls aztive and are dietci- buted. ALL that tranepires before that tour will te received her fur the afteraoon editions, bul- lesions, acd by av cgaute from their own ageats, ars known to vv: ry one who cares to keow the bros. Tre later mportant newsof the day, pub- Hebed or oppuriieaed at Londonup to that bour, Will be due in New York sbout half-past eleven AM. veuts after (hat hour, and until mid- vi, dt, o¢ to the sj journment of Parliament, wil! be received almost exciusively by the press, and pobished in toe morning editions, which will be the great rminators cf news. Telegraphic u+wes zeceivce during the active business hours epreads from ncuth to mouth with almost tele- graphic speed. In this view, the morning paper will be the one soupht for. Parliament sits gruerally till ove and two o'clock in the morn- ing. The proceedings to the hour of adjourn- mett can be received here by ten or eleven o'clock the previous nigbt, giving the New Yorr Hera» an equal advantage, except in the length of the reports, with the London 7imes. Thus, then, the most interesting foreiga, as well asthe Comeatic news of our own country, will con- tinue to be found in the early morning editions Small publications, without enterprise and unable sustain their share of the enormous expense of telegraphic communication, will have to pluo- der from the wealthier newspapers, but then that will bo cnavailiag, for it will bave been antici- pated and become generally known through their more [powerful competitors. The cost of transmitting one column of the Heraup across the Atlantic will be two thousand dollars. Tt bas been eupposed that the change in the conducting of newspapers brought about by the telegraph will supersede all original editorial remarks and contributions from their aaeociated etaffs, the foreign element being an important and controlling one. But this is an erroneous idea; for after a time the public will no more be excited by the novelty than they have been with any other. We soon became accustomed to railways, steamers, daguerreotypes and a hundred other wonders of the day; while our immediate and pressing cares— private, social, public and political—will continue to sgitate us and call for comment, unlooge argument and require explanation. We believe that the prese, the news press espe- cially, will become more importaat and influ- ential. Eleciricity will bring to us the brief epitomes of the daily events of the world, and the editorial mind will be necessary to eluci- date, explain aad criticise these events. Mind will be more active, more telling in its expres- sion, and therefore have more power and influ- ence on public sentiment. In politics it is hard to say what will be the result ; its effect upon diplomacy is doubtfal ; but in war, the telegraph has been of the most signal advantage. The movements of an ad- ministration may be concealed as well now as they ever have been, yet it is certain the Eag lisk government will have an immense advan- tage in the possession of both the termini in case they choose to act, as well as devise, in secresy. The telegraph was found eignally beneficial in the Crimean, as it now is in the Indian war. It would have been of great value in the recent British outrages on American vescels in the Gulf. In literary pursuits there will be no particu- lar advantage perceptible, except perhaps to give | greater impulee to thought. These pursuits affect | the bappinces of those who have moet leisure, and the quality of fastness is rather opposed to | the pleasure of deliberate and critical enjoyment. Th the spread of the arta and religion the tele- graph will be an agent only so far as their ma- terial and physical interests are to be forwarded. The religious view recently taken of the tele- graph will, of course, have its effect, but our private relations with our Maker are not to be sustained by the telegraph, but only by the appointed means of grace, and the presence of His spirit in our hearts, These are beyond the control of all mechanical inventions. Such, briefly, are seme of the conclusions to which we arrive on contemplating the success of this great work, surpassing in grandeur most of the schemes which have left their footprints in the pathway of time. In a few months, doubtless, some unsuspected consequences may be developed of equal importance with those generally anticipated. We presume that several cables across the Atlantic will Le laid to increaee the facilities of communication. It is with pride we remember that to an American the world owes the developement of this new principle, and that the United States has done its full share im carrying it out. It is to be hoped this new bond of union between the two greatest and freest nations of the earth will be the beginning of an undisturbed career of mu- tual respect and forbearance, and continued peace and good will. Tur Teceorara a Dirtomaric Revowwrioy- ist.—It is to the famous Talleyrand, we believe, that is attributed the definition given to lan- guage, of being the medium by which to con- ceal our thoughts. That definition was pretty correct io the diplomatic world to which it was meant to apply, a8 hitherto the aim of diplo- matists eeems really to have been to conceal their real aims and ideas under a mass of con- fused and unintelligible verbiage. The defini- tion, however, will cease to apply as soon asthe Atlantic telegraph comes to be the medium of communication between courts, as it imioe- diately will. At the rate of a dollar a wordeven diplomatists cannot afford to be extravagant in their expreesions; and we may expect diplo- matic correspondence to be as brief, pointed and to the purpose as the most practical utilitarian could desire. [t may not, perhape, be as laconic as the meseage of the merchant to his agent, directing him to forward coal, and which is reported to have been expressed by a simple remicolon (;), to be “see my coal on,” and the response of his agent in the same hicroglyphic language—a colon (:) by which was to be understood “coal on.’ Bat still it will be sufficiently laconic to render mis- conception impossible. Thus, General Case might have telegraphed to Lord Malmesbury, when the Styx was cutting ap capersin the Gulf—“ Your cruisers are boarding our mer- chant ships. Is that by your orders! If so, we will soon put a stop to it.” And the British Premier would have undoubtedly replied on the inetant—aa he did, in effect, after various cir cumlocutions—“ Very sorry : contrary to or- ders : will put a stop to it immediately ;° and he would then have instracted his Minister at Washington how to act in the premises, We expect to see the acience of diplomacy revolntionized in this manner. We expect to eee plain, honest talk take the place of shaffling, lying and prevaricatioa in diplomatic corres pondence. If the Atlantic telegraph had no other beneficial result than thet, that of itself would justify the outlay incurred in its es tatflishmect : NEW YORK HERALD, MONDAY, AUGUST 9, 1858. * The Kctel Reveiution i, Ruralis, ‘The empire which Peter the (reat coesoli Gated among the cemi-barberous trit,’s of east- era Kurope is experiencing et the pra ent time the effeets of an advancing civilization, in the clameors there for cocial reform. The eystem of the empire was founded upon the old feudal theories, under which the great macs of the people, though not slaves in the modern sense of that term, were eerfs, transferable with the glcbe, and incapacitated for leaving it of their own volition, Towns grew up whose citi- zepa were freemen, like those of muuy of the burghs of the middle ages, but if a rustic wished to remove to one of them, it must be with the consent of his landlord, and condi- tioned with the payment to bim of an annual fee by his citizen serf. Existing under the rule of an crgaaized euperior government, these cities could not, like the free cities of old, de- fend the liberties of those who might reside in them e year and a day against the claim of a feudal landlord. Thus it happens that eome of the most wealthy and powerful merchants of Rossia are the cerfs of » noble far inferior to them in worldly possessions, It is not in the isolated instances of the town eerfa, but in the rural organization, that this eys tem is found to be not only in conflict with the advaacing influence of civilization, but indirect opposition to the grest material interests of Raseia. Jt is estimated that the labors of some twenty millions of men are controlled and limited by the activity, requirements and capa- bilities of only one hundred thousand of the eeme race. When these are filled, exertion, im- provement and preduotion ceaze to receive the stimulus of ambition and of emulation. This has long been felt by the government of Russia to exeroise an iron influcnce in repressing its national energies for developement, and the great problem bas been how to change the eo- cial system without destroying the empire. Civilization had entered through the monarch, and had descended to and permeated the class of nobles; but the serfs were as ignorant and as barbarous as of yore. If the interests of the civilized nobles were severed from their loyalty to the empire, the latter might fall, for serfs alone could not sustain its weight. The great problem has been how to elevate and civilize the serfs without disaffecting the class interests of the lords. it is the growing problem of to-day. Forty years ago the first Alexander liberated the serfs of certain of the Baltic provinces, and now the second emperor of that name isentertain- ing the project of extending the same measure to the whole of European Russia. The mode un- der consideration is fully detailed in a Moscow correspondence of the Nord, a paper in the Ruseian interest, published at Bruesels, which, we give in another column. The results of the first liberation of the serfsfrom their bond to the giebe has probably dictated the great re- strictions contained in the project now being considered. It is found that the advent of one generation of freemen involves the neceesity of afurther step in the progress of reform. By the law of Alexander L the serfs were freed from their obligation to the landlord and be- came manorial tenants of their farms, the fee of the land, with all its rights and privileges, remaining with the noble. The second genera- tion of these liberated serfs, continuing to re- side on and cultivate the lands which had been improved by their fathers for ages, have be- come adverse to the payment of rents and con- cession of privileges to the lord of the manor for improvements which are the works of their fathers and themselves; and so they have risen against the manorial lords in very near- ly the same way that the anti-renters in this State rose against the proprie- tors a few years since. The recent move- ments in Ruseia that have been called serf risings, are, in fact, the movements of the Rus- cian anti-renters, The new projects of the Russian government are largely discussed in the letters published in another column. From these it would seem that the serf question is far from being settled- The nobles wish to retain a great power over their former vaseals, which is inconsistent both with the ideas of the age and the necessities of the empire. Russia must march with the rest of the world in its progress towards social reform and the individualization of man. Her national developement, and perhaps even her national existence, requires that her material labors shall be urged on by the hopes, thoughts and capaci- ties of twenty millions of minds instead of those of only one hundred thousand among her sub- jects. The principle that man is free to labor for himself alone is permeating the whole world with railroad and telegraph speed; and if the nobles of Russia refuse to accept this new order of things they will necessarily be swept away with it. Tur Artantic TeLecrara ano THE Iurorr Trape.—The effect of the Atiantic telegraph on trade is now being discussed in all ite pros and cons. We have heard an importer argue that it would be injurious to men in his business, be- cause country traders, he said, would order their goods in smaller quantities than they now do, and importers would give smaller orders to the manufacturers; and the manufacturers would be guided in like manner as to the increased or reduced production of their wares; and on all hands a small peddling business would usurp the now existing modes of trade. The same injurious effect, he said, followed the introduction of ocean steamers. Prior to that era the importers gave large orders to the manufacturers, calculated for half a year’s or ® year’s consumption; and the traders gave large orders to the importers on the same basis; and business was done on a wholesale scale. When the fast steamers came into vogue, the small traders commenced to lay in goods for two or three months only, and the importer was consequently restricted in his orders, and the manufacturer in his productions. This is claimed to be « considerable injury to trade, and it is to be presumed that when the time between the order and the delivery of the goods is reduced to one half of what it has been the evil will increase to a proportionate extent. There is some sense in the argument, mixed, however, with a good deal of fullacy. If busi- ners be done henceforth on a smaller seale it will aleo be done on a eafer one. The aggre- gate amount, however, will be as large. Ifa trader lays in only a month’s stock, he will pay for it in cash or in notes at ten or fifteen days. It will bring into play the system of “short credits and long friends.’ Besides, it will have the effect of placing men of emall capital on eomething like an equality with rich and long establiehed firms. The emaller the orders the smaller the risks, and the lees capital necessary for the business. So that, even to the impor- ters, the Atlantic telegraph will prove s blessing rather than 8 guree. mm, ? Atuannic TeLeorary A FULZE.MENT oF Puortizey *— The religious having en- tered into ‘be spirit of ing with which the news of &® laying of the Atiantic cable bas been receives * 824 it being claimed in come quarters that te ‘isovery of the was asort of ing vin ton, it is interesting to notice what may be deex€d prophetic vision of that event. That \Vhicn We now sce real- ized, the Evangelist m.‘Y have seen eighteen hundred years ago on the island of Patmos, aa in a glass dimly, and the 1, owing prophetic words may, without much stra ‘ding, be applicg to the great wonder of the age :— ~ mighty co. @ down from with acloud; anda rainb *¥ Was his bead, and bis face was as it’ were the sun, “24 his Tae Tetroearn any tits Caorncy.—A aew use for the Atlantic telegraph bas beea dis- covered—a new effect of its working which probably bad never entered into the minds of i's projectors or those actively concerned in the work of laying the cable. It is its utility in spreading the light of the Goapel, im diffusing religion, and in concentrating praise and prayer tothe Almighty. When the success of the great enterprise was announced the other day in the Fulton etreet prayer meeting, several sugges- tions of this character were made, One gentle- maa called for a prayer “ that the cable which cow unites two worlds may be blessed as a new instrument in God's bands for the diffusion of the Gospel and for the hastening on of that day when all hearts shall rejoice in the Saviour.” | 96 pillars of are: Rey Another saw in it the means for the fulfilment aot bia right ft etn opempe page ws the of the prophecy that the knowledge of the Sa- | “IL. cried with « loud voice, as when a lion roan, #2: 5 viour should be communicated to all the ends of the earth. The clergyman was aware that the facility thus provided would be improved by the powers of darkness, which would be ready toserd with lightning epeed infidelity, pollution, vice and crime; but still, he prayed that the cable might bind together these great nations which possess the Bible and the Gospel, and that the event might be improved for the spread of true knowledge and the blessed in- fluences of the Gospel— And that throuzh this instrum: the out; earth and the thin; things which are longer. mation speak from the rising to the setting of the sun. Another clergyman in the same meeting claimed the electric telegraph as a direct reve- lation from heaven, narrating the fact that during all the preliminary processes of the invention, Professor Morse made it the subject of daily prayer; and one of the gentlemen present suggested that when all the apparatus was perfected that meeting should send a Christian salutation to some cimi- lar meeting in England, so as te secure a con- cert of prayer. Finally the congregation joined in singing the very appropriate verse— Walt, waft, ya winds, bis stery— ine ou, ye waters, roll— , TM! iike a 60a of glory, It spreags from pole to pole. But not in this city alone was the event hon- ored on account of its connection with religion. It was announced at the semi-centeanial dinner of the Alumni of the Andover Theological Col- lege, in the presence of about a thousand guests, including a large proportion of clergy- men. We are told that the news was reccived with enthusiastic applause, and that in honor of the event and acknowledgement of its impor- tance, the doxology was immediately sung and prayer and thanksgiving offered, in which the officiating divine, Rev. Dr. Haws, made use of this expression:—“We have consecrated this new instrument, so far as our agency is concerned, to the building ap of the truth.” The importance of telegraphic communica- tion between the Old and New Worlds had been hitherto considered in commercial, political and social points of view alone. We question if it had ever been considered in the light of its re- ligious effect. This gives ,it a new, and to many the most desirable and important phase. And so all interests, for eternity as well as for time, have been promoted by this great cuter- prise and its successful termination. ‘There was probably not a pulpit ia this great metropolis from which the subject was not al- luded to yesterday; and in anticipation of that we had despatched our reporters to the churches of some of our most eminent divincs. We were, however, somewhat disappointed to learn that almost all of these clergymen had taken their congé for the summer, and were ruralizing here apd there, while their churches were either closed or their pulpits occupied by clergymen of leseer note. We give sketches of the re- marks of tome of thore that were left, but doubt net that in all the churches throughout the country the event was duly consecrated. Last or Tuer Race.—The eteamships Prince Albert, Arago and Nova Scotian, that are now severally due at this port and Quebec, may be regarded—so far as concerns the carrying of news between the two continents—as the last of their race. Their day is done. No more ehall we look with intense anxiety for the arrival of the European steamer bringing the latest news, and that may have such tidings to communicate as the fall of Sebastopol, the storming of Delhi, a crash on the Paris Bourse or the London Stock Exchange, or the invasion of Great Britain by the modern Gauls. The latest news that they will have had from one continent will have been covered up in the dust of time when they reach the shores of the other- It is within the recollection of those who still are young how anxiously the fast sailing packets between New York and Liverpool used to be watched for, and what excitement their ar~ rival used to create in this city. Their captains used to be congratulated and /?ted for the quick passages they made, and they played altogether a most important part in the history of those days. ‘ But their era passed away, and was suc- eceded by the era of fast steamships; and the youngest of us know what a reputation the Pacific and the Atlantic and the Baltic, aad the Vanderbilt and the Persia have gained for their quick passages, and how their gallant captains have earned unstinted praise and honor for the performances of their ships. Now the era of fast steamships has in its turn given way to the telegraphic era. The latest event in London or Liverpool can be known in New York—owing to the difference in time— four hours before the steamer leaves her moor- ings In the Mersey. Much, therefore, of the in- terest that attended quick paseages across the ocean is diesipated suddenly, as with the stroke of an enchanter’s wand ; and henceforth their coming and going will awaken no more in- terest than the sailing of a clipper schooner to Baltimore or the arrival of a Dutch built brig from Rotterdam, except to those having friends or freight on board. Thus quickly shift the scenes in theworld’sdrama. And now with wondrous rapidity are presented hour by hour the great epectacles of the age to an assembly that comprises all the civilized nations of the earth, The Atlantic telegraph is the last of wonders. stretch of the imaginative faculties to look upoa electzicity as the realization of tho idea of the other “mighty angel come down from heaves, clothed with a cloud,” a rainbow upon his head, and a little book (typical of economy of words) in his hand; and the cable answers exactly to the description given of the angel, having his right foot upon the sea and his left foot on the earth. The picture is completed, and the assi- milation all but perfected by the reference to the beaven and the earth and the sea, aud by the announcement that “time shall be ao longer.” Whether the prophecy relates or not to the subject with which we have suggested its cou- nection, it is remarkable that the last clause of it is being literally fulfilled. Time exists no longer. The despatch that is forwarded from London at noon is received in New York four or five hours before the sun reaches his meri- dian. What prophecy has been fulfilled in ancient or in modern times with so much exac- titude as that which is found at the commence- ment of the tenth chapter of Revelations? We have thug called attention to the subject, and without going into it more fully we leave it to the divines and theologians. Let us have their views as to the prophecy and its fulfilment. Svecess orn Fature—A Conrrast.—Many wise and witty things have been said and writ- ten in all ages, to show the difference with which the same enterpriae is viewed when it re- eulte in success and when it reeults in failure. We have never had any better illustration of this than we now have in connection with the great enterprise of the age. After the first and second attempts to lay the Atlantic cable had failed, wiseacres ehook their heads in sympathetic dis- approbation of Mr. Ficld, and said, “ Whata fool he was.” It was evident to them all along that the thing could never succeed, and they could not underetand why a sensible clear- headed man like Field would risk his whole fortune in such a railroad-to-the-moon under- taking. If he had ventured a third of it or a half, there might be some excuse for him, but to have placed it all on the hazard of adie where the chances were a hundred to one against him—worse even than the Wall street ottery, conducted under the name of the Stock Exchange—was an evidence of folly and abeurdity which they could not overlook aad for which he deserved to suffer. Now all that is changed. Midnight has givea place to noon. The sun shines brightly in the heavens, and the shadows of the night have paeeed away and are forgotten. Failures have been only the stepping stones to success the most brilliant. The cable is laid; and now the most honored name in the world is that of Cyrus W. Field, although but yesterday there were None 80 peor to do him reverance. The wiseacres who shook their heads the other day, and pitied while they condemned him, are now among the foremost in his praise, and help to make his mame a household word- Bells are rung and guns are fired, and buildings are illuminated in his honor throughout the length and breadth of this land ; and prominent among all devices, and first on every tongue, and uppermost in every heart, is his name. Had he not, like the great Bruce, persevered in the face of repeated failures until his efforts were at length crowned with success, he would have been held up to the growing generation ‘as an illustration of the danger of allowing our minds to be absorbed by an impracticable idea, and his history would have been served up ia play and romance, and used ‘To point a moral or adorn a tale. As it is, the nation is proud of bim, the world knows him, and all mankind is his debtor. Business over Tae Artantic Texne@rarn.— The day that the announcement of the success ful laying of the Atlantic cable was made, two despatches for England passed through the Boston office. One contained fifty-seven words— costing $57; and the other twenty-seven words—coeting $27. Five despatches were handed in at the office in this city, when orders were given not to take any more till the line is regularly opened. The fact is that the mercantile houses in all our great cities must be in daily correepondence with those in England, France and Germany, no matter what the ex- pense is; and we should not be surprised if, within a fortnight after the inauguration of the line, it had to be operated day and night to meet the pressing demands of trade upon it. Now that the cable is laid the commanity scems to be impatient for the regular working of the line to begin. They want the grectings between the Queen and President to be inter changed instanter. They forget that it requires time to regulate the apparatus of the two offices, and to place things in regular working order. They have become #0 habituated to wondess that they look for miracles. Time, however, has not yet ceased to be an indispensable arti- cle, even although the Atlantic telegraph does seem to annibilate it, People now-a-days look at the telegraph wires suspended from street to etreet with no more curiosity than if they were clothes lines. The invention of the daguerrotype is looked upon as if there was nothing surprieing about it. The Lucifer matches, which not many years ago were in- Voulyd and eohd foy Lak 4 Gollar a box, qua cl Civic Cevenration or tue Cowrietios or Tur ATLANTIC TeLkGrard.—Great bodies move slowly, and therefore our Common Council kas been three or four days in getting together pre- liminary to some official action upon the occa tion of the completion of the great work of the age. A meeting, however, will be held to-day, and we suggest that when the first deapatch ar, rives it chould be hailed with salutes of cannon, an illumination of all the public buildings, dis- plays of fireworks, decorations with apprepriate mottoes, and so on. We sre,confident that the public will unite with the civic authorities in a gracral jubilee.