22 APRIL 1865, Page 3

The Russian Government has concluded a contract with two Americans,

Messrs. Collins and Sibley;for an electric telegraph from the Author to California via Belsring's Straits. The distance is 7,000 miles, and the line will paw through territories almost uninhabitable from the cold. The money is said to have been subscribed, the consent of England and the Union obtained, and the line is to be opened on the 3rd of April, 1870. It will give the Americans a tortuous but complete communication with Europe by land. It is calculated that the cost of a message of tiventy words from London to Washington by this route will be 8/ 17s. 6d., but the competition of the Atlantic cable will keep down the charge.