The Transatlantic Submarine Telegraph. By the late George Seward, Secretary
to the Atlantic Telegraph, Company.—This is a story of remarkable interest. The Atlantic Telegraph Company pur- chased their experience at a very large price. Their first subscribed capital was wholly lost ; in laying their second cable, they had to come into the market under the unfavourable circumstances which always attend the needy,—and this second venture also ended in loss, which, though it was not irreparable, was very disastrous. The narrative of the undertaking, of its vicissitudes of fortune, its long periods of failure and depression, and its final success, is one which we follow with an interest not diminished by a knowledge of the actual result. Such a narrative we have in this volume, drawn up by the late Mr. Sawaxd, during the last eleven years of his life, and now printed by his widow.
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