12 OCTOBER 1861, Page 1
The Red Sea telegraph is not wholly lost. Sir Macdonald
Stephen- son offers, if all the concessions are made over to a new company which he represents, to repair the communication for 48,0001. with- out a guarantee. As Sir Macdonald is the man who in the teeth of every kind of opposition carried the Indian railway system through its most difficult stage, lie is entitled at least to the hearing we give to men whose acts are the proofs of their capacity and perseverance.
