Show tri THI ATLANTIC CABLE CABI cani I 1 I 1 once again the telegraphic i ie wire has borne intelligence 13 n across the atrall atlantic tic tie ocean the boast of puck that lie would put a girdle round the earth in forty minutes bids far fair to be outdone by the electric wire in a few years yeam with the laying 01 of the atlantic cable 1 the medium is available for tran transmitting news almost instantaneously between the important points of this country and the principal places in E europe U lope bope we hope that thai this time the line may remain unbroken and annd that the precautions taken to insure its preservation may be aa as successful as those which have llave been adopted to secure its being laid the persever perseverance perseverant anc e energy and faith falth in the ultimate result of their labors more particularly manifested by cyrus W field in those who have prosecuted and BO so far completed this work are beyond praise the difficulties to be contended wath from the tho very inception of the undertaking have been suh suf sufficient focient to damp the ardor of most men but as in the prosecution of every great work so it has been in this in proportion as the difficulties to b bo e encountered increased in magnitude 1 determination and self reliance of those who devoted themselves godts to its pr prosecution becu there is no question but they have been taught by failure and have learned through th an ape cc b before afo re were ivele messages declared ito to have been ien dispatched between the two continents and james janits buchanan exchanged congratulatory greetings with victoria of england but butt soon after when lio iio hope was high and anticipation strong all at abonce once onee it was found that the current could not be transmitted and on examination it was discovered that all tho previous labor was comparatively lost the line being parted and useless again another attempt was made to lay it with w th every prospect of success but before the thes great eastern which was paying out the cable had completed her work it snapped and disappeared in the bed of the ocean an effort was made madg to pick it up which at first was partially successful but nin fin finally ally ails proved a failure soon after the construction construct ione iono of another cable was commenced on improved principles which has been successfully laid and the most sanguine hopes are entertained that it will resist every pressure it may have to bear the first item of information flashed between ther the two continents this time contains the news that peace has been signed between prussia lir asia and austria further intelligence is ds requisite before speculating on the probabilities of this reported peace being permanent or of only loyy temporary in |