II. No line should be allowed to land on the shores of the United States
which is not, by treaty stipulation with the government from whose
shores it proceeds, or by prohibition in its charter, or otherwise to
the satisfaction of this Government, prohibited from consolidating or
amalgamating with any other cable telegraph line, or combining therewith
for the purpose of regulating and maintaining the cost of telegraphing.
III. All lines should be bound to give precedence in the transmission of
the official messages of the governments of the two countries between
which it may be laid.
IV. A power should be reserved to the two governments, either conjointly
or to each, as regards the messages dispatched from its shores, to fix a
limit to the charges to be demanded for the transmission of messages.
I present this subject to the earnest consideration of Congress.
In the meantime, and unless Congress otherwise direct, I shall not
oppose the landing of any telegraphic cable which complies with and
assents to the points above enumerated, but will feel it my duty to
prevent the landing of any which does not conform to the first and
second points as stated, and which will not stipulate to concede to this
Government the precedence in the transmission of its official messages
and will not enter into a satisfactory arrangement with regard to its
charges.
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