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{"newspaper_name": "The Arkansas banner.", "edition": "01", "page": "p3", "byline": "THE WONDER OF THE AGE."}
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 America may well boast ol the Magnetic Telegraph, as the most remarkable triumph of mnd over malteI, ia this or any other ape. To the United States the whole credit of this wonderful discovery has been most justly assigned. Thus far, 1t has not done much more than astonish the world as a migEty link in the chain of science. Il will soon be looked to for is practical effects up on the business and morals oI the country. Many contend that is universal introduction will entirely break I'D the present post ot- fee system, and force the government to Use s,lhe wires7 exclusively. Others argue that the press viii be stripped of it's great virtue, the circulation of ..the newS,0 and must fall a victim to the Great Spirit of magnetism- Ne shall not afgue these points, though It must be evident to every one that the Iele- graph will have an immense influence ill mod- iGylng the present post office and newspaper systems. It Is continually urged, IS iaial objection, that, in private hands, tine tele- grah will be converted to purposes oi sPecu- laton and fraud We copy below an adml- lable Essay ilom the Union, which argues this point with great cleafness and force, and upholds, in graceful terms, the advantages oi the Telegraph. We couless that this article, taken in connection with the fact that the news by the steamers, Sc, will he lmnedl- ately transmitted gratis to ali parts of the country, has almost removed the objections we had conceived against the system when in private hands, though we are still satisfied that this mighty engine of good and eYil should be under the control of Government that is, if it does not contravene the Pro- visions of the Constitution, which, with the tights before us,' we are inclined to believe twill not do. On this point, however, " c are not yet satisfied.

 As to the praiicdl workings of the Tele- graph in transmitting for publication the pro- ceedngs of Congress and general news, we give a few interesting extracts bearing on this important point. They occupy more room than we generally assign to such objects; but we know ol no question, which is likely to exert more potent influence upon the affairs of the country, and we hope that the de ais will not be unacceptable to our req Aets. Until the travel through the air by lalloons, or some ot'tet rapid conveyance E established (aHd who sn boil as to deay the passi!,itifv of such all event, aIter what we nave seea:4 the electric telegraph must eoii- tn,is to excite the wonder and attention oi all classes-but particularly oi the merchants