With respect to the merits of this cable, Franklin bottled lightning, Morse discovered the telegraph principle, Maury the telegraph plateau, and Cyrus, with the assistance of Brooks, put the two together, for commercial purposes, for which Cyrus is to be glorified forever, while Franklin, Morse and Maury are forgotten. The whole cost of the cable celebration, to the city, will not fall much short of $150,000. Cold winter will soon be here, and thousands cold and hungry, without the means to supply themselves with food and fuel; and we venture to say not $500 could be raised from the corporation outside the usual appropriations, to keep them from starvation or freezing. All this is the result of a nice little arrangement by the city fathers, who are mighty fond of guzzling at the public crib whenever an excuse can be manufactured. This cable laying furnishes a good one, but the cable is laid, so let “God be praised,” but not until Cyrus has had his share. ------------------------------------ OVERDONE.—It is now understood that the persecutors of Mr. Branch have separated from co-partnership with Recorder Barnard, whom they charge with having overdone matters. It is a pity, but Mr. Barnard will learn that he cannot serve both God and man at the same time. A Great Chance for Peter. Now that we are going to have a new story on the City Hall, would it not be an excellent opportunity to try the highly ingenious scheme of the venerable Peter Cooper, of converting the new portion of that public edifice into a water-tank? What a refreshing idea in the dog-days! If Peter had only studied political economy as deeply as he has hydraulics, he might have improved his scheme of fire-extinguishing and rendered it at least self-paying, if not a source of revenue. During the summer months, this artificial pond could be rendered an excellent bathing-school, where, beneath the supervision of some of the unoccupied police, small boys could be allowed, at a shilling a head, to indulge in a hydropathic luxury of a dive and come up again. Beyond this, during the winter, the pond being subject, we suppose, to the ordinary afflictions of a cold, might be advantageously employed for the healthy relaxation of skating, during which performance the venerable Peter may patronize the public by an exhibition of his highly respected person, after the manner of his great predecessor, Wonter Von Twiller. By this ingenious arrangement the great water-tank of the great Peter may be rendered as great an institution in a sanatory point of view, as his Institute is to the intellectual world of our Atlantic Metropolis. Peter should be a water-cure doctor. ------------------------------------ A Wonderful Invention.