Cables, Submarine -- History; Field, Cyrus W. (Cyrus West), 1819-1892; Inventors -- United States -- Biography
"The officers of the British Museum had already examined the
collection, and it was perhaps on their report that Mr. Gladstone
came to see the collection; but whether he came with a view to
securing it for the British Museum or not I cannot say. Your father
asked me to drive back with him to Mr. Morgan's office, and
suggested to Mr. Morgan (as agent for Mr. Johnston) to close the
purchase of the collection with me _verbally at once_, and a
payment was made on account without delay, and without waiting for
the papers to be drawn up.
"It was through your father that my collection became the property
of the Metropolitan Museum of Art. It was he who introduced me to
Mr. Gladstone, Earl Granville, Mr. Adams, then United States
minister in London; also to the Dean of Westminster and Lady
Augusta Stanley, and to many other of his English friends. He
invited a large party to meet me at dinner, and also brought many
to see my Cypriote collection. I doubt if, without the great
personal interest shown by your father, it would ever have become
the property of the Metropolitan Museum; because it was only after
this that the London press went wild over securing it for England.
"I have said, and shall always say, that it is chiefly, if not
wholly, due to Cyrus W. Field that my discoveries are in this city
to-day."
The sale of the New York, Newfoundland, and London Telegraph Company was
made early in this year, and on July 2, 1873, he writes to Mr. Orton,
the president of the Western Union Telegraph Company:
"The New York, Newfoundland, and London Telegraph Company, having
been consolidated with the Anglo-American Telegraph Company,
Limited, drafts will hereafter be made upon your company, and
communications made in the name of the said Anglo-American
Telegraph Company, Limited."
Among the cable messages sent during the autumn of this year these are
of interest:
"September 19th.--Great panic here in money market."
"September 20th.--Confidently believed, reliable quarter,
government will take measures relieve market before Monday, but
thus far panic has exceeded anything ever known."
"Saturday, October 30th.--Most of the firms that have suspended are
those that have been doing too much business for their capital, but
confidence is so shaken that many stocks are being sold at whatever
they will bring. Think perhaps have seen worst, but don't yet see
signs permanent improvement."
"Monday, November 1st.--Western Union sold before panic at 90. Has
sold in last few days less than 44."
We find these entries in his diary:
"January 13th, 1874.--Arrived in London."
"February 14th.--Sailed from Liverpool for New York in the _Cuba_;
fifty-sixth voyage."
This letter followed him to New York:
"11 CARLTON HOUSE TERRACE,
"_March 31, 1874_.
Public-domain text, read in full here on John Shaqi.
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