Cables, Submarine -- History; Field, Cyrus W. (Cyrus West), 1819-1892; Inventors -- United States -- Biography
_"My dear Mr. Cyrus Field,_--When I was about to thank you for your
kind letter of the 10th, I received that of the 17th announcing to
me the funeral of Mr. C. Sumner, and the great manifestation of
feeling which it called forth.
"His loss must be heavily felt, and his name will long be
remembered in connection with the abolition of slavery, which was
wrought out in the United States by methods so wonderful and so
remote from the general expectation.
"As respects events in this country, they have brought about for me
a great and personally not an unacceptable change. I have always
desired earnestly that the closing period of my life might be spent
in freedom from political commotion, and I have plenty of work cut
out for me in other regions of a more free and open atmosphere.
"As respects the political position, it has been one perfectly
honorable for us, inasmuch as we are dismissed for or upon having
done what we undertook or were charged to do; and as respects the
new ministry, they show at present a disposition to be quiet.
"Believe me, my dear Mr. Field,
"Yours very faithfully,
"W. E. GLADSTONE."
The following extract is taken from Mr. Field's private papers:
"The bill for the expansion of the currency, which at this period passed
both houses of Congress, after exhaustive debates, created much alarm
among the leading financial men of New York and the Eastern States.
Meetings were held at various places to protest against it, and to
request the President to exercise his veto."
A number of the leading bankers, capitalists, and merchants of New York
assembled on April 15th at Mr. Field's house on Gramercy Park to
consider what action should be taken in the matter. A petition very
extensively signed was read, and the following resolutions were adopted:
"_Resolved_, That the following gentlemen be appointed a committee
to take charge of and present the foregoing petition to the
President, bearing the signatures of all the 2500 leading bankers
and business firms of the City of New York, asking him to interpose
his veto to prevent the enactment of the Senate currency bill,
which has recently passed both houses of Congress; or any other
bill having in view the increase of inconvertible currency.
"_Resolved_, That the Senators from the State of New York, and such
members of the House of Representatives from this State as
entertain the views indicated in the foregoing resolution, be added
to the committee, and their co-operation invited. The members of
this committee are:
Public-domain text, read in full here on John Shaqi.
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