Cyrus W. Field, His Life and Work [1819-1892] — John Shaqi
Cyrus W. Field, His Life and Work [1819-1892]
History
Cyrus W. Field, His Life and Work [1819-1892]
Cables, Submarine -- History; Field, Cyrus W. (Cyrus West), 1819-1892; Inventors -- United States -- Biography
"The above are our expenses for one year, from December 2, 1842, to
December 2, 1843.
"CYRUS W. FIELD."
In 1842 he rented a house in East Seventeenth Street, No. 87, and his
brother Dudley questioned the wisdom of his living so far up-town, and
said that he must not look for frequent visits from him, that he could
only go to him on Sunday. He lived in this house for ten years, and in
the interval his brother Dudley moved to one immediately in the rear,
and Mrs. Robert Sedgwick and Mrs. Caroline Kirkland were near neighbors
and dear friends.
For many years Mr. Field took his breakfast by lamplight, and his dinner
and supper down-town. His children saw him only on Sunday. At this time,
he wrote long afterwards, "I was an ardent admirer of Henry Clay, and in
politics a Whig," and accordingly he took a warm interest in the
election of 1844.
"In 1844 I was not worth a dollar. What money I had made had all gone to
pay the debts of the old firm. My business was conducted on long credit;
we did a general business all over the country. I built up a first-rate
credit everywhere. All business intrusted to me was done promptly and
quickly. I attended to every detail of the business, and made a point of
answering every letter on the day it was received."
Mr. Schultz said of him at the dinner already referred to:
"But, sir, I do recall the early days of Mr. Field. I remember him
when he was first a clerk and then a merchant.... He had
peculiarities then as he has always had. One I recollect was, he
had over his desk 'Are you insured?' For no one that was not
insured could get credit of him. He could not afford, he said, to
insure himself and others too. Thus in all his transactions he had
ideas and principles to carry out, but always good principles and
ideas. I well remember when he came into the Mercantile Library
Association; he had his own ideas, which did a great deal to add
to the dignity and usefulness of that institution. In all his early
life he was what he has been since--useful, practical."
It seems odd now to be reminded by the sight of old letters that at this
time envelopes were not in use. The sheets of paper were large, of
letter size; three sides were closely written on, and then it was folded
into nine, and it was not permitted to enclose even a slip of paper in
this sheet; the postage was usually thirteen cents. The currency was
puzzling; there was the short or "York" shilling of eight to the dollar
(that is, twelve and a half cents), and the New England or long shilling
of six to the dollar (sixteen and two-thirds cents). So rooted was each
kind of currency in its own section as often to cause travellers
annoyance and confusion.
Public-domain text, read in full here on John Shaqi.
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