Cables, Submarine -- History; Field, Cyrus W. (Cyrus West), 1819-1892; Inventors -- United States -- Biography
"The Mayor of New York has the pleasure to transmit to Cyrus W.
Field, Esq., of New York, the address and testimonials voted him by
the City of New York on the 1st day of September last, in
commemoration of the esteem in which his services were held on the
occasion of laying the Atlantic telegraph cable connecting Europe
with America."
"DANIEL F. TIEMANN."
In May, 1859, we find him in London, and on June 8th at the meeting of
the Atlantic Telegraph Company, when it was decided to raise £600,000
with which to lay another cable, and, if possible, repair the old one.
He was in New York on the 29th of December, 1859, and it was then that
his office, 57 Beekman Street, was burned. Among his papers this
mention is made: "The fire which made the closing days of 1859 so black
with disaster broke out in a building adjoining Mr. Field's warehouse,
which destroyed that and several others. Mr. Field's store was full of
goods and was entirely consumed, and the loss beyond that covered by
insurance was $40,000." The evening papers of that day gave an account
of the fire, and at the same time published a card from Mr. Field
stating that he had rented another office, and that his business would
go on without interruption.
Up to January, 1860, only £72,000 had been subscribed towards the new
stock of the company, and the directors were discouraged at the lack of
interest shown in the effort they were making to secure funds with which
to lay another cable across the Atlantic. The government had guaranteed
the Red Sea cable and it had failed, and for that reason it refused the
same aid to the Atlantic Telegraph Company, although the two messages
sent on August 31, 1858, had prevented the expenditure of from £40,000
to £50,000, as that was the amount that would have been required to move
the two regiments that had been ordered from Canada to India. The report
to the stockholders on the 29th of February told of the attempt made to
raise the shore end of the cable in Trinity Bay, and added:
"But then a circumstance occurred which is extremely encouraging.
Notwithstanding that he (Captain Bell) was in one hundred and
seventy-five fathoms, he found no difficulty in grappling the cable
again, and he raised it once more in the course of half an hour."
This is the first time that it has been suggested that a cable might be
grappled for.
A bit of home life is recalled by this letter:
"STOCKBRIDGE, _March 3, 1859_.
"_Dear Son Cyrus_,--If the weather be fair next Monday morning your
parents design to start for New York on a visit to all our
relations, and to as many of our other numerous friends there as we
can well see.
"I believe Mrs. Brewer and Master Freddy are expected to be with
us.
"Love to all inquiring friends. Cold weather is here, but general
health and prosperity prevails.
"Love to all inquirers.
"DAVID D. FIELD."
Public-domain text, read in full here on John Shaqi.
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