This was putting strong arms to the wheel. A few days after, a combination was formed to carry on the whole business of making Submarine Telegraphs, by a union of the Gutta-Percha Company with the firm of Glass, Elliot & Co., the principal manufacturers of sea cables, making one grand concern, to be called The Telegraph Construction and Maintenance Company. These two great capitalists entered into the new organization, of which Mr. Pender was made Chairman. The Gutta-Percha Company brought in still further strength to the joint enterprise, in the person of Mr. Willoughby Smith, their electrician, and of Mr. John Chatterton, the inventor of the insulating material known as Chatterton's Compound. The union of all these men made a combination of practical skill and financial ability, such as could be found in few companies in England or in the world. Mr. R. A. Glass was chosen Managing Director--a gentleman who seemed born to be a manager, such power had he of gathering about him talent in every department and combining all into one organization. Reënforced by such powerful aid, the new Company now came forward, and offered at one stroke to take all the remaining stock of the Company. This was more than half the whole capital. As yet, of the £600,000 required, but £285,000 had been subscribed. Now this princely Company offered to take the balance themselves--£315,000. They did more, they took £100,000 of bonds; and so by one dead lift these stalwart Englishmen took the whole enterprise on their broad shoulders. From that hour the problem was solved. Thus after a dead lock of six months the wheels were unloosed, and the gigantic machinery began to revolve. This was a triumph worthy to be honored in the way that Englishmen love, by a little festivity; and as it chanced to be now ten years since Mr. Field had embarked in the enterprise, the pleasant thought occurred to him of getting his friends together to celebrate the anniversary. Accordingly, on the fifteenth of March, he invited them to dine together at the Buckingham Palace Hotel. It was a joyous occasion, and called forth the usual amount of toasts and speeches. Of the latter, those of Mr. Adams, the American Minister, and of John Bright, were widely copied in the United States. The next day was the annual meeting of the Atlantic Telegraph Company, when the Chairman, the Right Hon. James Stuart Wortley, thus referred to the gathering of the night before: