The terms being settled, it remained only to raise the capital. The Telegraph Construction and Maintenance Company led off with a subscription of £100,000. This was followed by the names of ten gentlemen, who put down £10,000 apiece. Of these Mr. Gooch declared his willingness to increase his subscription of £10,000 to £20,000, while Mr. Brassey would put down £60,000, if it were needed. Mr. Henry Bewley, of Dublin also, who was already a large owner of the Atlantic stock, declared his readiness to add £20,000 more. But this was not necessary: and so they all stood at £10,000. The names of these ten subscribers deserve to be given, as showing who stood forward to save the cause in this crisis of its fate. They were: Henry Ford Barclay, Henry Bewley, Thomas Brassey, A. H. Campbell, M.P., George Elliot, Cyrus W. Field, Richard Atwood Glass, Daniel Gooch, M.P., John Pender, M.P., and John Smith. There were four subscriptions of £5,000: by Thomas Bolton and Sons, James Horsfall, A Friend of Mr. Daniel Gooch, M.P., and John and Edwin Wright; one of £2,500 by John Wilkes and Sons; three of £2,000 by C. M. Lampson, J. Morison, and Ebenezer Pike; and two of £1,000 by Edward Cropper, and Joseph Robinson,--making in all £230,500. These were all private subscriptions made before even the prospectus was issued, or the books opened to the public. After such a manifestation of confidence, the whole capital was secured within fourteen days. This was a great triumph, especially at a time of general depression in commercial affairs in England. And now once more the work began. No time was to be lost. It was already the first of March, and but four months remained to manufacture sixteen hundred and sixty nautical miles of cable, and to prepare for sea. But the obstacles once cleared away, all sprang to their work with new hope and vigor. In the cable to be made for the new line, there was but little change from that of the last year, which had proved nearly perfect. Experience, however, was constantly suggesting some improvement; and while the general form and size were retained, a slight change in the outer covering was found to make the cable both lighter and stronger. The iron wires were _galvanized_, which secured them perfectly from rust or corrosion by salt water. Thus protected, they could dispense with the preservative mixture of the former year. This left the cable much cleaner and whiter. Instead of its black coat, it had the fresh, bright appearance of new rope. It had another advantage. As the tarry coating was sticky, slight fragments of wire might adhere to it, and do injury, a danger to which the new cable was not exposed. At the same time, galvanizing the wires gave them greater ductility, so that in the case of a heavy strain the cable would stretch longer without breaking. By this alteration it was rendered more than four hundred-weight lighter per mile, and would bear a strain of nearly half a ton more than the one laid the year before.