The Story of the Atlantic TelegraphField, Henry M. (Henry Martyn)
History
The Story of the Atlantic Telegraph
Field, Henry M. (Henry Martyn)
Transatlantic cables
Mr. Field next addressed himself to Mr. Moses Taylor, a well-known
capitalist of New York, engaged in extensive business reaching to
different parts of the world, and whose daily observation of all sorts
of enterprises, both sound and visionary, made him perhaps a severer
judge of any new scheme. With this gentleman he had then no personal
acquaintance, but sent a note of introduction from his brother, David
Dudley Field, with a line requesting an interview, to which Mr. Taylor
replied by an invitation to his house on an evening when he should be
disengaged. As these two gentlemen afterwards became very intimately
associated, they often recurred to their first interview. Said Mr.
Field: "I shall never forget how Mr. Taylor received me. He fixed on me
his keen eye, as if he would look through me: and then, sitting down, he
listened to me for nearly an hour without saying a word." This was
rather an ominous beginning. However, his quick mind soon saw the
possibilities of the enterprise, and the evening ended by an
agreement--conditional, like Mr. Cooper's--to enter into it.
Mr. Taylor, being thus enlisted, brought in his friend, Mr. Marshall O.
Roberts--a man whose career has been too remarkable to be passed without
notice. A native of the City of New York, (though his father was a
physician from Wales, who came to this country early in this century,)
he found himself, when a boy of eight years, an orphan, without a friend
in the world. From that time he made his way purely by his own industry
and indomitable will. At the age of twenty he was embarked in business
for himself, and his history soon became a succession of great
enterprises. If we were to relate some of the incidents connected with
his rise of fortune, they would sound more like romance than reality. He
was the first to project those floating palaces which now ply the waters
of the Hudson and the great lakes. He was one of the early promoters of
the Erie Railroad. When the discovery of gold in California turned the
tide of emigration to that coast, he started the line of steamers to the
Isthmus of Panama, and controlled largely the commerce with the Pacific.
Thus his hand was felt, giving impulse to many different enterprises on
land and sea. His whole course was marked by a spirit of commercial
daring, which men called rashness, until they saw its success, and then
applauded as marvellous sagacity.
Public-domain text, read in full here on John Shaqi.
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