This was a hopeful beginning; and, though the charter was not yet obtained, feeling assured by this official encouragement, and the public interest in the project, that it would be granted by the colony, Mr. Field remained in St. John's but three days, when he took the Merlin back to Halifax on his way to New York, there to purchase and send down a steamer for the service of the Company, leaving his associates to secure the charter and to carry out the arrangements with the former company. To settle all these details was necessarily a work of time. First, the charter of the old Electric Telegraph Company had to be repealed, to clear the way for a new charter to the Company, which was to bear the more comprehensive title of "New York, Newfoundland, _and London_." This charter--which had been drawn with the greatest care by the counsel of the Company, while on the voyage to Newfoundland--bore on its very front the declaration that the plans of the new Company were much broader than those of the old. In the former charter, the design was thus set forth: "The telegraph line of this company is designed to be strictly an 'Inter-Continental Telegraph.' Its termini will be New York, in the United States, and London, in the kingdom of Great Britain; these points are to be connected by a line of electric telegraph from New York to St. John's, Newfoundland, partly on poles, partly laid in the ground, and partly through the water, _and a line of the swiftest steamships ever built from that point to Ireland_. The trips of these steamships, it is expected, will not exceed five days, and as very little time will be occupied in transmitting messages between St. John's and New York, the communication between the latter city and London or Liverpool, will be effected _in six days_, or less. The company will have likewise stationed at St. John's a steam yacht, for the purpose of intercepting the European and American steamships, so that no opportunity may be lost in forwarding intelligence in advance of the ordinary channels of communication."