12. Cyrus W. Field

Cyrus far we have been considering the struggles of men who have risen from obscure positions in life, by the aid of their own genius, industry, and courage, to the front rank of their respective callings. We shall now relate the story of one who having already won fortune, periled it all upon an enterprise in which his own genius had recognized the path to fame and to still greater success, but which the almost united voice of the people of his country condemned as visionary, and from which they coldly held aloof until its brilliant success compelled them to acknowledge the wisdom and foresight of its projector.

Fifteen years ago very few persons had heard of Cyrus W. Field. Ten years ago he had achieved considerable notoriety as a visionary who was bent on sinking his handsome fortune in the sea. To-day, the world is full of his fame, as the man to whom, above all others, it is indebted for the successful completion of the Atlantic Telegraph; and those who were formerly loudest in ridiculing him are now foremost in his praise. "Nothing succeeds like success," and what was once in their eyes mere folly, and worthy only of ridicule, they now hail as the evidences of his courage, foresight, and profound wisdom, and wonder that they never could see them in their true light before.

Cyrus West Field was born at Stockbridge, Massachusetts, on the 30th day of November, 1819, and is the son of the Rev. David Dudley Field, a distinguished clergyman of that State. He was carefully educated in the primary and grammar schools of his native county, and at the age of fifteen went to New York to seek his fortune. He had no difficulty in obtaining a clerkship in an enterprising mercantile house in that city, and, from the first, gave evidence of unusual business capacity. His employers, pleased with his promise, advanced him rapidly, and in a few years he became a partner in the house. His success as a merchant was uniform and marked—so marked, indeed, that in 1853, when only thirty-four years old, he was able to partially retire from business with a large fortune as the substantial reward of his mercantile career.

Mr. Field had devoted himself so closely to his business that, at his retirement, he resolved to seek recreation and change of scene in foreign travel, and accordingly he left New York, and passed the next six months in journeying through the mountains of South America. Upon his return home, at the close of the year 1853, he declared his intention to withdraw entirely from active participation in business, and to engage in no new schemes.

He had scarcely returned home, however, when his brother, Mr. Matthew D. Field, a successful and well-known civil engineer, informed him that he had just become acquainted with a Mr. Frederick N. Gisborne, of Newfoundland, who had come to New York for the purpose of interesting some American capitalists in a company which had been organized in Newfoundland for the purpose of procuring news in America and Europe, and transmitting it between the two continents with greater dispatch than was possible in the then existing mode of communication between the two countries. The scheme of Mr. Gisborne had commended itself to Mr. Matthew Field, and he urged his brother to meet that gentleman and hear his statements. Mr. Cyrus Field at once declined to undertake any share in the enterprise, and said that it would be useless for him to meet Mr. Gisborne; but his brother was so urgent that he at last consented to grant Mr. Gisborne an interview, and at least hear what he had to say. At the appointed time, Mr. Field received Mr. Gisborne at his house, and was there made acquainted with the proposed plan of operations of the "Electric Telegraph Company of Newfoundland." This company had gone into bankruptcy a short time previous, but Mr. Gisborne hoped to be able to revive it by the aid of American capital. The scheme which he laid before Mr. Field, can not be better stated than by quoting the following extract from the charter which the Legislature of Newfoundland had granted the bankruptcy company:

"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."

Mr. Field listened attentively to his visitor, but declined to commit himself to more than an expression of sympathy with the enterprise. After the departure of his guest, he took the globe which stood in his library, and turning it over, began to examine the proposed route of the telegraph line and the distance to be traversed by the steamers. While engaged in this examination, the idea flashed across his mind that instead of undertaking such a complicated scheme, it would be better to attempt to stretch a telegraph wire entirely across the ocean, from the shores of Newfoundland to the coast of Ireland. The vastness of this scheme pleased him, and its usefulness to the entire world, if it could be carried out, was clear to his mind from the first.

He at once set to work to ascertain if such an undertaking as an Atlantic telegraph was practicable. He wrote to Lieutenant Maury, then the Chief of the National Observatory at Washington, and asked if the laying of such a wire was possible; and to Professor Morse, the inventor of the telegraph, to know if such a wire would be available for sending messages if it could be laid. Lieutenant Maury promptly replied, inclosing a copy of a report he had just made to the Secretary of the Navy on the subject, from which Mr. Field learned that the idea of laying a telegraph across the ocean was not original with himself. In this report Lieutenant Maury demonstrated the entire practicability of such an enterprise, and sustained his conclusions by a statement of the recent discoveries concerning the bed of the ocean, made by Lieutenant Berryman. Professor Morse came in person to visit Mr. Field, and assured him of his entire faith in the possibility of sending telegraphic messages across the ocean with rapidity and success.

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